Tejas - Apply, not much listing gain, hold for long term Eris - Apply, not much listing gain, hold for mid term CDSL - Must Apply, Good listing gain, portfolio stock AU - Must Apply, listing gain, portfolio stock
Why AU, Seems so expensive. There may be so many skeletons in NBFC closets due to demon. Seems like no one will pay there loans, Farmers, fisherman, odd labours incl
Also big ho ha on 12 accounts, wait till you will see nothing left for lenders to sell
Reason why this IPO is not seeing huge subscription in HNI/QIB is due to limited funds as too many IPOs are lined up. Given low GMP many are not applying. My bet - apply as it has good chance for allotment and book small profit.
Did not Apply... Looking at recent listing, volatile GMPs and low subscription, better to avoid and look at it after listing. Nowdays due to GMP manipulations, HNIs are also scared as there is no guaranteed listing gains based on GMP.
there is an error in applying from google crome and other browser. use Internet Explorer and delete all browsing histories and cookies. You can apply through this.
Yes i contacted HDFC support as well and even they told me the same thing. There is a bug when the page is opened in chrome. I used IE and was able to apply successfully.
ejas - Apply, not much listing gain, hold for long term Eris - Apply, not much listing gain, hold for mid term CDSL - Must Apply, Good listing gain, portfolio stock AU - Must Apply, listing gain, portfolio stock
Dear Septa Sir, appreciate your decision to stick with it & apply this IPO.. But, short term picture is very gloomy & even Telcos are bleeding.. It''s very long term 10-15 years Investment option & may get better opportunity to enter this counter during tis time frame.. Also, presently PAT is not good historically.. I feel it''s avoid at this point in time.. I have followed all your advise including secondary but for this counter after apply my analysis (done only because you suggest to apply).. I feel it''s avoid.. It was clear avoid earlier but your inputs prompt / encourage me to drill down it''s fundamentals further.. Thanks..
Overpriced IPO by a perpetual tech underdog. Have been technologically trailing their competition by atleast 5-10 years for a decade now.
Retail is adviced to back off while they can.
This should trade below 200 in a short time.
In a market correction all bets are off, you may find it at less than 100 value.
Technologically backward company with no future - in the last 17 years (in telecom heydays) they couldnt match upto the technology prowess of their competitors.
Their attempts to do new tech (carrier ethernet) and wireless did not yield even marketable products at a time when their R&D was at its peak. Now devoid of all the R&D strength (and finding it hard to hire as well) they have no future - but to get technologically obsolete in a short span of time. Money raised from the unsuspecting retail with all the "made in India" hoopla will keep them afloat for a while.
They have a flawed and unethical management and below par technical leadership team.