Angel One Ltd IPO Message Board (Page 5)

GM sir, can we apply to angel ? For listing gain
Please guide.
Thank you

lekker Sahab, Good evening.
I have applied through all my accounts in Angel.
As a bunch of IPOs have arrived with in a short period of time so they may eat subscription portion of each other.
CAMS and Chemcom

Sorry for my last incomplete message.
Actually I want to say-

CAMS and Chemcon will definitely reward Investors but I am fully confident that Angel will also give markable listing gain around 10%.

Thanks.

???????? Thank you, i already applied for ChemCon and CAMS 6 apps each, will apply for angel in 3 accounts.

You mean that in Angel ,the listing gain is expected to be even more than the present GMP ( which is even falling further due to deteriorating market).

Rkg,
Usually, Listing gain/ Listing day gain is always greater than IPO Price + GMP.
That's the reason, Saudas are taking place at GMP.
As far as your concern about Falling market, three/four days correction is not at all a new thing for market.

Thanks.

sir pls advise now , can we apply ? also you said you had applied , stil remain same or withdrawal your application

SHANI,
I am not withdrawing my application as I have gained heavily from Market so a small loss (If happen ) doesn't affect me .
But I can't suggest the same to others. As per his/her own risk taking capability one can leave/apply/withdraw the application in Angel.
Thanks.

Again a very straight reply without any "if and buts" by Aniketiaf sir.
????

always profit making firm gives good return in future, also 49 share @ 306 , good , not a greedy promoter, good, as you said good broking house, nice

PAT has been falling in last 3 years. Discount brokers like Zerodha, 5paisa etc are gaining market share. I am not sure what is the P/E they demanded with the IPO price range but even if it is <20 PE I would like to stay away as the business sector itself is not that great for non-discount brokers.

proift as per ipo details (PAT) , Rs. in million
mar-18 = 1010.52 ,
mar-19 = 766.94
mar-20 = 866.24 >>>
till june-20 = 381.83

Exactly from 2018 to 2020 PAT fell from 1010.5c cr to 866.24cr. 15% decline in profitability.

Small correction in last post profits are in million not crore.

@Navjan , pls advise for UTI AMC IPO, As per below profit details (PAT), apply or not
Rs. in million
mar- 2018 = 4050.91
mar-2019 = 3479.27
mar-2020 = 2764.85
as compare from 2018 to 2020 PAT FELL from 4050.91 Million TO 2764.85 Million Rs. 68.24% hugh downfall, so pls advise sir

It is not decreasing. March 2020 profit is higher than March 2019
You cannot calculate the highest profit in 2018 to determine trend. Angel has maximum clients added after zeroadha in 2020. Just wait for listing. By the way are you aware that almost all broking house have given spectacular returns in long run.

@SHANI I have posted a comment on UTI AMC also on its forum page. Copy pasting it here:

Some members pointing the attractive valuation of UTI when compared with HDFCAMC but they are forgetting the growth in AUM achieved by HDFCAMC and the decline in AUM for UTI in last few years. Higher valuation is always there for companies with growth.



AUM Data:
March'19 March'20 Diff %
HDFC AMC : 342524.65 365590.80 23066.15 6.73
UTI AMC : 159416.98 141010.44 -18406.54 -11.55

Similarly from march'18 to march'19 AUM of HDFC AMC grew by ~16% while UTI grew by ~9%

"By the way are you aware that almost all broking house have given spectacular returns in long run."

@IPOANALYSIS as they say in market "Past performance is no guarantee of future results" Dynamics of the sector has changed. People are moving towards discount brokerage. Plus too much competition among the premium brokerages (ICICI securities, motilal, HDFC, angel etc.)

BTW, both the analysis for UTI and Angel is not for listing gains but for medium to long term price trend. Listing gains are largely dependent upon sentiments on the day of lisiting, issue size, etc rather than valuations and growth prospects.

Angel broking has second highest client addition this year . So that proves it has satisfied customer and not client running away. If a sector is working then it is in terms and will continue to perform example chemical, brokers . Chemc the performance of India Infoline, India bulls ecurities,motilal,. Even small plates like share India securities and wealth manager. Each and every company performed in longer run . They have big clients who have trust and will buy share in market as well. Wait to heck performance of stock in next 3 months to 6 months post listing and u will have answer

IPO ka meaning to listing gain hi hai, otherwise listing wale din hi na purchase kar le?

Yes you are ????% correct,
Decent gains Expected,

HNI subscription is 0.69x. RII is 4.31x and many RII withdrew their application after seeing 3rd day subscription figures. If this share still list at premium then hats off to the guys who applied. Having said that it is extremely likely that this is going to list at a 10-20% discount and will further fall.

Navjan seems you have not applied. Just wait for listing which is not far away. Due to earlier issue taking major chunk of money .it does not mean that the performance will be affected. Have you researched on the company and customer satisfaction of Angel. We have seen many less subscribed issue like Sheela foam, Mishra dhatu and many more perform very well . Just wait for some time and you will get answer

What is the GMP, If it is going to list in premium?

Amit Ji GMP is less than 10-15rs. That is why I said hardly any excitement for this IPO. With markets seeing correction people are worried if even Chemcon and CAMS will list in discount(highly unlikely). I personally have no hopes with Angel Broking.

@IPOANALYSIS yes I have not applied in Angel instead applied with full force in Chemcon and CAMS. I always look at grey market premium, profit growth, and subscription figures before applying. Angel neither had any GMP nor it had great subscription numbers.
You are right in 8-9 days it will be clear what happens. If this lists in heavy premium I will think of changing my approach for IPOs.

Agree @navjan, I also did not apply in Angel. I also gave big avoid call for Angel. Why to take risk in investing this, when there are multiple options are available both in primary and secondary markets...

All the people who criticized me in the above thread. I hope you guys can now appreciate what I was trying to say.

It will take a miracle to get listing gains.