SMALL CAP WORLD FUND, INC -> 6.62% GOVERNMENT OF SINGAPORE -> 5.32% NOMURA TRUST AND BANKING CO LTD ->4.16% GOLDMAN SACHS INDIA LTD ->3.31% AXIS MUTUAL FUND -> 3.02% FRANKLIN TEMPLETON MUTUAL FUND -> 3.02% SBI MUTUAL FUND ->3.02% NEUBERGER BERMAN MUTUAL FUND ->2.87% ADITYA BIRLA SUNLIFE MF ->2.84% ICICI PRUD MUTUAL FUND -> 2.84% NIPPON INDIA MUTUAL FUND -> 2.84% KOTAK MUTUAL FUND -> 2.46% .... and a long list very impressive anchor placement ???? https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20201106-43
Top 3 anchor investors are foreign investors USA -> SMALL CAP WORLD FUND, INC -> 6.62% SINGAPORE -> GOVERNMENT OF SINGAPORE -> 5.32% JAPAN ->NOMURA TRUST AND BANKING CO LTD ->4.16%
Good Company. Good fundamentals. Eps for June 2020 is 20 translate into full year it comes Rs.80. Conservatively 72 to 75. So pe as on March 2021 will be 22. It is attractively priced. Pharma industry now very much fancy. Anchor Investor minimum 75 and above as per my expectations. Qib response will be good. (My expectation is above 35 times) After Seeing qib response last day we consider to apply this issue if qib subscribes above 20 times. Only concern is Chinese promoter.
128.1. lekker| Link| Bookmark|
November 6, 2020 10:49:29 AM
IPO Guru (1300+ Posts, 2000+ Likes)
Rajakumar Sir, Another HDFC life?? I remembered you was the only guru who was bullish at that time. I will also planning to apply after watching todays anchor & last day QIB subscriptions.
not much worry about china and all this. Black diamond apple (Chinese) is much costlier than royal gala apple, however both are tasty and both are apples :) Its all individual choice.
Every Indian should invest in this stock. Why should we leave all profits to China? we should share this company's profits among us. I may not participate in the IPO, though. But later sure when the price down.
Dear Lekker Welcome Stock market always risk reward. You took risk and reward is in your hand. We can not take blindly take risk. This is foreign company, debt free, fundamentally strong, so we took risk.
117. Jainvipul| Link| Bookmark|
November 6, 2020 11:37:47 AM
Top Contributor (400+ Posts, 300+ Likes)
Premium 78-82
116. Chem cho| Link| Bookmark|
November 5, 2020 6:50:34 AM
IPO Guru (2500+ Posts, 2700+ Likes)
At the price band of Rs 1490 to Rs 1500 and that to for 5230cr IPO we will definately get at lower price Those HNI who have money , and donot know where to invest may apply i am not going to apply in Gland Pharma
Are baap re.. are we so big force that we can teach them a lesson? lol... They are right in their position. Everybody wants maximum profit. if you run the company, then you will also do the same thing. so nothing wrong in it.
@milton bhai, than why not price fixed at rs 5000 or above to earn more profit. Earning profit is not the only motive of business, if it is so than company will be vanished after some years. Its customer & investor satisfaction matters in running a business, profit will follow. If IPO price would have been Rs 100 ya 200 less than investors would have look into it with positive vibes though Chinese promoter but now its opposite. Company will not be bankrupt if ipo is priced at say 1200. Listing would be at huge premium, promoter would be happy seeing market cap rising, investor would be happy for gaining some profits. Overall positive vibes.
Problem kya hai? Chinese ownership? Or higher price band? If offered at 1300 than would be fine as chinese But @1500 all became deshpremee
This is hard core business and everyone is here for as much as gain possible
Many would have thought Dixon,amber,bandhan and many other IPOs pricing costly but at last they earned us big
PE comparison is good but not working all the time
Business model and future growth should be considered
And last If someone purchased XYZ co's shares for long-term and if some chinese investment came or take over happen! How many of us would sell and let go profit?
(Yet to decide , apply or not but my decision will be purely on profit and loss nothing else)
When ever anyone thinking china boycott Please see around From morning to night , how much it is involved in our life
@harit sir I am not finding any problem with this company. Financial results are very strong and growth is rapid for the company. Management bhi kuch kharab nahi hai. Debt free company hai. Future growth bhi badia hai
After all, financial results, future, management are looking promising, then why avoid this ipo?
@Harit ji, read my post carefully, i told if price would be 1200 than there will be positive vibes though Chinese promoter. Means i would have applied. I believe that business to survive companies should take care of customers & investors & they have to otherwise will vanished after few years. At rs 1500 they have kept nothing for the investor, not investor friendly.
116.9. Chem cho| Link| Bookmark|
November 6, 2020 9:48:56 AM
IPO Guru (2500+ Posts, 2700+ Likes)
@ Nfor Nandkishor , yes I agree , but it is a very big issue , Rs 1500 is costly , it will take atleast 3 to 6 months to absorb the liquidity , keep an track and buy 1 to 5 shares at low , I may try to give the low after listing or any time i feel on Gland pharma
116.10. Chem cho| Link| Bookmark|
November 6, 2020 9:55:02 AM
IPO Guru (2500+ Posts, 2700+ Likes)
views exspressed my own consult the finalncial advisor
@Chem Cho Yes, I agree the issue size is very large.
Like UTIAMC, it may list in negative zone. By chance, if there will be a listing gain, it will be maximum 5-10% which is negligible. We can't expect a big listing gain from this IPO. Risk reward is not in favour for this IPO.
So, your advice to avoid is the best one in current scenario. Thanks for your valuable suggestions.
115. Jainvipul| Link| Bookmark|
November 6, 2020 10:26:56 AM
Top Contributor (400+ Posts, 300+ Likes)
Trump is losing. Trump was India friendly & Biden is china friendly.China sent fund and helped him to win the race. kamla ka hamla : we will interfere kashmir issue. - kamla harris china issued statement in global times to declare dispute as war against India after U.S election depending on cross border situation.china sent 60,000 soldiers at border.
Indo-china relation may worsen even more before listing.so beware.
# check it where gland pharma stands with some large and midcap pharma Cos. :
pharma company : cmp , eps , p/e , p/b , return in %