Karda Construction Ltd IPO Message Board (Page 8)

59. KING VINOD | Link | Bookmark | March 20, 2018 2:59:35 PM

IPO Guru (2500 Posts, 5400+ Likes)

Karda Construction Limited IPO
Latest Subscription Figures as on Third Day @ 01:50 PM
QIB (NSE+BSE) = 0.00X + 1.55X = 1.55X
HNI (NSE+BSE) = 2.07X + 0.09X = 2.16X
RII (NSE+BSE) = 0.25X + 0.38X = 0.63X
Total (NSE+BSE) = 0.95X + 0.38X = 1.33X

59.1. Pranav savjiyani | Link | Bookmark | March 21, 2018 12:04:38 PM

Latest subscribe figur

59.2. KING VINOD | Link | Bookmark | March 21, 2018 12:07:47 PM

IPO Guru (2500 Posts, 5400+ Likes)

Karda Construction Limited IPO
Latest Subscription Figures as on Last Day @ 11:05 AM
QIB (NSE+BSE) = 0.00X + 1.55X = 1.55X
HNI (NSE+BSE) = 2.07X + 0.10X = 2.17X
RII (NSE+BSE) = 0.35X + 0.53X = 0.88X
Total (NSE+BSE) = 1.00X + 0.46X = 1.46X

58. kenil | Link | Bookmark | March 21, 2018 11:59:06 AM

latest subscription ???

57. Pranav savjiyani | Link | Bookmark | March 21, 2018 11:48:16 AM

Latest subscribe

56. Vishakh bhatt | Link | Bookmark | March 21, 2018 11:24:44 AM

Latest subscribtion??

55. sonal patel | Link | Bookmark | March 21, 2018 1:53:17 AM

IPO Guru (1600+ Posts, 5800+ Likes)

tommorow last day....dekho kya hota,,,,real action start after 2 pm

54. ~~Cool Sunshine~~ | Link | Bookmark | March 20, 2018 8:47:35 PM

Due to small size IPO, it is expected to list positive with operators and speculators playing in the stock in the ''Initial'' days post listing.
It is futile to discuss how much listing gains as ''Initial'' days will be very volatile for this small stock and it all depends on individual ''s ability to exit at right time.

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54.3. ~~Cool Sunshine~~ | Link | Bookmark | April 2, 2018 1:25:25 PM

Warren Buffet is outdated and un-imaginative (sic)

54.4. ~~Cool Sunshine~~ | Link | Bookmark | April 3, 2018 9:14:43 PM

Consortium of multiple IDs continues to change IDs frequently and as always continue to attempt twisting others posting to indicate that their multiple IDs and their parent IDs are the only one to look for.

I post above message in the context when everyone was guessing the listing price randomly without any justification and it did not include any suggestion (direct or indirect) to subscribe to this issue and I have not participated in IPO.

Despite several experts singing songs in its praise, I am not looking to INVEST in this stock... I may put money in this for TRADE only if I see an opportunity for myself.

53. ~~???????????????? ROY ????????????????~~ | Link | Bookmark | March 21, 2018 12:55:06 AM

Clearly will be operator driven stock...as usual with less market cap.

I'm not trusting a localised realtor getting listed for the sake of it, with concentrated operations and various negative concerns... Not applying.

52. ipo share | Link | Bookmark | March 20, 2018 11:42:58 PM

IPO Guru (1600+ Posts, 800+ Likes)

For Financial year 2017 - Net Profit 8.0 Cr, Total debt 133 Cr.
Very small company, very risky bet.
Can surprise only if operators show interest.

51. ipo share | Link | Bookmark | March 20, 2018 3:53:48 PM

IPO Guru (1600+ Posts, 800+ Likes)

True, old experts are urgently required for their expert opinion. Without them, it is becoming very difficult to decide which IPO is best suited to retail investors.

51.1. RAJAKUMAR | Link | Bookmark | March 20, 2018 11:29:18 PM (1400+ Posts, 1200+ Likes)

Qib will not interest in small issues. So you look closely on HNI category. If HNI category subscribes above 30 to 40 times before 2 pm you can apply this company without fear. Moreover Retail will subscribe above 5 times so you will not get firm allotment.

50. P M | Link | Bookmark | March 20, 2018 11:21:34 PM (1100+ Posts, 1100+ Likes)

Subscription Day - 2
================

Qualified Institutional Buyers (QIBs) ---------- 1.55x
Non Institutional Investors (NII) ---------------- 2.17x
Retail Individual Investors(RII) ----------------- 0.78x
Total ------------------------------------------------- 1.42x

50.1. P M | Link | Bookmark | March 20, 2018 11:22:28 PM (1100+ Posts, 1100+ Likes)

Correction - Subscription Day - 3

49. Aniketiaf | Link | Bookmark | March 20, 2018 9:23:02 PM

IPO Guru (1800+ Posts, 10200+ Likes)

GMP on 20 Mar at 16:00Hr
Mdnl. Nil
Karda. 15-17

48. Aniketiaf | Link | Bookmark | March 20, 2018 9:22:20 PM

IPO Guru (1800+ Posts, 10200+ Likes)

GMP on 20 Mar at 16:00Hr
Karda. 15-17
Bandhan Bank 17-19

47. RAKS | Link | Bookmark | March 20, 2018 7:47:03 PM

Do I need to apply for this IPO for listing gains ?

46. KING VINOD | Link | Bookmark | March 20, 2018 4:04:49 PM

IPO Guru (2500 Posts, 5400+ Likes)

Karda Construction Limited IPO
Latest Subscription Figures as on Third Day @ 03:00 PM
QIB (NSE+BSE) = 0.00X + 1.55X = 1.55X
HNI (NSE+BSE) = 2.07X + 0.09X = 2.16X
RII (NSE+BSE) = 0.26X + 0.44X = 0.70X
Total (NSE+BSE) = 0.96X + 0.41X = 1.37X

45. Pinakin Patel | Link | Bookmark | March 20, 2018 2:46:40 PM

Latest subscription figure? Please post

44. vagupta | Link | Bookmark | March 20, 2018 1:35:05 PM

What is the call for Karda now?
Apply or avoid?
QIB and HNI invesotrs looks interested in it

43. Mumbai DON | Link | Bookmark | March 19, 2018 11:17:32 PM (200+ Posts, 200+ Likes)

eagle eye, septa sir , gamble ji wer u all guys???why not coming out ????
this is the tough situations for all investors as they confused abt too many ipos.
they need ur guidelines. but if u r not able to cme in this form than there is no value of this form.

43.1. Fakhru | Link | Bookmark | March 20, 2018 12:47:03 AM

Eagle Eye, Septa and Gamble have left this forum because of stupid investors in this forum who have no basic sense in investing and who do not contribute but only want to gain out of other people''s knowledge.

43.2. Sanja | Link | Bookmark | March 20, 2018 10:19:46 AM

Agreed...this forum has no valued without this 3 experts...

42. Anarchist | Link | Bookmark | March 19, 2018 6:23:23 PM (500+ Posts, 1400+ Likes)

The ascent may be sharp but the decent, once it begins, would be even steeper...Not a quality scrip...By no means..

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42.1. Dr. Jan Itor | Link | Bookmark | March 19, 2018 8:11:01 PM

Any reasons @Anarchist? Looks to be at par with a few listed residential builders on most parameters. Any promoter based concern?

42.2. v for vendetta | Link | Bookmark | March 19, 2018 8:22:55 PM

IPO Mentor (500+ Posts, 500+ Likes)

Agree with you Anarchist.
Seems to be just an average issue, nothing sort of that you can hold in your portfolio for a good gain in future. Most likely I will skip this issue.
BTW, did you apply BB? I gave few apps today.

42.3. Anarchist | Link | Bookmark | March 19, 2018 10:37:29 PM (500+ Posts, 1400+ Likes)

@ Dr. Jan Itor

If you have been following the news around this sector, the state govt (Maharashtra state) has recently reduced the ready reckoner rates for NA properties. This should make the black money component of the deals to rise as the builders would try to avert both paying higher taxes or selling properties at lower rates....Real estate businesses confined to TIER II / III cities invariably involve black money transactions....This is going to affect the margins in the days to come..

Also it''s the same case of comparing one companies past with another''s present or even future while arriving at fair valuations....Most real estate company stocks have corrected drastically over the past few days but strangely this value erosion has not been taken into consideration while comparing....Current TTM P/Es of Brigade,, Sobha, or Indiabulls real estate which are 18, 24 and 24 respectively ..These are big players with 3500 Cr plus market cap ... Also Kolte Patil''s TTM P/E is 19.6

The positive for Karda is the scarcity premium ..(Low floating stock), so there will be a post listing rally ...But since there is not much valuation gap to swear by, the momentum would diminish and people would scramble to sell ... Hence its nothing more than a very short term bet ..

42.4. Anarchist | Link | Bookmark | March 19, 2018 10:49:46 PM (500+ Posts, 1400+ Likes)

@ v for vendetta

Bandhan in all likelihood would keep delivering stunning results for the next few years ... It''s a quality stock with unique business model ...You did well by applying. FED would hike rates by 25 bps the day after and if during the testimony, Powell refrains from thumping the table to celebrate economy''s progress so far, (like Indian policymakers) the losses would be recouped quickly ...

42.5. Dr. Jan Itor | Link | Bookmark | March 20, 2018 12:55:26 AM

Thanks Anarchist.

41. Dj | Link | Bookmark | March 19, 2018 7:04:11 PM

Don''t know why for such a small size IPO, 4 days have been allocated ? out of the long list of IPO''s IMO this is going to give better listing gains (even though it lists in T group)

40. Dr. Jan Itor | Link | Bookmark | March 19, 2018 5:40:48 PM

Yes. I looked up a little. Sandhar is a good (but not great) performer for 4 years but is asking for higher price. So, I probably won''t apply for it. Only options now are Karda or nothing.

Thanks BD, FS and SA sirs for your recommendations.