Promoters will benefit on 15th December 5 pm Ipo investors will benefit on 20th December 10 pm People who think about long term investment will get sub par returns, because of the issue price.
Exit at listing, enter at issue price. Don't think too much, just like tata tech, too much enthusiasm here.
197.2. Seth.| Link| Bookmark|
December 8, 2023 1:45:12 AM
IPO Guru (1200+ Posts, 600+ Likes)
Agree with you. GMP is over hyped also
197.3. Liger| Link| Bookmark|
December 8, 2023 11:50:03 AM
Top Contributor (300+ Posts, 500+ Likes)
@Monster Zero is the hyper GMP activity in DOMS due to new T+3 listing norm so that quick money can be made in very short time ? is the trend going to continue in upcoming ipo's too ?
@Liger .. whatever the gmp is, exit in pre-open, even at the issue price. Only 1 good thing about the issue is that it has 40% market share and presence in 40 countries. For long term buy under 35 p/e. Let market correct the price.
Hello .. Please confirm which broker allow sell of shares in case of Minor(open demat and trading ac both).. also which bank allow apply for IPO via ASBA (online) for Minor.. Please guide...
@Lucky winner Tata Tech IPO closed before 1st Dec, that is why!!😊😊
194.6. IPOTraders| Link| Bookmark|
December 8, 2023 8:02:23 AM
IPO Mentor (800+ Posts, 400+ Likes)
@NewInIPO@Lucky winner "According to SEBI rules, IPO applications with 3rd party transactions will not be considered as Valid from Dec 1, 2023". That's it. Why to take unnecessary risk of blocking - unblocking our money. Iske baad bhi, If someone gets allotment through 3rd party transactions, please tell in the forum.
📢 DOMS Industries IPO - All Details are Final 🗓️Dates : 13 ~ 15 Dec,2023 🏷️Price Band : ₹750 ~₹790 📦Market Lot : 18 Shares 💰Appl Amt : ₹14,220 📏Size : ₹ 1200 Cr 👦Retail Portion : 10% 🔖Retail Form : 84,000 📄HNI Small Form : 2,800 📄HNI Big Form : 5,600 🏷️Face Value : ₹10
Sir your view abt this ipo DOMS production mainly in to Stationery and children's Art materials. As technology developing all using and will going to use tabs and laptops in coming years, company may not sustain growth in future. better to apply only for listing gains
191.2. KING VINOD| Link| Bookmark|
December 7, 2023 10:03:17 PM
IPO Guru (2500 Posts, 5400+ Likes)
@MVP मैंने अभी YES BANK में एकाउंट खोला है, वहां sweep in FD तो है किन्तु FD को link करके IPO एप्लाई करने की सुविधा नही है,IPO लगाने पर fd तोड़ कर sb में बैलेंस आने पर IPO एप्लाई करने देता है। यह सुविधा लगभग सभी बैंकों मे है, FD LINK करके बिना fd तोडे ICICI यह सुविधा देता है,FD का नाम है MONEY MULTIPLAIER YES BANK 10 LAC पर SB INTT 7% है। यदि YES BANK में ऐसी कोई सुविधा है,तो उसका ब्यौरा दें।
190.6. MVP| Link| Bookmark|
December 7, 2023 6:57:52 PM
IPO Guru (1500+ Posts, 1100+ Likes)
@Vimal Garodia@MITTAL Yes Bank still has the feature, though it seems they recently made it little difficult to create the sweep in FD. Previously the radio button was present while creating the FD. @mittal what you can do now, 1st create a normal FD, then look for the "manage sweep in" tab in the app/netbanking, from there you can convert your normal FD into a sweep in FD.
@MITTALSir, I am using "SWEEP IN" FD in Yes Bank to apply in IPOs since long time. It work perfectly. It only breaks when you get the allotment. Let me know what issue you are facing in creating "SWEEP IN" FD or applying through IPO using it.
190.8. MVP| Link| Bookmark|
December 7, 2023 7:00:33 PM
IPO Guru (1500+ Posts, 1100+ Likes)
@MVP I knew through memebers that YES bank has this facility but i thought that they stopped it after reading @MITTAL ji's message..thanks for confirming it for me, appreciate it..
@MVPSir, I just check and YES BANK let me create "SWEEP IN" FD same old way using NET Banking. I am attaching image for your view. Let me know if there is any specific issue you face in creating "SWEEP IN" FD.
@Jai Jai Pratap कल मैं अपने बैंक में जाकर फिर इस पर पूछताछ करुंगा,यदि यह सब हो सका तो आपको धन्यवाद भी करूंगा क्योंकि मुझे अधिक ब्याज भी मिलेगा और सुविधा भी । मैंने इस बारे में शाखा प्रबंधक से कहा था, जिसे उन्होंने मना कर दिया,अब मैं स्वयं यह करके देख लूंगा। जानकारी देने केलिए धन्यवाद 🙏
190.12. MVP| Link| Bookmark|
December 7, 2023 7:36:00 PM
IPO Guru (1500+ Posts, 1100+ Likes)
@Jai Jai Pratap May be you right, my guess is all amount in saving account is blocked in Sheetal IPO, that's why sweep in option is disabled. I'll check that again after allotment is put for sheetal.
@MITTALSir, Thanks for your kind words, happy to help all members here and also happy to get help whenever required.
Sir, you do not even need to go to bank. Please check the image I posted in my earlier message about how to create "SWEEP IN" FD. I just created one and posted that image only. So please try that method first and let me know how it goes.
@aryan sa Sir, definitely I remember our conversation, IREDA was a superb listing and I also exited my other lot at 64 (100% profit). Will see it's movement in coming months and if comes down around 50-52 range then will buy it back for long term. If it goes up then also I am at peace, got whatever God granted me in this.
@MITTALमित्तल जी, आपके इस कमेंट के बाद मेरा आपके प्रति सम्मान और बाद गया है 🙏। आप अपने लिए बैंक ना जेक दुसरो को ये समस्या ना हो इसलिए जा रहे है, यह आज के ज़माने मै बहुत बड़ी बात है।
@Manikj IRCON is on its way for retail investors tomorrow. A very sad story of Investors in IRCON. IPO in Sepr. 2018 at Rs. 475 apiece. Listed at I remember 410. After 5 years coming at a floor price of Rs. 154 apiece. In five long years investors are disappointed. In December 22, lowest was 48.80 and this December 23, 179.90 on BSE. Every thing available in black and white. No need to say any more. Take due care of your funds.
@Ankur Goel@P for patidar@crsl Sorry through oversight I could not reply in line. I was irritated by its listing. I had not applied. Thanks for correcting me. For learning, SKY IS THE LIMIT.
470+790=1260 ya ni all most 1300 lag ta he kya yeah 1300 pe khulega ....
Comment your view......
I personally don't think so...
185.1. MuStrFc| Link| Bookmark|
December 7, 2023 6:31:02 PM
IPO Guru (3000+ Posts, 2400+ Likes)
Agree with you, getting very difficult to sustain such premiums. Ideally should list around Rs 1000- Rs 1050 but surprises exist and so does the markets.
Let's Discuss some Negatives ane Positives about the company : DOMS INDUSTRIES Ltd.
Negatives : 1.Its a Joint Venture between Rajani Family and FILA ( Italy ) . Shareholding of DOMS Post-issue : FILA : 30.59%
Promoter Family : 44.38% Public and Institutions : 25.03%
Any issues in future about claim or rights on the company may adversely affect the business Like It was done between Rorito and Reynolds in 2020 , The business collapsed like anything
2.Other Peers like Luxor are aggressively expanding in its segment and going to compete in near term Luxor's Revenue is expected to be 900 cr in 2024 .
3.Valuations are on extreme side Post-listing . Seeing the premiums It will be at a PE of 70 Post-listing which is higher than Cello .
Positives : 1.Using the Money raised in Fresh Issue it is going to build one of the largest manufacturing facility globally for Highlighters , Additional Capacity of Pencils , Crayons and other writing instruments
I personally think the Revenue potential post building this factory and margin expansion in this fiscal itself is being discounted by pricing the issue aggressively
Maybe it can clock 2k cr Revenue in 2025 itself with a PAT of 240 cr Which brings its PE post listing at 31
2.This Industry was dominated by Hindustan Pencils ( Apsara and Natraj ) before Covid but now it is DOMS Domination in leading markets , Also Kids and Students till 5th class prefer DOMS over any other due to its fun packaging , Premiumisation , Vibrant Combinations etc.
So I am going here just for listing gains For me Fair value of DOMS Stands at 32 Times FY 24 Earnings Which comes at 820 - 840 Can expect this stock getting traded like Aeroflex.
Sorry for off topic. As per zerodha pvr Inox is a small cap company and its market cap is 16900 crore. But it is in f&o. Can a small cap company be in f&o? Just curious. I almost never buy stock futures.
180.5. MuStrFc| Link| Bookmark|
December 7, 2023 5:50:21 PM
IPO Guru (3000+ Posts, 2400+ Likes)
@investormahesh if PVRINOX fulfills all the criteria wrt to delivery, market cap, volume, sigma, and i think it is among the top 500 companies, so it will be included in f&o segment
While waiting for IPO season to start next week, I may like to draw kind attention of Members about Govt. Companies of ours country as a whole. This is very good aspect of Indian Share Market. Discussion on such Companies which is called PSUs is not taken into consideration for discussion. PSUs have great contribution to the Share Market. No doubt investors suffered a lot in many companies. There are about 80 PSU companies in different sectors of our country. These companies have very good Market cap. As per information available, there was 23 lakhs crore Market capitalisation of these PSUs at the end of 2022. The year 2023 gave very good appreciation in these companies. 17 companies gave more than 100% appreciation during this year. Upto 06.12.23, the Market Capitalisation of these PSUs increased to 32 lakhs crores. A great significant story. Many more PSUs are expected to come with OFS upto 31st March, 24 to meet the Budget disinvestment target. One is already in progress. I may please be corrected wherever I am incorrect. I believe in: **LEARNING IS THE ONLY THING THAT NEVER FAILS**.
@ PKRAJ & investormahesh Sir , Thank you for the response. Mcap of the mentioned companies have pronounced as you have mentioned .But there may be some other company ,/companies who may have been larger beneficiary by virtue of investment (dividend & price increase ) in PSU shares.
@ Investormahesh Sir , I am happy to note that you have taken keen interest in this subject and have done a lot to increase our knowledge and understanding . Now, it's time for extending works as to the companies which have larger number of PSU shares in their portfolio and thereby got benefitted. Kin kinko pass var var ke PSU share he O bhi dekhna zaruri he ! Thank you,
HDFC mutual funds used to have high weightage of PSU stocks. May be now also. some amc s have dedicated PSU schemes. Schemes dedicated to dividend may also have high weightage of PSU stocks. Also cpse ETF. But at this stage it may be risky to invest in PSU stocks