Indigo Paints Limited IPO Message Board (Page 45)

Accepted

Patel Saab, your analysis is exemplary as usual. Thank you very much for your kind guidance. Please continue to be kind by suggesting regarding each IPO.

Well I strongly believe with you on some points but I think this IPO will be promising and will develop a sustainable business which will help creating a value for its various stake holders…And everyone is skeptical with regards to this budget but I doubt during this difficult time whenever thing just started to pick up they will hike the tax rate. In my opinion this budget would be neutral and they will try to encourage all categories of businesses and individuals to believe bad things are behind us. I think one should hold this stock at least for a time frame of one year to understand management’s way of working and delivering its prior commitment which they made. I concurred with you there is an over demand and it will have super listing gains and wealth creation in the long run….

Indigo:

- I am not applying because of very high valuation.
- I suggest Sell in grey with subject to and apply.
- Don''t know company will manage same growth in future.
- Wait and watch for few quarters.

2 bje k baad nhi hota h wo baad me hoga fir sbi se kiya h kya

Great analysis Septa Ji. Cristal clear view on pricing and valuation.

Thank you Septaji. Perfect advice.

An eye opener ....

Septa ji, your analysis is exemplary. You are very outspoken and realistic. Please continue to express your analytical views on each and every IPO. We are fortunate enough to have the study of such brilliants in this site. Very kind of you, sir.

Very helpful, thanks sir

Awaiting your views on Home first finance ipo also.
Thanks for your views on Irfc ipo and indigo paint ipo.

Market is supreme , check IndiaMART from 20 cr profit to 300 cr profit in just 2 yrs and it''s mkt price sky rocketed in last 12 months , we have seen this kind of movement with d mart and page ind also - you never know the intrinsic valuations of these kind of high growth stocks , every one should apply and book profit on listing if not convinced with valuations.

You are not off the mark. There may be some manipulation. There is a fierce competition in Paint Industry, how can such a small company maintain its growth by defeating the top national & even international brands . Anyway may be for sort term players it can give handsome returns. Rest depends upon the budget and we need to see it FM will leave anything in your pocket to get your house repainted or construct a new one.

Yes 100% Madness

I agree

Any how applied for listing gains

Ready to Book profit around 160PE

Tomorrow its PE may cross 400 too

Thank you @eagleye madam

Res eagleye mem
I have 5 demet account and Rs 75000 with hand. So I may apply 1application per demet account.
Now please advise me have I to apply in indigo paints ipo or IRFCI ipo or partial in both?
Allotment chance are more in IRFCI but may be less gain and reverse for indigo as per my view.
Pl advise me.
Thanks in advance

MY QUESTION IS WHAT SHOULD ONE DO IF HE GOT OFS SHARES @ 68
I AM HOLDING 2 ACCOUNTS
DO U THINK I CAN GET APPROX 69PKUS RATE ON MONDAY OR WILL I HAVE TO WAIT FOR THE ABOVE RATE SO THAT I GET OUT AT SOME REASONABLE PROFIT
Kindly advise pls
ty

Can someone suggest please if minors can also apply if there is pan card, trading account and the bank account in their name?

@Vijay Galani - If you had applied purely for OFS then Monday morning exit in pre-open with what ever profit. It had closed on Friday at 70.15 so there should be some profit If you have bought it from investment can hold it for some time as market is in strong bull phase and sail is also in bull phase. Currently you can keep stop loss of 52.95 and trail it as stock moves upward. Mostly on Monday all the OFS related selling may get absorbed.

@Pradeep Mishra - Yes you can apply from Minor account also.

Thank you Johny.

@JHONNY JI
THANKU VERY MUCH FOR UR VALUABLE VIEWS FOR SAIL OFS AND I WILL BE SELLING IN PREOPEN AS I NEED THAT MONEY TO APPLY FOR OTHER IPOS.
ONCE AGAIN THANKY U VERY MUCH.

How to open minor account?
Do the minor need bank account as well?
Which broker allows minor demat & Trading account?
Appreciate as much details as possible. Thanks

You need to add 1 extra day for 26th Jan holiday

@NKJ - Minor need bank accounts to apply for IPO. Most of the banks will open minor account preferable Kotak/Indusind who allow online IPO ASBA for minors also.
Prostocks is one of the brokers where you can open minor trading account with guardian. Guardian get login pwd to trade.

Johny ji,
I am having minor bank account with hdfc bank and demat trading with Prostocks, Could you please advise like how to apply from Prostocks..
As per Prostocks website you need UPI ID and minor account can not have UPI ID. Please advise on other options...
Thank you.

Open minor account with kotak bank/indusind bank and then apply through online asba. In kotak you will have to fill up physical form to get minor Demat/Asba registration under guardian netbanking.

@Vijay Ghilani hope you exited in pre-open and made decent profit in Sail Ofs.

@JHONNYJI I DID EXITED IN MORNING IN PREOPEN ITSELF.
MADE SOME GOOD MONEY.
THANKU.

Demat ac is must!

@Eagleye mam,
With volatility in market, GMP will decrease further.

Has anybody applied for IPO of INDIGO paints on 20-1-2021.
It is not available in ASBA of State Bank of India.
Last time State Bank of INdia did not show IPO of Antony waste mangement on last day.
Please help me if possible

Today is 19th only. It will be shown on 20th i.e. tomorrow, the date of opening.