Wow, what the hell. I came here to learn more abt this IPO. I was scared to death that applying this IPO will be grave mistake. So I barely applied for ONE Lot at floor price. Though I could have applied 6 full applications.
153. CLD| Link| Bookmark|
October 16, 2015 4:52:49 PM
Top Contributor (500+ Posts, 100+ Likes)
At 3.45 PM when QIB is through with bids, the following are the subscription
QIB 4.39 time ( they play with investors money ) HNI 0.50 times ( they play with own money & take decision carefully) Retail 0.79 times ( They follow the herd without much knowledge ) Employee 0.76 times ( They know the working & internals ) Total 1.76 times
See when company employees & HNI do not see it lucrative, then why should we take risk for a possibly a small, but not sure, gain.
All those applying in retail category are going to get 100 % allotment even if they have applied for full quota upto 2 Lakh
If your bid is below floor price>BID REJECTED else you will be allotted the lot at floor price. I think, though not sure floor price for retail will be 316.
Since retail lot is not fully subscribed cut off will be allotted at @ 316 rest will be allotted at price they have applied at that is my understanding QIB will be allowed at middle price which is 322
Septa,this is not govt ofs,if any retailers who bids at bellow 328 or price tobe decided within 2 days would be face rejection bid, applicable to all bidders qib,hni,retailers....no matters retailers quota undersubscribed ....hope you clarified now
thank u star ipo did not know that SEBI has different guideline for ofs and private booking building ..... however just based on contract law i think if retails not over subscribed then the promotors should first give share applied on retail section coz the offer price is 316- 328. anyway than for your info
l@ Star IPO looking at MEP allotment where QEB and HNI was over subscribed but retail was undersubscribed after reading MEP basis of allotment i think all will be RII will alloted at 316 a /ipo_basis_of_allotment/mep_infrastructure_ipo/467/
as I said earlier fundamental CCD is avoid however since I know personal know VGS on personal note and as I earlier informed the forum I have applied one application @ 316.... I normally put 7 applications
So does this mean that retail ppl will be allocated at different prices based on their subscription or all retail will be allocated at same price. For: Issue price fixed at 328. Person1 subscribed at 316 Person2 subscribed at 320 Person3 subscribed at 328
Actual once all application r in floor price is calculated so all applied at cut off will get those applied at or above the floor price will also allotted. Since this IPO is not fully subscribed at retail level till now my understanding the floor price is the lowest price which 316. However not sure if all we be allotted at 316 my understanding is that cut off price application will get at 316 and the rest will get at price they have applied.....
@septa....me too only 1 application....and only 2 lot......normally I apply in 4 applications......I was not applying....but just becaof brand name and promoter value I thought just apply for minimum I can
147. Chem cho| Link| Bookmark|
October 16, 2015 4:24:57 PM
IPO Guru (2600+ Posts, 2700+ Likes)
I ASKED YOU PEOPLE TO APPLY FOR LISTING GAINS , STILL IT IS TIME TO APPLY BY 18.00 HRS
Monty - retail already at 62%. We will see who is making fool of others on this forum. It will be more than fully subscribed. My guess is between 2 to 3 times.
I would hold on for a year atleast. Worst case, coffee segment will be sluggish topline growth but EBITDA margins will keep expanding. Plus they will reduce debt from IPO proceeds. All this implies that net margins will go up sharply. They just turned the corner in quarter 1 of FY16. When turnaround happens, profits go up exponentially. I would like to hold on and see this change in fundamentals.