Thanks mehul. still has issues my side. not released. Upi mandates always have some issues.
40.6. MehulStk| Link| Bookmark|
March 22, 2022 11:54:25 AM
Top Contributor (400+ Posts, 100+ Likes)
@ snipperRaj yes I guess its batter go with asba for SME IPOs
39. Learner SK| Link| Bookmark|
March 16, 2022 9:59:49 AM
Top Contributor (1000+ Posts, 200+ Likes)
I applied through edelweiss guest ipo and got upi mandate yesterday. Even though the message said that I need to accept on or before 5 pm on 15-3-2022, normally edelweiss accepts mandate before 12 noon on the next day. I was trying to accept the mandate now but could not. Has edelweiss changed the timing and strictly mandating to accept before 5 pm on the day of applicaiton?
No. I think they still are the same. I applied for one IPO on 11 March and successfully accepted UPI mandate on 13th night.
38. lokes| Link| Bookmark|
March 14, 2022 5:21:42 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i will be applying here for sure. Will try to get 1 lot in HNI application by applying as per approx subscription around 2.50pm. Since there are 2 more good sme ipo and money can't be divided in these so its tough to say how many will apply here and how much will be approx subscription.
Dear lokes, ipo analysis, lekker review waiting, and dinesh sir.. THANKSGIVING for give your review earlier..
38.3. sbipo| Link| Bookmark|
March 15, 2022 9:06:22 AM
Top Contributor (400+ Posts, 100+ Likes)
@lokes, As u rightly said,difficult to arrange funds for so many ipos,but would Cool Caps refund be available for NK? @nurool,@MRavi, R u people applying here also like lokes? Thanks
@lokes, Does in this the HNI quota will move to Retail since it is less subscribed compared to Retail?
38.11. lokes| Link| Bookmark|
March 15, 2022 6:31:03 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@dinesh: as per previous experiences, that rule of moving shares from HNI to retail, was mainly done in fixed price ipos, don't remember any case where it was done in book built (with price range) ipos also so i think it may not happen here but not sure, lets check after allotment here. you can read my comment no. 21 in below post. https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1211&c=491545&ap=0
@dinesh @lokes there wil not b any change in qouta since it is book building process,also NPST which had the same registrar and LM with book building process basis of allotment quota was 50 :50 for RII And HNI so u can calculate your allotment accordingly
38.13. eVA| Link| Bookmark|
March 15, 2022 8:34:57 PM
IPO Guru (1300+ Posts, 2000+ Likes)
@God is Great Apply KN Agri Resources, if allotted hold for 2-3 weeks. Swaraj Suiting, apply for listing gain. I have already applied for retail applications in the above two. HNI application will apply to anyone only as per the last-day subscription.
not looking & applying in any other SME IPO, the rest comes as March Qtr is ending.
38.14. K.Atar| Link| Bookmark|
March 15, 2022 9:44:15 PM
IPO Guru (1000+ Posts, 700+ Likes)
@eVA Thanks a ton for such a sensible and authentic reply, appreciate the response.
38.15. God is Great| Link| Bookmark|
March 16, 2022 11:41:34 AM
Top Contributor (300+ Posts, 200+ Likes)
Thanks dear eva.. Again thanks for give thanks for early guidance for sme ipo.. Because in this plateform most of people say after sme ipo closed.
as per RHP SECTION VII – LEGAL AND OTHER INFORMATION, this company promoter and promoter group of companies had received lots of notices from IT about tax defaults, the amount involved is also big.
High debt to equity ratio, WB company never gives confidence for the long term.
SP Refractories finances are far better than this.
Hence not applied. all the best who has applied.
Dilip davda sir nowadays about SME if PE is less than 10 then May apply, IF PE is above 10 then apply. Sorry but Chittorgarh need to find new reviewer. lots of his recent avoids gives good returns in listing.
Sorry to say but posting negative msgs post completion of subs doesnt help any audience. I assume you didn't invested. And It just reflect you want to create negativity and let it fall post listing. Though every one is free to share and influence others with positive and negative msgs, but its not fair and if you didnt apply, you let spread negativity post subs finished.
@Spock... what is your purpose of sharing RHP SECTION VII – LEGAL AND OTHER INFORMATION at 4:46 pm on the last day after subscription is locked. Please don't mind but It would have been a good debatable topic at the start or during IPO application days. Now is the time to go through RHP of other current IPOs.
@Spock: Agree with Avenue and snipperRaj. Revealing some negative details about any company post completion may create panic who ever has applied and result in panic selling on listing date. You are free entitled to tell your views, but it would have been good if you have done during IPO. thanks.
@Spock There is no point in sharing negative news after subscription is closed better to share during the proceedings.. This will simply add the selling pressure if one blindly follow.
@ spock. Chill men.. you need to calm down. I mean seriously no need to post such messages back to back and that also after the completing of issue process. Its of no use for anybody. Those who willing to apply already did. And one more thing finding a negative points in rhp of any sme is not a hard nut to crack. One can go through the previous sme ipos pages.. you will find negative comments from few members.. sometime me too.. but that doesn't impact the fate of that particular script.. you can find the negative points mention by few members even in nupur, vivo, kotyark and many others.. but how they perform .. no body dare to raise a point again. Latest example is Shigan where people had moking the new Jersey as a country. Now we r counting the upper circuits shigan hitting. Mahadaov came with a pe of 33.. and had hit non stop upper circuits. Ekeniss also don't hve any strong business fundamentally.
Truth is there is no such pe , book value bla bla things matter in sme .. its mostly the company and the operators game. Sometime Company itself purchase the shares at higher value after listing to maintain the image and get loans from valuation basis. You are smart enough to understand all this and may b already knew it.
Thanks "Spock" for sharing additional information about the company. It will help in taking a call about transacting IPO allotted shares and also transacting in secondary market. Even if SME IPOs are mostly controlled by operators but fundamental or lack of it, does help tremendously. Everyone is free to absorb the information the way they wish.....Keep posting.
Thank you all for the suggestions, but it is not like someone has applied already so someone should not say anything -ve about the company, I am not saying anything -ve here about this company, RHP has all the facts. Thanks to IPOANALYSIS, Initially I was going to apply but as he had pointed this company has a huge debt and as per RHP it is true, also company promoters are not genuine taxpayers, this behavior reflects their style of doing business. at least I will not bet on such a promoter's company.as the listing is still pending, people can post +ve -ve about the company and that should be ok irrespective of issue subscription is closed or open. If operators want they can list this issue also in premium so no one should worry about listing, you can trust the operator. above all posts you can simply skip, there is no harm or gain !!! as I have not applied will not visit this IPO page again, all the best for the +ve listing.
36. Trueinfo| Link| Bookmark|
March 16, 2022 7:01:33 AM
IPO Guru (1900+ Posts, 1700+ Likes)
In my opinion, it will list around 50. Profit making company with stable business. Subscription was average due to other IPOs on same dates particularly KN agri. Most of the reviews are also favourable. No need to worry and no need to react to Naysayers post closure of IPO. Reaction only highlights that. Best is to ignore such messages and instead post your own viewpoint.
35. sbipo| Link| Bookmark|
March 15, 2022 9:20:25 AM
Top Contributor (400+ Posts, 100+ Likes)
@nurool,@mravi, R u applying here as well like lokes
With 9 Lot application I expect to get 2 lots, 1 lot surely even if HNI shares are moved to Retail for balancing.
@MRavi... agree with you on not splitting funds. But we guys don't have funds for confirmed allotment in KN Agri and are going to play lottery lottery in any case. Here there was confirmed allotment and this money will be available for Evoq Remedies if applying.
Applied 8 lot hni, no retail. Expecting it to list at 55-58 around. I think It got less subs because of overlapping IPO dates and shadowed by better ipo options...
@avenue you will get 2 lots as this is a book build issue IPO, the share movement rule is applicable for fixed priced issue IPO.
Ref: AB cotton was book build IPO, shares were not moved for allotment from NII to Retail. https://www.chittorgarh.com/ipo_basis_of_allotment/ab-cotspin-ipo/1205/
@Spock... Yes I can see this information now. 2 lots are even better for me.
33. Bhav| Link| Bookmark|
March 14, 2022 12:02:22 PM
Top Contributor (400+ Posts, 100+ Likes)
@ lain , exactly, i was keeping my funds there because 3PM applying time, i have IDBI account also but they give only till 2PM, temporary i will use it , planning to open new account in other bank where they give 3PM last time for IPO.
I have fund for 25 lots. How should I distribute the fund among CoolCaps, KNAgri and Swaraj? Is it better to go as retail in KNAgri (35% quota Vs 15% quota) since the expected NII subscription in KNAgri is high? Rather I will go as NII in CC & SS. Any expert suggestion will help. Thank you!
28.1. IProfitO| Link| Bookmark|
March 15, 2022 11:49:29 AM
Top Contributor (200+ Posts, 100+ Likes)
My suggestion would be apply 24 lots in Swaraj for better allotment and 1 lot kn agri in retail.
27. Trueinfo| Link| Bookmark|
March 14, 2022 2:09:07 PM
IPO Guru (1900+ Posts, 1700+ Likes)
In my opinion, in the case of SME shares, IPO Gurus and Mentors, while discussing strategy on listing, should avoid giving general calls to exit or sell on listing, because most of the boarders blindly follow these advices and a resultant flood of selling due to such advices, may lead to discount listing even for good companies, (like in kotyark) and short term investors tend to suffer. SME shares have a very small number of investors and that's why they tend to react like that. Instead individual strategies will have both buyers and sellers and the share price may behave normally. The experts may discuss strengths and weaknesses of the company and then let the investors decide strategy individually. Such a thing will benefit everyone and avoid herd selling on listing day. My opinion. Request offer comments.
A very sensible point raise by @ trueinfo. I would like to futher add that whatever chat , discussions etc r not any sure shot calls to make money. Its for limited audience who knws the basic of stock market and specially about smes. Such call r for only those person or hni folks whom i knew , they r not going to loose there mind if it gone other way. Many r behavior here like a spoon feeding baby.. they immediately yell back to any guru or mentor ... If by chance any call gone other way. I want to tell them neither you r paying fee to them nor giving a cut from ur profit. Smes are most of times operators play.. in some cases u might get a huge amount of profit even in bogus script.. if by chance ur move match with operators.
27.2. Trueinfo| Link| Bookmark|
March 14, 2022 5:17:21 PM
IPO Guru (1900+ Posts, 1700+ Likes)
@ Nurul, thanks for supporting the viewpoint. Somehow, I knew you will agree to it, your image, through your posts being of a highly rational individual. Request other esteemed senior forum members to also consider this viewpoint or offer any other suggestion to check motivated herd selling on listing.
@Trueinfo @Noorul.. SME IPOs are to be participated only by people who are risk takers, who have already made some money and are ready to take the occasional hit, who have some knowledge about how SME works. A beginner short term investor is most likely burn his fingers surely if he follows other blindly not only to sell on listing but even to apply.
I can feel a casual group of friends here is formed who share their apply and selling strategies which are limited for this group only and we all benefited from this greatly. Moreover this group has repeatedly warned new investors NOT to follow anything blindly. In short I feel sharing applying and selling ideas are equally important and both should not be followed by anybody blindly.
This Mentor Tag has already forced us to post very limited contents taking more care as compared to earlier times where we could post anything. Now I think twice, some times thrice before posting any comment.
@IPOANALYSIS, Why you not predicted the listing price? You would have been correct. Like SPR.
26.6. lokes| Link| Bookmark|
March 24, 2022 11:54:52 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@dinesh: listing was bad due to those big sell orders at 11.40 rs by operator etc.... and now its near issue price with strong UC....so no need to worry, it will touch the levels of 42-45 soon as i informed in my other post, so whoever holding can keep holding.....only listing doesn't matter, if we are getting good price little later also then also its good....in my opinion, company is good and will perform better.
26.7. K.Atar| Link| Bookmark|
March 24, 2022 11:54:54 AM
IPO Guru (1000+ Posts, 700+ Likes)
@IPOANALYSIS Again your estimates are great, please advise can PE analytics be applied.? Thanks in advance
PE analytics things I don't like is being OFS and big issue. I don't expect very great listing but you may get small.listing gain provided HNi apply. Wait until tomorrow If the HNI goes above 10 times then u can apply for small gains .
26.9. K.Atar| Link| Bookmark|
March 24, 2022 4:29:50 PM
IPO Guru (1000+ Posts, 700+ Likes)
Thanks a ton @IPOANALYSIS, if all okay as above told by you. Then will test my luck with 3 retail applications.