Syngene International Ltd IPO Message Board (Page 11)

Hi Friends,

I am retail investor. Should I subscribe Syngene IPO? Kindly, suggest and what could be the listing price?
Thank you
Prakash

I couldnot find pfc OFS page...so posting this query here:

at what price the pfc shares are allotted to those who applied at CUTOFF price?

Thank You MARK BAB. According to the point No.4 NSE document, for the persons who bid at CUT-OFF, the rate should be at Rs 254.11 (-5%) since Rs.254.11 is the cut-off rate for the non-retailers. That means there will be no allotment for the persons who bid at CUT-OFF. Is this true?

Hi CLD,
Most of your views are true EXCEPT :

(1)There CANNOT be different Cut-off prices for Retail and Non-retail.i think this has resulted becaof typing error by FOOLISH managers to the issue that they did''''''''t differentiate between flor price and cut off terminology.
let us assume they actually mean CUT-OFF.
In that case whosoever bidded at cut -off price MUST ,remember MUST have been allotted shares at so called cut-off rate for Retail Investors.
Disclosure : I applied 6750 shares at CUT-OFF in 9 a/cs,but alloted NIL whereas IF we go by the meaning and spirit of the word CUT-OFF,it means I am ready to by at the final decided price without any strings attached.SO it is very much not intended by the FOOLISH Managers at all.
(2)Retail investors 100% without risk CAN SELL shares on 28.07.2015(T+1day)
Reason : Shares will be credited in D-mat on 29.07.15(T+2)
FOR Sales executed on 28.07.15,the Settlement takes place on 30.07.15.SINCE MOST OF THE BROKERS HAVE AUTOMATIC LIMITED POWER OF ATTORNEY.So delivery is not a problem at all.
Disclosue : I have done so in COAL INDIA OFS.

(3)You cannot say DON''''''''t BID more than floor price becaone can easily hedge the position by selling equal quantity of shares in F&O.
Moreover it is emminent now a days that at floor price in most of the cases shares will not be available at all.
Let us see that in coming months as well''''''''''''''''

YOUR VIEWS ARE SOLICITED POINTWISE ON THE ABOVE.

Thanks
CA Manu Singhal

I think this one will be oversubscribed in all categories. Do you guys think that NII has better chance than RII to do get this IPO?

If I apply/invest more 2 lacs, will I be automatically considered as NII?

Many people have recommended to invest in least lot size with multiple biding.

Guys please suggest what to do.

Since now allotment in retail based on number of application recieved , and expected 3 lac application the RETAIL may be 4 to 5 times oversubscribed on amount basis since 90%applications are for 1 lot and you stand chance for 1:4 or 5.
NII may be 50 to 100 times and allotment ova amount applied ,you stand very poor chance as your application for 2 lacs will be tiny one.
Do not apply in both RETAIL & NII as now allotments are based on IT PAN and both your application may be rejected.

apply in maximum but less than 2 lakhs then the maximum chaces to get minimum 60 or even more but risk is that if listed in discount then do not weep , be silent , thing is not bad , will give better return, if short movement, go for single lot , either this side or that side , if want to get 100 per, then think for more than 2 lakks rs royal

What is the correct Grey Market Rate per Application in Mumbai?
Like 500 or 1000?
Investors reply fast its very urgent.

grey market premium can not go that much high (500-1000)
its called kostak price in which you sell your appliction

600 rs /min appl , sunpharma advance loss making co 9500 cr market cap. syngene 175 crs profit 4500 crs market cap ... TAKE YOUR DESCISION

GMP - 36

Its not mentioned in the above link
what to do?

No idea about calculation, but GMP details can be found from the given site.

What is the grey market rate per application?

Plz confirm me the per app grey market premium of syngene

Dear Friends,

Can any one tell the total bids till 12. noon.

I have a dematA/c and i would like to know that what would be the best amount to invest. As i read in many articles the shares maybe oversubscribed to about 50%. Is it better to invest only small amount like 60 shares or should i invest more

Better chance to get allotted oversubscribed ipos to apply only one lot, as per current ipo allotment rules.

Subscribe to Syngene IPO without hesitation there will be some listing gains for sure. Yes, I feel being a CRAM company it''s asking price is a little higher but still worth subscription only for listing gains.

WHAT TO DO IN PFC OFS .. APPLY OR NOT.. APPLY (bidding) WITH WHAT RATE.... KINDLY GUIDE ME...

See my post at 1595. Bid at 254

WHAT IS KOSTAK PRICE IN RAJKOT.......

Grey MARKET Premium plz

Grey MARKET Premium plz

Source : Ipo news in chittorgarh.com

Most brokerages vote positive on
Syngene IPO
Sat, 25 Jul 2015 11:47:00 GMT
Syngene International (SIL) is all to hit the markets with its initial
public offering (IPO). The debut on
bourses is likely to be a smooth
sailing for the company with most of
the brokerages recommending
subscription to the issue.

Hey.
What you ppl. talk with such a useless reviews.
Really sygene Will be one of the toppest hit in i p o.
Becaits Income and P A T is remarkable.
and its working top most pharma companies.
Its business Will continue for years.

Friend Pls. Don.t judge by others website or anything.

Judge by knowledge and understand and with conscious.

Floor price of PFC FPO has been fixed at 254 & the retail investor is given 5 % discount
I would suggest that all retail investors should bid at 254 only so that there is safety margin. The company will have to allot shares proportionately if the no of shares bid exceed total allocation.
Remember floor price of REC FPO was fixed at 315 & some of our foolish investors had given bids as high as 335 & got allotment at that price. These investors eventually lost substantial investment since REC is now available at 285

SAIL os one more bad OFS pricing . Now being quoted 58/- almost 30% down from OFS issue price . so be careful in OFS issue of PFC .

HI CLD PLS LET ME KNOW HOW TO APPLY IN FPO I HAVE ICICI DEMAT ACCOUNT

my wife and myself have a dmat account each. can we apply from both? or it will be considered same and rejected?

You can apply in both accounts as IT PANwill be different . Go for 60 shares @250 in each account

only one condiction name of Ist applicant should be different.

Syngene may be a Gem ..but valuations are stretched as per IIFL , Angel and EquityMaster. As per IIFL, valuations are at par with Divis Labs. And Biocon is an under performer from 2 years. So, I would avoid it. Suggest you to check brokerage reports and buy post listing. I strongly believe it will be available at discount post listing

AVOID THIS ISSUE OR IF YOU CANT RESIST BASED ON INFO THAT YOU HAVE, APPLY AT LOWER PRICE BAND.

What is application premium going on in grey market