total waste company. loss report kar rahi hai huge borrowings. promoters apni hissedari ofs ke through kam kar rahe hai.sab kuch pata hone ke baat retail 4× subscribe hua hai. itna badiya forum hote hue bhi log trap ho rahe hai. 🤔🤔🤔🤔🤔
112.1. PeterEngland| Link| Bookmark|
November 19, 2022 9:50:30 AM
Top Contributor (300+ Posts, 100+ Likes)
Promoters seems good to me, issue not priced fully, left decent amount on the table for investors. Hoping for positive listing considering future growth.
@peterengland aapko achha lagne se nahi hota hai. market ko bhi price accha lagna chahiye
112.3. PeterEngland| Link| Bookmark|
November 19, 2022 6:09:50 PM
Top Contributor (300+ Posts, 100+ Likes)
Market ko jab Nykaa, Zomato jaise companies pasand aa sakti hai, phir ye bechara kyu nahi? :D
PS. got allotted 1 retail lot and going to hold it for a year, don't care about profit or loss, just placing my bets after I watched interview of the promoter on Zee business. I still agree with your some of your views hence didn't go for bigger amount.
@peter england...Agar achhi company hai toh matket se uthayenge listing par. par jaan kar risk lena ye toh andhe kue me girne ke bararbar hai. By yhe way its you wish and approch how to take this ipo.(personal opinion matter most).Akhir paisa toh aapka hi hai. Hoping a good listing gains for you in this ipo
112.5. PeterEngland| Link| Bookmark|
November 20, 2022 7:12:52 PM
Top Contributor (300+ Posts, 100+ Likes)
Thanks for your wise advice, you really deserve IPO Guru tag :)
Got 2/2 Allotment in Retial after a very long time(Last Sryma Ipo), 1 Lot each, So the process of applying is always correct but only if low subscription, we have chance of allotment
Reasons for 4x sub in retail due to new investors who think 1)Since it's priced 65, it's low cost and apply 2)Since company has name 'Green Energy', Green means future 3) Inox is well known Multiplex, so inox green energy will also be good
100.2. SamJos| Link| Bookmark|
November 15, 2022 2:38:08 PM
Top Contributor (500+ Posts, 100+ Likes)
One major reason for high RII subscription is application by UPI where you have time till 5pm last day to accept mandate or not. So, now final RII figures are after 5pm last day (previously it was 12noon of day after last day).
@SamJos - No I think only mandate approved applications are included for subscription after recent rule changes.
100.4. Ou Ai| Link| Bookmark|
November 15, 2022 2:46:47 PM
Top Contributor (300+ Posts, 300+ Likes)
All applications are reckoned only after UPI mandate is accepted. Rule is already changed. RII subscription indicated here are those whose UPI is already accepted. It cannot go down after 5 PM. In fact, after 5 PM, subscription numbers can only increase with those accepting UPI mandate.
Even though its a funny statement, it doesnt go well. As your funny name reflects.
Dont underestimate / undervalue the retailers. they are very well aware what they are doing. First of all its a 10% category and obviously the percentage is in the higher side and also like in the secondary market, everybody would like to take a chance to get some 1000 Rs at least by blocking around 15000 for a week time. If market is good , this is a sure bet for 10% upper side other wise flat.or 1-2% down. thats it.
BTW, I also belongs to this category by knowing the company fundamentals very well by applying 1 lot retail.
@Ajas I just gave my opinion on NEW RETAIL INVESTORS not for all RETAIL investors. I have seen many who just start investing in shares and they just look into low value stocks thinking that its low price its will go higher in future.
100.7. Nifty Singh| Link| Bookmark|
November 15, 2022 7:39:09 PM
Top Contributor (200+ Posts, 100+ Likes)
Elon Rusk- It is the knowledge that creates differences many a time but not always. That's why the Stock market plays like a casino sometimes if not always. QIBs could be smarter and well informed than retailers, but not always, read Buffet. I hope you are well aware of present situation of Son's Vision fund. I feel it is 10% quota and small issue size which led to this much retail subscription.
LOL. What do you mean by 'Low Cost'? P/E is what matters here. "Green" means future? Then all the companies would come up with some fancy futuristic names. Inox is a well-known "Multiplex" so what? There are companies from TATA which are now a penny stocks.
100.9. K.Atar| Link| Bookmark|
November 18, 2022 7:23:30 PM
IPO Guru (1000+ Posts, 700+ Likes)
Elon, LoL, Once my friend applied to an ipo on similar thinking as you said in your point number 1. Point number 2 is also valid to some extent, if there is an adani green then inox green will be same..
However we would come to our conclusion when it gets listed. Everyone has some logic to apply in an ipo....