298. abc xyz| Link| Bookmark|
May 28, 2024 10:14:26 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Vadodara-based Kronox is a manufacturer of high-purity specialty fine chemicals. Its products find application in a wide spectrum of industries for diversified uses such as pharmaceutical formulations, active pharmaceutical ingredients, biotech, scientific research and testing, nutraceuticals, personal care, agrochemicals, animal health, metallurgy, amongst others. It has three manufacturing facilities and Research, Development and Testing (RDT) laboratory, in Vadodara, Gujarat. Additionally, the company has acquired land at Dahej, Gujarat, to set up a new manufacturing plant. The company has more than 120 products under various phases of research and development.
The company exports to more than 20 countries with major exports to the USA, the UK, Mexico, Australia, and Egypt, among others.
@Esparando Sir u r mistaken... i have seen bigshare uploading few sme allotment at 5 pm... & many before 6 pm.
295.3. Esparando| Link| Bookmark|
May 28, 2024 9:57:45 PM
Top Contributor (500+ Posts, 100+ Likes)
You are correct...but that is for SME IPO... but this is mainboard and they never uploaded around 5 or even 6 for mainboard in the last 3-4 months since I started applying IPOs.
@Gnsarda It is recently listed. Fluctuations are normal in short term. Profit booking is going on currently before results (expected tomorrow). Check results of atleast one or two quarters and take call if one wants to hold or exit.
285.2. SONMAYA| Link| Bookmark|
May 28, 2024 5:40:46 PM
IPO Guru (1300+ Posts, 500+ Likes)
INDEGENE...PROMOTERS STAKE IT VERY SMALL ....BETTER TO BOOK WHATEVER PROFIT ONE GETS....PROMOTERS STAKE LESS THAN 50%.
285.3. Esparando| Link| Bookmark|
May 28, 2024 6:37:56 PM
Top Contributor (500+ Posts, 100+ Likes)
Promoter stake in Infosys is also less. Below 10% I guess. So basically, you need to check if the company is professionally managed...
Wait for the year end results to be released tomorrow to have an idea how it will move. I even saw a person claiming to be Ingedene employee in CG page saying company has good growth plans - not sure if its true or fake.
Dont judge any share in small time frame Decide first what who want to do with particular share
Long term investing in equity is very rewarding
285.6. Not Smart| Link| Bookmark|
May 28, 2024 8:06:31 PM
Top Contributor (400+ Posts, 200+ Likes)
A big Disappointment. Alloted 14 lots and was dreaming with Rs.300/ GMP.
285.7. Not Smart| Link| Bookmark|
May 28, 2024 8:11:53 PM
Top Contributor (400+ Posts, 200+ Likes)
@Chhote Lal Holding 14 lots with a huge disappointment of Rs.300/GMP. You have given a good input but waiting for 2 quaters is not comfortable for me to be frank.
@Clever Bull jab aadmi padha likha hi nai hoga to life me scam hi honge sab k sath thode paiso k liye vote bech dete he log ye zindagi ki soche bina in logo ko education do fir scam kisi k sath nai hoga abhi live ex. he rajkot me TRP me jo aag lagi vo kyu lagi bcz chand logone paise kha k permission de di kisi ki life ka nai socha . agar education hota to development bhi apne aap acha hota bhai stock market me tu paisa kamata hena us se pehle so bar vo company kya karti he uska gyan leta he aise hi nai dal deta
@Ultrashine Holdings Feel so much sorry to know your zero allotment status.. With so much higher applications.. Some thing is definitely wrong in bigshare allotment procedure..!! All the best for future ipo's..!!
279.8. Esparando| Link| Bookmark|
May 30, 2024 2:51:08 AM
Top Contributor (500+ Posts, 100+ Likes)
That's really bad but nothing to worry for sure,..because luck has to even out at some point...so very soon you could be hitting jackpot.
From 7/14 in JNK, I went to 0/18 in Indegene. When I look at them separately, it really questions the concept of probability (if its for real). But when I look at both combined, it kind of matches with the over all probability.
@Ultrashine Holdings@Esparando How do you guys manage so many accounts? Recently, I have acquired 5 accounts but I am not sure about what percentage of profit and what percentage of tax should I give to the account holders, provided accounts are used only for IPO and all allotted ones are sold in short term. Kindly guide. Thanks.
@KshiYO You have to pay 15.6% tax and 20%-30% profit sharing(it depends on u)
279.12. Esparando| Link| Bookmark|
May 30, 2024 11:30:24 AM
Top Contributor (500+ Posts, 100+ Likes)
Additionally I want to add that..
There will be a surcharge of 10% if your taxable income is above 50 lakhs. Example: If your taxable income from salary is 45 lakhs and if your tax on this income is 10 lakhs, now if your capital gains is 6 lakhs then this 6 lakhs will be added to your 45 lakhs taxable salary income.
Since total taxable income is 51 lakhs, you will have to pay 10% surwhich is 10 lakhs in your case) which would come around 1 lakh rupees.
I checked this with auditor and also online and this is correct information.
You can check as well how surcharge works and let me know if you find anything different.
@Esparando Yes sir you are right. We have to pay surcharge also if we make more money. Surcharge also changes with income. I am attaching slab rate pic for surcharge