112. Kiaan| Link| Bookmark|
December 20, 2021 12:11:58 PM
Top Contributor (500+ Posts, 200+ Likes)
I feel, mostly self funded Hni applications are likely whereas , applications with borrowed funds will be minimal.
111. sbipo| Link| Bookmark|
December 19, 2021 9:02:01 AM
Top Contributor (400+ Posts, 100+ Likes)
@lokes,@nurool,@sdz,@MOG,@M.K. and other HNI experts, GM looks very tensed and consequently many funded HNIs will skip funding in Supriya,that''s why gmp almost halved,pleasr suggest what action to be taken here tomorrow, One mire thing I have noticed,these new members are behaving as if they are market experts and analysing ipo also and spreading propaganda,I don''t know whether they have any vested interest or not or they are backing any party,b''coz we know whenever every tom,dick and harry become market experts and chaiwala,paanwala,rikshawala advice stock markets and cteates euphoria,markets(secondary and primary) tank. So is it the time for caution and we have to be extra careful? Thanks
@sbipo. I will apply in supriya FF irrespective of market condition.. and hni subscription will not b that much now.. may b near around 250x.. And that rategain debacle put all the Gmp in Icu.. I was doing good through out d year in avoiding dangerous.. as i didn''t participate in any loss making ipo except car trade.. i m very selective n don''t bet if i hve any doubt.. but this time even i made mistake and occured loss in Rategain. No one can deny d fact that Rategain has one of impressive anchor book.. dats where I slip, and that negative market sentiment add fuel to fire otherwise not a -20% listing story anyday.. Good thing is that i just applied 100 lot.. becaz of few red signals.. Anyways practical thing is that no matter how smart n how cautious one can b. U gonna burn your fingers ones or twice in a year.. No one is pro here. We should took it as a lesson for future and losses as a tuition fee. And most important thing such disasters r main reason that keeping 95% of Indians away from stock market or ipo.. so thats a postive thing for us. Otherwise retail would b over 100x in every ipo. I also noticed those new members abnormal activities.. it looks like they had come with some agenda or influence the investors. Actually a typical/genuine new member ask a lot of silly question n feel shy while writing messages.. but this new members r writing long essay on fundamentals n analysis d situation like anything.. its raises d eyebrows of many and its suspicious no doubt. The best thing we could do here is just ignore them, don''t get influenced by those biased messages. And atlast i want to say as I read in some other thread your ipo book of this year is in loss.. don''t b dishearten n loose hope.. your bad patch will over with this year.. It happened with me too n I covered all the losses, in short The show must go On...
111.2. Gujju IPO| Link| Bookmark|
December 19, 2021 12:01:24 PM
Top Contributor (400+ Posts, 200+ Likes)
@Noorul Sir Nicely explain and also learn from your experience. Thanks
Don''t be so harsh on the new comers . I have not seen any objectionable behaviour on the part of the new members except in the case of rategain ipo where a number of such members were introduced for some definite purpose. A new member in this forum may not necessarily mean a new one in the stock market. So they are making some review /post in this forum which may be altogether wrong but we should not dishearten them as much as some of them may be big gun in future. The wise thing is to tolerate/ignore or putting a point so that they may further study in the matter and rectify themselves. We should always encourage everybody doing something until something otherwise transpries.
Actually the word ''Expert'' does not hold good in the parlance of stock market. Experience often gives forth good fruit. Thank you
111.4. sbipo| Link| Bookmark|
December 19, 2021 1:23:22 PM
Top Contributor (400+ Posts, 100+ Likes)
@nurool, At first thank u very much for explaining nicely and giving me hope and courage and instilling confidence in me. But I''m a bit surprised to know that u had also applied in RTT,I thought u skipped it. U have rightly said no matter how adroit and smart u can be,sometimes and someday u gonna slip somehow. Lastly,yeah u r right,the show must go on Thanks
111.5. sbipo| Link| Bookmark|
December 19, 2021 1:38:36 PM
Top Contributor (400+ Posts, 100+ Likes)
@Asoke Sarkar, Be vigilant in the market, u have to understand the hidden agenda going on here,have u ever asked yourself why RTT was targetted by new investor,look once I also was new investor,but I used to listen others experts,when new investors would become big gun,then we would llisten them,first let them prove that they r future hero,here already lots of ipo gurus r here so no need of new investors,they can express their feelings regarding any ipo but they should not make any propaganda purposefully out of it,they should keep their prudence with themselves,yes if any genuine new comers want any suggestions about any ipo,he/she can ask the ipo gurus or even top contributers here. Bangali babu,suno sabki,karo apne manki
111.6. lokes| Link| Bookmark|
December 19, 2021 6:25:48 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@sbipo: i have already applied here and informed in this post: https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1197&c=483802&ap=0 And in rategain, if you see hni thread, noorul took the front entry to lead the hni members applications to apply since his bank allows upto 2pm only and his application gave us also courage to apply ;) :) and after that many other hni applied. But its ok as he explained, things happens like this sometimes. And regarding "new members" post etc, i think no issues, let everyone provide their views, deciding is upto in individual''s hand, everyone can go through all views here and then can decide finally what to do as per his own opinion. your point may also be right but all new members to chittorgarh may not be new to market actually...i joined chittorgarh in 2017 but i am in market from 10 years and i was initially in observing mode in this site till last year and my first HNI application was in SBI cards :) which had blunder in listing due to 2020 market crash but i did hold and sold this year with around 25-30% gains.
Try to do your own due diligence and do not go by opinion of others, it´s your own hard earned money. Weak financials, covid hit travel industry, weak markets and current omicron panic all contributed to Rategain poor listing
Dear friends, It''s really surprising how desperate some people are with fall in GMP. All new comers young or old irrespective of their age please note one point. The only safe way to go into IPO''S if your capacity to learn and study the fundamentals and only way to make benefits from IPO is your patience to hold. If you buy them on borrowed money or the money which you need to run your kitchen in late half of month or pay the school fee of your child you are prone to greater risk of loosing money. Remember the TCS, ITC, RIL, Unilever or Infy or even any blue Chip like HDFC Bank or Maruti they were alloted at par of FV 10/ and were traded at or around same for many months or years. And I know many who sold Infy in grey market @100 but later had to buy @140 to make delivery. So if you want to stay profitable apply fundamentally strong shares avoid speculative counters. Even rate goes down you will get it recovered soon. Next point no one should mind others comments because you canfind hundreds of ayou tube videos advocating some worthless share on bases of some fictitious news. So if those operators are active here as New or old member neither you can stop them nor object till Chittorgarh find their posts ovjectionbable So better ignore them use info just a mean to explore it further. Don''t depend on it Markets are down but will rebound sooner or later. India''s journey to 5 Trillion Economy will continue for index will surely touch 25K.
111.9. K.Atar| Link| Bookmark|
December 19, 2021 8:47:53 PM
IPO Guru (1000+ Posts, 700+ Likes)
No offense to all the Gurus and Seniors of the forum, but it is very unfortunate and disheartening to see that some of the forum seniors hold new junior members responsible for GMP/GM decline, their actions seems to be triggered by RTT debacle. However they fail to see that recent market correction are due to (i) emergence of new corona strain - OMICRON (that led many seasoned investors to pull out money from the market as a safety measure - in these times market goes into correction and wealth erodes, (ii) US Fed Policy decision and (iii) FPIs pulling out Rs 17,696 crore from Indian markets in December month - so far.
But it''s good to see that some forum members are speaking out against such ignorance.
Please, ignore the views of others if you find it out of context but don''t stifle the discussion.
With malice towards none, I respect you all and wish you the best in your life.
Regards
111.10. Jetha Lal| Link| Bookmark|
December 19, 2021 9:40:15 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Chill guys Biggest guru/mentor in this market is market. I have seen many experienced gurus going bankrupt in this market. Irrespective of your experience and portfolio size your ego should not reach your head. Dear HNIs Mentor/Guru we literally learn a lot things from you especially Aniket sir, M Ravi sir, Lokes ji and many others but I have seen some HNI also literally understood themselves Guru( it''s just a tag over this forum) and don''t take it to your head.
Market is continuous learning place and we will keep on learning from our mistakes and earn profit. Be humble and kind towards other members too.
Thank you 🙏
111.11. 🔥 MOG 🔥| Link| Bookmark|
December 20, 2021 10:05:50 AM
Top Contributor (400+ Posts, 200+ Likes)
@sbipo Since all of us are talking about rategain, shriram, I had clearly stated that i would avoid these issues along with reasons. I have already burnt my hands in Cartrade , so i have become a bit more reserved, thorough, and practical in my approach in evaluating companies based on fundamentals. But even after this, no one can be correct every time and you are bound to burn your hands a few times every year. As for Supriya, i am going to apply irrespective of listing gain because i have long term outlook. You can refer to my post which i had posted a few days back in which i tried to analyze the company - https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1197&c=482464&ap=0
And I''m no expert....I''m just a newbie trying to learn.😊
111.12. Aaashish| Link| Bookmark|
December 20, 2021 12:09:00 PM
Top Contributor (200+ Posts, 100+ Likes)
hey guys
great discussion. for newcomers, my advice would be to not blindly follow GMP and other''s opinions, GMP can erode very quickly.
stay away from overhyped IPO''s, and apply in fundamentally sound companies( even if they fall( due to adverse conditions), they will bounce back.
Note : in the past 4 years, I have applied in 100''s of IPO and suffered loss in 3( GIC(first investment, was a novice then and just blindly applied), SBI cards( covid happened), Paytm( I believe in its potential. Though, I had a strong feeling that it might list at discount, I applied 1 lot( instead of usual 3) because I believe in its story and I will invest more in this going forward if it stays around 1200 for few more das.
Keep minting and don''t get disheartened guys.
Disclaimer : I am no expert and donot apply in HNI because i donot have that kind of funds yet and i donot like leveraging out so much for a gain of few thousand rupees( Risk/reward is simply not favorable for me)
Market fall is due to covid concern and as usual sell off by FII. Buy from secondary market and apply for this IPO as well.... easily 80% tak listing gains milega....
109.1. jigi| Link| Bookmark|
December 20, 2021 11:26:48 AM
Top Contributor (400+ Posts, 100+ Likes)
When ipo market become half your hard earned money in 15 days .....???
107. Crow| Link| Bookmark|
December 20, 2021 10:32:07 AM
IPO Mentor (700+ Posts, 900+ Likes)
The Crow Verdict: The API business is an auxiliary pharma business. Its clients are pharma companies like Mankind that produce the final stuff that we all consume to get rid of ailments. Think Sona Comstar or Minda Industries for Maruti Suzuki and Tata Motors. I know nothing about the API industry, which is why except Pfizer, I don''t have any money on pharma companies in my PF. So this verdict is purely based on superficial analysis. As I read the RHP and its analyses, I see that Supriya Lifescience is a leader in some of the 38 APIs that it produces. This itself is a positive shoot for me, again, superficially.
A strong financial track record, small IPO (although with only 28% fresh issue), impressive valuation at P/E of ~16 (compared to the sector median P/E of 26), and overall pharma sector fancy gives me "placebo" vibes about this company. It''s like I feel recovered from an ailment that I didn''t even have.
However, the negatives exist too: API business is heavily regulated and Supriya is a small fish (it''s annual profit stood at only 100+ crore in FY21) compared to Divi''s and Aarti. I feel Supriya is a company that may not be so influential in a sector where pharma lobby means a lot. GMP has plunged from the highs of 320 to 180 today (thanks to the bloodbath in the secondary market). promoter holding will be down from 100% to 68% - a bit steep.
Spooky market today (thanks to Omicron) may oh well spook retailers. But I feel with the 10% retail allocation, this is a safe bet that could become a future Divi''s. But, hey, discount listing cannot be not expected. Think GLS and how market may behave next week. Allocation will be very tough. Perhaps 1 in ~45.
Ironically, considering the business, the GMP may disappear by the time Supriya lists due to the ongoing Omicron attack (also considering that Supriya depends majorly on exports and Omicron has devastated other countries more than India as of now) so listing pop may not exist. But this is a good company with a decent IPO. Apply for short-term to long-term. If you only invest for listing gains, apply via UPI and accept only if you see QIB and Total subscription beyond 30x. Then again, don''t crow back at me if it lists the other way. Shriram Properties was supposed to list at -10% discount but the red market added -13% more.
Thank you @CROW, for your honest review and good analysis. Also thanks for your suggestion
107.3. R R Patel| Link| Bookmark|
December 20, 2021 10:49:37 AM
IPO Mentor (800+ Posts, 3400+ Likes)
Me too applying. Everything is fine in this, the only concern is current market sentiment. Second thing is tough allotment chances as 30X app. wise already may be 40X by end of day.
Suggest not to apply (till the clarity emerges) in any IPO unless you are ready to hold the stock for indefinite period. The worldwide changes happening in Financial markets which can tilt the market in any directions (so far only downwards) leading to significant losses to equity investors.
Speculate or not is your decision but suggest to keep your overall leverage to a comfortable limit where your day to day expenses are well taken care of.
104. Rajesh s.| Link| Bookmark|
December 20, 2021 7:56:45 AM
IPO Mentor (500+ Posts, 600+ Likes)
Mendate not accepted yet.. Confused to accept or decline?
22 pe 1 already he... kal 45 per 1 ko cross kar lega... lagega bhi nahi aur lage to 1 lagega.. darr kiss bat ka !!! retail walo bharo bindas... lagega hi nahi..
Dear All, Enjoy your IPO investment journey and do not stop learning on your own. It is absolutely fine when the chips are down and you get the following feeling in the beginning of your journey......
Suraj Hua Maddham Chaand Jalne Laga Aasmaan Yeh Haai Kyoon Pighalne Laga
Sir , If i apply for IPO from my father''s demat account but the bank account to which demat is linked is joint account . Does it affect my allotment or Violate any rules
@ sbipo sir, I am surprised to see you out speaking while you should be ashamed of speaking ill of the '' new members ''. New members are free to express their view and feelings without any approval by any Guru or chela. Any individual can take it whatever way he likes but within the established norms and decency.
As in the case of Rategain, we have seen an endeavour by a group of new members to hijack the episode but eventually foiled by the vigilant members, so in many cases we have seen an endeavour to make this forum a ''GURU SISHYA SAMACHAR'' and the present one of yours is an example of it.
Guru mele lakhe lakhe sishya mela bhar (Gurus are available in lacs but it is difficult to get a true disciple) Your guru is fortunate enough to get a disciple like you. Subhe se raat tak hi/hello/kitna lot /kitna paisa/lot break up korte jaiye , aap bhi kuchhi din ke bhitor bhitor Ipo Guru ban jayange. Fhilhal '' New members'' ko krupa kijiye. Thanks
98.1. sbipo| Link| Bookmark|
December 19, 2021 7:41:13 PM
Top Contributor (400+ Posts, 100+ Likes)
@Asoke Sarkar, Look man,here in this forum,I know that it''s very easy to become ipo Gurus,u dont have to tell me how to become guru here by doing hi/hello/lot bla bla bla. This is open forum,anybody can express his feelings,I wanted to make u understand that many experienced guys are available here who can answer ur. querie if any regarding any ipo,no new member needs to hijack the episode and convince others to apply or not giving biased views. And mind it,here I don''t wanna be anybody''s Chela,neither I consider anyone to be my Guru here,I only think some people here more prudent and cognizant than me and try to consult with them. Rather,I have noticed u several times giving your unwanted opinions to somebody else here as if u intend to be some Guru in future,already u r top contributer here. Main kyaa kripaa kar sakta hoon bhai new members par,ihaan to soch samajh kar dimaag lagake kaam karna padta hain,main bhi karne ki koshis karta hoon,but I don''t wanna new members to have some secret agenda here for greater benefit of others or convince most of the members to have biased views regarding any ipo,they can exoress their views only,BTW tumhe itna lagao kyon hain new members se,they themselves would become top contributor one day here and learn everything gradually.
97. ipobull| Link| Bookmark|
December 19, 2021 6:52:45 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Issue seems responsible for application. I am planning to apply 7 applications as retail and 3 applications as HNI. HNI applications will be done tomarow after 3 PM considering the oversubscription in hni catagury.
Considering the FY21 adjusted EPS of Rs 15.39 on a post-issue basis, the company is going to list at a P/E of 17.81x with a market cap of Rs 2,205.2 crore,
while its peers, namely Divis Laboratories Ltd and Aarti Drugs are trading at a P/E of 56.3x and 25.5x.
93. sahab| Link| Bookmark|
December 19, 2021 12:19:21 PM
IPO Guru (1000+ Posts, 500+ Likes)
100% avoid. market condition is not good. SBI card is also good and good gmp. but market condition is key factor not GMP.