Hi Sunilji. I am posting this message in Quess Corp since this one is very old and no one will read it. Just wanted to ask how can i sell 31 applications of LnT Technologies. This is a humble Request.
According to Quess drhp, co says no comparable peers, but RHP says comparable to Teamlease. TL currently trading around at 56 pe of fy16 eps of 15.93,Naukari in staffing business (though not fully comparable) trades @68pe of ttm eps of 11.71. Current gmp seems justified. Even if retail had 35% quota, allotement chance would have been less ie 1/7 @ 10% quota 1/25.
98.1. Eagleye| Link| Bookmark|
June 27, 2016 2:49:56 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Your observation that "According to Quess drhp, co says no comparable peers, but RHP says comparable to Teamlease." ... is interesting … my submission in support of the same is as follows:
Look at the facts: a) Quess DRHP is dated February 1, 2016 b) & Quess RHP is dated June 20, 2016 c) Teamlease got listed on February 12, 2016
Therefore, the Quess DRHP says no comparable peers, whereas the RHP says peer comparable is Teamlease.
You are right. Ipo forms had all this vital info of, basis of issue price > quantitative factors, printed, till asba forms were made compulsory. Now one has to search for everything.
96. Chem cho| Link| Bookmark|
June 27, 2016 1:10:49 PM
IPO Guru (2500+ Posts, 2700+ Likes)
Hence I mentioned do not covert L&T in to L&T Infotech , but it will not be like L&T finance , to Rs 62 to Rs 40 , now trading at Rs 75 L&T finance was good buy at Rs 40 when it dropped , NOW not likely to come at issue price , since L&T finance was an very big issue it had to revise it price and extend the day of IPO , This is not the case with L&T infotech ,as on today pl remember that L&T infotech is still not an portfolio stock , but later on can be ,
L&T finance to some extend today can be an portfolio stock at Rs 70 ,and stop loss of Rs 65
96.1. Eagleye| Link| Bookmark|
June 27, 2016 1:15:58 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Chem Cho sir,
Mahanagar Gas IPO ... what listing price do you expect ?
96.2. Chem cho| Link| Bookmark|
June 27, 2016 1:35:53 PM
IPO Guru (2500+ Posts, 2700+ Likes)
58.2. Chem cho Jun 23, 2016 4:54:52 PM IST Mahanagar Gas Limited IPO
buy only at Rs 525 at the time of listing , if it list at rs 555 wait for rate of RS 525 As said below now i will not be afraid to write rs 600 in days to come rate will always higher than Indraprasta gas in days to come
96.3. Eagleye| Link| Bookmark|
June 27, 2016 2:59:22 PM
IPO Guru (6600+ Posts, 21900+ Likes)
But ... the interest cost for HNI applicants is Rs.120/-
So, if it lists below 541/- then they will be making a loss on this IPO
Now L&T is not like previous L&T (which was 15-20 years ago). Last issue L&T Finance didn''t give any returns to investors. All brokerage houses are now little bit bearish on IT segment and L&T want to list it''s IT arm. Company knows in long term company will not get good response to it''s IT arm. This is the reason company want to list as soon as possible. Otherwise company windrows it''s listing plan 2 - 3 times. Instead of blindly apply we need to see all aspects financials, growth, customer base etc.
93. Eagleye| Link| Bookmark|
June 27, 2016 11:08:47 AM
IPO Guru (6600+ Posts, 21900+ Likes)
In this blog, so any persons are wrote that we are not get allotment In guess Corp. It''s very tough ratio to get allotment in this IPO? Someone wrote that if you apply for 25 application than you get one lot.... so is it subscribe so many times?
Eagleye mam please comments on date two members already written in this platform that its about 11 th july its means ipo not not comes to 4th and quess ipo money available for it
89.1. Eagleye| Link| Bookmark|
June 27, 2016 8:43:04 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Yes, these are market rumours ... But, no official announcements as yet ...
87.1. Eagleye| Link| Bookmark|
June 27, 2016 7:37:13 AM
IPO Guru (6600+ Posts, 21900+ Likes)
L&T Infotech IPO seemed to be so jinxed ... They have had to withdraw their DRHP twice ... And now when they are ready to go with their 3rd attempt ... The market is in the mood to go short on IT sector.
Person, who have enough money for both ipo I.e. quess and l&t may apply for quess, otherwise keep fund reserve for l&t. There is not enough benefit in applying in quess