Craftsman Automation Limited IPO Message Board (Page 8)

Can anyone suggest the latest GMP, if any, that''s left on this IPO now?

Applied 2 lot 1 through asba & 1 upi
Upi mandate not accepted subscriptions figures not favorable maximum listing gain 10 to 15% discount listing chances high better secondary mkt thousands of companies shares next 4-5 days attractive prices soon

Promoters have been successful in trapping retail investors. This IPO will surely list at discount. Since its only 3 times subscribed in retail portion, there is no escape for people who have invested.

Bbq nation ipo coming March 24th...march still alive in ipo
24th to 26th

Gland pharma has poor response in subscription but had listing is not bad..

Anti China sentiment was responsible.

So anti china sentiment went away in 5 working days? Really

Doob gaya paisa

Did you put the application or just being sympathetic to rest of world who applied.
This comment is more suitable for listing day

Any chances of Craftsman becoming a Gland pharma?

None.
Gland''s subscription was less because of highly patriotic social media influencers who preached anti-china sentiment. No one said it was not a good/great company.
Here, the fundamentals are mehh.. very mediocre., subscription is less because of the flood of IPOs this week.. this company isnt that good compared to the other choices available.

@OMi
There were many more comment on Gland being expensive Rs 1 face value asking Rs 1500 plus ignoring nearly Rs 350 book value
China was one part. If you see Gland board messages you will find issue was trashed for financial performance also
Any way it is not to say that it will run like Gland but company is good and MFs have taken exposure what they want to hold. Higher bids of QIBs are not proof of any thing. MFs aim to get certain allotment and apply knowing fully well that rest of money will come back
When i applied for Rs. 2.5 lakh in Craftsman i have capacity to absorb full if allotted. However later on subscription in HNI category went up (may be people like my thinking) and oversubscription became around 2.8

It may surprise us like Gland or simply tank as expected. Let''s see.

IPO experts please guide , should i accept the mandate or not , i have applied but not accepted the mandate , totally confused , please help .

@rohan रिजेक्ट immediate and take the sound sleep or enjoy the party with application 💰.

Yes you should, here you go for detailed analysis
it will list 25% gains on day1.
Laxmi organics, anupam rasayan are old economy stocks and more over commodity chemical stocks .
where ever euphoria is there , one can expect listing gains , but not secular returns over a period of time.
Examples :
Bector Food is trading at 26% above issue price
Burger King - 126% . Thank god, FII did not dump yet , else it will be south ward direction
Stove Kraft - Just 16% returns as on today
HomeFirst Finance - 7% Negative returns
Antony waste handling - 11% Negative returns
Indian Railway Finance corporation - 7% Negative returns
Indigo Paints - 59% Returns
Nureca - 47%
Railtel -44%
Heranba - a meager 5% returns as on Today
MTAR - 40%
Key LESSONS LEARNT FOR RETAILERS
all issues over more than 3 times
where as Gland Pharma is just 2 times .
Return wise Gland is the 2nd Best - 69% ( next to Burger King ) , one would have lapped up full quantity in Gland Pharma and enjoyed the returns till today, rather than applying for all issues in multiple accounts and awaiting for lottery.
Gland will be a multi bagger down the line.
post results and any knee jerk reaction by FII post FOMC or any bond yield rises or dollar index strengthening or churning among EMs, Burger king may tank down and may end up in meagre returns .
Craftsman will give solid returns if one has enough patience

it will list 25% gains on day1.
Laxmi organics, anupam rasayan are old economy stocks and more over commodity chemical stocks .
where ever euphoria is there , one can expect listing gains , but not secular returns over a period of time.
Examples :
Bector Food is trading at 26% above issue price
Burger King - 126% . Thank god, FII did not dump yet , else it will be south ward direction
Stove Kraft - Just 16% returns as on today
HomeFirst Finance - 7% Negative returns
Antony waste handling - 11% Negative returns
Indian Railway Finance corporation - 7% Negative returns
Indigo Paints - 59% Returns
Nureca - 47%
Railtel -44%
Heranba - a meager 5% returns as on Today
MTAR - 40%
Key LESSONS LEARNT FOR RETAILERS
all issues over more than 3 times
where as Gland Pharma is just 2 times .
Return wise Gland is the 2nd Best - 69% ( next to Burger King ) , one would have lapped up full quantity in Gland Pharma and enjoyed the returns till today, rather than applying for all issues in multiple accounts and awaiting for lottery.
Gland will be a multi bagger down the line.
post results and any knee jerk reaction by FII post FOMC or any bond yield rises or dollar index strengthening or churning among EMs, Burger king may tank down and may end up in meagre returns .
Craftsman will give solid returns if one has enough patience

Now we can see many people like it go down and down. Because of them missed out the opportunity and they will surly shout.

have you applied?

No. I skipped it.

As usual ...applied 4 applications for single-single lot

how to apply for 3rd party demat account via one saving account ??

Dear Lekkar,
Apply with full force.
Listing gain possible because strong Anchor book.
Anchor book including Wipro Premji Group invested 55 cr. in Anchor Book,
and expecting good qib portion, and retail may be 5 to 8 times possible.
If qib below 15 times then we skip.

as QIB not even crossed double digit, I have only accepted one application.

@Avenue
Final NII looks like 2.84 times. So allotment will be equal to 6 lots (right kind of risk) in my view

I have applied 1 lot and then cancel it, I have done right or wrong,😃😭😃😭😃😭 mix Feeling

Lot of people comparing this to Gland Pharma IPO situation.

Gland''s subscription was less because of highly patriotic social media influencers who preached anti-china sentiment. No one said it was not a good/great company.

Here, the fundamentals are mehh.. very mediocre., subscription is less because of the flood of IPOs this week.. this company isnt that good compared to the other choices available. This company timed the market to achieve high valuations in the current boom..

High probability of discount listing

Kwality share!!

Company is heavily in debt -900 Cr
Endurance technologies is a better pick compared this

What is the quality ur referring to?

QIB already around 5X

what have you decided ? accepting mandate or not ?

as said, accepted only one.

Have applied but will accept mandate only after seeing the final subscription data by qii/nii

If QIB''s cross over 7 times only then it is a less risky game. Vena to discount me khulne ke chances aur increase ho jaenge

Thinking of the same approach... So what have you decided now looking at the subscription
numbers?

nii category is still less than 1 times.
what if this does not cross 1. will the ipo go through ? what will happen to all their shares ?

Or may be it means only habitual IPO punters have applied? 😅

Keh sakte ho😅😛