Not even a single bid by FII till now. Unlike before ( when few FIIs used to BID on 1st day itself), they are subscribing at last moment as they cant cancel/withdraw ASBA application.
485.3. Eagleye| Link| Bookmark|
April 7, 2016 12:13:33 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Dear SIP Sir,
FII are NOT ALLOWED to participate in this IPO ... so there will not a single bid by them till the very end ...
Investors were submitting in IPO from smaller towns like Nashik by cheque. After ASBA is made compulsory,there are very few banks assigned for smaller towns and investors not having accounts with these banks in the list....are missing on opportunity to participate in IPO. Is there any way out.it is not possible for every willing investor to have banking account in specific banks....previous arrangement was better,at least small investor could try luck by applying with cheque.
Will you get a confirmation email /message regarding the acceptance of amount blocked in ASBA from the bank after successfully completing the online form..? ?
Someone please help....I''ve 2 doubts regarding filling of ASBA form... First one is-should I opt for cut off price?????? When I login at my brokers site ,it is written that As per the SEBI circular no CIR/CFD/POLICYCELL11/2015,all IPO application form should be supported by ASBA with client signature on the form.... How could one sign on online IPO ASBA form??? Along with online application should one submit physical form to the broker??????? Please clarify.....
YES YOU CAN BID AT CUT OFF PRICE IF YOU HAVE NET BANKING, PLS GOTO NETBANKING YOU WILL FIND THERE ASBA OPTION AFTER THAT GO THROUGH INSTRUCTION DISPLAYED BY BANK
Septa any idea of splitting of Mandhana industries into 2 companies? If true then is there any news of share ratio to be allotted to existing shareholders. Will this be value unlocking for existing shareholders of Mandhana inds?
dear rks, I m impress on equity analysis. good job
474.2. Septa| Link| Bookmark|
April 7, 2016 11:15:12 AM
(4000+ Posts, 4600+ Likes)
I hold this stock there was some rumours going abt this from last quarter Dec 2015 given the MD said more like hinted in a interview however no news have come.... It is one of biggest manufacture of designer labels on contract job and then they have manufacturing textile unit so margin contribution from these two business line can unlock value.
u will still be only eligible for one lot by lottery system if the issue is over subscribed so better to put only one lot if the issue is oversubscribed
Buy GM Breweries. Yr on yr profits have increased 4 times+ bonus declared in the ratio of 1:4,i.e, for every share 4 bonus shares to be issued. Approval of shareholders awaited. Also, dividend of 2.5 Rs per share declared. To be ex-dividend on 08 May. Strongly recommended to buy on strong growth n increased profits as wellas speculation till the bonus is approved by sshareholders. Thereafter the record date of bonus would also push its prices higher. Buy Buy Buy.
Nand kishore if u have checked it at money control then ur info is wrong. Its wrongly displayed there. Logically, how can be bonus 1:54? Each share is 1000. U mean to say u need to have 55000 approx to receive 1 share or for 1 share u will get 54 shares? No logic. My info is true.
Your information is correct. Bonus shares in ratio of 1:4 . Means 1 bonus share for every 4 shares held on record date. Money control displaying it wrongly
473.8. Septa| Link| Bookmark|
April 7, 2016 11:21:40 AM
(4000+ Posts, 4600+ Likes)
IMO There is something wrong in books general NP margin of this sector is around 3% to 7% however GM margin are in excess of 15% which makes me think why gm limbo which a lower end brand has higher margin
Negative news for airlines. APAI the flyers body has written to CCI( Competition commission of India) about the alleged cartelisation by all including Air India of indiscrimanatly raising the cancellation fees to 2000-2500Rs. Expect downtrend tommorow in all airline stocks. The ans by the airlines to CCI to be given by 08 Apr for further hearing.