Sona BLW Precision Forgings Limited IPO Message Board (Page 6)

Sabko mila hain...only QIB mein sabko nahi mila hoga as per demand...so looks good for listing...may get list around the ipo price or may be 2% higher

Got full allotment as expected,but not so optimistic about positive listing. I do have other auto accessories comapies, this joins the list for long term.

there will be listing gains on 24th for sure...markets will go up coz of reliance agm ....

As the demand will be more than supply. QIBs like FII, MF, Insurance companies are waiting to accumulate the stock bcoz RII and NII supply (only 450 cr and amomg these only few might sell) will be more than compensated by buying by QIBs. It is a ESG company and the past performance is just a trailer and future looks awesome. It’s EV business has grown from 25 cr to 240 cr in just 2 yrs. It might behave like Gland pharma on listing. Subscription was also similar and amount raised from IPO is also similar like 1000 cr less for Sona.

@arunji, Click on below link and read waht management wants to say,

Steel is a primary raw material in the driveline business; passed on 100% increase in raw material cost to customers

In case of the motor segment, copper is the biggest raw material, followed by steel and aluminium. The increase in the copper raw material cost has been passed through; absorbed rise in steel, aluminium cost

At present, driveline business running at 75-80% capacity, the motor business at 50% capacity
R&D spent based on needs; cost averaged 3.3 ..

Read more at:
https://economictimes.indiatimes.com/markets/ipos/fpos/sona-blw-ipo-what-does-the-management-say-grey-market-premium-more/articleshow/83377502.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Got 6/6.
Satisfied.

got 4/4

Don''t expect any Listing gain. But definitely this STOCK has potential to grow in next 1-3 years. Think in terms of long term holding. Definitely good Stock, little over valued

RII AND HNI
both firm allotment

Allocated all 4/4 applications. I have no interest for selling on Listing day. I have subscribed for Long Term and will hold at least 1 year thru 2-3 accounts

Expectation is Discount listing may be up to 5%, on bad day. If so, will purchase 1-2 more lots.

Check your Allocation :
https://ris.kfintech.com/ipostatus/

Third party ASBA getting alloted in SBI ASBA, to check this i have applied to sona comstar

1/1 ..pakka discount listing hone wali hai.. 😑

GMP?

Got 2/2 allotments.

OUT
1/1 got

Got 2/2 will sell 1 lot if any listing gain will be there and keep 1 lotfor long term. Or will holdboth for long term

I got Debited for Canara Securities from my account. I believe market is moving positive and as I told earlier around 9 Crore subscription by MF will make this listing on positive. All the best who got the allotment.....

Seems like debit msg are coming to those who had applied through Asba ..

Anyone got debit msg who had applied through upi ??

check on kprism app, its already out

@spock..2/2
Third party upi worked in this ipo

Kprism have Sona IPO allotment download and get check.

Allotment Out
FOUR out of FOUR (4/4)

Anyone got SBI ASBA debit message I applied for 2 lot from different pan cards. I didn''t received any massage

still waiting.....

check on kprism app, its already out

Allotment status available at Kfintech site

Allotment is out now guys..

Got 2/2
Third party upi allotment works in this ipo