as per new sebi guidlines if u apply for 1 lot or 10 thats alloted randomly through lucky draw which is computerised. how ever if lesser no of applicants then u might easily get 1 lot coz have to allot the min lot size to maximum applicants possible..i applied recently in 7 ipo for only 1 lot and got 1 lot in 6 except the narayana hr
Dear EagleEye, what made you to apply finally when its demanding premium than Bharat Forge and RK Forgings. Could you please explain the rationale behind it.
Boycott NTPC Green Energy IPO
260. Chem cho| Link| Bookmark|
January 28, 2016 8:40:54 AM
IPO Guru (2600+ Posts, 2700+ Likes)
All Govt bank are supporting ASBA , if you have internet banking account you can apply through them , Few banks i know are SBI ,Bank of india , IDBI BANK , ANDRA Bank While SBI ASBA is best becait allows to feed the details of 5 demat account , and next time you want to apply , only click your name 1 , 2 .3 .4 .5 and apply , . you do not need to put detail of name demat account , etc , but some times SBI site gets jammed , but you can apply in night hours also Broker sites are still not worth expect icici direct , Hdfc sec
hello board members gudmorning can anyone here solve my problem.. i m having demat with iifl nd having internet banking with sbi i logged in with sbi internet banking and could find the option to apply for the ipo but my question is that where will i have to feed the details of my demat so that the shares would get into my iifl demat...as per my broker simply applying via sbi ac i would get those ipo in physical format is that true
260.2. Chem cho| Link| Bookmark|
January 28, 2016 1:33:07 PM
IPO Guru (2600+ Posts, 2700+ Likes)
SBI ASBA
login to SBI internet service on the upper end when you open you will find e services click e services then left hand side you will find IPO ASBA
I am having demat account with Sharekhan and IIFL. but i am unable to apply online through both of them. I am having ICICI Bank Account with net banking.
due to asba sebi rule...direct application from traing account has been blocked i also having iifl dematt and there is no option to apply my broker said he would get a form in which i need to sign and money would be deducted from my bank account directlyy if alloted
Guys wait till last day. Better not to hurry. Apply after seeing QIB and HNI subscription figures. Some people may lose out on applying on last day due to system crashes due to compulsory ASBA but its worth.
255.1. Septa| Link| Bookmark|
January 28, 2016 12:10:50 AM
(4000+ Posts, 4600+ Likes)
i always like investing in market leader so precision camshaft comes in that category my portfolio is wide spread and i always have the market leader.... That was one reason i was bullish on Shree Pushkar becait was market leader in its category even when GMP was zero and infact listed at discount but today it close to 100% return in less then 6 months so i like invest in such IPO take page industry which was market leader in luxury inner ware most likely listing price slipping during market volatility, I would add some more to my kitty to hold to long term.
255.2. Septa| Link| Bookmark|
January 28, 2016 12:26:25 AM
(4000+ Posts, 4600+ Likes)
PCAM is undertaking a capacity expansion from 1.35 cr. camshafts to 3.0 cr. by 2017. (2014 news) so if as things stand i forecast profit tripling if all goes well so 2018 EPS could be at least 20
255.3. NeoTrade| Link| Bookmark|
January 28, 2016 1:31:29 AM
IPO Mentor (800+ Posts, 400+ Likes)
I like Septa''s views. Page industry is a multibagger. I have lost lot of money following broker recommendation and other calls. This is becaI am not able to follow the stocks always due to my other work engagement. I could have kept stop loss. Second reason, whenever I enter a share, it fall after some time or the market falls lot of points.
What I mean to say is that, if we enter secondary markets, the price may not be in our favor and it will mostly give loss. I made Rs. 5000 in Yes Bank secondary market, but lost around 9000. Net is loss. It happened to me with Indigo and State bank also.
Now, this IPO strategy looks good. Last year, many IPOS like VRL, Syngene, and Pushkar did well and if we held on only lot in all of these, it would have been profitable even now. Instead of doing quantity in secondary market, if we had built a portfolio on IPO stocks alone (even with one lot), the portfolio would have been in green. Instead of making NET LOSS with huge quantities of secondary market, it is better to make NET PROFIT with less quantity IPO stocks. Sensex indices also supported these stocks.
But I am afraid if this year, market will go down to around 22 k sensex levels and this makes me wonder how it will help IPOs to sustain growth. Anyway, as I said, we need to focus on QIB subscription and the uniqueness/fundamentals of the company and also market health (sensex points).
I find this strategy good, to make money in share market. If any experienced person like eagle eye, septa, star ipo, or others, please let me know ANY OTHER strategies to make profit if any.
this new t+6 has got some teething issue many online brokers having issue angel broking share khan and many not sure how true is this if anyone have problem pls let the forum know i am with ICICIDIRECT and no problem was able to put my application how many other online broker r having issue just try and see if you can apply
There is a problem with geojit .. online facility is not available .. i have to go to bank tomorrow for form punch..
253.6. Ou Ai| Link| Bookmark|
January 28, 2016 4:53:00 AM
Top Contributor (300+ Posts, 300+ Likes)
ASBA was available earlier too. It is not new. It was optional. Brokers like Karvy were offering it even earlier either through ASBA or cheque. Those brokers who are complaining say, like angel broking, Sharekhan etc have their own online trading platforms for IPO & secondary markets past several years. If they are complaining , it means a hoax call to bring in cheque payments back for some time. For whose interests?
As per many posts quoting gmp of 10-11, is it worth taking risk, given the fact that gmp is derived after taking all the calculations & valuation, in 70%cases listing price is very much close to gmp mentioned in this forum, better wait & watch.
The issue is very small.Difficult to get allotment @ reasonable valuations
247. Ou Ai| Link| Bookmark|
January 27, 2016 6:03:42 PM
Top Contributor (300+ Posts, 300+ Likes)
Hi all, Government is making a offer for sale (OFS) of 3,36,93,66o shares on 29th January 2016. OFS shares will be sold on 29th and shares credited T+2 (3rd day). I intend to subscribe. I also subscribed earlier Indian oil & Cola India with good long term returns.
247.5. Ou Ai| Link| Bookmark|
January 27, 2016 6:12:08 PM
Top Contributor (300+ Posts, 300+ Likes)
Issue size 3,36,93,600 shares. 20% reserved for retail category. Floor price will be announced on 28th Jan after market closure. 5% discount to retail offered
feb 2014 they made ofs at 150 in 6 months share price hit 300 plus this a good discount given the share has already corrected almost 20% safe bet all should apply
actual nothing is guaranteed yes risk could be less. many times OFS have being flop EI has very good margins but will the margin continue in new projects is big question. with regards to PCL and EI i would say EI if limited fund if fund is not issue spread both on EI and PCL
@Septa, By what year Shah meant the revenues to increase by 50%? Assuming FY19 (year next to year of completion of EOU), this yields 11% CAGR.
PEG ratio= 26/11= 2.4 > 1 hence overvalued.
I have assumed no improvement in margins. One may factor in any expected increase in margin but unless earnings increase by 26% CAGR, the issue will remain overvalued.
Disclaimer: PEG method is a quick way to judge value but has its own limitations.