Total No. Of Share 33.5 FII can buy 4.69 (14% of total Size) IPO size 19.5 NII&RII 9.75
Assuming out 9.75 share only 60% will sell Hence 9.75*0.6 will sell on listing day i.e 5.85 I assume DII will not sell due to high subscription Even 60% DIIs are Anchor with lock in period of 1 Month.
So Seller 5.85 (Max.) FII buyer 4.69
If Retails are not in hurry to sell shares than price will Shoot.
Answer depends on various Questions. 1. Will FII buy this on listing and at What Price? 2. As most of retailers have sold and applied you will see a selling pressure on Day 1. As Brokers are bound to settle their grey deals on listing day itself. 3. We can''t see this at 170 odd levels in very near future due to markets volatility. Perhaps several factor collectively decide its price. Going through grey rates listing should settle around 130 levels.
One thing should I knw.plz expert comment. Why fill sold their holding 93% to 35% and now again they want to buy share for incremental holding 35 % to 49%. Hence they also do their holding reduce in ipo tme to 49% means 93% t0 49%
748.4. Eagleye| Link| Bookmark|
April 9, 2016 4:25:26 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Grey is now 19/- per share
748.5. Eagleye| Link| Bookmark|
April 9, 2016 4:31:36 PM
IPO Guru (6600+ Posts, 22000+ Likes)
requested pinky jain would u please explain how the bank fill asba form first they see account number than sign than fill pan number than dp id than application number than fill rest of the detail...if some mistake gone than form will rejected..
Sooper Pinkyjain. Nice to see you back. After Pushkar days, there were no msgs from you.
1. What to do with PUshkar. I can hold as long as there its going continuously green. But what would you expect the target in 1-2 months time fram and 1 year time frame.
I believe the price will not shoot becaretailers have not seen IPO profit after last year. So their psychological attitude will be to book profit by selling. Still, only new bees will sell on seeing money, the experienced will hold on.
744.1. Eagleye| Link| Bookmark|
April 9, 2016 2:57:19 PM
IPO Guru (6600+ Posts, 22000+ Likes)
April 13, 2016 – Finalisation of Basis of Allotment April 18, 2016 – Unblocking of funds from ASBA Account April 20, 2016 – Credit of Equity Shares to demat accounts April 21, 2016 – Commencement of Trading on BSE/NSE
Seems fii never in hurry to start buying on any much hyped ipo like equitas , they waits for exit of weaker hand or settling at lower labels or around ipo labels
If FII''s buy 14%, then how much shares are that 14%?. On supply side there can be(assuming qib''s who are allotted don''t sell) Hni''s quota 2.97 Cr + Rii''s 6.93cr = total 9.9cr.
Very good question.. exchange get information on FIIs buy once it 49% the exchange info the required part
741.2. Eagleye| Link| Bookmark|
April 9, 2016 1:06:25 PM
IPO Guru (6600+ Posts, 22000+ Likes)
With this IPO the FII holding will drop to 35% ... Therefore upon listing FII can make fresh buying upto 14% of the total outstanding shares to bring their holding upto 49% of the equity
Equitas definitely looks good but buy and hold doesn''t always work. You will still need to keep urself updated about the management and company''s progress. If someone bought Punj Lloyd 10 yrs back (even big companies like Tata Steel) and just held them, he would be pulling his hair.
739.2. Eagleye| Link| Bookmark|
April 9, 2016 1:09:08 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Dear Friends, I am happy to discover that some of you are really knowledgeable and highly professionals in IPO field. I have some questions. (1) how to create additional DMAT accounts with different PAN so that so that in good issues we are allotted maximum shares? (2)Which broker is best considering annual service I am based at Ahmedabad) (3) How to assess an IPO ? In quick heal even though most experts recommended it, it fared very poorly and investors suffered heavy losses. (4) Sometimes our relatives apply on behalf us without our knowledge.(They manage to open a DMAT account including bank account !). Becaof this both applications get rejected and we suffer loss. We even do not come to know that our application is rejected due to duplication.Can anybody guide me regarding this issue ?
737.1. Septa| Link| Bookmark|
April 9, 2016 11:40:55 AM
(4000+ Posts, 4600+ Likes)
1. same as you opened the first one call any broker they would help you then u can link upto 5 demat account to one bank account remember each demat in each individual PAN 2. At present i find zerodha best in regards to fees and commission. Chittorgarh has a link in its menu which compare different broker 3. It is art and science over time you get to understand. 4. Check your KYC and find out when and how many time it is used. Also Contact Income Tax department and send letter to the nearest Income Tax officer. They will keep check of who actually uses your PAN card.In 99% of cases, it can''t be misused, becathe culprit will have to make fake signature when signing on documents.
737.2. Septa| Link| Bookmark|
April 9, 2016 11:41:39 AM
(4000+ Posts, 4600+ Likes)
With regards to Pan if you have issue u can always cancel and apply for new PAN
Thanks a lot Septa. But I do not know how to check my KYC. Moreover I also do not know how to check how many times it is used. Can it be done on Net? Which web site?What are the steps ?
You can contact the registrar of any IPO issue to check if your PAN is being misused. In case of a duplicate application, you can formally lodge a complaint in writing.
The registrar should have a compliant dept to handle such issues. After the Sharepro case, I guess they will be more alert.
The registrar for Equitas for Karvy. Check their website for any such dept contact details.
Dear Ashok mehta 1. You should open demat account your realativ like mother father brother sister & manage self i have also managed 5 demat my relativ
2. Brocker think samco theek rahega waki aap khud bi recharch kar sakte hi
3
3 jaha tak Quick heal jaise ipo ki bat hi to dear issue me sabse pahle valueaction dekha chaiye Quickheal issue over priced ta ha as a company Quickheal is a good compnay but iske glowel peer jo hai 12-16 times pe par trade ho rahe te but Quickheal bahut mangha ta so bro koi bi new issue ho oska valueaction jaroor dekhe
4. Bhai apne relativ se to aapko bolna padega ki without your parmisan koi bi trade na kare
736.1. Septa| Link| Bookmark|
April 9, 2016 11:25:15 AM
(4000+ Posts, 4600+ Likes)
it also depends on pricing if they come with right price then both will hit if both r pricy then both can be dud let us wait and see. However given Dr lal success thyrocare will be market darling
736.2. A.K. Goyal| Link| Bookmark|
April 9, 2016 2:11:46 PM
Top Contributor (300 Posts, 100+ Likes)
Septa sir, Dr lal is different than thyrocare, Dr lal has market reputation and test price is on higher side. Thyrocare doesn''t have market reputation about test results. Also thyrocare price is very less sometime it is difficult to believe that they are actually doing the tests of giving fake report.
A K Goyal if that is case then it would be better bet to hold thyrocare given even with cost billing cost they still making money. BTW the variable cost per test run in few case and in some case it is a low as few paisa.
In regards to thyrocare reputation i disagree given the awards they have won in this field
733.2. Eagleye| Link| Bookmark|
April 9, 2016 10:59:01 AM
IPO Guru (6600+ Posts, 22000+ Likes)
Superb... now that you have the DRHP of both the Companies .. you can get the answers to to all your questions about the financials of these companies ...
732. PSR| Link| Bookmark|
April 9, 2016 8:50:27 AM
IPO Guru (1300+ Posts, 700+ Likes)
728.2. Abhilash.L.S.
Please ceck the BSE website. SBI routing the applications through BSE.