Ceigall India Limited IPO Message Board (Page 10)

Darr da poora poora mahool banya va market vich. :P

​@Heritage Wale kya kehte hai....

​@Chhote Lal @Eaglez Please share your views on this ipo to apply or avoid?

As i told earlier GMP of all ipo going crashed please don't go FF in current ipo there is so many share in secondary market after correction in market you can buy War, recession effect only for short term don't panic it's a part of market infact keep cash in your accounts to buy in correction.

Avoiding

Iran may attack Israel 'as early as tomorrow'; top US general in Middle East as fear of war intensifies !!
https://www.moneycontrol.com/news/world/iran-may-attack-israel-as-early-as-tomorrow-top-us-general-in-middle-east-as-fear-of-war-intensifies-12786463.html
Im planning to skip this IPO due to valuations concern raised by @newgen consultancy One of my Paid subscription Research House also gave Avoid Rating on the same valuations concern. Added to these valuation concerns, Israel & Iran war intensifying.
However, I have a question here. Though, QIB may subscribe tomorrow and on other side, some Retail investors may withdraw their application tomorrow based on market. but, as HNI quota oversubscribed by 3X times, I believe this issue sailed through 100%. In general, on what basis they revise/cancel the issue? I wish Merchant bankers leave something on the table for investors who are taking risk along with spending time, effort & money in every issue atleast after such kind of good cmpany issues just sailing thru due to only HNIs.

Its not working these days....... Exchange is rejecting only retail application... And accepting hni.... I got allotted in this type situation before in go digit , tunwal.

If a person put multiple application with the same pan card number, then its all application might be cancelled, but not necessary that it will.

Please note that it is not necessary that your all application will be cancelled. Rule says multiple applicaiton are not allowed, which means that registrar may consider one of the application (most probably the highest one, HNI) and cancel teh rest of the application.

It has happned at multiple ocassion with multiple people.

​@MuStrFc Apply FF here ? What are your thoughts ?

QIB numbers will also help.

Markets can recover/ become stable by the time this lists...

QIB numbers can help ramp up the subscription but whether or not they come up on listing is another thing. Good market mood will catalyst this

This is one of those that act as steady compounders with the kind of revenue and order book they have. Infra fancy favours SME EPC more and less for Mainboards in short and immediate term.

But if the Indian markets show negative signs then there opens a host of other opportunities as well.

So, not going FF in this one even though allotment would be relatively easy. Might try retail or SHNI at the last. @Jay Vagheshwari Maa

By seeing market condition i am confused to apply , so experts which will be a better choice to apply ceigall or ola (just for listing gains )

​@Ipo is coming If the market conditions persits then both will list almost flat, but, i am just a bit in favour of Ola..

Chances are that both will list flat or in the worst case, on discount as well.
better to be Cautious at this time.

Does canara bank allow minor account to appky for IPO through ASBA ?
thanks in advance

Here is info from DARWIJ (AI application) :
As of my last update, Canara Bank allows minors to apply for Initial Public Offerings (IPOs) through the ASBA (Applications Supported by Blocked Amount) facility. However, specific rules and regulations may vary, so it is advisable to directly contact Canara Bank or visit their official website to confirm the latest information on whether minor accounts are eligible to apply for IPOs through ASBA with Canara Bank.

Need Experts Help on Using Axis Bank Sweep In FD- Can i use Axis Bank Sweep In FD for ASBA IPO application without breaking FD till the allocation. Whether the Sweep In FD can be used to mark lien for IPO application or it will break immediately after placing the IPO application.

Thanks Mr Ashish and Mr Ravi, Does kotak Bank Linked FD work for IPO application without breaking FD. Else which other banks I can apraiach.

​@Kishore G ICICI, YES and KOTAK bank has this facility..
I personally use ICICI bank..

Current GMP is Rs 53, hope it will list more than this, Infra will have better scope in the near future,

​@Anshujii Thanks sir 🙏

Fundamentally, not a bad company. But after poor election results, not a populist budget and global recession, it will all come to the upcoming IPOs to bear all the burden of red listing.

I would recommend, only invest the money, which you consider is extra (remained after your savings, expenses, etc). It is time to be cautious for 3-6 months in market in all segments.

​@Harsh Newguru: I dont challenge the expert on valuation remark, but again, I will reiterate what told to @Chhote Lal, this has not made much sense since long in IPOs. Yes, we can discuss about it now, when we are bearish on market based on global recession, but valuation is not something people have considered since long now for IPOs. Everybody applies for listing gain and forget the share next day of listing.

Gift nifty down 370 points. Save your cash after market falls more and then buy. Whatever has happened has happened. Hold onto your cash .Even NCDs are crashing ten percent and recovering.gold prices increased in us.

GMP is down to 45? 11 % roughly. Is it still an attractive candidate to apply? Or one can expect to get it at lower price down the line?

Can Anyone Help Me.
Whether Axis Bank Allows Sweep In FD for lien in ASBA IPO application. Can i use Sweep In Axis Bank FD for IPO application with out breaking the FD till allocation.
Thanks

​@ipobull @Jetha Lal @Noorul Hii all

GMP

11 - Ola - 14.5%
65 - Ceigall - 16%
105 - Firstcry - 22.5%
30 - Unicommerce - 28%
135 - Akum Drugs - 20%

Not tradable so dont copy paste

Isme bhni category me kitna subsribe hoga ...any chance of sure shot allotment in bhni category.....🙏🙏

I think max to max bhni appwise 2× what u think about it...soch raha hu ola chor du apply here in bhni ......

Unless markets crack again on Monday, I see bHNI subscription at not less than 40 times (which would be around 8 times effective).

Akum IPO money will be unblocked & also money from 5 SMEs, so lot of people will be waiting for the money to get unblocked to apply. So we should not be fooled by the current subscription data.

Has anyone ever used Karur Vysya Bank (kvb) for applying IPO through asba?
Does it has any similar facility like ICICI bank where we can apply for ipo through FD or any sweep in facility

Latest GMP

Ola Electric Mobility Limited 12.25
Ceigall India Limited 73
Akums Drugs and Pharmaceuticals Limited 141