Date of opening of the Buy-back Offer Period Thursday, March 04, 2021
Date of closing of the Buy-back Offer Period Thursday, March 18, 2021
Last date and time for receipt of the completed Tender Forms and other specified documents including physical share certificates by the Registrar to the Buyback (APPLICABLE ONLY FOR SHAREHOLDERS TENDERING SHARES IN PHYSICAL MODE) Monday, March 22, 2021
Last date of settlement of bids on the Stock Exchange Thursday, March 25, 2021
94.3. RajBreaks| Link| Bookmark|
February 23, 2021 2:22:12 PM
Top Contributor (300+ Posts, 300+ Likes)
@Rafid What Is The Buy Back Price? Any Information?
94.4. Brownsugar| Link| Bookmark|
February 23, 2021 2:31:55 PM
IPO Guru (3100+ Posts, 2800+ Likes)
Record date was 15th January, people looking for buying option should stay away... Thank you
93. Brownsugar| Link| Bookmark|
February 23, 2021 2:28:39 PM
IPO Guru (3100+ Posts, 2800+ Likes)
Subscription will jump on Day 3 as people are waiting for their money from Railtel and Nureca to get Unblocked after allotment Status is out. Pretty sure this one''s gonna subscribe to 100x as the market has held its position.
1. 500+ Criminal proceedings underway 2. Promoter & group company "wilful defaulter" for Rs 49 Crores 3. Company recd unit closure order from Gujarat Pollution Board 4. This IPO is actually OFS of 90% shares of Promoters. Means company hardly require money. Your money will go to promoter
I''ll be happy if retail investors gain profit...but i wish it should not be in expense of other retail investors. Most of the times big investors exit with gains and retailers suffer.
Therefore, I find it is my duty to share information so that retailers know the risk involved in it. We retailers don''t recognize how much amount is involved as one retail investor pays only around Rs 15000. But if we aggregate it its nearly 218 crores (assuming 35%) of retailers money will be at stake. Its huge hard earned money.
You can travel in car with flat tyre also for sure. No problem!!! But, Only thing, I want you should know that, Car in which you are travelling has a ISSUE with tyre.
As you have said the price is of Demand and supply , Here fortunately there is lot of demand and that can be seen by the retail already over subscribed to it in just a few hrs. Nureac management and stock both are worst that this but still manages a gmp of 55 and will surely list in Upper circuit. IPO has always been about listing gains , as for keeping portfolio stocks there are more than 1000 companies available to buy
Heranba Industries Limited Positives -Low Debt company -Very Experienced Management -Bonus Shares allotment history -3 Year CAGR Revenue 8.8% Profit 27.3% EPS 27.7% NAV 27.0% Negatives -Lot of Civil & Criminal cases against & By the company -Very Competitive industry -Lot of Existing big playes
Money Life has raised serious corporate governance issues with the promoters. I was earlier planning to apply. Now thinking. Is there any other problematic promoters given a good ipo?
Praful JJ And Jojo Thank you. I will try to be consistent with the information for upcoming IPO''s also. sorry praful i dont know about the grey market premiums.
82. Chem cho| Link| Bookmark|
February 23, 2021 9:55:40 AM
IPO Guru (2500+ Posts, 2700+ Likes)
Of the IPO in Month of FEB21 This is the best IPO Apply for long Term
82.1. Brownsugar| Link| Bookmark|
February 23, 2021 10:14:12 AM
IPO Guru (3100+ Posts, 2800+ Likes)
Everything is great except the OFS part.... they claim about using funds for business expenses but most of the issue Money is for stake dilution.