Please can you confirm who many times Quess corp IPO has been oversubscribed form / application wise? I checked BSE and NSE site but could only find the info on Total no of shares applied for under Retain category. so shall appreciate if you can share info on application wise subscription.
Also it will be great if you could guide where to search form wise subscription info from. Thanks
similar reactions where there for Mahanagar Gas Limited Out of 3 application which i had done , i was been allotted successfully in 1 application , for time being do maximum application from different account , you will get success fully in one of them .
I see it as 9.65 times over subscribed application wise on exchange sites ( total shares applied for under RII category => 12,324,015, total shares offered under IPO => 12,77,500 only !! )
I see it as 9.65 times over subscribed SHARES wise on exchange sites ( total shares applied for under RII category => 12,324,015, total shares offered under IPO => 12,77,500 only !! )
@Septaji. I have been following IRB Infra for some time. A few observations to ponder over: (1) In FY16, sales up +33%, PAT up 17% & EPS up 11%. The only negative development was that D/E increased from 2.6x to 2.85x. Still, the stock price took a beating because of declining profit margins due to dilutive effect of low-margin EPC segment which has increased considerably over the past year from 50% of top-line to about 65%. (2)I think it''s a good strategy to diversify into EPC segment until the value locked in BoTs is released. It''s 4 BoTs in Maharashtra have stopped collection due to very negative reaction from the public in that state. A new arbitration rule has been passed recently which will help the company receive compensation for these projects some time in the current year. This is one value unlocking event. There is one more way IRB can release the investments trapped in various projects & de-leverage- through Infra Investment Trusts (InvITs, similar to REITs for Real Estate assets). But, this will take some time to happen. May be next year... (3) The EPC order book provides 2.5x visibility on construction revenues which is just ok but not great. KNR Construction, a pure EPC play for example, has 5.0x bill:order ratio. (4) I have not heard of them winning any BoT /HAM since Jan2016.
Conclusion: It''s a MT/LT investment wherein one would have to patiently hold until some key events happen viz: compensation for 4 BoTs which Maha Govt has forcibly rendered inoperative as well as any positive news regarding InvITs.
From one bank account, can I apply multiples (more than 2) applications having different PAN numbers and demate numbers? Will it limit/ reduce the probability of allocatment ?
Or to have higher probability of allotments, one has to apply from the different bank a/c thro'' which their demate a/cs are link?
In the case different PAN numbers requirement is fine.
If one can suggest and clear my queries.
Thanking in advance...
191.1. hbk| Link| Bookmark|
June 30, 2016 1:48:30 PM
Top Contributor (300+ Posts, 100+ Likes)
You can apply upto 5 different Demats from same bank account. It will have no effect on the process of allotment.
all these IPO talk the real picture is today market many mid cap and small cap doing a great run..... this small cement stock Burnpur Cement have come with excellent result and management guidance is also good one of the largest east indian cement company good speculative buy BTW price has run 30% so wait for some correction another cement player i like is Sagar Cements keep a close on this two counters any dips u can buy this a adhra infra play.
also IRB Infrastructure Developers looking good hit 52 week low keep an eye on this counter
septa sir, i have applied through ASBA using axis bank at 12pm today. i have applied 4 application but one of the application amount still not blocked and it was mistake by them that 1 application they enter 2 times. now when they allow to apply 5th app to me ? any idea. how i contact ?
Why QIB Participation is 0% on first day. Same for other category also except RII.
185.1. Chem cho| Link| Bookmark|
June 30, 2016 11:49:42 AM
IPO Guru (2500+ Posts, 2700+ Likes)
QIB MONEY is blocked in MGL
another point is may be they are not that much positive like MAHANAGAR GAS where in they applied on first day , or waiting like you watching what is the score in QIB , HNI , RETAIL