Ruchi Soya Industries Ltd FPO Message Board (Page 20)

How to withdraw the application.

Dear all,
Applied 1000 Lots in HNI. 🤞

Thanks

@Mravi, very good call, the whole sentiment about this ipo has been similar to adani wilmar. With adani wilmar doubling today (holding 101 allotted qty) this was a no brainer ´apply´

@ultrasnow, @Trueinfo, @Avenue, @NITEENIPO, @Value.Investor & others,
Thanks for your messages, much appreciated. Good luck to all of us at least a 20% return as that of 'Adani Wilmer' in short term.

@Investing for a better tomorrow,
Many thanks for your kind words, though I am not sure if I deserved those.

Thanks

Ruchi Soya FPO: Sebi orders retail investors be allowed to withdraw bids - Business Standard

They have to make advertisement on 29th and 30th March for withdrawal window.

Further, now they have to maintain price above 750/- for more 3 days.

@KDKing
Yes , all investor except anchor


https://www.business-standard.com/article/companies/sebi-directs-ruchi-soya-to-allow-fpo-investors-to-withdraw-bids-122032801165_1.html

BS Quote
“All investors/bidders (except anchor book participants) shall be given an option to withdraw their bids. The window for withdrawal shall be available on March 28, March 29 and March 30, 2022. The procedure for withdrawal shall be informed to investors and shall form part of the advertisement being issued,”

UnQuote

___________________________
For Your Info, If Applicable
======================
*Ruchi Soya - FPO*
___________________________
¶ Based on Intimation received from SEBI
¶ *Bids Withdrawal Option* is made available
¶ *up to 30th March*, between 10 am to 5 pm
¶ For ALL CATEGORIES (QIB, NIB, Retail, EMP)

Accordingly, T+1 Mismatch Session shall be on 31st March -- 10 to 11 am

UPI Mandate Confirmation Cut-off shall be up to 12 pm -- 31st March

https://www.moneycontrol.com/news/business/markets/sebi-orders-three-day-window-for-investors-in-ruchi-soya-fpo-to-withdraw-applications-8287341.html

Retail surprisingly undersubscribed, a category which keeps on applying for anything.

Bidders may withdraw within 30/3 , Ramdev baba and some others are found engaged in unwarranted public communication and thereby infringing the procedure.

https://www.moneycontrol.com/news/business/sebi-orders-three-day-window-for-investors-in-ruchi-soya-fpo-to-withdraw-applications-8287341.html

Ruchi Soya FPO: Sebi orders retail investors be allowed to withdraw bids

applied 3 lots in retail with 615 price

The lower price in the band only works when a majority of investers attempt to buy at lower price. But in this case, the anchor investors already bought shares @650 so any price below 650 was futile.
So as a rule if investing in retail catagory choose cut off, so even in a scenario where they reduce the price, as u chose cutoff you will get allotment at lower rate.

Also whatever is the balance from retail will go to the categories, as the whole fpo is over 1X so whoever applied for more lots in HNI will get balance from retail.

I have not applied a single lot....QIB figure is far below my expectations....Best of luck to those who applied.....

दूध का जला छाछ भी फूंक फूंक के पीता है। लाला जी का खेल समझ में आ गया रिटेलर्स को।

LALAJI KA YA BABA JI KA

All retail applicants applied at cut off price will get full allotment. I made five applications for 1 lot each.

I applied through 2 different Plans from one @650 and another one @615...in retail..but I confirm only one mandate....so which one I confirm..@615 ipo alloted or Can I apply @650 wala PANs

What happens if the retail portion is not subscribed fully and If I applied at 615 below the cut-off price in ruchi soya IPO, will I get an allotment?

No. The remaining retail portion will allocate to other categories.

R u sure the remaining retail portion will be allocated to other Categories. if so, then there is no point in reserve for any categories. Also, no point of discount for Retail section.

Anyone expert on this? can you please share the correct details.

@Admin can you please share the above knowledge?

एक काम अच्छा हो गया की रिटेल कम सब्सक्राइब हुआ। पर दो ही lot डाले थे। अगर डिस्काउंट पर लिस्ट हुआ या ६०० के आस पास मिला तो और add।।।
अगली खरीद अगले FPO की घोषणा पर।

Applied 1lot 650 retail whether one lot will be alotted

Some Observations:-

1..Over 55% of the entire market cap of indian listed companies are held by promoters. Fills hold 20% ,Dlls hold 13% and  the balance is only 12%. So,unlike most other global markets, India is unique from the perspective of who the biggest investors are, and those are the promoters.

2..Milk market in India is almost as big as automotive industry in India. Estimated to be about Rs 8 Lakh crores and it will grow bigger. If you plan to invest in listed companies look for companies who are milking the game through value addition in their products.

3..The projected incidence of patients with cancer in India among males was 679,421 (94.1 per 100,000)and among females 712,758 (103.6 per 100,000) for year 2020. One in 68 males (lung cancer)1 in 29 females (breast cancer)and 1 in 9 Indians will develop cancer during their lifetime. Watch out for the oncology players. 

4..Chemical industry in India is poised to grow from 180 billion USD to 304 billion USD by FY 2025. Driven mainly by policy changes in China, and import substitution. 2020-30 can be decade for Indian Chemical Industry. China though will still have 65% share of the growth in this industry and rest of Asia will have 13%. This 13% can still mean a gigantic figure for Indian speciality chemical companies. 

5..The more I research,the more I do scuttlebutt, the more I get convinced regarding this China+1 theme. It's way beyond what one can fathom. Don't miss this opportunity to pocket the beneficiaries. Next 10 years this theme can create massive wealth creation for the investors.

6..Sam Walton at age 44 opened his first Wal-Mart and during his lifetime dominated the industry. Our own Radhakishan Damani opened D Mart store at age of around 50,which was Inspired by Sam Walton. Dmart boasts of a nearly 2.6 lakh cr marketcap. It’s never too late to accomplish your dreams. Keep dreaming peeps......

Thanks for your observations .As an investor i always feel that there are always good opportunities available for investors in our market

Applied one lot at 615 rupees through upi.. Shall I approve mandate? Till what have time to approve?

PLEASE HELP IN THIS IPO EMPLOYEE QUOTA UNDER RETAIL OR SEPARATE .