Not today. Wait for excitement to get over. Soon there will be a pullback then you can invest. Today if you want to investment, invest in good beaten down private banks/housing finance companies. Disclaimer - I am not an investment adviser. Views are personal
Thanks for the information. You know how to use internet and post message. You know the broker name also....then what is the problem in finding it yourself buddy
Looks like publicity for that broker.
By the way, "best in ipo" ---------------------> What do you mean by this...i know all brokers generally deal with ipo and market, but what is their specialty about IPOs?
425.2. Huzefa| Link| Bookmark|
October 26, 2017 12:05:32 PM
Top Contributor (300+ Posts, 200+ Likes)
Best in IPO in what sense. Are they going to get confirm allotment for all the applications applied!
The way this IPO is subscribed in few minutes and 9n first day, there is clearly planning to dupe people. Remember RNRL and RPOWER shares.. Anil''s shares must be AVOID ... Totally planning done to attract more and more people. Will go below Rs 20 in a year..
424.1. lokes| Link| Bookmark|
October 26, 2017 12:23:53 PM
IPO Guru (4400+ Posts, 5100+ Likes)
why to wait for one year.....take listing gain and sell in 1-2 days.... btw its good if less people applies in retail so that we will get chance for allotment with karvy....
Considering the 2008 experience of RPower coming from ADAG space, initial thought will be to avoid it completely.
The major difference between RPower and this one is former was a new company with no assets and cash flow. This one however is a established business and is currently positioned at #3 on AUM count.
Most of the moolah is being channelized into the Mutual Fund Industry with SIPs and other means. The industry is sitting at a life time high corpus with the help of bull run in equity markets and will continue to flourish.
The company enjoys a first mover advantage, first ever IPO from the AMC space.
The company also commands a strong distribution network. The overall AUM growth has been healthy at 22% CAGR over FY 2013–2017.
Financially speaking, company has yielded 21.1% , 27.9% and 15% CAGR on Revenue, EBITDA and PAT respectively during FY 2013–2017.
The anchor list also looks a promising one with names such as Abu Dhabi Investment Authority, Kuwait Investment Authority, Morgan Stanley, FIL and other prominent names. One can check the comprehensive list in IPO Forums.
The GMP story seems good and so is the Day 1 performance from the HNI and QIB players. Although people can still claim these numbers as fabricated.
All in all, it’s all about risk and reward and one can take the decision accordingly either to subscribe/avoid this one.
One can evaluate all the pros and cons and can make a decision on further research.
Obviously, it’s definitely not the end of IPO story and you will get good quality IPOs lined up in the near future.
What are the MAXIMUM number of shares( Shares not amt limit) we can buy of Infosys and stay in retail category ? considering approx record day price etc.?
Looking at the Day # 1 subscription it seems that the non - retail investors are really hungry for this IPO and Day # 1 of listing will still see a bigger appetite from the same player to buy big on the counter. Thus best that we can do is hope for allotment and exit on listing to have a Happy Dev-Diwali.
It is promoters efforts to manage very good subscription on first day & hope tomorrow they will not withdraw the applications .The same way they will manage GMP also & listing gain.Hope for the best