King Vinod Ji, Your exemplary n precious contribution to the forum through your experienced, knowledgeable n valuable views with reasoning helps us to choose the right path. We are all indebted and fortunate to enjoy the fruits of the kind gesture n lust to help us with the hardworking yet untiring, time taking n intelligent posts. Analysing the pros n cons of certain issues is not as easy as one may think. But, our forum is flourishing because of our intellectual gems like you, who are so magnanimous n never hesitate to share their insights with the needy. We are all benefited remarkably n drenched wet in the showers of the kindness of our selfless, ever cheerful, knowledge sharing n dedicated admirable GURUS. Undoubtedly, readers like me , who cannot study the issues properly due to certain limitations, are taking the advantage from the unbiased n helpful posts of the respected pandits in both learning n earning. Once again I bow down to all such lovely ones. CG is one of the best sites with huge popularity and strong admirers. I thank them n admire their professionalism n dedication to serve the forum. Happy investing n God blesses you with all the best.
Members know that there are 5 (five) IPOs during this week. Different issue size and different positive and negative for investors.
The long awaited IPO is from Tatas. Tata Tech. All factors positive but one factor is negative I.e. chances of allotment very difficult. Even SH quota it's difficult to get one lot confirmed allotment. Funds problem for SH and IPO for medium to small investors.
When we go for IREDA, size not a problem. Main negative is PSU. Listing gain very small and in bad market conditions, negative listing cannot be denied. When a company working in finance sector, borrowing is generally on higher side. Even a positive listing of 8% to 10% will highly be appreciated. Something is better than nothing. GMP is not bad at the moment.
When we go for Gandhar Oil. Size is small. With better GMP and good financial. Main negative, difficult allotment, not like ITL. Better chances. Then it comes Flair. Not big size but financials not so positive looking into such an old company with good brand name. Pricing on definitely on higher side. No confirm allotment in any category. Not to be listed in negative.
Finally it comes the term of Fedbank Fin. Good size issue. But I am not positive on this issue. Pricing not good, on higher-end. I was never comfortable with Federal Bank. I got IPO allotment in this Bank and got some profit also. Not good GMP also. In such a line of IPOs better to AVOID. WEAKEST of all five IPOs. Members are well aware of all above facts. To take decision according to their financial appetite. Most of the members in this Forum are of great financial appetite. The have better information about the IPOs. At last I may like to say apply in first 4 IPOs not only in Tata. There is a chance that TATA may give " tata" allotment to small investors. Better chances of allotment than other 4 IPOs. Risk the most. From my side "tata" to Fedbank. All my views and no arguments with any member. Always remember :
***LIFE IS AN ENDLESS PROCESS OF SELF DISCOVERY***
Sir, Thank you very much for your elaborate n critical analysis of all the five forthcoming IPOs. I am one among innumerable admirers of your posts. I strongly believe that your views are clear cut and unbiased. Most of the members will eagerly be waiting for your valuable insights. I am planning to apply for Tata n Gandhar due to my financial limitations. Please continue to enlighten us with your knowledgeable views which reflects your experience. God blesses you with all the best.
@KAMMA SIVA RAMA KRISHNA Thank you ji. I always try to share my point if view. I am also financially stressed. To decide for others on later time. But 100% AVOID Fedbank. Have a nice sleep.
@jack ryan In my opinion it's highly priced. Company with good reputation. Financials not so attractive. But still we have to take a chance and apply. Not likely to list in negative. But watch subscription figures also. Nothing is certain in the market. Firm allotment is not likely. Good night.
74.5. Gagz| Link| Bookmark|
November 21, 2023 9:27:34 AM
Top Contributor (400+ Posts, 100+ Likes)
@Gagz There is no other choice than Tata on the top of the chart. Apply according to your availability of funds. Keep room for others also. Gandhar, IREDA and Flair. Fedbank is totally AVOID for me. Even if I have funds, still AVOID. IREDA big size issue. Allotment chances more. Negative is PSU. Even if get listing gain of 8%, a good bargain. Take your own decision. Don't rely entirely on others opinion.
74.7. Gagz| Link| Bookmark|
November 21, 2023 2:17:23 PM
Top Contributor (400+ Posts, 100+ Likes)
Shni will have good chances of allotment as money is going to get divided in all 5 ipo. So in all ipo subscription times could be less and its time for post Diwali celebration! All the best
Going through RHP, couple of red flags noticed viz Inter group transactions, Substantial salary increase to promoters, Rent paid to extent of Rs 5.5 Cr per year to promoters and their family members.
Note : It's just an observation. I am studying and may apply considering low valuation and huge scope for PE rerating.