Radiant Cash Management Services Limited IPO Message Board (Page 2)

NSE and BSE are a market place where a seller ( promoter) comes to sell his company's stake and the seller has whole and sole right to price his shares at whatever price he feels is comfortable.
The buyer's ( retail, fii, dii,qibs, etc) have their own opinion on what price to buy in.
Sebi can just create rules to how and where, but why is a choice of seller.

@Monster
You are absolutely right. A seller can entere the market to sell at any price irrespective of any justification. Even they are not bound to give any justification. It is also there that will charge the maximum. Exceptions are also there. It's the duty of the buyer to decide whether the price is reasonable or not. Price is determined with the consultation with some of the market authorities. No doubt they work in favor of the seller only.
Share Market being one of the mirrors of growth of a country, don't you think that there should be some one to look into the pricing of the IPOs. SEBI is the regulatory for the process only? I think so.
To save the retail investors from this absorbent pricing, is it not necessary to have some control over the companies? All retailers don't have knowledge. They don't understand what is FV, what is company doing. They belive in GMP. Even members of our Forum belive in GMP and subscription figures. There can be many arguments against this. But it's duty of some one to save innocent investors. I am not going to name any one. It's the duty of the smart investors to think over this.

Yes,...
Even though I didn't apply or buy Paytm...
I'm quite furious over the promoters...
It's a perfect example of how to cheat retailers.
Share worth of 3k FV 10
Ipo price 2160 FV 1
Now around 500 FV 1
Buyback at 810 through open market. Not even has the guts to buy through tender.
Everything as per rules and regulations.
So it's a high time to open your eyes and don't fall in to prejudice and pseudo analysis.
It is said and done that you learn in market by your mistakes and losses.

What a shitty company it is .

Even though Indian Stock Markets have come a long way from the erstwhile Controller of Capital Issues days to the present SEBI, a lot more needed to be done. Every Investor should enter the Market with eyes and ears open and fully aware of the Risk and Reward equation. In a worst case scenario, he may have to lose his entire capital. Cases in point are
GLOBAL TRUST BANK, LAKSHMI VILAS BANK and many more.
Especially Retail Investors must deploy only that much amount he can spare and to get a return on which he can wait for a longer tenure. He should never invest with borrowed money.
Stock Market is not a place to make quick money, even though some may make quick money sometimes. But , in fact many end up losing money quickly. That is why many choose to flip their shares on the listing day irrespective of gain or loss.
Views expressed are my own based on my experiences in the Market since early 1980s. It is not an advice to any one. Ultimately it is your Money and your decision.

@TRamasamy
So happy to read your post. Your views are based on your experience from early 1980 in the Market.
From CCI to SEBI, a good experience. Investors are not happy from beginning till date. Investors will never be happy with any steps taken for betterment of Market.
So happy to know that you have an experience from early 1980. Great. I had my first allotment of shares in 1982, the very first share application of my life. So, we are sailing in the same boat.
I differ on Share Market in not a place to make quick money. In early 1980 it was not but it is now.
Specially after SMEs. Investors having funds in Bank can apply in SMEs. If got an allotment one can make 10 to 200% profit in 20 days. If no allotment , funds are in the bank only and earn interest also. All investors can't make money unless LUCK favors. There is only one Rajesh Khanna and only 2nd Amitabh Bacchan in the film industry after 1980. Late Mr. R J was only King of Share Market. Many people are near him.
In last I may like to say that Investors should always take proper decision while investing in Share Market and according to financial appetite.
Unnecessary risk will put in difficulty only.
Wish you a very healthy Happy New Year.

3 scenarios
1. Reduce the IPO size
2. Extend time
3. Cancel the issue
But IMO issue will be subscribed by QIBs because Lead managers have setting with some QIBs so IPO will sail through

Dear param.Pahele status aur moralwise aisa hota tha QIB /HNI/retailers...ab pahele retailers /HNI/QIB hota hai😄.. listing ke din bechane lage hai retailers ki tarah

All one can hope for is that 2023 turns out to be a better year for IPOs. With 100+ offers at different approval stage with SEBI, its surely going to be as eventful as 2022-23, if not more.

@God is great kisko bechenge bhai kharidne vala to koi hona chahiye 😄

Dear param ye logo ko aur operater ko aisi hi script pasand hai.. Jaha koi kharidne wala na ho😄

They will reduce the issue size. But if qib applied for more than 1X they will give those excess shares to them. Even if extension is taken i don't think they will get more subscription.

They will reduce the OFS part and accept whatever managed to extract from the public

Wondering the 20% retail with courage and money who have applied in the ipo.. May be some of them will not accept mandate or may cancel their application..

@amitji
Majority from retail are there to cancel their bid from NII.

Is there any place we can see the names of the QIB's applying in this counter?
Investors need to know if their mutual fund is investing in garbage IPO's.

@PeterEngland: We might never get to know. Unless they cross the reporting threshold and if any MFs end up holding at the end of their monthly portfolio reporting.