Plz. Anyone suggest. I will thank him for lifetime. I applied gsbfl through axis bank asba, how can I withdraw my application.now ipo extended. MAIN POINT IS THAT NOW NAME OF GREEN SIGNAL IPO DOES NOT SEEN IN MENU OF IPO NAME AT THE OPETION OF "IPO WITHDRAWL REQUEST " IN AXIS BANK IPO PAGE. THANKS IN ADVANCE PLZ., WHAT SHOULD I DO TO WITHDRAW MY APPLICATIONS.
260.1. CLD| Link| Bookmark|
November 15, 2016 5:49:45 AM
Top Contributor (500+ Posts, 100+ Likes)
Who asked you to apply early ? You should have seen the subscription of other category first & then apply. In Axis u can apply upto 3pm.
Anyways, when the issue date is extended, every option under ASBA comes again on the screen. Check it today.
260.2. MAPatel| Link| Bookmark|
November 15, 2016 1:18:12 PM
Top Contributor (300+ Posts, 100+ Likes)
You can withdraw it by select ipo status query in online ASBA ipo & then can cancel your bid
As per my reading of the prospectus, if the Sheela foam is offered in at a price band between INR 390 to 450, it will be a very good investment (Price to earning close to 20 for for basic to consolidated EPS, considering the fact Sleepwell has close to 50% market share in the organized mattress sector, current balance sheet strength and expected future cash flows for the next 10 - 15 years.
But I doubt they will offer at such a reasonable price keeping so much on table for investors. One thing I have stumbled a bit is grasping of the fact that their net profit for the year 2016 grew 3 times to 94 crore from 34 crore in 2015 (talking about the standalone P&L) where as it took them 4 years to reach from 8 Cr profit to 34 crores. The top line not varied that much in that proportion for FY16 from FY15.
Cash-flow statement key barometer of company health is ideal, overall fundamentals look strong, so now only price is the deciding factor. Need to see how much % stake they are offloading for 510 Crore offer.
Apart the promoter Sheela Gautam had been Loksabha MP for 4 terms (BJP), belonged to family of freedom fighters (daughter of freedom fighter late Mohan Lal Gautam).
Company plans to offload 15% of the stake of overall 4,878 crore shares issued at 510 Crore, so if they plan to go ahead with the offer issue price will be close to INR 700 - 680 asking PE ~33. need to see if they dare to go ahead with current bloodbath in market.
Equitas is attrective veluasion at currant leval..huge upside this counter
257. Khemka| Link| Bookmark|
November 14, 2016 11:44:05 AM
(1000+ Posts, 400+ Likes)
Those who seen deposit money in banking system , may seen withdrawing same after relaxing limit by govt .Imo banks share price nothing related on massive deposit in systems.
Huge flow of black money in the market especially rural areas. Lending rate is suddenly decrease in cash finance. In some rural areas interest rate suddenly micro finance like Ujjivan, Equitas and some NBCC for some time.
Btw...Where is the Bullet train? Oh! And a Toilet ..let alone a house for everybody? ..What is the cost of cereals and pulses now as compared to then? ..Why has electricity tariff shot through the roof? Why the College, School expenses / fees are beyond the reach of ordinary...where is the cleanliness after all the ''Swatch Bharat Tax garnered thus far? Is the Ganges clean enough for the people to drink the water straight out of stream?...Where is Ram Mandir?... Why is income only from the businesses related to Yoga tax free? And all this in a regime that''s Corruption Free....I don''t understand this shit...Seriously ...
Let us restrict this site to the subject ie IPO and avoid bringly other issues here.There r many more forums for those issues.However for the sake of your info, we bought pukses about 3 days ago from a wholesale shop and the prices are much lower now.U can try.We expect everything from govt but don''t see as to what we r do7ng.How many percent of peopke r paying taxes?
Then why are political parties have different rules. Political parties are required to furnish only details about how much fund raised... but are not obliged under law to provide sources of funds. But when common people deposit more than 2 lakhs, all sort of questions are/will be asked. Why double standards.
Hey! ..Are you feeling the difference already?..lucky you indeed ..Of course this is the onset of the India''s very own Third Reich where everybody would have enough money to last them for life ..But that''s unless they buy something ..:D
Also there is no point in rebutting if one pretends not to understand that the momentary dip in the pulses, fruits, vegetables prices is due to the severe cash crunch educed by the demonetization skit and not because people have turned honest overnight...
I would term this as Forced Dieting ...Hahaha ...Yes ..And forget inflation, if anything has to go down, it should be average weight of the Indians..Don''t you think?
The compulsive cheerleaders would obviously hail the move..its their inherent trait to add voice to the ''Politically Correct Chorus'' ..But do such people understand economics?
With FED hikes the USD would rise with a vicious pace against the falling INR causing inflationary headwinds that will blow away the FC reserves
Yes....Its fun to live in a la la land rather than the reality .. but such fun must come at a heavy cost ..One must think a million times before crossing over, especially on the wrong side...No?
Demonetization to me is like a half baked cake ..a recipe that the economy can''t savor without risking indigestion.. . Can anyone guarantee that the people won''t accept bribes paid in Rs 2000 currency notes? Can they guarantee that the incompetent managements at the helm of the banks won''t lend this easy money to many more Mallyas only to write off the books later?
Stuntmen are on the loose.May it be the movies or the economic frontiers. Once demonetized, all that there is would either be with the banks or stashed away forever as Gold or Dollars. . Small traders would go out of busines. tourism, real estate, microfinance would he dealt a perishing blow. There will be a severe micro level deflation and a bigger Macro level inflation to make things worse. Indian currency would lose worth as it can cease to be a ''Legal Tender'' anytime as per the whims of the politicians...
I likes two actions: RBI''s pressure to banks to take NPA on book and Banning of 500 and 1000 bills. These two events will boost banking system of India. Banks are taking actions to clean NPAs since last 3 quarters. Latest action on 500 and 1000 bills will left huge money in banking system from public. This will really helps banks. It is better to invest in banking stocks at every deeps gradually. It will take minimum 3-4 quarters to get good results.
Some of the near future events and actions by FED which will give us to buy Indian banking stocks: December rate hike by FED. Any speech or action by Donald Trump which is exclusively benefit to US economy and not good for world economy. I am not talking about Trump''s view on outsourcing. There are many more things which helps only US economy to boost compared to world.
I am looking this case differently if more money into bank account 1.They have to pay interest for all the deposits. 2.Force bank''s to increase loan selling due to that there is a lot of chance in falling interest rate. 3.For the next two months there business might be slow only inflow to the bank (Banks keeps all money in there books doesn''t mean they will make profit this quarter ) unless they increase Lending. 4.Chance of Gold rate might fall so pledging gold (loan amount might fall).
Positive note : 1.In future most of the business comes under banking system 2.Chances of opening operations in tier 3 cities. 3.Increase in Credit card and debit card selling''s.
someone has asked me abt ujjivan for me it is clear avoid since ujjivan face default risk if demonetisation woes prolong given Ujjivan customers r small borrower
@ Septa ji....I work in a public sector bank...in a rural village...our bank atm was filled with cash day before yesterday...and after technical glitch it started working yesterday... With due respect sir...how ujjivan will face default risk...If we consider avg emi due at rural place is Rs.3500/-... people can get cash frm banks...our currency chest have enough money to replenish the branches which are having cash shortage...
In my place people frm ujjivan nd equitas was there at bank entrance to collect dues...they are pro active(as always)in collecting dues...
Now daily cash limit in atm has been increased to Rs.2500/-... previous daily limit for withdrawal at bank for Rs.10000/- is foregone....weekly withdrawal limit is increased to Rs.24000/- from the earlier 20k... (all indicates good cash flow)
So pls explain hw ujjivan and other finance companies face default risk....
@Septa ji ...Please note....I am not asking because of arrogance... I am asking after confusion...
248.3. Septa| Link| Bookmark|
November 14, 2016 7:06:51 AM
(4000+ Posts, 4600+ Likes)
Kabali forget abt what I think. Ujjvian MD THINKS THE SAME DEMONITISATION WILL HAVE ADVERSE EFFECT ON IT NPA. Check the last interview MD fave to media
GSBPL operates in a very niche and highly potential space of vaccines in the Pharma Industry. The opportunity is global and the market place has very limited suppliers. GSBPL is all set to make a giant leap into the big league of vaccine manufacturing. There are only four companies in the world, pre-qualified by WHO for supply of BCG Vaccine for immunization against Tuberculosis to UNICEF. GSBPL is one of them and one of the two suppliers of BCG Vaccine in India. Vaccines manufactured by the Green Signal Bio Pharma Limited are accredited by the World Health Organization, Geneva and are being used in countries across the globe in their national immunization programs, saving millions of lives throughout the world.
Sorry for posting this here. Friends I want your opinion on market performance next week. I have taken nifty call option position with strike price 8600 @34 .expiry 24 Nov 2016. Will you please tell me whether nifty going to perform in green or may see more selling pressure till expiry??
Nifty will surely touch 8600 before expiry. But it is difficult to sustain at 8600 for long time. You need to keep patience with this volatile market. Real Estate and IT stocks will underperform. Pharma and Banking stocks will give good return in medium to long term.