IRM Energy Limited IPO Message Board (Page 20)

@All experts
When I am trying to apply IRM energy ipo from my daughter's(minor) account in prostocks using my upi id bellow error comes
REJECTED
ORA:AMO is stopped.

Pls suggest what to do?

​@HappyToHelp 
Thank you for information.

@Master
Thanks

Expected Bhni subscription?

Important to note
- Sales and PAT lower than the peers
- Reasonable valuations at 14X
- In october 2021, issued shares to select shareholders at 42.5/share
- current issue price between 480-455/share

Anyone holding RR kable ? Should I sell ipo alloted shares ?

IPO Close Date       Friday, October 20, 2023
Basis of Allotment       Friday, October 27, 2023

Why so much delay in the allotment? This is T +5 :O
Are the dates correct?

​@MVP  Because linkintime has become linkbeforetime nowadays, we might see basis of allotment on 23rd and listing on 25th..

Let us hope so..

Simple
some.states dashara 23 and some states 24
.
So normal T+6 follow 27 is allotment day

Waiting for @Crow Verdict
FF or HF or NF ??
Please share ur verdict 🙏

IRM: 41/46

Finally yono lite stopped asba for different pan numbers applying from same account..sad

Over Subscription will be less now onward.. due to ban on 3rd part appl.. Specially in retail catagory..As Most of 3rd party application was subscribed in retail catagory..

Reduction in the subscription numbers should reflect in this IRM IPO itself, let's see by tomorrow EOD.

hello everyone...please post GMP of IRM

Dilip Davda Sir recommended to Apply in his review because of P/E 18.62. But actual P/E is 32.8.
Is the review still valid with high P/E? Expert please comment 🙏

Hi, can u please let me know that in which category I have to apply for BHNI and SHE as per the attached screenshot

Dear members why gmp is going down every day?

Because small capital company and high P/E ratio 32,
While gujrat gas, igl, petronetLNG, MGL are middle and large caiptal company in gas transmission fuels but has low PE ratio 10.5 to 17 only, so these are more attractive in secondary market then this IRM IPO

Thanks

Latest gmp.
Aply Or not pls suggest 🙏

Estimated oversubscription senior's?

Off Topic
About HUDCO OFS
Non Retail clearing price 79, same as Floor Price and yesterday closing price 80.10.
Today it is open for Retail and there may be some interest in this counter if price is maintained today well above 82 the whole day. One month High 95.90 on 04/10/2023 and Low 71.75 on 21/09/2023. Those who know more about the short term prospects of HUDCO may post their views.

At one point of time, the price touched the low of Rs.77.75. CMP is Rs.78.75. Floor price is Rs.79/-. Thus, no charm is left over in the OFS. For long term, one can purchase at the rate below Rs.79/-.

What we do apply or avoid..

Need help on which category to select for HNI in IndusInd ASBA. Request someone to guide

​@One Man Opinion If there is code IND, that is for individual PAN, retail and HNI Both. NOH is for societies and trusts. OTH is for other QIBs

Thanks @MuStrFc

Upcoming IPO’s in Queue!!

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No Fresh Buying in JSW INFRA recommend

Yes u can do fresh buying between 170 and 175. It might easily go to 210 in 2 months (20% returns).

Govt is taking lot of initiatives to improve port and cargo handling and maritime connectivity and JSW infra hence plenty of opportunities to grab its share of business. Only 2 major listed players are there JSW and Adani ports and Adani has corporate governance issues and high valuation compared to its future growth prospects.

Free float is very less in JSW infra which is make it shoot up sooner than later and promoter holding is very high which speaks the trust promoters has in its company's growth prospects. Already lot of weak hands are out but DIIs and FIIs are accumulating this stock.

I have a question about applying from Groww app, Applying from groww have any chance of allotment? How allotment works?

I will share my personal experience in the past 2 months.

In every ipo, I have applied for the last 2 months I have been using Groww only and there has not been any sign where I can conclude that due to the Groww app, the shares were not allowed. I have received allotment 4-5 times in the last 2 months as well. So I guess it is a safe way to apply.

Even I have also not allotted a single ipo, while I have opened new account in GROWW app and applied almost all IPOs, around 15 nos.
Some issue may be in GROWW app.

GMP : 65

Sir apply or not for listing gain

Can apply for 15 % listing gains