Paradeep Phosphates Limited IPO Message Board (Page 11)

2 Retail application of Rs,. 19100 (4550 shares) applied. Fingers crossed.

191,100

Yes, looking at NII, unsure if I should have chosen the NII. Anyway, lets see

Applied 1 Retail of 14,700/-

Finally decided not to apply. Markets are in a very bad mood. Even a good company's IPO can be thrashed. If this is available below 40 after listing, then will try to get some.

same here. Not going to apply

Jo LIC ne buy kr Rakha h wo sab hi 20-40% down h high se...toh LIC kaise plus ho skta h


Jab beta bukha ho Maa kaise khana kha skti h

Paradeep Phosphates IPO: Should You Invest?

Giving subscribe tag to Paradeep Phosphates IPO, Astha Jain, Senior Research Analyst at Hem Securities said, “Company is bringing the issue at price band of Rs 39-42 per share at p/e multiple of 11x on FY21 eps basis. Company being second largest private sector manufacturer of Phosphatic fertilizers in India is well-positioned to capture favorable Indian fertilizer industry dynamics supported by conducive government regulations. Company with established brand name backed by an extensive sales and distribution network has strong parentage, experienced management team and prominent shareholders is looking decent investment avenue for long term investment. Hence we recommend “Subscribe" on issue for long term."

According to grey market is Rs 3, which is unchanged from its yesterday’s grey market premium.

How much quantity do you want at premium of Rs 2 ?

Jetha bhai, will check after listing..

As per my experienced, it will give you some listing gain (5 to10%) and for short term target is 60.

May be i am wrong, let's see the subscription figure first.

Btwn much talked supported by sebi rbi , LIC now crashed near 845 label..

this was most obvious/easy guess in LIC that it will go down.....
when markets were 400 points up then also it couldn't perform what it will do now....good for all allottees whoever sold on listing day....
anyone if still convinced for long term growth here, can anyways buy at lower price, after selling initially so best decision was to sell on listing....

It will be soon available under 800.
If anyone wants to know future price territory of LIC then visit IRFC chart.
LIC will be replica of IRFC:)

For the benefit of all the people still undecided let me spell out what is going to play out in this IPO. As per me the company is solid but secondary market being what it is there is risk of discount listing then I will buy more. I expect the stock to provide 15% return over next 1 year or rather after Q3 results are declared so sometime in Jan'23 till then you need to be able to hold if not possible then do not apply just pick some great Blue chips in secondary market sale that is going on and forget about the markets for 3 months.

Can you please name some of the stocks to invest for good returns? Thanks

My pick is only reliance industries from. Large caps i have some mutual funds that give me a good exposure to large caps rest are all mid and small caps in my portfolio. Go with good large cap funds or even large and mid cap funds you will do much better than picking any directly in this tricky market.

QIBs completely absent - 0% subscription till now. If this situation remains, who will buy on listing?
We have already seen in LIC IPO, when FIIs don't take interest, share is always under pressure.
If QIBs don't come, I will not apply.

IPO will be fully subscribed in QIB category don't worry but it is advisable to skip this one due to current IPO market & secondary market sentiments are not looking good
Still do your own research and apply according to your risk capicity.
Thanks

QIB in action Fii applied 61,50,200 shares

Apply with medium term view, it can give good returns in the 4-8 month holding period as Urea fertilizers are in a shortage and this being a big Non urea fertilizer producer will benefit immensely in the coming Monsoon sowing season

Paradeep Phosphates will be a good buy @ 36 levels. Please watch out QIB subscription levels. I have funds, but thinking of deploying it in secondary market which is offering such nice opportunities. Actually, if we invest time in secondary market more, we shall earn more. For eg, LIC consumed so much time for my analysis of it that I lost Rs. 4000 in it, but luckily exited fully.

QIB portion is not in lock in period. Only anchor portion is in lock in period of 30 days.

@Nand Kishor Periwal Ji
As per new rule wef 1/4/22
50% of anchor shares are locked for 30 days and rest 50% for 90 days.

I think, it's a pass. Risk/ reward not favourable.

Dear experts, please give your final call on Pradeep Phosphates.

It seems to be a better buy post-listing. May be available at 10% discount.

Do your own research to apply or not.
Experts are on Holidays.

Chambal fertilizers is trading at 9.5 PE

So what about pradeep phosphate?
It's at 7 PE so could be good or not?

i am applying

Ruchi Soya bana Baba ka dhaba (Patanjali foods) 😅... 650 me avoid call dene wale ab 1200 me bhi lege...i regret selling my alloted lots at 900 level..Now entered again at 1210 level..Paisa kahi na kahi to lagana hi hai..ab IPO ki haalat dekhkar secondary market hi thik lag raha hai.. Patanjali foods Nifty up hote hi 1500 to jayega hi..

Baba ji wahin aa gaye jahan se start kiye the😂😂😂

😂😂

Today in Bear market ( Nifty down : 300 ) all Fertilizer stocks are in green. In view of this we can take call on PPL.

Why it looks red to us?

While we all were busy with LIC, Ruchi Soya moved from 900 to 1220. Just imagine what was missed.

Still many busy in other ipo...it will zoom past 1800 too and then 2100

Seeing the current subscription levels, i am skipping this IPO.

Seeing the current market sentiment and what it is doing to new IPOs, skipping this one. Will rather buy this post listing if it's at a discount.

I wish all the luck to the ones who decide to apply.

Cheers.

P.S. both Ruchi and AWL providing some relief to the otherwise absolutely red portfolio... I thank our gurus,mentors and leaders for those valuable suggestions

Lokes bhai where are you?

Please give your thoughts in this ipo...
Are you applying or not?

Noorul, M.ravi, avenue already expressed their thoughts.

I am wondering if this ipo will subscribe 100%