@Septa sir I have subscribed under RII. Whether unsubscribed portion in HNI/RII/employees quota are allocated to QIB (mostly FIIs). If so FIIs share may exceed 49/50%. Whether it is permissible. Pl clarify.
if yo check recent report with COCA cola came which have drops in profits and Sales in India as people are now opting for other drinks. Second varun Beverage is having high debt. if you compare with manpasand beverage they had very low debt or say nil in comparision
the next qtr shd be even more weak considering very low sales in winters as both water ,juices cola.
it should have priced 30 to 40 P/E to give some room bt when you price at such high P/E how much you expect and even the future sales would not give comfort.
even F1 figures were bad in comparision PNB even though a large issue had stupendous success.
Valuing such high growth stocks only on PE can be misleading. I remember the first IPO I invested called Jubilant Foodworks, and people were going bonkers on high valuations. I sold it at some profits , but later repented it :-(
Manpasand is another example where high valuation concerns were raised, but today is more than double!
High debts & erratic profits are concerns here, but I guess such stocks carry some amount of risks...it is a stock for those who can take only high risks!!!
Why are you selective about the stocks, just to make your point? There are others like CCD, where similar concerns were there, look at it now, it''s not going to touch its IPO price ever.
Most of the people who have applied thinking it''s Jubilant but there were many things that were in favor of Domino''s at that time but nothing in case of Varun.
yes people have forgotten that Jubiliant profits and sales were almost getting double qtr on qtr when it came with ipo so growth was teh reason for supporting 50 P/E
This one is ridiculous high P/E of 90 with erratic profit and loss YOY which is not comfortable
there is no comparision. Jubiliant was superb varun beverage one is pathetic.
i would only be comfotable to buy atleast 35 pc discount to issue price.
we had very good issue all said apply and it gave handsome gain however not many got allotment also got just one lot
we had issue like varun i think of 10 issues in last 24 months where HNI RII AND QIB did not apply 4 gave negative return 6 gave positive return on listing of the 4 four which gave negative return on listing only one is still listed negative which is PCL rest all which did not have much interest is all positive ranging from 170% to 15% so if you work out the excel sheet as a combination of bad IPO have given more ROC then combination of 10 best IPO. reason being bad IPO u got full allotment and with good IPO u got one in 6 to 1 n 22 chance of allotment.
this a calculated risk strategy applying in FEAR IPO
Good to have contrarian view but that is only valid for long term. In short term, you will get a lot of opportunities to enter at lower levels. Even PCL had given positive returns but only for those who entered late.
Prats That is Fiction it reveals truth that reality obscures also tough times never last, but tough people do i stick to my investment strategy some pays some pays handsome and some loose..... it is all in the game
we had very good issue all said apply and it gave handsome gain however not many got allotment also got just one lot
we had issue like varun i think of 10 issues in last 24 months where HNI RII AND QIB did not apply 4 gave negative return 6 gave positive return on listing of the 4 four which gave negative return on listing only one is still listed negative which is PCL rest all which did not have much interest is all positive ranging from 170% to 15% so if you work out the excel sheet as a combination of bad IPO have given more ROC then combination of 10 best IPO. reason being bad IPO u got full allotment and with good IPO u got one in 6 to 1 n 22 chance of allotment.
this a calculated risk strategy applying in FEAR IPO