Remember Adlabs Entertainment? It was pathetic IPO and still trading below the issue price. It had poor subscription but bankers just extended the IPO dates and reduced the size. Clearly, some people just don''t understand that they are tricked.
Navkar Corporation Limited - Graphical display of bids received *
(* indicates bids position and not necessarily the subscription to the issue)
As on 24-Aug-2015 17:00:00 IST Cumulative Demand (no. of shares in lakhs) Bid Price (Rs.) Note: Cumulative bid quantity at each price point includes the quantity bid at that relevant price point and all valid bids at the next higher price point. The graph is updated every hour.
Total Issue Size 2,85,71,429 Total Bids Received 39,01,175 Total Bids Received at Cut-off Price 21,67,615 No. of times issue is subscribed 0.14 Graph Logic
As on 24-Aug-2015 15:00:00 IST Cumulative Demand (no. of shares in lakhs) Bid Price (Rs.) Note: Cumulative bid quantity at each price point includes the quantity bid at that relevant price point and all valid bids at the next higher price point. The graph is updated every hour.
Total Issue Size 2,85,71,429 Total Bids Received 11,77,050 Total Bids Received at Cut-off Price 10,99,340 No. of times issue is subscribed 0.04 Graph Logic
Hello. Today blood bath in Market 1000 points down in Sensex. Is it going to be another (in)famous fall like in 2008?
1. In this situation, how will the IPOs perform during listing day? 2. This month has many IPOs but market is falling down. I am only looking for listing gains, and in this context, what should I do...whether to apply for navkar, puskar, and the milk company IPO or keep quiet? 3. Already I invested in yesbank at average 800 Rupee 60 share and is now down to 650 I am confused. Please let me know what to do.
Expert people like pinkyjain..and some others. pls respond.
Stay away from all 4 ipo. If you check all these ipo are very expensive and greedy promoters just want to take advantage when markets were doing good. Even in bull market theae ipos sshd be ignored. Teach greedy promoters a lesaon. I would request everyone to atay awy and money.instead buy good and quality stocks from.secondary market like nbcc eroa intl cox and kings. Lloyd electric vrl logistic shemaroo intl powergrid
111. Septa| Link| Bookmark|
August 24, 2015 10:39:00 AM
(4000+ Posts, 4600+ Likes)
Wow nice correction in the market 1000 points down sensex and nifty below w 8000 this will have adverse effect on IPO for sure. And steeply priced IPO like Navkar should be avoided at all cost.
In real term it should not list more then 10 PE but here at 30 PE people r bullish I am staying away from these steep Priced IPOs
Hi Septa, wat to do market is down. Ofs of Ioc profitable or wat?????
111.2. Septa| Link| Bookmark|
August 24, 2015 11:35:44 AM
(4000+ Posts, 4600+ Likes)
I have applied a floor price so at 5% dicount will get the share at 367.65 at the movement it is profitable with QIB rate is 387 and today market price 382 at least retail will benefit
It is clear that NR allotments have been at much lower price than R allotments. Even with 5% discount, retailers have not gained anything in these OFS. Many must have lost heavily. The higher allotment price for retailers is becathey put in the bids at higher rate.
I would advise retailers to put in bids at Floor price only so that there is some margin of profit left. It may be that subscription may be more than allocation. In that case it will be a lottery which is far more better than all of us making a meager gain at the cost of huge risk & loss
rec, pic I applied for slightly above the trading price at various times but did not get even single.why it is , I am unable to judge so I decided not to apply in ioc Sir