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Avenue Supermarts Limited IPO Message Board (Page 20)

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2274. QAA |   Link |  Bookmark | March 20, 2017 2:33:05 PM
Sharekhan: Did anyone get their Shares allotted in Sharekhan, I have applied through my HDFC Savings account via. ASBA. Have been alloted 1 lot but haven''t received the shares in DEMAT yet, your answers are much appreciated! Thank You
2274.7. adarsh |   Link |  Bookmark | March 20, 2017 3:57:22 PM
your allotment will get credited before the stock gets listed, but i feel nobody should be worried about when its getting credited because this is not the stock to sell on the opening day to make listing gains, you can make a merry if you wait for couple of years.
2274.8. QAA |   Link |  Bookmark | March 20, 2017 4:22:20 PM
Thanks ALL!

Appreciate all your responses, I will keep the forum posted about my allotment, I won''t be selling them, I am more of a long term guy, might buy some more in the future when it cools down.

2273. manishhind |   Link |  Bookmark | March 20, 2017 2:19:36 PM
Kisi ko dmart me 2 out of 2 allot hue hai kya?
Agar ha to kaise
2273.1. VIPULCHAU |   Link |  Bookmark | March 20, 2017 2:37:14 PM
Even I got 3/3... As per lottery system only.... All 3 Lucky person... Next time you better find LUCKY person to apply IPO with their demate accts
2273.2. abdixit |   Link |  Bookmark | March 20, 2017 2:51:22 PM (200+ Posts, 300+ Likes)
@VIPULCHAU you mean you got 3 lot from 3 different applications (one lot per application), not all 3 lot from single application ?
2272. ashok dalmia |   Link |  Bookmark | March 20, 2017 2:08:52 PM
most of the new demat accounts opened... recently are probably not being tagged by LINK INTIME and though amounts are blocked in AVenue supermarkets IPO , the link intime site is showing no records found... How that could happen... when VALID APPL has gone and amounts are also blocked for those demat accountholders?
2271. ashok dalmia |   Link |  Bookmark | March 20, 2017 2:06:30 PM
many a applications pan cards when punched for avenue supermarkets... are showing no records found.. though appl number has been generated and amounts blocked... what could be the possible reason..???
2270. romy jain |   Link |  Bookmark | March 20, 2017 2:05:10 PM
DMART WILL LIST TOMORROW RS.425
2270.5. manjitsingh |   Link |  Bookmark | March 20, 2017 3:25:53 PM (900+ Posts, 900+ Likes)
Hahaha
2270.6. Praveen Nayak |   Link |  Bookmark | March 20, 2017 4:02:03 PM
Anyone cud give any bhavishyavani till tomorrow morning.
2269. The Bull of Dalal Street |   Link |  Bookmark | March 20, 2017 2:03:50 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)

Kush Katakia, CEO at Beanstalk Advisory said the stock may appear pricey if it lists at around Rs 525-550 but it is unlikely to fall below Rs 500 due to high appetite for D-Mart''s profitable business model.

Read more at:
http://economictimes.indiatimes.com/articleshow/57725303.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
2268. chetan rajguru |   Link |  Bookmark | March 20, 2017 1:57:07 PM
aprroxx premioum
2267. prafs |   Link |  Bookmark | March 20, 2017 1:55:15 PM
Mumbai: For high net-worth individuals, who borrowed heavily to invest in the recent initial public offering of supermarket chain D-Mart''s parent Avenue Supermarts, the stock has to list at Rs 450 or at least 50% premiumover the issue price of Rs 299 per share if they have to make listing gains. 

According to brokers, grey market prices are pointing to a strong listing of Rs 550 per share for Avenue, considered more profitable than most of its peers in the Indian retail sector. 

The Rs 1,870-crore issue that hit the primary market between March 8 and March 10, got subscribed 105.93 times, making it the second biggest Rs 1,000 crore-plus IPO in Indian capital markets on the basis of subscription after Adani Ports in 2007. The HNI portion was subscribed 277.74 times, while retail and qualified institu tional buyer''s segment got sub scribed 7.25 and 144.62 times. 


The company had earmarked 15% of the total issue size of 6.25 crore shares for HNI''s, who had borrowed funds amounting to Rs 55,000 crore to bid for the shares at an interest rate of 7-10%. 

“For HNIs the costing comes up to about Rs 150. They will make good money if the stock lists around Rs 500-550,“ said Geetanjali Kedia, senior research analyst at advisory firm SPTulsian.com. 

Analysts said the company''s value-retailing model along with focus on owing stores than leasing give it an edge over industry peers, making it the country''s most profitable retail chain.This led to investors bidding aggressively to the offer, analysts said. The strong parentage of famed investor Radhakishan Damani was also an attractive point, they added. 

There is scepticism too that a strong listing will leave little room to go up further and the stock will eventually come off highs. Based on earnings in the nine months ended December, the stock is at a price-to-earnings ratio of 36 times. However, others argue that given the frenzy surrounding the IPO, those who did not get allotment in the IPO, particularly retail investors will utilise any fall in the stock price to buy. 

“Those who have rushed in for quick money, those who have borrowed funds will sell but those who have missed the opportunity will buy on every dips because the businessmodel is good,“ said Nilesh Dedhia, director at Vidhi Wealth Management Services. 

Kush Katakia, CEO at Beanstalk Advisory said the stock may appear pricey if it lists at around Rs 525-550 but it is unlikely to fall below Rs 500 due to high appetite for D-Mart''s profitable business model. 

In the April-December period, the company reported net profit of Rs 387.47 crore on a revenue of Rs 8,803 crore, while operating profit margins and net margin stood at 8.8% and 4.4% respectively. 

“There is a lot of appetite for the stock because D-Mart stands out in the retail space in terms of margin premium. The net margin of D-Mart is around 4.4% versus 2.2% for Future Retail,“ said Kedia. “I see Rs 450 as the fair value for the stock beyond which it will be all frenzy taking the stock higher.“ 

The issue comprised entirely of fresh issue of shares. The promoter holding will come down to about 82% post the issue against 91.34% held earlier.
2266. Kamlesh Shah |   Link |  Bookmark | March 20, 2017 1:54:26 PM
Avenue Supermarts Limited IPO (DMart IPO) - when to be listed ?
2266.1. VIPULCHAU |   Link |  Bookmark | March 20, 2017 2:39:30 PM
Next week... Monday i.e. 27 3 2017
2266.2. Viraj. |   Link |  Bookmark | March 20, 2017 2:53:19 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
21 March , 10 AM
2265. nmg |   Link |  Bookmark | March 20, 2017 1:48:31 PM
Saturday se sabhi Mungerilal ke sapne dekh rahe h... Dekho kal such hote h kya.. Finger crossed :)
2264. sudarshan modi |   Link |  Bookmark | March 20, 2017 1:18:36 PM
DENA BANK STILL SHOWS AMOUNT AS BLOCKED AND FUND IS NOT DEDUCTED NITHER SHARES ARE CREDITED IN DEMATE.
LOOKS DIFFICULT TO LIST TOMORROW
2263. sudarshan modi |   Link |  Bookmark | March 20, 2017 1:12:41 PM
THERE IS A NEWS THAT LISTING MAY GET DELAYED BY A DAY AS SHARES ARE NOT YET CREDITED IN DEMATE.
IN SOME BANKS FUNDS ARE ALSO DEDUCTED AND SHOWING AS BLOCKED
2262. Money Mafia |   Link |  Bookmark | March 20, 2017 1:02:47 PM
50 Shares alloted in my account of KOTAK SEC
2262.1. BP |   Link |  Bookmark | March 20, 2017 3:21:34 PM
got 50!
2261. karanKs |   Link |  Bookmark | March 20, 2017 12:59:51 PM
Hi Friends,
My application has been approved and it says that i have been alotted 50 shares, but it has not reached my Demat account yet. Can anyone please shed some light on it.
2261.1. FZR |   Link |  Bookmark | March 20, 2017 3:10:24 PM
Take this.. "Light".. ;)
2260. TheMaverick |   Link |  Bookmark | March 20, 2017 12:52:13 PM
50 shares credited to demat account
2259. diks |   Link |  Bookmark | March 20, 2017 12:49:28 PM
Applied for Full amount @2Lacs in Retail section, didn''t get any single share. Same happened in MBL IPO as well. Don''t know what is logic behind IPO allotment. Feel it has been better if I''ve applied for just 1-2 lot, might have got some shares.
2259.1. adarsh |   Link |  Bookmark | March 20, 2017 1:28:01 PM
Hi, I used to do the same last year and i got disappointed. There is no point in applying for 10+ lots. its better to apply for 1-3 lots bcoz irrespective of whether you apply for 1 or more lots you will get either 1 or 2 alloted(expecially with this kind of subscription).
2259.2. anubhavP |   Link |  Bookmark | March 20, 2017 3:48:22 PM
check the basis of allotment of Music broadcast, you will understand the logic....
whether u apply for 1 lot and max lot as per limit you will get only1 lot if IPO is highly subscribed.
by the next time i will also apply for 1 lot only..... :)
2258. Abbey |   Link |  Bookmark | March 20, 2017 12:33:45 PM
Does anyone know the basis of allotment?I had applied for 4 lots but got nothing. I know some of my friends who applied 1 and got 1.

Is there any rational behind the allotment or it is just a lucky draw?
Thanks!
2258.1. HYPIO |   Link |  Bookmark | March 20, 2017 12:42:08 PM
When it is expected an issue to list with huge premium and retail category is likely to be oversubscribed few time then it is wise to bid for minimum quantity with cut off price.
2258.2. Srikanth C |   Link |  Bookmark | March 20, 2017 2:30:45 PM
It is purely a lucky draw now. Best thing is to apply for 1 lot only and then wait for the lucky dip. Even if you apply for 10 lots, you will have same chance as others who apply for 1 lot. There is no difference. Only in case of issue being subscribed less than 1 time in retail, those who apply more lots will get higher shares which will be distributed proportionately after all the applicants are given 1 lot each.
2257. prafs |   Link |  Bookmark | March 20, 2017 12:24:30 PM
50 shares of Avenue supermkt credited to demat account.
2256. Sumit fatehchandani |   Link |  Bookmark | March 20, 2017 12:21:42 PM
Still SBi Bank not unblock the money,
2256.2. Pra |   Link |  Bookmark | March 20, 2017 1:48:30 PM
Bakwas SBI..MBL ke mere Abhi release nahi hue
2256.3. irrelevant |   Link |  Bookmark | March 20, 2017 2:37:54 PM
No fault of SBI or any bank
its karvy who have not still released
mail it
2255. Akash Pratixbhai Patel |   Link |  Bookmark | March 20, 2017 12:20:41 PM
what you people going to do?

Going to sell it on 22nd or save it for future ?
2255.1. The Bull of Dalal Street |   Link |  Bookmark | March 20, 2017 12:31:39 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
hold
this could be multibagger stock
2255.2. SIPs |   Link |  Bookmark | March 20, 2017 12:32:44 PM
Mere bete ki shadi ke time pe bechenge. He is 2 now ;) :)