97. Venkatram| Link| Bookmark|
May 18, 2022 5:05:21 PM
Top Contributor (300+ Posts, 100+ Likes)
I know that there is a lot of negativity in the IPO market now and the easy listing gain IPOs have gone. That is typical for this market phase which I dare say a bear market brings. But remember I think issue is priced for this market and any positive news will lift the stock and with this much negativity the allotment will be easy. If you can park money for 1 year in this stock apply will get your normal return of 15%+ in 1 year not 100% listing pop. Those days are over. I am waiting for another DMART soon and pray I get that stock allotted and makes the kind of wealth DMART has. May this IPO come soon.
ZACL is one of the promoters. Why are they acquiring ZACL's loss making GOA unit ? Also since they import most of their raw material, the ongoing depreciation in the rupee must hurt the margins badly.
HI I visit this site regularly,it is very helpful for the person like me (small investor) please share your view on IOC . Now Buying of IOC for bonus and dividedend is profitable please answer
I had a very bad experience of RCF (PSU Fertilizer stock). Govt did OFS and i was allotted shares and once the OFS was fully subscribed, the very next day Govt increased the price of Gas (Most fertilizer plants are gas based). The effect was that, Reliance Industries rallied (Because it supplies gas from KG Basin) and RCF down 50 % in next few days.
@Mravi,@lokes,@Avenue,@nurool Though this is Phosphate IPO track, just checking what are your suggestions for any secondary market stocks for 6months - 1year perspective based on recent correction in market..?
My holdings are majorly in these 5 companies - TCS, Infosys, HDFC ltd, SBI cards (picked recently) and Polycab.
@Nikhil... Though I am a secondary market expert, I can safely say that the best and safest approach in time of correction is to buy keep buying small quantity of any blue chip large cap stock since we don't know how deep and how long correction will continue. It will help building a long term good portfolio and suggest you keep number of stocks to a limit that you can monitor and manage.
91.2. Jetha Lal| Link| Bookmark|
May 18, 2022 3:38:40 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Most of Bluechip stocks are trading at decent valuation. 1.Banks and Financial are most beaten down and below multiple year average valuation. 2. IT is still trading at premium and may go in time correction for sometime though increasing dollar is beneficial for them. 3. FMCG are bearing inflation pressure and increasing commodity price create pressure on margin in near term. 4. Auto is facing challenges from both demand as well as supply side so not very Bullish in near term.
In my opinion the best strategy would be accumulating NiftyBees and Juniorbees (ETF) in staggered manner because it's very hard to say which sector will lead next rally and currently no sector is trying to become leader to move ahead.
I have applied for 6 lots on 1st day.But after watching todays subscription deleted all.Consider tomorrow whether apply or not after watching subscription figure.
Hello everyone, I have recently begun investing in Ipos and I have been having an okayish experience. I apply specifically for listing gains only. Made losses in Paytm, LIC & ABSL Made profits in Sansera & Campus
Experts and members of the forum please suggest way to understand on what basis to apply in Ipos.
Also is this IPO Paradeep Phosphate worth applying for specifially for listing gains considering current market situation?
86.1. Display| Link| Bookmark|
May 18, 2022 3:04:14 PM
Top Contributor (400+ Posts, 200+ Likes)
If you apply only for listing gains, then better to just apply based on GMP(anything 10%+ gives you a good buffer to avoid any loss)
Ather industries is fundamentally very sound company with fastest growth like Clean science. If it comes at decent valuation then it will be definitely a portfolio stock. Wait for details of Ather before applying in Pradeep.
Paradeep Phosphates Founded in 1981 under the Companies Act, 1956, Paradeep Phosphates Limited (PPL) is India's third-largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP). he company manufactures, trades distributes, and sells various types of complex fertilisers. This includes DAP, a total of three types of NPK (NP-10, NP-12, NP-20), Zypmite, Phosphogypsum, and Hydroflorosilicic Acid (HFSA). Additionally, the company engages in the trading, distribution, and sales of Muriate of Potash (MOP), Ammonia, Specialty Plant Nutrients (SPN), and City Compost. USES- ZYPMITE- Zypmite is a Soil Conditioner helps in improving the soil fertility, increasing the intake of NPK fertiliser and improving the quality and of yield of crops. Phosphogypsum- is used in agriculture for soil amendment or as fertilizer, as well as in the brick and cement industry, and in road construction. Hydroflorosilicic Acid--The hexafluorosilicic acid is almost exclusively consumed as a precursor to aluminum trifluoride and synthetic cryolite, which are used in aluminium processing. Di-Ammonium Phosphate -Although DAP is used for all crops, in India, it is used the most for paddy (key crop in the kharif season) and wheat owing to their higher acreage. STRENGTH 1- Paradeep Phosphates Limited (PPL) is India's third-largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP) 2- Excellent track record. Assets growing. Revenue increasing. Pat increasing. 3- Attractive valuations. Nine months period ended December 31, 2021- 6.60. PE- 6.3. Industry Average- 15.73 Industry lowest- 11.57 Industry Highest- 18.72 4- Excellent well qualified management. Less offer for sale. Only 497.73 shares. GOI is selling which i think is a positive. 5- no direct impact of russia-Ukraine war Negatives- 1- Criminal cases against promoters as well as company. 2- Only one manufacturing unit. 3- Part of proceeds utilized for the Goa facility which has incurred loss after tax in past 3 financial years. 4- Certain portion of the Net Proceeds will go their promoters, zacl which i don't think is a big negative.
MY view- Apply for long term. If short term money is made then well and good.
Paradeep phosphate IPO Mein itni " Khamoshi" Kyon hai QIB, HNI, RETAIL- Ki Abhi tak??? IPO subscribed 0.34 times. Retail-0.66 times QIB- 0.00 times HNI- 0.08 times By May 18, 2022 11.45.00
IPO Open : 24-May-2022 IPO Close : 26-May-2022 Basis of Allotment : 31-May-2022 Initiation of Refunds: 1-Jun-2022 Credit of Shares : 2-Jun-2022 IPO Listing Date : 3-Jun-2022
hi can any one guide me shall i apply Paradeep IPO.
Thanks in advance Srimannarayaa
78.1. Venkatram| Link| Bookmark|
May 18, 2022 11:39:43 AM
Top Contributor (300+ Posts, 100+ Likes)
I am applying in retail 1 lot in my family accounts. I suggest you to do so as well if you are looking at holding for min 6 months. Else skip this IPO. The listing gains in such bad markets might not even be 10%.