🔸Basic Details Date : 7th -9th July 2021 Price Band: Rs 828- Rs 837 Lot Size: 17 Shares Amount per lot: Rs 14,229 Date of Allotment: 15th July Date of Listing : 19th July
🔸Financial Analysis EPS 20-21: Rs 98.31 Book value per share: Rs 411.63 PE Ratio: 8.51 PB Ratio: 2.03
🔸GMP Update: Current Gmp: Rs 300 per share Expected Listing Gain: Approx. Rs 5000 per lot
98. SONMAYA| Link| Bookmark|
July 5, 2021 6:07:16 PM
IPO Guru (1300+ Posts, 500+ Likes)
I''ve 2 demat accounts (Mine and My father). If I apply using ASBA mine and later for my father I do it through his demat account but manadate is my phonepe. My phonepe. Is it valid? He doesnt have netbanking or UPI.
94.4. Grow India| Link| Bookmark|
July 4, 2021 11:35:10 PM
Top Contributor (300+ Posts, 100+ Likes)
You can apply by your phone account by upi but you have to mandate by your father account attached with your phone pe and when you apply your ipo then select your account.
Dear friends don''t expose the secrete of opening the demat accounts of friends and family members.more opening of demat account less chances of ipo allotment.
Gland, Sona, KIMS were all least preferred IPO. But they made good money. So it''s not the tricks of the trade that helps but being really bold and contra.
It all depends on number of times HNI gets subscribed. As of now Clean HNI is expected around 650-700x so in Clean minimum 700 lots HNI application to get confirm allotment. GR Infra HNI is expected around 450-500x so minimum 500 lots have to be applied in HNI to get 1 confirm lot.
Better apply 1 lot retail applications through multiple accounts. Open as many as accounts you can - family, friends etc. Higher chance of allotment and less capital required.
but I am actually looking for something eagle eye madam posts exact subscription figures and based on she gives a very good calculation of GMP.
it is very helpful 1. incase if HNI subscription of good stock like this is less ( less than 20 lakhs) I will be applying in HNI else go for retail full force. 2. based on expected subscription figures I will be applying in retail category in one IPO rather than dividing my investment.
Yes EE used to give good guidance but unfortunately off late she is less active. Hope everything is fine with her. Though both these IPOs will be heavily subscribed for less then 20 Lac try in GMR as Clean will definitely will be much more over subscribed.
In order to get rough estimates of over subscription you can reverse engineer GMP.
@Siva Mallam interest is the interest rate that NBFCs charge to HNIs for funding.
Reverse Engineer to estimate over subscription (Example)
For 1x interest = [price (upper price band) * rate of interest * number of days]/36500 HNI Est = GMP/1x Interest
Current GMP 360 Interest Rate - 8% Number of Days = 7 Price = 837 1x Interest = (837*7*8)/36500 = 1.2842 Hni Expected as per current GMP = 360/1.2842=280.33
Kindly Note in many recent oversubscribed IPOs HNI Cost highly overshot the last traded GMPs causing loss to funding HNIs.
Dear. They bring ipo only for give exit route to investing fund. They offload only 1.5% share . Only fund house exit . I personally know company management''s. In one word super duper ipo
81. Grow India| Link| Bookmark|
July 3, 2021 10:31:08 AM
Top Contributor (300+ Posts, 100+ Likes)
64 hazaar crore ki valuation hai IPO price par agar 30 % GMP count kare to 82000 crore se upar ki valuation ho jayegi.
Huge company. How good is the business of this company anybody explain.