Please suggest promoter companies share for upcoming IPOs / probable IPOs coming in next 6-9 months, where we may get chance for shareholder category ??
Even company doesn't give shareholder quota, don't see any harm keeping just 1 share. So please share all such probables.
275. ammubutter| Link| Bookmark|
August 13, 2018 2:08:38 PM
Top Contributor (200+ Posts, 200+ Likes)
Plz help... Mujhe mere dosto ke demat or trading accounts open krvane h..to usme unka hi saving account chaiya ya m apna saving account unke accounts se link krva sakta hu...???? IPO ke liye trading or demat dono ki need hoti h ya sirf demat ya sirf trading se kam chal sakta h...???
I remember several analysts had highly recommended tata motors @420. It has proved everyone wrong. Now if market slips down, most probably it will fall more. Doesn't look to be safe heaven.
lot of MF house have incresed stake in Tata motors..you can take a contra bet and invest with long term view . If you want to invest invest in Tata motors DVR .
271.3. SJ| Link| Bookmark|
August 13, 2018 6:40:14 AM
(1300+ Posts, 3200+ Likes)
In 2016 , my friend bought at 500.At that time Motilal Oswal gave the short term target of 550 before TataMotors posted result of 1000 crore loss.This was the biggest loss posted by any company of sensex , nifty and the whole Auto sector.Promoters has pledged their shares of 1000 crores.If promoters break their pledge once , this would be the trigger to buy the shares.
No improvement of Qib after 2.45 pm. So i applied one full form only. Chem Cho only one member who recommends this issue. Lets wait what will happen on listing day.
QIBs not always showing true picture. The BRLMs are the underwriters also.i.e as per sebi rule If issue goes undersubscribed by 25 % , the LMs has to take responsibility on their shoulders to sail through the IPO.So they somehow subscribe the IPO to fillup QIB quota and adjust in their fees they charge to the promoters.The promoter has no problem for this excess fees as it is quiet cheap than underpriced IPO.Also they all ( promoter + LMs ) can recover their loss on listing day by speculating/manipulating price.The ultimate loss in on traders' head ! If issue is undersubscribed by more than 25 % , SEBI can either permit to extend or issuer has to withdraw back. Anyway it's surely a lesson for not only Lodha dev but for all upcoming IPOs.Hopefully our govt. learned a lot the lesson we taught them after gic ipo and it got reflected in rites ipo. CAG - No doubt about management , good company , clean balance sheet , high growth etc. etc. but there is a limit for everything and investors dont want to pay high price.
265.1. Johny| Link| Bookmark|
August 12, 2018 10:25:20 AM
IPO Mentor (800+ Posts, 1000+ Likes)
Check msg 268.4 @PM has already commented about Weizmann forex - "Weizmann Forex -------- acceptance ratio may not favourable around 6% (if all retailers participate)"
Means 100 share me se company arround 6 share buy karegi?
265.3. P M| Link| Bookmark|
August 12, 2018 1:12:45 PM
(1100+ Posts, 1100+ Likes)
@Dvijen
For Weizmann Forex final acceptance ratio will be calculated after record date.
As per shares holding on 30th Jun retailers holding (upto 2lacs) - 11,82,567 shares
Total buyback ----- 4,36,467 shares Reserved for retailers ---- 65470 shares (15% of total buyback)
Entitlement/acceptance ratio as per 30th Jun -- 65470 / 1182567 = 0.055 = 5.5% say 6%
It doesnt means that only 6% shares accepted, it means 6% (holding on record date) shares accepted confirmly & more depend on participation of retailers. If retailers 100% entitled shares offered for buyback then only 6% will be accepted If offered shares is less than retail reserved shares, then additional ratio calculated for balance shares.
In previous TCS buyback offered shares less than reserved shares so 100% accepted But in Infosys shares offered is 179.11% against reserved shares.
RII portion of Lemon tree was subscribed only 12%. Today share is quoting at 80 which was issued at 56. If fact share had picked up at the end of the listing day itself. HDFC life is another example. So creditaccess grameen may also pick up on the listing day itself.
Hello...with 2.3X subscription, Is Grameen listing going to happen at premium? how much can one expect? Also, is there any correlation between how Bandhan listed at premium - to how Grameen my get listed? Pls give your views.