My application never rejected Only if I get allotment I will have to pay brokerage I sold bcos i don''t know what market behave at the time of listing Ipo is good One should subscribe with full force
Let me clarify I sold my application on 7th Feb At that time rate on various websites rs.750-775 I sold @650 Early decision benefits me Nothing else I m not a trader I m investor like you all Good luck for listing Still hoping positive listing
Those invested stay cool this company will reward you good return . The business is growing one with more domestic activity will happen in the coming yours due to better insurance penetration to rural India. The scope of growth is unlimited, the health care and insurance industry is going to be the next decade reward/success story...
192. R R Patel| Link| Bookmark|
February 12, 2018 6:27:10 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Aster DM Healthcare Ltd. IPO: Due to busy schedule, some key points summary mentioned instead of details:
At price band of Rs.180-190 fully priceed. So not much grey market activity. Profit and margins are declining while interest cost increasing every year. Aprox Rs.3000 crores debt on company. Past track record of peers in term of return also not good. Robust business model but the timing is not good in current volatile market. Not much exciting Anchor allocation list. NAV is Rs. 49 as on September 2017. Total 2,40,988 lots of 78 shares each are available for allotment in retail category. Geographical concentration in Gulf Countries.
So conclusion is that i am going to avoid this IPO and focusing on secondary market for accumulating good quality stocks at lower price in this volatile market. Apply if you can take risk or apply after good QIB subscription although QIBs are for long term and HNI not expected to apply heavily so remind some past flop issues like IEX, BRNL, GTPL, S Chand, C L Educate etc. Do some own analysis and than decide. I am not applying and by the way i have Narayana in portfolio. So be wise n smart.
192.1. R R Patel| Link| Bookmark|
February 15, 2018 12:18:30 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Avoid it. It looks risky.
192.2. R R Patel| Link| Bookmark|
February 15, 2018 1:56:44 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Azter DM Healthcare Ltd. IPO Subscription figures(BSE+NSE) on last day @1:50 pm: QIB - 60% ** HNI - 30% Retail - 86% Total - 67% **Excluding Anchors. Poor subscription figures till the time. I am not applying. Avoid it.
Very good forecast R.R.Patel sir.....your contribution in Aster and galaxy highly appreciated.....
192.4. R R Patel| Link| Bookmark|
February 15, 2018 4:13:39 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Aster DM Healthcare Ltd. IPO Subscription figures(BSE+NSE) on last day @4 pm: QIB - 2.1X** (closed) HNI - 0.56X (closed) Retail - 1.08X Total - 1.26X **Excluding Anchors. It was clearly avoidable. Negligible subscription by mutual fund and HNI. Some dubai based institutional investors saved it to reduce the price band and extends the date or withdrawal.
192.5. R R Patel| Link| Bookmark|
February 26, 2018 12:06:56 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Due to highly priceed and volatile market conditions suggested to avoid. Many good options are available at cheaper prices. Its time to accumulat good scripts at good price in secondary market and by the way this forum slipped from its object of focusing on IPOs and related discussion. Peoples are sharing jokes and also political issues etc. Tha is why good members visiting the site rarely.
Can you spare some of your valuable time and share your DCF analysis..it will be great service for the forum since nobody posting it since Septa sir gone on project.
Any other person whose analytical skills is better than Anarchist can too chip in their contribution.
I am very eager to know what initial cash flow would be for a company with 2600 cr debt and 82 crore loss in first half of FY 18 with FCF negative in some of the previous year.
GARBAGE IN GARGAGE OUT won''t work...
38.6. Anarchist Feb 8, 2018 8:35:46 PM IST Aster DM Healthcare Ltd IP
....I can do a complete DCF analysis but there are just too many who do that on here ..
Still wailting for it.....you claimed you can do complete DCF analysis for ASTER as mentioned in your above message. It will be good learning experience for me. This is why I miss Septa sir DCF analysis....no other member post it.....
What do you think? I''m here 24*7 taking online exams by random, incompetent assessors? ...
What are you trying to pose as this time? An accountant? Accountant that highlights the debt and the loss to paint a blotched up FCF picture while missing the net capital expenditure and the post tax interest expense aspect like the brains from your jealous, worn out skull?
You don''t tell me what I ought to or ought not do now or the next time....You just stick to your decision of giving up on things as that will help you feel gayer than your gayest ever.....
Planning to stop this IPO for the following reasons:
1. Despite decent Brand value of Aster, already listed Hospital carry lesser risk. 2. IPO valuations are rich and there is not much left on the table for mid and long term investment in this company. 3. Listing gains are inherently lower in hospital company IPOs 4. Listing gains will depend heavily on global headwinds which will also impact overall indian market as well. 5. Global markets (though risen today) are expected to be heading downwards due to continued increase in US bond yields. 6. Expecting secondary market in India will throw up better and safer opportunity in next downwards movements. This is IMO. Take your own decisions, it is your own money.
I stick to my initial belief (not dependent on subscription level) about this IPO and decided to avoid completely (not even a single application). I am also not looking to buy this stock from secondary market (post listing) irrespective of stock price post listing.
If speculators (operators) decide to play in this stock, there may be still some listing gain but I am not interested in pure speculative profit in this stock.
Wish the best to everyone for their decision in this IPO.
From analyses of the data available for this company, I am unable to come to any conclusion why the company has been making losses frequently.
Can someone please share his/her analyses and conclusively demonstrate what will be company''s profit/losses in next 3 years? I am not mere looking for extrapolation of previous performance but also a correlation logic in data why & How (if) future performance will be anyway related to past performance and if future performance is not expected to be related to past performance, then justification by data analyses...why not? Please avoid weird assumptions in the calculations which do not have background logic, if & why they will be true in the future.
I trust the capability of people in this forum (& otherwise) even beyond what they have already claimed to possess.
I am myself a big fan of data analysis and statistics and a long term practitioner of both. My only small expectation is that can someone just convincingly and conclusively answer the question which are relevant to the IPO in question so that it helps everyone in the forum.
Data Analysis experts........... this is a good time to redeem yourself by answering a relevant question convincingly for this IPO by your data analysis.
Generic cut,copy & paste analysis doesn''t help anyone.
@beejeedee Probably you are right. It is too much to expect from so called data experts in this forum. Despite my disappointment today, I will still continue to expect from them answering question relevant to specific IPO rather than generic analysis with some weird assumptions which have no utility.
Based on earlier replies..and successfully tried.. simply apply second time with same PAN, both Applications will be automatically rejected.
177.4. medge| Link| Bookmark|
February 15, 2018 2:23:27 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Login to HDFC sec Go to IPO/OFS, Order Book(IPO/OFS) Search your order Select your order Down you will get Activity Log, Modify and Cancel button Do cancel If still you are not able to to cancel or system gives warning unable to cancel in this case contact HDFC security As subscription is not closed, website should allow you to cancel order