210.1. ipostonks| Link| Bookmark|
July 9, 2021 3:50:36 PM
Top Contributor (200+ Posts, 200+ Likes)
@sonal Mam you are very excited. But it is not possible anyhow from the start. Two ipo are there and fund will get distributed in both of them. 250+ means total application size of approx 60k crores (highly unlikely) if we have a good IPO simultaneously. I previously commented too max it will get subscribed is less tha 200x
199. lokes| Link| Bookmark|
July 8, 2021 2:39:46 PM
IPO Guru (4400+ Posts, 5100+ Likes)
hi...i have two demat account and can apply for 170 lots and 200 lots from 2 different bank accounts....so suggest me which 2 hni application can be put with this amount to get max benifit ? cant transfer amount in one bank account and merge funds..so dont suggest that... eagle eye suggesting 250x in HNI in both ipo''s....
170 lot in GR and 200 lot in clean science and one retail application in both ? 170 in clean science and 200 in GR and one retail application in both ? 170 lot and 200 lot , both in GR and 2 retail application in clean science? 170 lot and 200 lot , both in clean science and 2 retail application in GR?
199.1. DuckEye| Link| Bookmark|
July 8, 2021 3:52:31 PM
Top Contributor (200+ Posts, 200+ Likes)
If i were you, i would have choosed 1st option, assuming retail application is applied crossed. I mean, Account 1 - 170lot in GR and 1 retail lot in clean science Account 2 - 200lot in clean science and 1 retail lot in GR
199.2. P Patel| Link| Bookmark|
July 8, 2021 4:57:45 PM
IPO Mentor (900+ Posts, 900+ Likes)
@lokesh - whichever company you select for HNI, suggest to apply with odd lots ie. 169 and 199 lots instead of 170 and 200
199.3. sdz| Link| Bookmark|
July 8, 2021 5:17:27 PM
IPO Guru (1000+ Posts, 500+ Likes)
Only risk that i see in all your 4 options is that all 4 applications will go to lottery (though NII ones with higher probabilities) if both IPOs get oversubscribed by more than 200x even after putting 53lk+ fund to use
199.4. jstm| Link| Bookmark|
July 8, 2021 9:01:29 PM
IPO Guru (1300+ Posts, 3200+ Likes)
Do add to lokes question, if I can apply for 360 lots, should I apply in NII for only one company with full force or divide 200 & 160 between two? And if one company which one Clean Sc. & GR Infra ?
199.6. lokes| Link| Bookmark|
July 9, 2021 12:02:49 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@avenue: if you can apply for all 360 lots together, then better to apply all in CST ipo so that you can get surely one lot....and apply in retail in GR infra....CST will have better listing gains than GR and also will be much better in long run than GR infra....if you split 200 and 160 in both then chances may be you wont get in any....
199.7. lokes| Link| Bookmark|
July 9, 2021 2:33:44 PM
IPO Guru (4400+ Posts, 5100+ Likes)
finally applying as below after moving some funds from one account to other : 133 hni lots in GR infra and 1 retail lot in CST from one application 253 hni lots in CST and 1 retail lot in GR infra from other application... i want atleast one lot in CST out of four....
198. Kishore S| Link| Bookmark|
July 9, 2021 2:06:56 PM
Top Contributor (200+ Posts, 100+ Likes)
QIB demand indicates this is a better ipo. Now a days, GMP is not trustable. I am applying in this with full force
Off the track.. GoI has announced OFS of 4.0% stake in NMDC (Green Shoe Option for additional 3.49%) at a floor price of INR165/sh. We see this as a good buying opportunity as the floor price implies only 3x FY22 EV/EBITDA (for core iron ore business) and a strong 14% dividend yield.
Investment thesis: Beneficiary of high iron ore prices: NMDC is a direct play on strong iron ore prices. Iron ore prices are at an all-time high which should drive strong margins, despite imposition of 22.5% additional royalty (premium) on sales. In FY22, we estimate EBITDA to grow 77% YoY to INR156b – largely led by higher prices. Volume growth outlook positive: We also expect volume growth to be strong at 14% CAGR to 43mt over FY21-23E aided by restart of Donimalai mines and ramp-up in Chhattisgarh. While non-renewal of export tax subsidy would impact exports severely, NMDC is well placed to grow volumes in the domestic market as demand-supply situation is tight. Steel plant divestment to create value: The steel plant de-merger process is guided to complete by Dec’21, which should lead to value unlocking as market is not ascribing any value to it currently. NMDC has invested ~INR180b in the steel plant and we expect market valuation at 25% of book value i.e. INR45b. Management has guided the plant to commission by 3QFY22. Valuation: We value the stock at INR215/share on SOTP – iron ore business at 5.0x FY23e EV/EBITDA and steel plant at ~25% of book value.
Madam, I have submitted a bid @165.80. Waiting for the results. Hoping to be positive. Thank you very much for your kindness in sharing your views n guidance/ suggestions.
Madam, I am unable to arrive at the allotted price due to non availability of particulars in my trading account of SBI SMART. Please enlighten me whether it is Rs.165.50 or my bid price of Rs.165.80. Though the difference is not remarkable, my academic interest is warranting me to pray for clarification. Thank you very much for your kindness in sharing your views from time to time.