IRM Energy Limited IPO Message Board (Page 15)

Though some members have raised concerns for the restriction of the out of topic messages.

Our only point is, there should be a separate page where all these messages should be raised instead of flooding it over here.

IPO messages should be specific to that IPO which will help members in deciding either to apply or not, current GMP, company analysis.

Also there can be a separate page for the messages of upcoming IPO.

In this way members are also not restricted and proper message filtration is done.

This is rather unfair. QIB portion is now getting subscribed faster, after the cut-off of ASBA of most banks.

​@papon  Good joke 🤣 🤣 🤣🤣

This is why retail money is just money, but QIB is smart money

i am 100 prct agreed with ff mr monisha views , unnecessary questions will dgrade this ready rackner form

applyed full force, ab bas monday allotment aa jaye,
as i know R.R. kabel ka toah T+0 saturday raat 11.30 ko hee paisa debit ho gaya tha linkintime se.

Bhai, allotment 4 din baad aaya to bhi chalega, bus allotment milana chahiye 😊

Any expected record date for TCS buyback? @newgen consultancy @GJ 😀

​@kalki 
Not tracking

​@GJ 😀 Ok

1 BHNI
1 SHNI

Cut of for HDFC bank ASBA?

​@Tejas Pandya I applied in Retail this time. I had applied for HNI after 3 PM in the past IPOs and i was working. they might have changed now

@Tejas Pandya That's correct. Their deadline for SME (Both retail and HNI) is 03: 00 pm

Latest GMP 52.
Downward trajectory got reversed due to reasonable subscription on a day the sector was spooked.

applyed full force 4 application,,

QIB aa hi gaye😃
Management is good and future growth out look is very good.
Management told that Tamilnadu station will give revenue equal to current total revenue of IRM in interview.
Debt reduction will increase net profit in upcoming results , IPO money will also be available as free cash as all money wouldn't be utilised immediately that will also may give other income of intrest eventually reducing intrest cost.
Looks good overall after deep analysis but
I may prove wrong this...

Applied with full force

Will the allotment be declared on Monday, Oct 23? Can teh money be used for Bluejet

YES..

Iska toh ho gaya ab Blue Jet se 25 % listing gains lene chalte he

QIB subscription is Decent
And 15 % listing gains on Cards

GMP : 48-52

20 minutes left,,
can QIb hit half century??
currently batting at 40

​@lucky boy Run out at 44🙂🙂🙂

Hello everyone hope you are doing well

In icici net banking it is showing can apply ipo upto 4.30 pm is it for retail for hni category

and for sme ipo it shows upto 3 pm

please share upto which time we can apply hni and retail in icici bank

please reply who has icici bank internet banking

Crow Verdict: The world will continue to need natural gas to run itself at least till 2050, so it ideally should be a no-brainer to acquire a pie of a growing player like IRM Energy. Although, it's coming at a steep valuation for a business that's only active in 3 major states and 1 UT. Not to mention the profit margins are not too attractive. That's making me uncomfortable about a possible listing gaffe, despite the 10% premium right now. Still, IRM is owned by the reputed Cadila Group (if ever Cadila Pharma comes up with an IPO, I would grab it tight with my beak and both feet), so there'll likely be no flat listing. Proceeds of this IPO will go for TN network funding and debt repayment and I see no major threat from EV at the moment. Apply to gain 1 retail lot.

Crow's skin in the game: 3 applications to gain 1 retail lot.

Crow's last APPLY recommendation: Plaza Wires (41% listing pop and currently up 100% at upper circuit).

​@CoolAsh, I have not studied MGL so I can't comment. Also, PE is just one factor and not the ONLY factor when it comes to stock investing. Keep that in mind. Thanks.

​@Crow Thanks and I agree I need to learn to find time and study more.

Those who are applying, react here.
👍

​@VVIIPP Holding for 1 month horizon will exit if got some profit in between and after 1 month whatever price will be there I will sell..

​@Tejas Pandya Okay... nice.✊😃

if MGL and IGL bounce back on Monday or next week, do you get chance to apply? its all coincident or may be planned game,, risk hai to ishq hai...

I have got mandate from zerodha which I rejected and applied via asba like always . Will there be any issue ? Will my application be rejected both because of double application

No issues brother. application won't be considered as mandate was declined.

QIB knows all ASBA cut off time, so they apply after that ,,,, smart money with smart people

Decent numbers from QIB 👍