Medplus Health Services Limited IPO Message Board (Page 19)

Kya hai Kala ghoda 🐎ho sakta hai..🤔

Kala nhi green hoga

May be 10% listing gain possible

Dear minimum 25 % listing gain....maximum sky is the limit.....10 % listing gain is good for day dreaming who did not have cash to apply this..

yes, the subscriptions have surprised on the upside.. with QIB strongly participating... Let''s see if listing also surprises or not?

Hope for a 1000+ listing

The Crow Verdict: I buy my and my family''s medicines from hospital''s pharmacy or local retailers (unorganized market). Sometimes I buy from Wellness Forever because it stays open 24/7. Not once have I bought from MedPlus, so I don''t have any personal bias on this company unlike HUL, ITC, and Marico (only considering the FMCG section of MedPlus).

Having said that, I have doubts about the sustainability of such branded pharmacies. The #1 Apollo and heavy competitor Wellness Forever have good-looking pharmacies but I still prefer local retailers over them. It''s not like I have any loyalty to them. Sure, the industry may be tappable but I don''t like to suspend 15k on this bet that I don''t have full confidence in.

That brings me to this issue offer, which because of its first-mover advantage has been priced aggressively. At a P/E of ~88 and P/B of ~7, this is steep valuation. Nothing is left on the table so I can''t believe in the <30% GMP of 230 (which started going down from 320 last week). The Tarsons story is still fresh in our minds. Plus, the 2 Rs FV and high promoter pledging for a potential longterm play is concerning.

This is a risky bet and I recommend applying with caution. Retail allotment might be 1 in 3 app wise so don''t apply more than 2 lots. Play with a single lot if allotted and exit immediately on listing regardless of gains/loss to take advantage of the pharma/pandemic fancy. Wait for QIB and overall to go beyond 3X and apply. Otherwise, skip. I have applied 1 lot via HDFC ASBA. Will decide on the 2nd retail after 3 PM.

Red flags - 5 out of 11. Keep crowing!

What do you mean by...?

Red flags - 5 out of 13. Keep crowing!

Kindly explain

In south, especially in Hyd, we know this company very well.

They carry all medicine brands. Apollo doesn''t.
They deliver all in 2 to 16 hrs with 0 quality errors.
Medplus offers 20% discount compared to 10% in Apollo.

At least for the next 3 years, Medplus will have a good business for sure.

In Medplus IPO I had applied from Zerodha for only one application with Google pay upi, but I have received 2 mandates for authorization, now how to know which mandate is linked to my application, all details are same in both the mandates.

Next time use BHIM app for better experience for IPO.
For now, block the amount for request you received second.

I need help here...I applied to medplus IPO and mapmyindia ipo ..I accepted the mandate on phonepe and my funds got blocked..but on zerodha console ipo status it still shows request pending.Also if I search on bse website mapmyindia ipo status it says no records found..What went wrong? And what should I do now ? I am new and this is my first ipo application so plz help me...

@Priyankk ok thanks.. fingers crossed for tomorrow

In case of zerodha you can check your ipo application status on nse website not bse.You have to register using your pan no. on nse website.

I have faced this problem a times.

Kindly check the application number while approving the mandate. It should be same at broker''s platform and UPI platform.

If it is same, then don''t worry...

Mandate came twice. what can be the reason? should i be scared? i accepted first mandate

All of you faced this problem while using phonepe app?I have been using phonepe for quite some time but have not faced this kind of problem before.Gpays review regarding upi mandate is also poor though I have not personally used it.Please suggest which upi app is better than gpay and phonepe in terms of upi mandate processing.

Bhim upi is best

Iam apply medplus iidl and icici direct, which one consider any suggest

Wonder..Retail subscription very low.

I think retailers are concerned about secondary market....

Its good for real retailers
Who just blindly applying by looking at the gmp only will get nothing in mapmyindia and data pattern.

The Upi system is getting very buggy, i applied via upi ( Pnb Bank ) and i thought to accept the mandate late night after seeing the subscription numbers. Now when i was confident then after going to the app to accept the mandate but it got failed due to some upi technical reasons ( idk maybe it was bank''s fault or phonepe upi app fault) but it got failed and now i am no longer able to retry it again for the same mandate. I lost my chance now as its not showing to try and accept the mandate again which is a very wrong system if one person wanna apply after seeing subscription numbers.

In case of multiple applications only broker can confirm it with pan number, which application is pending and which is successfully submitted using their bidding platform provided by exchange.

Bajaj Funding Rates for Medplus IPO -

ROI - 13.25%
Margin - 2%

Per share Funding Cost for 7 D= 172.54 Rs

As per Current GMP (210 Rs) looks very unfeasible and Risky for NBFC Funded HNI as GMP might decrease.

Anyways Good Luck to everyone who has applied.

P.S. Rm at Bajaj was saying that They are most likely not funding Data Patterns IPO .

Most likely because HNI portion is smaller and it will be very likely hugely subscribed and anyways most Funded HNI money is in MapMyindia IPO.

Welcome all comments .

CMS Info Systems

Issue Date : 21 - 23 Dec, 2021
Retail quota : 35%
Face Value : Rs 10

What are the chances in retail for full application. Also GMP please

Will GMP upgrade from current 220 in view of huge subscription response..?

In hindsight, HNI who applied upto 200 lots in Maps are better off in applying for Med. Sure shot 30%x2 rather than unsure 90%.

Just calculate funds blocked by Indians in 6 currently available ipo.!!!!(not taken SMEs in to consideration)
Soon we may have 5-6ipo on same dates in future

INDIA SHINING

Maine FD tudva ke IPOs me paise lagaaye hai....

Baki samajhlo

In 1995-6, 1000+ companies listed in those years. 3+ in a day that too paper filings. Most of them vanished anyway.

@ IPO gurus, I have received another request for UPI mandate just now. How that can be possible? I already had accepted it yesterday

111, 85, 5 is final. Since RII is reasonably subscribed, those applied in RII have 1/5 chance to get allotment.

I have applied in retail, hope to get the allotment

Retail basis apps is 4.81x

After accepting mandate.. i canceled ipo application as it was showing pending even after 2 hours.. so will my blocked amount get unblocked instantly? or when it will get unblock as i want to apply again.. having cash crunch..

expert help will be helpful..

It takes 7-8 working hours in the rush time

@makxykx Thanks..
but somewhere i read it takes 2-3 working days or when allotment is out it gets unblocked.. so i am bit confused..