Cosmic CRF Ltd BSE SME IPO. BSE Code:-543928 Symbol:-COSMICCRF Group:-MT ISIN:-INE0ORA01015 Issue Price:-314/- Market Lot:-400 Shares Face Value:-10/- Listing At:-BSE SME
148. Earthking| Link| Bookmark|
June 30, 2023 12:36:36 AM
IPO Guru (1300+ Posts, 500+ Likes)
If one see the BoA , all the left over shares from retail is allotted only to HNI quota and not a single leftover share is allotted to QIB ,eventhough QIB subscribed 4.4 times they were allotted 34400 shares only as per their Quota. Why so is this the correct procedure ???
147. lokes| Link| Bookmark|
June 29, 2023 9:57:11 PM
IPO Guru (4400+ Posts, 5100+ Likes)
I am allotted here 1 lot, it may list near to issue price mostly, around 310 to 320.... Will decide to hold/sell as per demand tomorrow in preopen and after listing, not sure now... company has good client lists and can grow faster in future, debt will be reduced using ipo funds and capacity expansion will happen...it may be good bet for long term but current valuations looks expensive....good to add if getting around 290-300 levels....
@Lokesh Sir, orders of 400 Crores pending and co s main client Titagarh Wagons adding order per order daily will boost the prospect of Cosmic CRF ,day before Titagarh got another order of 825 crores don't u think all is in favour of cosmic as railway theme getting stronger day by day.
147.2. lokes| Link| Bookmark|
June 30, 2023 12:32:05 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@kapil : yes i am aware so i have written positive only about company and that's why took little risk and applied...already mentioned it can be proved as good bet in long term....
147.3. lokes| Link| Bookmark|
June 30, 2023 10:50:29 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Exited in preopen.....very less buying was there, looks nothing done by promoter/LM to support listing...
Exciting Partnership Announcement: Joint Venture with Leading EV Manufacturing Unit in Gwalior, India.
We are thrilled to announce a groundbreaking partnership that will revolutionize the electric vehicle (EV) industry and drive sustainable mobility forward. Cosmic EV is proud to join forces with Supereco Automotive Co, a renowned and accomplished player in the EV manufacturing sector based in Gwalior, India. This joint venture (JV) represents a significant milestone in our shared commitment to creating a cleaner and greener future.
As an investor, Cosmic EV recognizes the immense potential of the EV market in India and the urgent need to accelerate the adoption of sustainable transportation solutions. By partnering with Supereco Automotive Co, we are combining our expertise, resources, and innovation-driven cultures to create a powerful force that will shape the future of mobility.Here are a few key highlights of our exciting JV: 1. Amplified Production Capacity. 2. Technological Advancement. 3. Market Expansion. 4. Job Creation and Economic Growth. 5. Commitment to Sustainability.
@Small Investor I will sell 2 lot in pre open at what ever price we get. Remaining 1 lot will sale after seeing the movement after 10 AM. I also miss legend RAJKUMAR...no idea where he is now.
Team, I have submitted my application and canceled the same before the closure date. But till nowt he amount is not released. Whom to reach out to and any suggestions will be highly appreciated.
@Arvindarvind Sir, retail has around 39% and 5-6 biggies have major chunk......today Titagarh wagon news of another 875 crore order and this is major customer of cosmic CRF, can this have positive impact ....
Total issue size: 18,22,000 shares 9 HNI investors holding:7,71,600 shares(only 3 holding ~5 lakh shares) Market maker: 91,200 shares Around 50% shares are with these 10 entities. Listing depends on the strategy of these HNIs. This is gonna be interesting to track in the near term. Game on here!!!