962. P M| Link| Bookmark|
October 19, 2017 8:59:38 AM
(1100+ Posts, 1100+ Likes)
HaPpY Diwali to all Investors
Wishing all investors including ME to be allotted every good IPO shares in future, with huge listing gains & robust returns.
961. RJ Rocks| Link| Bookmark|
October 19, 2017 8:55:59 AM
IPO Mentor (500+ Posts, 200+ Likes)
Happy Diwali to all members and chittorgarh team. May this upcoming year brings more happiness to you and your families. Thanks to all experts to guiding us. Regards, RJ.
Thnku Ravi sir for ur suggestion..... Also thinking of yhis book also 1)https://www.amazon.in/dp/0062312685/ref=pd_lpo_sbs_dp_ss_1?pf_rd_p=cd818f9c-142a-4b42-ad2c-f0421857aaf5&pf_rd_s=lpo-top-stripe&pf_rd_t=201&pf_rd_i=938020096X&pf_rd_m=A1VBAL9TL5WCBF&pf_rd_r=SR3BHDH63D53Z2259FSG&pf_rd_r=SR3BHDH63D53Z2259FSG&pf_rd_p=cd818f9c-142a-4b42-ad2c-f0421857aaf5 2)https://www.amazon.in/Rich-Dad-Poor-Teach-Middle/dp/1612680011/ref=pd_sim_14_3?_encoding=UTF8&psc=1&refRID=4W94P3ZQTTD43BEZQ7DM
Mahindra Logistics IPO Dates & Price Band: (Approx) IPO Open: 31-October-2017 IPO Close: 02-November-2017 IPO Size: Approx Rs. 701 Crore (Approx) Face Value: Rs. 10 Per Equity Share Price Band: Rs. 355 to 363 Per Share Listing on: BSE & NSE Retail Portion: 35% Equity: 1,93,32,346 Shares Shares: Apply for 41 Shares (Minimum Lot Size) Amount: Rs. 14,883 Basis of Allotment: 8-November Refunds: 9-November Credit to demat accounts: 9-November Listing: 10-November Registrar: Link Intime India Private Limited
958. R R Patel| Link| Bookmark|
October 18, 2017 8:41:47 PM
IPO Mentor (800+ Posts, 3400+ Likes)
On NSE: Quantity Traded - 1,79,42,727 Deliverable Quantity - 43,37,875 % of Deliverable Quantity to Traded Quantity- 24.18 % On BSE: Quantity Traded - 28,52,089 Deliverable Quantity - 5,51,799 % of Deliverable Quantity to Traded Quantity- 19.35 Total Deliverable Quantity - 48,89,674 Total shares alloted to NII, Retail and Employee was 51,37,882 So 95% of shares available for trading goes to other hands. So is it good sign? Any comments please........
958.1. P M| Link| Bookmark|
October 18, 2017 9:31:35 PM
(1100+ Posts, 1100+ Likes)
Assuming that 95% of shares goes to other hands may not be viable. Actual delivery qty & deliverable qty calculation may not be same.
Look details below where deliverable quantity calculation is more than holding.
1696713 - 1780499 = -83786 (Deliverable quantity more than holding? )
How?
Consider A holding - 500 shares B Holding - 0 shares C Holding - 0 shares
1. A sales holding 500 shares to B (B taking as margin) -------------------------- Delivery => Margin 2. B square off position (Sells) 500 shares to C (C taking as margin) -------- Margin => Margin 3. C square off position (Sells) 500 shares to A (A taking as delivery) -------- Margin => Delivery
Actual delivery transferred 500 shares only. But 1 & 3 considered as Delivery Transaction as A gives delivery in 1 & A taking delivery in 3.
So Deliverable Quantity considered as 500 + 500 = 1000 shares
Sharing news article: Mahindra Logistics, Mahindra Group’s logistics arm, on Wednesday said it will launch its Rs700 crore initial public offering (IPO) on 31 October. The public offering will close on 2 November.
The public issue of Mahindra Logistics comprises 19,332,346 equity shares that are up for sale. This includes 9,666,173 shares, amounting to 13.74% stake, by parent firm Mahindra and Mahindra Ltd.
Besides, Normandy Holdings would sell 9,271,180 shares, while Kedara Capital would offload 394,993 scrips. Normandy Holdings is a 100% subsidiary of Kedaara Capital.
Mahindra Logistics had filed its draft red herring prospectus with Sebi on 6 August and obtained “observations” on 6 October, which is very important for any company to float a public offer, as per the latest update with Sebi.
According to merchant banking sources, the company is expected to raise Rs700 crore through the initial public offer (IPO).
“The objects of the offer are to achieve the benefits of listing the equity shares on the stock exchanges. Further, our company expects that listing of the equity shares will enhance our visibility and brand image and provide liquidity to our shareholders,” Mahindra Logistics said.
I am not pridicting listing price but on listing if we get 700-710 then it is very good price for exit. All NBFCs are very costly now. I don''t expect rally like AU Finance in MAS because of not aggressive in expansion, not small finance bank licence, not much network etc. It may be possible it will go up after listing but eventually in long term it will available at lower price than listing price.
My value for book profit was 630-650(stated in review also), above 650 it is bit expensive
BuT looking at the mkt trend it is okay that u get some greed ????
So Here''s the strategy for optimum gain(Imo) ,
Allotee
- Book half quantity profit in preopen/till 10.05am(at any listing range)
- Be invested with other half till 1 month or with 6-7% SL, whichever hits first
(means if listed @650 then sell half, wait for other half with possible tgt720/740 in month or if go down below 600(SL) , sell other half too)
NON Allotee
- firstly should not try to buy above 630(looking at valuation) - if buy put SL and hold, Au type rally may come!(speculation does supports Financial stocks!!)
Yes indeed good buy @610, but nearly impossible at current scenario that can list 610,
If niFty dip 500 points then may possible,
If not Alloted better look at MaS after 2-3 months or play speculative game by buying @700 selling @740 or 680 just like that.
950.4. CLD| Link| Bookmark|
October 18, 2017 8:15:39 AM
Top Contributor (500+ Posts, 100+ Likes)
Gamble ji
You have given levels. It is better if you post as & when you take these actions youeself.
950.5. gamble| Link| Bookmark|
October 18, 2017 9:14:41 AM
(1600+ Posts, 3900+ Likes)
CLDji, I never post such things, yes if i buys i post(As posted in Capacit''E, Godrej) , but that is also not necessary because both available same/below price till date,and i mostly never buy for listing day, so why hurry in posting!
Strictly not supporting listing day play.
So everyone have to take decision themselves, just sharing my strategy/levels .
Why have you not blocked AKH and Nitin AA ID which ar sub ID for SOQ for using absurd language. please when you check for any complaints can you look at who started using that language as every individual responds to any bad behaviour towards them