What should be the strategy for Credit Access now. Got the IPO at 422 and current price dropped till 375. Should the loss be booked or can be waited for it to recover back.
508. P M| Link| Bookmark|
September 1, 2018 6:18:12 PM
(1100+ Posts, 1100+ Likes)
TCS BUYBACK
RETAIL ACCEPTANCE RATIO --------- 44.79% (43 OUT OF 96 SHARES) GENERAL ACCEPTANCE RATIO ----- 1.70% (4 OUT OF 235 SHARES)
BUYBACK OPEN DATE ---------- Thursday, September 6, 2018 BUYBACK CLOSE DATE -------- Friday, September 21, 2018
That is NOT Acceptance Ratio---- That is Just ENTITLEMENT RATIO.... ACCEPTANCE RATIO would come on 22.09.2018 after closing of Buy Back based on number of shares tendered by retail....and THAT WOULD BE MUCH HIGHER ,most likely 100 % (or 80-90%)
@P M, In TCS buyback there is vast difference between last year's acceptance ration (100%) and current one(44.79%). What would be final acceptance ratio do you think in TCS buyback? My guess is it would be between 60-80%. Please share your thoughts. Thanks RP
508.3. P M| Link| Bookmark|
September 3, 2018 11:11:11 AM
(1100+ Posts, 1100+ Likes)
@Rakesh Patel
As TCS trading (2085) near to buyback price (2100) and rupee trading near all time low, many investor may hold the stock or may sell in open market rather than through buyback, so 100% final acceptance ratio can not be ruled out.
508.4. P M| Link| Bookmark|
September 4, 2018 2:27:56 PM
(1100+ Posts, 1100+ Likes)
TCS trading above buyback price
508.5. DownriteVJ| Link| Bookmark|
September 24, 2018 2:26:58 PM
IPO Guru (1400+ Posts, 1200+ Likes)
Exited Tcs around 2085 levels, bought for tendering in buyback. No point in tendering in offer for extra 15 rs. Wait peroid till 3/10. Though it can still go higher on Q2 result date.
one of the worst performing IPO recently due to expensive valuation. Now at days low This is what happens when price stock at expensive valuation Look how good companies recently like HDFC AMC and Rites priced their stock so good
move to excellent management stocks like HDFC AMC , Varroc engineering, Mahindra logistics, Lt infotech, Mishar Dhatu
Agree with you IPOAnalysis on CAG. Don't buy now and better to wait for market to correct and this stock will be available at much cheaper price. I didn't apply in any of my account as I feel there should be at least 30% listing gain left for retail investors in an IPO. otherwise it doesn't make sense in applying and waiting for 10 days.
List of Main board IPOs IN THE PIPELINE (Status as on 24th August 2018)
A) DRHP Filed - SEBI Approval *Awaited*:
1) Senco Gold >>> DRHP date 21-Aug-18 2) AGS Transact Technologies >>> DRHP date 21-Aug-18 3) Harsha Engineers >>> DRHP date 21-Aug-18 4) Mrs Bectors Food Specialities >>> DRHP date 13-Aug-18 5) Nihilent >>> DRHP date 10-Aug-18 6) Sansera Engineering >>> DRHP date 10-Aug-18 7) Dodla Dairy >>> DRHP date 09-Aug-18 8) ASK Investment Managers >>> DRHP date 07-Aug-18 9) Shyam Metallics and Energy >>> DRHP date 06-Aug-18 10) Muthoot Microfin >>> DRHP date 27-Jul-18 11) PNB Metlife India Insurance Co. >>> DRHP date 27-Jul-18 12) Aakash Educational Services >>> DRHP date 19-Jul-18 13) Affle India >>> DRHP date 16-Jul-18 14) Ami Organics >>> DRHP date 11-Jul-18 15) Milltec Machinery >>> DRHP date 02-Jul-18 16) Chalet Hotels >>> DRHP date 02-Jul-18 17) Indiamart Intermesh >>> DRHP date 29-Jun-18 18) Bharat Hotels >>> DRHP date 29-Jun-18 19) Puranik Builders >>> DRHP date 27-Jun-18 20) Penver Products >>> DRHP date 26-Jun-18 21) Spandana Spoorthy Financial >>> DRHP date 26-Jun-18 22) Aavas Financiers >>> DRHP date 21-Jun-18 23) Anmol Industries >>> DRHP date 20-Jun-18 24) Vectus Industries >>> DRHP date 18-Jun-18 25) Avana Logistek >>> DRHP date 15-Jun-18 26) Hinduja Leyland Finance >>> DRHP date 14-Jun-18 27) Century Metal Recycling >>> DRHP date 11-Jun-18 28) Vishwaraj Sugar Industries >>> DRHP date 20-Dec-17 29) Srei Equipment Finance >>> DRHP date 28-Nov-17
B) SEBI Approval *Received* *(within the past 4 months)*:
1)Craftsman Automation >>> SEBI Approval 24-Aug-18 2) Route Mobile >>> SEBI Approval 16-Aug-18 3) Mazagon Dock Shipbuilders >>> SEBI Approval 10-Aug-18 4) SembCorp Energy India >>> SEBI Approval 01-Aug-18 5) Montecarlo >>> SEBI Approval 31-Jul-18 6) Crystal Crop Protection >>> SEBI Approval 27-Jul-18 7) ReNew Power >>> SEBI Approval 18-Jul-18 8) PN Gadgil & Sons >>> SEBI Approval 13-Jul-18 9) IRCON International >>> SEBI Approval 12-Jul-18 10) G R Infraprojects >>> SEBI Approval 11-Jul-18 11) K P R Agrochem >>> SEBI Approval 10-Jul-18 12) Lodha Developers >>> SEBI Approval 06-Jul-18 13) Dinesh Engineers >>> SEBI Approval 06-Jul-18 14) Shakun Polymers >>> SEBI Approval 05-Jul-18 15) Flemingo Travel Retail >>> SEBI Approval 29-Jun-18 16) Nekkanti Sea Foods >>> SEBI Approval 22-Jun-18 17) Atria Convergence Technologies >>> SEBI Approval 15-Jun-18 18) Sandhya Marines >>> SEBI Approval 12-Jun-18 19) Genius Consultants >>> SEBI Approval 04-Jun-18 20) Garden Reach Shipbuilders & Engineers >>> SEBI Approval 22-May-18 21) Rail Vikas Nigam >>> SEBI Approval 17-May-18 22) Devi Seafoods >>> SEBI Approval 11-May-18
C) SEBI Approval *Received* *(>4 months ago)*:
23) John Energy >>> SEBI Approval 27-Apr-18 24) Nazara Technologies >>> SEBI Approval 20-Apr-18 25) Capricorn Food Products India >>> SEBI Approval 12-Apr-18 26) Krishna Institute of Medical Sciences >>> SEBI Approval 07-Mar-18 27) Patel Infrastructure >>> SEBI Approval 05-Mar-18 28) Indian Renewable Energy Development Agency >>> SEBI Approval 16-Feb-18 29) Barbeque-Nation Hospitality >>> SEBI Approval 05-Jan-18 30) Acme Solar Holdings >>> SEBI Approval 15-Dec-17 31) CMS Info Systems >>> SEBI Approval 30-Nov-17 32) Reliance General Ins. Co. >>> SEBI Approval 29-Nov-17 33) Seven Islands Shipping >>> SEBI Approval 10-Nov-17 34) Prince Pipes and Fittings >>> SEBI Approval 03-Nov-17 35) Gandhar Oil Refinery (India) >>> SEBI Approval 26-Oct-17
@PlanetM, I do not know about Lodha but Spandana Spoorthy Financial & Aavas will land to primarty market within 2-3 weeks.
501. ipobull| Link| Bookmark|
August 28, 2018 1:32:58 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Accumulate Credit Access at around 400 levels to some extent as it is going the Varroc way, consolidation at sub- IPO levels. Varroc is 3rd largest in its field of operations and Credit is also 3rd largest in its. Varroc touched 1145 today against its ipo price of 967. I kept full quota of 195 in all of my accounts & reaping the benefits. You can buy Credit with a stop loss of 395 or if you are more conservative, keep stop loss at 384.
500. P M| Link| Bookmark|
August 23, 2018 11:14:01 PM
(1100+ Posts, 1100+ Likes)
Dvijen ji, L &T ka acceptance ratio 15 to 20% rahne ki sambhavna hai....yeh TCS nahi hai....isme retail bahut adhik matra mein hai...lagbhag 20 lac....dhanyawaad bhai.....
Studds Accessories, manufacturer of helmets and two-wheeler accessories, has filed draft papers with capital markets regulator Sebi to float an initial share-sale.
The initial public offer (IPO) comprises fresh issuance of shares worth Rs 98 crore besides an offer for sale of 39.39 lakh equity shares by promoters Madhu Bhushan Khurana and Sidhartha Bhushan Khurana, and other existing shareholders, according to the draft papers.
Proceeds of the issue will be used to part-finance the motorcycle helmet and accessories as well as bicycle helmet manufacturing facilities in Faridabad and for general corporate purposes.
Further, the company believes that listing of the equity shares will enhance its visibility and brand image among existing and potential customers.