Good company however not a good mgt given it is shade dealing....plus price is not a far price valuation put the company 2000 cr which IMO is on the higher side....
Though SP Tulsian suggested not to invest.. i feel it has good growth potential.
Considering the huge response which is expected from retail segment.. is it worthwhile to invest as HNI. HNI is expected to be subscribed at around 20 times. So if we apply for say around 20 lots then chances of getting one lot is huge. Considering listing gain of say 50-60%.. i feel 2.5 - 3 % guaranteed return won''t be a bad idea??
in what size one should apply?? one lot or full Rs 2L application
100.1. Mr. Singh| Link| Bookmark|
April 15, 2015 4:03:38 PM
IPO Mentor (700+ Posts, 500+ Likes)
one lot. since no of appl in retail will be much more than total lots reserved for retail, max one lot will be allotted based on lottery. Probablity will be same for any no of lot you subscribe.
WHAT IS THE BASIS OF ALLOTMENT THESE DAYS? I APPLIED IN INOX WINDS FULL 2LAC APPLICATION & DIDN''''T GET A SINGLE SHARE?
IS IT WORTH APPLYING FULL OR IT IS BETTER TO HAVE MORE APPLICATION FOR 1 LOT, SO BETTER CHANCES...AS SUCH 1 LOT WILL ONLY BE ALLOTTED IF RETAIL PORTION IS SUBSCRIBED MORE THAN ONE TIME...CAN ANYONE HELP ME UNDERSTAND?
VRL has a diversified customer base across a wide range of industries including automobiles, machinery, FMCG, pharmaceuticals, appliances, metal and metal products, plastics, furniture, apparel, textile, food and furniture..
VRL has an established reputed brand name, Vijayanand Travels, for passenger transportation segment.
Nasirul ji If we considered key concerns reduced oil price is not seen on balance sheet Secondly Directors have pending issue The good thing work is price band offered as compared to listed peers As far as Anchor are concerned I think they even actively participated in Monte. So I think it justifiable to see Nii and Qib response becathey are the only one to make listing gain possible. Rest risk reward theory applicable and even Gmp works only when we get allotment. So wait for last minute crunch from Big players. But not a worthy long term bet
The quality of Anchor Investor matters else Adlabs also had Anchor Investor paying 221 per share. Coming to pending issues are not that grave according to me and I can be wrong but I will apply. Coming to QIB & NII subscription that should always be checked in an IPO. As they say Demand & Supply determines the price in Economics. What propels demand or supply is more important though.
QIB&NISI SUBSCRIPTION LEVEL WILL COME TO KNOW ONLY LAST MINUTE.HOW CAN WE KNOW EARLIER?
96.5. Mr. Singh| Link| Bookmark|
April 15, 2015 4:08:51 PM
IPO Mentor (700+ Posts, 500+ Likes)
You may guess their oversubscription one hour before closing. If it is oversubscribed by say 10 time by 1:00 PM on closing day, at closing it might be in range of 15-20 times. If it is only 2-3 times by 1:00 PM, it would be around 4-5 times at closing.
Please don''t call me sir. VRL IPO is worth subscription according to me. There''s very little chance of loss on listing, which is my priority. Capital protection is more important to sustain in the market and play for long.
I don''t care about the grey market premium but I just prefer aslight scalable businesses. This is not aslight but has good scope in the logistics sector. Lower Oil price augurs well for this company. I will apply for listing gains.
Note: I may be proved wrong but that''s how it works. I am applying certainly.