Blue Jet Healthcare Limited IPO Message Board (Page 15)

I want to cancel my BHNI application. Is an other retail application may be the best option for cancelation bhni application?

​@Kalpana Yes, another retail application from same account is the best option to cancel both applications..make them both invalid..

Apply another application for same name/PAN number, both applications will be cancelled

Their no-proof application would rejected...undersubscribed ipo ...

https://www.chittorgarh.com/faq/can_i_apply_in_an_ipo_through_multiple_application/45/#:~:text=No%2C%20one%20person%20cannot%20apply,your%20application%20will%20be%20rejected.

Why are in hurry? is not cancelled application bhni and 1 retail application both successfully alloted....

Who is stopping us to apply in this ipo.
Company (bad) or
Market condition ( sentiment is down).

Among the recently listed stocks, the following stocks are found staying their ground and not losing much and also bouncing back smartly.
1. VPRPL
2. JLHL
3. R R Kabel
4. EMS
5. JSW Infra
I am holding some quantity of all these at NIL cost after selling a portion of the allotted shares and got back the Principal.

does not look worth to apply just for listing gains
falling GMP

Off topic but important for me📝📝📝

If I invest above 10 lakh in stock in one financial year than any audit by income tex department????????

Please help.....

Simple answer is no if you pay applicable tax on the gains

Invest 1 crore also, it won't be a problem.

GMP ⬇️ 10 rs only

इसकी भी अंतिम यात्रा निकलने वाली है ll

​@Vimal Garodia भाई कल 1 बजे तक और इंतजार कर लो, फिर विड्रॉल कर लेना अगर आप ने मन बना ही लिया तो फिर कर लो ll

​@RAJ ARYA Really appreciate the advice, but made up my mind already..🙏🙏

In Aeroflex IPO, my BHNI application was automatically converted to max Retail application. On this forum, I got to know that this has happened with other investors as well in SBI. I raised a complaint with the bank tagging sebi and registrar. I received mails and several calls from SBI.
Yesterday I received Rs 7,144.67 as compensation. I hope others would have received as well.
Lesson learnt: Always raise your voice if there is something wrong.

I guess it was SHNI (not BHNI) that was converted to retail.

​@diwan kapoor ji I am not sure, I was also surprised when I received the credit SMS, I am hopeful that others will also receive it soon as it was a widespread issue.
@StarGarage ji, yeah it was weird. When I applied it was successful but later the amount was unblocked and another bid was placed. You can see a lot of SBI discussions on the Aeroflex IPO page.

Is there any listing gain in blue jet ipo? Of shall I withdraw application?

withdraw all application until the market reverse
as per my opinion

Avoid
Not for listing gain
Good for long term

Diwali Sale is live
Keep your fav mid-small cap stocks in radar and start buying in instalments when you feel valuation attractive.

Prefer to wait till listing and then take call

Listing of IRM will cast it's shadow on this ipo.

One aspect has been irking me about this IPO. That MPS (promoter holding below 75%) requirement is not being met even after IPO.

Agreed, it would have almost doubled the issue size, but why couldn't the management have placed it privately pre IPO? That could have been a tremendous confidence builder for public. I don't recall any private sector company not meeting this requirement in recent past post IPO. Now post IPO, what if it goes to discount? Will balance 11% be offloaded/privately placed at discount to IPO then?

Have they mentioned anything about it in the prospectus?

3 years is maximum limit upto which you have to dilute stake. So a pretty ample time. Coming to your question, watching the management in videos by zee,cnbc, the are planning capex by diluting the additional stake. And i dont think so we can predict that it will be discount to current prices. It really depends upon how the business grows in 1-2 years.
So company is pretty much held privately from past 50 years, they have funded all the capex by internal accruals, so high chances that they will bring a strategic investor for this additional stake. Pls feel free to correct me if im wrong.

The 3 year period applies, so time is one factor they considered. They are coming in with a niche segment that involves innovation, and as its evident that technology will catch up more in the pharmaceutical industry, putting in capex at the right juncture with the right set of tools is of high desirability. Medtech is one future option they look to build up into and are confident about in their company operations. Also the recent rules for Minimum Shareholding after modification have brought up more options to maintain that 25% like ESOP, ETF, alongwith existing QIP, Bonus, Rights issue. Open market sale is open as well for promoters so if the business or the particular segment performs well going ahead, thats a plus for the promoters. On the other hand, if it gets discounted the prospective investor has an opportunity to buy at reduced valuations, although there are risks attached to it but assuming all else remains equal. Being export oriented, and concentrated with blue chip foreign partners, the private placement might very well help them to attain the Top spot in CMI industry rather than being one of top CMI players. This is my view. Comments are welcome.

Ask automative
Tentative dates 9 to 11 nov
Size 900 cr

ASK Automotive - 850-950 cr Motisons Jewellers - 150 cr

to be announced soon

JSW 4+ up.

In my opinion Tata Technologies and others (except Proteon) will not go ahead with their IPO/OFS issues. Their main interest is in OFS only and they want to maximize their returns. With the market taking a hit everyday, they will eait for better times to lure investors again.

GMP : 34-36 ( New Low )

32-35

Crow Verdict: At first look, Blue Jet Healthcare looked like a troubled business with a focus on saccharin salts (artificial sweeteners). But it's only a quarter of its business, as it focuses more on contrast media intermediates (CMI), critical ingredients (a la API) in diagnostics. If you're like me, you should be in love with healthcare, API, and diagnostics stocks, especially in India where 65% adults do not exercise and are bound to get NCDs. We're looking at an age where healthcare stocks will zoom. And no doubt, a niche player like Blue Jet will manage to dip its beak in the flowing gold too. It's "the" leader in the CMI segment in India and is the largest exporter, though the latter irritates me a little because EU (it's largest market) can be unreliable. Still, the stable business gives me hope against the pure OFS, falling GMP, jittery market, and full valuations. I see at least a 15% pop. Apply but faint-hearted investors who worry about market's volatility can stay away from all IPOs till January.

Crow's skin in the game: 3 retail applications.

Crow's last APPLY recommendation: Plaza Wires (41% listing pop and currently up 118% at upper circuit).

Note: I couldn't read Capital Market's 37-rating review to understand its rationale. If you can, do take a look.

They probably have to venture into hospitals for that.

Indirectly they are into HealthCare

​@Ipoaspire​@PKRAJ @Eagleye  Are you applying for this ipo?

​@G profit By this time you might have felt that there is no need to apply in this IPO. In all respect nothing is looking on favorable side.
First of all the subscription figures not at all comfortable, so the GMP.
All factors, AVOID for me. Maximum members are of the same opinion.
Have a nice time.

Thanks @PKRAJ for your valuable suggestion . As you told, not in mood to apply for this ipo. Instead concentrating on good sme ipos