This is out of context but I need help..plz tell the windlas biotech IPO had almost 20x subscription across all categories..gmp 80 and pe was also slightly good compared to peers also company was increasing profits ..then why on earth did it list lower than issue price?? I couldn''t find a valid reason plz tell
Market is irrational and seldom predictable. Market crashed in March last year on fear of corona. That seemed rational. Everyone thought it would take some time for the market to recover and will remain subdued. But there comes the surprise. Market rallied unexpectedly and it made new life time high. That was gross irrational. Hope you get my point.
31. arunARUN| Link| Bookmark|
December 9, 2021 10:37:53 PM
IPO Guru (2000+ Posts, 1700+ Likes)
It looks like safe IPO to apply. While difficult to estimate gain as of now as i dont use GMP other than one of the indicators but chances of losing money looks extremely low
Next to MAP MY INDIA, my choice is Medplus. I am planning to apply for these two IPOs. Paytm has cautioned me to be more careful in selecting the IPOs. All the best to all of you. Thank you.
MTAR was once-in-a-decade IPO because of its MOAT and business and I still regret selling half its share. Last month, it gave 300% profits to its issue price. Having said that, this seems like a decent IPO but not in that lane.
Due to my fund limitations besides my belief of better chances of allotment in these two IPOs, I have not considered DATA. No doubt it is a good opportunity to grab significant profit but keeping in view the size, the chances of allotment?
24. Nifty Singh| Link| Bookmark|
December 7, 2021 5:39:32 PM
Top Contributor (200+ Posts, 100+ Likes)
The promoter holding is already well below 51% (43.16) and will come down further, to 40.43. A clear avoid for me.
because PE investors invest in company and then due to this Promoters shareholding might be less and they are selling small part of their holding which is better than Pure OFS sales to cashout at higher pricing
24.5. arunARUN| Link| Bookmark|
December 8, 2021 7:52:35 PM
IPO Guru (2000+ Posts, 1700+ Likes)
@csk No i dont keep on same plate but principle is same. If promoter holding is going down due to fresh issue then there is no logic to raise this point
24.6. ipobull| Link| Bookmark|
December 8, 2021 10:37:33 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@arunArun, Have a look at promoter holding of ICICI Bank. Its zero. Its only owned by FIIs, DIIs and public.
24.7. Eklavya| Link| Bookmark|
December 9, 2021 10:20:49 AM
IPO Mentor (900+ Posts, 400+ Likes)
Also the company by M/s Holck Larsen and Soren Toubro......but then one can''t just go by this theory. There are exceptions.
23. bAAz| Link| Bookmark|
December 9, 2021 12:04:03 AM
IPO Mentor (700+ Posts, 400+ Likes)
300
22. KING VINOD| Link| Bookmark|
December 8, 2021 10:36:07 PM
IPO Guru (2400+ Posts, 5400+ Likes)
HOS Medplus Health Services Limited IPO GMP 290 - 310 @ 10pm # 08 December
Regular customer of Medplus, they provide 20% on medicines above Rs 1000 bill and delivery time 2 to maximum 24 hours. Far better service than competitors like pharmeasy, Netmeds, 1mg. The same discount they are giving at offline stores.
- More and more 2nd rung hospitals opening inhouse chemist shops. - Many other local pharmacy chains stared offering equal discount. - brands prescribed by local doctors not available. may be sourcing city based requirement. local shop level purchase not allowed. many buyers refuse alternate brands offered .
Personally I like it too. But this is a volume business, low margins. Private labels will fetch more margins. Though more competition is coming up, lot more opportunity in india to grow this business. Established organized players will get bigger slice eventually. Long term story.
They do have Private labels in FMCG sector which they sell along with medicines
Personally i like their 20% discount on medicines plus Diagnostic services which are less costlier than established players( along with Home collection).
I dont talk about financials but they are trying to expand with medical and related things like Diagnostic services which should be +ve for company.
Though Hospital have inhouse chemists, people like me tend to buy where we will get better pricing.