2344. Jainvipul| Link| Bookmark|
March 11, 2020 1:04:25 PM
Top Contributor (400+ Posts, 300+ Likes)
SBI Cards IPO: It seems nearly 7-8 lakh applications on retail side have been rejected provisionally.
We are trying to find out exactly what went wrong. Many couldn't give UPI confirmations and additional some Yes Bank account related applications also may have gotten rejected.
Most application by SBI ASBA in retail category (Amount blocked in bank) is still showing pending UPI approval. All have used internet banking ASBA, full amount blocked on the day of application. If all these will get rejected then every one will get firm allotment in retail.
I have applied for 3 Lots and amount got blocked for all three. But my online application scows 2 lots are pending.Will those applications will consider or got rejected.
What will be the GMP?
Can you suggest at what rate once can sell? Are this profitable for holding for long time?
2344.3. Medge| Link| Bookmark|
March 11, 2020 2:26:43 PM
IPO Guru (1300+ Posts, 2000+ Likes)
if 7-8 lacs of applications then it must be third party ASBA applications. UPI count can't be that much.
IN MY CASE IT IS SHOWING UPI ID:- XXXXXXXXXX@XXX UPI Confirmation Status :- SUCCESS Confirmation By Investors :- */*/**** <<:<<:<< AM Amount Confirmed :- ##### Remarks :- 100-- BLOCK REQUEST ACCEPTED BY CLIENT. PAYMENT SUCCESSFUL.
X = UPI ADDRESS * = DATE << = TIME # = AMOUNT (((((((((((PLEASE ALL CHECK Remarks)))))))))))))
PLEASE CHECK ALL AT THIS LINK :::::::::https://www.bseindia.com/investors/appli_check.aspx::::::::::
When is the allotment information available in public???
2333. sauravk| Link| Bookmark|
March 10, 2020 1:16:19 AM
Top Contributor (200+ Posts, 400+ Likes)
Such opportunities to build portfolio rarely comes. Market has corrected significantly and maybe another 5-10% left. I have done lot of analysis and shortlisted following companies for 2-4 year investment:
1) Infosys. CMP 700. Target 1050. 1 year. 2) ITI Ltd. CMP 66.50. Target 145. 2 year. 3) IDFC First Bank. CMP 33. Target 99. 3 years. 4) ITC. CMP 177. Target 345. 2 years. 5) Ujjivan small finance bank. CMP 41. Target 85. 2 years. 6) AB Capital. CMP 67.50. Target 180. 3 years. 7) Bombay Burmah. CMP 1085. Target 2500. 2 years. 8) Welspun India. CMP 34. Target 85. 2 years. 9) Jai corp. CMP 72. Target 145. 1 year. 10) GIC Re. CMP 150. Target 390. 2 years.
Make your own analysis and then invest. This is my list of extremely beaten down and low risk high return candidates. Wealth is created when we invest in such panic.
Don't recommend ITC, ITI. Those stocks will finish you. Other recommendations are not too good. Guys don't go by these recommendations at all. Check with your broker or advisor who has complete knowledge.
2333.3. ManishDwiv| Link| Bookmark|
March 10, 2020 10:11:33 AM
Top Contributor (600+ Posts, 200+ Likes)
Only INFY and Ujjivan is good..rest all are waste.
In long term stock prices will go to zero, existing businesses will go out of fashion, mature businesses will give you sub par returns. New businesses will keep moving indices higher forever. Better to invest in Sensex, Nifty, Next 50, Midcap 150 and Smallcap 250 in various combination of ratios as per your risk appetite
2333.6. Nitinoswal| Link| Bookmark|
March 10, 2020 11:35:55 AM
IPO Mentor (600+ Posts, 300+ Likes)
It's good opportunity to build healthy portfolio..
My picks from large cap..... HDFC HDFC BANK LT RELIANCE IND ITC HINDUNILEVER BAJAJAUTO DR REDDY DIVISLAB TCS. INFY AND FROM NEWLY LISTED... HDFCAMC. HDFC LIFE IRCTC@ 1000 SPANDANA DMART
2333.9. sauravk| Link| Bookmark|
March 11, 2020 2:00:06 AM
Top Contributor (200+ Posts, 400+ Likes)
Guys, I said use your own analysis too. Noone needs to blindly follow my list. Of course I am not god and cant assure that all of these will meet the given target. Maybe some will not. But even if 4-5 out of 10 stocks click, overall it will be a good return on portfolio. Can you tell me which one of these stocks has more significant downside left based on fundamentals and why. Of course if the world ends everything will be zero, but why do you think welspun india, itc, iti, abcap, idfc first bank, bbtc etc. can erode wealth further? Let's discuss each stock on its merit. Basis of targets is fundamentals, guesstimation and expectation of turn around in broader market (small and mid cap) after a gap of 2-3 years now. Targets are indicative.
My personal view is to stay with/ buy more quality stocks now HDFC, Bajaj Finance, bajaj finserve, HUL, HDFC Bank, ICICI Bank, Axis, TCS, IRCTC of course in view of growth.