big negative total issue size 1895 cr fully offer for sale bull run me promoters apna hissa bech ke bahti ganga me hath dho ke nikal jaana chahte hai . ipo laane se company ki future growth ki expectation nhi hai kyoki ipo se kuch bhi paisa company ko nhi milega . abhi covid tha to company ka revenues and profit badh ke aaya isliye costly valuation par ipo laaya jaa raha hai. covid khatam hone ke baad company ki growth bhi rukegi . big avoid .
@xcaptialmarkets Hum buyer hai naaki ki seller. Hum humare hisab se sochenge ki wajib daam par achi chiz mile . Us company me nivesh kyo kiya jaaye jo kewal ek city par depend ho aur future growth ki sambhawana kam ho .ipo ka paisa company ki future growth me kharch naa hoke promoters ki pocket me jaaye . Ipo me apply kewal listing gain ke liye hi jiya jaata hai and yadi company table par kuch chode hi nahi niveshko ke liye to aise company me nivesh kyo kiya jaaye ? Paisa invest karna hi hai is sector me to dr. Lal path lab aur metropolis me naa kiya jaaye jo ki isse behtar company hai . Seller 10 ki chiz 15 me bechega to doctor ne to nhi bola naa ki lena hi hai . 10 ki chiz 7 me milegi tabhi to buyer paisa lagayega .
Totally agree....promoters/PI investors need to slash their greed and leave something for next partners. 10 ki cheeze 7 par nahi..par kam-se-kam 9 par to offer kare.
Itna jyada msz post karogi to aise hi top contributor ban jaogi.
77. Shaolin| Link| Bookmark|
August 27, 2021 10:24:15 AM
Top Contributor (300+ Posts, 500+ Likes)
Vijaya Diagnostic biggest obstacle is Thyrocare. Vijaya Market cap of 5400cr @531, Thyrocare market cap 6600cr. Since Thyrocare got stuck due to acquisition and open offer by API holdings, upside is limited. It is difficult for Vijaya a 2 state company to cross Market cap of Thyrocare which has a pan-India presence.
I ORDERED IN TODAYS WABCO OFS @ 6979.95 FOR 10 SHARES FROM ICICIDIRECT CLEARING PRICE FOR RETAIL IS 6977.90 AS MY PRICE IS ABOVE CLEARING PRICE, I SHOULD BE ALLOTTED SHARES BUT MY ORDER SHOWING AS EXPIRED TILL 3.30PM IT SHOWS AS ORDERED
I ALREADY SENT MAIL TO ICICIDIRECT SHOULD I ALSO COMPLAIN TO SEBI (SCORES)?
We cannot rely on GMP alone as Car Trade was trading at 25-30% at the time of IPO window and 10-15% at the time of listing but it listed with a loss of 1% and then now trading at a loss of 11%.
Aptus did not sustain eventhough GMP was strong between 10-15%.
So invest in IPOs only if they are reasonably priced, showing good CAGR both in terms of Revenue, PAT and free cash flows.
Avoid highly priced IPOs even though company is good bcoz we may get a better entry point after listing.
Note: Not every company is Zomato in terms of hype or listing gains:)
Completely agree...I went massively wrong with my IPO application for CarTrade!
72.3. sdz| Link| Bookmark|
August 26, 2021 8:32:10 PM
IPO Guru (1000+ Posts, 500+ Likes)
@Neo...Cartrade GMP on last day was less than 130, while GMP was 300 for Krsnaa Diagnostics on IPO last day. So Krsnaa ditched the most in that 8 IPOs basket
72.5. sdz| Link| Bookmark|
August 26, 2021 10:26:07 PM
IPO Guru (1000+ Posts, 500+ Likes)
Haha ya you can call all 8 IPOs as racket because even Devyani showed 60GMP but gave 40 after milli seconds n down to 20
72.6. lokes| Link| Bookmark|
August 27, 2021 1:50:43 AM
IPO Guru (4400+ Posts, 5100+ Likes)
As per GMP, the one who gave worst returns from these 8 IPOs is windlas....with around 80Rs GMP till end, it listed in discount, closed well below issue price on listing day and gave the worst returns till now even.... trading more than 20% down
Please enlighten me whether we can be benefitted if participate in the OFS of wabco India limited which is open today for Retailers. The cut off price is Rs.6977/- and CMP is Rs.7090/-. Eagerly waiting for the guidance of the members. Thank you very much in anticipation of prompt response.
I ORDERED IN TODAYS WABCO OFS @ 6979.95 FOR 10 SHARES FROM ICICIDIRECT CLEARING PRICE FOR RETAIL IS 6977.90 AS MY PRICE IS ABOVE CLEARING PRICE, I SHOULD BE ALLOTTED SHARES BUT MY ORDER SHOWING AS EXPIRED TILL 3.30PM IT SHOWS AS ORDERED
I ALREADY SENT MAIL TO ICICIDIRECT SHOULD I ALSO COMPLAIN TO SEBI (SCORES)?
71.8. IPO smart| Link| Bookmark|
August 26, 2021 9:10:37 PM
Top Contributor (400+ Posts, 100+ Likes)
Sir, Clearing Price of Rs 6977.90 fixed for Retail Bidding portion of WABCO India Ltd.
71.9. IPO smart| Link| Bookmark|
August 26, 2021 9:18:47 PM
Top Contributor (400+ Posts, 100+ Likes)
Respected Kama siva rama sir, I have applied OFS by calling broker. There is no provision to apply OFS in bobcap. I am waiting for contract note. According I will update you sir. Hoping to get good qty.With warm regards
71.10. ColdBurger| Link| Bookmark|
August 27, 2021 12:34:34 AM
IPO Mentor (1300+ Posts, 400+ Likes)
Wabco OFS attracting good response as per member''s comment. Is it really beneficial to buy at 7k/- each? Are we sure it will go and touch 10k in near term?
My comment is generic, i mean buy 10 of Webco / buy 19 of TCS/ 40 of INFY - Which one is more beneficial? Reason behind the rally on Webco? Its price fluctuates steeply some times as per past chart.
Offer price 531 of Rs 1/- so it is actually rs 5310 for rs 10 shares .Also it is offer of sale like CarTrade ! . CarTrade is now down by rs 170/- .Read reviews of all experts before applying .GMP is not there so listing gain unlikely.
70.1. ipo share| Link| Bookmark|
August 26, 2021 2:10:25 PM
IPO Guru (1500+ Posts, 700+ Likes)
Very greedy promoters. Even after seeing the condition of recent highly priced IPOs, promoters couldn''t bring this IPO at genuine price. PE of 60 and PB of 15 is on very higher side, especially considering the condition of mud and small caps in secondary market. Good growth rate of company on one side and high valuation on the other, will definitely put retail investors in a confusing state of mind.
Go through Red Herring Prospectus where all the financial data, Balance Sheet, Profit & Loss Statement is given, there you can get EPS, then simple issue price divided by EPS. Issue price you will get whrn IPO price band will be fixed in this case issue price at upper price band is @541 . divide EPS to 541 you will get P/E
Overpriced ipo...this is legalized looting of money....sebi should set some rules for ipo pricing
66. sdz| Link| Bookmark|
August 26, 2021 9:23:28 AM
IPO Guru (1000+ Posts, 500+ Likes)
Marketcap @531rs is 5400cr with PE 63, which is far higher expensive than Krsnaa Diagnostic. I''m avoiding unless Krsnaa cross 1100 by then 😄
66.1. sdz| Link| Bookmark|
August 26, 2021 4:42:34 PM
IPO Guru (1000+ Posts, 500+ Likes)
I expected Krsna Diagnostics will jump atleast 3-4% today seeing Vijaya IPO high valuations. But naa it dint, may be gave it a smirk thinking you''ll have worse than my listing 😂🤣
I think we should avoid this IPO as trending markets are not responding good to IPO''s as we have already seen good companies with strong fundamentals like Aptus is still running low as per its issue price.
64. ipo share| Link| Bookmark|
August 26, 2021 2:14:18 PM
IPO Guru (1500+ Posts, 700+ Likes)
In such IPO with high growth rate but also high valuations, opinion of experts / ranked members is very essential to arrive at a decision.
63. RajBreaks| Link| Bookmark|
August 26, 2021 2:13:37 PM
Top Contributor (300+ Posts, 300+ Likes)
IPO Gurus & Eagleye,
Kindly Request To You And All Other IPO Gurus To Kindly Share Your Views "Fair Value", For IPO''s As Per Technicals. So That We Can Get An Idea About The Difference Between The Actual Value And The Hoax "GMP"