Indegene Limited IPO Message Board (Page 50)

Slightly off topic but related to IPO. Need inputs please.

May I know if any bank allows to apply for different demat accounts ?

Meaning, can I have a bank account from where I can apply for an IPO for my wife, brother & myself (all having their own demat accounts).

Transferring money to their account every time and asking them to apply has become very tough. So..

​@Esparando the workaround is to have a single account with all joint holders. No need to move funds around and you can apply for all. One of my friends does the same through Canara bank as it asks for Demat account for every application and he is able to select each joint holder and specify related Demat account.

​@Tejas Pandya  Sirje.. Canara Bank... But it's tricky. Aap chaiye toh Mujhe ..
(Aat) 0 Sath 4 (Nauv) 6 (Aat) 9 (Che) Sunye.. For more details

I have 20 lakh funds for this 3 IPO's with 2 accounts, How can apply i.e SHNI or BHNI each account, which one is better for more chances of allotment, not received allotment in the recent times, Appreciated your help

I have not come across any IPO where sHNI had better chance than bHNI.

It's easy. Apply 2 bhni for Indegene.
If not alloted in Indegene, 1 bhni for TBO & 1 bhni for Aadhar.
If alloted in Indegene, 1 bhni for TBO & 3-4 shni for TBO/Aadhar as per funds available & last day OS figures.

Anchor ⚓ 1

Last

​@Harsh Newguru Please check this link as per official filing in exchange
https://t.co/ObgOM7VBls

GMP of indegene is 240 - 245 rs..

​@sonal patel Yes, it is about Rs 247 or 55% 👍

Anchor list.

​@sonal patel  Anchor list is already posted by one of members @Wolf hunter in this forum.
You may download it from official filing to NSE from this link
https://t.co/ObgOM7VBls

Sorry for OFF TOPIC.

Posting 'cos need urgent help and guidance.

I wish to know from our C'garh family can the same email address be used for opening demat for two different persons and gender - can this create KYC issue? As in CDSL KRA etc?

Like can I give my email address which is Already used by my present broker and CDSL to open demat for my married sister... ?

Email id will not be an issue. You can use the same email for 2 accounts

​@Piyuush  Thanks for the reply.

ANCHOR LIST KAGA HY KAB AAHE GA?

Anchor list to aa gaya, issi forum mein posts scroll karein, mil jayega

ANCHOR LIST KAGA HY KAB AAHE GA?

ANCHIR KIST KA HA HY???

Acha mujhe ek question puchna tha , question thoda ajib hai lekin sayad meri tarah kisi aur ko bhi yea saval ata hoga dimag me , me mere parents ka bank account badalna chahta hu ipo ke liye lekin kayi baar mere dimag me aisa saval ata hai ki abhi ke account me allotment mil rahe hai lekin agar naye bank account se allotment nahi mile aisa ek doubt ghumta rehta hai andar hi andar , toh koi frequent account opener hai joh aise doubt ko clear kar sake?

​@Tejas Pandya Bhai, do not under estimate 'ladyluck' as when all divine forces are in favour, even Nazar is be-asar. 🙏
Be ready to share some profits from Indegene and other IPOs with us. 😁

​@Simply Vicky We are also searching answer for this very important question 😇

Indegen GMP 237 rs 🚀🚀

🔥🔥🔥💥💥🔥🔥🔥💥

Yes, it is about Rs 247 or 55% 👍
Let's see if maintains ...

Anchor List??

Check here

https://t.co/ObgOM7VBls

One IPO related query
I have account in Bank Of India. I am applyaing for IPO since last 6 month but didnt get any allotment. Even in low subscription IPO also didnt get allotment. Is it issue with Bank Of India? Any body getting allotment through Bank Of India ASBA?

I have been using Bank of India ASBA facility for almost 4-5 years. I have allotted many IPOs through BOI ASBA. IPO is full of luck there is nothing like using pvt Bank your chances of allotment are more,as allotment is done at RTA/COMPANY end on lottery basis. Funds also unblocks on time ; till date I have never faced any issue with BOI ASBA.

I also have BOI Savings account and apply for IPO from ASBA Facility of BOI net banking since more than 5 years.
I have allotted good number of IPOs.
Latest allotment is Bharti Hexacom and VI. No issues with Bank of India. Please check Name and other details of bank account match exactly with demat.

Gift Nifty is at all time high levels, Do you also believe SENSEX and Nifty 50 indices will make new record today?

​@Vimal Garodia  Bang on 🎯
After making record high, there indeed was heavy selling.
सरस्वतीजी तुमच्या जिभेवर बसल्या होत्या 🙂

​@Chhote Lal असं काही नाही,
It is elementary Dear Watson as Sherlock would say!!
Some institutions would obviously take some profits off when markets are ATH 😊😊👍👍

When Good IPO's come, then this market starts to crash and so the GMP😅😅

There is no substance in assuming and generalising such a thing. IPOs (good or not so good) keep coming throughout the year and fluctuations in markets are quite normal. Companies with reasonably good fundamentals, decent valuations and growth prospects may not be attractive for listing gains at times but surely will reward if held. One should apply considering all such factors and not just the GMP.
Good Luck 👍

​@Chhote Lal I know bhai. Not only IPO, whether stocks or shares, any kind of equity follows the law of the farm. But for listing gain, GMP plays a crucial role.

dear senior members can you please tell how 15 percent of hni portion gets divided between shni and bhni.. is it half half or some in some other portion.
thanks in advance

BHNI 10%
SHNI 5%

​@DTC BHNI 10% SHNI 5% but BHNI oversubscribed then I will get 14 (SHNI) lots but app will be in BHNI.

For imp points from the RHP - will save some time for all members who want to know about the company. Hope it helps

Business – Company provides digital-led commercialization services for the life sciences industry including biopharmaceutical, emerging biotech and medical devices companies. Company’s products help biopharma companies in drug development, clinical trials, regulatory support, and sales & marketing.

Positives:
>      Company has over two decades of healthcare domain expertise and fit-for-purpose technology. It offers products to support life sciences companies across the commercialization value chain.

>      Indegene is considered as a leader in all its product verticals – Life Sciences commercial services specialists, Life Sciences sales & marketing operations, and digital services specialists.

>      Established client relationships with each of the 20 largest biopharmaceutical companies in the world by revenue for the Financial Year 2023 (these 20 companies form 70% of Indegene revenues)

>      Operations expenditures on Life Sciences is expected to grow at CAGR of 6.5% till 2026. Sales & Marketing is the biggest vertical in life sciences operational expenditure (35%), and it is expected to grow at CAGR of 14.5% as it is under-penetrated. Indegene gets 59% of its revenue from this segment, so can look at strong growth opportunity

Risks:
>      Revenue concentration towards few big clients, need more diversification (company seems to be addressing this as total no of clients has increased from 44 in 2021 to 65 in 2023)

>      None of the direct competitors in any segment is listed, so it is difficult to ascertain peer group valuation. One of the peers EPAM Systems is listed in the US, and trading at PE of 34x. While the stock has moderate Buy rating across the street, its share price has declined by 25% in last 2 months. This is purely be a company specific issue but worth flagging. EPAM will report earnings on May 9th.

However, personally I believe given Indegene is in medium growth service industry and enjoys leadership position in most of its segments, post IPO P/E of 33.0x does not seems stretched.

SBI saving + (MOD Balance) Both consider for ipo application ?

​@Rajkot Special If you apply using your MOD balance then your MOD FD gets broken immidiately..
Use only savings balance for IPO application..🙏🙏

Indegen GMP 231 ⬇️⬇️

Many members are here asking for Expected subscription. Be patience Every thing will be clear from 6th to 8th May 2024

Good one