Macrotech Developers (Lodha Developers) Ltd IPO Last Day Subscription Numbers @ 12:05 pm QIBs - 0.66X HNIs - 0.20X EMP - 0.13X Total - 0.38X Total No of Applications 134135 (Approx) Retail Subscription on the basis of Application 0.23X
117. P Patel| Link| Bookmark|
April 9, 2021 11:29:46 AM
IPO Mentor (900+ Posts, 900+ Likes)
After looking to the response for this IPO, other upcoming IPOs will change or revise their plans...
It''s very difficult to subscribed fully on the first day because the issue size is large and the Ipo market sentinel is poor. If there is good listing of barbeque nation with a listing gain of minimum 10-15% and this gain remain till Friday, ipo market positive sentiments should return back.
Applying for listing gains only With April, loss booking is over. N considering the BBQ upper circuit. This could be a wonderful listing gain opportunity. Lower subscription means increase in chance of allotment
Note: the above suggestion is not based on any TA or FA of the company.
Don''t compare Apples and Oranges. Market is ripe for a correction bcoz of increasing corona cases and high valuation.
A good company like SBI card listed at 10% discount during last year IPO just bcoz of impact of coronavirus. Note: At the time of IPO window it was trading at a premium of 50%. So never ever under estimate market and try to be greedy.
Company has 16000 CR of short term loan, baap re!!! and profits are also not good ! its an Avoid for me! Intraday can be done as i am expecting volatility in opening
109. BubbleBoy| Link| Bookmark|
April 8, 2021 11:29:35 PM
Top Contributor (400+ Posts, 100+ Likes)
DO NOT FALL INTO THIS RJ TRAP.
Surely, he must have bid but what amount?! A paltry amount of Rs 50 cr. It''s peanuts for him. Not even 0.5% of his total net worth. So yeah, even if you want to play with this huge debt ridden business, then play with only <0.5% of your entire net worth.
में इस आईपीओ में पैसा लगानी की सोच रहा हूं कल QIB और HNI के subscription के आंकड़ों से पता चल जाएगा कि क्या करना है । में फंडामेंटल की बात नही कर रहा मेने देखा है फंडामेंटल अच्छे होने के बावजूद भी कंपनी का शेर एवरेज भाव पर खुलता है । इस आईपीओ से रिटेल दूर है । बस समझने वालोको इशारा काफी है ।बाकी Choice for yours.
Company being one of the India''s largest residential real estate developer has consistently outperformed all the peers in sales performance from FY14-20 .I like the company''s diversified portfolio across various price points & MMR micro markets. With company''s strong focus on affordable & mid income housing segment, Macrotech is well poised to cater the opportunities present in the sector due to healthy prospects of real estate markets. However subdued financial performance by company with high debt act as a spoilsport. Although company is committed to reduce debt & intended to bring to the level of net debt positive by Fy24 which needs to be seen & infusing optimism in long term prospects of company.