Mindspace Business Parks REIT Message Board (Page 8)

Gmp 25

Guys, Getting for the day!!

I have applied one lot at 274/-
Any one is here who can confirmed whether I will be eligible for allotment Or not. Please revert if you are sure. Thanks

Thanks for replying.. Is there any option by which I can modified application price??

not at all, after issue closure nobody can change his bid.

Mindspace
GMP 23/-

Happy to see EAGLEEYE here again. Your GMP figures are authentic. Long back IPORAJA used to give Final and unchallenged GMP figures. Thank you.

Dear mam
We were waiting your view to apply but cold not apply as you dont Suggest.
I only Beleave that only your information is authentic.
Please appear in this forum time to time.

Mindspace

GMP 22/-

What will be the basis of allotment.

IPO of Leading Kerala-based jewellery retail firm
Kalyan Jewellers backed by private equity giant Warburg Pincus is likely to arrive in 4th Quarter of 2020-21.

Size 1700 Cr approx..

@iponoob sebi doesn't want to completely block retail subscriber but only have increased threshold. And that is already there by reducing it from 35% . But let's see on 6 the August. My point is if their is no demarcation then why such thing like a retail can apply maximum three lots.

There was no such thing that retailers can apply only 3 lots on this ipo.....

????Experts????

Any GMP so far ??

One of my sense say that all retail application will get one minimum lot . How. Let me tell you that there are 50000 application. My sense say that non institutional portion will get divided into hni and retail portion of 15% and 10% respectively. Now this 10% is over 300 crores and if we divide minimum value 55000rs with maximum application 50000 it's value is less than 300 crores, so minimum lot to every retailer.

@bansalvijay where did you get all that imaginary info about 15% and 10%? SEBI wants to stop retail from participating in Invits and REITs blindly so they high entry money (still not a mature product for retail to enter as per SEBI). It was still higher in previous REITs and Invits which has been reduced for this REIT issue. There is nothing as retail. Institutional and non-institutional only.

YES, I Agree, Total No.of Application Approx : ~ 51749, So, all minimum application get allotment & above to minimum application get minimum+ pro rata basis

What is cut-off Time for INDUSIND BANK to apply IPO ?

@iponoob. Maybe an exception for Mindspace. Most of the ipos that I have applied usually not available after 3 PM.

Thanks ????

Grey Market Reit Rs.19-20

I just wanted to know is there any portal / website for grey market?? how can one know what is current grey market price of share?

applied in 34+4+4 lots. so sure to get 2 plus whatever luck gives me extra. was expecting over subscription of 8 times but this went double, so expecting some good profits on listing.

many experienced people dont understand the stock market business but still give knowledge. any debt instrument giving 7-8% tax free returns must quote at a high price so that the net yield comes to market rate of below 5%. you cant expect to get a high taxfree yield by simply buying from market. that explains why there was 16X oversubscription. and check the yearly high rate of embassy.

Dividends are taxable income from current financial year. So don't misguided by tax free income on debt instruments.

J K LAKSHMI CEMENTS does not respond to the E Mail id shown in Money Control I have tried different methods Can some body give correct e mail ID

Grey activity increased from yesterday after bumper subscription..
GMP 14-15
Could not apply..Best luck to all who applied.

**SUBSCRIPTION DATA AT 1:10 PM**
QIB 2.49×
NII 3.86×
Total Apps 28688.

NII portion 5.39 times

@AhireR
I came to know about edelweiss partners site from you....so thank you...!!!

As per my understanding.
Embassy if trading at 4% discount to its NAV of Rs. 372
Mindspace is offered at 16% discount to its NAV of Rs. 320.
Considering Mindspace will try to catch up with its listed peer, it has a potential to stablize between Rs. 310-320 post listing. On listing day it might go upto Rs.330 also depending upon market conditions.

Positive point for Mindspace is that it has collected rents for last few months (this is what i read in news) and due to social distancing, now 30% staff also requires to utilise 100% office space to maintain distance. So all news of 100% WFH and companies cutting on rented area are mere hypothetical analysis.

After closure of IPO, people start giving positive comments. Without knowing anything, it will be better not to write and confuse others
Unless you have right information or knowledge.
Better luck next time to all including me

The REIT will certainly prove to be a best Investment opportunity going forward. The yield will be 7.5% and upwards which is more than Bank FDs. + unit price appreciation. Most of The Trust's properties are located in Hyderabad. The lease rentals in Hyderabad are the lowest now which can only go up hence good prospects for the Trust. If Nifty continue to trade above 11k by the time of listing i.e,12.08.20, the Units will certainly give handsome listing gains of 25% and above.

I have applied for 1 lot @ 275 through icicidirect. Is the probability of getting 0 or 1/16? Any difference between applying for 1 lot Vs 3 lots?

I don't know the exact probability but it is not zero for sure. The more the no of lots, more the chance of getting at least one lot. Person with 3 lots will have more chance of getting one lot than the person who has applied for 1 lot.

You have a chance of 20% allotment against 7% of one lot applicant.

Must apply

I have Applied with full force in single account,

Ready to check my luck

Minimum 15_20% profit expected

You should expect some allotment out of 13 and 14; even though subscription is 15.5

My expectation is people with greater than 10 lots application will get 1 at least (may be 2). And some people with 5 lots application will also get. Tough luck for those below 5.

No. 15 lots or below it will be lottery...16 and above confirm allotment.