Jupiter Life Line Hospitals Limited IPO Message Board (Page 30)

Zero to Hero or Hero to Zero don't happen in one day. One needs to understand business, financial, ratios, growth, sector, management intention & integrity, valuation and keep them on track every quarter and whereever anything among them come under doubt then press exit button.
Most of them mentioned above have two things in common Unmanageable debt or disintegrity of promoter(ADAG & JP)

Thanks.

@S. B JAIN,
1.ICICI BANK
2.YES BANK
3. KOTAK BANK (Not all types of Acs from kotak allow this ask bank personnel about this)

​@Vimal Garodia are you sure about about kotak bank?
i had talked to their representative about kotak activ money
their response was unsure?
which category of account would be helpfull for me any specific?

​@S.B JAIN Any Kotak bank account that supports ActivMoney will meet your purpose. I would personally suggest Kotak 811 Zero Balance Account.

I do not have Kotak Bank Ac. I gathered this i formation from this forum. May be some member from this forum having Kotak Ac can help you with this.

I have ICICI Ac and it works very well.

Hope this helps...

ONLY UNION BANK PROVIDE SUCH FACILITY IN ALL GOV. BANKS

You can use IDBI Bank flexi fix deposit for IPO application and set this fd in your saving or current account. I am using this facility for my mother account and yesterday I have applied Ratnavir precision through this Ffd cum saving account

@Pbdrajkot ipo apply karne se ffd toot jati hai kya??

@ADP IPO APPLY KARNE SE FFD NAHI TUTENGI. IT WILL ONLY BRAKE WHEN YOU HAVE RECEIVED ALLOTMENT IN IPO . SO IT MAY BE SOME MONETARY LOSS IN FFD BUT PROFIT IN GOOD IPO

Indusind bank

Any one can suggest if this is possible via SBI?

​@IPOFreak Not possible from SBI fixed deposit. SBI do have a sweep-in account, but that works very differently and I have not heard good things about it.

IDFC doesn't provide online ASBA facility for minor acct, you have to submit offline application from branch

​@sashah , Thanks for your response.
I'm looking for a bank through which I can apply for Minor.
Till now Axis was an option but isn't anymore with 3rd party being barred.

I was earlier. Now I have closed it. It may be applied by netbanking through minor login id with login. Password

​@arunARUN Sir if I remember correctly you applied for HNI category in tvs supply chain..did you got allotment?? and you are holding or sold..

Most of the time I sell allotted shares on listing day. I think one should make a firm strategy for alloted shares..if he wants to hold he should always hold all allotted IPOs or he should always sell on listing otherwise it happens many times we sell winners on listing and keep holding losers..

Hi Arun,

I have the exact opposite experience.
I do fundamental analysis and try to estimate the growth trajectory, if i find fundamentals to be good, i apply in even non fancied ipo and retain/hold them for long term

the ipo where I was alotted and holding for long term : CMSinfo(1.7x), sbi cards(1.1x), Fusion(1.7x), Medanta(2.1x), Magson(1.3x), Polycab(9x), Patanjali(2x)

The best returns are in polycab which i think will still double from here in 3-4 years which is a decent return in my opinion

I sold Rosary, kaynes and MTAR, Adani wilmar, Aether thinking there is too much fancy and i might get a chance for a better entry but couldn't enter afterwards( learned that fundamentally good stocks should not be sold even in fancy because you never know how much they would run in a bull market)

Sold yatharth, insectiside, and maybe 2-3 more where i wasn't sure of fundamentals or corporate governance and applied just because of ipo fancy( gmp)

LIC and dharmaj are the only 2 ipo's where i incurred loss in 4-5 years of ipo experience, lic sold on 1st day, dharmaj holding for some more time

I think the key to making long term wealth in stock market is to hold onto your winners and cut losers so fundamentally sound stocks should not be sold on the 1st day

I rebalanced my entire portfolio in peak of 2021 and thinking of rebalancing it now, patanjali and nucleus seems to be the weakest links in my portfolio and thinking of reducing them( they are already 1.8x in 2 years so no complains even if they go down a bit)

do rate the helpful posts

​@Aaashish Ji
I follow similar strategy. Wherever i am convinced with fundamental ,financial and growth prospect of the company then i don't care about GMP. If allotted then hold it tight until conviction is on track and valuation is not insane or growth dry.
I don't apply in weak fundamental or overhyped IPO(eg. LIC or Paytm).

​@Aaashish 
Please do simple analysis on each of the IPO till date. take the closing price on IPO listing day. Take the closing index on same basis. Assume all sales proceed has been invested at closing index
See the value of current holdings as a portfolio. and then judge your method or stock picking capabilities
Please remember index is least risky format as it is least volatile over a period of 3 4 years. Individual stocks are more volatile. In case you made returns on portfolio greater than 5% per year on portfolio over the index then do market selection rather than bothering about IPO allotments

​@arunARUN @Tejas Pandya 
I exactly follow the strategy explained.
Most of the time, I sell every alloted IPO at preopen, because I do not have that much of time to track the price whole day.
And another reason for sell at listing is due to limited fund, which I rotate for all IPOs.
So, can't block money.
I think I lost only on Nuvoco, Cartrade, LIC, Rainbow, SBIcards.
​@Aaashish 
​@Jetha Lal 
I have a great respect for your fundamental research, but due to limited fund, I simply leave them on the listing time itself.

Applying for IPO after fundamental analysis is difficult to digest. Veracity of what we take as fundamental is questionable as the data in the RHP is more often than not apparently incongruous. One incongruity is mostly common I.e just before the ipo the performance is unbelievably high.
So why should we believe in questionable data ?

IPO predominantly means 'Immediate Price Opportunity ' . Char din ka chandni.
Better regret selling than regret keeping.

​@arunARUN Yes, you r right.✅️ mine personal experience says the same. Applying for last 2years.
Sold on listing day istself in almosta all the ipos and made profit. but hold on sjs industries and rainbow hospitals made me into huge losses even after holding them for 1 year.

So better to sell of listings, but yes one can observe the market for 1 week.

​@RokdaMaker holding Rainbow for 1 year made huge losses for you? It’s double from IPO price, so not sure if you got that right..

@kapz sorry, made losses in both.First in sjs enterprises after holding for more than 1 year.

And later planned to hold rainbow... but even after holding for around 3 months sold for 1k loss.
And unlucky me, just after that got boomed 💥

Ps. Got 1 retail lot in ipo

​@Asoke sarkar 
I think you have changed a lot after LIC episode.

I usually sell on the listing day. Probably the only ipo I did not sell on listing day was LIC.
Another one I held onto but Probably sold almost at par were Glenmark and IEX.
Well, I would stick my neck out and prefer selling all on listing day ( since I am not able to do continuous research on these shares)

@IPOTRADERS
I shall remain ever grateful to you if you kindly disclose the change you find in me.
Feel free without any hesitation.
Thank you.

​@Jetha Lal  ji

Thanks for the response and good to know that someone else is following the same strategy

​@arunARUN 

I did the calculation as suggested by you

the results are as following ( stock return/index return)

polycab : 4.7x( 4.5 years)
CMS : 1.35x(1 years 8 months)
medanta : 1.57x( 10 months)
sbi cards : -.44x( 3years 6 months)
Fusion : 1.75x(10 months)
Magson : -.16(1.5 months)
patanjali : 1.2x(1 year 4 months)

so after updating the price to closing price, I am in loss on Magson and SBI cards additionally, I was earlier considering issue price and didn't care about index return because if i can't beat index return then there is no point in investing directly in stock market

Additionally, I forgot to add paytm where i lost in IPO apart from LIC and dharmaj( sbi cards also if you take opening day price as an indicator).

Paytm : applied due to huge lending potential, still invested, averaged out and now -4%

All in all, IPO investing has been quite fruitful for me, though of late i don't get much allotment due to huge subs

I do direct investing also as per my risk appetite and have made good returns, the best investment till date purely in monetary terms for me has been nucleus and infy(3x in 5 years)
nucleus (1.75x in 1.7 years)

@Asoke sarkar 

I understand that you mean the quality of data available in ipo could be sub-standard but that can be said about the companies listed in stock market also

In India, it is very difficult to gauge corporate governance of unknown companies and known companies won't give outsized returns, everyone is buying them already like HDFC, ICICI, RELIANCE, TATA etc.

So based on the info available in the market, interview from promoters, info shared by fellow boarders, our own channel checks if possible could help in determining the fundamentals of the company and take a bet accordingly.

I will give you an example Asoke ji

Polycab : My uncle has a electrical quipment related business and he said polycab switches are good and they were advertising also( paresh rawal ad) if i recall correctly, now normally a company would only spend on ad if they have belief on their prodcut and want to gain market share, so plycab was a bet that i took confidently

Medanta : Anybody in North-India would know how good they are( they are on par with Apollo/Fortis if not better and patna hospital was going well, i asked around( patna friend)

Paytm : Many serial entrepreneur say Vijay shekhar sharma is quite good and a driven man, if not him who, so still persisting with the bet

SBI cards : well known brand, credit card was sun-rise industry, UPI wasn't that prevalent then, now thinking of exiting out, valuations are attractive and price discovery has been done so that;s why still invested, will take a call in some time if increase the position or exit out completely

CMSINFO - asked around from banking friends and they confirmed cms solutions were being used by many banks and their service is good, valuations were fine and sub was low, so invested even though there was no GMP
Fusion : Again low valuations, read some research reports and took a bet, will increase allocation in this counter, MF sector could be a multibagger given low fancy

Magson : Good brand, retail fancy could make this a multibagger, profit in absolute terms( cmp/issue price), loss if closing price on 1st day is taken, holding it and won't sell until i could find some misgovernance or bad stuff about this, this could be 5x in 2 years if it generates good profit in coming quearters or if some big investor enters this counter

Apologies for the long post but wanted to convey my rationale behind the strategy I am employing,hopefully many more can apply this and hold on to their winners and i can continue spot good stocks and hold onto them if i get the allotment.

Do rate the helpful posts

image for quick read

Is there any problem if we still applying third party asbA from axis bank?

Third party application.. Will become the history in the coming one/two months.. there will be no 3rd part application possibility from 1st Dec onword.. although Sbi yono lite. Axis.. ..are still allowing to apply 3rd party application.. I personally using sbi yono lite & also got allotment.. In vishnu & Rishab..

​@Justalearner I am using SBI Yono and PNB for 3rd party applications.

SBI allows joint account holder to place asba bid from net banking. I think, we should open a joint account with sbi if we wish to continue place bids for others.

If it true then what happen with my child minor axis bank account which I use for ipo..if anyone know please explain what are solution for this.in real manner I use my four child account with my axis bank account for ipo...is all things are finished..