One 97 Communications Limited IPO Message Board (Page 25)

Paytm lagne ka chance 3 per 1

@sonal/@chalak and anyone else: can you share your thoughts on why GMP is decreasing for Paytm?
From unlisted market, people are having shares at 2400, 2600 etc and recently before ipo, it''s shares traded even above 3k in unlisted market, so if it will list around 2200-2250 then all will be having losses, right?

@ Duckky .. applying in sme as hni .. the process is as similar as in mainboard.. any application over 2 lakh is in category of hni.. or in other words applying 2 lot or more..
And i m using kotak net banking where its alwys there is ASBA.
One more thing for ur benifit. Don''t apply in any sme blindly or by any recommendations... Do well study before.. as d lot size is more than 1 lakh. Its all about circut game. Many people of this forum only hve been stuck in some bogus sme ipo.. that''s proved to b nightmare for them.
Mainboard ipo just burn d fingers where as sme can burn ur hands..

you can apply in SME HNI category through ICICIBank site
login icicibank site, click on OnLine Invest choose IPO.....
you can apply any no of lots through it.

I to have never applied in SME but know this is the way.

@duckky: sdz is not into sme''s till now i think.
And whatever @noorul said is correct in case of sme''s , everyone should understand first about risk of these, only few sme''s turns out to be good ones.
Me and @noorul joined sme''s around same time from last 2-3 months during prevest time. And @MRavi was already in sme''s before that and was taking part in discussions actively along with me/@dinesh/@GJ and others.

And in zerodha, we cant even apply in mainboard ipos also in HNI so its same in SME ipos, only difference you mentioned already that only NSE SME supported in zerodha in retail. So if icicidirect not allowing sme''s then you can use any ASBA bank to apply in sme ipos in HNI category, same like mainboard ipo''s.

@noorul: Enjoy your vacation buddy :)
I will also take break for today now, enough of posts ;) :)

I never invested in SMEs as i don''t mind not earning an extra finger but not ready to lose my lovely hands/ legs 😂🤣

Sorry.. This was supposed to be a post in continuation of the prev thread.

Irrespective of how many investors keep on discussing and sharing about "Expected HNI subscription", market will reign SUPREME and it will SURPRISE us. We all believe that we are the most knowledgeable ones but people who are not on Chittorgarh forum also believe the same.

Collective intelligence of investors may tilt on any direction and also towards any IPO. We will keep guessing till the IPO closes and how uncool this guessing may be.....it may turnout to be the best possible strategy in the prevailing environment.

Any "PRECONCIEVED NOTION" (Bias) definitely always has a detrimental effect more so in continuously changing (dynamic) environs......

@M.K: Paytm may give more returns on investment than latent view but main thing is its riskier than latent view, means paytm can give less profit or even loss also, nothing is sure there but on other side latent view will surely give profit only, so i think @noorul is just playing safe without risk, similarly like he went on with nykaa and sigachi and skipped PB.
And no matter how many of us will skip paytm and go to latent etc, still hni subscription number matters from other bigger players who put money in hundreds of crore so latent going 900X is just not practical.

Another aspect which many of us probably missed considering is Paytm will be closing first so each of us cannot have last hour strategy. One will need to decide about Paytm first.

US FEDs latest words have improved positivity in the short term and if there are no negative surprises from corporate India results.......there could be case of Paytm subscription gets a boost leaving lesser enthusiasm and money muscle available for remaining two.

I agree with lokes about latent view being the safest but question each one of us will need to be asking to ourselves.....Even if we believe in the potential of Paytm, does it worth to buy Paytm in the IPO or it will be better to focus on remaining two in the IPO and re-focus on Paytm post listing. ABSL AMC listing proved that even if a stock has potential for long term, it may not be efficient to buy the same in IPO for long term.

Except merchant payment gateway paytm is far behind their competitors and continuously losing market share to competitors. Every other platform based company i.e Flipkart or Nykaa or Zomato have strong customer loyalty and moat in their business whereas Paytm lost its ground after getting first mover advantage. It clearly shows that Vijay Shekhar Sharma is nor an aggressive neither visionary.
We can''t bet by seeing big names in anchor book where we have better options available in this space i.e Nykaa or Zomato and many more to come in future on exchanges.

@iamnimitshah : yes paytm is asking too much valuations as per his financials, but as i said earlier these companies valuations is not decided just based on their profits/revenues etc but based on their customer reach and future growth potential and market share of their business.
While reading so many news, In market, there is lot of contradiction on experts views over paytm pricing/valuations and future business, some are justifying this thinking future growth will be there and some are saying future competition will make things tough for paytm.
Paytm was leader in many business segments previously where so much of competition already came from other players like phonepe etc but then paytm has expanded his business into multiple other areas taking benifit of his huge customer base
So no one knows how paytm business and share price will perform in future.

So all in all, the view is consistent that paytm is not good at this price... I wonder what the subscription will be... I would say looking by the falling gmp, it should not cross pb subscription levels!

@iamnimitshah
Paytm has different businesses under it.
It can list all different businesses independently also. And then the valuations can be justified.
Ex: Stock Broking business it can list it as an independent entity. It’s Broking business is doing great.
It sells insurance also just like policybazaar
And the company is raising 10K crore of fresh capital which it can use to acquire businesses.
Their Payment gateway business can also function independently.
In short Paytm will be holding company under which there will be many different businesses listed commanding different valuations, justifying the current valuation of Paytm.
Also when there are 100+ Big different funds investing in it (which means they are bullish on it), there will be very less funds or people who will be bearish (who will want the price to go down). I think there is no much down side even if things go bad in the secondary market.

Happy Diwali Aniketbhai,
Any stock recommendation for muhurat trading?

Thanks

Aniket ji,
A very very delightful n glorious Diwali to you all. I pray the God to enrich each and every one with great good heart, health, wealth, happiness. All the best to all of you. Thank you.

@ StockTerminator,
Buy Akshar chem, SH kelkar, Nuclues soft & Mps ltd.
Buyback for all are in line with huge price margin. All are good companies. Buyback size are small but I think, unaccepted share will also reward handsomly up to next Diwali.

Thanks.

Happt diwali AniketJi.
Was waiting for you to seek advise on starcement remaining shares. Should be hold or sold?
Thanks in advance.

@ mark bab,
Cement sector will be in focus and demand for at least next 2/3 years. Although two of the quality midcap cement Heidelberg and Star is lagging and not participated in recent cement sector rally but @99 , there is no point to sell star cement. Rather add 10 to 15 % of holding at current level and wait for 6/9 months.

Thanks.

Aniket ji,
Thank you very much for your kind reassurance as so many investors like me are not happy and very much disappointed with the current market price of the Star cements. Your kind views help us to regain the lost confidence. We are all grateful to you for your magnanimity in sparing your precious time and sharing your knowledgeable n experienced valuable information. Please continue to enlighten us. Thank you.