Salasar Techno Engineering Ltd IPO Message Board (Page 52)

Pratap snack date

T grp rules are if you alloted then only sell. You didn''t not short sell or buy for intraday and btst. Stock is treding in 5% circuit limit for total 10 days. You sell only after 3-4 days from your buy date. After 10 days stock trading in normal. Jsk

THANKS IMKP JI
YOU APPLYING???

on listing day there will be no circuit but after that there will be 5% circuit, is this correct understanding.

No, it will from 5% circuit from LISTING price.
Ex: If it lists at 200, then 5% circuit will be at 210.
Next day again 5% so it can reach max 221.50 on second day etc.

Update your new pan card details in your demat account.
For time being you can fill your old name in Ipo application .
REGARDS

You may update surname by submitting marriage certificate along with new Pan card

You may update surname by submitting marriage certificate along with new Pan card

Actually name in PAN is not important what is important what ur bank or Demat or NSDL or CDSL have in there system. However it important to check if you do not get allotment even in on this due which is not oversubscribed like INDIGO

Name change in DP is not allowed. You may need to open a new account with new name.

Yes...Any option?

HNI application subscription estimate would be in 1000s.

HNI normally do not apply t segment.... 1000s times

great septa sir, now we can follow your secondary advise also.

@ septa sir
sir ji , i post hni estimates in 1000s as it''s only 36 cr. ipo. It gives me confidence from your post that ''t'' group doesn''t make any difference in investments.Sir, with due respect , Your first post is also positive for this ipo giving fair value of 200 with 25% mos of 150. Co. is offering at 108 and sir your estimate is 40 % listing gain.You also think that this ipo is lottery.

sir , one general doubt.
Recently zota healthcare came with sme ipo of 58 cr. and salasar is coming with 36 cr. mainline t group ipo. Is there any sebi guidelines w.r.t sme ipos or company is free to list in any segment ? Sir , I know only one rule that below 250 cr. issue lists in t group and in sme ipos min invt is 10x than mainline ipos for rii. i.e between 1-1.5 lac.
Thanks. Always appreciate your opinion .

from memory mainline issue 10 crore-plus are eligible to go with mainline. However given the cost and more regulation many company even with 10cr issue size prefer SME. that is reason zota health not taking the mainline route.

HNI mostly use borrowed funds so it will not be same a other IPOs given t group circuit brake at 5%.

With regards to bullish i am still but a bit worried at the same time take a look at irrational post which covers the issue with such small issue
71. Irrational Jul 10, 2017 6:37:00 PM IST I Like It. 2 | Report Abuse Reply
I went through the RHP and there are so many grey points. Some, i think are serious like

Section A.1: Insider Trading case against the company
A.15: Investing a part of surplus funds in equity markets
A.31: Trademark or logo is under the process of registration
A.36: Our Promoter and Promoter Group Members has provided personal guarantees as security to secure our existing borrowings of Rs. 1,650.00 million..

If you can, check "Cash Flows of the Company". Seriously doubtful.

Sorry to say, but this company has no fundamentals.. In short, I am not going to apply (irrespective of listing gain/ short term /long term prospects) if you go back and read my comment which i re posted i have said wait and apply given the size of the issue and management issue

I have also reposted my comment in which i am bullish but worried at the same time given the size of the company
Jul 6, 2017 9:34:46 PM IST Reply
Salasar Techno Engineering Ltd IPO

FY 2017 and net profits is Rs20.74 crore on consolidated basis. wow total outstanding share 13,277,300 Equity Shares @ Rs108 will give it MC of approx 143 giving it a PE of 6.91 this dirty cheap when compare it with its peers at this valuation this will certainly list at 100% premium IMO. RoNW is also close to 18% CARG is also good. dis advantage is it is very small company so management will be big question mark last year vaccine produce greensignal bio with very good balance sheet and management was also E. S. Chandrasekaran is executive director still failed.

However market now is bull face we hit all-time high on sensex so anything is possible

i will wait and apply anyway its lottery with only 37000 apron application

IMO fair value is close to 200 and give in 25% MIS it will certainly list 150 give a 40% plus return however this will be
Thank you,

Septa

Click here to follow my secondary market messages.

Thank you sir for you reply.I was totally unaware with that 10 cr. rule.
And thanks to mr. irrational also.
We will keep our eyes on your posts till next monday regarding this ipo.

SEPTA SIR
please clear that you apply OR not applying?
i wait if you apply than i apply
if you not apply than i am not

SO PLEASE CLEAR ON LAST DAY MORNING.