It looks a Magical Company. Consistently in loss & then suddenly in profit!! Diagnostic business, in LOSS!!! Post Issue Promoter holding-27.68% only!! Still commanding respectable GMP!!! God bless the investors who will be left with hot potato in their hands.
Rest assured that after 1 yr , when this IPO euphoria will die, ALL these 4 issues will be below issue price. Fundamentals are not supporting thei prices. But as sun is shining so enjoy it & apply only for listing gains.
Who is promoting company of Sterlite Power Ltd. proposing to enter capital market next month. This is just to buy a share to be entitled under shareholder quota.
49.1. Crow| Link| Bookmark|
August 3, 2021 3:33:05 AM
IPO Mentor (900+ Posts, 1100+ Likes)
Vedanta Ltd. Not sure if SH quota will be there.
A better bet would be to buy one share of Adani Enterprises to be eligible for Adani Wilmar IPO.
@Grow India - at upper end of price band, post-issue market cap is 2,994Cr.
45. RajBreaks| Link| Bookmark|
August 2, 2021 3:05:28 PM
Top Contributor (300+ Posts, 300+ Likes)
Hi IPO Gurus,
KIndly Suggest Your Views Too.
Some IPO''s GMP Showing Good But Some Not.
But Fact Is Good GMP Showing IPO Will Subscribe More, So Less Chance To Get Alloted Those. And If We Only Run After More GMP Showing IPO''s With All Our Funds Then More Chance To Get Nothing If We Dont Apply All IPO''s.
41. NeoLongus| Link| Bookmark|
August 2, 2021 12:03:59 AM
IPO Mentor (800+ Posts, 400+ Likes)
Closer analysis of the Balance Sheet of this Company, indicates to me that this Company is far stronger than its being given credit for. Despite being reliant on Public Health Agencies, receivables are not as much a point of concern. Also, the losses of FY19 / FY20 & the sudden profit of FY21 are more due to accounting adjustments and not alarming; the operating cash generation of the business has remained pretty strong over FY19-FY21 and got a major boost courtesy COVID in FY21. To me, this one looks better than Devyani out of the 4, though Devyani continues to command the best GMP...sigh!
Amit K Singh ji, kindly enlighten me whether the said two organisations have past history of buyback of shares through Tender Basis or otherwise. Thank you very much in anticipation of your prompt response.
Sir, in case of Balrampur it was through Tender Basis on the previous occasion during July 2020. I don’t have any idea regarding R Systems. Please enlighten me.
Sir, thank you very much for your kind n prompt response. I am also eagerly waiting for the details of the board meeting. Purchasing the shares of Nath bio genes before board meeting has taught me a good lesson. Now I am a bit cautious. I am content with even small margins without significant risk involvement. Once again thank you very much for your kindness in sharing your views and guiding me.
Experts... please help me by suggesting best bank to open bank account for minor. Also where to open demat account for minors. The motive is not trade but to invest in IPO for child''s future.
For Trading plus demat only prostock exist in India but for child bank account you will need separate net banking and debit card for applying IPO , so please keep research for Bank account and if you will get some then please reply me.
I did open ShareKhan minor trading account and linked with ICICI minor account; off course in ShareKhan it doesn''t provide trading option; so only for IPO purpose I did and I am using SBI to apply for IPO on behalf of minor account.
35. Grow India| Link| Bookmark|
July 31, 2021 10:45:43 PM
Top Contributor (300+ Posts, 100+ Likes)