Dr. Lal PathLabs Limited IPO Message Board (Page 13)

Can anyone please confirm retail subscription for both NSE and BSE

This may be best IPO of this year. The company has good margins.. expanding aggressively.. People trust this.. Most importantly.. there can never be slow down in this industry..

Nashirul ji , what about NH ipo , which will open 17th Dec @240-250.

Without reading some summaries I don''t comment. I only apply after reading the RHP on my own.

I will put a comment on 19th or 20th on the board.

I didn''t subscribe but the issue went well so far & hope the investors in Dr lal to make some money!

An indicative timetable in respect of the Offer is out below:
Finalisation of Basis of Allotment with the Designated Stock Exchange December 21, 2015
Initiation of refunds December 23, 2015
Credit of the Equity Shares to depository accounts of Allottees December 28, 2015
Commencement of trading of the Equity Shares on the Stock Exchanges December 29, 2015

BSE DETAILS

10 Dec 2015 | 02:11:33 PM
Sr.No.      Category      No.of shares offered / reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)      2320000      11684560      5.0364
1(a)      Foreign Institutional Investors (FIIs)            3593300      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            8054540      
1(c)      Mutual Funds                  
1(D)      Others            36720      
2      Non Institutional Investors      1740000      7678640      4.4130
2(a)      Corporates            148320      
2(b)      Individuals (Other than RIIs)            7530320      
2(c)      Others                  
3      Retail Individual Investors (RIIs)      4060000      7369040      1.8150
3(a)      Cut Off            6885120      
3(b)      Price Bids            483920      
4      Employee Reserved            0      
4(a)      Employee (Cut off)                  
4(b)      Employee (Price)                  
5      Reservation PortionShareholder            0      
5(a)      RPS (Cut off)                  
5(b)      RPS (Price)                  
Total      8120000      26732240      3.2921


NSE DETAILS

Bid Details for DRLAL as on 10-Dec-2015 14:16:01 IST
Sr. No      Category      No of Shares
offered/Reserved      No of shares bid for      No of times of total meant for the category
1      Qualified Institutional Buyers(QIBs)      23,20,000      5,42,11,460      23.37
1(a)      Foreign Institutional Investors(FIIs)            4,54,91,260      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            47,86,240      
1(c)      Mutual funds            15,00,680      
1(d)      Others            24,33,280      
2      Non Institutional Investors      17,40,000      3,62,57,660      20.84
2(a)      Corporates            1,50,45,060      
2(b)      Individuals(Other than RIIs)            2,05,48,520      
2(c)      others            6,64,080      
3      Retail Individual Investors(RIIs)      40,60,000      47,17,660      1.16
3(a)      Cut Off            41,02,760      
3(b)      Price bids            6,14,900      
Total      81,20,000      9,51,86,780      11.72

When this IPO will list in the market?

An indicative timetable in respect of the Offer is out below:

Finalisation of Basis of Allotment with the Designated Stock Exchange December 21, 2015

Initiation of refunds December 23, 2015

Credit of the Equity Shares to depository accounts of Allottees December 28, 2015

Commencement of trading of the Equity Shares on the Stock Exchanges December 29, 2015

The Founders and existing Shareholders of both Alkem and DR Lal have been richly rewarded with liberal Bonus Issues. Bonus Shares constitute 98% of the current Equity of both the Companies. one has to wait and see whether these Companies will reward the IPO Investors in the same manner.

Fully agree with you. Same for Indigo too. Let''s hope they reward well to us investors in their DEC ending quarter.

Dr Lal Over subscribed Approx 7 Times ASON 12:30 Pm
Alkem Over subscribed approx 10 Times ASON 12:30 Pm

another in interesting Info alkem has more interest from smart money (HNI category) 5 times more then Dr lal

that has no increased to 10 times in favour of alkem smart money is betting on Alkem

I am not applying for this IPO however those who r applying some good info FII have taken a lot of interest in this issue... which IMO is good sign for listing gain at least from past records of IPO. Best of Luck

Thanks Septa ji..
I applied Dr.Lal ipo 3 lot from 3 different accounts.

Septa ji,
Can you tell me how can we say a stock is good/bad based on its p/e ratio?

I disagree with people commenting on Dr Lal Path lab and comparing it with coffee day. i agree to what Rajeev has said. I understand that the issue may be on higher side but see the logic as mentioned below.
1) Anchor investors are of good repute - you can find Global names in it.
2) The company is not loss making and growing at 18% 2 yr CAGR which means it will double in revenue in 4-5 years.
3) This is offer for sale with none of the investor exiting completely from the company. You can consider this IPO more of a Valuation excercise rather than sales.
4) The company has ample cash in its books (Rs30cr)
Lookinng at above, i think it make sense to have a look and invest in this IPO.
I would rather prefer to compare it with Jubilant food works model than with coffee day !

900-1000 kostak

Don''t apply in this ipo. U may add after listing
Alkem is a safe bet..

Agree, Alkem Laboratories Limited is safe. Dr Lal PathLabs is very risky bet.

HI
PINKY

PL DONT MISGUIDE

YOU WERE NOT INVITED TO PARTY OF DR LAL PATH LAB
WHY ARE YOU CRYING

Septa, asking ur view. HDFC Sec IPO say my IPO application successfully executed on second day itself when the subscription is still open. Successfully executed means I m sure to get? Its for both Dr Lals and Alkem.

It means they successfully applied your IPO application for the IPO. It has gone to the registrar of the issue who will process in one week and let you know whether you got allotment or not.

no rajesh its means u r eligible for lottary if it is oversuscribed not confirm allotment

Lal will be proved another coffeedays.....

I would request all board members to write stuff which is relevant and not misguide people by comparing companies without research. People may be depending on ur or my comments to put their hard earned money into it. Just don''t write for the heck of it.

for me this like Manpasand beverages great story but big competition from un organised sector. FII interest in both this stock have been high. CCD is losing company with fractured business model with interest in un related business. Dr lal on the hand is good business model with very very high margin but at the same time Steeply valued that is reason i am avoiding

Both Dr Lals and Allen would have decent listings as its a matter of demand and supply. Demand is more but supply is limited and more so ever in Dr Lals case till today. For some keen Kumar''''s who are shouting at the top of their voice to avoid Dr Lals may very well be surprised by Dr Lals listing on listing day. Let''''s hope for the best for all the people in both IPOs. May everyone win.

I don''t agree. Demand and Supply are not the only condition for applying for IPO. Good Fundamental is must. Even current Market condition will let us know whether we go for it. Earlier PowerMech was oversubscribed, but due to bad market condition, it went down more than 15% on list day. Even after several month, it''s trading below IPO price.

Is it Alok? Tell me one thing. Would a fairly knowledgeable person apply in a fundamentally poor IPO? If he does its his risk. Secondly, Powermech did give enough of opportunity to its investors to exit in profit. Just check charts. People who were smart actually made decent profit. But yes of u missed it then as of today it would be a loss. Although, fundamentally its a good company with huge future potential.

Indigo : promoter taken money from company as divided n then infmoney in company by IPO

Dr. Lal n Alkem : promoter selling their stock directly by IPO

method is different but purpose same

according to many analysts indigo was highly priced but still it move very good after listing

I think both the ptomoters getting fool to the investors to achieve the benefits of listing gain.

Only apply if u have heart to gain or loss. Do not rely on other people comments. I have applied for Indigo and got 180 shares which i sold at 1100/-. Similarly alkem will touch 1500 in few weeks. Market may be in bear mood but it will come out of woods after 19 dec. 2015

Lol...after that,us fed starting raising rates so fii seeing attractive in us,starting massive pullout of funds from india creating more panic later too....

I feel the massive pull out in the market is already factored in as exchanges are being continually corrected since the past week...today being the 6th day on a continued decline. The 16th FED decision might have limited impact on our markets.