@lokes, Thanks, I have applied Cargosol earlier and focusing my last application for Lloyds. When I applied it was less than 10x. (i thought of it may go around 20x), only saw after closing time it went way above. Any way, happy to get one firm lot.
All the best for you to get one lot. (to me, this is better than Cargotrans Maritime)
All the best MRavi and Lokes, I also didn't expect the last moment spike otherwise I could have applied more in silicon and retail over here. Applied 10 lots in Cargosol and 3 lots in Silicon.
45.6. Abhii VPG| Link| Bookmark|
October 1, 2022 11:14:24 AM
IPO Mentor (900+ Posts, 300+ Likes)
Applied 7 retail here.. @MRavi sir asked you on 29th sep on Varanium page as I was confused why people were rushing for Cargotrans and not Cargosol! Just needed some confidence to apply 3-5 more lots.
looking at the GMP and Subject too wasnt expecting such good numbers for NII... almost 3.22 times of the retail... which looks like good demand among HNI for cargosol... now lets see the demand on listing day too...
44. Aman Ipo| Link| Bookmark|
September 30, 2022 8:58:09 PM
Top Contributor (400+ Posts, 200+ Likes)
Applied for 49 lots. Earlier decided to go for 62 lots, but seeing only 14× subscription till 2:45, decided to go for only 49 so that some funds can be utilised in Frog. But seeing subscription reach 84× in the end, the decision could prove costly as I could end up getting none because of being greedy and saving some money for frog. Would have been better to go FF on this one and apply 62 lots for better chances.
too late.. looking at cold reponses for today's last day IPOs, applied only 10. could have gone upto 50. but can not modify now, it need to accepted 1st in ASBA.
Hello experts, I have funds remaining for 3 lots, should I apply all in HNI or 3 retail applications? Based on the BoA of recent SME's, the probability seems always better in retail than HNI if HNI OS is higher than retail, but can someone confirm?
Thanks in advance!
40.1. Nilaykumar| Link| Bookmark|
September 30, 2022 4:47:56 PM
IPO Guru (1100+ Posts, 500+ Likes)
There is no GMP in market , means not much buyers interested, means kuch na kuch GADBAD to hai.
39.3. Aman Ipo| Link| Bookmark|
September 30, 2022 7:49:00 AM
Top Contributor (400+ Posts, 200+ Likes)
But as I clearly remember there was no GMP for sabar flex as well until the last evening date of application and only when time was over to apply for that IPO the Gmp started. So could it also be a part of the plan by operators to not have any GMP for this ipo so that the oversubscription is not that high ( Given so many issues are open, people will tend to apply where GMP is high as funds are limited). I am asking because I have capacity to apply 60 lots in HNI and I have only applied in retail in rest of the issues as I was looking to target Cargosol. Would it be advisable to stick to this strategy or Frog Cellsat would be a better option?
GMP is set by market forces..........not by OPERATOR only and there is no OPERATOR so strong that can control GMP too. As everyone said STEELMAN was bad IPO with high valuation but I kept telling that it will be "DARK HORSE", bcz its cornered by few people (See QIB), so they don't want to sell their stack in losses and they will bring it up to certain level, as QIB are big institutions and they have such ability to move price.
Anyway, Invest with caution, what looks bad on paper turns good and what looks good on paper turns bad.
SME books can be altered, as if someone want to sell their 0.15/per share to Inr20 /40/100 price........they can pay more taxes and alter valuation of company. So don't trust those books.
See subscription figure, if there is not much demand......better stay away and invest in it lightly.
39.5. Nilaykumar| Link| Bookmark|
September 30, 2022 4:46:39 PM
IPO Guru (1100+ Posts, 500+ Likes)
Dear Sr Members, I am putting in a HNI bid. How much is Cargosol expected to go, will it go at least 30x in HNI? Planning to get shares worth 10L max. Pls advise. Looking to skip Silicon now, given poor subscription so far, keeping rest of the funds for Frog.
Finally put an app of 250 lots, have kept the rest for Frog, hopefully that works. Still kicking myself for not putting everything into Insolation instead.
37. SONMAYA| Link| Bookmark|
September 30, 2022 3:51:29 PM
IPO Guru (1300+ Posts, 500+ Likes)
25000
36. abc xyz| Link| Bookmark|
September 30, 2022 3:42:29 PM
IPO Guru (1100+ Posts, 1100+ Likes)
The comparison between Cargotrans & Cargosol Cargotrans Cargosol turnover: 89 200 NP 2.36 5.53 Price 45 28 OS 148 45 Now decide which is the best without thinking the GMP & Oversubscription figure.
Applied 10 Lot here, skipped remaining three for better chances here.
Kept fund for 1 lot in frog.
34.1. 🔥 MOG 🔥| Link| Bookmark|
September 30, 2022 3:31:47 PM
Top Contributor (400+ Posts, 200+ Likes)
Even i went with 10 and 13 lots HNI.....Its good to finally find a partner with similar lot size....hopefully more of us have same lot size to enter lottery
@lokes @avenue @ravu @ipobhakt @mravi @Noorul , all experts - There's no GMP / ST floating around. Please suggest if we should subscribe this IPO or not. Thanks.
33.1. lokes| Link| Bookmark|
September 30, 2022 2:30:10 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i have already applied here 3 retail application and one more HNI i may apply as per funds dividing in multiple ipos... from my view, its a apply regardless of GMP.....
There are only 675 lots in which the applicants will get the Successful allotment. It Means only & only 337 person will get the allotment. In view of this it's very very tough to get the lottery in this counter. Hence listing would be fantastic.
I applied in retail. Any one can see at first sight that numbers are altered. 2021 ka kuch profit / turnover kichkar .........2021 mai dikhaya hai. Itni to accounting ati hai.
29.3. Trueinfo| Link| Bookmark|
September 30, 2022 2:15:37 PM
IPO Guru (1800+ Posts, 1700+ Likes)
@ Hamsa, revenue figures are also good. Profit can probably be manipulated, but revenue may not be.