Till now it is subscribed by 10.58 times which means that it has garnered more than 1200 crores. Accordingly, I find that there is no luke response. Considering the toal amount of subscription it seems a good response from applicant. Being it an entrant from EV sector, the price seems to be reasonable. now we are considering it a bad issue but very soon when OLA, a loss making co will come in the market people will subscribe blindly. Disclaimer: I am applying 4 retails & 3 HNI with 6 lots each. Lets hope for the best although GMP is sinking and presently it is only Rs. 4.
Experts - can you please advise if it is right time to sell Nephrocare today or you still anticipate more upper circuits @PLAZA @GrayIsTheNewBlack @MuStrFc @Tejas Pandya @rohiitian
@Abhayji - I'm still holding. It has become expensive now with P/E of 90+ They've recently opened one 100 bed hospital with 30 bed critical care unit in Kolkata and will aid both top and bottom line going forward. I still need to look into the detailed estimates of the new mutispeciality hospital to decide if holding is better or selling.
75.3. MuStrFc| Link| Bookmark|
July 18, 2024 3:51:00 PM
IPO Guru (3100+ Posts, 2400+ Likes)
The valuations are very high, and the news of the hospital opening has added to it. Though it will truly reflect in financials around Q3-Q4 even with Kolkata location.
Circuit changes on Monday and there can be profit booking there.
thank you all...so for short term gains and low risk from here onwards should we still wait till Monday for circuit limit to change to 10%....can we see it going to LC if profit booking happens on Monday itself...please advise
@GrayIsTheNewBlack sir are you planning to sell on monday or still hold @MuStrFc sir can you share ur thoughts as well, chnaces to go LC if profit booking starts?
75.6. MuStrFc| Link| Bookmark|
July 22, 2024 9:42:28 AM
IPO Guru (3100+ Posts, 2400+ Likes)
@Abhayji Can go either way. LC can't be ruled out. Though Nephro still hasn't announced the results, but if those come in decent to okayish, it will head lower
73. Anuwak| Link| Bookmark|
July 18, 2024 4:05:58 PM
Top Contributor (200+ Posts, 100+ Likes)
Only FIIs are applying as QIB. DIIs have not applied for even 1 lot. DIIs bhi FIIs ke aane ka wait kar rahe kya? ya fir DIIs ko pata hai ki Tunwal ke products are not good enough to bet on?
Unnecessary panic done by grey player to take maal of retail easily Ev and clean is a good theme This will be Biggest Return Ipo for investment Must apply Gmp panic was also Made in Thert Gopi Atmasco and Vishnu surya U will regret Must apply and Sit Dont come in panic of Grey player
Dear Experts, As we can see two FII's were entered, So do you guys think it is right time to apply the IPO? You valuable suggistion may increase my knowledge to think in this way aswell.Thanks!
FF Skipped and advised friends also due to bad subscription & no positive response about company from local gmp players...all the best to person applying here DYDD
60. MVP| Link| Bookmark|
July 18, 2024 1:19:37 PM
IPO Guru (1500+ Posts, 1100+ Likes)
अजीब बात है, परंतु, allotment ना मिलने से ज्यादा दुख मुझे किसी IPO को skip करने से होता है, खास कर जब थोड़ा बहोत fund available हो।
I can relate with it, @MVP bhai. Skipping is tough. But when in doubt, stay out. Learnt it the hard way.
Till yesterday, despite all its negatives (big size, no QIB quota, patchy LM track record), I was half thinking of applying in Tunwal with light force. But looking at subscriptions at 12:30pm, it now seems better to stay away.
Opportunity loss is better than being forced to book real loss.
60.2. Basuvr| Link| Bookmark|
July 18, 2024 2:00:23 PM
IPO Guru (2100+ Posts, 1100+ Likes)
@ValueSeeker The combination of LM and Nikunj is not good.
I am Avoiding, if anybody is interested with the sector they can buy post 1-2 weeks of listing.
60.7. MuStrFc| Link| Bookmark|
July 24, 2024 1:38:03 PM
IPO Guru (3100+ Posts, 2400+ Likes)
Despite the huge size, the volume currently irrespective of the pending orders is in line with recent Three M which listed tepid and then went for LC. Just the budget expectation of EV which never really materialised is coming as a burden for the stock now. @Basuvr
@GAUTAM GOYAL /@ManishAgarw - That is not correct. As the overall subscription is ~8x, one needs to apply minimum 8 lots for sureshot allotment if subscription stops here. (This is the rule I was mentioning regarding fixed price IPOs, look at previous BOAs to undertand the same in detail)
@GrayIsTheNewBlack Oh, yes sir you are correct I forgot that this is a fixed price issue and lots will go to retail if subscription is higher in retail. Thx for reminding