Guys, anchor book for IEX is cancelled for FPIs and they will entering the market post listing...so best of guys how have applied for it. As there can be a chance of listing gain..as FIIs enters post listing
Fortune favors the brave. As is quoted a billion times, it is greed and fear that makes people lose money. Today RII were led to believe that something is not right instilling fear. Only if you are a contrarian you can make good money.
The confusion about anchor investors was not about the company or its fundamentals. It was a technical issue as to whether foreign investors could apply in a exchange like IEX.
Now all that is behind applicants. There is no point in flogging a dead horse or post mortem.
The downside for the company and its investors is hardly any.Sound business model.
Applicants who were not swayed by comments like withdraw, stop applications etc will reap the benefit.
Wait and see.Remember Infibeam, Tejas, Dilip buildcon etc etc.
whatever u said is ok but i think FPI will get the advantage of this for not getting a chance to apply in IPO due to some regulations....... they will wait for some time and get the script at lower level..... why they will buy immediately when there is a chance to get the same at lower level.... anyway best of luck to RII who applied in this IPO, may god fulfill your wishes......
430.2. Navkant| Link| Bookmark|
October 12, 2017 1:06:13 AM
(300+ Posts, 300+ Likes)
Same was the case with Matrimony, Educare, SChand. I skipped them all. Better safe then otherwise.
Were Little bit busy this hours, but many msg seen like withdrawn application.. M asking for why? What''s ur calculations behind this? U planning to buy some share frm secondary with the same amount???
Just because u can''t face 2-5% listing losses! if buy any share in secondary mkt and go down Then u sell immediately???? Or That never happened that ur brought share went down!
Ur ans would : why block money if share gonna possibly available on discount? Or will buy in downsides etc
Same positive view given in icici lombard and that available on listing day at discount, but very few got the opportunity (who not applied) to buy below issue price and currently that same trading at 4% up!!
People(who withdrawn) to ieX : you gonna available at much discount after listing why we should block our money now
IEX (replying) : see on listing, u traitors ????
Btw IEx got more qib then Apex(issue were 150cr only) !!
429.2. Huzefa| Link| Bookmark|
October 11, 2017 6:21:48 PM
Top Contributor (300+ Posts, 200+ Likes)
Hi Gamble, With due respect to you, I would like to add that we do due diligence even while buying from secondary market. If we sense some signs of Market correction and we think that we can get the same stock at a lower price we wait. Same is being done by retail investors in this IPO. After seeing the subscription figures, when investors felt that they may get the same stock at lower rate after few trading sessions, they withdrew their bids. Every investor wants to buy @lowest possible price and sell @highest possible price.
429.3. RJ Rocks| Link| Bookmark|
October 11, 2017 7:18:42 PM
Top Contributor (400+ Posts, 200+ Likes)
Thanks gamble sir for your valuable guidance. It''s help us a lot.
I dont understand why people are now saying that this is good ipo? Because today till 2 pm everyone on this forum was saying to avoid this ipo. Why this misleading is going on .
@jatan don''t kn about others, they may hv subscribe heavily or just try to jealous withdrawn people ????
I given my positive view on 6th oct.
429.7. Navkant| Link| Bookmark|
October 12, 2017 1:03:37 AM
(300+ Posts, 300+ Likes)
Prataap looked expensive to me. Withdrew my 8 applications at 2PM last day against GMP. Learnt my lesson, I skipped this in absence of GMP. Not looking forward to learn another lesson :/
A humble request to whoever gets allocation in IEX IPO, IEX is a very good company. Market leader in it''s domain, sitting on over 500 crores of cash, paying good dividend, Good profit margin, Very good growth prospects. So please PLEASE don''t sell this share for small listing gains. When the supply dries up automatically the prices go up! Enjoy the benefits! So please don''t sell for small gains. All the best to everyone!
Chetanpatel. hahaha u r so karvy. no it will not list in discount even in the wettest anti retail dreams of karvy. their only option now that the subscription isn''t heavy is to cheat again in a sham lottery and they will do so even this time.
Indian Energy will list in positive side. Great company. Great parentage. 10 to 15 % higher. Those who apply will make money for sure. Happy Diwali listing
No one can exactly predict on which premium scrip will list. Latest example is of Cochin Shipyard. GMP very high, but on listing day due to negative sentiments of market it lists nearly 2-3% above its issue price. and later on made Upper Ciruit.
418. R R Patel| Link| Bookmark|
October 11, 2017 8:33:55 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Indian Energy Exchange Ltd IPO: Subscription figures(BSE+NSE) @8:30PM:- QIB - 2.56X (closed) HNI/NII - 0.85X (closed) RII - 2.61X (open only for offline forms) Total - 2.28X *excluding anchor. Not so good figures. I have not applied. it''s only success is that it is finally fully subscribed. Now full focus on GIC IPO.
417. Arunblr| Link| Bookmark|
October 11, 2017 8:27:54 PM
Top Contributor (400+ Posts, 100+ Likes)
Final subscription on last day is not updated.. whether issue date is extended??
IEX GMP 1000 PER SHARE. IT IS SUPPORTED BY PEER VALUATIONS OF INTERNATION REPUTE. SUCH COMPANY R COMMANDING 10 TIMES MCAP FOR SAME REVENUE AND PROFIT. CHEERS AND HOLD.