TCNS Clothing Co. Limited IPO Message Board (Page 9)

Okk thanks

Dear harit please advise in tcns apply or not

I m not applying for this ipo
Low Listing gains possible
But I find it risky
Less retail participate will end of LEMON TREE like listing kind(IMO)
One should subscribe if want to take risk

*TCNS CLOTHING CO. LTD.*
*LAST DAY SUBS.FIGURE AT 10:28 A.M.*
QIB 7.00X
NII 0.09X
RII 0.09X
TOTAL 2.06X
**Excluding Anchor
Total No.of FORMS : 17,978
*Apps Wise : 0.07X*

Be careful in blindly following subscription figures. There have been recent cases of fake subscriptions/last moment withdrawals. Check the subscription figures of recent IPOs (both mainline and sme) and actual subscription in basis of allotment.

Hello Admin,
Can you please publish the basis of allotment of RITES limited IPO.

1/13

Credit of this success of this IPO ofTCNS goes to Mr Modi whose moves are leading to financialisation of currency notes and few other assets. He and the Bharat Mata will succeed if this hard earned money of small investors going in these high priced issues through mutual funds and financial institutions give them returns in long run say 2 years.

Aniketiaf sir,
I have always blindly followed your primary & secondary market advice and get benefited almost all the times.
But first time in TCNS I am totally confused. Almost every body r negative on this counter expect you and SPT.
please give guidance.

Monte Carlo subscription details can be found here /ipo/ipo_calendar_detail.asp?a=2575&b=437
QIB was oversubscribed almost 14 times and RII almost 7 times.
GMP went as high as Rs 250.
And on listing day and for a couple of years after that - the company never traded above IPO price.

Check this article also-
/article/monte_carlo_listing_an_eye_opening_saga/98/

This is the reason I prefer to watch HNI numbers as they are the king makers.It should be at least 15x-16x.I remembered that fiasco.Many grey market punters made huge loss after they came to know that co. made invt. in realty and infra biz. from IPO proceeds.Many have corelated this with ADAG IPO type.

Issued shares @ 373 in June, 2018 and now asking price of > 700. What changed so fast. Since it is only OFS, no money will come to company, only promoters & existing shareholders will enjoy. They want retail investors to finance their party.
I find it a big avoid whatever may be subscription figure.

I think qib 7 times to cheat Retail invester Forum members look the rates of Indostar, Fine organics, Varroc

HDFC Asset Management sold shares to distributors in April this year at Rs 1,050 per share.
Now it is demanding 1350 just after two months. Don't understand rationale behind fixing different price for different investors. Maybe they are over confident after success of HDFC Life.
Seems very expensive ipo.

High QIB is due to "Others", Out of 7 times 5 times is by Others which is not as reliable.

Sorry.
Old message for HDFC AMC re-posted by mistake. Now Co has already reduced price band.

It's promoters are well qualified (B. Tech & IIM) They can easily take the company to a new height.

what do you mean by promoter infusef further capital. This statement is illogical as there avergae cost of acquistion is even lower at 30rs.

So calculate the share price at which share is being offered.

Matrix was offered share at 373 in 2016-2017 which means they have almost doubled their money in 1-2 years.

Please make sure you read everything clearly before making some nonsense remarks

Why cannot you understand one simple thing...

Investment was made via preference shares in 2011. In 2016 only conversion from preference to equity took place, no consideration was given @373

RITES Issue Price 185, Cost of acquisition less than 1
Lemon Tree Issue Price 56, Cost of acquisition between 6 and 21
Sandhar Tech Issue Price 332, cost of acquisition between 7 and 84
Bandhan Bank Issue Price 375, cost of acquisition 26
Astron Paper Issue Price 50, cost of acquisition between 2-10
HDFC AMC Issue Price 1100, cost of acquisition between 15-19
HDFC Life Issue Price 290, cost of acquisition between 10-41

Enough spoon feeding has been done from my side...please do some homework before posting shit...

Why you think I applied and am suffering loss?

I did not apply

I traded though

Trade ID      Fill time      Type      Instrument      Product      Qty.      Avg. Price
76341079      12:30:31      SELL      TCNSBRANDS NSE      CNC      1100      648.3
76341078      12:30:31      SELL      TCNSBRANDS NSE      CNC      1000      648.35
76341077      12:30:31      SELL      TCNSBRANDS NSE      CNC      100      648.5
76341076      12:30:31      SELL      TCNSBRANDS NSE      CNC      100      648.55
76212334      12:07:27      BUY      TCNSBRANDS NSE      CNC      2300      639

Hahaha please study and do some analysis before talking nonsense. Is preferential conversion to shares not a price .yes it is . At that time you were talking that this has not happened.now talking stupidity that I mean it is ok to price it . First stick to ur comments. U mention that it did not happen .. read ur comments carefully.. whether equity or conversion the price is still 373. U were defending this price at 716 . Check comments of anil singhvi as well . He clearly mention allotment at such lower price recently and nothing left for listing gain.. don't talk stupid rites is a govt. Company and morever it price it too less and left lot on table to gain in price. U need to gain some knowledge in stock market first before giving ur useless comments.

Why the web page of this IPO is not displaying day wise subscription details as it was displaying in all previous IPO"s ?

TCNS IPO :-
Qib reach 7 time subscribe , i m apply from this ipo...

Risk averse investors are advised to stay away from this issue and try their luck in HDFC AMC IPO.

Thus the rule of this game now is - book profit immediately post listing - recover your principal amount - check post-tax of profit, how much money is left - keep only that much share-equivalent of that net-profit quantity in your demat account - virtually that is your free gain - as if that few stocks you have earned for free. Now do not bother of fundamentals - and just sit tight and enjoy the dance of indian stock market. Here, very few quality companies come up in IPO. Mostly it is a Big Bazaar quality market - the brands of TCNS are mainly available there. The days of Infy, TCS, Page (Jockey), finding gems in IPO market - are long gone.

This is what I call as sharesave scheme. Your own portfolio built on profit.

Day 2 Today 5.00 p.m Final Figures

QIB - 7x
NII - 0.09x
RII - 0.08x
----------------
2.06X

Please do not go by all these subscription figures - all these QIBs, HNIs, Anchors - all are opportunistic money managers just here to make a short term moolahs and fly away from cuckoo's nest. No long term view, no firm investment committment. This entire IPO business in Inda is very dicey. I was checking the anchor investor lists and QIB lists of some of the top-rated IPOs of past - they had such dazzling names - Amansa, Vanguard, Jupiter, Pinewood, Fidelity, Blackrock, JP Morgan, Amundi - and our host of domestic mutual funds - after 1 year - the stock prices are now lurking around IPO prices - and in the list of institutional holders name - you will hardly find names of any of these Anchors, QIBs or the initial MF investors. By the time RIIs may think they have made gem of an investment, all anchors are gone - and no more juice or demand is left in the stock.

Who are these QIBs?? Are they fly-by-night investors?? They invest in huge quantities in IPO and the moment the stock gets listed, even if there is incremental listing gain, they sell off in hordes and fly away, leaving poor retail investors in loss. Similarly, anchor investors - FPIs or Domestic Mutual Funds - whoever invests as anchor in IPO - after compulsory 1 month lock in period all flies away from the nest of stock, leaving the foolhardy RIIs sulking in a corner.