Venus Pipes & Tubes Limited IPO Message Board (Page 15)

Operator trapped shorters in relaxo and campus at the same time..😂😂😂...

Just carefully look at high beta stocks or new IPO stocks which are withstanding the savage fall in markets and try to get them in tranches at their intermediate support levels. You will be rewarded once the markets make a U-turn, may be from around 52000 levels. Markets can never go in one direction always.

Applied in Retail buy today cancelled all application.when sale is going on secondary market it is always better to pick from there rather than apply IPO

@yudi
अरे भाई पुरी दुकान खुली है

End of season (Bull market) discount sale. 😄. Naya maal agle season main discount par, if available.

good morning can we apply for listing gains in venus if very sure it may give listing gains can we take risk in applying quotes in SHNI KINDLY SHARE YOUR VIEWS

Individual institutions are giving avoid call so they can buy on listing.
10% listing is now fixed.
I guess buying oil from russia has made Fiis angry over India.

Biggest fear is strengthing of dollar with inr@80 atleast. Others are rising interest rate globally and Ukraine conflict. JP avoid call of China and lockdown has lead to underperformance of Asian stocks along with India. Market will go up only after interest rate stabilizes (even at high level), resolution of Russian conflict and unlocking of china. Everyone is spooked and on toes nowadays.

This one is best among all three & can be applied in all categories without fear.

@ EVA & INDIAWAY,

WHAT SHOULD BE DO IN VENUS PIPE OPO RVWE APPLY OR NOT IN THIS IPO....LOTS OF FORUM MEMBERS WANTS OPINION FROM YOU SIR...
EXPERTS PLS SUGGEST...

@CMV

Me applying

Looks promising for 10-20% gain. Seeing the subscription on last day, can be applied even in HNI. Retailers anytime.

What does NII stands for in the bidding process of IPOs. Also who are called as small NII and Higher NIIs and their eligibility

NII is a abbreviation used for Non-Instititutional Investors ex. Individuals and HUFs (Retail or HNIs).
Retail Investors can bill upto 2 Lacs/Appn Max.
Big NII are the Big HNI means Big High Networth Individuals who are bidding for more than 10 Lacs/Appn
Small NII are the Small HNI means Small High Networth Individuals who are bidding for more than 2 Lacs/Appn but less than 10 Lacs/Appn.

venus pipes and tubes...my analysis.
A strong Gujrati based promoter company with experience into stainless steel for 15 years, first started as trading company now into manufacturing of stainless steel with products like
Stainless Steel High Precision and Heat Exchanger Tubes
Stainless Steel Hydraulic and Instrumentation Tubes
Stainless Steel Seamless Pipes
Stainless Steel Welded Pipes
Stainless Steel Box Pipes
The company holds pride in supplying its wide product range to more than 20 countries internationally.
Strengths
1- Gujrati based company with 15 years of experience
2- no OFS. pure fresh issue and this fresh issue is also not used for short term working capital requirements.
3- Exporting pipes abroad as well.
4- financials are attractive. Sudden Jump and growth in all parameters.
5- valuations also attractive. Based on 9 months EPS ended dec 2021, its valued at 21x while its peers Ratnami metals- 41x pe while jindal saw 9x pe.
6-58 strong client list names include- LT, lupin, praj, srf,thermax, upl, voltas adani wilmar

Weakness
1- Only 1 manufacturing facility. If god forbids, if something happens like, labour protest, then it may affect its pat.
2- Listing in T2 segment. ( not a big negative )
3- LM. only 1 ipo track record which also listed in discount and i think never recovered.
My view- I will apply.
in these market conditions, if someone who is solely applying for listing gains which most of us are, should check GMP. If GMP is like Campus they should apply.
Views from experts are welcome.

There were discussions in the forum regarding 3rd party application from sbi.
Is it working anymore??

Whether applications are subject to rejection if, we apply 3rd party ASBA using Axis Bank Net banking ?.

Apply blindly. Gujarat based companies always give listing gain. See past history and records. I will apply surely.

Will 1 BHNI fetch me more allotment than 1 small HNI application ? If allotted of course... Thank you.

@monster
Can I apply 5 shni applications from single pan

@Sunmoney, No, you can't apply.
You can apply 1 application with one PAN. It could be Retail or SHNI or BHNI

Today Dow is heading upword momentum. Hope there should not be further freefall.

@Avenue,
How much do u think is extraordinary subs according to you,
Thanks

Expected listing gains will be 10-15%....and couple of 5% UC back to back expected.
Fresh issue...
Gujarat based....
Expanding on the rise of commodity prices...
Short term bullish....dark horse....
Market is somewhat under consolidation until LIC is listed...after that roller coaster ride possible.

People concerned about 3rd party applications are the ones who are not getting an allotment.
Those who contacted the registrar should know that they will deny about the acceptance of 3rd party application. But i have received consistent allotment in 3rd party till date.(last campus activewear). Don't be alarmed , just apply the bid correctly.

I'm definitely applying with 2 retail and 2 shni applications after 4 pm on Day 3.

Which bank ASBA you have used

Sbi

Not a remarkable company. Price is very high. I shall apply in retail category for listing gain.

Refund from Venus will not be available for pradeep phasphate, which is also looking good at first glance and the issue size is ~10times of venue IPO.
If one has to choose between these two which one is better.
Your views please

paradeep

Venus pipe me

sHNI and bHNI me kitne number of form hai?