Fine Organic Industries Limited IPO Message Board (Page 8)

I m avoiding this ipo completely
Instead of
I will apply 8 application in varroc
This is my decision
Don't replicate blindly
Take your own decisions

*FINE ORGANIC LIMITED*
*2ND DAY SUBS FIGURE AT 05:00 P.M.*
QIB 0.64X**
NII 0.04X
RII 0.40X
TOTAL 0.39X
**Excluding Anchor
Total No.of FORMS : 46,248
*Apps Wise : 0.33X*

Tomorrow it will oversubscribe in hni category by at least 5× 100% confident apply for it it will gove you 5 % return on listing chances of allotment is very high in rit3s chances of allotment us low.

@KING VINOD
What you doing in Fine organic ipo?

Confusion?
Sell subject to allotment @rs. 1700 to buyer if any

Subscription at 5.00PM

QIB 0.64x
NII 0.05x
RII 0.40x

Total 0.40x

The company is investing in a factory in Germany with 50% participation. Any partnership which does not have clear majority in terms of stake is complex to handle. The idea that existing owners are cashing out with high premium somehow does not inspire confidence.

Sub fig
Qualified Institutional Buyers (QIBs)       0.64X
Non Institutional Investors              0.02X
Retail Individual Investors (RIIs)              0.33X

Total              0.35X

Fine Organic IPO:

I am avoiding this IPO. It is fully priced IPO. Market condition is not favourable. World markets are in fear of trade war. I am not taking risk in this situation in this company. Also this is OFS. Company is not making any money out of this IPO. Money goes to Promoters not in company expansion. When market conditions are not favourable investors see all things. Only OFS is making negative impact. I will wait for listing and results of next 2-3 quarters before make any decision. Though company has cash and market leader in some segments.

It may be for 2L application.

U r next so tulsian..... If u say avoid.... We must subscribe for it

*FINE ORGANIC LIMITED*
*2ND DAY SUBS FIGURE AT 03:35 P.M.*
QIB 0.64X**
NII 0.02X
RII 0.33X
TOTAL 0.35X
**Excluding Anchor
Total No.of FORMS : 36,948
*Apps Wise : 0.26X*

*FINE ORGANIC LIMITED*
*2ND DAY SUBS FIGURE AT 10:45 A.M.*
QIB 0.17X**
NII 0.01X
RII 0.17X
TOTAL 0.13X
**Excluding Anchor
Total No.of FORMS : 17,743
*Apps Wise : 0.13X*

*FINE ORGANIC LIMITED*
*1ST DAY SUBS FIGURE AT 05:00 P.M.*
QIB 0.17X**
NII 0.01X
RII 0.13X
TOTAL 0.12X
**Excluding Anchor
Total No.of FORMS : 14,156
*Apps Wise : 0.10X*

Subscription Figures at 4.30 PM on 20.06.2018 (1st Day)

QIB 0.17x
NII 0.01x
RII 0.12x

Total 0.11x

Rajkot gray price?

No buyers in Rajkot at any price

*FINE ORGANIC LIMITED*
*1ST DAY SUBS FIGURE AT 03:00 P.M.*
QIB 0.00X**
NII 0.01X
RII 0.09X
TOTAL 0.04X
**Excluding Anchor
Total No.of FORMS : 8,456
*Apps Wise : 0.06X*

Both Fine organic and Rites are traded @ 30-35 Gmp.

apply ke avoid

Anchor list out.
Goldman Sachs, HDFC, sbi, DSP blackstock, idfc, Reliance, edelweiss, kuwiat investment, db international, oak wood are anchor investors.

@Medge, anchor is satisfactory. Let us wait for last day, last minute subscription, if it looks impressive then go for it.

Thank You :)

*R.I.T.E.S. LIMITED*
*1ST DAY SUBS FIGURE AT 12:19 P.M.*
QIB 0.00X
NII 0.15X
RII 0.39X
EMP 0.44X
TOTAL 0.16X
Total No.of FORMS : 27,294
*Apps Wise : 0.26X*

S P Tulasian has recommended this issue than it must be avoided,
Is any one knows what is his recommendation on Rites issue ??

spt says avoid this but i am applying

correction spt says apply fine organic and avoid rites