106. abc xyz| Link| Bookmark|
December 20, 2022 7:09:21 PM
IPO Guru (1400+ Posts, 1400+ Likes)
The Common man is badly affected mentally & financially by the poor services of RTA. Karvy was also involved in the Big scam earlier and large numbers of Common people were financially disturbed. But we all gets forget it and when the real opportunity comes to us we don't teach a lesson to them and due to this reason these people gets encouraged to repeat it. Due to bad experience of recent main ipos one may be cautious before applying and lastly Suno Sabki par karo apne hi Man ki.
1)When I am trying to apply through ASBA,I get only RII option, can I apply for more than 2 lakhs in this category? Will it be considered or rejected?
Please confirm as I am unable to get clarity for HNI category
105.1. PeterEngland| Link| Bookmark|
December 20, 2022 4:15:00 PM
Top Contributor (300+ Posts, 100+ Likes)
Your application won't be rejected, the exchanges don't care about RII or HNI option present in ASBA, they put your bid automatically into the relevant category based on the bid amount.
very bad service Register . My long pending share of Deepak fertilizer 100shares not received.
104.2. Chem cho| Link| Bookmark|
December 20, 2022 1:35:28 PM
IPO Guru (2600+ Posts, 2700+ Likes)
if you have given share to the bank for dematerialisation then catch the bank and not karvy , it is the duty of bank to write to SEBI PL follow the procedure
Looking into the present market scenario it is necessary to take proper care in applying in main line IPOs. To save hard earned money should be the first priority. Any decision taken on sentiments may prove very difficult. Don't be so aggressive, keep yourself away from addiction. Be cool and wait for good IPOs to come. To compare KFin with CAMS doesn't look reasonable to me. This IPO is not good, looking into OFS, pricing and past history. But lot of investors have applied. Money is yours and decision should also be yours. SMEs are running in totally different way. Some very good listing but very small ones. But difficult to get allotment in good one due to very heavy subscription. Enjoy ups and downs of Share Market.
102. PeterEngland| Link| Bookmark|
December 20, 2022 10:58:18 AM
Top Contributor (300+ Posts, 100+ Likes)
I'll subscribe to LinkInTime IPO instead (whenever it comes)
101. Liger| Link| Bookmark|
December 20, 2022 9:57:34 AM
Top Contributor (300+ Posts, 500+ Likes)
UTI Bank to Axis Bank Karvy Fintech to Kfintech
Can be applied for Long term. Not much downward risk.
100. Chem cho| Link| Bookmark|
December 20, 2022 9:48:43 AM
IPO Guru (2600+ Posts, 2700+ Likes)
QIB IS almost full on second day
99. arunARUN| Link| Bookmark|
December 20, 2022 9:01:40 AM
IPO Guru (2000+ Posts, 1700+ Likes)
Intend to apply as sHNI by tomorrow morning as most likely retail quota in this issue will fill up application wise
98. Chem cho| Link| Bookmark|
December 20, 2022 8:08:11 AM
IPO Guru (2600+ Posts, 2700+ Likes)
high risk investors to apply long term good it is having good companies to manage
97. PeterEngland| Link| Bookmark|
December 19, 2022 10:33:17 PM
Top Contributor (300+ Posts, 100+ Likes)
@Chittorgarh Admin, very helpful addition of P/E (x) and Market Cap (₹ Cr.) in IPO details, thanks a lot 🙏
96. UjwalG| Link| Bookmark|
December 19, 2022 7:14:48 PM
IPO Guru (1300+ Posts, 600+ Likes)
Was checking demand on Bse website, since qib is 1x filled https://www.bseindia.com/markets/publicIssues/CummDemandSchedule.aspx?ID=5968&status=L In terms of qib quota Fii ~27% of qib quota Domestic funds =0% Mutual funds =0% Others ~67% Which type of funds come in others? Any idea?
96.1. jajo| Link| Bookmark|
December 19, 2022 9:40:44 PM
Top Contributor (300+ Posts, 200+ Likes)
@UjwalG, usually Domestic QIBs and MFs apply in an IPO on the last day, that too in the second half before the closure time.
96.2. UjwalG| Link| Bookmark|
December 19, 2022 10:07:55 PM
IPO Guru (1300+ Posts, 600+ Likes)
Yes sir i know that. My point was who are these "others" that subscribed on first day itself? Generally i feel big institutions wait till last moment to apply because they dont want to keep the money blocked for longer period.
If QIB quota (75%) is under subscribed, the shares from QIB quota can be shifted to retail/HNI, as done previously in some cases.
95.5. PeterEngland| Link| Bookmark|
December 19, 2022 5:52:07 PM
Top Contributor (300+ Posts, 100+ Likes)
QIB subscription is no longer reliable, recent example is Uniparts, had crossed 69X but resulted in total flop show. Best to take decision on expert's reviews, company's past sins and future prospects and finally check if promoters have left anything on the table.
Because of poor past track record sebi has not allowed it to have retail quote more than 10%. This way sebi tries to protect retail investors from getting trapped in such fraud companies
95.7. jajo| Link| Bookmark|
December 19, 2022 9:47:43 PM
Top Contributor (300+ Posts, 200+ Likes)
@Abhijeet Kumar, Due to a loss incurred by KFin Tech during FY22, as per SEBI riles the company has to restrict the quota at 10% for the Retail investors.
95.8. PeterEngland| Link| Bookmark|
December 20, 2022 10:56:56 AM
Top Contributor (300+ Posts, 100+ Likes)
@jajo, I don't understand how they cook up 67.8cr profit on Sep-21 quarter while suffered losses of -64.51cr during entire 2020-2021 financial year.
And if you look at the PAT before 2020, the numbers are very poor.
95.9. arunARUN| Link| Bookmark|
December 20, 2022 11:32:17 AM
IPO Guru (2000+ Posts, 1700+ Likes)
@peterengland Please see management discussion on accounts. You will find that cause was writing of good will in that year. As Goodwill can not be now written down for tax purpose but has to be proved to be impaired so that is removal of that large expense and consequent profit For service companies important part in EBIDTA. Focus on that
95.10. k l patel| Link| Bookmark|
December 20, 2022 1:09:02 PM
IPO Mentor (600+ Posts, 200+ Likes)
@arun proved to be impaired means what they do?
95.11. arunARUN| Link| Bookmark|
December 20, 2022 3:25:28 PM
IPO Guru (2000+ Posts, 1700+ Likes)
What is Goodwill? It is an accounting entry to reflect surplus value over asset. Supposed i bought business at Rs 200 and Rs 100 was asset value then for accounting purpose Rs 100 (200-100) will be goodwill Earlier IT used to allow writeoff of goodwill over 10 year period. Now that has been stopped. Now i have state and prove to auditor that the business which i boought was not generating as much profit and if i were to sell it today i will get only Rs 160 with asset value of Rs 70. Which means i am now Good will has reduced to 90 (160-70). This is called impariment. Now a days showcasing impariment is not that easy as one has to give reasons to why that original good will has reduced
ab main 100% sure ho gaya hu ki 100% allotment main setting hoti hain..
reason 1)registrar ne khud se setting lagayi hogi or kaha ki application lagao QIB categary bhindhast allotment nahi milega kuki grey market hee nahi hain, just subscriptions badhane ke liye es saab kiya. 1x QIB first day.
2) more than 1000 cr issue hain or maine apne 7 years IPO experience main nahi dekha ki QIB 1x on first day,, jab ki issue ka grey market main demand bhi nahi hain. 3) agar grey market 30% hota toah main samaj jaata ki demand jyada hain es liye qib 1day fully subscribe hua karke... 4) poora ofs hoke bhi 1x on 1st day,,, baat kuch samaj nahi aayi... jabki poora ofs main 3din tak samaj nahi aata ki poora bharega ki nahi jabki issue 1500cr hain 5) already kfin bada zhool kar chuki hain or subscriptions badhane ka khel jo khela hain vo enke liye koi naya nahi hain...
replay to this post,,, kya aapki bhi yahi lagta hain jo more than 5 years pe haya pe hain....
Bhai QIBs GMP pe depend nahi hote GMP QIBs me depend rehta hai bikaji ka GMP 2-3% chal raha tha aakhari din fir bhi 87 times subscribe hua QIB portion me. Aur Itna hyper kyu ho rahe ho yaar agar allotment me setting hai to SEBI me complaint karo agar SEBI bhi nahi sunta to chod do IPOs kyu itna tension lene ka ? Khush raho mauj karo IPOs ke bahar ki bhi life hai
Yes, post issue market cap is indeed very useful and PE too.
One suggestion, you can also add direct peer comparison, for eg. PE and MCAP of CAMS so that at one glance, it can be seen whether issue is overpriced or underpriced.