Auto component maker Sona BLW Precision Forgings (Sona Comstar) has received capital markets regulator Sebi''s approval to raise Rs 6,000 crore through an initial share sale.
This is not the right place to discuss this.. Now for Ujjivan, be cautious as there has been some insider selling in recent times. Pampilly Martin who is the head of operations sold a lot of shares, so a bit skeptical. However at current valuations, looks like there is not much downside. I am holding some for long and had averaged at 33 recently.
You will see Ujjivan Financial Services and Ujjivan Small Finance Bank merging soon, around June / July. Ujjivan Financial Services likely to see huge valuation surge on merger and the exchange ratio will be favourable for Ujjivan Financial Services shareholders. Better to go for Ujjivan Financial Services
Sunilkgs is correct. Ujjivan FS will be merged with USFBank and UFS shareholders will get a fav ratio. This is a well managed company with low NPA. The Bajaj family is a financial investor and they will make all efforts to make this business successful. All the best!
Today is the allotment date , what is status now. It''s peer indigrid is trading @11% premium to its NAV. It is better and safe option so it may list around 9to 10% premium.
70.1. Kishore S| Link| Bookmark|
May 10, 2021 6:06:18 PM
Top Contributor (200+ Posts, 100+ Likes)
The net asset value per unit of PGIIT is currently not ascertainable and accordingly, investors will not be able to compare the company with the listed industry peers
Hello Folks please tell me how is Ujjivan small finance bank ... Currently it is trading around Rs 29 .... Should I buy and hold for short term gain???
Hi My sequence of names (First Name , Last Name) are interchanged.
In my PAN/DP - My sequence of name is XXXX YYYY and my sequence of names in Bank account (ASBA) is YYYY XXXX. Does this comes under technical rejections ? Should i change the name sequence in PAN and DP.
PS : I got one IPO allotment (RI) few months back with KFIN.
already de-listed company, again coming to market to ask money
64. sree vas| Link| Bookmark|
May 7, 2021 1:04:32 PM
Top Contributor (500+ Posts, 100+ Likes)
chemplast
63. LeKKeR| Link| Bookmark|
May 7, 2021 9:32:05 AM
IPO Guru (1300+ Posts, 2000+ Likes)
Bengaluru-based Fincare Small Finance Bank will file its draft red herring prospectus (DRHP) with the market regulator Sebi for an initial public offer (IPO) this week
Even I have same issue, did not get any email or SMS regarding my application. But my bank says application is processed in exchange. How to confirm if my application is submitted ?
60. Kishore S| Link| Bookmark|
May 6, 2021 7:36:28 PM
Top Contributor (200+ Posts, 100+ Likes)
Hope the listing gives an opportunity to buy this at a reasonable rate.
Nirma Group’s cement company, Nuvoco Vistas Corp, is likely to file its draft red herring prospectus (DRHP) this week for its maiden initial public offer (IPO) that would raise about Rs 5,000 crore. Nuvoco began its journey after having acquired the erstwhile LaFarge’s plants in India.
The IPO includes a fresh issue of Rs 1,400-1,500 crore and an offer for sale of Rs 3500 crore by the promoters, according to market sources.
My first sequence of names (First Name , Last Name) are interchanged.
In my PAN/DP - My sequence of name is XXXX YYYY and my sequence of names in Bank account (ASBA) is YYYY XXXX. Does this comes under technical rejections ? Should i change the name sequence in PAN and DP.
PS : I got one IPO allotment (RI) few months back with KFIN.
As NII is already subscribe 2.35 times so if i apply 1 lot then it does not make any sense right ? Becuase allotment is based upon proportion bases not lucky draw as in retails. so if subscribe 4 times then how applied 4 times will get confirm allotment apart from that there will be lucky draw right ?
applying few lots makes sense, this is good quesi equity return. If your long term appetite is for say 5 lots (approx 5.5Lk investment), seeing oversubscription, it may make sense to apply for aprox 6-8 lots (likely allotment - 2 or 3 lots) and then if listing in discount (unlikely) to buy more from market, else even near the listing price this will be good 10% IRR return candidate.
with the level of subscription in Retail/ HNI segment at approx 5 times and Institutional Investor category approx 4.5time, there is certainly apatite for this debt instrument, and there could be decent listing gain of 4 - 6 % which would make yr1 yield at aprox 6%, while the tong term yield would still mean > 9%.
One thing is sure, fear of discounted listing is gone now!