Apeejay Surrendra Park Hotels Limited IPO Message Board (Page 20)

They were preparing for this ipo before COVID and our firm was handling conversion work from AS to IND AS and their management are really tough guys that's why didn't gave much opportunity for big listing gain

33/36

KOSTAK RATE

PLEASE UPDATE KOSTAK RATE AND KOSTAK TRADES DATA.

2 din se koi rate nahi he

Hi experts and seniors, if got lucky wrt allotment, what r the chances of listing gains......planning for 1 retail and 1 SHNI

Hello,
If BHNI category oversubscribed. How much allotment one gets ? Worth of 2lakhs or 10 lakhs

​@investormahesh @Vimal Garodia Thnx.

My above statement is valid when BNII category is oversubscribed APPLICATION WISE

Mainboard ipo me ab pehle jaisi demand nahi he tata ipo ke baad se

Tata ipo se bahot logo ne new entry ki ipo me aur subscription double ho gaya isliye ipo allotment bhi nahi ho raha aur grey market me bhi koi khaas deal nahi ho rahi

I think fact is totally opposite.

after the bumper listing of TATA Tech, many new people comes to Primary Market... that's why subscriptions are huge and allotment chances are reduced drastically.

All categories including QIBs fully subscribed on day 1

Interesting to see qib subscribed fully on 1st day

Can someone confirm if indiafirst life insurance ipo is coming in upcoming March with parent Bank of baroda? Are there any chances for sh category in this ipo??

IPO might come in March, it will have Shareholder Reservation Portion as per DHRP for now.

​@Paymzia Thanks bro itne pyaar se reply krne ke liye🥲

Guys, I am holding a joint account in yes bank with wife as 2nd holder. Can I apply asba in her name through this account? Or it will be considered as third party?

​@Kmsandeep you can apply in joint holder name if her PAN is mapped to the same bank account.

https://www.chittorgarh.com/faq/apply_ipo_family_member_my_saving_bank_account/265/

​@B.M.SURANA Sir aapne GMP aur Kostak rates likhne band kar diye hai lagta hai? pls aap continue rakhe. It is very useful information. 🙏🙏

​@B.M.SURANA Sir Ji Could you please keep updating us on the GMP....If anyone in the forum has been upsetting u please ignore them....many members depend on you for the GMP....

​@B.M.SURANA  Ji,
इस समय सिर्फ SME में ही एक्टिव हैं, सुराना यहाँ के हाल भी बताओ सा।

Someone please answer me specifically, if possible, can it help many people who are actively applying for an IPO?

Suppose if the IPO is oversubscribed multiple times and we subscribe for the maximum number of lots in the retail category and if I get an allotment, will I be entitled to the full number of lots I have subscribed for? or just 1 lot?

Ex: Park IPO retail max is 13 lots and I apply for 13 lots, if I get selected will I get 13 lots or just 1 lot?

Reason I ask is , if we apply in S-HNI min where as the lot is 14 and if I get selected I might get 14 lots in full because thats the lowest number under S-HNI.

Please clarify.

In mainboard IPO there is no extra advantage in single application of more than minimum lot or lots in retail, SNII or BNII category if that category is oversubscribed APPLICATION WISE. In retail category u will get either no allotment or allotment of one lot. In SNII or BNII category u will get either no allotment or allotment of shares worth slightly more than Rs two lakh. SNII category is better than retail category because if successful u will get one lot in retail category while you will get shares worth slightly more than Rs two lakh in SNII category. BNII category is better than SNII category because BNII category has higher chances of allotment, generally

The case, where an IPO is oversubscribed, only one lot will b credited, even if u apply for multiple lots.
So there is no point in applying for more than a single lot, if IPO is oversubscribed

Again This will be a high subscribe IPO. Less chance of allotment .

1st Day 1st Show pe pata chal geya tha, iska nature. Again very tough fight for Allotment.

Axis Bank Net Banking Site not working. Anyone facing similar issue?

Axis bank se Third party UPI / asba ki through Shni IPO allotment hota hai ??? Pls confirm ?

Big Breaking News

South Korea's Hyundai Motor Co is evaluating a plan to list its local unit For An Indian Public Listing

Expected IPO Size : 27k cr - 46kcr
Valuation : 2.3 lk cr

Around 16 Investment Bankers Are Going to be Interviewed

A Detailed Thread Will Be Posted

@pulkit gupta. flop show is due to valuation rather than issue size

​@newgen consultancy I think it may hit the market in November 2024

Can't able to apply through canara netbanking it's showing PAN number error. Anybody facing issue?

Issue not yet resolved. PAN is striked out in the online application. Any updates on this?

Whom to contact? any experts

isn't something wrong with overall subscription figures? @Admin @ Chittorgarh.com

Thinking 1lot shni any chance of negative listing

From rhp
-8th largest in india in terms of hotel room inventory. 30 hotels, 7 owned , 3 leased and 20 managed.
-Revenue split 57% from hotels and 42% from F&B including wine, liquor
- Revenue split in hotels, 85% from owned ones, 4% from leased ones and 2% from managed ones.
- 50% bookings through travel agents, 42% walkin bookings and 4% through own website. 4% of total income given to online travel agents as commissions. which is also 15% of room rent !!
- 7 of their own hotels are mortgaged as collateral. These represents 1100 rooms!!
-75% of revenue from just 5 hotels
- Attrition rate of employees 50%+
- Promoters hold shares through trust
- Going forward they gonna repay full debt. And add 700+ rooms.
Interest currently is 332 mil Rs, so this gonna go to zero

​@UjwalG Brief and nice piece of information, thanks bhai

​@UjwalG Debt of all other peers except EIH and Indian Hotels is more than Apeejay, one reason which can be taken that debt infused growth is lacking in Apeejay or they couldn't use the proceeds as desired accruing to lower income and profits.

Good thing is that IPO proceeds are being utilised to repay debt and not to expand further straightaway from the proceeds of issue. On the other hand the Anchor book has all the right constituents.

JM Financial in LM's role seldom offers reasonable pricing for IPOs, so that's one thing, but to capitalise on the current market sentiment, no better way to do it.

Y qibs subscription today only 2 days left na

Those are FIIs

BHNI limit is beyond 10lakhs 😊, but yes agreed your point and logic