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Some good news for retail investors in this issue.
Retail Individual Investors, quota is Not less than 7,894,294
Equity Shares available for allocation.Not less than 35% of the Offer.
You may recall that in Snowman, the reservation for retail was only 10% resulting in heavy over subscription. It was pure and simple lottery at work.
The chances of allotment are better in this issue with more shares made available for retail category.
600 & 45 per shares
APPLIED FOR 4200 SHARES. WHAT ARE THE CHANCES FOR ALLOTMENT. PLEASE TELL
SAME AS ANY OTHER RETAIL INVESTOR. YOU MAY GET 300 SHARES IF YOU ARE LUCKY IN LOTTERY. DO NOT APPLY FOR MORE THAN ONE LOT IN FUTURE IF THE IPO IS GOOD
Can anyone tell me what about its rate of application in grey market? I need to sell applications.
APPLIED 3000 SHARE ALLOTMENT ? PLEASE INFOME ME
nil....most likely as per new rules......
On merchant banker’s front, both have positive bias on their past mandates. As such issue can be considered for medium to long term investment.
whts d current gmp? any one?
cn any one whts d criteria for allotment ,bcoz it has 18x subscription
AS PER NEW RULES, EACH ELIGIBLE APPLICANT IS SUPPOSED TO GET MIN. 1 LOT (300 SHARES)PROVIDED IT DOES NOT EXCEED TOTAL ALLOCATION FOR RETAIL CATEGORY. IN CASE IT EXCEEDS, THEN IT WILL BE A LOTTERY SYSTEM WHERE LUCKY ONES WILL GET 300 SHARES EACH.
anyone know about crisil rating for this ipo
minimum lot 90 share per application of sharda cropchem ltd.
What is lot size can anyone inform me ? I meam how many shares equals one lot
What is the rules for allotment to the retailer, please write if any body knows perfectly
allotment 8 sept....listing 10 sept.....listing at over 87/88....buying freedge over 100....enjoyyyyy......
Current grey market premium for snowman is Rs.30-33
One can apply for Sharda Cropchem IPO for listing and medium term investment purposes.
will the money be release for sharda cropchem end date 9th sept?
Any update on date of listing??
whts d current gmp?
amount debited from bank for 2 appl.
Sharda Cropchem Limited formerly known as Sharda Worldwide recently filed its papers with market regulator SEBI for its maiden IPO. While I have the DRHP (Draft Red herring prospectus) containing the company’s financial data, in this article, I would try and work out the likely price bankers may come up for the IPO. The Pricing Game If estimating cash flows, growth, and risk are the key parameters to think about in a traditional DCF valuation, in pricing a stock, we have to rely on a completely different of tools. The first thing to look at is the current price, I know it sounds counter intuitive but if you think about it, pricing is all about accepting what the market believes is the stock’s fair price, which is a function of demand and supply. With actively traded companies, the task is somewhat simple, as you can 7760*2) INR 15,520 million which translates to ~ Rs 170 on per share basis. I want to put a small caveat for all the readers who will base their investment decisions based on the above numbers. While the company is almost a decade old, it is still in a phase of subtle but consistent growth and it is possible that the current numbers may not be truly representative of the company’s future financial position. You might try and forefor e.g. An analysis of tech companies reveals to the investors that TCS is underpriced as compared to its peers in the tech industry. While the investor may be right, but if the entire industry is overpriced as a whole and a subsequent correction drops the market altogether, the investor will still end up on the losing side.) With Sharda coming up with its IPO, I think, a thorough intrinsic valuation of the company based on its fundamentals will not only give a better picture on whether or not you should invest in the company, it will also give you a plank to hold on to, a factor missed by the pricers. In my next article, I will try to come up with an intrinsic value of the company to help the readers take a more informed decision, and perhaps debate on the assumptions I will base my valuations on.
MR AK JAIN PLEASE DONT CUT PASTE ARTICLE OF MR ROHIT OF INVEST BHARAT POST YOUR ORIGINAL VIEWS