77.1. CL BASSI| Link| Bookmark|
June 23, 2023 2:31:54 PM
Top Contributor (300+ Posts, 100+ Likes)
Letest GMP ?
76. PLAZA| Link| Bookmark|
June 22, 2023 10:44:17 PM
IPO Guru (1900+ Posts, 1200+ Likes)
अछा हुआ नहीं apply किया
76.1. PLAZA| Link| Bookmark|
June 25, 2023 8:21:32 PM
IPO Guru (1900+ Posts, 1200+ Likes)
It is noticed from current activity in SME that Once issue subscribed grey activity either suddenly stopped or in southward direction till allotment and thereafter God knows...
75. M Gupta| Link| Bookmark|
June 22, 2023 10:17:43 PM
IPO Guru (1000+ Posts, 3100+ Likes)
I've observed the same thing, whatever IPO'S are promoted by him I usually don't keep open. Have seen it multiple times USK, Auro, Spectrum and few more.
@Madan Lal Garg, Sir I also have 2 lots @52 , pharma started doing well and with latest 6 Month results...it will cross 71 for sure . My gut feeling says with in 3-4 months time
68.1. Trueinfo| Link| Bookmark|
June 20, 2023 5:22:17 PM
IPO Guru (1800+ Posts, 1700+ Likes)
@MAMU brother, let me explain. For ease, let's take round figures HNI 4× and retail 8× . Say there are 1200 shares. Initial allocation was 50% to each, say 600 each. Now, since HNI is less subscribed than retail, so to have retail chances of allocation not less than HNI, shares will be reallocated in the ratio of subscription by transferring some shares to retail from HNI. New ratio of allocation will be 4: 8 between HNI and retail, meaning 400 shares for HNI and 800 shares for retail. In effect 200 shares out of 600 shares (1/3rd) of HNI's initial allocation will go to retail. Hope, it clarifies.
68.2. MAMU| Link| Bookmark|
June 20, 2023 6:30:44 PM
IPO Guru (1700+ Posts, 1100+ Likes)
@Trueinfo Thank you for accuracy Means 1 LOT ALLOCATION OF HNI OUT OF 4 LOT APPLIED & 1 LOT ALLOCATION OF RETAIL OUT OF 5.5
68.3. Trueinfo| Link| Bookmark|
June 20, 2023 6:31:08 PM
IPO Guru (1800+ Posts, 1700+ Likes)
No sir. Since I said, chances are made equal for both retail and HNI, so go by average or toal subscription. Here it's 6× . So allotment chances for both will be 1/6 for HNI and retail. Anyone HNI with 6 lots will get 1 lot alloted.
68.4. Trueinfo| Link| Bookmark|
June 20, 2023 6:44:00 PM
IPO Guru (1800+ Posts, 1700+ Likes)
To understand that in the context of above example, HNI 4× means 600×4 = 2400 shares applied. Retail 8× means 600×8= 4800 shares applied. Now, after reallocation HNI portion reduces to 400 (600-200) and retail portion goes up to 800 (600+200). The ratio of HNI will be shares available divided by shares applied I.e. 400÷2400=1/6. Similarly Retail ratio will be 800÷4800= 1/6. Both equal to average or total combined subscription.
68.5. MAMU| Link| Bookmark|
June 20, 2023 6:51:58 PM
IPO Guru (1700+ Posts, 1100+ Likes)
@Trueinfo THANK YOU FOR THE PROMPT RESPONSE. PERFECTLY DESCRIBED. VERY HELPFUL TO ALL SPECIALLY WHO DON'T KNOW LIKE ME. Have a good day sir. 🎉
@ Trueinfo - I dont think this is the correct calculation because in past every time I have been allotted more lots than the Proportion, like I have applied for 9 lots in this IPO, and according to me, I will get at least 2 lots for sure. Pls correct me if I am wrong.
68.8. MAMU| Link| Bookmark|
June 20, 2023 7:40:54 PM
IPO Guru (1700+ Posts, 1100+ Likes)
@DINESH KR May be it was not fix price ipo that's why.
68.9. Trueinfo| Link| Bookmark|
June 20, 2023 8:37:29 PM
IPO Guru (1800+ Posts, 1700+ Likes)
@DINESH KR, @Mamu has said it right. You may still get 2 lots, but not confirmed. One confirmed and second one with lottery. Ratio will be 1/6, of course subject to rejections.
@Sanchit Jain just read few days back that two wheelers sales saw a record high in May-23. Higher two wheelers sales also means higher sales of associated auto products like tyre tubes that Viaz deals in. In my view, it’ll bounce back strongly as soon as it either shares any news in the upcoming days or publishes its half yearly results (likely Oct-23). Till then patience will be the key.
In terms of corporate governance, this IPO should be avoided. Debts continue to climb. There are certain legal proceedings pending against promoters. The books also include contingent liabilities that may escalate. No doubt PAT is doing well. Over all avoid. But my views only. More members are against applying. Better not to compare with Jay Jalaram. By this time there is no chance to apply.
65.1. PLAZA| Link| Bookmark|
June 21, 2023 7:27:14 AM
IPO Guru (1900+ Posts, 1200+ Likes)
Yes Due to much lower participation and financial data we just skipped the issue
64. Trueinfo| Link| Bookmark|
June 20, 2023 2:47:52 PM
IPO Guru (1800+ Posts, 1700+ Likes)
Too many negatives. Strong possibility of discount listing.