People here are capable of giving very precise listing price predictions these days. Days are not far when chittorgarh forum members will be able to predict listing price something as INR 48.5692310567890143799123.
Our stock exchanges will start feeling ashamed to restrict the best precision level of INR .01
89. P M| Link| Bookmark|
March 28, 2018 11:24:24 PM
(1100+ Posts, 1100+ Likes)
Final Subscription ============== Qualified Institutional Buyers (QIBs) ---------- 3.89x Non Institutional Investors (NII) ---------------- 0.12x Retail Individual Investors(RII) ----------------- 0.12x Total ------------------------------------------------- 1.19x
Lagta hai ya to aapki nayi nayi operator ki naukri lagi hai aur direct lemontree mai recruit huva hai OR ya to operator ki naukri choot gayi hai isliye is forum ko join kar liya. BTW Tukka acha lagaya.???? Real test will be seen in next IPO.Bhag mat jana.????
85. hbk| Link| Bookmark|
March 28, 2018 5:02:51 PM
Top Contributor (300+ Posts, 100+ Likes)
I am planning to buy Lemon Tree. I know the company financials are not that good, but that is the whole reason the company wants to use public money to expand. Moreover, summer season is coming up and the hotel sales will rise. The share price will surely go up for few months before it will consolidate in November or December. Overall, this one IPO is looking good for short term and long term investors. If you still have doubt, just wait till 2PM on the third day.
@. Gargism. @. that is the whole reason the company wants to use public money to expand
^^^. Is that what you wish they do with the money? or have they changed the IPO objective abruptly?.Because the last I knew, it was an OFS where company won't receive a penny out of the proceeds...
*Facepalm* It's technically an OFS and not an IPO. Co won't receive any proceeds. Are you high on weed or what? @anarchist , i really don't know how people come up with such logic, just to influence that people will buy coz of such comments ! *slow claps* Tomorrow 2pm will be crucial though! But atleast one should state out right facts!
No where is mentioned that company need it for expansion. Moreover it OFS so selling shareholder will receive the IPO proceed. Company will not get any thing. So how can it be possible that IPO proceed will be used as expansion plan.
OMG!!! you should be super rich to buy Lemon Tree Hotel (I am planning to buy Lemon Tree). But sir, this forum is for small guys who discuss whether to apply an IPO or not. Plz have a discussion with the Promoters of the company and do let us know when you buy it...
Company will not use ipo money for expanding the business, check MD's interview on cnbc awaaz even MD couldn't explained how will they arrange fund for expanding the business.
You are not in your senses, if you have excess money, please apply and burn it. Your comments are absolutely senseless, if this is the way you invest money then I am sure you will lose it all very soon. summer will lead to higher hotel room occupancy = higher IPO gains for lemon tree is the worst logic I have heard. I pity your brain!
Dont hurry.. Subscriptions are poor... But QIB data is picking up. if the data is like this, you can buy from the open market at the discounted price. Wait till 3PM till the final subscription data arrives. Check here https://goo.gl/LmKDow
The retail and HNI subscription is v.v.v.poor. The list price will be at 20% discount. Better buy from the open market. Why waste your hard-earned money.
Incidentally, there are other 3 persons with you, indicated by the likes on your comment. Only a person having *andha paisa* will have the guts to apply for this ! All the best Gargism! ???? Bhai iss se accha gareebo mei baant de na ! Kuch Duaein toh milengi !!!
while I am not advocating buy at current levels,few points to be seen is high occupancy, good brand and the highest EBITA margins around 30% of this hotel.Therefore the cash profit is high and once debt comes down, NP will go up.In addition, the promoters have a good reputation
Will the size of issue be decreased or dates extended?
79.1. Splendid| Link| Bookmark|
March 28, 2018 4:05:28 PM
Top Contributor (300+ Posts, 100+ Likes)
It will be subscribed above 90% by 4 Pm.
79.2. jajo| Link| Bookmark|
March 28, 2018 4:06:53 PM
Top Contributor (300+ Posts, 200+ Likes)
No, they will not extend the date because they can not claim LTCG tax exemption after 31/03//2018. They may follow the footsteps of ISec IPO and reduce the size of issue to 70 or 75%
78. hbk| Link| Bookmark|
March 28, 2018 3:57:11 PM
Top Contributor (300+ Posts, 100+ Likes)