Dynamic Cables Limited IPO Message Board (Page 6)

subscrition details ????????

retail - 3.36 times
total - 3.1 times

DONT GO BY GREY MARKET
LOOK AT ZODIAC ENERGY
100 TIMES SUBSCRIBED
STILL CLOSE IN DISCOUNT
STAY AWAKE AND ALERT

Zodiac Energy
Issued @ 52.00
Opened @ 62.40 &
Closed @ 51.10
Be Careful

This one is risky. I am avoiding. Better to no return rather than having high risk, low return.

13000 Rajkot

Was initially thinking to apply for the issue, but after knowing about the litigations and tax issues, I am avoiding it clearly. Also I didn''t get good response from my Jaipur investor friends about the company''s promoters. Everyone has a different take and risk level, so take decision accordingly.

very confusing & negetive news around the company.
Hem securities itself is the minus point for this ipo.

Hem securities is not the issue.
Concern is Company management is not clean and have got into various litigation and tax evading issues. I agree company is doing good on financial front but the negative things can not be ignored. Just a news of income tax raid and it will be in lower circuits for days and you will lose all your money.

@GreeDisGood yahh, its a spoiler light...

@Ashish Khater .......BSE site link to download the applications forms :
http://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=1483&type=FPO&idtype=1&status=L&IPONo=3556&startdt=12%2f4%2f2017

@ Thirsty Crow.

Thanks for the reply. But I have to apply by submitting physical form at the bank. So for downloading blank form I think we have to select category "OTHER", after selecting non-repatriation. Is it right or wrong??

@DHAVAL DR ...
You can download online filled application form and submit physically to your banker or download blank form and fill manually but select category ''Individual'' only for both

Oversubscribe more than 50 times

which calculator are you using??

Which is best bank for 5 application online more interest rate

Seems risky..

Issue subscribed on First Day upto 5PM

1      Qualified Institutional Buyers (QIBs)      -
1(a)      Foreign Institutional Investors (FIIs)      -
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      -
1(c)      Mutual Funds      -
1(D)      Others      -
2      Non Institutional Investors      32,34,000
2(a)      Corporates      3,00,000
2(b)      Individuals (Other than RIIs)      29,34,000
2(c)      Others      -
3      Retail Individual Investors (RIIs)      17,25,000
3(a)      Cut Off      8,70,000
3(b)      Price Bids      8,55,000
Total      49,59,000

Day1 (at 5PM)
=> Total Subscription: 84%
=> HNI+QIBs Subscription: 110%
=> Retail Subscription: 59%

Other forum members, please post the subscription figures in this format. It''s easy to check.
Thanks.

Isuue subscribed upto 3 PM

Sr.No.      Category      No. of shares bid for
1      Qualified Institutional Buyers (QIBs)      - 00
1(a)      Foreign Institutional Investors (FIIs)      -
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      -
1(c)      Mutual Funds      -
1(D)      Others      -
2      Non Institutional Investors      7,02,000
2(a)      Corporates      3,00,000
2(b)      Individuals (Other than RIIs)      4,02,000
2(c)      Others      -
3      Retail Individual Investors (RIIs)      8,91,000
3(a)      Cut Off      5,85,000
3(b)      Price Bids      3,06,000
Total      15,93,000

Subject to application price of Dynamic ?
Kindly suggest

What do u mean by 12 Fd

How to download blank forms from Bse SME site?? Where is the link?. Please help.

Please help to download the blank forms of Dynamic Cables by sending BSE SME Site Link

This business is highly competitive, requires large working capital and depended on raw material suppliers. Will be difficult to maintain top and bottom line.
Overall a very high risk IPO.
I am not applying.

Thanks less competition

Fully avoid.
Company has 97 allegations and pending court cases.
Very risky, stay away from this IPO.

97 certain legal proceedings and potential litigations including 7 Criminal Litigation on the Company, Promoters and Group Companies!!!!

most of cases are taxation related...

Yes, thats true.
Company has many allegations and pending court cases.
Very risky, stay away from this IPO.

This is active in Grey Market.
Last heard Sub2 is Rs. 15000.

Ky kre is ipo me