Angel One Ltd IPO Message Board (Page 6)

Angel Broking IPO – *Market’s Current Estimates of oversubscription*:

RII = 7L Forms = 5.00X Applic. wise (Avg allotment of ~9.80 shares per lot)
NII = 6.25 Crs. = ~69.44X

Interest cost *@8.00%p.a.* for 7days = 46.95paise for 1X

Thus, for NII the costing = 69.44 X 46.95paise = Rs.32.60 per share (= GMP)

And, for RII the costing = 9.80 X 32.60 = Rs.320/- (= Kostak)


Angel Broking IPO – *GMP Estimated*
GMP 15 +/- 1
Kostak 150 +/- 25

NII ESTIMATE OF SUBSCRIPTION 69.44 IS 100 TIMES OF ACTUAL FIGURE WHICH IS ONLY 0.69 TIMES.
YOUR NII ESTIMATES FOR CAM AND CHEMICAL IPO WERE VERY NEAR ACTUAL.
WHY NII ESTIMATE FAILED IN CASE OF ANGEL BROKING.

Because of market turbulence.

I warned multiple times to avoid angel broking IPO. Remeber what happened to ICICI securities on listing day.
Apply with full force in Mazagon dock IPO and buy Cochin shipyard as proxy play also

Gmp 22 rs

- or +

no grey market premium negative listing confirm.

Yes. Retail Investors ko fassadiyaa

The unsubscribed portion of NII , will spill over to Retail and the chances of allotment in retail would improved.
The retailers who did not get allotment in any of the blockbuster IPOs will be demystified , getting allotment into this one and shares listing at a discount. ( high possibility).

Here those who have applied are trying to find out some positivies and those skipped the IPO are talking only negative just to prove thier point that they are intelligent by not applying in this issue. Following scenario is possible.
1. Chances of getting allottment is fair in Angel while bleak chances in Chemcon and possible in CAMS.
2. Today market is negative and it appears that by the time these 3 shares are listed in stock exchanges, market may turn optimistic. In that scenario, Angel allottees may expect profit.
3. Since chances of allottment is very remote in CHEMCON and CAMS, even very good listing is of no use for us.

All the best for those who applied in Angel.

30 June 2020, 31 March 2020, 31 March 2019      31 March 2018 Rs. In Million
Respectively
Total Revenue 2,440.86, 7,427.79, 7,626.47      7,536.55
Profit After Tax
Profit After Tax 381.83, 866.24, 766.94, 1,010.52 ALWAYS PROFIT GIVES GOOD RETURN ALSO ITS BROKING FIRM, So till the market is there broker is there. Running scripts

We all try to interpret different things from subscription figures and GMP. Please note that these are just indicators about how others category investors may be thinking about this company stock.

While not vouching the quality of this IPO, I believe that main reason for poor subscription in this IPO is deteriorating global market sentiments. Since NIIs pay hefty interest on the amount invested in IPOs. Have this been a day when for last three days SENSEX and DOW been up for last three days, believe me folks subscription figures would have been drastically different. NII sensed that the current market sentiments can potentially give them an opportunity to enter this company stock (if they still wish) at a price which may be same of lower than IPO price. There was no need for them to rush and take risk at this stage and also pay interest on invested amount for a week.

I believe that every IPO is not just for listing gains......Wealth is not generated in a day. It is not wrong to look for listing gains but excessive focus on listing gains can prevent people from rational decision making. e.g. aniketiaf believes in the stock..........irrespective of what happens with initial listing .....he persisted with his decision. That is the way to generate wealth over a period of time. I am not judging his decision to be right or wrong but saying that he has his own thinking based on some additional information or market intelligence.

All of this may seems to be confusing for new comers but my general suggestion would be to learn more about the company beyond GMP and subscription figures and also understand their business and compare the company with already listed companies in the same business domain. That will help more in decision making and last but the least "Do not follow the herd" that will cause of you big harm sooner or later. If confused err on the side of caution which most of the investors in this forum did and avoided this IPO.

So this is done and dusted and now lets wait for next three IPOs opening on 29th Sep. Cheers to all of us.

If you need to make money then Angel is not only company. There are many high quality stock down in last 3 days. Those would reward in long term.

Mr Singh..Hope you have not misunderstood my post. I have not recommended anytime in my posts to subscribe to this issue or otherwise.

Every body is too/over intelligent and try to read between lines. My saying "Subscription would have been higher" no way indicate that I am positive about this IPO or recommending subscription.

I dont post to garner likes and say things which folks like to listen but only to share my honest views irrespective of views of others, Most of the time I am right but many times I have been proved wrong as well. I believe that is ok as long as I am sharing honest views and not manipulating others for my own gain.

I respect every view....aniketiaf's, yours and of every other member and would like to thank chittorgarh for the same.

Is there any mechanism to cancel or withdraw our application.

It depends by which way you have applied. . .
If asba, I am not sure.. .
If UPI ID, don't approve it just reject the application through your Internet banking or let it be like that it will get automatically rejected after 48 hours. . .

You can apply another application with same pan number

So things are clear, NII avoid means everyone should avoid, becuase NII invest their own money or paying interest for that. QII 5.72x doesn't matter as that is not their own money and they have internal settings with some companies to sail through such week IPOs.

Lesson learned for Retail Investor - Never truest QII upto 10x always look for NII and follow them if one is not able to judge by self.

This will be a good lesson and help further to Retail investors to understand the mood of any IPO... If NII invest heavily, then there will be very little risk. As NII are big bulls and have done much analysis before investing ( by paying interest on borrowed capital ) in any IPO.

Your logic didn't work with SecMark consultancy IPO where the NII subscription was close to retail one but still it fell flat on the bourse.

All the best and congratulations to those who have applied, there is a good chance of allotment and around 15-20% listing gains, Technicals suggest the market will turn short term bullish around listing of the IPO.

As mentioned... this tumbled below 250 in middle of October...

Seems like it is approaching towards 200 levels by end of October....

Today dow is down ie on 23/09/20 525 points DOW JONES 26763
Nifty @ 11131 BSE 37668 on 23/09/20
with the above view of Dow , Nifty likely to go below 10999 any day
I have changed my opion in applying in Angel Broking Ipo
better stay away from this IPO ( IPO rate was fixed when nifty was in range of 11400 -11500 )
Views expressed are because of down ward trend in Dow and Nifty , Bse index
The same view i had expressed in SBIcard Ipo (nifty was below 12000) not to apply
Those who have applied can still with draw the application
however you may consult your financial adviser
(Thanks to those who will give negative Marking )

Very very poor respose to Angel broking ipo

ADVISE WAS TO STAY AWAY FROM THE IPO ON 24/09/2020

Angel(QIB,NII) will come today to save this ipo. imo wit till 01:30 pm then decide.

Only RII and HNI not enough QIB must need to subscribe at least 90%, then only issue will go through.

anyways its will going to subscribe with decent numbers in QIB

As mentioned in the morning, decent subscription numbers in QIB.
but still not applied, there may be few listing gain depends on market on listing day, best luck who has taken the risk.

my side.... avoid Angel Broking....
i have not applied.....

Poor response to the offer in all categories as expected. In present time every investors must be enough smart to decide on what to subscribe and what to avoid. Use this forum as s guide, take advice from wise/knowledgeable persons nearby. Trying to learn/read/understand the market as much as possible to earn handsome profit from primary as well as secondary market. Don't take much risk and play safe in initial stage and than after getting some experience..... take some calculated risks and increase exposure.....only invest some part of your savings..... not whole savings.... never invest in market by taking loan or by borrowing.... smartly invest in good IPOs with more applications to increase allotment chances to earn good profit with very low risk.... avoid some poor IPOs....????????????

For Link Intime , finalising basis of allotment is a cake walk or walk in the park having regard to the number times the Issue is subscribed .

Remaining quota of HNI will be given to Retail or QIB? Retail very good chance of allotment...but looks extremely risky in applying

Kudos to Aniketiaf for being the only person (among the list of people, members were reaching for help) to have come out and say boldly that he is taking risk and not cancelling his application but wouldn't recommend others to do the same.

Rest of the people whom members for crying for help to, did not even made a single post to help them.

I will apply but limited accounts only
We have 8 accounts in ANGEL and their services best
But discount broking companies giving tough competition so limited growth also new sebi guidance effects on retail volume and margin trading facility.
Also GMP may not sustained
At the time of listing

So after 2 other IPOs , if you have extra fund and if you are risk takers then apply only last day after seeing healthy HNI and QIB subscriptions (atleast 75-80 ×)

I applied for angel on first day. But after seeing poor response I withdrew all my applications.

Angel failed to make healthy subscription
Poor show
I have not applied ,
Decided early morning
After seeing mood of the market,let's see how it will list.

This series of IPOs CAMS, Chemcon, Angel is done and closed, now focus being shifting to UTI AMC, Mazagon dock..

If QIB not subscribe at least 90% of his quota...this issue need to extend or withdraw...
Greedy promoters... earlier price of 275 was ok for this IPO...

Do yo know that amount??

Some hni may have applied more than they want thinking issue will be oversubscribed now they will get full allotment