Look @ the pledge percentage of the shares of the company, taken from RHP
86. Jetha Lal| Link| Bookmark|
September 25, 2023 12:37:57 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Among all Adani companies which hammered down during Hindenburg saga, two adani companies reached near previous high are ADANI PORT & ADANI POWER which are just 8-10% down from previous highs. The present government is very focused on building infrastructure in the country and port is key focus of government for boosting export. All big institutions want pie of this development and It is visible from Anchor book of JSW port.
My few concerns in this IPO are dependency on group companies(JSW Steel) for revenue(>50% revenue) and few type of cargo handling i.e coal, steel etc there is nothing wrong on these products but it would be much better if cargo handling would be much diversified products like Electronics, Finished petroleum products, automobiles etc. I am still analysing and thinking about this company and haven't made my opinion about this.
Thanks.
85. k l patel| Link| Bookmark|
September 25, 2023 12:33:24 PM
Top Contributor (500+ Posts, 200+ Likes)
what is the reason for only 10% quota given to retail
Also, I forgot to consider 7% interest in SB account for ₹1.5cr. That will be approx ₹10 Lakhs, So now we need just 10 Mainboard IPOs and 15 SME IPOs. Very much gettable with large capital.
83. jay here| Link| Bookmark|
September 25, 2023 12:23:23 PM
IPO Mentor (700+ Posts, 500+ Likes)
great chance of allotment in hni,avoiding all smes(block/unblock game)going FF here.
In my view gain wil be ranging from 5 to 20%💎
Everything depends on QIBS,we may see 20k crore++ by them.
Hello friends, I am applying for this IPO. While applying from my father's Zerodha account for this IPO, is it ok if I put my UPI id for payment? Will it get cancelled? Thanks in advance.
81.1. Gujju IPO| Link| Bookmark|
September 25, 2023 11:01:35 AM
Top Contributor (400+ Posts, 200+ Likes)
It is consider as a third party application and it is Ok
Facilitator Code column is optional ... For Each HDFC sec employee they assign a facilitator code , suppose u apply with a help or recommendation from an HDFC sec employee , he may ask you to write his facilitator code ...so that it adds some value for him ... other than that personally for you it is not going to value add anything ... hope i made my point clear...
75.1. arunARUN| Link| Bookmark|
September 24, 2023 3:42:18 PM
IPO Guru (1900+ Posts, 1600+ Likes)
@newgen consultancy Muthoot Microfin is not connected with Muthoot Finance in any manner. Similarly IRM energy is not subsidiary of Zydus so shareholder quota is unlikely
Sir Cadila pharmaceutical ( now zydus ) owns around 48 % stake in IRM I don't say exact chances but very small chances exist
Also Muthoot Finance own 54 % stake in It's Microfinance arm . I know it belongs to Muthoot Pappanchan as parent but still chances exist
75.3. arunARUN| Link| Bookmark|
September 24, 2023 7:53:26 PM
IPO Guru (1900+ Posts, 1600+ Likes)
@newgen consultancy Sorry to correct you. It is Muthoot Fincorp not Muthoot Finance. Muthoot Fincorp is not listed. In that way all govt companies are related with each other as GOI is ultimate owner. As per SEBI rules it does not work in this way. There needs to be holding company and parent relationship Only exception so far has been LIC wherein it gave discount to its policyholders which were its customers. For life of me I can not understand that exception
69.2. arunARUN| Link| Bookmark|
September 24, 2023 3:47:58 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Flood of IPO is avoid special audit required for IPO bound company post Oct 1, 2023. As March 2023 financial will no longer be valid for RHP purposes (latest last 6 month financial)
69.3. Basuvr| Link| Bookmark|
September 24, 2023 11:26:43 PM
IPO Guru (1800+ Posts, 1000+ Likes)