- Sona BLW IPO: - Huge ipo, almost 5500 crore. - Yearly revenue is only around 1000 crore, assets is only around 2000 crore. - IPO size is very very big compared to current business revenue and assets. - Looks like promoters and PE investors are exiting. Try to take benefit of high market valuations. - Looks like promoters and PE investors don''t have much trust in company and they are exiting at high valuations. - How can I as a small investor trust this company?
If someone is apply then I have to apply. Very strange concept according to me. I am a long term investor. I will look listing and few quarter results to change my decision. At present not applying.
122. Dr.strange| Link| Bookmark|
June 12, 2021 5:14:05 PM
Top Contributor (200+ Posts, 100+ Likes)
One general question..240 crore rs shares were allocated in anchor investors..so , that 240 crore is from issue size or is it seperate allocation ?
If ,it is from issue size then we are left with only 669 crore issue size
116. abc xyz| Link| Bookmark|
June 10, 2021 11:53:22 PM
IPO Guru (1400+ Posts, 1400+ Likes)
IPO street warms up; SEBI approves *Glenmark Life Sciences, Utkarsh Small Finance Bank public issues* Capital market regulator SEBI has approved the initial public offerings (IPO) of Glenmark Life Sciences and Utkarsh Small Finance Bank, warming up the IPO street that has seen little action so far this financial year.
see how BHEL will fall on monday due too poor Q4 results, don''t give tips for your own benefit. Lot of new retail trades will loose money because of your speculative tips. If you are sure about price movement then you keep invested and don''t post on public forums to gather some more inflow of funds.
115. Eagleye| Link| Bookmark|
June 10, 2021 7:57:12 PM
IPO Guru (6600+ Posts, 22000+ Likes)
... Multiple IPOs on same dates:
A) Shyam Metalics & Energy & Sona BLW Precision Forgings
B) Dodla Dairy & Krishna Institute of Medical Sciences
114. Faizan| Link| Bookmark|
June 11, 2021 7:29:09 PM
Top Contributor (200+ Posts, 200+ Likes)
Market closed and now its 6pm but motilal oswal website still down. All client should be furious now. Never heard any broker site down for so long. On twitter handle that its power outage issue. Seriously? You are not even prepared for power outage. And which power outage make site down for 9 hours. SEBI should interfere, and big clients should sue motilal oswal. Thankfully, I dont have account in motilal oswal. Just imagine if it was last day of an IPO and someone want to apply and not able to do so. All user having only one account wont be able to apply.
today even groww website was facing some technical issues, due to which i had to suffer. had bought 500 kerala ayurveda at 56. within the ist 1/2 hour it jumped past 66. i was getting desperate to book profit but could not do so, . tried calling them but got no response. and finally by the time when the issue was resoved the share was down to 61 , . i think sebi should penalize the brokers who cant provide a smooth trading platform to their customers
Only retailers suffer for any technical glitches from brokers side. Big Clients keep multiple accounts and sufficient fund to take reverse position from other broker
1. Strong clientele and robust distribution network 2. Healthy financial performance and credit ratings 3. SMEL has consistently outperformed its peers in terms of profitability 4. Company is also in the process of increasing the capacities of existing manufacturing plants and captive power plants 5. Company have eight captive power plants that utilise non-fossil fuels
Strength: Integrated operations across the steel value chain Strategically located manufacturing plants supported by robust infrastructure resulting in cost and time efficiencies Diversified product mix with strong focus on value added products Strong financial performance and credit ratings
As today I enquired in Ahmedabad mercantile coop bank about of blocking of funds in IPO as ASBA bank by receiving physical application they said that the old system is in place and still it is continuing as no orders are there to discontinue the old systems .
106.1. Jainvipul| Link| Bookmark|
June 11, 2021 12:19:34 AM
Top Contributor (400+ Posts, 300+ Likes)