Craftsman Automation Limited IPO Message Board (Page 9)

So what are Expert''s opinion on this IPO now looking at the subsciption? Thanks in advance!!

Meanwhile secondary market is going down.... accumulate some good proven quality stocks and get some safe return in few weeks.

Good Company. QIB Subscribed more than 5X.
I applied all my demat accounts. Hope good listing like Gland.

Applied as HNI 130 shares

@arun ji.. still holding gland or sold it in listing gain ?

still holding. no risk till 11 months. then will try to understand old promoter exit plans

Sir i have 4 demat account different pan can i applying each demat single application and mandate send to all same upi id its valid ya not.

( I have 4 demat account and upi id -1 plz suggest))

pan different hai but upi same hai ..??

Vickey nhi kr skte ese apply. Reject ho jaegi, different pan ke lie usi person ka upi chahiye jiske name pe pan ho.
Only 3rd party asba ke through lga skte ho same bank se. Like sbi asba ke through different pan but same account.
But upi ke case me different pan ke lie, jiska pan usi ke number ki UPI.

Looks like most RII have cancelled their application after low nii and qib participation.

Hello Experts, I was not able to cancle my application from SBI ASBA, May be they don''t allow it after 2pm, So I applied another application with same PAN from my another Bank A/c will that canceled my application?

Yes, it will be Cancelled

I thoughts so, Thank you all for conformation :)

Cancalled my application in family account ,
not applied in HNI ALSO

@Dr strange
ALL family accounts in IPO cancalled

Ok..i thought HUF account as family account..so asked about it

Craftsman thanking retail investors for giving promoters easy money
This is technique to transfer hard earn retailer money to promoter pocket at 7 times return and then no chance for retailer to exit at all or sell at loss

Will you also withdraw your holding from all mutual funds or life insurance companies who apply in this issue and you have holding there?

Apply with full force, MF has applied for 67k shares

v good chances of allotment in this ipo.
those with a risk appetite may go for it

I didn''t apply in craftsman ipo.. if anyone applied can cancel his application ...

I applied only in 3 - Laxmi, Anupam, Nazara in current week ipos..

Cancelling all Mandate of Craftsman
Not interested
Lowest subscription
Cancel all Mandates everyone

Many application are getting cancelled now
Retailer are fool to apply everything
There is no chance of exit as will list at huge discount now. Better cancel as retailer are giving free money to these greedy promoters

The company''s revenue is declining over the years. The IPO is mostly OFS ,where most of the money will go to promoters pocket. The asking valuation is very high

IFC, the shareholder in Craftsman is making 7x return in 10 years via this IPO.

International Finance Corporation has bought stakes in the company in 2010, by acquiring 66,263 shares at Rs. 6,791.12 per share. Their total investment was ~50 Crores.

In 2017, the company did a bonus issue of 3 shares for every 4 shares held.

IFC total shares after bonus = 1,15,960

In 2018, the company did a split of face value from 100 to 5.

IFC total shares after split = 23,19,200

Current share price of IPO = 1490

Total investment value = ~350 crores.

This is how big money is made by doing right investment early in the company and then cashing out once the IPO comes. Most of the IPOs are the route to help investors exit

🌟IPO Update

🔸️Easemy Trip IPO
GMP : 135-140

🔸Anupam Rasayan IPO
GMP: 145-148

🔸Laxmi Organics IPO
GMP: 75-78

🔸Craftsman Automation IPO
GMP : Nil

🔸Kalyan Jewellers IPO
GMP : Nil

🔸Nazara Tech IPO
GMP : 800-810

🔸Suryoday SFB IPO
GMP : 27-28

Thanks, it''s correct latest gmp. So craftsman ipo is clear avoid from gmp and low subscription point of view..

What happened if IPO QIB portion will not fully subscribed 100% ?

NII and RII would be allotted the shares.

No Grey Market Trades In Craftsman
#Pune

Do people trade in GMP in Pune?

Cancelled my applications now. Will buy from secondary market, if required.