Eris Lifesciences Limited IPO Message Board (Page 18)

Going against Herd mindset, applying for this.
At around it''s listing time, market will euphoric on GST roll out. Can get a decent listing gain.

How can we withdraw our application, submitted 2 application, 1 each from SBI & ICICI.

i CANCELED 1 LOT from ICICIDIRECT and 2 lot from SBI

i CANCELED 1 LOT from ICICIDIRECT and 2 lot from SBI

IN IOB ALSO THERE IS NO PROVISION FOR WITHDRAWAL OF APPLN.

Thanks Shareview.I have already applied this method.But , it needs more funds to Block and is applicable only if the issue is still on.Any other method ?

Rush to the bank manager and ask if anything they can do to cancel else there is no other way.

Withdrew 4 of my applications thru SBI

..............~Eris lifesciences~...........

After checking peers twice i m fully convinced for applying in Eris(earlier decided to skip and buy after listing but now not sure that i can grab near/below ipo price :-)

.......Peers comparison.......

..... Last 5 yr top/bottom line growth

Peers ....... Top line .. ........bottom line.

Glaxo............18%...............(-30%)

Abbott. .........60%...............73%

Pfizer.. .........88%................(-33%)

EriS.. ............89%.................317%


......Hence, none peers are nearer to Eris''s financial performance plus other companies are incorporated 50+ year ago and EriS only decade old.so it is very much possible that eriS will continue to outperform peers in every parameters.


Take 35% EPS growth(least taken)

............EPS.. .....PE
2017 17.61......34
2018 23.80.......25
2019 32.00.......19
2020 43.20.......14

for 2018(this FY) EPS of 23.70 and PE ideal 30

i.e 30*23.8==714
23.8*35===833

So u might see Eris in 714-833 range this yr .

....Listing may hppn near 680/85 (13% up).

Near 1.2L forms reqd for 1x.. .so fair chances of allotment also be there.
Rii possible 3.5-4x appwise.

You​ are really IPO expert.
Thanks for providing analysis on the basis of information.

Qib >25X
NII > 50x. ...
should be more than fine..

Disc. Already applied @yesterday.

At 01.30 PM

QIB ------------- 1.29 TIMES
NII/HNI -------- 0.08 TIMES
Retail ---------- 2.63 TIMES

Total Issue -- 1.20 Times

1 : 30 p.m subscribtion details

QIB : 1.3 x
HNI : 0.08 x
RII : 2.63 x
Empl. : 0.67 x

Total : 1.21 X

V.Poor
As HNI Quota is only 8 % subscribed , Seems like this time also retailors( RII ) have to bear NII Quota like Tejas.😝

Withdrew my 5 applications thru SBI.

Eris apply k avoid???

ERIS LIFESCIENCES LTD
Last updated on
20 Jun 2017 | 01:01:07 PM
Sr.No.      Category      No.of shares offered / reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)      86,17,500      1,11,35,688      1.2922
1(a)      Foreign Institutional Investors (FIIs)      -      1,11,35,688      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      -      -      
1(c)      Mutual Funds      -      -      
1(D)      Others      -      -      
2      Non Institutional Investors      43,08,750      1,37,208      0.0318
2(a)      Corporates      -      9,912      
2(b)      Individuals (Other than RIIs)      -      1,25,952      
2(c)      Others      -      1,344      
3      Retail Individual Investors (RIIs)      28,72,500      47,83,440      1.6653
3(a)      Cut Off      -      42,87,936      
3(b)      Price Bids      -      4,95,504      
4      Employee Reserved      1,50,000      7,968      0.0531
4(a)      Employee (Cut off)      -      6,984      
4(b)      Employee (Price)      -      984      
5      Reservation PortionShareholder      -      -      
5(a)      RPS (Cut off)      -      -      
5(b)      RPS (Price)      -      -      
Total      1,59,48,750      1,60,64,304      1.0072

HNIs preserving funds for CDSL....therefore not much joy here.

As at 12.20 pm
Category >NSE, BSE, TOTAL
QIB > 0+1.29= 1.29(full 1.29 bid by FII in bse, no bid by DII, MFs & Others till now)
NII > 0.03+0.03=0.06
RET>0.81+1.59=2.40

Hudco Mai lagta hai nii ko jyada loss ho gaya hai,isliye funding nahi le rahe hai

ERIS IPO Subscription Day-3 at 12:40 PM      
QIBS 1.2922x
NII      0.0615x
RIIS      2.4573x
Employee       0.6431x
total      1.1604x

ERIS IPO Subscription Day-3 at 12:30 PM      
QIBS 1.2922x
NII      0.0615x
RIIS      2.4363x
Employee       0.6393x
total       1.1583x

IMO,Like ASBA, there should be a separate mode of application for the inveSTARS who consistently apply and then withdraw their applications. Um ...ADW? As in ''Application Deemed Withdrawn''? or ASBW? ''Application Supposed To Be Withdrawn''? ...Howzzat buddies? ..:D

Anytime employee''s had submitted form to broker, it will uploaded only in Working hours

Employees are enjoying flat 60 Rs. discount.
Evenif lists at 5 % discount , employees have nothing to loose. Only retailors have to suffer.

ERIS IPO Subscription Day-3 at 12:20 PM      
QIBS 1.289X
NII      0.0614X
RIIS      2.3586X
Employee 0.637X
total       1.1444X

Its a general public forum. Everybody is right from their individual point of view. Take input as per independent understanding and analytics. This is Primary Capital Market. Becoming equally volatile like Secondary Market. After all, only you are responsible for your action. Dont blame anyone.

application
Eris 250
GTPL 300
CDSL 575-625
AU 925-1025

Eris LifeSciences IPO
Market Estimates of oversubscription: (Revised)

Category-wise:

1X QIB(Net) = 519.64Crs – assuming applications of 10KCrs. = 20X oversubscription

1X NII = 259.82Crs – assuming applications of 25KCrs. = 96X oversubscription

1X RII = 119,688 Forms – assuming 7L forms. = 5.85X oversubscription (applic-wise)
i.e. average 4.10shares per form

THESE ARE THE FIGURES QUOTED BY EAGLEYE ON 12TH JUNE (#165).
ARE YOU STILL STAND FOR THIS FIGURE.

Don''t prove anybody right or wrong.
This is a stock market game.
Every second is unpredictable.
Stick to your own instinct.

Its a general public forum... Everybody is right from their point of view.. Take input as per independent understanding and analytics. This Primary Capital Market.. Becoming equally volatile like Secondary Market..

ERIS IPO Subscription at 12.10pm on Day-3

QIB 1.29x
HNI 0.06x
RII 2.34x
Emp 0.63x
Overall 1.14x

suno sab ki karo maan ki

i avoid this ipo will list at par or discount its not for listing gain