@mamu .. According to u.. Apply or not?? Any listing gain??
119.3. K.Atar| Link| Bookmark|
December 22, 2021 8:53:21 PM
IPO Guru (1000+ Posts, 700+ Likes)
A compromise could be made on GMP indicator front but so far the tepid response from the mkt for the ipo is asking me to go in wait and watch mode.
Surprised that though the co is almost leader in cash mgmt business, profit making, and has strong client base is yet to witness enthusiasm for it ipo.
May be on tomorrow they could talk to some big guys to make move
Since a strong response from the big guys is required to instill confidence in general public for the ipo.
@ Lokes sir I advised my friend to apply this ipo and he applied 1 lot. I am thinking to apply for 3 lots. Money unblocked from C E (mapping), Data patterns and medplus.
Confused to apply Supriya or not, night mare because of gls , so did not apply.
111.1. lokes| Link| Bookmark|
December 23, 2021 1:00:57 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@srikanth: i feel you can apply here in retail applications, no issues. Company is good, valuations at asking price range are attractive and even financials are growing and going forward too it will grow. Since market and other listings were not encouraging so it might have impact on this subscription but now gmp is increasing again for companies to be listed like MedPlus, data patterns and even rategain, mapmyindia recovered along with positive markets recently so I feel tomorrow qib/HNI may come here. Even if qib crosses 5x also, it''s a apply for me in retail. HNI application can be decided if QIB/HNI crossing 10-15 times. It may give listing gains between 5 to 15% or more as per market conditions and final subscription tomorrow, but discount listing chances are less. And even on discount listing in worst case , it should recover around/above issue price in some days/weeks.
111.2. lokes| Link| Bookmark|
December 23, 2021 1:05:03 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Even gls gave chance for exit above issue price on listing day and some days later also once, i sold one lot there on listing day above issue price and holded other where later i booked loss around 660 where it was hovering from long time and finally broke on lower side. I have applied in Supriya from all retail applications but chances for allotment are very very less in retail anyways.
110. Kiaan| Link| Bookmark|
December 22, 2021 10:30:33 PM
Top Contributor (500+ Posts, 200+ Likes)
I intended to apply in this IPO with full force in HNI. But as the GMP has crashed and almost disappeared , there being reportedly no demand. That program has now been shelved. I don''t wish to apply even in retail. Need to think properly , before deciding.
109. CSK| Link| Bookmark|
December 22, 2021 9:26:14 PM
Top Contributor (300+ Posts, 500+ Likes)
I will apply this issue. There closest Peer SIS trading around 26 PE levels CMS comes with 5.5PE level. Second, they hold a Big Chunk of Semi-urban areas almost 62% of the Markets covered. I remember last year most of them avoid Antony waste handling IPO but it list 40% from the List Price. Good Company I will apply.
109.1. CSK| Link| Bookmark|
December 22, 2021 9:38:03 PM
Top Contributor (300+ Posts, 500+ Likes)
Correction CMS PE is 16x...
109.2. mDelhi| Link| Bookmark|
December 22, 2021 9:46:16 PM
Top Contributor (200+ Posts, 100+ Likes)
A month or so ago someone here had mentioned the same about Spicejet. So I brought 1 share of SpiceJet for 83.6. Since then the stock has fell more than 21% to around 66 today :)
Thank you for the information; please give the dates of RHP also..
105.5. K.Atar| Link| Bookmark|
December 22, 2021 5:57:23 PM
IPO Guru (1000+ Posts, 700+ Likes)
@MP,
further to your post,
1) AW ipo - most likely to hit stock market by January 2022 or untill market sentiments improve. 2) J.K.Files ipo - DRHP filed and no further update whether its ok or in abeyance. 3) SBI MF ipo - Its just news floated untill now. DRHP hasn''t been filed yet, so we don''t know if someone who owns a share of SBI is eligible to participate as a shareholder or not.. Further - to general knowledge the SBI MF is a joint venture between SBI (63% stake) and AMUNDI (37% stake) Asset Management (Paris-based), so on this counter more detailed information is needed to make a move..
Gents,, Please be guided accordingly and do not make rash purchases, before acting upon any info shared by anyone please research on our own and check authenticity of the info. and then take appropriate action.