Rategain Travel Technologies Limited IPO Message Board (Page 11)

Whats your views on YES Bank now? hold or exit?

I m applying against all the odds.

Whats the Expected HNI Subscription figure.

Company Name       Open       Close       Refund       List       price Lot
Rategain Travel Technologies Limited      07-12-2021      09-12-2021      15-12-2021      17-12-2021      425      35
Shriram Properties Limited       08-12-2021      10-12-2021      16-12-2021      20-12-2021      118      125
C.E. Info systems limited       09-12-2021      13-12-2021      17-12-2021      21-12-2021      1033 14
Metro Brands Limited       10-12-2021      14-12-2021      20-12-2021      22-12-2021      500      30
Medplus Health Services Limited       13-12-2021      15-12-2021      21-12-2021      23-12-2021      796      18
HP Adhesives Limited       15-12-2021      17-12-2021      23-12-2021      27-12-2021            

I suggest to keep single HNI Thread for all upcoming 5-6 IPOs, as our action is inter-related and also following all individual threads will be complex.

I also suggest experts to start giving valuable inputs a bit earlier and not wait for the last day, as this time exercise is a bit complicated...

Ratgain is Apply with Full Force.

Excellent Business Model.

rate gain . ce and medplus. can apply only 1 hni application sizable qty.

preferable option?
tks

Again great to see the HNI group back in action

The way Rategain''s fundamentals are arranged, it reminds me of Cartrade due to some similarities -
1) Expensive valuation
2) PAT negative due to esop expenses and impairment
3) My Mind and Heart are not in sync
The company seems to have a bright future post pandemic but with the 3rd wave expected to hit most of the countries especially USA, where the company derives more than 60% of its revenue, and with the possibility of return of restrictions and lockdowns, will the valuation be able to sustain post listing? Seems like a bet for risk taking investors.
Tega refund will mostly not be available for Rategain so i''ll consider applying in retail category after further analysis.

Only retail here and that too if last day figs look good. Hwvr, will be more interested in and closely watch HPA and CEIS closely.

@Avenue - That''s a good idea to be able to track all the 6 IPOs. We can bookmark the direct link to the thread as well.
I will apply with all my retail accounts(14) in Rategain, MapMyIndia & Medplus. Based on the HNI figures will go funded HNI in Medplus & avoiding MapMyIndia as it may turn to be another Tega. :-)

Step one is to choose 1 or 2 among RTT, Shriram, Mappy and Metro.
I am sure about ICICI - my Tega funds will be available for RTT...

RTT funds can be used for MedPlus and
Shriram & Mappy funds will be available for HPA

@Avenue.. mappyindia is a must apply ipo .. n looks like funded hnis targeting only mappy india.. and will skip the rest... So it means hni again cross 450x.. for every self funded hni having a capacity of less than 400 will b in lottery again..
For me that Rategain atleast looks quite better than shri ram and metro.. and adding to that fund of this can also b utilise in Medplus..
HPA yet to disclose its price band so don''t hve any clear stand for it..
N yes will open one more thread in mappyindia.. for sure..

@noorul I''ve already opened a thread in mappy

@noorul@avenue@Mog: atleast in mapmyindia, it shouldn''t cross 450X due to its big size, latent/tega were having smaller size. mapmyindia can go like gocolors around 300-350X max. Regarding funds utilization and which one to apply, i posted my preference (as of now), in other post, which i am re posting here too :)

Tega funds can be used mainly in mapmyindia for good returns.
Some funds can be put in rategain/shriram properties also as per last day subscriptions since both are little risky to play in HNI since they both have losses and even issue size of rategain is big.
Medplus is good ipo but HP adhesive doesn''''t look so good.
Rategain funds can be used in medplus but shriram properties funds can''''t be used in medplus so better to apply in rategain instead of shriram properties to re-use funds in medplus, if QIB/HNI crosses 4-5 times atleast in rategain.
Mapmyindia and shriram properties funds can be used in HP adhesive if that has good gmp/subscriptions/price-valuations.

I suppose Data Patterns IPO is likely to come as well and add to the confusion.

Data patterns from 14-16 December.
Decision making for Hnis is becoming tough day by day as more and more IPOs join in.
One of the toughest and the most confusing decisions HNIs are going to face.

My favorites from the current 7 IPO''s based on info available thus far:

Mapmyindia (expensive but I like the business) & Medplus (old school brick & mortar business but has value in it) - But given the dates, no UHNI can go FF in both so will have to take a call depending on how things progress. If Mappy goes overboard with HNI then I may prefer Medplus since Mappy seems to be favorite of FHNI. Also, for the 5 IPOs of RTT, Shriram Properties, Mappy, Metro & Medplus, the overall limit of 1 lakh crore HNI funding quantum will be something I would watch out for!

Metro Brands - I really really like the business but its obscenely priced in the IPO & I don''t think there is much upside left in the IPO
Shriram Properties - Average business with average anchor book and much better RE plays available in the secondary market
RTT - Super expensive valuation for a very very average business with no sustainable moat and way too much competition. Also the thin & volatile GMP and enthusiastic posts by New Members about the IPO isn''t inspiring confidence

Data Patterns & HP Adhesives - No pricing info available to me as yet so undecided

@neolongus perfect analysis! I also feel the same.
For HNIs, I guess it will come down to Mapmyindia vs medplus vs data patterns.

Defence sector IPOs have been historically priced reasonably which generates a lot of buzz and bumper listing.... Expecting the same with data patterns.

For me, in addition to retails,
- tega funds will be use for Mapmyindia, without considering gmp or sub figures, & then to HPA, depending whether it arrives in afternoon & how gmp & subs figures are attractive.
- fund unutilized in ARWL will go for RTT, & later to Medplus, depending whether it arrives in afternoon & how gmp & subs figures are attractive. Most hospital attached pharmacies give 5-10% discount & facility to take back unused drugs or competition from generic drugs pose great competition to online pharmacies.
- Metro & Shriram not interested as burnt fingers with Khadim & Indiabulls, unless last minute gimmick happens & might apply for listing gains.

@noorul - I appreciate your straight forward decision making ability and guts to post it here. However I suggest you take a call on last day at 1:00 pm. Market is still very choppy and Rategain seems to lack momentum. This is a time to be very alert.

UPI limit is going to be increased to 5L for ipo

..
RBI

this is very interesting and first time :)
1 ipo opening each day for Continuous 7 days from 7th dec till 15th dec.

@lokes what confuses me is that how can so many companies come up with their offering at the same time....I remember reading an article where SEBI had taken a few steps to prevent multiple IPOs from clashing. Looks like it didn''t work out.

It is true @dptl. I''m using it and only last month is the month where I get less than 5% ROC. Otherwise after deducting expenses net yield is above 4% per month.

@gopal Then what are u doing here? If u are getting net return of approx 50% yearly, i don''t see the reason to waste your time in this forum.

While having so many IPO options, and going FF in MapmyIndia does not seem like a correct choice. One has to consider distributing funds between RTT, Shriram and Mappy, of course depending upon the response of QIB and HNI on the last day. Don''t know if it will sustain but RTT, Shriram have 22,15% GMPs and too large allotment chances as compared to MapmyIndia.

Also, can not ignore the fact that if given dates are correct-
RTT funds can be reused in MedPlus IPO.
Shriram funds can be reused in Data Patterns IPO.
MapmyIndia funds can be reused in HPA IPO.

@MOG bcz I don''t put all eggs in one basket. Thumb rule of wise investment.

And through these good forums only I came to know various investment opportunities from fellow members.

@ mog.. thanks for taking the insiative in mapny india page..
@ amit cheedha ,nitheen. Thanks for ur suggestion .. these days in which ipo to apply is not remain a question anymore.. but which one to ignore is what giving a mind excercise..
Of course i didn''t applied yet as money is still being blocked in tega .. and i might pull back in this script . The only trigger i m looking for.. if retail cross the 10x than i would surely apply.. Hni subs doesn''t hve so much importance here because of many high gmp ipos r in line up..
And yes these new members agenda also giving smell ... Something fishy..

@gopal True that. Diversification is the best risk mitigation tool.
Can you provide more details about the bot you use and how it works.

@nOORUL , in sme ipo what is the minimum application you can do as HNI?

@MOG @ Gopal.. I have made the same request but as a fresh message, in order to keep this thread for current IPO and ensuring no mix-up. His response is awaited there.

@ ipobhakt.. anything over 2 lakh is under hni category .. wheather in mainboard or sme.

@NOORULJI, SME HNI ALLOTMENT IS SIMILAR TO MAINSTREAM IPO ON A PROPORTIONATE BASE OR SOMETHING DIFFERENT?

Tega Funds released.
Allotted Tega 1 lot against 513 lot application.
No allotment against 40, 30 and 1 lot applications.

Will decide on RTT at 2:30 pm. Poor show so far...

@IPO Bhakt... not right time to discuss SME when we have 6-7 running mainline IPOs.
Please wait, else check SME old pages.

@noorul @avenue @lokes @MOG @sbipo @iamnimitshah @MRavi and other HNIs

How many lots are you guys applying for.... if at all?

@m.k As i mentioned previously, i''m avoiding HNI application for this one.

HNI Orders shuru :)

earlier I used to apply between 2:30-3pm, but equitas has lastday cutoff at 2pm :-(

@mog I''m in 2 minds about retail too 😂

Itna glut ipos ka kabhi nahin dekha... Need to think 10 times about where and how to apply. Btw, did u get allotment in Tega? Couldn''t see your post in that forum as there were too many allotment msgs.

@noorul

Still applying in HNI for this? FF?

Interested to know your strategy. Thanks 👍

skipping this and reserving all 190 lots money from Tega for hot cakes on offering in the next week :)
Might apply only for 2 accs in retail thru upi that also based on final figure by eod.

Thanks!

@m.k retail too mostly avoid for me.
I''ve replied in hni discussion in Tega. Got 1 lot

The main reason I still haven''t scraped RTT is because it''s funds will be available for MedPlus and Data Patterns.
First time I have seen so much variance in opinion of experts views, as everybody looks like having a different theory about RTT.

How much chances are there for RTT to list at discount???
and considering size of QIB portion, what minimum QIB subscription will qualify this as an average IPO?

@m.k . Nope.. as i said i would like too see retail atleast 10x. And that was my trigger to apply.. but dats not likely to expect now.. so better i m looking forward 4 other ipos..

Overall Subscription - 7X
QIB - 2X
HNI - 20X
Retail - 6X

Every chance it will be 20X oversubscribed, retail - 10X

"New Member" infesting the HNI thread too...very interesting...hope they''re not one trick (RTT) ponies and will stay with us in the future HNI discussion threads too!

@M.K @Mog @avenue@noorul : for me, as i mentioned in other thread, i am definitely applying in this ipo in retail application. Regarding HNI, i may apply for 50-100 lots taking some risk around 2.45pm. Will inform here if applying and for how many lots. Money can be used in medplus also.
Shriram anyways i wont be applying for sure in HNI and mapmyindia money can be used in HP adhesive, so this one is second last ipo where money can be reused in other good ipo medplus.

Applied 100 lot.. half hearted. As my cut off time was 2pm. Had to take decision quite early than others.

Will apply in HNI if QIB > 10X else will apply in Retail

@Noorul... I probably will do the same... 1 HNI with target of 3 lots + 3 retail application.
Figures are not that bad now...

All,
I will also apply in HNI for about 500 lots and keep remaining for future IPO''s

Thanks

Applied for 50 Lots.
Keeping 100 lots for other IPO''s

@Noorul, @lokes, @MK, @Avenue, others,
I changed my mind gone, FF here (2000 lots applied, will use this refund for Medplus as @lokes indicated). Took risk, remaining will be split between others.

Thanks

Applied 100 lots after so much of thought. Let''s see 10% gain or 5% loss.

Applied for 81 lots.

396 lots,& 5 retails. I keep my fingers crossed 😐

Finally applied with 19, 21 and 23 lots 3 HNI applications and 1 Retail...

I had two small accounts with funds for 30 and 40 lots and though RTT to be an ideal case scenario to test our 50% + add lot theory.

Funnier part is I will not be disappointed if I do not get any lot.

Applied 45 lots(which is my FF currently.) Took risk like Sapphire food. Sapphire''s risk paid off well. Both are different companies, but have same threat ie. Covid variant. Took calculated risk, may get 10% down or 15% up based on market conditions. Will keep if opens down.
FF got reduced from 90+ lots to 45, because lots of money placed in SHK, Moil, MPS and Nucleus Buybacks. Buyback market is currently hot same as IPO market.

@Noorul.. I changed my mind at the last moment, and applied for smaller lots. By this I will have more funds in my primary account for other and upcoming IPOs..

@MRavi sir: wish you all the best for positive listing in this one :)

@all: I have applied only for 50 lots in HNI and all retail applications, since don''t want more allotment here in HNI and also need money for other ipos too.

@MRavichandran
Good to see Response from Bahubali of HNI of this forum, Being a small time in HNI applied only 50 lots

I have gone full force in Retail with 25 applications.. Hope to get 4 lots / 60k worth of allotment...

Even with all the FOMO, its difficult for me to give in.
USA from where the company derives more than 60% revenue has registered 38% increase in covid cases and 35% increase in covid deaths week over week.
I''ve totally shifted my focus to fundamentals as it is the only long term wealth creator. I don''t want to block funds for a possibility of meagre gain of 10-15%.

In the end, i decided to go with only retail applications in RTT. Not an expert but even though I feel valuation is expensive, the subscription figures n GMP doesn''t point to a discount listing. If I get allotted, plan to sell it on listing day, whatever I get off it. No long term bet on it at this price .
Got one in Tega HNI, plan to sell that too.
Next FF HNI Mapmyindia .....
May skip Sriram... Will skip Metro.

1) HNI: Not much fancy in this IPO and hence applied for just 69 lots only with an aim to get 1 lot or slightly above on proportionate basis.
2) Retail: Just two applications with 1 lot each.

Revised bids to 23, 27 and 29 lots

@Avenue Hope HNI subscription won''t cross 46

What is the time deadline in au small finance bank for applying in ipo? it is generally written 4pm in ipo section but today i was looking for rategain ipo but it was not listed in ipo section in au netbanking.

@ Avenue:
It seems you have applied for 3 odd lots, following the odd lot theory, on the estimation of total HNI subscription of around 40-44 times, with an aim to get allotment of 3 lots. Please don’t forget to convey the result once allotment is released. Wish you best of luck.

7 Retail Applications Only.

Got tied up with work and got free at 2.57 .... didn''t have time to think abt what to do ... was in 2 minds anyways ... Retail cutoff time was 4 PM .... lets see now ... FF for Mappy in HNI

Best of Luck to all

@lokes,
Thanks. took risk, would sell during listing week. expecting around 5-10% listing premium, lets see.

@Vivekk,
Hahaha (Bahubali of HNI) 😜😂
Hope you will get more than one lot, all the best for good listing.

Thanks

@sbipo: I have already applied in retail already. Will apply in HNI also in sometime. I posted in same page here my opinion as below.

161. lokesI Like It. 3|Report Abuse| Link |Dec 9, 2021 1:47:55 PM
IPO Guru IPO Guru (1700+ Posts, 1100+ Likes)
i am applying here in all retail applications here. Anyone who still feels its risky can apply via upi in retail. I may go for some lots in HNI application too around 2.45pm if QIB crosses even 4-5X only. its Funds can be used in medplus (good ipo) too as i informed earlier. Chances of 5-15% gains are more than chances of 3-4% loss.

@Lokes, Since there was mixed feedback and subscription numbers, went with 100 Lots in HNI. Let''s hope 10% profit as you said earlier or worst case of 5% loss.

Thanks

@suneel: all the best :)
yes it can give some decent gains (less chance of loss) and 1 lot you may keep for medium/long term and remaining you can sell on listing day. Markets also should be supportive during listing, hopefully they wont go in bear mode again.

Thanks @Lokes. Have funds for another 230 lots, but kept them for MaymyIndia. I will apply 230 lots in Maymyindia if subscription is <230x. Else will try luck in Medplus or Data patters. Don''t want to go in lottery, haven''t received Tega even after applying 323 lots. My luck is too good.... :(

This can prove to be better than Anand Rathi

Still enough time left for UPI

@gjy
Have you applied?

Employee quota is not parameter to judge any company even in Zomato employee quota subscribed just 0.6x but I also agree that there are many better ipo so I am also skipping it

@Param Patel, In Zomato there was no discount for employee. So Employee hesitated if it open at par.

If RateGain open at par then also employee can earn 40rs per share. Here risk is very less as per Zomato