86. Vnrao| Link| Bookmark|
September 6, 2023 9:01:39 PM
Top Contributor (400+ Posts, 100+ Likes)
Samhi Hotels IPO opening on 14.09.23 with a fresh Issue shares for Rs.1,200/- crores and also Offer For Sale amount to be announced. Biggest IPO in the recent past.
no bank can block amount against fd { asba } , it should be saving or current account only. earlier it was possible but not now since last 7-8 years.earler i used to block amount from my overdraft account { against fd/lic policies/gold/mortgage of house /NSC/KVP or ANY THING WHICH IS ACCEPTABLE TO BANK AS MORTGAGE
some banks are giving facility of flexi fd where balance/amount above certain threshold limit will automatically gets converted in fd. say 25000.
now from your 1025000 balance 1000000 converted into fd for predetermined tenure. say 3 years or what ever term for which you are getting maximum rate of interest.
now problem starts...............
if after 8 days you give cheque to some body having amount of 25001 , then shole 10 lakh fd will be broken by bank for just 1 rs short.so you will get int of 8 days only for 10 lakh.which is almost same as SAVINGS.{ SOME BANKS ARE BREAKING FD IN MULTIPLE OF 1000 RS WHICH IS OF GREAT BENEFIT }
ONE MORE THING IF ITS LESS THEN SEVEN DAYS THEN THERE IS NO INT ON FD, IN THIS CASE YOU ARE LOSING INT OF SAVINGS ACCOUNT ALSO.
NOW BEST POSSIBLE SOLUTION, WHICH I AM DOING SINCE LAST 35 YEARS.
GET OVERDRAFT AGAINST FD.
BANK WILL GIVE YOU 75 % TO 90 % DRAWING POWER AGAINST YOUR FD AMOUNT.
THEY WILL CHARGE 0.5 % TO 2 % MORE INTEREST THAN YOUR FDR INTEREST.
YOU HAVE TO PAY INTEREST FOR NO OF DAYS YOU UTILISE THE AMOUNT.
SO IF YOUR MONEY IS RELEASED AT 11.55 PM AFTER NON ALLOTMENT YOU CAN TRANSFER THE MONEY FROM SAVINGS TO OVERDRAFT ACCOUNT AT 11.59 PM AND CAN SAVE INTEREST FOR 1 DAY.
FOR APPLICATION TRANDS THE MONEY FROM OD ACCOUNT TO SAVING AND AFTER ALLOTMENT REVERSE.
HERE THERE IS NO BREAKING OF FD AS IN EARLIER CASE. YOU ARE JUST TAKING LOAN AGAINST YOUR FD.
SO YOU ARE EARNING HIGHEST INT RATE FOR YOUR FD, PAYING INTEREST TO BANK FOR AMOUNT UTILSED AND NO OF DAYS ONLY.
WHICH IS OF GREAT BENEFIT.
85.1. Vnrao| Link| Bookmark|
September 6, 2023 7:27:49 PM
Top Contributor (400+ Posts, 100+ Likes)
Absolutely right. Earlier Banks used to accept ASBA applications in OD accounts, lien used to be marked in available DP[Drawing Power] ie, sanctioned limit. Only on allotment funds will be drawn from OD account and interest applied. That was very deposit customer friendly.
Size 1000 (approx) This is what I thought Not confirmed
84.4. Jetha Lal| Link| Bookmark|
September 6, 2023 7:28:44 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Waiting for RHP for latest financial. Recent run of Polycab will surely make it fancy. India's 5th largest wire & cabel company based out of Mumbai backed by TPG who will sell almost half of its stake in OFS. Will see it in detail once RHP issued.
अब तो यहां पर गुरु ही नहीं महागुरु आ रहे हैं,एक MSG के पांच MSG बना देते हैं,दुसरो को मना करते हैं,खुद अप्लाई करते हैं, बाजार में क्या घटेगा,क्या बढ़ेगा उन्हें सब पता है।
heard USK , first target 44 around short temr, long term 55
79.4. Silent lion| Link| Bookmark|
September 6, 2023 5:20:12 PM
Top Contributor (300+ Posts, 100+ Likes)
Kab se kisi ne pakad k rakha tha.. Aaj ghoda bhaga hai. 10-15 % upwards movement in next 4 - 5 day
79.5. Silent lion| Link| Bookmark|
September 6, 2023 5:20:54 PM
Top Contributor (300+ Posts, 100+ Likes)
Flower samja tha but fire nikla
78. aRYANrAJ| Link| Bookmark|
September 6, 2023 5:04:58 PM
Top Contributor (600+ Posts, 100+ Likes)
Promoter is well educated, business is settled but competative and thier model is unique. Yatharth listing ghost may haunt here. Will apply only for listing gains and see where it lists. Thier new hospital will start working by next year or two so chance of getting this flying after listing is less. One extra plus point is good response seen in anchor book. So good listing is a surety unline Yatharth. Applying for listing gains.
I think isme apply karnese accha hai 15000 LT buyback me dal de,, usme guaranted 1200-1500 profit to milega, 5 ac ho to bhi 5000-6000 pofit milenge. Fear of Yatharth and RAinbow... Same situation same GMP, last ma dav karyo.
firstly rainbow GMP was averaging less than 10% till the IPO listing and its subscription was very poor. So your facts are wrong. However its story after listing is known to everybody 😇. Yatharth listing was never in discount and it bounced back the very same day. So it all depends on your risk appetite. Good that you are skipping 😇 and improves the allotment chances for others
if u participate in LT Buyback, ur funds will be blocked for around 20 to 25 days I between 3-4 IPO opportunities will be missed. And I don't think LT buyback will give 8-10% return Rest ur call
here most of people sell on first day, so later what happen that doesnt matter.. and 10% return in one account so ,if 10 account so 10*10 = 15000 , so here in ipo, many people applied since a long , till not get alootment, 10 applcation hardly got allotment but in LT, defivitely got 15000 around either in 10 days to 30 days. Not a wrong i think so, calculate,,,
73. YBPK| Link| Bookmark|
September 6, 2023 12:22:53 PM
Top Contributor (200+ Posts, 600+ Likes)
Jupiter Hospitals, average revenue per bed per day is Rs 25,753 based on 950 beds Medanta has average revenue per bed per day of Rs 34,427 , based on annualized Q1FY24 results and 2467 beds Yathartha has average revenue per bed per day of Rs 12,100, based on annualized Q1FY24 results and 1405 beds KIMS has average revenue per bed per day of Rs 16,600 , based on annualized Q1FY24 results and 4100 beds Revenue and profitability growth will depend on how company manages to improve mix at Thane and occupancy rate at Pune and Indore. The attrition rate for doctors (who work as consultants at our hospitals) was 1.85%, while the attrition rate for nurses was 27.97% for 22-23. Yathartha has attrition rate of around 100% while Medanta has attrition rate of 31% for Doctors and 50% for nurses. For a people centric business, low attrition rate is a huge positive. Company has 3 hospitals with 950 beds, largest being Thane, followed by Pune and then Indore EBITDA margin of 14.54%, 21.35% and 23.45% for 20-21, 21-22 and 22-23 Borrowings of Rs 350 cr, carrying interest rate of 7.5% to 8.85% are proposed to be repaid, in parent company Borrowings of Rs 240 cr, carrying interest rate of 8.9% to 9.8% are proposed to be repaid, in subsidiary Excellent cashflow for the last 3 fiscal with CFOB4T consistently over Rs 130 cr. Combined CFOB4T for last 3 years is Rs 474 cr against PBT of Rs 220 cr Interest paid in 22-23 was Rs 42 cr which could be reduced to immaterial amount after prepayment Company appears to be planning to fund Dombivli project through internal accruals which shows their confidence in business model as well as fiscal management. YoY revenue has increased 22% while other expenses have jumped 23%. Line items like direct overhead, food expenses, electricity charges have jumped more than 50% Borrowings from HDFC Bank, Axis Bank, Bank of Maharashtra are in the range of 9.25% to 9.80% In 22-23, addition to tangible assets was Rs 74.5 cr which mainly comprised of medical equipment Rs 36 cr, furniture and fixtures Rs 9 cr, plant & equipment Rs 6 cr Pre-IPO placement done @ Rs 735, same as IPO price. Strong anchor book Focused, hands on promoters with medical background Company appears to be following D’Mart model for growth, own land, target middle and upper middle class segment, debt averse, better profitability through high asset turnover.
Sir congratulations for concord advice to invest and holding still, nowadays public. See oy grey market rate but not grey .arket trade which is very less in ratanveer and Jupiter so remain cautious ⚠️ before applying
I have in IPO HNI category.. sold to recover my investment.. holding shares from the profit with SL of 150.. if it falls below 150, i am out of it.. will hold for next 1-2 years if it remains above SL...