Kronox Lab Sciences Limited IPO Message Board (Page 10)

Respected senior members, sorry out of topic, holding since IPO, PVSL & Capital SFB, both not performing.
Please advise what to do? Exit in loss or hold?

Off topic :

Mediassist down by 3.5% when entire market and shares are trading at all time high?

Agree with u sir @Smile✍️ Sasta aur sasta hota hai mahnga aur mahnga hota jata hai ....🙏🙏🙏🙏

Same is for GPT health care, it is getting bottom downed...!!! Upto which level it go down??
Also any view on Gopal Snacks??? As it became snake and swallow all fund..

Thank you so much

Good morning to members. I just wanna clear 1 doubt that should we go for IPOs coming with only OFS totally like Kronox. Pl clear.

​@RJRJ also worth noting, per DD Sir’s review is, Kronox is pure OFS only because SEBI asked them to opt for this… here’s an excerpt from DD Sir’s review…
PREFACE:
The company originally filed DRHP for a combo IPO of fresh equity issue worth Rs. 45 cr. and an offer for sale of 7800000 equity shares. According to the Lead Manager, SEBI returned this document saying that company has good earnings and is not in need of cash, hence opt for OFS route only. Based on this suggestion by the regulator, LM refiled the fresh DEHP in January 2024 with requisite size of offer and finally got approval for an OFS of Rs. 130.15 cr.as per final RHP. It is a debt free company as of now and is capable of meeting any fund needs from its internal accruals. Thus at the behest of regulator, the IPO is a fully secondary offer.

Very useful info @Kapz 
Thank you

Canara Bank to dilute 14.50% stake in Canara HSBC Life Insurance via IPO.

Ixigo's parent firm, Bansal Wire Industries get Sebi's nod to float IPO

GDP growth numbers released on Friday painted a very optimistic picture.
Q4FY24 GDP growth came in at 7.8% surpassing the 6.7% expectation, while the full-year FY24 growth stood at 8.2%.

Additionally, the record dividend of Rs 2.1 lakh crore from the RBI has provided further fiscal room for the government to continue focus on infra spending.

"These factors suggest that monthly
#FPI #inflows could exceed a sustained Rs 30,000 crore (in this month) if the current government remains in power"

So FII can lead rally for Short term and for Long term new policy , budget and earnings growth will decide up/down side Trigger

FIIs will sell, they will come back and buy. Election is also no real event so to say as markets will be normal in three to four days after election results. It is common for markets to have fluctuations as per sentiments, but it is all temporary. Permanent event is India and its Growth Story. Big rewards can surely be expected by those who will stay invested. Nifty is projected to be touching 50,000 mark before year 2030

​@MuStrFc I think main reason for FII exiting is high PE multiple of our market compared to other global market but many experts says it's justified as per Bharat's future prospects.

Stable government will attract FII for short term but for logn run our listed company should do really well so further upside is not an easy task from current level.

Any unwanted event or bad policy affecting our economy will lead correction but in long run we will be going up only.

Defence.railway. psu bank.pse bahut badh chuke hai to kya abhi inko lena thk rahega or wait for good opportunity......?@Smile✍️ @M Gupta @chotelal @rohitian @lokes @KING VINOD 🙏🙏🙏

​ ​ @shiva Result days big uncertainty in momentum but I think risk reward will be favourable. Can take swing
Indian market is all set for correction, only question is when. If results adverse to BJP; it's now and if unfavourable then after 5-6 months.
In both conditions will not sell single penny from long-term folio as not expecting correction more than -15%

Thanks a lot for ur support and response 👍@Smile✍️ 🙏🙏🙏

Respect
Senior Members
I want to apply in the name of my partnership firm
Can u suggest bank which allows online asba application for this

The allotment advice received from the registrar for my asba ipo application mentions" Application bidded but amount not blocked".Does that mean that shares were allotted in this ipo but due to no funds blocked the allotment was rejected. Seniors kindly enlighten me on this. Thanx

​@Yamunna When one applies for IPO through bank ASBA (Application Supported by Blocked Amount), bank forwards the application to the exchange and amount gets blocked. If during allotment assessment, application is rejected or does not get RTA. If shares are allotted, blocked money through ASBA gets used up/adjusted.

Any idea about anchor investor list ???

Anchor Investors Screenshot 🔽

Thanks sir ...

Which Bank is best for IPO ASBA? Axis bank or HDFC Bank or Kotak Bank or IDFC First bank

​@Luck in IPO  Axis and HDFC does not allow from mobile banking app to apply for IPO, can apply using net banking, with HDFC every time need to enter demat account details before applying as HDFC does not provide ASBA registration.

With Kotak and IDFC can apply using mobile banking app also they provide ASBA registration it means everytime no need to enter demat account details.
All of above are working smoothly however I'm inclined towards Kotak and IDFC because with these two very less time required to apply and while on the go these two are much more convenient for apply among all four mentioned.

​@Ishq With Risk Good inputs, however you can not discount smooth value added services by bank like ICICI

HERE SOME OF THE MEMBERS POST THE INFORMATION ABOUT IPO EVEN BEFORE THE PUBLICATION OF IPO IN DASHBOARD OF CHITTORGARH.
HOW ?
CAN ANY ONE PLEASE SHARE THE SOURCE/ WEBSITE

​@Shivraj Singh In digital era, information retrieval and flow are super easy. Companies coming out with IPOs make such announcements. Also, DRHP once filed with authorities have good amount of information. Business channels and other media resources gather such inputs and keep publishing the same. Mentioning names of specific websites or channels here is beyond the scope. But you yourself can find out details by carrying out simple net search.

@Satish PS I am sure about Aadhar housing finance it's going to cross 400 rs. next week and exit platinum and irm and my advise to go FF in Adani group specially Adani transmission and Total Gas. It's only a opinion please take suggestions of your financial advisor before investing.

What about adani ports?

Any Review On Dreamfolks

And About Kronox Lab Sci IPO

​@Genuine Invester Sorry not tracking Dreamfolks. But as per management views on one of leading media channels, they appear to be upbeat doing further expansion and improving financial performance too in coming quarters.

Kronox Lab IPO appears to be promising with APPLY rating for medium to long term as per @Dilip Davda Sir. You may check detailed review on CG.com
This counter appears to be good candidate even for listing gains as per prevailing GMP.

I am Holding Dreamfolks @534
Now I wants To Average So Need To Wait Or Buy Right Now.

As I told earlier no interest about election results it's one sided victory for BJP Lead NDA yes it's exit poll but on Tuesday it's turn exact poll my opinion in last month 326 seats for BJP and 375 for NDA and last few days I am continuously said please buy some quality PSU and Adani group I am invested heavily in both PSU and Adani and already in big profit and now exit poll results Monday it's a gap up opening specially in Adani and PSU. Congrats to all who read my post and invest in my friends circle all invested heavily in Adani and PSU.

Most of exit polls are giving Huge 62-65 seats to Congress. How is it possible ?

Serious doubts on EVM.

Clear cut case of haking by Congress.

Good one 😂

Ab lagta hai agle 5 saal IPO ate rahenge ......🙏🙏🙏🙏🎉🎉

IPOs toh aatey hi rahenge, 5 saal kya - uske baad bhi. Koi Shaq 🤔

Market zoom 3rd june 2024
Exit polla

Looks like it. Dow in positive territory, good news on economic front and now exit polls.
😊😊

Ireda , for which ipo came and listed recently may turn out to dark horse, with honorable PM's vision of Solar power for all house holds..

Hii everyone,
I had opened my daughter account in axis, but when I am about to apply for ipo I can not add her name as registrar.
Any solution for this? UPI is not available as she is 4 years old.

Also I asked to HDFC Bank and they said you can not apply IPO using HDFC Bank ASBA and only money credit is allowed in minor. If any one have account in HDFC also please confirm.

Any help appreciated.

​@Ajju Patel Hello, have no personal experience of maintaining any minor account for IPO purposes or otherwise, hence unable to give firsthand info.

However this topic is discussed frequently in CG and if you go through the same, will certainly get some clues. I remember one of members mentioning "There is no issue in ICICI or even in HDFC. Minor account name is minor u/g parent and even got allotments. PAN should match that is the main criteria"

Suggest go to Awfis IPO page (or other IPO pages)and in search bar enter "minor". You will get useful information.

Good Luck 👍