Paradeep Phosphates Limited IPO Message Board (Page 8)

After decent listing of
Venus pipe & delhivery ipo
Paradeep GMP will up Rs.5

Those who haven't applied in this ipo will be definitely a loser one. Listing in positive. All fertilizer stocks are doing good and this stock will also give + ve returns.

GMP 1

Off the topic :

@Ravi sir , @Avenue
And all respected members who are still holding precision metalic

Board meeting on 28th May
Hopefully after financial results it should cross  45
( note : still holding 2 lots )

Average price ( 46 )
One alloted and another bought at 41 ( month's back )

Even i am not sure if it will bounce back ...
I am hoping ( wish ) that it will atleast cross 45 after the results ( may be within 15 days after result if market condition is stable )

@NaveenK,
Thanks for the update. I hope so 🤞

Thanks

GMP 2

Hello Experts,
what's your view on paradeep phosphates?
Should I hold it for long term?

And how markets are gonna look like in coming months??

For campus and other footwear companies Shareholders:

Indian footwear industry is currently valued at Rs 55,000 crore, growing at 15% CAGR in revenue terms over the past few years.
India accounts for 9% of the annual global production of 22 billion pairs.

India consumed 2.56 billion pairs of footwear in FY20, an annual growth of 4.5% over FY15. FY21 saw a 35% fall in sales(Covid impact). A CAGR of 8-10% is expected in FY22-25, with consumption touching 2.9 bn pairs by FY25.

Disclaimer: This post is only for educational and learning purpose. No investment advice.
If forum members/admin don't want me to post such messages then I will restrict myself.
Keep learning, keep growing!!
Thank you 🙏

Secondary market update: TCS sets record date for dividend of 22 Rs per share - May 26. Hope there will be rally starting from tomorrow..

Happy investing..

Thanks for your views.

@Pigeon ji
A good article published in ET regarding attrition and margin pressure for IT companies.
The biggest beneficiary is NIIT Ltd(which is into upskilling biz)
Disclaimer: Not a buy recommendation. Just for learning purpose.

Hello Everyone, I have one query. Since subscription of HNI not full, is it possible if someone applied for 15 lots at 39 get allotment?

No, as ipo is fully subscribe , no one will get at 39

@lokes & Amit Cheda,
I had posted earlier in the week that Rainbow had its low around 410 levels and also on Thursday I posted that I purchased it @ 427, which turned out to be the low for the day. See for yourself, its now at 478 and roaring to go past 500. My Icicidirect tradebook snapshot is attached.

Its security projection for the shares sold/ purchased, not trade book.

"the government's total fertilizer subsidy is likely to touch a record Rs 2.15 lakh crore in the current 2022-23 fiscal."

Additional 1.10 lakh crore given which is almost double.

And these companies sale's are majorly depends on government subsidies on fertilizer , so big breaking for this company.

Hope for allotment.

https://www.thehindubusinessline.com/markets/sebi-to-mandate-disclosure-of-logic-behind-ipo-pricing/article65439467.ece

Great decision by SEBI. If it was previously done then these "new age" and greedy promoters were curbed by demanding exorbitant pricing of IPO.

https://in.investing.com/news/creaming-the-system--the-prudent-way-3210608
An article that was posted in prudent page. Posting here again

grey market premium .50 only

As of now, I will be applying here in 2 retail applications and 1 small hni application, all via upi. i am busy from some days in office work so couldn't check much regarding this company, i have just gone through financials and dilip sir review and it looks reasonable to me. Both top line and bottom line are growing from past years and PE ratio for current FY is low so valuations are attractive at this price. Fertilizer sector is also demanding and growing, mostly all listed shares (except some) are performing well. So for long term, this can really perform well, but coming to current market conditions and subscriptions, looks everyone is afraid to apply and there might be chances of getting it at lower than issue price after listing so we need to decide, that should we apply here taking some risk or wait for listing for buying for long term. So accordingly caution needs to be taken, so i am applying mainly via upi mode only.

Some days back i already mentioned in LIC page that market current bounce may be for short term only and it started downside again from today.
I will take call to accept mandate based on final QIB numbers after 4pm. Will ping tomorrow morning about decision to accept mandate or not as per subscriptions and market movement. We can't rely on HNI/retail numbers as many might be applying via upi also and so actual figures might be much lesser in case of non acceptance of mandate.

In HNI category, be aware that minimum allotment will be more than 2 lakh amount of shares and if someone applying, then consider how much risk/loss you can have as per your current capability/funds etc, don't just apply based on other's comments since later if stuck like rainbow etc then tough to hold or to sell in loss. In retail, risk will be lesser so i think it may be applied via upi.

@Shanm,

Like @Avenue mentioned, Zerodha doesn't allow applying as a guest.

For applying IPO as a guest using UPI, try this,
1. https://www.edelweiss.in/new-issues
2. Select any IPO,
3. Click on Apply
4. Click on "Apply for IPO as a Guest" in the pop-up
5. Proceed with relevant details

Allotted in 3rd party rbl bank asba retail application too....
so total one SHNI allotment and 2 retail application (1 lot each) allotment.

Just skipped this IPO. Now think it was right or wrong?

High probability that your decision will be proved right.

In the meantime, Rainbow's board meeting is on 27/05/2022 for financial results and also to declare a final dividend. Latest price movements indicate the results will be better.

Good. Hope that by the time it will reach issue price.

Till what time we can accept the mandate? What if i accept the mandate now?

😂At 4pm..lol . I too forget in one application by 2 minutes and it was gone...wonder how I forgot to approve..
7 pm was only for LIC Raja Babu ..

IPO dekh ke LICI samjhe kya? Galla chor hai LICI.

i think, since itc is moving out of meme zone, LIC could be next potential candidate.
lol,,, Lic Raja Babu.

I have not applied
May list at Par or Some discount.
Stay Away
GMP is 0

Discount listing should be buying opportunity or skip that too?

Anyone accepting mandates now???

Accepted

Me too accepted the 1 retail mandate😂😂😅
Joining the day dreaming club.
Let's hope for the best.