American markets down European markets down Japan market down
SGX Nifty down
From technical point of view Nifty failed to stick at 11,200 level and last week was one of the weakest week in the history of Indian Market. Now from sentimental point of view if Nifty fails to hold at 11000 level till allotment and listing of IPO , all GMP will crash to a nominal level.Let me put earlier examples : Cochin , Ircon , Parag etc.Weak earnings season will also contribute in pulling down the nifty.
On this auspicious day let's all pray together for having a nice weekend full of bulls so that all allottees gain in full extent.Thank you
Comparing irctc to listing of ircon and cochin is irrelevant.
Last week market was weak but still irctc was subscribed 111 times. See the business model not the company.
As for nifty... No technical analysis will work. It is trading in tight range making dodge pattern for long time. Only good and bad news can change it.
So let our finance minister announce something. If news is good then 11700 or it will go to10550. This market is operated by govt and all real operators have gone on vacation. Listing of irctc is part of it and GMP is 260 as of today. It will list very high to induce confidence in PSU which are going thru the process of divestment.
You have done wrong interpretation.I haven't done any comparision.Rail Co. should not be compared with shipping or dairy.My purpose is show the impact of bears over bulls.When all biggees suffer why not newbees.
I have thrown highlights on weakness of global markets and its probable impact on Indian market.It will be cleared tomorrow morning.
IRCTC subscribed 111x because it is available below fundamental value.If still there is any gmp of 260 , listing should be near 580 which will also get cleared on monday.
FM already announced what she had to.Nothing new before monday listing .
420. Virat singh| Link| Bookmark|
October 8, 2019 9:43:40 PM
Top Contributor (300+ Posts, 200+ Likes)
Burai par achai ki jeet har din honi chahiye
419. Virat singh| Link| Bookmark|
October 8, 2019 9:39:25 PM
Top Contributor (300+ Posts, 200+ Likes)
Sometimes msg ya mail nhi ati par money blocked ho jata hain it happens with me also no need to worry application submit ho jati hain
Is it possible to know the no of application with lots? Especially for retail. In my opinion,if the subscription is 14times, everyone can get 40 shares.
Guruji we are eagerly waiting for your comments on IRCTC. At list give some hint on when to buy on listing day. Your predictions are nothing short of prophecy.
One thing is sure that on listing day there vil b 80% buyer than seller .so my suggestion is to those who want to buy this stock those who vil not get allotment buy on listing day only.in 1year this stock vil double ur money. And those who vil get allotment pls don't sellllllllllllllllllll at any price.
Gmp vil cross 280 easily b4 listing. So good luck and make profit.
If a person is professional expert in providing buy or sell of shares, then he can give buy call of any share. If the share does not get double in 1 year what will happen to investors who acted on your advice? Please note that secondary market decisions leave it to experts and investors to decide.
411. Aniketiaf| Link| Bookmark|
October 7, 2019 1:47:54 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Give my regards to your fans like BEST WISHES and MARKET FIRST. It's rare to have a fan like them. Keep contributing. Your contribution is highly appreciated. I will always remember your PE analysis on one SME stock. Anybody who invested in it will always remember you.
When he could launch rpcl ipo , list it and merge with parent company whin 5 months way back in 2007, why not jio or retail ipo?
403.5. Eagleye| Link| Bookmark|
October 7, 2019 10:51:38 AM
IPO Guru (6600+ Posts, 21900+ Likes)
THE MOST RELIABLE List of Main board IPOs IN THE PIPELINE (Status as on 30th September 2019)
A) DRHP Filed - SEBI Approval *Awaited*:
1) Samhi Hotels >>> DRHP date 24-Sep-19 2) Ujjivan Small Finance Bank >>> DRHP date 16-Aug-19 3) CSB Bank >>> DRHP date 09-Aug-19 4) Chemcon Speciality Chemicals >>> DRHP date 08-Aug-19 5) Mazagaon Dock Shipbuilders >>> DRHP date 06-Aug-19 6) Reliance General Insurance Co. >>> DRHP date 08-Feb-19 7) Shri Bajrang Power and Ispat>>> DRHP date 12-Sep-18
B) SEBI Approval *Received* *(within the past 5 months)*:
1) Indian Renewable Energy Development Agency >>> SEBI Approval 27-Sep-19 2) Shyam Steel Industries >>> SEBI Approval 20-Sep-19 3) Bajaj Energy >>> SEBI Approval 30-Aug-19 4) Angel Broking >>> SEBI Approval 26-July-19 5) Annai Infra Developers >>> SEBI Approval 12-July-19 6) Satyasai Pressure Vessels >>> SEBI Approval 21-June-19 7) Powerica >>> SEBI Approval 07-June-19 8) Penna Cement Industries >>> SEBI Approval 31-May-19 9) Emami Cement >>> SEBI Approval 15-May-19
C) SEBI Approval *Received* *(>5 months ago)*:
10) Shriram Properties >>> SEBI Approval 09-Apr-19 11) T & T Infra >>> SEBI Approval 22-Mar-19 12) Coldex >>> SEBI Approval 15-Mar-19 13) Antony Waste Handling >>> SEBI Approval 08-Mar-19 14) Senco Gold >>> SEBI Approval 06-Mar-19 15) Heranba Industries >>> SEBI Approval 22-Feb-19 16) Vishwaraj Sugar Industries >>> SEBI Approval 15-Feb-19 17) Uniparts India >>> SEBI Approval 01-Feb-19
D) SEBI Approval *Received* *(>8 months ago)*:
18) Stove Kraft >>> SEBI Approval 23-Jan-19 19) Chartered Speed >>> SEBI Approval 11-Jan-19 20) Narmada Biochem >>> SEBI Approval 02-Jan-19 21) Prince Pipes and Fittings >>> SEBI Approval 28-Dec-18 22) Studds Accessories >>> SEBI Approval 14-Dec-18 23) Shyam Metallics and Energy >>> SEBI Approval 07-Dec-18
E) SEBI Approval *Received* *(>10 months ago)*:
24) Flair Writing Industries >>> SEBI Approval 30-Nov-18 25) Neccon Power & Infra >>> SEBI Approval 29-Nov-18 26) Inventia Healthcare >>> SEBI Approval 22-Nov-18 27) Xelpmoc Design and Tech >>> SEBI Approval 20-Nov-18 28) Zircon Technologies >>> SEBI Approval 12-Nov-18 29) Sansera Engineering >>> SEBI Approval 12-Nov-18 30) Mrs.Bectors Food Specialities >>> SEBI Approval 09-Nov-18 31) PNB Metlife India Insurance Co. >>> SEBI Approval 02-Nov-18 32) AGS Transact Technologies >>> SEBI Approval 26-Oct-18 33) Harsha Engineers >>> SEBI Approval 19-Oct-18 34) Dodla Dairy >>> SEBI Approval 17-Oct-18 35) Bharat Hotels >>> SEBI Approval 12-Oct-18 36) ASK Investment Managers >>> SEBI Approval 05-Oct-18 37) Muthoot Microfin >>> SEBI Approval 05-Oct-18 38) Puranik Builders >>> SEBI Approval 05-Oct-18
Thanks for the info, it seems Emami cement has cancelled it's ipo plan and is now looking for it's aquisition by a buyer and is in talk with companies like ambuja cement, ultratech cement for the same.