One 97 Communications Limited IPO Message Board (Page 22)

Paytm gateway is available for lot of online transactions. As you said, it is free for customers now but I am pretty sure they will start charging for it over the course.

When you pay with credit card, VISA/MasterCard etc card issuer do charge mdr charges. This comes from the pocket of merchant. here its LIC. This amount is shared among CardIssuerBank+Network(VISA/X)+Payment gateway+Settlement bank (Lic banking provider, may be IDBI).
Where as UPI payment, both end customer dont pay for p2p transfers. When its merchants mdr charges again comes in. Merchant pay goes to entire chain as mentioned above.
Since gateway is very risk free and volume driven, its a steady business. Thats why PayU gobbling up small rivals and growing big.

@Newrookie...I mentioned because there is one and only one Payment gateway in the LIC Behemoth website and that is Paytm.

@poweruser: I know what all charges and who all a credit card company charges for MDR. I was surprised of seeing zero fee on credit card payment in LIC which is such a merchant that always passes on these fees n charges to customer and wont let to bite into its policy premiums. I felt LIC allowing Paytm to provide free service is more likely than LIC paying mdr charges to Paytm like other merchants do 😄

Even i was surprise last month on seeing the same... only PAYTM...
@sdz ... yes there is no charges on using CC...
I just received my CC statement :)

Recently i have seen only PAYTM gateway option in other sites too... so maybe Paytm is giving some good deal to the merchant, whereby they are opting for only PAYTM Gateway option.

You need to apply for only 1 lot per PAN in each IPO.

If HNIs have invested in Nykaa in FF, only 89K Cr would be available for two of these IPOs. (PayTM and Sapphire)

At higher end of your estimate, total is close to 120K Cr incl Latent , so unlikely. Lower end may be possible.

@RSK... Good thought but as Paytm and Sapphire are popular names than Nykaa and Sigachi people may stretch their pockets too. Until they don''t wary much from these ranges we can plan allocation accordingly.

Completely wrong estimation..

@Noorul...Let them be wrong dude, I''m not a market expert or a foreteller 😜. How much funds do you think each of those IPOs would attract? 🤔

@sdz, @noorul,@jstm, @lokes, @Mog, @M.K and others,
my opinions for HNI subcriptions:
Latent : atleast 300 X (since all refunds surely available for this)
Paytm : around 75 - 100 X (Nykaa refund money mostly goes here)
Sapphire: atleast 200 X (if PB, Sigachi - one of the refund available)

Looking forward other experts prediction and suggestions.

Thanks

As of now I think, my Nykaa fund of 350 lots may go to Paytm,
Funds of 200,40,30 lots to go to Sapphire & Latent
in PB I applied only in Retail...

Personally I do not like Paytm.

@MRavi...🙄😲 Are you expecting thousands of MRavis and your NRI friends joining you in these 3 IPOs especially Paytm 😜. Your expectations at high range will bring in Paytm= 2.75lk cr, Sapphire= 62k cr and Latent= 18k cr totalling 3.55lk cr 😳

@sdz,
hahaha.😂
Just it was a guess work comparing recent good IPO''s trend. I did not calculate the total cost for all IPO''s. I could be totally wrong in my HNI numbers.

lets see @lokes ,@noorul, @jstm - best predictors, views.

Thanks

@avenue,
any specific reason for not liking Paytm?

Thanks

@sdz,
As per my limited knowledge and prima facie,
1. Latent
2. Sapphire
3. Paytm
Is the order of preference listing gain wise IMO.
Experts can highlight more. But why do u think Latent only 70× and Sapphire 100x. Most of the stuck funds of PB and Sigachi would be available by closing of Sapphire and Latent.

@sdz and all members in the above thread
The market has a total funding capacity of 1L-1.1L cr.
Since Paytm is a very big size issue, for people like me who apply by using leverage, margin requirement is very high.
And hence my estimations are as follows:
Latent: ~300x-350x
Sapphire ~100x-125x
Paytm <15x

@Avenue...Not interested in Paytm and planning to put your maximum funds 350lots into it also which is going to be oversubscribed the least of the 3? 270 lots into Sapphire & Latent?

@sbipo.. Sapphire I''m expecting 70-100x as Devyani bull run in secondary market will give it some push and will share Nykaa funds with Paytm. And 50-70x for Latent as it is closing after 2 good IPOs, I''m expecting funds will get exhausted by then similar to what happened with Sigachi which could garner only 3k cr though with 100%+ GMP. If Latent is coming solo, it would be making 250- 300x

@ sdz..I mean in my views its not looks perfect.. as every individual has some different analysing process so u might b proved right in the end.. and i will share my subscription prediction later on.. currently enjoying vacation in mumbai..
And yes plzzzzzz use this thread only in hni discussion..

@Noorul...wow enjoy your vacation and comeback to market with new and fresh ideas and strategies 😄

@ipo stonks: Latent being the last IPO, i doubt that it can pull 30k cr. Let us wait for last day 👍

Paytm max 10x in hni .

In all the recent bunching of IPO''s, overall HNI subscriptions haven''t crossed the ~1 lakh crore mark...and I think this upper cap will hold for these 3 IPOs as well.

@sdz,
My estimates:
Paytm =2,750cr (16-20x)
Sapphire= 311cr (70-90x)
Latent = 90cr (80-110x)
Only my estimates.

@sdz sir
My guess
Paytm =2,750cr (30-40x)
Sapphire= 311cr (90-120x)
Latent = 90cr (110-130x)

@ mravi.. for that much subscription figure.. paytm need to listed in nikkie, dow jones , shanghai along with bse.. :)

@MRavi My predictions on subscriptions are not that accurate.

@sdz In serial no 13, you have made excellent observations.

My take is... It all depends on the qib and HNI performance for Paytm... Its a huge issue, but if there is pent up demand, then some more money will be diverted towards it... For Sapphire and Latent, more money gets released from PB and Sigachi. Seeing the low HNI subscription for Sigachi, many HNIs will keep a higher allocation for Latent... Especially if the response for Paytm is tepid.... Causing a higher allocation for sapphire and most for latent.

So, it all depends on how Paytm fares to begin with. I shall take a call post 2 pm on 10th.

Looking forward to reading how you, noorul, lokes, MRavi, MOG, jstm... And the rest plan to allocate your funds.

@M.K: Well said. Valid points.
And ya since ipos are closing on 10,11,12 so it will be better to give more proper subscription estimates by 9th or 10th morning, as per GMP that time. From 10th nov, 12-1pm, anyways paytm action will start and by then we need to decide how much to give in paytm or how much to leave for other two.
And at least i am not in similar opinion to anyone of above posts till now for subscription estimations in all three ipos.

And for everyone, definitely PB and/or sigachi funds will be available to use in sapphire.

What if i told u .. i m going to skip.. paytm as well as Sapphire..

My estimates

Paytm : 7x-8x
Sapphire : 30x-40x
LVAL : 200x-300x

Paytm : Single digit numbers below < 10x in every category.
Clear Avoid from my side.
Sapphire : Something left on the table. Small listing gain possible.
LVAL : A no brain must apply IPO. Apply blindly. 👍🙏

@jstm,
Thanks for your estimates and guidance. (Sapphire and LVAL, will surely apply. Paytm may be in small lots depends on last numbers)

Thanks

@M.K., @Lokes, @Noorul,
Thanks for your opinion. lets see on the final day of the first 2 IPO''s subscriptions and take call.
(all remaining money can be invested in 3rd IPO Latent being the last, which is the best among all)

Thanks

@Sdz.. I surely will not be a long term investor in Paytm and if at all, will apply only for listing gain. I wrote 350x in Paytm only if HNI subscription is very good.

@MRavi.. Paytm had a huge advantage of being first company to enter at the start of India’s Digital Drive. They were too good all-around for first few years of operations and never let other pear give any competition or threat. But I think only till they had finance backing (probably china finances). Since it dried out in last year or two, I see a swift competition has risen. Only Paytm payment Gateway is the only area where they are still undisputed leader, but even in that they now have swift competition. I think Paytm is asking for a too high price, though I know I may be wrong. I will apply to paytm only for listing gain and only if has huge subscription.

@sdz..I did not say I am not interested in Paytm, I said I don''t like Paytm Company.
I may apply in Paytm if subscription is good, for which I have serious doubts...

As you said it is too early, we all will be making final decision on 10th and 11th.

@ M.k .. i m giving u reply here as i comit before to use only one thread for hni discussion.. to give least disturbance to others.. hope u don''t mind..
So the thing is three IPOs are loking horn at a same time...all looks lucrative at first glance but one of them has come with money bag that''s Latent.. u can see few negative poles in paytm n sapphire.. but its hardly any in latent.
Paytm is a giant but its expensive at this rate.. and size is biggest in entire stock market history.. with that expensive price tag of 2000rs share , they simply put the small retailers out of contest. Paytm may give flat to 10% listing.. negative listing not looks possible as of now because of that hefty anchor book.
Sapphire is comes at gud valuation and can give up to 25 to 30% possible return.. devyani current performance also give its thums Up.
But latent comes at much cheaper price and its peer is happiest mind.. one of blockbuster ipo of last year.. n latent is available at very cheap if compare to happiest mind.. it can easily give more than 50 to 60% return.. so this time without any mind exercise i m going for latent with FF.
And it''s subscription fig won''t b like 900x or something as u said.. folks were talking about 500-600 x of sigachi.. u people should come out from paras trauma.. it''s not possible every time.. paras was the sole running ipo.. dats leads that insane number.. n u raise a point that everyone will think same way and apply only in latent .. what i hve noticed dat all the members of this forum only not thinking same way.. better not to talk about rest of world..
Latent subscription figure will b under 330x.

@noorul Again 900x was an extreme example used by me to show how lower sub of Paytm (<10) and above 900 for latent could skew the returns of FF applications.

I hope your 300 odd x prediction for latent is true. 🥂

Hi guys... Took a small vacation from this forum during Diwali.... I hope everyone is doing well.
Personally I expect -
Paytm = 10-20x
Sapphire = 80x-120x
Latent = 150x-250x

I''ll mostly avoid applying in hni for Paytm because I don''t think the company has any objective and this is one company which if shuts down, it won''t matter much because there are good alternatives. Paytm hasn''t been able to establish itself in any sector...it just knows how to diversify into other sectors but not improve upon the existing ones... This is basically an exit route for the initial investors.

Devyani looks better than sapphire in all aspects including valuation. Though sapphire is catching up to Devyani in the number of stores, it is yet to post a profitable result like Devyani did recently. A price of 800-900 would have been good. I''ll apply based on subscription numbers.

Latent view is a no brainer. Everything looks good about the company and we''ve seen the history of it''s peer Happiest minds.Apply with FF

@ iamnimishah.. u hve valid points.. paytm asking higher valuation n its becaz of branding they have done in those last 5 years.. n now its high time to cash in.
@ spibo. Its depends upon the depth of ones pocket.. if anybody is capable of 100 lots than still paytm is gud option.. will got 5 lot against 100.. if has capacity near 130 than sapphire .. it will surely give reward.. and more than 250 than latent..
My prediction paytm 10-18x.
Sapphire. 70 - 110x.
Latent. 230-330.

Very good discussion.
Looks Latent View is clear winner and most prudent option among all 3 IPOs.
Will go with HNI option in FF in Latent view.

Regarding subscription, I think Latent view will go upto 250X.

@sdz

My view for Latent View HNI subscription is a bit different.
I really think it will surprise on the upside, more so because by 12th (close date) Nykaa & Fino would have been listed, Funds of all others ipos - SJS, PB, Sigachi would have been unblocked.. Good listing of Nykaa & Fino plus all the unblocking and with paytm gmp falling daily and sapphire gmp just 10%, and small size of 600 crore, I am thinking 300x minimum..

Correction*
Paytm = 6-13x.
Sapphire = 40-90x.
Latent = 260-360x.

@Noorul #23

That would be a sensible and more like your likely decision.

@ Eklavya.. avoiding paytm 100% comfirm..
Will decide on sapphire on last day 2pm.. if i find subscription figure at lower side..will apply from one ac.. so gud chances of getting more lots..
Becaz as per sources funded hni r going to target latent badly..

Kotak has put lien on one of my FDs due to shortfall in interest to pay TDS. Due to the lien I''m unable to use the FD to bid for IPOs. I spoke to support and they advice to premature the FD, however it will cost me 0.5% plus the TDS amount will get deducted. How do I get the lien lifted?

@niteenipo.. unless there is some other issue, the only immediate and common solution is to transfer/deposit money into account just to cover shortfall.

@NITEENIPO there is two option 1 is deposit gap amount to remove lien, for that you have to talk to your bank, that how much amount is required to be deposited for removal of lien. 2 is if you have no liquidity for deposition as mention in 1, obtain overdraft on FD which will cost you +1% over and above FD rate.

Paytm IPO subscription figures will surprise everybody,
.
.
.
.
on the Lower Sides.

I think there are many like me, who do not like Paytm :)