No ipo leaves anything on table since last decade becasimi is very corrupt too and greedy merchants bankers are looters thinking fii and nii will subscribe issue...
Upcoming ipo sadbhav infra 12 may to 14 may 113-117 lot 120 No retail discount Crisil 4/5 600 cr ipo must apply for
51.1. Septa| Link| Bookmark|
May 3, 2015 1:41:19 AM
(4000+ Posts, 4600+ Likes)
Just read the DRHP of Sadbhav its a loss making infra company I also read 3 page crisil rating not sure why they have given such high rating for subsidiary company with thin order in hand.... IMO just the fundamental I will avoid this ipo too
It''s disgusting to see promoters and BRLM''s pricing the IPO''s so expensive leaving very little margin of safety for the investors. Be it Monte Carlo, NCLM Industries, Ortel, Adlabs, InoxWind, MEP Infrastructure, UFO Moviez & now PNC Infratech. Yes, I didn''t finds VRL much expensive. Investors should teach a lesson to Dracula''s of Primary Market by showing what happened to NCML but issues like MEP Infra, Ortel, UFO Movies somehow getting through, which is good for ensuring proper research before investment.
50.1. Septa| Link| Bookmark|
May 3, 2015 1:44:57 AM
(4000+ Posts, 4600+ Likes)
I am of the same view be safe then sorry..... VRL was a good issue 5 application zero allotment bad luck. I think we would see lot of high price IPOs from greedy promoter and many sad investor.
One more issue which I like to share is that all companies does is promoted by the same group which does not give much confidence in the management style. They all one and the same promoters. Pradeep Jain read the DrHP does not give much confidence given the negative news in media with delayed project another bare bug is internal business transaction. This make my avoid theory more particular high risk.
Can any1 tell me what would be the brokerage cost Incl of tax. charges, if i sell shares at Current market price. In total = Rs.19500. In ICICI direct account.
first check ur plan , for example my plan is 0.55% brokerage, so when I sell shares in my ICICI direct account the approximate brokerage is 0.75% (0.55+0.2). 0.2% are the taxes etc. So if same is the case with u then brokerage will be 19500*0.75%=146.25.
PNC,UFO,Monto Carlo,Adlab are good company s but very highly priced. Before apply retailers should consider these facter that market would go down another 2000 points.
They all one and the same promoters. Pradeep Jain read the DrHP does not give much confidence given the negative news in media with delayed project another bare bug is internal business transaction. This make my avoid theory more particular high risk