Seems to be going Archean way in terms of subscriptions, except for Retail. Although its issue size is 60% of Archean. Archean was approx Q 49, bH 17, sH 11, R 10. Coincidentally, JM is a common LM in both these issues.
264.1. Shy| Link| Bookmark|
December 2, 2022 1:18:25 PM
Top Contributor (500+ Posts, 200+ Likes)
unke paise dhrmaj aur sme ipo me fase hoge may b thats why ?
264.2. Imhilli| Link| Bookmark|
December 2, 2022 1:32:48 PM
IPO Guru (1200+ Posts, 700+ Likes)
RII will have much better chance of allotment here. QIB will fly more than 50 times and HNI is also following similar trend. If you have limited funds, better to go ahead with RII.
SHNI IS VERY LESS SUBSCRIBED, GO FULL FORCE IN SHNI . QIB WILL CROSS 60 X
257. Shy| Link| Bookmark|
December 2, 2022 1:27:57 PM
Top Contributor (500+ Posts, 200+ Likes)
Ref : cut off time & Axis format : I hated fact other banks give last day till 3-4 pm while SBI apply time till 2 P.m. only, यहाँ पे " लंच के बाद आना " line is more suitable in AXIS in new format shows min. rate which can be misleading and some may apply at that price(lower band) and get disapp. with no allot.
255. SONMAYA| Link| Bookmark|
December 2, 2022 12:56:21 PM
IPO Guru (1300+ Posts, 500+ Likes)
Looks Like chittor GARH trying to push UP RHIS IPO. WHY TIME AND AGAIN CHITTOR GARH PEOPLE SHOWING OLD GMP WRITTEN BY SURANA SIR...WHICH IS MORE THAN 150 AND IT WAS MANY DAY AGO... Chittor GARH people please clarify this or give reason for SHOWING ILD GMP PLEASE
@SONMAYA Please focus on the date associated with every message to understand the context. The message thread provides a nice view of how GMP fluctuated over time! A very important factor in decision making. Thanks and all the best to Chittorgarh tech team for providing us this super forum!
255.4. B.M.SURANA| Link| Bookmark|
December 2, 2022 1:16:41 PM
IPO Guru (2600+ Posts, 4900+ Likes)
Surana ji himself follows one thread to make information relevant. And he updates that message thread regularly.
Apply or no apply is individual choice, people applied medanta, bikaji and inox like. No one pushed anyone. Everyone has some logic to apply an ipo - not necessary that everyone can see that logic.
QIB 23.06 B HNI 11.58 S HNI 9.03 Retail 3.36 Total 10.57
251. Crow| Link| Bookmark|
November 30, 2022 10:50:59 AM
IPO Mentor (700+ Posts, 900+ Likes)
Uniparts India is what I like to call an "inconsequential" company. Sure, the profit-making company is doing pretty well, but it's a small player in the whole automobile manufacturing process cycle. At a time when I'm staying away from vehicle manufacturers like TaMo and Maruti due to various reasons (EV case being one), it's obvious that I should stay away from this. Pure OFS and falling GMP add to my worry.
But the markets are at ATH so this can give a buoyant listing. As someone who can take risk, I'd be willing to sail this ship but I'll aim for the coast on listing day. Applying for 1 retail lot. Thanks.
PS - Uniparts in many ways reminds me of SJS Enterprises which is languishing below IPO price since listing exactly last year this time.
@Liger, a little bit of window dressing seems the norm these days.
251.4. arunARUN| Link| Bookmark|
November 30, 2022 6:45:26 PM
IPO Guru (1900+ Posts, 1600+ Likes)
This company has filed DRHP for 3 times. I see growth from that data. From need of funds (first issue had fresh issue component) to cash surplus company is quite a progress Going first time SHNI and hoping luck to get large allotment
@crow Good analysis but in my view for HNI this is valid. In retails if one has money he must take chances , negative listing is very less and so is the loss