Nuvoco Vistas Corporation Ltd IPO Message Board (Page 8)

इंडिया में मूर्खो की कमी नही है,
अन्त मे full subscribe हो जायेगा
Not good for primary market....
High valuation.....
Banker and lead manager are cheater....
लूट मचा रखी है

My dear Friends
everyone making money from last from one years in IPO so there is no one Moorkh , every one is smart

Company is good, sentiment is bad. And moreover recent listing of GLS spoiled mood for HNI.

Though it is linktime , All Retailers will definitely get allotment in this IPO.

Haha. Nice one.

Yeah, this time no regret. Full allotment from LinkInTime :)

Eventually linkintime will make the full allocation to all retail investors ।😊😊

One clarification. One of the guru / chittoraarh can please reply

If am applying Nuvaco RII as 560 per share for one lot (min price ) and if the subscription is below 1x , will I get assured one lot with 560 rs. ?? Please reply ASAP

As total all categories subscription already cross more than 1 Times, so allotment would be done at higher price band, in this case allotment price would be 570.

Particular category under subscribe shares will go to other category which is already crossed more than 1 times,
In this case NII and Retail category shares will be go to QIB.

Allotment price would be same for all category, they can;t allot at lower price to retail and at higher price to QIB.

Retail who apply at lower price will not get allotment.

If you are looking for allotment then always apply at higher price band.

The shares allotted to everyone at the same fixed price. They check at what price the issue is 100% subscribed and accordingly the price is fixed. Then all those who applied above or at that price get full allotment at the same price. The people applying below that price don''t get anything.

This may surprise in positive side if market condition recovers next week... Since both rii and nii undersubscribed that quota too goes to QIB... Reminds me of Lemon tree IPo.. Applied 2 single lots...

This would prove a dark horse . Axis and Mirae MF are in anchor list . So I applied too..

Till what time can I accpet the mandate request at 3rd day of the ipo

till tomorrow 12pm

I have withdrawn from both Nuvoco and Car Trade.

All the best to those who are applying.

Applied for Nuvoco from 2 different accounts with UPI mandate. Will approve requests tomorrow. waiting for fund unblock from Devyani International as chances are very less for allotment :)

Sensing Gland pharma scenario, applied again.
QIB subscribed much more than retail till now.

Same here applied again

Nuvoco appears to be the Dark horse. May surprise you positively as it is the 5th largest company in India capacity wise.
Subscription figures similar to Gland Pharma, Sona Comstar.

i felt the same

Can be.. but the businesses of Gland (and Sona maybe) appear to be moated.. whats the moat in a generic cement company?

Glad to see not much retail fell for this IPO..

Also checked the anchor list and none of my MF schemes applied for this.

So hopefully no portfolio allocation to this overpriced IPO from my side.. ::)

Had applied for 3 lots but no mandate authorization request received... i guess better off without this one.

It is necessary for risk averse investors to shun expensive IPOs so that promoters remember to leave something on the table for INITIAL PUBLIC INVESTORS in the company who believe in them and take the highest risk. For last several months, reverse has been happening which led to unrealistic valuations of these companies.

If we hope to see IPOs at reasonable valuations, then it is necessary that one or two expensive IPOs fail badly.

Almost fully subscribed now. They got the money bro.

True.. the greed needs to be kept in check.. some IPOs should fail to get subscribed and some IPOs must tank badly on listing for an adequate lesson..

QIB Portion subscribed about 3 times with contribution of FIIs 4 cr shares and MFs 80 lakh shares. HNI is still low with 0.21 times.

QIB ne aakhir save kr liya is IPO ko Cancel hone se

QIB portion already subscribed 1.93 times & retail portion .64%, so issue is already sold out, & no chance of withdrawal or extension or postponement.

I dont know why such companies get nod for IPO

इंडिया में मूर्खो की कमी नही है,
अन्त मे full subscribe हो जायेगा
Not good for primary market....
High valuation.....
Banker and lead manager are cheater....
लूट मचा रखी है

I don''t think the IPO would get cancelled, My understanding is that the QIBs generally have an agreement that they would pick up the equity if its undersubscribed.

Yes you are right merchant banker take responsibility for unsubscribe equity.