Emcure Pharmaceuticals Limited IPO Message Board (Page 2)

​@Hrishikeh One can expect

SENSTAR to be floated soon.

It is Ahmedabad based company specialising in plant based (mainly corn 🌽) products

The IPO comprises fresh equity issue of up to 40 million shares and an offer for sale of up to 8 million shares by the selling shareholders.

Retail portion will be 35%

​@Chhote Lal Is It A Peer Of TBI Corn?

I don't think there will be any mainline IPO until budget. We can expect ipos after July 23rd.

Kal 1360. Aaj 1361 kal 1362...

​@Chhote Lal Well said and I totally agree with you. One has to build own conviction to hold for long term on some of the IPO to create wealth.

Some of the wealth creation IPO allotment for me.
1) DMart - Allotment Rs:300 Exit Rs: 3200
2) Dixon Tech - Allotment: 353.20 ( Split adjustment price ) - still holding and added some more
3) IREDA - Allotment Rs: 32 - still holding

Some of the wealth creation IPO alloted but exited early
1) HAL : Allotment Rs: 1190 - Exit Rs: 1207 ( after 2.5 years )
2) Kaynes : Allotment Rs: 587 - Exit Rs: 788

HAL allotment price is without bonus or split adjustment.

Yes sir. But during ireda there was a gaint Tata tech was also begun its run. I have applied for the both and didnt get anyof those. So bought on the listing day itself. One has occured loss(tata tech) and other(ireda) is in the profit and still holding. Even though i didnt get any allotment i have bought few ipo stocks on the listing days by seeing the msgs in this group.
Happy to be part of this group.🙏🙏

Yes sir you are correct
maine 2016-2017 se acche se start kiya tha mera pehla IPO endurance technology tha uske baad 2017 mein Dmart mein 45k ka profit hua uske baad jaise jaise samjh aayi maine profit mein se kuch share rakhne shuru kiye
Dixon mein mujhe 8 lot aaye the par sab pehle day sale karta gaya uske baad aaj bhagwan ki kripa se or is site par chat study krte krte maine Kaynes Netweb Syrma Nazara Route Tata TECH Zomato MTAR Clean Science GR Infra IRCTC Harsha Inox Vishnu Prakash (VPRPL) and many more (10-15 Script) sabke 1-1 lot apne profit amount se hold kiye jisse aaj portfolio 74% plus hai
Thanks to many people who always share there valuble inputs here

Yes, it is good to hold shares for long term.

​@Chhote Lal I actually did not deep dive into this appraoch but on a high level analysis I felt it may not work for following reasons.

1) While hindsight it looks a better option, but what is the data suggesting pre-covid. Because if I had to follow this approach lets say starting 2022 then I would have looked back at data prior to that.

2) So now since we have this data, assuming moving forward we implement this startegy and keep for long term, what could happen if markets move side ways for an year or so or even a correction (which could be due as per some). I do not think we can only take positive bias in investing ignoring our preparation for downside.

3) And this is the most important point I felt where this startegy may fail for most investors.
Suppose I have 20 lakhs & I am a bHNI investor and lets say that I have got allotment in 8 IPOs in 6 months then all my 20 lakhs is gone and have no money for further IPOs. Also, with each alloted IPO, my 20 lakhs will get reduced by about 2 lakhs which also reduces my capability to apply from same number of demats...and I have to keep adding funds to sustain same number of applications.
May be a person with 1 crore+ and just 1/2 demats may not have this issue for considerable period of time.

Having said that, I am more than happy to learn anything I am missing here. Thanks.

​@Esparando There is absolutely no need to get struck with someone's specific strategy. One can always maintain different portfolios categorised into long term (never sell type), medium & short term ones (buy low-sell high, swing trading and funds rotation) and also one for listing gains etc. Sorry, not responding as per your points and no recommendations here, but all I can add is that one should make own grand plan and follow the road map developing own conviction. If you study index, sensex or nifty or bank nifty - there is only one direction eventually - ⬆️ upwards - despite few hiccups now and then. Events like covid and war are testing times and infact opportunities to accumulate. Power of compounding works best only in long run.
Happy Investing !

​@Chhote Lal But do you think it is going to be easy for huge majority of the people who have limited funds to hold on to IPO alloted shares for long term ? I mean, how are they going to balance the shortfall in their capital due to allocation...which is needed for further IPOs. It is not about strategy but I am talking about capital constraint.

Do not get me wrong, I am not at all trying to say your thought process is wrong. May be it is working for you. And you are one of those who is very active on the board to share your knowledge. Appreciate that.

My approach to markets is... Out of 100% equity allocation, 40% MFs, 20% direct investment into secondary markets, 40% into IPO market. I generally try to stick to this but when markets correct I try to deploy some part of my IPO funds into secondary market.

May be in future if I hit a bump with this approach, may be then I may think of chanigng the approach. But so far its been fine.

Again, it all depends on what return on capital a person is expecting. While the returns may be close to 40% CAGR in this bull run, long term I am only expecting 18-24%. Would be glad if I can touch the upper band for a decade or two. Legend Rakesh Ji says, at 24% CAGR you are king :-)

​@Chhote Lal  Holding 1 retail from my mother ac aur mene listing pe bhi buy kiya tha @50 usko 200 me sell kar diya after 2 month of listing swing ke liye wapas @176 pe buy kiya wo bhi abhi hold he.. IREDA is my wealth creator nov 2023 I have only 1-1.5L my owbn capital now I have 5L+ (Realised ) + 1.5L unrealised..
Mazgaon dock mila tha 30% pe nikal gaya usss sabk leke hold kiya IREDQ

Kaynes Tech got 2 lot 1 sold at listing 1 sold at x3 +

But but ab me bahut hi kam ipo hold karta hu max to max 1Q lya listing gain leke capital build karta hu aur high conviction high risk me bhi thoda dalta hu
My first sme investment ~ Thaai Casting 1600Qty. @145 - x10 se pehle exit nhi lunga

And I dont. even count this x9 profit in my capital bcz me minimum 1-2year aur hold karna chahunga

​@Chhote Lal ji
Certainly not off topic.. Investing is 20% knowledge and 80% behaviour. Yours message is profound. I can very much relate with my IPO investment since TCS. Contrary to experts opinion, I have found my IPO journey extremely enriching and rewarding both in terms of knowledge, behaviour and wealth creation. Also, decision making is much easier as we get loads of information and analysis on the offering company as well as its promoters. Most of my multibaggers (wealth creators) have come from IPOs and time invested in those cos. Sometimes most unexpected exponential returns (40x in less than 4 years) can come from unexpected quarter in the form of Mazagaon. :)

Just stay the course with good companies and simply avoid the average Companies.

Ok got it, respecting @Chhote Lal Ji, now onwards will be holding more or less for Rs. 1000 worth of shares of every IPO i alloted

​@Chhote Lal One last observation.

While you are right about markets always in upward trajectory with some hiccups like 2007, 2016, 2020 years... and this is an Indian phenomenon, its across the globe.

But the whole point is, we do not buy sensex, nifty or bank index... we buy stocks and stocks that boomed in 2007, many disappered, some hugely underperformed and some did great.

Almost entire pharma, almost entire tech, almost entire private sector banks, almost entire FMCG stocks have relatively under performed markets post covid.

So yeah, while it is very easy to say after 4 years in to bull market post covid, I want to see how many really advised this around 2021-2022.

And I am not against holding IPOs for long terms, but you have to be really convinced that you are not seeing a better opportunity in secondary market. The valudations at which these IPOs are coming at, I do not that value.

I feel even IREDA chairman would be super confused looking at his stock price, else they would not have quoted IPO at 12% of the current price just 8 months back.

Anyways, this was my 2 cents but if something is working for you then you should always follow that. All the best!

​@Esparando Thanks for your wishes 😊

Thanks to everyone who shared their views 🙏
Few more points to ponder :
1. There is periodic review of constituents of bench mark indices. Counters that are non performing are made to exit and few promising ones from queue are added. One should keep reviewing own portfolios too.
2. Have reasonable expectations from market. How about keeping target of beating the indices !
3. Invest in multiple sectors and not just in random shares.
4. Consider multiple streams of income generation. (Not just from markets, unless you are a trader)
5. Focus on capital protection rather than wealth creation.
6. Keeping Patience, maintaining discipline and keeping yourself abreast of happenings/events are few of traits one needs to follow.
7. Don't be 'lakeer ka fakeer' (too rigid about your approach). No body can predict future. Mistakes do happen. Keep timely corrective action.
8. Most importantly, do not run after money. Enjoy what you do.

Best Wishes 🍀

Thank you very much sir for sharing your observation and experience. I am learning a lot, thanks to the valuable sharing of thoughts obesrvation and analysis on wide ranging issues, from the seniors. Thanks again to you and other seniors.

Same question

HDFC BANK @Rudra K .

IND is ok..i am using it and getting allotment also..

​@Esparando I am also planning to open Indusind account through offline. If you don't mind, let me know what type of account opened and it's intial funding. Why did you shift from IDFC although IDFC has cut off time of 3.30 pm

​@Tejas Pandya You are getting allotment 'ALSO' ????? You being so modest buddy :-)

But thanks for the confirmation buddy.

​@KGSKIPO IDFC relatively is better than any I have come across.

I need to run multiple accounts of my family and IDFC has a 1-1 mapping b/w mobile number & account (so is the case with Indusind). So to avoid calling up my family members for OTP, I have to find another decent bank with decent interest rate. And I felt Indusind Sweep in - Sweep out (applying IPO against FD) is a nice one.

I still use IDFC though.

The account I opened is Max multiplier but the names keep changing. Check for this sweep in feature.

If you plan to or whenever you open Indusind, make sure you do not put all amount into 1 FD. So for example if you plan to apply for bHNI then have 1 FD with 8 lakhs and another with 2.15 lakhs in the same sequence. The last FD breaks incase of allotment.

This way you can safe guard your over all interest rate.

Please check with Indusind bank, I heard they have a new Sb account where 6.75% is given if amount is above 5 lakhs (for entire amount).

But if you have only 1 account then IDFC is no brainer. I love the user interface and also the 3:30 cut-off which comes handy sometimes.

​@Esparando  Investor category IND is ok
I am using Indusind bank net banking from last 5 years
Allotted 2 Emcuare allotment from indusind bank.

​@Esparando Thank you for your feedback. I have a joint account in IDFC and it's interface is very good. My concern is putting all money in one bank.

Don't forget to click cutoff

​@nikhilsanklecha You mean to make sure 'Cut off' is not selected incase of HNI (above 2 lakh in case of mainboard & more than 1 lot in case of SME) ? Yeah, I make sure the check box is not selected.

Not sure why the brains behind the design cant think of such small things for user convenience. Look at IDFC, everything is prefilled. We just have to enter quantity and select the check box (agreement) and boom you go.

Indusind should atleast copy from banks like IDFC if they can't think on their own.

​@Esparando  I wanted information about IDFC first bank, can we use FD for applying IPO? let me know what kind of FD is to applied online if we want to use FD for applying IPO.
I am aware about icici bank- we need to create money multiplier FD for applying IPO with FD.

Yes stuck @1360 dont know. I think low volume.

​@Crow Sir, I have now started following your strategy, taking out the principal and let the profits stay in the stock.

Sold 10 shares at 1376 and holding the rest 4 shares.