I fail to understand as to how people apply for IPOs at such a high valuation... Just because a company is coming up with an IPO doesnt mean its an investable co.
Retailers have been always either of the side. Completely bullish or completely bearish. Before they subscribing all iPos and now they don't even apply in Bandhan bank also
Finally 146595 retail applications. Just 1.21 times application wise
161.4. medge| Link| Bookmark|
March 22, 2018 11:09:58 AM
IPO Guru (1300+ Posts, 2000+ Likes)
As app wise it is 1.21 times, 100 out of 121 will get allotment, whoever get allotment will get 1 lot each.
160. Chem cho| Link| Bookmark|
March 21, 2018 10:56:22 AM
IPO Guru (2600+ Posts, 2700+ Likes)
They are leader in certain parts. OEM suplieers to many good companies in Auto parts have monopoly in locking systems , Rear view mirror in commercial vehicals , excavators cabins for Kobelco , volvo , Komatsu , tata hyundai , Jcb etc turn over 5 croes for excavators
Monopoly? for what ? Mirrors? Every MNC designs its mirror for its vehicles and gives the drawing to subcontracting/outsourcing companies. They just supply as per requirement or orders in specified Quality. When another firm with lowest Quote Bids for same, Monopoly becomes zeropoly ! Product list is not any kind of unique items.. !
160.6. Chem cho| Link| Bookmark|
April 2, 2018 10:46:28 AM
IPO Guru (2600+ Posts, 2700+ Likes)
BUYERS BSE 352893
SELLERS BSE 161948
RS 345 PRE OPEN
have a good day for those who applied
160.7. Chem cho| Link| Bookmark|
April 2, 2018 10:50:51 AM
IPO Guru (2600+ Posts, 2700+ Likes)
buyers and sellers are changing in short period of time
bse pre open Rs 345
nse pre open Rs 346.10
160.8. Chem cho| Link| Bookmark|
April 2, 2018 11:14:16 AM
IPO Guru (2600+ Posts, 2700+ Likes)
158.1. Rajat Jindal| Link| Bookmark|
March 21, 2018 11:32:08 PM
Top Contributor (400+ Posts, 100+ Likes)
@Avinash don't see gmp, it's not going to list at a huge premium. But keep it for 6-9m, one will earn good 15%. Just read about the company. It's a market leader in its segment. It's got some impressive clientele. Plus, do you see ipo proceeds are going to be used for the part prepayment of the debt, so that would help to increase the profit with a good amount. Aur kya chahiye bhai?!! Gmp is not everything. And 2017 has gone. Such madness should stop. After mad bull run of 2017, people were not even content with 50%-60% gains or even 2× baggers, everyone wanted 3× 4× 5× 10× !!! Stay blessed and healthy, and don't burden yourself with GMP !!!