Awfis Space Solutions Limited IPO Message Board (Page 18)

GMP TRADED AT. 127 RS

​@Chhote Lal @MuStrFc and All experts
OT :) is there a way around to not have to authorise holding everyday (a/c. with discount broker)

​@Ascension Prior to year 2022, there used to be provision for furnishing Power of Attorney (POA) to broker which is replaced by DDPI and is made optional. However, in place of giving such an authority to the broker, it is best to authorise yourself at the beginning of the day. For all the accounts of self and family I maintain, have kept identical PIN for CDSL authorisation in both Zerodha and Upstox. It is just one time activity applicable for whole day. I am more comfortable with this rather than giving away powers to the broker. Though, in ICICI Direct, there is no such authorisation requirement.

Dear
I have done it with Zerodha and Groww. Zeodha Charges Rs. 118.0 and Groww dose it Free of Cost.
In Zerodha, the process will be completed in 1-2 Days. But Groww can take 4-5 Days.

Company continuously 4 saal se lose me per grey me 32% profit book ho raha he kya baat he

​@Eternal SOUL Tejas pandya is a very genuine person don't comment on him whether your doubt about registrar's I tell you what my cousin brother in karvy but I am shocked almost every time I am not allotted or very less allotment in Kfin tech.

Nifty reached life time high today congratulations to all who invested in market and enjoy good profit keep investing in good PSU and if some risk takers go FF with Adani group, I am holding huge quantity of some Adani group stocks since last 4 month and in very good profit but after election results a big Tsunami comes in PSU and Adani group.

Dear kailash sharma,
Please suggest🙏 name of the adani and psu
Which you invested can give good return help to enter the company. If not mind please share.
Thanks

27 tak ???
Last date????
Final hai ???

Application wise subscription

Hni sub to 55000, retail 4000.

Why this IOP opened for 4 working days?

​@Marwadi IPO Today is Buddha Purnima ( bank holiday in many states including in Maharashtra), hence one day extra it appears but effectively there are three days only.

In 2019 election Ridham Desai from Morgan Stanley says that he is visiting India and no Modi Lehar he also think about hung parliament but he goes totally wrong in 2024 also no lehar it's silent wave and a strong government is coming again Led by NDA so don't worry and keep investing

hi seniors,is this IPO able to provide listing gain,please give your views

Anchor book and initial sub response is good . Should provide gains ideally as of now, but listing is far, anything can happen & GMP can go either ways by then.

Since last 21 trading session, FIIS are continuesly selling in Indian Stock market. They have sold more than 38K crore and Indian mutual funds & others have bought more than 60K crore therefore the index remains mostly at same level. Vix India is 21.47 .

FIIS haven't sold so aggressively in the past. They are considered to be smart enough. They must have some important news which we don't know at present. BTW the FIIS have nothing to do with Indian Election. They will come again in the market when they feel comfortable with it. They don't want to book loss in case of any adverse results. Perhaps they might be thinking INDIA 🇮🇳 Shining story of 2004. But all these don't mean that One may sell his stock presently. One may have to read between the lines.
Let's see the big event of Democracy on 4th June. Entertainment, entertainment full excitement and enjoy it without any bias mindset.

​@abc xyz For long term investors, these inflows and outflows of funds are of little or no relevance, going by past experience. If one is able to gauge a bigger picture, so called events like elections are no-events. Election is no-event, Budget is no-event ... than what exactly is event. India is event and it's growth story is event. Those who believe in this, keep their participation intact and remain invested will surely reap phenomenal rewards !

In last couple of years, Indian Small investors have outsmarted FII's. No need to be concerned about FII selling. We Indians are more confident about India story and our election results. Odds are in favor of Bulls in near as well as long term!! My view!!!

Peak of a Greed,
Loss making company but GMP is 125.

Caarlos ye admi har ipo me yahi kahta he kya aesa nahi lagata ki inki dimagi halat thik nahi he

React here😂

​@Dhanvan manas Let's not get personal buddy. Let him express his opinion as well. Agar sab positive opinion hi rahe toh maja nahi aata, thore mode different opinions bhi rehne do. 😀

Explain these retailers that Friday is holiday and ipo closing on Monday. Sab Paisa aaj hi laga denge. My expectations in retail is between 70 - 80x based on Indegene, TBO n aadhaar.

​@Harsh Newguru No problem, you probably by oversight specified Friday as holiday (in place of Thursday), I had to check all resources to confirm whether Friday too is holiday 😁

Sorry @Chhote Lal 😔😄

Anchor list is just rock solid.

To be honest, it seems light on long-term FII investors . Go Digit's list was stronger.

Can't compare 600 cr vs 2600 cr.
Very Big funds (pension funds, etc) invest Big way and when they do that they also look at the size of the company or market float (liquidity).

May apply full force with all 30 demats.

- Solid anchor book
- Co-working space is the future for professionals and small companies with plug and play model
- Have personally seen Awfis' offices in Bangalore and Mumbai. Check the ratings on Google. Employees like working there.
- Company has incurred losses but that has been due to fast growth across multiple cities

- Cash positive in expected by next fiscal year
- Those with work from home narrative - offlate most companies have made it hybrid model with 2-3 days mandatory work from office.. even smaller companies. So Hybrid seems to be the future.

Some issues I have with the IPO:
- Valuation - to my comfort zone is a bit expensive especially considering the price at which shares have been issued in last 1 year.
- The MA model is good but comes with its own risk especially if the center doesn't work out for the clients

- Litigation against the Promoter, company. Based on the model company is working, in my humble opinion more litigations may come in future.

Will look into QIBs subscription on last day with regards to full force. As of now will surely be applying few BHNIs.

Have been reading many messages on loss making and being greedy..

People are surely entitled to gave their opinions.. and rightly so given we have seen many startups failing..

But most startups are valued not on their present profitability but on future profitability and cash flows..

The traditional way of doing business was moving slowly year on year with new factories, offices, etc.

The startup way is growing fast by burning cash in lieu of profits.. If it business model is good.. it does work out.. We have seen many startups succeed in last 1 year itself..

It depands on one's risk appetite.. there are retailers who are investing in 25k to 1 lakh as angel investors in small startups also through various ways..

Those who are risk averse should stay away.. those who believe in the concept are happy taking risks.. 😊

1 BHNI alloted.

Hoping for a good listing. 😊

GMP
125

Classic example of GREED..

iss IPO mein OFS -ve
fundamentals -ve
post PE ratio -ve
market sentiments before election -VE

only positive thing is GMP ,

This IPO may be a trap for retailers.
I am avoiding this IPO
Be FEARFUL , when others are GREEDY.

​@Honey Harwani And how Zomato performed from 50 to 200+ :-)
Do not pick and choose examples that suits you buddy.

Even if retail investors are greedy, most of them will not get any allotment.

The selling shareholders are VC funds, so OFS is not really that big of a deal. The company is generating positive free cash flow and the main purpose of the listing seems to be to provide partial exit/ liquidity to the financial investors. The valuation looks a bit expensive looking backwards, but the numbers are stronger than I would have expected.

For me, the main concerns are strength/moat of the competitive position, client/ employee / workspace partner churn, and corporate governance issues (Rana Kapoor connection). There have been well-advertised failures of this business model in other countries (WeWork, Regus) and I am not yet convinced that the past growth rate can be sustained. If it can be, the stock is a buy.

Given the high expected subscription, I will probably apply FF and think about whether to hold or not only in case I get any allotment.

what is the expected retail and SHNI Subx?
@newgen consultancy @Tejas Pandya​@Chhote Lal @MAMU​@PLAZA @Dhiraj Ramchandani

​@Agrawal S I am holding onto Azad and Paras. Had planned to exit Azad at 1550, but luckily order could not get through that day. Have small quantities only, but enjoying the momentum. Missed further accumulations, but it's okay. Opportunities will keep coming 🤞

​@Chhote Lal Great to hear that 🙂 🙂

Retail fully subscribed in 40 minutes...
Seems like 15x

​@Chhote Lal  sahi pakde hain Chhote miyaan

One should not miss the point that retail allocation is only 10%.
And also this is not a aadhaar/TBO/Indegene kind of 1600+ crore IPO.
It is 600 crore IPO with 60 crore for retail.

So retail subscription at this point seems very normal. Early to jump the gun.