IRM Energy Limited IPO Message Board (Page 19)

Is sbi yoni stop third party ipo asba?

Yes SBI Toni stopped third party application

Is Early Listing possible? Can we use IRM Fund in Blue Jet?

yes early listing is almost confirmed
source : grey market dealers

what is special in this co. so that we have to buy @32 pe, rather mahanagar gas ltd we r getting @12pe

Definitely Valuation isn't cheap, Issue is fully priced, Hardly 5-15 % is on table in near term, At FY 24 annualized earning asking price is at a P/E of 18.62 ,whereas Mahanagar Gas is at 11.29 P/E . Still I believe management team ( especially Mr. Harshal Anjaria,CFO, and Mr. Prashant Sagar,COO) of this company and their robust future outlook, I will take this script as Long term bet and will Apply FF. 11 BHNI.

​@newgen consultancy @Tejas Pandya ji @Jetha Lal ji @PKRAJ sir, What is your take, Are You going FF?

​@newgen consultancy 1. Today Nestle declared 1:10 split can i do fresh buying for 10 percent gain in short term?
2. I have Associate Alcohol and beverages at 463 average price and IRCTC at 800 will i see a uprise in it, want to exit from both.
3. what will be the right price to enter in ITDC.

1.Nestle can give 3-4% move in short term
2.I think you should hold Associated Alcohols for some more time .It can give good returns
And IRCTC Charts are ok , no worriesBut strong resistance near 770 .
Can try to average on dips and then exit on 770 levels .

3.In ITDC can enter nearby 430-440

​@newgen consultancy your response is much appreciated, will keep an eye on ITDC and hold Associate Alcohol and thank you again for giving clarity related to IRCTC.

Not convinced about the said reasons to apply. Hence, skipping.

Need Crow verdict finally in this IPO

​@Crow

Please help which ever have be better chance of allotment. Retail normal or SHNI.

Kindly provide your comments

So retail have more chance than only in this IPO or in general??

​@SMEIPOONTHEWAY  In general, more chance in retail or SHNI depends on the final subscription, percentage of shares allocated in each category, size of the IPO, etc.,

Positive news for the investors who are holding UPDATER SERVICES. Q1 2023 results are out and the co has posted decent numbers.

Revenue up 21.3% YoY (cons)
PAT up 25.2% YoY (cons)
EBITDA up 87.4% YoY (cons)

Valuations are not cheap. Doesn't look exciting to me.
Listed bigger peers are available cheaper than this. Besides the sector is under tremendous pressure with Middle East tension and tough competition of the sector from cheaper propane gas. Although I do not expect it, but won't be surprised on a flat to negative listing....
Mainboard IPOs are performing pretty well of late so some listing gain should be there....
Sector good for long term but not so for short term.... personally may not apply. No recommendations.

Skipping .... The sector is in negative trend. With today's downward spiral of peers, this seems very costly now. Would rather buy IGL or MGL if interested.
Personal decision...no recommendations though.

In normal circumstances, I would hv said told ya so..... But based on market conditions, this has listed better than expected.
Yet, applying for this was never warranted when the sector is in pretty poor shape. This sector is at crossroads and as a relatively new company, a lot of capex will go into the some infra that could potentially be rendered a liability in a few years down the line. They had to bring in IPO as it was a matter of now or never....
On a positive side, it is an expanding company and with new areas under its belt, the revenue might see a major boost in a few quarters that may sustain the rise in profits. It should come above the listed price n give an opportunity to exit once this mayhem settles. The sector has been beaten a lot on just one bad news and then got caught int the market crash. It is bound to bounce back.

Apply or Not?
Please share

GMP going down and down, now in 45-50.
However, I am going FF with 4 bhni, open as usual. I don't mind holding for a year or two for targets of 650, 750.
I don't expect it to have a discount listing unless something drastically negative happens till listing.

This is not a recommendation. Your money, your risk profile, you decide.

@ ValueSeeker - How many LOTS in BNHI you have applied - Kindly guide adivce Thx in Advance

​@StriKER Just above threshold, meaning 69 lots = 2001 shares.

Friends your views on RR Kabel please.
I am holding ipo shares

Dear members is there any chance of discount listing in this ipo? Gmp is going down day by day. Today there is bad news for IGL in delhi. Will it affect other gas companies also? Thanks

Sorry for out of the box question

QUESTION TO Senior fellow
I hold BSE LTD SHARE FROM IPO. NOW IT IS AT ALL TIME HIGH. WHAT TO DO. SELL AND BUY HDFC BANK OR WAIT FOR MORE UPSIDE ?

IS THERE ANY MORE GOOD NEWS which I don't know FOR BSE FOR FURTHER UPSIDE ?

Kindly guide and help me for further action

My view is to HOLD. I personally hold BSE stock and going to continue it. They have reserves which they wanted to give this as Buyback offer. Buyback is failed since nobody was interested to give away this gem. Now these reserves may be given as a special bonus which can be around 300 rs or so. Plus NSE IPO is in pipeline and it is logical to hold till that time. May be government can also merge NSE and BSE later on.

​@Pbdrajkot As per your post you are holding IPO allotted shares. I am also holding IPO allotted shares from Feb.17. 18 shares @ 806.
Do you remember the pain of holding this share.
Company came back with buy back of shares in Sept. 19. @ 680, below IPO price. Accepted 5 shares out of 18 shares given. Balance holding 13 shares.
Bonus issue 2:1 in Mar.22. A good news for share holders. h/l of 2023 :
High 19.10.23. Rs. 1548.
Low 28.03.23. Rs. 406.20
Dramatic high. Can say about 4x in less than 7 months. This happens in share market. Now it is gold mine. Was it gold mine in Mar/April this year? Not bad at present to hold. One more share of MCX is also running fast with BSE. In my earlier post I had drawn attention of both these shares.
All these facts to take note for future. Any event.
is expected in near future in this share.
Keep watching.
All the best.

3rd Party Application by UPI still Working..(⁠*⁠_⁠*⁠)(⁠*⁠_⁠*⁠)

Can we apply using third party upi in IPO. Anyone please guide.

No. SEBI has stopped it. Better transfer money to that account and apply. M doing same with my other family members' accounts.

Can anyone please light on Rachna Infra, should we buy on current rate.

recently jitne bhi mainline IPO list huye hai wo apne gmp se 10% niche list huye hai.

अभी इसकी प्रीमियम इसलिए गिर रही क्योंकि सब इसको sell and apply कर रहे हैं, मतलब सारा माल बड़े खिलाड़ियों के पास चला जायेगा, और जो इसको ओपनली अप्लाई करेगा उसको फायदा होगा ll

Applying FF Here......

GMP 52-55 🔼

यह किसी को रिकमेंडेशन नही है, आप अपनी एनालिसिस करके ही डिसीजन ले ll

Thanks for explaining.

​@Mr. Singh Sir bilkul sahi kaha apne ll