Nureca Limited IPO Message Board (Page 10)

This is getting crazier

Yes, you can apply
there will be listing gain for sure
however chances of allotment are negligible

Apply. Allotment chance less than 1%.

NURECA - RETAIL PORTION - 57.45 @ 2.00 PM

@ 2.00
Retail - 57.45
Employee - 1.39
NII - 0.97
TOTAL - 10.54

FROM NSE
Sr. No      Category      No of Shares
offered/Reserved       No of shares bid for       No of times of total meant for the category
1      Qualified Institutional Buyers(QIBs)      7,50,000      0      0.00
1(a)      Foreign Institutional Investors(FIIs)            0      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            0      
1(c)      Mutual funds            0      
1(d)      Others            0      
2      Non Institutional Investors      3,75,000      1,19,490      0.32
2(a)      Corporates            0      
2(b)      Individuals(Other than RIIs)            30,555

Yesterday I had applied for one lot of Necura from Yes bank. Today I had withdrawn my application. Whether it is allowed and my Rs.14000/- on hold will b released or not.

Yes it''s allowed..lien will be released soon..

BIG AVOID AVOID AVOID !!!
Fraud company, Promoter of the company is family member of a pharma company Nectar.
Recently family and partner ship deed of Nectar is modified to remove (or save) two sons because Nectar recently faced GST and Income tax raids.
They have manipulated the Nectar book and shown profit in this company to launch IPO and collect cash and go away.
All information are available on BSE filings of Nectar along with last two quarters results of loss making balance sheet. Check Yourself

Yes I agree with you,

PROMOTOR trying to cash PHARMA BOOM

Not understood why retail subscribers are getting mad or this is an another trap by company.
RHP has all the details of Nectar, Nectar Biopharma and cooking of balance sheet for first half of FY-20-21
Just search "Nectar" in RHP book and check yourself. Page 27 also states about IT raids.

in grey market..undertone suggest it may open lower 5%
avoid it

Please F-O....

Completely Agree.

Not understood why retail subscribers are getting mad or this is an another trap by company.
RHP has all the details of Nectar, Nectar Biopharma and cooking of balance sheet for first half of FY-20-21
Just search "Nectar" in RHP book and check yourself. Page 27 also states about IT raids.

No subscription in QIB category!!! AND oversubscribed in Retail category!!!
Why?

Qibs comes on day 3.. watch at 3 pm tomorrow to make a firm decision

Do you really think QIB will come tomorrow at 3 pm? in likhitha QIB did not knock the door.

Looto looto☺️ jaise muft mil raha hai 😊 Toot pado

lahta ha retailers k pas jyda paisa ha....koi v company me paisa lagane me ready ho jate ha..mera sidha siddhant ha...jis ipo me eagle eye ne comments nhi diya..manlo k usko apply nhi latna ha...its a opinion..suno sabki..karo manki..thumb role

eagleye is not commenting on '' T '' group IPO.No comments in Likhitha Infra also.

Expert advice please , is it worth to apply for listing gains in this IPO ?

Members please advise

I have applied for Indigo Paints 55 Lots but have not allotted single share, In case of HNIs oversubscription allotment is proportionate. Please confirm what is wrong here.

Thankyou

Sir, I had applied 160 lots in Indigo, still i didn''t get a single lot.

It was shocking.

It''s not always necessary to apply more lots than oversubscription numbers.

In Chemcon, Burgerking, Mrs. Bector I had applied less lots than oversubscription number, Still I got 1 lot.

Something phishi happened in Indigo paints IPO, I personally feel.

Today''s Nureca GMP is Rs 30-35Rs

Today''s GMP is Rs 30-Rs 35

HI Chittorgarh Admin,Eagle Eye & all,

please share GMP of Nureca & RAIL tel ipo GMP & other IPO regular basis

thks

Avoid all T cat ipo

But dont worry the T Segment share also can become A segment share after some time.

Thanks but a few examples might help in evaluating this scenario ?

Not likely, it will move to B group only after some trading days.

S P TULSIAN REVIEW
=================

Steep Valuation Unjustified

At Rs. 400 per share, market cap will be Rs. 400 crore, which is 4x jump on last transacted price in 4 months, when last preferential allotment was made in Oct 2020 at Rs. 100 per share.

Since financials for Oct 2020-Jan 2021 are not disclosed, there is no way to justify this huge surge in valuation, also in the backdrop of H1FY21 revenue run-rate not being sustainable.
Moreover, company is not in need of funds for working capital, which is the object of fresh issue, as company has surplus cash of Rs. 45 crore, as of 30-9-20.

When future growth rate itself is doubtful, planning working capital on that basis becomes futile.

Conclusion:

Small cap stock listing in T2T segment, expensive and unjustified pricing, weak competitive positioning, make this IPO appear opportunistic on the company''s part to merely ride the current market boom.

Hence, we strongly advise investors to stay away from the IPO.

Thanks for the analysis. But it has been subscribed over 31x on the first day itself. Not sure, what is the hidden sauce, might be these are bots or people on hire who submit application and then these application becomes faulty and are disqualified because i dont think disqualification happens in real time, it may only happen once the IPO is closed and by that time the investors would have created a boom in the grey market.

I might be wrong here but seasoned investors may be able to highlight on this further.

RohitArorra

All applications are genuine...don''t go by how much times it''s oversubscribed...on 1st day total number of applications received in retail category are 172227, which is not really exciting...

In CRs population country few forum members are so excited to see the retail subscription of this ipo where available applications are only around 7100*...

grey market rate