🔷Number of Lots Available: 👉🏻Retail Investors: 6,64,740 lots 👉🏻BHNI (Big HNIs): 13,566 lots 👉🏻SHNI (Small HNIs): 6,784 lots. Applying for good listing gains in short term and hold for long term for big gain.
Those days are gone bro. Now IPO market is seeing incremental flows every month.
Indegene a 1800 cr IPO subscribed 12 times, so even if you extrapolate and apply to this IPO, it would be around 8-9 times. And with the additional money coming into IPOs month after month, and with the fancy name and GMP already at 44%, this could most likely be a 10+ bHNI subscription candidate (unless few more SMEs & mainboard ones come in).
Having said that, I want your subscription numbers to be right :-)
@newgen consultancy Sir Your views on following please: It's performance in comparison to other listed solar panel stocks. PAT margin if compared with other peers. Can one enter in it (if not allotted) after listing if view is long term. Is it possible to get returns like insolation energy
Company has operating profit in each of the past 3 years as required by SEBI ICDR regulations for 35% Retail portion. Check Page No. 468 of RHP for this.
Sebi rules require issuers to show Rs 15 crore average pre-tax operating profit over three years. If not, they must either list on the SME platform or do an IPO with 75% QIB participation, and reduced retail (10%) and HNI (15%) quotas. In this IPO, this condition is fully met (avg operating profit over 3 years being over Rs 136 Cr) and hence standard 35% retail reservation portion is offered.
Price bhi accha sa aa jaye aur allotment bhi mil jaaye aur fir good return bhi de jaaye Bas yahi wish hai
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August 21, 2024 10:28:29 PM
IPO Mentor (800+ Posts, 500+ Likes)
@newgen consultancy Thanks 🙏sir ji fir ur estimate. Solar or Renewable bas naam he kaafi hai. It is a big size IPO so there is a good chance of getting allotments. Now hoping 😊 for decent and investor friendly price band for this IPO 🤞