As per moneycontrol.com the IPO price band is 424-428 and minimum lot size is 35. http://www.moneycontrol.com/stocks/pickoftheweek/equityreportfinal.php?eqid=CS17
Hi. I am new to IPO. i applied for Salasar IPO. But I din''t get any allotment. Please suggest, when and how should i place the request to get the allotment. It there any criteria should I meet to get the allotment. Please clarify.
hello koi meri help kar sakta he kya..... me cochin shipyard me 20 application karne wala hu... to muje kostak me bech deni chahiye ya na bechu... 20 mese kitni allotment mil sakti he ?
Please anybody clear my doubt. I just got my demat ac so my queries are : Maximum no. of application can be applied by 1 demat ac. for IPO ? Or only 1 application can be applied by a single demat ac. ? thanks
There is no bar in applying.You can apply many times or more than once from multiple banks. But you will be helping other applicants because all your applications will get rejected.
One application for one PAN number. You take your call now.
Reasons to Subscribe: Co’s top customers include the Indian Navy and the Indian Coast Guard. These top two customers together accounted for 82.43%, 89.92% and 84.57% of co’s revenue from operations in Fiscals 2015, 2016 and 2017, respectively. As of March 31, 2017, co’s shipbuilding order book position in terms of revenue to be recognised in future is Rs 2936 Cr . As of March 31, 2017, the ship repair order book position in terms of revenue to be recognised in future (only orders where value of outstanding order is greater than Rs 50.00 million) is Rs 3,698.32 million. Co have received the ship repair orders (greater than Rs 50.00 million) after March 31, 2017 aggregating to Rs 333.41 million from its key clients. Valuation At price of Rs 424-432/share, co is bringing the issue at p/e multi-ple of 18.88 on post issue FY17 eps of Rs 22.89. With decent fundamentals, co’s valuation look reasonable at cur-rent level. Hence we recommend “Subscribe†on issue. Subscribe to Cochin Shipyard: HEM Securities
Select Retail / Individual category (whatever is mentioned in the list), then put no. of shares as 30 (or multiple of 30 like 60. 90, 120 etc) and finally click cut-off in price. The price would automatically be taken down as 411 and 12330 will be blocked (if 30 shares are applied for)
The prospect of shipbuilding industry is expected to remain weak in the short and medium term. Therefore, the Government of India is boosting the sector by allowing public to buy stake in such shipbuilding companies. The supply of commercial vessels has exceeded demand, which has affected the order books of private shipbuilding companies. The company''s performance has been better as compared to its peers due to exposure to resilient defence sector. It has a strong order book, which would increase the revenue realisation once the orders are executed. Debt component is relatively low and it is maintaining high liquidity. As the major requirement comes from defence sector, that is, from Indian Navy for shipbuilding, the company''s operations would run smoothly with continuous strong order book. We recommend investors to SUBSCRIBE for the IPO to reap long term benefits and high divided yield. The stock can be added to give stability to the portfolio. -DSIJ