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Precision Camshafts Ltd IPO Message Board (Page 43)

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225. MANOJ MAKHIJANI |   Link |  Bookmark | January 27, 2016 9:32:02 AM
PROCEDURE FOR APPLYING IN THIS ISSUE. DO WE HAVE TO DO ONLINE OR O WE HAVE TO FILL FORMS. PLEASE HELP
225.1. Septa |   Link |  Bookmark | January 27, 2016 9:46:14 AM (4000+ Posts, 4600+ Likes)
both is possible but payment is via ABSA
225.2. Gravitas |   Link |  Bookmark | January 27, 2016 9:48:37 AM (200+ Posts)
If this IPO is available for application on your broker''s Trading Site then I think you need not fill any form. Just log in to the Trading Account, apply online, & keep the funds in your saving account which is linked to the trading account.
224. singhsms |   Link |  Bookmark | January 27, 2016 9:22:41 AM
how much I can purchase?? please reply... Minimum order qty is 80 and what is the maximum??
224.1. Gravitas |   Link |  Bookmark | January 27, 2016 9:44:29 AM (200+ Posts)
I think RIIs can bid for max 13 lots i.e. 1,040 shares. The application money would be 186*1040= 1,93,440.
224.2. Septa |   Link |  Bookmark | January 27, 2016 10:33:18 AM (4000+ Posts, 4600+ Likes)
on retails max 1040 but under HNI u can apply for all the share at offer
223. Sbr |   Link |  Bookmark | January 27, 2016 8:47:10 AM (200+ Posts)
i have 10 a/c subcribes in IPO.
223.1. Septa |   Link |  Bookmark | January 27, 2016 9:45:33 AM (4000+ Posts, 4600+ Likes)
good luck
222. Chem cho |   Link |  Bookmark | January 27, 2016 7:11:06 AM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
company caters to both international and domestic market. Some of the long term clients includes General Motors, Ford Motors, Hyundai, Maruti Suzuki, Tata Motors and Mahindra and Mahindra.
Above is company statement ,
crankshaft for volkswagen , Tata motors , Ashok Leyland are not manufactured by PCI ,
PCI may be OEM suppliers for only for cars but , there are also small manufacture who make crankshafts for cars and them in open market , at cheap rates , There is lot of competition in market for supply of car parts
china was down 6 % on 26 jan 16 and at on 27/1/16 at 8 am down 2.03 % to 2693.88
ASX 200 AT 4970 DOWN .71%
MY NIFFTY level 6750 IS still not broken hanging towards 6775 and went upwards
we have to wait till 28/1/16 nifty levels and then take a call for PCI
Making money in stock market is not that easy , but it is very easy to loose money , so be careful
after my list of downtrend in sbi , indigo , next target is LIC housing , rs 482 to 450 -425 levels , may be i am wrong but some brokers are giving buy call on LIC
222.1. Lionbull |   Link |  Bookmark | January 27, 2016 7:42:09 AM
Yes. All broker houses are saying in India nothing to worry and market is intact. If there is nothing to worry, then why the nifty is going down? Some leading brokers are still shouting sensex will go to 50 k or 60 k in the email newsletters to their customers.

Exactly what happened in 2008 is happening now also. When global markets melt down, Indian market also going down. That time it was subprime crisis in US and this time, it is China. The acceleration to 30 k in 2014 has decelerated and now even turning reverse to sensex 24 k and even not stable now.

Most of the IPOS during 2008-2010 listed were at LOSS (you can see Chittorgarh IPO past performance or not growth as expected), we failed to sustain 30 k levels. Even the airlines stocks that were immune to market fall showing weakness, and other new IPO stocks like SHK also fell.

One important thing we have to find out how the demand is going to be for this precision IPO and that too on third day only we know. Even if there is demand, is there any other possibility for Precision to list at premium. For this, we need to know or study how demand will impact listing price.


Cam shaft market has to be studied in detail, I also had worked in a butterfly shaft small scale company.

222.2. Lionbull |   Link |  Bookmark | January 29, 2016 6:22:59 AM
Yes my broker also said to trade and look for housing finance companies like LICHousing in the current market scenario.

i dont know if I have to wait till 22000 sensex or what to do now. is there anyway to reach you on your email? Donno ur email pls
221. ravi vasani |   Link |  Bookmark | January 26, 2016 11:27:45 PM
ICL ma kya he
220. Chem cho |   Link |  Bookmark | January 26, 2016 10:52:43 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
SEBI has reduced the IPO LISTING FROM 21 DAYS TO 15 DAYS AND FROM 1 JAN 16 TO one week ,
So that the Retail investors should be aware of trend in the market , up or down markets , and so they should apply in the IPO
Markets have still not stabilised , up ward or down ward trend is still not sure ,
Those who have earned in past IPO , and take can take risk can apply in PCL IPO, Last one week i have not made an single comment regarding PCL

But the exact trend will be known on 28 jan 16

Most of my friends are still not sure how to apply in ASBA and this being the first IPO IN JAN 16 , Brokers are still not able to take bets of PCL , as they are not sure who is going to bail the IPO ,

220.1. Eagleye |   Link |  Bookmark | January 26, 2016 11:31:51 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
The way crude has bounced back...I think we should see a global short covering rally in all asclasses...today base metals are also up which is usually a good sign
219. MANOJ MAKHIJANI |   Link |  Bookmark | January 26, 2016 9:26:28 PM
how to apply if cheques are not accepted. i am not registered for ASBA
218. tushar |   Link |  Bookmark | January 26, 2016 9:03:54 PM
I could not understand in spite of brockarges r against of recent past IPO s ....most of de shown good performance anybody can explain it?
217. Arjun Patel |   Link |  Bookmark | January 26, 2016 8:49:38 PM
PCL GMPs 10-11
Kostak 500 @Rajkot
216. Septa |   Link |  Bookmark | January 26, 2016 7:56:41 PM (4000+ Posts, 4600+ Likes)
since i was doing DCF for team lease i thought i do the same with PCL I TOOK 20% 18% 16% 14% 12% FOR EVERY TWO YEARS DCF per share i got Rs 299.32 at 30% Rs 209.52 which still above the offer price of Rs 186.......
216.12. Gravitas |   Link |  Bookmark | January 27, 2016 12:54:03 AM (200+ Posts)
To clarify: " I was getting the same price..." meant I was getting 182 with no MoS. So, if I want 30% cushion, the price would have to be 127!

I think both PCL & TL do not give any breathing space wrt pricing. One has to take a leap of faith to subscribe.
216.13. Eagleye |   Link |  Bookmark | January 27, 2016 6:08:03 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
All of this is total "Tangent" for me 😱
215. tushar |   Link |  Bookmark | January 26, 2016 7:24:46 PM
Most of the brockarges r against of subscription
214. tushar |   Link |  Bookmark | January 26, 2016 7:21:46 PM
Wait 4 L&T infotech ipo
214.1. Septa |   Link |  Bookmark | January 26, 2016 7:42:14 PM (4000+ Posts, 4600+ Likes)
looks like l& T IPO is postponed to next financial year
213. Ou Ai |   Link |  Bookmark | January 26, 2016 6:57:59 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
China has tanked by another 6.4% today, so is all Asian market, Our market would have followed suit had it been open too. CAC & DAX opened lower, But in marginal green now.US likely to be flat. In a falling market, there are many picks far superior than PCL. Good chance of allotment or getting bigger quantity of share allotted does not mean higher absolute gains , if the counter has to decline upon listing immediately or later. considering low level of governance, I will stay away from this issue, even if it means losing some listing gains.
213.2. Chem cho |   Link |  Bookmark | January 26, 2016 9:37:57 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
WAIT for my price NIFFTY 7250 was not broken
it will come shortly
213.3. Eagleye |   Link |  Bookmark | January 26, 2016 11:33:47 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
What is your opinion ...

The way crude has bounced back...I think we should see a global short covering rally in all asclasses...today base metals are also up which is usually a good sign
212. sameer kasliwal |   Link |  Bookmark | January 26, 2016 6:14:42 PM
Waiting ur reply...about PCL....Eagleye... Sir...and also TSL for listing gain today china down 6%.....
212.1. Eagleye |   Link |  Bookmark | January 26, 2016 11:30:46 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
I am subscribing to the Precision Camshafts IPO
211. sameer kasliwal |   Link |  Bookmark | January 26, 2016 6:10:48 PM
Please suggest me apply in PCL yes or No..eagleye sir......
210. Splash |   Link |  Bookmark | January 26, 2016 5:58:22 PM
IPO like OFS tech list at 10% premium on day 1, so why can''t this?
209. Gravitas |   Link |  Bookmark | January 26, 2016 5:06:34 PM (200+ Posts)
Is it a coincidence that TL''s bids close (4 Feb) before PCL listing (5 Feb)? Is TL concerned that dismal response to PCL might affect TL''s prospects & has therefore timed its issue in such a way? Is TL short PCL?
208. IPOANALYSIS |   Link |  Bookmark | January 26, 2016 4:34:22 PM
It has a debt if 235 crore. av acq of promoters is 38 rs only

also dont expect any premium in such market which runs on expensive valuation
its business model does not give confidence as Ford and GM is facing stiff competion from which it derives 70% revenues

it is avoid for me.
207. mehul mehta |   Link |  Bookmark | January 26, 2016 3:51:33 PM
how much percentage growth rate of pcl average growth in net profit from fy 11 to fy 16 ?
206. LADHANI |   Link |  Bookmark | January 26, 2016 3:41:49 PM
IS ASBA IS COMPULSORY & FROM WHERE I WILL GET BID CUM APPLICATION FORM ?