With the success of Indostar Capital Finance IPO, any likely possibility of other companies coming out with IPO ? This success will prompt other promoters to announce IPO in days to come or weeks ?
I am thinking of keeping this for the long-term (if I get the allotment). Should I keep this for long-term or just get a listing gain and sell it as soon as it is listed.
Hi All, Which bank has max cut of time to apply online like I checked with HDFC it is allowing me to apply till 5 PM. But the issue is that it doesn't allow to apply more than one application with different PAN.
*IndoStar Capital Finance* *FOR HNI/NII GET 1 LOT OF 26 SHARES* IF THEY HAVE MADE A BID OF 180 SHARES (RS. 1,02,960/-) & MORE Interest cost for share Rs 5/- only *LISTING ABOUT = 572+5= 577/-* *BUT DUE TO HEAVY OVERSUBSCRIPTION BY THE QIBS, LISTING WILL BE SUPRISING* Thanks
QIB should have been closer to 20 and NII closer to 10 for a decent listing. Global concerns are always looming and every IPO is overpriced. So there has to be some other concern for lower subscription. Perhaps market knows something that we don't.
Disc: This is only my opinion and I am just a layman.
Yes Rajat sir. PB I think is just over 2 and seems moderate. PE is also not that high, I believe. Then why less interest by biggies, I wonder?
288. R R Patel| Link| Bookmark|
May 11, 2018 5:19:43 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Indostar Capital Finance Ltd. IPO Subscription figures (BSE+NSE) on last day @4:15 pm: QIB - 16.08X (closed) HNI - 6.91X (closed) Retail - 1.14X (app. wise 1.01X) Total - 6.64X Good Figures as expected. Total 4,34,547 lots of 26 shares each are available for allotment in retail category so full chances of getting one lot per application atleast. 99% chances of positive listing i.e it may give approx 10% listing gain. I have applied single lot.
*IndoStar Capital Finance* *FINAL DAY SUBS.FIGURE AT 4:06 P.M.* QIB 16.05X** (CLOSED) NII 6.92X (CLOSED) RII 1.13X TOTAL 6.63X **Excluding Anchor Total No.of FORMS : 4,36,216 *Apps Wise : 1.01X*