Eris Lifesciences Limited IPO Message Board (Page 15)

SIR ANYONE TELL ME UNSUBSCRIBED PORTION OF HNI. ALLOT TO RETALIER OR QIB

Hello everyone ,

sir kitne pe open hoga ye eris application Rs603 ki up ya down pls confirm

I have applied yesterday but finally today withdrawn. This IPO is over for me..

There''s no proper mechanism of asking premium. New comer companies are also demanding premium equal​ to or higher PE of well settled companies in secondary market whether it may be 1/2 or below of existing companies both in top line or bottom line.

The real operator who fluctuate the price is HNI. When HNI subscription is low then there is less chances for appreciation as QIb are stable guys. They do not sell on listing day. So we can buy it after listing if seems attractive other wise we can buy 100 other pharma stocks which looks attractive these days.

This Forum has become more of slugfest between those who applied and those who did not apply. Everyone is entitled to their opinion and nobody needs to feel pity for anyone. Finally it comes down to saving your own capital which is outmost importance rather than falling prey to wrong decision influenced by others. It is better to apply in IPOs where gains are 100% sure after lottery allotment like CDSL rather than speculating in IPOs where subscription is not great.

I had skipped SChand even though there was so much hype around as I was not convinced with the financial figures... but have subscribed to Eris with full confidence in all three accounts as the financial numbers seems very tempting.. happy to see others withdrawing application as it will increase my chances a bit... will not worry even with bad listing since this stock can pick up later as I believe market will always appreciate stocks with good financial numbers..

I feeling pity for those who withdraw their application without using mind. Eris is the fundamentally strong company whose total revenue comes from domestic market even they have no bar to raise the drug prices. They provide drugs specially for diabetes, Vitamins and Gynecology. Just think about it if you withdrawing your application and then share list on good premium, what you will do. so isse better ye hoga apna mind lagaye aur loss bhi hota hai to koi baat nahi because its your decision. Regards.

No one denying its a good stock. What everyone is trying to do is to time their entry. I personally expect this to be available below 600.

Don''t make people fool, Look at the subscription figure. Who is going to buy while listing of shares. I agree that company is good but the premium it charged was too much. It didn''t left anything for investors. Even several big pharma companies are available at much better valuations then why people will buy it paying higher premium. While listing there wont be any buyer. only seller seller....& seller. Better one should withdraw application immediately, and let the issue become failure so that none of the promoter would think about charging heavy premium. What SEBI is doing here. How they allow issue of share on such high premium.

At 03.30 PM

QIB ------------- 4.51 TIMES
NII/HNI -------- 0.24 TIMES
Retail ---------- 3.08 TIMES

Total Issue -- 3.11 Times

Figures are bad. But, better than TEJAS.

Hi Maniac.
That was my favorite serial too. Presently it indicates my age. I was under a different pen name b4.
But you are very right. HNI subs doesn''t say much. May be they have different plans, considering so many lucrative IPOs coming up. To each his own.

And yes, you write well.

Flop Show Not Good Subscription

6 p.m Final

(55% QIB) : 4.69 x
(27% HNI) : 0.46 x
(18 % RII) : 3.5 x
(& Empl.) : 0.87 x

Total : 3.3 X


{ Eris & Tejas }

If 54 % unsubscribed portion of HNIs ( i.e 14 % out of 27 % ) allocate to RIIs , RIIs quota may increase up to ( 18 % + 14 % ) 32 % & on listing day if these 32 % RIIs are ready to exit at any cost immediately after listing , again selling pressure can be seen in both IPOs Eris & Tejas .

QIBs,MFs,FIIs,DIIs,NIIs,Brokers and last but not the least Operators will take home these highly manipulated stock at cheap soon after listing .

{ Eris & PSP }

Both companies have strong fundamentals.
High growth higher profits . Both are debt free .
Despite , PSP listed at 10 % discount because of selling pressure and that too in '' T '' group . Now stock transfered from RII to those big fishes and see where it is ... Almost 50 % up.So Eris may be good for long term if pharma sector zooms again but does not seems for listing gain as it is priced aggresively...

It''s real funny when people compared TEJAs and EriS subscription figure and estimate listing gain based on the same.

Are bhai Eris almost 4 times bigger than Tejas .one is 1720 cr other 450 cr.

So Eris 4x i.e tejas should be 16x.. !!

wait for 23 & 29th.

Till then be calm and do YoGA.

@gamble sir
Please shares your view for both ipo in listing day. Your analysis is very useful for us.

ERIS is altogether different company, Debt Free and most importantly its not dependent upon US as other major pharma co.
Clearly Good Business with Good Figures.
One should definitely Apply and also can be hold for longer term.

where are those people say GMP 100?????????
Reply now and give right direction to people.....

Its a market and up / down is bound to happen
In Short this IPO is good, one should apply
Thanks

Sir,
GMP 100 thi aur 100 par kafi trade bhi hue hai
kafi logo ne becha bhi hai,
aap bhi bech sakte hai, ab kya
'' rat ka bhav to rat ko gaya''

Latest subscription figures pls share

Where will u subscribed 55% of nii portion go?

For QIB section against 86 lakh shares, demand is almost 4 times......
Also in retail section 26lakh shares fully subscribes 4 times.
So chances of allotments are 1 against 4.......

Employee section remains unsubscribe....... they were getting 80 rupee discount...... poor employee not utilizing their allotted shares.......

Expecting good listing gains.......

Latest subscription details please

And don''t fear about Eris because this is good fundamental company

another flop show

IF OVERALL SUBSCRIPTION IS BELOW 1 TIME THEN ITS COMPLETE FAILURE. ELSE NOT.

FIGURES ARE NOT ENCOURAGING BUT NOT AS BAD.
STILL APPLY

Please don''t post with out proper knowledge or details.Did you see the robust growth of the company revenue and profits.It may not be fairly priced but people who are alloted will gain something on the listing day.

Eris IPO is of 1700 crores......

And manages the subscription over 3.25 times......

Till 5PM if it can manage 4 to5 times..... then I think good response.......

When nii portion is .45 times subscribed, rest .55 will be allotted to retail or qib? If to retail then can we expect 100% allocation to retail?

@ 04:40
QIB - 4.5039
HNI - 0.4538
RI - 3.3129
Emp: 0.8614
Total - 3.262