DEE Development Engineers Limited IPO Message Board (Page 13)

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See the latest one... I am getting some an error while updating snapshot here. I don't know why but still i am trying my best.

Here it is..

One question related to employee category application above 2 lacs.

When we apply below 2 lacs, we can select the cut off which is the discounted price.

But above 2 lacs, we cannot select discounted price / cut off price since it is considered an HNI application, we only have to select the price between the band. And obviously it has to be upper band. Now in this case, will the shares be allotted at upper band or discounted price?

@newgen consultancy @Tejas Pandya @GrayIsTheNewBlack @lokes @MuStrFc @Eagleye @KING VINOD @Chhote Lal @rohiitian @mguptaa @Dhiraj Ramchandani

​@CASuraj It should be allotted at upper price band as I tried for max 37 lots it is showing amount payable after 19 rs. Discount price..I.e.496984..i tried to upload the image of the same but unable to do it..

Yes correct @Tejas Pandya I also checked.

The total payable amount is at discounted rate despite selecting upper band.

Experts
Please let me know
If apply in S HNI
In case of oversubscription
If apply 14 lots
Or more then 14 lots
Chances of allotment by lottery are same in both or any differences ?

Same Chance, no difference

​@SKGKOL In oversubscribed issue, it makes sense to bid for minimum applicable lots. Chances are same in draw of lots whether you apply for min lot or more. Why block additional funds un-necessarily.

If today Purchase Bajaj Fin Share Dtd.19.06.2024 for Apply BAJAJ Finance eligible for SH quota?

Only DRHP filed so far. I guess once the RHP is filed, that date would become the cut off date for shareholder category.

​@Kushagra Gupta BHFL has yet to file RHP. Therefore, one can buy either of Bajaj Twins to qualify for SH quota.

A company with meagre profit margins, offering shares @ 73 PE.
Share market ka kalyug ghor.

Markets are generally forward looking. Kalyug toh hai, ghor hai ya nahin, kehna mushkil hai 😉

S-HNI,(min) category ko ASBS se ipo apply kerte rime kaise select kerte hai
I use indian overseas bank
Please reply
Already thanks to all respects members

​@Puunam Actual company name is DEE Development Engineers Limited, don't be confused.
Please check and like.

Highly under rated stock in terms of technical capability. Did peak margins of 20-22% in FY15 when power sector was at top and then shifted to oil and gas industry when power sector took a hit. Took few years to get grip on oil and gas industry and at the same time adding clients. Now with both industry on top and expanding company has solid moat in both sectors.
.
Total asset base 1000 crores, Mcap 1400 crores. Solo player and no peer.
Cant value everything on EV/EBIDTA and P.E.
I feel with now with coalition government coming in more efforts will be put to attain 100% energy , lot of thermal, wind power tenders will be issued. For me thermal is going nowhere and FGD might pick up instead in next 5 years. ONGC has been massively expanding in Oil & gas as well.
.
all the above data makes me feel we would certainly hit peak margin and peak sales in coming times. Planning to apply in IPO and would happily add if it opens up 10-20% lower and also flat subject to how allotment is

established customer base. strong order book. significant entry barriers. reduction of debt from 400cr to 230cr resulting in bottomline PAT boost.
It may have similar kind of listing like JNK India.

What is the last date to be eligible for Bajaj housing finance Ltd ipo shareholder quota ?

​@Gomu Last date is the filing of RHP , which is at least month away, do not wait that long..

Any one using rbl bank fixed deposit for ipo.
I did sweep-in fd offline but cannot use the amount for ipo.
Can anyone please guide what kind of fd is required.

​@GuptaG hdfc bank doesn't allow fd sweep in for IPO. Been there done that. Closed FD and applied for IPO.

Kotak, icici are few banks which allow fd sweepin for IPO. This info is from CG forum

​@GuptaG @Ishant  You should ask for sweep out FD to ur bank manager.
Sweep out means if u get allotment or any other withdrawals, ur fd amount will be used.. where as sweep in means extra cash in ur savings account will be converted into FD.

Not much discussion about IPO.
So what to do ?
Apply or not?

Does Axis allow minor Internet banking so that we can apply for IPOs? Thanks

no it does not

#offtopic
All the defence stocks have been raising since last 15 days? Few of denfence stocks have given 50% returns from past one week. I have missed the rally. Is it good time to take entry in it. Or should wait for the corrections?
Dear seniors please share your views

Every skyrocketing stock will lose out steam somewhere and correction will start even in defence stocks also... may be after budget.

Allotted 1 BHNI in AZAD engineering.
Investment - 2.1 Lakhs + 50K (invested additionally)
Profit - 7.5 Lakhs (after today's upper circuit)

Exited with my investment amount + extra 1 lakh profit. Rest 6L left in market for lifetime.
Planning to shift my investment amount to good large cap stocks...

Defense related stocks have a long working cycle. So in short term investors might find excitement in order news. Many stocks are running based on this. So a better strategy is to stick to big players and that too when they fall 10% or more. Untill then patience, risk reward is skewed at this levels.

Anchor book

Off Topic :-

Any idea what will be the price of share of hyundai ipo

In S.Korea it's available at throw away price

total of 14.2 cr shares to raise about ~25,000 cr. it comes around ~1760 per share. finally based on exact final figures it could be in the range of Rs 1700 to 1800.

Allied Blenders & Distillers Likely To File RHP On 19th/20th For Its 1500-2000 cr IPO
Expected date end of june

I opened a RBL bank account and got the sweep in FD created but now the amount is not being reflected for applying the IPO. Anyone knows what type of FD should be created for the amount to be used for IPO?

Off the topic: Today's high of GPIL is 1074, it's buy back price is 1400, how much price we can expect before its record date i.e., 28th June, experts pls guess...

It can appreciate by another 8 to 10%

​@Manish P Congratulations ji. How did you apply for 5 applications? Via UPI or ASBA?

​@diwan kapoor Sir, RBL proactively marks the application as (3rd party). So, I would be very surprised if there have been allotments recently.
I remember using it 2 years ago that time itself bank used to mark application as 3rd party (even though their interface allowed to apply 3rd party applications).
I checked with registrar too and the applications were rejected citing 3rd party as the reason.

​@GrayIsTheNewBlack This is really a wrong practice by RBL bank.. Than What is the fun of giving permission of 3rd party..!!

Friends I have been reading about third party IPO applications in CG forums. How do I apply for 3rd party (family)?

As in, my adult family member has demat & trading ac. Can I apply for IPO (ASBA) mentioning their demat & PAN details in my SBI netbanking? Later on as usual I will apply for myself from another bank where I have my demat.

​@Manish P How did you apply 5? have you applied by upi from single bank?

​@diwan kapoor @Nicks Jain @Ankur Goel thank you for your inputs

Does Indusind bank allow internet banking for minor Account???

Yes..