If u can withdraw then withdraw... Because on third day even this ipo is not subscribed fully... And this is not negative comment or advice. This is my opinion based on my experience. Choice is totally yours. You may invest here or invest anywhere else. After year it may climb 1000 or more but before this clambering eris will touch bottom somewhat around 250.. that may the right time to invest on eris. AKH rightly argued that face valued Re.1 shares like TCS or any other are doing well... Yes I agree they are doing very well but just check when they launch their ipo what was their offered face value ? It was 10. Low face value means investors are not investing higher. They invested just one tenth means Re.1 per their own share. So what would be the scope of splitting this share in the future? It is not a debate.. if u have faith that you will gain on listing day, invest or if you don''t then wait for the right moment. CDSL, AU, are impressive but fine.. wait and keep patience be smart investor because not all IPO are awesome, there may be trap too. AVOID
201. MINTO| Link| Bookmark|
June 20, 2017 9:31:17 AM
Top Contributor (400+ Posts, 400+ Likes)
Don''t misguided by negative comments. Apply agressively. By 3.00PM you will regret your decision of not applying. Much better company than PSP PROJECT which is also trading at a premium.
199. Chem cho| Link| Bookmark|
June 20, 2017 7:42:47 AM
IPO Guru (2600+ Posts, 2700+ Likes)
Have applied in Retail Quota in all Family members (Eris Ipo ) Not applied in HNI
Yes, better to apply, but getting allotment is difficult as retail only 10%, subsciption of Q1B and HNI is expected to be far greater compared to Tejas. So wait till 2:45 PM and if Q1B and HNI figures are good, apply. Employee portion already subscribed 0.32 times and tulsian has given subscribe rating for this IPO looking at topline and bottomline which is good sign,
Subscription is also to be considered CDSL is likely to be subscribed more than 15 time. Whereas Eris you all can imagine But if we go for allotment Eris has better chance. Chances of gain is not better In CDSL if you get allotment the chances of gain is understood All are knowledgeable enough where to apply Best of luck
@TSK: Eris has 174 crore rupee share reserved for retail where as CDSL has 183 crore rupee share reserved for retail. So issue size for retail is more in case of CDSL.
@Ankur: Thanks, I found that later. It seems Eris has 10% reserved while CDSL has 35%. I thought Eris also has 35%. Anyways, then it looks like they are not confident of there issue getting fully subscribed in retail. :)
Above comments were there in case of S.Chand (Rs 5/- share)/LNT infotec /Lnt Technology/Icici prudential & many more but what happened on listing day ( negative).GMP was good but listing was poor-negative. I do not say recommendation is wrong but it is base on future performance .Why not buy at lesser rate after listing day? Share of S .Chand people lost more than rs 100 per share. Hudco last GMP was 17-20 but what is its current status,it very far from its last GMP .Just AVOID THIS IPO
@. IPO INFORMAR L&T? ...I thought everybody, even L M Naik knew that every L&T IPO is a joke. .L M Naik treats investors like teenage girls, head over heels for a bad, perverted guy pretending to be a priest. So obviously, one feels cheated upon falling for the offer, I mean applying. This one can''t be compared with L&T. What is apparent is a impressive streak of performance with a worry free business model and debt free balance sheet. IMO, the premium is absolutely justified.
186.2. Dot| Link| Bookmark|
June 19, 2017 10:04:52 AM
(200+ Posts, 100+ Likes)
@ maniac : NUMBERS are ravishing & delights the eye or what not.what question of centre is what is MOAT behind those NUMBERS...???
they do have LIAISON with docs...will it continue for 4-5 quarters.... absolutely yes...will it last 4-5 years...i doubt..
one has to decide what kinda relation one wants with this NUMBERS DOMINATED co. Romance : perfect material for gf/bf ( short term gain) Marriage: ??????????
@ 164.2. Dot Marriage sounds perfect to me.True investors must pursue and have this beauty in their '' Stock Harem'' ...:D. and she will continue to fascinate them for a long , long time. Ignore the ones trying to make you avoid this. Its about time we got a clue or two from Chittorgarh''s history. Queen Padmini? and the deadly battle that Chittor warriors fought against Aladdin Khilji just to thwart his attenpt to make her his Queen. :P