Indegene Limited IPO Message Board (Page 47)

Hi experts,
Need one suggestion.
I have 3l fund for ipo. Shall I go with 16 lots or 1 lot of retail? which will have high priority of allotment? Please suggest

1 shni if u have 1demate account sir ..if u have more demate apply just 1 lot retail in each account...👍

Ye sab ipo me Tuesday voting ho Jane k baad hi subscribe karna

Tuesday lower voting not helpful much as final percentage will be near 67% seems like first 2 fase...???

One thing I have learnt in stock market is no easy money making here. When everyone was very bullish on PSU then one statement of RBI destroyed the bubble of psu.

The culprit!

can i apply through gpay upi

​@ashishmaurya Yes, you can..

One more thing, you can apply upto 5 lakh with UPI, not more..

I want to open my minor son's account in hdfc . Hdfc employee says that minor pan will not be updated.
I thinks he has not full knowledge. What should I ask him to do ? Me & my wife have already separate hdfc account . Can we add son in these account in HDFc ?
Plz tell

Yes they are wrong.
Plz ask them to check this with some senior person in bank. They must be knowing.

​@BR Groot  thanks i am applying one lot each only with 2 different pan

Gmp 265 💥💥

Seniors, please help me:

I have 20L funds and 2 demat accounts.
Mode of application is HDFC ASBA.

I am considering applying all 3 IPOs but unsure whether hdfc will unblock on time. Please share your experience.

Also, what is the expected bhni subscription in Aadhaar? Will I have better chances with 2 bhni in that rather than 2 bhni in indegene

Funds should be available in time, as even though HDFC does create problems some times but chances are less for that.

If things improve for Aadhaar, can expect around 6-8x at the upper end in BHNI and 2 BHNI in Aadhaar are likely to have better chances in Aadhaar than Indegene, due to size as well as the respective premiums of both. @WhatsInAName

Thanks a lot @MuStrFc  sir for your guidance

Dear friends which banks allow online ASBA or UPI IPO application for below 10 years minor account.

Indegene Limited IPO

Final Verdict

Apply For Big Listing Gains And Long-term

Highlights of the Issue :

Date : 6-8 May
Price Band : 430-452
M.cap : 10836 cr
Size : 1842 cr
Fresh - 760 cr
OFS - 1082 cr

Objects Of The Issue :

1.Repayment Of Debt-
391 cr

2.Funding CapEx - 103 cr

3.GCP - 266 cr

Analysis :

1.The Company Will Be Debt Free Post Repayment Of The Debt From The IPO Proceeds Enabling Company to Save
40 cr Interest Cost Annually, Improving Profitability & Cash Flows

2.The Company Is In A First Mover Advantage And Very Uniquely Positioned To Cash In The
Life Sciences Market's Healthy Trends

3.The Company Has Healthy Cashflows Enabling It To Do Further Aquisitions to Boost Further Penetration Without Raising External Funds

4.The Recent Aquisition of
Trilogy GmbH Will Create New Efficiencies in Medical Writing Segment

5.Business Operations With 20/20 World's Largest Pharma Companies Showing Companies' Capabilities

6.The New Segment Of Emerging Innovative Biotech Companies Attractively Positioned

Forward Earnings Projections :

FY 23 :
Revenue - 2364 cr
PAT - 266.1 cr

Till Q3 FY24 :
Rev - 1970 cr
PAT - 241.9 cr

Expected Q4* :
Rev - 680 cr
PAT - 84 cr

Total FY24* :
Rev - 2650 cr
PAT - 326 cr

FY 25 :
Rev - 3240 cr
PAT - 455 cr

Valuations And Fair Value :

PE FY23 : 44.8×
PE FY24 : 33.2×
PE FY25 : 23.8×

As Per These Estimates It's Clearly Visible That There is A Solid Earnings Growth

Giving It A 42× on FY25 Earnings
It's Fair Value Comes At 796
Indicating An Upside Of 76%

As Everyone Knows That Indegene Has No Global Peer To Compare, Some Analysts Suggest to Compare with Firms Like Syngene But I Would Consider This Company Like A Niche IT Firm With High Capabilities Like
KPIT

Even It May Get A 46×
But I Personally Feel That A 42× is a Rational One

All In All
A Solid IPO With Good Scale, At Right Time,
Most Important, At Right Valuations✅️ 👏

Good To See That Investors are Given Good Scope On The Table

It's A Clear Cut Must Apply From My Part

​@newgen consultancy Can you please share Indegene subscription estimations in bHNI category

​@newgen consultancy 

I have two hni allotments, did not sell in grey market. Please suggest , is this Company still a hold for long term or exit now type.

For the last many days GMP was more than 250 high was 300 but listed at appox 200 and now premium appox 100.

Any change in your opinion post listing?, Can this go to discount also?

Please reply, your opinion matters a lot to me.

Dear all, I have read almost all threads but still confused about which bank should I go with for IPO application, experts please help me in choosing the bank considering all criterias, currently using SBI, but the cut off time is 2 PM so want to switch to another. I'm considering to go with ICICI/HDFC/Canara or axis. Some experts please reply. TIA :)

Thank you @Esparando  for the explanation!

I think I'll go with IDFC First bank now, and just for the sake of knowledge, what exactly made HDFC the worst option for you.

​@Himanshu Pokharna The worst thing about HDFC is, every time you apply for an IPO, you have to enter the DP id manually.

If your demat is CDSL then it would be 16 digits which you need to enter manually and a fat finger can definitely screw up your IPO application. And on top of that you have to manually enter the DP provider broker name (like Zerodha).

Also HNI window I guess closes by 2:30 pm ( or may be 3 pm)

Then if you are looking from banking perspective, the UI of the web or mobile app is pathetic, not at all user friendly. My wife has two HDFC accounts and we are struggling to transfer amount online between her 2 HDFC accounts. May be there is some option somewhere hidden in the app, I do not know.

Savings a/c interest is 3%.

No wonder why the stock price is also struggling...and will continue to struggle unless they do not work on ease of banking.

As per Newgen Sir,

This is must apply candidate.
સર્વ ગુણ સંપન્ન 😊

Seniors pls guide...have 30Lacs and 3 Demat A/cs. What should be the investment strategy for Indegene / TBO / Aadhar? Also TBO : is it another online agregator like Yatra?

​@UjwalG In indegene what will be the expected final subscription in bhni & shni categories

3 bhni in Indegene. If alloted, 2 bhni + 1 shni in TBO & 3 shni in Aadhar. If not alloted in Indegene, 2 bhni in TBO & 1 bhni in Aadhar (depending on os figures last day).

3 good IPO
applying full force in all 3
Lets see how it goes
After wonderful returns in Vi ,lets see how it goes in above 3
Hopefully will get some allotement
Fingers crossed

Full force application placed in all three IPO
Lets see how it goes

Query... मेरे Vi FPO की अमाउंट अभी भी Hold है।
रजिस्ट्रार और बैंक से भी बात की उसके बाद भी hold remove नहीं हुआ । अब जबकि UPI मैंडेट 7 May को expire हो रहा है तो क्या अमाउंट ऑटोमेटिकली hold remove हो जायेगी ?

होल्ड एक्सपायरी पर ऑटोमेटिकली रिलीज हो जाना चाहिए, ऐसी अपेक्षा रख सकते हैं

Expiry date pe apne Aap remove ho jayega hold... Mere sath bhi hua tha ek bar, sabse bat ki kuch solution nhi mila lekin mandate expiry ke din apne aap hold remove ho gya.

I have a bank account in Joint names.Can I apply IPO in the name of 2nd holder Or I have to apply in the name of 1st holder only? Can I apply 2 applications separately from this account?
Experts Pl reply.

​@Hope is life I want to open my minor son's account in hdfc . Hdfc employee says that minor pan will not be updated.
I thinks he has not full knowledge. What should I ask him to do ? Me & my wife have already separate hdfc account . Can we add son in these account in HDFc ?
Plz tell

hello pramod sir

i don't know about minor account

i m using joint account, so know about this...

but many members know about minor account

they will surely help u...

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WHICH HAS MORE CHANCE OF ALLOTMENT ? SHNI OR RETAIL ?

Too early to say, but mostly retail.

IPO allotment मे सिर्फ pan number ही match होता है या name भी ?
Because demate और bank account मे नाम और surname उल्टे सीधे है,
बैंक मे name - surname - father name हैDemate मे surname - name - father name है

मेरा सवाल ipo के regarding था, क्या allotment में कोई issue होता हैं नाम कि वजह से?

नही बिलकुल नही।

which is the broker for HUF demat a/c ? is it possible to open online huf demat a/c ?