Divgi TorqTransfer Systems Limited IPO Message Board (Page 11)

Valid application but of no use.

Not even crossed 1 time till 12.45 PM

Let's see the QIB subscription till 2:30pm

Interest is low in this one also no activity in gray market.
Very difficult to predict as of now.
Good QIB subscription tomorrow may bring some additional HNI subscription.

Apply from all accounts for sure. But HNI or RII will be decided tomorrow. As of now scenario is not very optimistic.

Good to see HNI THREAD after a long time , thanks for opening it 👍
Cold response so far, but subscription usually come in the last day only.
Let’s hope for a good subscription and end of dry mainboard IPO run.
I will apply, how much will decide tomorrow last hour.

Most of the HNIs will go for SYSTANGO (SME IPO) as GMP is much favourable (ROI wise).

@DD
what to do . apply in shni or BHNI or skipped

@PLAZA i am happy with 10% gains.

Waiting for subscription figures, if bhni will be between 5-10x then will go in bhni.

Otherwise will go in 2 shni. reat will look in Systango/vertexplus.

You cam decide as per your funds availability & risk capacity.

@Gaurav DD dimer,
As @Avenue said, very happy to see a HNI thread after long time. Once it was very actively participated by so many renowned CG members, now become an exception.

Personally, I would like to skip this main board as the wounds from few main boards are not healed yet😜, instead would be happy to buy some SME from the discount sale 😉

Thanks

no movement as per expectation.

@Mravi

I am taking this only for listing gain point of view. Don't have intention to hold.

Have to book 20k to 60K gain in this month. so looking short position stocks in this month.
Don't want to book gains from current portfolio.

It's looks like 10% plus minus bet.
Company is over all doing good with focus on EV. There OPM is excellent with decent growth in CAGR. Future out looks seems promising and Auto sector is in Rising Mode.
Few negatives are also there .. like OFS part, average Anchor book , valuation wise they didn't left much for IPO players and past few disappointing performance of Mainboard IPOs.
I will apply if QIB cross 30x.

@gauravji
Due to changed allotment rules, NII thread is not as useful as before. Just apply as per availability of funds and money making opportunity is simple conclusion.

@MRabiSir: Any worthwhile discounted SME you can suggest/share for mid term.
Thanks and regards.

@ Safe Bet

Among best one
All E, Vital, Chaman, Earthstahi

Among good one
Pritika, Technopack, RBM

Among recent one
Sealmatic

Among Average one
Swasrik Pipe, Uma converter

Among poor one
none.

others expert may also add or subtract as they like

Among Average one

UNMATURED PREDICTION AS PER LATEST SUBSCRIPTION FIGURE
QIB Appx 6
BHNI APPX 4
SHNI APPX 3
RETAI KUCH BHI HO SAKTA HAI DUE TO UPI MANDATE

@Gaurav: thanks for the inputs Bro.
Any levels you can suggest for Vital, Chaman, Earthstahl, RBM
Already holding Alle, Swastik...

@Safe Bet,
Though I agree with @Gaurav DD dimer on most of them, my picks are here:
- From the recent results safe bets with less risk: Phantom, All E tech, JSLL
- Potential for future good results (6 months to one year): INA, RBM, Viviana, Technopack, Vital, Earth, Chaman, Arham, Vedant Assets
- Potential winner - Virtuoso (Ashish Kacholia bought through preferential allotment at 142 Rs): can buy 160 -165 for a one year time frame.

Disclosure: I have invested in all the above. my opinion could be biased unintentionally

Thanks

Had planned 4BHni apps. But seeing the subscription fiasco now thinking of skipping all together.

It wil be much more applications.

@MRavi sir , 🙏 thanks so much for sharing your view on recent ipos n giving confidence, so much helpful for members
Disc- Holding Earthsthal

MRavichandran@
Bro.. i am holding Varanium since ipo, shall i hold or sell, as i am in bit confusion..!!
Pls guide me

Hello friends
Can I apply at lower price range in SHNI ?

@sunmoney.

You want get allotment at Lower price band.
first of all shni will be overconfident. If it won't then they prefer to allot to retailers/QIB of unsubscribe portion instead of giving it at lower price.

Not impressive subscription at all....
Auto ancillaries sector isn't performing well currently in the market ....
Uniparts still below IPO price even after good results....
Harsha went below IPO price before recovering somewhat.
The sector is at crossroads with the advent of the EV era. Any major expansion with Capex can be a liability in the long run.
The GMP seems to be a trap. Uniparts had at one time 25% GMP and it's GMP stayed around 8-10% till the listing date and yet it closed way below IPO price on listing day...
Divi Torq may have better products to offer but the asking PE is very expensive.
I am not saying that it will list in the red, it may surprise pleasantly, but the returns chances doesn't seem attractive.....hence skipping.
Not an expert so no recommendations for others....

@MRavi Ji, Thanks for your valuable inputs..... Holding Phantom, Alle longterm...
will try to add some of your recommendations for sure....

Dear Senior Members.... Nice to see HNI Thread after a long time. I was hoping for better subscription figures, let us see as still some time is left.

If SHNI category is oversubscribed and BHNI category is undersubscribed, will some shares be moved from BHNI to SNHI or not ?

Finally, going in with 4 sHNI bids.
Betting on the fundamentals, don't mind holding 3-6 months.

@ValueSeeker... I am sure you already know but still would like to share. Apply four sHNI only if you can handle 8 lacs allotment. Once I was allotted all 4 and it became a headache...

Finally applied 1bHNI at 2.59 pm
Company financials look good but valuation is definitely a concern.
But went with the gut feel, let's see.

@Avenue, yes, thank you. I appreciate your concern.

I have applied 2 sHNI applications, may apply 2 more sHNI if subscription figures improve

Applied 1 Shin + 10 Retail

3PL and PMP profucts of uniparts have huge competition and even small players manufacture it.

On the other hand, Divgi have niche in many products and it’s sole manufacturer of Torque Couplor and largest supplier of Torque case in India.

Also, expected market size growth for Divgi’s many products are 50-60% whereas Uniparts are 7-10%.
This is my view justifies high valuations for Divif and low valuations for Uniparts

@ Nilaykumar
Good observations

They are wake up on last day after lunch in every ipo

Generally they issue the subscription order to bank early in the morning but banks execute it in the afternoon as per their convenience.

If QIB is near about 5 times by 2:30pm, the subscription will be good.

Skipping this one...QIB response is very poor

QIB's are now back roaring, might cross 10.

QIB 2.77X

QIB 2.77X

Itne se kuchh nahi hoga bhai qib me

Are you applying? If yes how much? If you wish to reveal that.

Applied with full force and hoping for at least 1 retail allotment. Thanks.

@Crow You applied full force and hoping for just 1 retail allotment? Is your full force just 4-5 retail app?

@crow
मजा आ गया।

@Mr. Singh, yes. My FF is 3 retail apps. I'm a small fish and IPOs are a small part of my assets.

@crow full respect to ur honesty. लगे रहो। परमेश्वर आपको इतनी कामयाबी दे की जल्द ही मै आपका अप्लिकेशन nii मे देखूंगा।

Dear smile! Crow's knowledge on ipos is amazing..I also want them to come as HNI investors.

@ Crow, You might be a ‘small fish’ but you have a big heart in not hesitating to share your knowledge, good luck with allotment and listing

@Smile, thank you. I don't want to wish to move to HNI as I said my bigger bets are on wider indices like NIFTY, S&P500, and NASDAQ. IPOs are only a "shauk" for me and luckily I have the wherewithal to do it.

@God is Great and @ultrasnow, thank you for your words.

All the best for DTTS IPO listing.