Looking at current FALLING & VOLATILE market and fear of COVID WAVES across the globe this IPO is a clear "AVOID".It will list flat or in discount. Investors can consider investing in this stock ONLY AFTER COVID IS UNDER CONTROL ACROSS TE GLOBE
Companies backed by Mr Jhunjhunwala rarely give profit to its investors in IPOs. And this company is badly affected by higher claims in corona period. It serious doubt on its listing gain.
72.1. Jetha Lal| Link| Bookmark|
November 24, 2021 3:38:54 PM
IPO Guru (1000+ Posts, 2100+ Likes)
I think you forgot Nazara technologies 😁
72.2. Jetha Lal| Link| Bookmark|
November 24, 2021 4:02:59 PM
IPO Guru (1000+ Posts, 2100+ Likes)
There is one exception: Nazara Technologies:)
72.3. K.Atar| Link| Bookmark|
November 24, 2021 4:07:26 PM
IPO Guru (1000+ Posts, 700+ Likes)
Similar sentiments echoed : https://www.bhaskar.com/business/news/star-health-ipo-rakesh-jhunjhunwala-will-earn-6-times-profit-in-32-months-129149408.html
72.4. Black Swan| Link| Bookmark|
November 24, 2021 4:21:35 PM
Top Contributor (300+ Posts, 400+ Likes)
Covid ka naya variant aayega aur insurance walo ko aur dubayega...abhi ke market condition me ye pakka discount khulega.. lekin naye retailers aur QIB milkar fir bhi oversubscribed kar denge isko.
Declaration of Tega date lines will surely effect Star health''s health. Let''s see what new game they play. Because RJ can easily manipulate experts sitting at TV & Media channels and broking houses. So everyone just need to be careful and study details properly.Now question is Star will shine like Nazara or doom like Paytm or Cartrade🤔🤔
66. KING VINOD| Link| Bookmark|
November 24, 2021 7:47:33 PM
IPO Guru (2400+ Posts, 5300+ Likes)
Tega Industries Limited IPO Issue Date : 1-Dec to 3-Dec, 2021 OFS : 13,669,478 Shares Retail : 35% FV : Rs 10
66.1. K.Atar| Link| Bookmark|
November 25, 2021 8:09:47 AM
IPO Guru (1000+ Posts, 700+ Likes)
@admin chittorgarh, Since news of Tega Ind. IPO is confirm, please consider updating main board ipo list and opening new page for TEGA Ind. IPO, people benefit a lot from the opinion of learned members. 🙏
66.2. krupa| Link| Bookmark|
November 25, 2021 8:42:16 AM
(800+ Posts, 500+ Likes)
Retail 35% Means profit making company from last 3yrs Good
RJ Should now launch IPO of RARE ENTERPRISES on line with Warren Buffet''s Berkshire Hathaway otherwise what is meaning of calling him Warren Buffet of INDIA😉. That will solve issue of small investors running behind many companies, just buy share of RARE ENT and relax.
63.1. ColdBurger| Link| Bookmark|
November 25, 2021 10:49:28 AM
IPO Mentor (1300+ Posts, 400+ Likes)
RJ''s cost per share is 156.28/- each share and he is going to get 5x return. #valueinvestor 😊
63.2. K.Atar| Link| Bookmark|
November 25, 2021 6:43:51 PM
IPO Guru (1000+ Posts, 700+ Likes)