SBI Cards and Payment Services Ltd IPO Message Board (Page 151)

Inviting comments

Hey engleye is it possible shareholder categories received 1.25 L crs...I don't think ....this number is too high...

GMP of 200+ not sustainable, 1.8 lac crore subscriptions is huge and that too only from NII. But for long term good stock having good growth in future and first mover advantage will be there only if pricing is good, remember ICICI life Insurance ipo

***200+gmp?***
I stopped thinking when it crossed 150
Though it sustained till date
It reminds me a dialogue of james bond movie
"IT WAS INTENDED TO WET OUR APPETITE"

https://grammarist.com/idiom/whet-ones-appetite-vs-wet-ones-appetite/

@harit sir
Aapne jo 5 accounts m sbi ka 1-1 share liya uska kya fayda
AGar Proportionate basis h toh

I am not expecting listing like ujjivan small finance bank, but listing like bandhan bank is surely possible.
Many big players including FIIs will apply for long term view.

Many RIIs who don't understand business will resist themselves to apply with fullforce.
In reality there are people who like to use CC????, at other side there are people who are still thinking credit card means problems ????

This is the one of the best business of SBI where they are doing best than other private players , only exception is HDFC ????,.

Hello Aniket, thanks for the info
One more help, any buy range for polycab? Its 955 now

As per me, Both Polycab and KEI can be bought for medium to long term.
Thanks.

@Aniletiaf,
Do you track Vindhya tele links??, If yes, then pls share your views.... TIA

Vindhya tele links- a good profit making company where about 30% upside should must be there within 06 months.
Thanks.

As Vindhya tele has rallied about 25% in last one month, so a new investor should wait for a small correction.
Thanks.

3705.2. Aniketiaf Dec 19, 2019 17:33
SBI Cards and Payment Services Ltd IPO

As per me, Both Polycab and KEI can be bought for medium to long term.
Thanks.


Superb Call Indeed

Added 50 qty each of Polycab and KEI after the recommendation of two most liked IPO Guru - Aniketiaf and Eagleye.

Bad luck, I missed the train again, couldn't buy on time

UTI AMC has already filed DRHP last week. Can u pl. tell me the parent company of UTI AMC to buy the same, to apply under the SHAREHOLDER quota(if it is there)?

@bcskal ,

SBI , BOB , LIC , PNB are the owners , But I dont think they will reserve any shares for shareholders in UTI AMC.
If it is a single company they would have done ,since its a consortium I dont think so , but let see whats there in DRHP.

Thanks Mr.Siva Mallam for your kind reply. With best regards.

@ Aniketiaf sir,
Both Polycab and KEI are rocking.

Res aniketiaf sir
By reading your post and conversation I also brought 60 polycab @1100
Thank u sir
Pl suggest target if any..
I do not know u but thanks again
Varu

@vaaru, the call was 1 month old, why did you take position when its already up?

Respected
Roxpatel, u are right , but still I think it will go up. If u have any target & time period pl say me. Generally I take for medium to long term.
Thank for your reply.

@Aniketiaf ji, I would be grateful if you share your views on "Total transports Ltd." (SME), I'm holding at 46 since more than a year.

@Aniketiaf sir please what view about USFB ? near 50 can add some quantity ?

@vaaru, its 1019 now, that's what I wanted to explain, WAIT FOR CORRECTION TO ENTER BUY POSITION

@Roxpatel,@veeru and others
Polycab is a good stock
But the problem is it had up move from 650 to 1100 in couple of months (so fast!?!!)
Why?
Fundamentals were good @550 also but sentiments of market particularly mid-cap,small cap not supported and now situation changed completely.
Look at some stocks in last 2-3 months?!?
Amber 850 to 1350
Dixon 2700 to 4250
Polycab 650 to 1100
Info edge,india mart,affle ...
Long list

That is the magic of market

One thing to keep in mind
When stock crossed up or down
80-100%, business ,income ,p/e
Should double or half

But it's not the case!!
Strange?
Mid,small cap beaten down in 18-19 , now it seems like reverse position

My point is entry level(agree with roxpatel)
Choose the stock which you believe to make profit.see fundamentals ,p/e, other external factors like budget,RBI policy and choose right levels to enter.

Also I find often that before results stocks rise in anticipation and after results it comes down although good results..
It happened many times

These are my observations
Apply ur mind before investment

Respected harit sir
Wow very good
Thanks for good comments

DOWNEY,
I am holding 1000 ujjivan small bank from ipo allotted shares. Fully confident of good profit to medium to long term.
Can be added more near 50.
Thanks.

techuser,

Not tracking Total transport. Can't comment.
Thanks.

I believe it is most Important for everyone - to understand these calculations

yes mam indeed, then only we can decide approach to apply under SH category.

If we follow standard operating procedure,15L sh (till 30 sep)
And 5L odd lots available in this category,i assume if 10L apply
Then 2x application vise
Now 1 full lot given as lottery basis so every second applicants should have 1 successful allotment,
Proportionate allotments out of equation
Thus not wise to apply more than 1 lot in sh quota application (max 2-3 )
I don't think in any situation
That 1 person will get multiple lot in 12-13 lots application any other will kept empty hand
So in oversubscribed situation
There will be minimum lot and too with lottery

This is my view,others are invited to join the discussion
Thanks

Resp @eagleye
Why this time intrest calculation with a rate of 10%? Why not 7% same like before??

Funds also unblock on day 6 after closure of the bidding....!! You cailc 7 days

All GMP depend on price band.

Gret mkt active so early.

If price band declare high and gmp going to low

Then no means of
Mkt eastimate of subscription

@Eagleye

Doesn't RII forms at 30.00L seems a big stretch ?. Even HDFC AMC ipo's total RII application count was 23L.

आज की परिस्थितियों मे सम्भव है क्योंकि लगभग 16 लाख शेयर होल्डर (30 सित.2019) और लगभग 5 लाख बढ जाएगें।यदि 60% भी भरे तो 12लाख से अधिक शेयर होल्डर की एप्लीकेशन हो सकती है। इस हिसाब से यदि शेयर होल्डर को अनुपातिक आधार पर शेयर मिले, तो सबको नही मिलेगें। अतः वह सब भी RII मे अप्लाई करेगें ।

I cancready to help for calculating sh quota

madam,
going through the allotment process of HDFC AMC and USFB shareholder quota, one lot was allotedto each shareholder and thereafter on proportionate basis for every extra lot application. in the latest USFB SH quota. it was 400 for every one and then after 17 shares per extra lot

Madam,as per my rough calculation based on usfb sh quota wherein out of total 77lac public shareholders 44lacs applied.in sbi out of 15 lac public shareholders about8.5lacmay apply.thus app.wise about 20 cr.shares demand may be there if each sh applies for minimum lot of 24 shares.

Bharat bhai 28 is Saturday. And first let the DRHP get approved from SEBI. No chance this month.

Yes I agreed But in this platform The date is given 20-12-2019 which is untrue

Your date is also untrue...

I agree. 21st day from DRHP date is RHP date. SBI ipo draft date 2-12-2019

Not a 2/12/19
It's already filled on 27th November