Less QIB and NII means listing will not be good.... Retail investors subscribe only for listing / short term gains... Either listing won''t be good or it will come down after listing...
330.3. Shareking| Link| Bookmark|
March 8, 2017 11:45:12 AM
IPO Mentor (800+ Posts, 1100+ Likes)
Hi all.. From my view point... this is a good IPO and I give a subscribe rating. Reasons..
1. No peer except ENIL, that is trading at high valuations. Comparing ENIL, Radio city IPO valuations looks okay. 2. Look at the MF holding. All good MFs like DSPBR, FT, HDFC MF, BSLMF have already acquired shares, that''s usually done after a good systematic research and a goal of outperformance to the benchmark index. 3.Advertising is a more or less steady, aggressive business to be in.. eventually from school to company everyone needs to do advertising, and radio is quite an effective medium. 4. The new licenses and territories where it plans to go are growing economies when it comes to business. 5.Management has reasonably good track record on corporate governance. 6.Debt equity ratio is improving over past several years.
I would go for it.
Disclaimer. I am a long term investor, here to build my portfolio and not here for just listing gains.
Regards,
326. Eagleye| Link| Bookmark|
March 8, 2017 11:07:46 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Radio City IPO
Day 3 at 12:00Noon
QIB*: 1.077 (*Excluding Anchor) NII: 4.390X RII: 5.965X Total: 4.231X
Applications: 5,28,000 Approx No. of Applic-wise: 4.630X
PL don''t ask today , may be after dmart gets over somebody will explain you
325.2. Venkatram| Link| Bookmark|
March 8, 2017 11:15:50 AM
Top Contributor (300+ Posts, 100+ Likes)
it just indicates how much shares have been bid for against those reserved for that category 1X means all the share reserved for them is bid for and that category is now full anything more than 1X means there is more demand than there are shares
228. Rajiv Kumar Singh RKS Mar 7, 2017 12:30:00 AM IST | I Like It. 4 | Report AbuseReply Music is a big avoid according to me, dont get lured by these subscription figures. These figures are tempting but mark my words you will regret.
It will list in discount or may be at normal premium but its not a stock to invest. Better take care of money and make a wise investment.
Issue Dates: 15 – 17 March Price Band: Rs.115 – Rs.135 Issue Size: Rs.400Crs Valuation: Rs.1,400Crs Schedule (Tentative) 14th March – Anchor Investors 15th March – Offer Opens 17th March – Offer Closes 22nd March – Finalisation of Basis of Allotment 23rd March – Unblocking of ASBA 24th March – Credit to Demat Accounts 27th Marc
I am also facing the same issue. Anyone has solution for the same? Can we apply with any bank irrespective which is registered with demat account or not?
I am also facing the same issue, I called them around 11 and they told me that they are experiencing some problem in their IPO system and asked me try after 30 mins, but it is still not working.
You can apply through any net banking account where the Bank is a member of the syndicate irrespective of with whom your Dmat account is. Hence need not depend on HDFC ASBA.
In browsers Google Chrome & Mozilla Firefox the issue is popup window for fend release for which one has to allow popup window since these browsers are not treated as a secure one by banks OR just use IE (Internet Explorer by Microsoft) where one wont face this issue. I trust this will help all for any online IPO application thru bank.
on 07.03.2017 at 10.30am GMP is Rs. 52-55 and Kostak Rs. 400 on 06.03.2017 at 05.30pm GMP is Rs. 52-55 and Kostak Rs. 400 on 06.03.2017 at 10.30am GMP is Rs. 51 and Kostak Rs. 350 on 02.03.2017 at 12.00am GMP is Rs. 66-68 and Kostak Rs. 550-600 on 02.03.2017 at 11.00am GMP is Rs. 56-58 and Kostak Rs. 450 on 01.03.2017 at 11.00am GMP is Rs. 64-66 and Kostak Rs. 450-500 on 28.02.2017 at 11.00am GMP is Rs. 73-76 and Kostak Rs. 450 on 27.02.2017 at 11.00am GMP is Rs. 65-70 and Kostak Rs. 450 on 25.02.2017 at 11.00am GMP is Rs. 93-96 and Kostak Rs. 550-650 on 24.02.2017 at 11.00am GMP is Rs. 80-85 and Kostak Rs. 500-600