150.1. Paymzia| Link| Bookmark|
December 2, 2020 1:16:20 PM
IPO Guru (2400+ Posts, 4500+ Likes)
It is established in 2014 november , it is a restaurant , to take break even it will take time . Good company bright future , good valuations , 10% only for Retail category , that's why applying .
150.2. Scrip| Link| Bookmark|
December 2, 2020 1:22:25 PM
Top Contributor (400+ Posts, 200+ Likes)
It is oversubscribed because these fast food joints are future and u can expect it to move like one of their competitors i.e. Jubilant (Domino's) and Westlife Dev. (McD) Loss making company because they are new and they make huge investment at the starting to capture major urban cities and they come to profit gradually.
Answer is simple if you are eating burger in Burger King apply and if you make and eat burger in home ignore.
149. R R Patel| Link| Bookmark|
December 2, 2020 1:15:34 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Burger king IPO: High growth potential stock although cont. posting loss due to full expansion of business.... Fully priced as market @ATH.... but fency listing... demand.... so... Small issue and only 10% reserved (54K lots) for retail so tough chances of allotment but try your luck and apply single lot per application at cutoff price online. i am applying for listing gain.....
Their are more shares available in HNI category hence chance for allotment is higher. Pay attention to who is the registrar of the company. They always like investors who hold shares for long time based on PAN Number. I don't know exactly what method goes behind the scene but that is what is my personal observation.
Retail might hit 600 X. Its a true lottery. If it lists at double, is the price justifiable? My gut feeling is it will be available at 80 odd rupees in a week.
146.1. arunARUN| Link| Bookmark|
December 2, 2020 12:58:24 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Retail oversubscribing 600 times unlikely. It would mean approximately 3 crore applications. We dont have that many active demat accounts
Despite SBI not working. Very less chance of getting allotment. Wouldn't buy from 2ry market, there are many ifs and buts for buying on premium from 2ndry market and holding for long. If anyone get allotment, book profit and get out soon. The burger will get cold soon and may even taste stale.
Retail quota only 10% and it has its own impact on the subscription figure. Within 3 hours retail quota subscribed 7 times. This is when the IPO asba is not working well on SBI net banking. It's going to be block buster response to this IPO by retail investors. But allotment will be pure luck and thru lottery.
Why the real-time subscription figures are not shown today on this page ? Everytime, for an IPO, there is a table showing the real-time subscription figures for HNI, Retail, QIB etc.... For this IPO that is missing. Why ?
137.1. Paymzia| Link| Bookmark|
December 2, 2020 10:17:24 AM
IPO Guru (2400+ Posts, 4500+ Likes)
Showing 10 minutes delay check it out
137.2. P Patel| Link| Bookmark|
December 2, 2020 10:17:32 AM
IPO Mentor (900+ Posts, 900+ Likes)
Subscribe to Burger King India: Mehta Equities https://www.moneycontrol.com/news/business/stocks/subscribe-to-burger-king-india-mehta-equities-6176071.html
135. Manup| Link| Bookmark|
December 2, 2020 9:19:46 AM
Top Contributor (400+ Posts, 200+ Likes)
Is anyone facing problem while applying through bobnetbanking This IPO not shown there
Sundaram MF, Steinberg India Emerging Opportunities Fund, ICICI Prudential, Samsung India Securities, Nippon Life, Fidelity Funds, Government of Singapore, Eastspring Investments India, Aditya Birla Sun Life Trustee, Elara India Opportunities Fund, IDFC MF, SBI MF, Monetary Authority of Singapore, HDFC MF and Amansa Holdings among those investors participated in anchor book.
133.1. Chem cho| Link| Bookmark|
December 2, 2020 8:33:15 AM
IPO Guru (2500+ Posts, 2700+ Likes)
I like the fund partipation looks good for me HDFC MF SBI MF IDFC MF ICICI PRU NIPPON LIFE