Take the example of Rategain Travel … Opens at a discount of 15 percent. In this issue… the haphazard yearly profits, High PE, 6 months back Right’s issue almost at Rs 174.50 against market price of Rs 274, comparison with Pidilite where Sales and Net Profits are just less than 2 and 1 percent.
Seems more like taking advantage of the current buoyant movement in the IPO market. Fundamentals don’t justify such HIGH PE valuations…
Although it could open higher since it is in trade to trade … Risky Call
HP Adhesive Gets Strong Response. On Day 2, the issue has been subscribed around about 11 times, thanks to strong interest from retail investors. The issue saw applications for 2,72,37,150 shares against on offer 25,28,500 shares. On Day 3, the issue was subscribed 10.77 times till the first half. A clear signal of investors'' confidence in the sector and promoters.
I couldn''t believe how you became a ipo mentor, Total lots available = 9200 approx Total application made = 9200* 33=303,600 If I say in terms of nyka retail lots which was 4lakhs this is subscribed only 0.75x so not at all a great subscription
Arca ji, You wouldn’t have used such unacceptable words. Please be polite to others. If a word is slipped, it can badly reflect. Please analyse yourself. Thank you.
DSR Ji, I am extremely sorry for the………. I believe that you have already ignored the comment. Take it easy. I am sure that you will continue to post. Thank you.
57.5. Arca| Link| Bookmark|
December 17, 2021 11:24:35 AM
(1000+ Posts, 500+ Likes)
I never meant to be rude or inane , I wish u guys act wisely like the tag u r given ,try to avoid unnecessary post where you have not gone through .people in this group are already getting misguided , applying in waste ipo''s and losing their hard earned money. I wanted this chittorgarh site to be useful to everyone. Well if you feel hurt I am sorry for it.
This seems to be the latest trend in IPO companies that are considered average to poor by investors. Theya are thrusting the forums with new member registrations and flooding it with positive reviews, acting like cheerleaders. Do not depend on such reviews by new members. DO your own homework before jumping in. You might burn your fingers if you get carried away by these feel good nonsesnses being pushed through by such fake accounts.
2 different "New Member" (#32 & #33) posting the exact same "Key Takeaways" word to word is a red flag in itself, irrespective of how good or bad the Company or the valuation is! Saw the same trend in RTT and now in HPA!
54.3. M.K.| Link| Bookmark|
December 17, 2021 10:18:13 AM
(300+ Posts, 200+ Likes)
@NeoLongus Your observation is bang on, though these numbers change up / down if people reply to that thread or a thread below.
Suggest u call out the names so unaware people know how to red flag such messages.
Also, several people post questions " UPI or ASBA" when u post abt allotment. Seems a way to pad their number of messages and get Badges on the forum and scam more people.
@admin Some proactive policing on your part will be welcomed... Else genuine newbies can get scammed on these forums.
It depends on the Company to decide the lot size. They want to entertain more investors. More investors get allotment. There is no rule that upto the last rupee of 15,000, the lot is tobe made. There were many examples in the past where lost size were small. If possible go through some past IPOs. You will get your reply at your own. Try to read and understand from the past.
51.1. parmod gupta| Link| Bookmark|
December 15, 2021 8:37:16 PM
Top Contributor (300+ Posts, 300+ Likes)
sahi baat hai bhai
51.2. SamJos| Link| Bookmark|
December 17, 2021 6:21:02 AM
Top Contributor (500+ Posts, 100+ Likes)
Whole mappy fund is getting released on 3rd day, but very strong competition from supriya life, it will be interesting to know how much fund get diverted to HP.
51.3. SSingh| Link| Bookmark|
December 17, 2021 7:43:34 AM
IPO Guru (1400+ Posts, 800+ Likes)
Supriya is way too much better than HP. Will be interesting to see the final subscription figures!
Ha sbi sec app me nahi Dikh raha hai and data patern IPO asba se bhare fund abhi tak linen nahi hua online SBI se IPO asba se bharne par tatkal fund linen ho jata tha ab shayad IPO close hone ke baad fund linen hota hai kisi ko pata hai to batao data IPO band bhi ho gaya hai fund linen kab hoga
49. jajo| Link| Bookmark|
December 16, 2021 10:18:41 PM
Top Contributor (300+ Posts, 200+ Likes)
On 2nd day HPA retail sub. has already crossed 40 times. By tomorrow retailors may make it a new sort of record as the highest retail subscription in any IPO.
47. lokes| Link| Bookmark|
December 16, 2021 6:39:04 PM
IPO Guru (4400+ Posts, 5100+ Likes)
In my opinion, it can be applied here, it should list with premium. Its small issue, there are chances of going into upper circuit or even lower circuit after listing (depends on listing price/market conditions etc). its in T2T group and circuit limit is 5% , someone who don''t want to take any risk, can wait upto 2-3pm to check QIB/HNI figures also before applying, but in my opinion, this should list with premium. Anyways its very tough to be allotted here in retail. People can apply in HNI too taking some risk subscription in QIB is above 5X and HNI above 20X.
47.1. lokes| Link| Bookmark|
December 16, 2021 6:47:33 PM
IPO Guru (4400+ Posts, 5100+ Likes)
considering very small issue size, i feel it should even subscribe good in QIB/HNI also.
One should not blindly compare Pidilite kinda companies with smaller companies in the same segment. Remember kind of brand recall which fevicol enjoys cannot be easily earned even in a decade..........
Can a new noodle company expect a similar valuations and growth profile as Maggi?
It only can ....when it has an USP which existing leading brands do not have,........
Speculation is always fine in a bull market but speculation should not be sold to others, camouflaged in fundamentals......