Have applied through IIFL for 1 lot from ledger balance. it showed order placed successfully, but not able to find application number for my order. Have any idea how to check ?
Though I didn''t applied in snowman IPO as I knew that on a day before last day whatever retail subscription is, the final figures are 3 times ie.40 times. Now as this IPO generated the decades highest subscription, its going to give massive returns. Also one can buy the parent company gateway distriparks now @ Rs.265 so that by time snowman lists around 11 September, even Gateway will appreciate @ can give good returns. That''s why rather investing 200000 in Snowman & no guarranty of allotment, invest in gateway till snowman list, then buy snowman on listing day & sell for good gain.
73. SONMAYA| Link| Bookmark|
August 28, 2014 7:41:54 PM
IPO Guru (1300+ Posts, 500+ Likes)
just went through ........ investo bharat...........in which regarding wonderla ipo rohit singh has predicted 105% rise at the time of ipo....
Sharda Cropchem Limited formerly known as Sharda Worldwide recently filed its papers with market regulator SEBI for its maiden IPO. While I have the DRHP (Draft Red herring prospectus) containing the company’s financial data, in this article, I would try and work out the likely price bankers may come up for the IPO. The Pricing Game If estimating cash flows, growth, and risk are the key parameters to think about in a traditional DCF valuation, in pricing a stock, we have to rely on a completely different of tools. The first thing to look at is the current price, I know it sounds counter intuitive but if you think about it, pricing is all about accepting what the market believes is the stock’s fair price, which is a function of demand and supply. With actively traded companies, the task is somewhat simple, as you can 7760*2) INR 15,520 million which translates to ~ Rs 170 on per share basis. I want to put a small caveat for all the readers who will base their investment decisions based on the above numbers. While the company is almost a decade old, it is still in a phase of subtle but consistent growth and it is possible that the current numbers may not be truly representative of the company’s future financial position. You might try and forefor e.g. An analysis of tech companies reveals to the investors that TCS is underpriced as compared to its peers in the tech industry. While the investor may be right, but if the entire industry is overpriced as a whole and a subsequent correction drops the market altogether, the investor will still end up on the losing side.) With Sharda coming up with its IPO, I think, a thorough intrinsic valuation of the company based on its fundamentals will not only give a better picture on whether or not you should invest in the company, it will also give you a plank to hold on to, a factor missed by the pricers. In my next article, I will try to come up with an intrinsic value of the company to help the readers take a more informed decision, and perhaps debate on the assumptions I will base my valuations on.
Mr a.k.jain, the least you could do is to acknowledge the good work done by Mr Rohit singh @ investobharat.com.
Do not cut and paste some one''s hard work and try to get credit for it.
You would have heard of the story where a donkey by putting on a tiger''s hide started thinking that it was also a tiger.But when it started braying, its true colors came up and got thrashed.
So be yourself. Or if you have to share a good article of interest to everyone, do cut and paste, but acknowledge the source.
Not only the original author will be appreciated but you also, as you brought it to the notice of many more...
snowman ipo is definitely very good but allotment is very very hard for retail inverters. This ipo may be 35 to 40+ times subscribe in retail portion. so only lucky investers got allotment. and premium was Rs.30/35 in listing day.
Link Intime India Private Ltd, Registrar to Snowman Logistics have excellent track record of finalising/announcing allotment of IPOs with 8 days. I expect they may anounce around 1st or 2nd September. Hope our accounts will be credited by 5th Sept. for Sharada IPO.