Stove Kraft Limited IPO Message Board (Page 7)

Thank you very much for your kind update, Aniket ji.

@Aniketiaf sir,
Please update what do for NALCO buyback??? I have 500 shares at 43.80.

Record date is 08/02/2021 please.

JIgar A ,
Hold and tender in buyback.
Unaccepted shares can be hold for medium term.
Thanks.

@Aniketiaf sir,
Thanks...
can i buy more shares ? if yes what price and what target if unaccepted?

JIgar A ,
Acceptance will be more than 50%
I have added 3500 today @ 46.2
It can be added.
Thanks.

Thank u a lot aniket iaf sir...

Hi Aniket ji.
As on 31.12.2020, public shareholding upto 2 lac is 21 crore whereas Total shares reserved for Retail in Buyback 2021 is 13Crore x15% = 1.95 crore only.
Plz explain how AR =50% when ER is only 10%.
If Half of 21 crore tenders shares in buyback AR should be 20% at max it can go to 30-32%

AGGARWAL Ji,

It is based on assumption that promoters (The Govt of India) holding 51.5% equity will not participate in Buyback.
In 2018 also, Nalco was bought back it''s only 3.48% equity ( this time it''s 6.48% ) and AR was more than 50%

Thanks.

Sorry, actually this time it''s 6.98 % equity buyback.

Aniket sir stove craft apply karna chahiye ya nahi ??

Negative to list nahi hoga na ??

Surya pratap singh rajawat Ji,
In stove craft, some listing gain may be there, but for me it''s clear avoid.
Chances of negative listing is also about 50%.

Thanks.

Aniket sir in indigo paint at which price we can enter after listing

Aniket sir agar mere sabhi demat me 1-1 share Bharat rasayan ho to around 50 account h, Kya m buyback k liye eligible hu ??

surya pratap singh ji,

Not 100% sure, but chances are on higher sides if all your Demet is of different Pan.

Thanks.

VRL LOGISTICS: CO TO CONSIDER BUYBACK OF EQUITY SHARES ON FEB 6

Aniket Sir if Govt doesn''t participate in buy back will it increase acceptance ratio in general category or retail category or both?

Aniket Ji,
Individual shareholding in NALCO as per yesterday board meeting record 15.14, this may also include many HNI holding. HUF 0.72, this may also contain below 2 lac category.

Can i buy today for buyback
Which is the final date

shivani ji,
buy back ex date is 5 February, so you can buy

@Aniket Ji - Your views on NIIT Buyback? Should we enter now?

CA Akshay ji,
I had added some @ 187.
Can be considered for few quantity.
Below 180, I will add more.

Thanks.

Sir
NIIT buyback record date price and AR.please

@Aniketiaf sir,
Date of the NIIT buyback??

NIIT buyback @ 240
Record date not decided yet.
Maximum 25% AR likely.

Thanks.

Please explain what exactly a buyback mean.. Like if I buy 1000 shares of either Nalco or NIIT then will I be able to sell all 1000 on buyback? Please!

Aniketji your 3500 shares of nalco will be considered in hni category if bought in single account

@AniketIAF sir for maximum buyback acceptance of share. Which one is advisable?
1. BUYING 500 SHARES FROM ONE DMAT A/C
2. BUYING 100 FROM FIVE DMAT A/C.
PLEASE REPLY 🙏🙏🙏

NIT buyback record date please..

@Aniket Ji- Any idea about AR in GAIL?

JethaLal ji,

Buyback of share is always on proportional basic.
So, it''s always better to buy shares in one a/c in stead of multiple accounts.
But, Buy share upto 2 Lakh rupees only and review it before record date. Increase or decrease your holding so that it''s value will not cross 2 Lakh on record date , that is required for retail category eligiblity.

I hope, I am clearly conveyed.

Thanks.

@Aniketiaf
Thank you so much for prompt reply.
Yes, i understood your points.
You are gem of this forum.
Keep guiding us.
God bless you.

@Aniketiaf sir,

Please explain what exactly a buyback mean..
Like if I buy 1000 shares of either Nalco or NIIT today then will I be able to sell all 1000 on buyback? Please reply!

@vjVipul
Bro in buyback you can tender all your shares but company accepted according to others share holders shares tendered in buyback, normally 20 to 100% shares are accepted by company accordingly. Try your luck...

Please post current gmp for irfc

Please post current gmp for irfc

Added 750 between 46 to 47, I will add more if further going down.

Thanks Aniket

Government is not bale to meet set divestment target with it''s inability to divest IDBI Bank , BPCL and LIC IPO. Also many PSUs are unable to dole out high dividends. So they are resorting to buyback route. Government is fully participating in the buyback as seen in NTPC, NMDC and soon EIL. Therefore the AR was much less than earlier expected 50% in NTPC. In NMDC many investors stayed away from participating as the price of 104 was less than market price, but, government fully participated to garner the amount.

In Nalco, Government stake is 51.2% and buyback is of 6.72% of capital. Assuming all shareholders offer and accepted , government stake remain same at 51.2%. With15% reserved for small shareholders, other investors including government will be able to offer and get acceptance at lesser in proportion to the buy back of 6.72% . This will increase the government stake marginally .

So with buyback price remaining 20% higher than market price, and very purpose of this buy back to benefit divestment target, Government will fully participate. In this case AR may be around 30%.

Regardless, post buy back, balance quantity at lower holding price, Nalco is a good share to hold with metal prices and commodity stocks going up in this upcycle.

NIIT is coming in buying range. One can consider buying NIIT below 187 for buyback purpose.

@ Ou Ai
Very Exemplary briefed sir ji.
One should definitely take consideration before act.
Thanks.

@Aniketiaf

After seeing the current subscription of shares for EIL BUYBACK

I assume only for retail the total shares available is around 1.18 crores

what is the expected AR

Aniket Ji and Rafid
The total number of shares held by individuals (up to Rs 2 lakh) is 9,82,27,646 as per the figures available on BSE. if all this are bided, then only AR will come down other wise AR % will be ok. More over the bids of Zerodha will be submitted on 4 Feb, that also to be considered in calculation.

Dear Ganesh Sir

As per info available on NSE the total shares available is 6 crores plus, where as now the total bids made by individual investor is around 73 lakhs.

The link is below where you can find the details

https://www1.nseindia.com/live_market

Also does BSE have a link to which we can see how much shares were bid for the buy back

Nalco buyback record date is on 8th Feb. Thereafter , NALCO has to submit draft letter of offer , followed by final letter of offer to SEBI and get approval. Then offer opens. This will take about a months time and buy back likely to open in Feb end to March beginning.

How anyone can bid for buyback when it is not yet open?

Dear @ Ou Ai

The details mentioned in my earlier post is regarding the Engineers India buyback and not NALCO.

Ou Ai, in Nalco, Eil, Gail, government''s holding is at border near to 50%. So govt will play safe and wait till last day to see the buyback subscription to tender its shares for these buybacks..

Please read my previous explanation. In Nalco government will submit fully as they did in all previous buy backs like NTPC,NMDC, even if holding is border case like in NALCO at 51.2%. Shareholders above 2 lakh value (includes government) can submit only 85% of 6.72 % buyback. Therefore their holding marginally increases. So no need to play safe. Same with others like GAIL and EIL.

Just to inform bought 2500 Nalco at 46.80. Will add more after budget and market movement.

Ou Ai, if you see Eil buy back is open from 22 Jan, buy back tenders have come mostly from retails as of now. Govt yet to tender their shares. I am only telling they will tender their share towards last day of buyback as it''s holding % is at border near to 50%...

You have a point amit K Singh. This is true if GOI is also allowed to tender over and above their entitlement and assuming others tender for lot less. Currently as per the offer ER is 118:860 for small investors and about 93 for the other categories. So as you said near border of 50% is advantage other investors

Aniketiaf sir
I purchased MPS at 370 after your recommendation in September. Today it crossed 450. Should I book profit or hold, reply urgently sir. Thank you in advance sir

Anurup ji,

MPS CMP is 486.
More than 30% profit in 5 months should be considered as very good return.
Profit can be booked.

Thanks.

Dear Aniketiaf and other members

Can your please advise what is the approx AR for retail investor below 2 lakhs for the Engineers India buyback ???

Rafid ji,
Total 11.65 Crore shares tendered in buyback out of the buyback size of 6.99 Crore. Not even two times. In individual category 2.49 Crore share tendered. Hopefully 50% plus will be AR.
Aniket Ji, please provide your valuable suggestion on this.

ganesh jaiswal , Rafid Sahab,

EIL AR likely to cross 60%

Thanks.

Aniket ji and Ganesh Jaiswal ji, thank you very much for your kind information and views.

Engineers India final acceptance is more than 60%
As per earlier predicted line.
In Nalco also , Final AR should be around 50%

Aniket ji,
EIL AR is 63.7%, just got contract note.

Thanks

Aniketiaf sir
All your prediction towards Acceptance Ratio in Buyback becomes accurate.
Earlier you r the most deserving person for the tag of "IPO Guru", now u r deserving the Tag of "Buyback Guru" also.

Those writing are saving retailer. Agar phas gaye toh fi and HNI ki fatal Nahi padega as hardly any subscription from them. Think why subscription is too low from them .

Boss, QIB is more than 7 times now.. also please do not misguide others if you are not 100% sure.. I remember you were promoting angel broking and it listed in discount ..

Angel broking is doing very good.it has rewarded shareholder. What are you dreaming
Stovecraft ki listing day bhag jaoge tum guarantee

Amit jis bande be gland pharma ke subscription low dekhkar Kaha tha risky. Also he said not to apply burger kibg. Both give excellent returns to investor
Even angel doing well post listing. Don''t make me laugh. Everyone knows what u r and ur all wrong analysis. Amit K singh (Nov 11, 2020 11:39:27 AM)
For: Gland Pharma Limited

NII subscription is low, ipo is getting risky..

@IPOANALYSIS please share you canceled application number

Not even applied in such companies. How many have u applied .plz share and why not apply in HNI category in huge amount for urself

If you did not cancelled application then why you giving fake advice to withdrawn application.

it is okay guys.. IPOANALYSIS is just sharing his views. you are not legally bound to accept his opinion .. so chill. Thank you @ amit K Singh too.

Nileshk when did I say j have withdrawn application. Plz show proof. Are you drunk . Chittorgarh team plz check these fake I''d been created by arunarun to instigate fights. I have full rights to speak about bad fundamentals about the company . U don''t even have much views or liking. U r not even worth replying

For such like fake name with fake id you people spreading negativity here, if you didnt applying in this IPO then please did not give any ultra negative suggestions like withdrawn application in this forum.

@nileshkp Plz don''t fight guys we all are here to help each other to take right decisions, And @IPOANALYSIS Never post about asking people to withdrawing the application, It was @Regulagedda Ambica Prasad, Plz check the post history.

@MehulStkI

Check.....

136. IPOANALYSISI Like It. 7|Report Abuse|Jan 27, 2021 14:56

IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
Withdraw anyone who by mistake applied . Stock to definitely list at huge discount now. It has 300 Cr debt, was loss making and cooked financial to come and collect money, many legal cases against them. Does not even deserve 100 rs price value for such issue.


134. IPOANALYSISI Like It. |Report Abuse|Jan 28, 2021 09:26

IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
Hurry. Cancel application immediately. Secondary market mein sale hai why go for expensive primary market stock. Stovecraft have multiple criminal and civil case, loss making previous yes, cooked financial ,even after IPO debt is huge.

@MehulStkI
I AGREE THAT EVERYONE HAS RIGHT TO EXPRESS HIS VIEWS, YOU CAN DISAGREE WITH OTHERS VIEW, BUT ONE SHOULD NOT TRY TO CRITICIZE OTHERS IF YOU NOT AGREE WITH THEM, BUT @IPOANALYSIS ALWAYS TRYING TO CRITICIZE OTHERS WHO DONT AGREE WITH HIS VIEWS

@stocktrade Yes your are right, Sorry I did''t see this posts before commenting.

@stocktrade, he was making making personal comment ,(are you drunk)

NileshKP just wait as few days. Left for listing . Let''s see what happens with oversubscription of retailer. gland pharma not even got subscribed in retail and we all know the outcome. Let''s see who is correct whether fundamentals wins or fake premium.

Congratulations to all the boarders who applied and got allotment. Hope they made good profit in listing..

Thank you Amit Ji, I was lucky that I got the allotment and made good profit today 🙏

@ipoanalysis where are are you man disappear now.

I am very much here and there is nothing great on listing. Out of 20 only 1 got allotment. Listing gain is 15 pc. HNI not making profit. Market has risen a d some stocks are up so much between these 7 days. How many shares u got in allotment .

@ipoanalysis
When issue gets subscribes 1 time in application wise then best allotment is only one lot. Admit you read it wrong and close it
Don''t justify by asking question that how many shares one got on allotment

Arunarun I think it understanding of English is wrong. First admit that your analysis on Gland pharma is wrong which u asked to not subscribe and asked to buy Antony which is damp squib. You have been proved wrong multiple times. Now coming to Stovekraft market has risen so much and in bull.market it is nothing great with 15 pc return even with this subscription in retail . Even secondary market stocks are giving better return without any lottery.i hope that makes some sense to you

Ipoanalysis sir, please admit your mistakes in analysis and move on... you should have considered all these factors (secondary market, budget, etc) when you are doing analysis and giving recommendations, and asking people to withdraw their applications..

My earnest prayer to the forum members that everyone is to be tolerant and have patience. Kindly keep the decency and decorum of the forum by keeping aside your egos and personal revengeful attitudes. As the situation is creating unhealthy atmosphere, I have intervened.Kindly excuse me, if my feelings have caused any inconvenience to anyone. In fact every IPO Guru, every IPO Mentor and some others are contributing so much helpful information to the forum with their valuable knowledge and experiences. I bow down to each and every such contribution which is a kind gesture of their hard working and lust to help. We are all indebted and fortunate to have such kind hearted ones. Once again thank you all and pray to continue to help the forum.

Amitk Singh sir,plz admit your mistake that you were wrong in Gland Pharma . with confirmed allotment it is still more than 50 pc and still going up. Nothing wrong in accepting u went completely wrong in Gland
Amit K singh (Nov 11, 2020 11:39:27 AM)
For: Gland Pharma Limited

NII subscription is low, ipo is getting risky

Both Gland Pharma and Burger king rewarded both listing gain as well as continued rally. Please accept your mistake in these as nothing wrong that you want wrong multiple time and Burger king and Gland are great investment still. Rather Stovekraft is operator play but Gland and burger king are fundamentals stocks.plz don''t give wrong suggestion amit K singh (Dec 18, 2020 9:31:14 AM)
For: Burger King India Limited

Burger King is pure operator''s game. Don''t get into these these kind of stocks. Many operators are here in this forum in disguise.. be cautious..

Ipoanalysis sir, Burger King listed on 14 dec. The message I posted on 18 Dec cautioning people not to get in to burger King as its pure operator''s play. Hope you understand this basic thing...

Reg Gland pharma, I have my own ethics. I mostly avoid ESG shares. If someone give me Gland(chinese connections), ITC(tobacco), Vedanta(serious human rights violations in niyamgiri hills) ,etc... shares at 10rs, I will not purchase those. Please see my messages posted in Gland pharma for more details...

AmIt K Singh. There is a saying some people need to be given their own medicine which I did
Anyway if u think Burger King which is the biggest chain of burgers in the world and your personal thinking of Gland which is another debt free super company. Your thinking of stovecraft which Infact is nothing fundamental but pure operator play. GOd help u if u think like that as Infact it''s vice versa

AmitK Singh mark my words. In future GLand And BUrger are going to double in 1-2 years time frame whereas Stovekraft will underperform.when operator will be out of stovekraft.

Boss, people were purchasing Burger King at 200+, I was only cautioning them not to purchase from secondary market after it is listed... I never told to avoid the ipo... please read it correctly before commenting...

As said burger king will give us excellent returns. Your message came on day of listing which price was 110. I myself got shares at that price. Please go and check properly. Anyhow what is wrong with Gland which is debt free and highest growth pharma whereas what is good in Stovekraft which has huge debt and cooked financial before IPO

Ipoanalysis sir,
Burger King was listed on 14 Dec. My message cautioning people not to get into Burger King in secondary market posted on 18 Dec.

Request not no misrepresent data just for argument sake..