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Better not to FISH in troubled waters.
I managed to sell today finally. no profit no loss.
Lesson learnt always safe selling on opening bell whether
profit or loss.
But first time in any IPO that i saw that within minutes it hit LC and stayed like that throughout that day as well as next 2 days......UNBELIEVABLE...
NO PROBLEM SIR.... YOU ATLEAST SAVED YOUR CAPITAL...
SHARES OF SHEMAROO MAY (OR MAY NOT) SEE SOME FLUCTUATIONS (UP-DOWN)IN NEXT 2-3 DAYS. BUT MARK MY WORDS THAT AFTER 1 YEAR YOU WILL FIND THIS TRADING BELOW 100 (OR EVEN LESS THAN THAT)......
AND MY HUMBLE REQUEST... DONT ATTACK ON THE BOARDERS WHO HAVE NEGATIVE VIEWS ON AN ISSUE.... TRY TO FIND OUT MERITS IN THE COMMENTS... IF YOU DONT LIKE IT JUST IGNORE IT....
CONGRATS... YOU MANAGED TO SELL AT PAR....
There has been a block deal of 367814 shares in Shemaroo Ent at Rs 180.00 per share, valued at Rs 6.62 crore on NSE today.
Gupta ji as promised i am pinging you on listing day.
I made 2k as of now with price at 180.
No panic or selling pressure as 5% at upper end is 189 Rs and lower end at 171 rs.
No koot or loot happened :-)
Take whatever is available and leave when the going is good.
Aur ka lootega. Seller pack ho gaya hai. Ab kya bacche ki jaan lega.
When can retail trade ?
9:45 AM or 10 AM
Shemaroo IPO Basis of Allotment announced
In Retail portion allotment ratio 200 : 1113 (2 : 11)
It''s seems to be whoever allotted in Earlier IPO and/or Sold for Listing gains were not allotted Right?
Anchor investors hold 21.17 lakh shares.
Q1B alloted around 15.48 Lakh shares.
If you combine both Q1B comes around 36 Lakh shares which is more than retail allocation of 30 Lakh shares. So people will definitely make money, but how much, only time can tell.
Shemaroo Entertainment, whose initial public offer begins on September 16 to raise about Rs 100 crore, on Monday sold shares worth Rs 36 crore to nine anchor investors including Birla Sunlife and HDFC mutual funds.
In regulatory filings with Sebi and the two stock exchanges (NSE and BSE), Shemaroo said on Monday that the IPO committee of its board finalised allocation of 21.17 lakh equity shares to anchor investors at Rs 170 each-the higher end of the proposed price band of Rs 155-170 each-for an aggregate amount of Rs 35.99 crore.
The anchor investors include two funds of HDFC and seven funds of Birla Sunlife.
people like gupta are creating unnecessary panic around this ipo.
When sharda did so well, why can''t shemaroo. Anyhow retail has got at 153 Rs not 170 Rs and it is well subscribed by over 5 times in Q1B and its not like everyone who applied got allotment. People like gupta should stay away from forum like this, neither they allow people to apply ....neither they type anything useful....all he knows is to Khooth.....
MR. VALUE INVESTOR....
WHY SHOULD I STAY AWAY....
THIS IS A FORUM WHERE EVERY ONE CAN EXPRESS HIS/HER OPINION....
WHOSE OPINION IS CORRECT ONLY TIME WILL TELL.........
I WILL REQUEST YOU TO COME AGAIN AND TALK TO ME ON LISTING DAY....
My view is that it is not safe to compare any two issues like this, to do so shall be very dangerous.
After nil allotment in both snowman and sharda, got 1 out of 3 applied in shemaroo.
At last i have something to look forward on listing day :-)
icicidirect ASBA still not unblocked.
Any icici ASBA unblocked?
Yes me to .... no allotment to icici huh
Yes ,,I am also unlucky for both this and Snowman,May be some partialiaty to ICICI direct..I called to 18003454001 and got update.
I will not apply hence forth.just to block money for 20 days.Would have got 40% ,if I would have put it in NBCC
Issue size is very small. Hence it will be double the retial subscriptions of snowman. In snowman itself it was 1 out of 18 chances. Here no doubt even if it is 1 out of 35 :-)
Allotment chances are very very very .... slim
Do we know what percentage of shares is reserved for retail investors? In snowman logistics it was just 10%.
35% quota for retailers.
If you''re sure, then we have the following -
Number of lots overall = 7741885/85 = 91081
Lots for retail = 35%* 91081 = 31879
So we can expect 31879 allotees to get as many lots, valued at Rs 153 * 75 = 13,005, which is similar to Snowman (which was Rs. 14100).
This is considerably better than Snowman logistics, where there were only 14,000 retail allotees. However, it is quite possible that there may be more retail subscribers here.
Subscription at 6 PM:
Retail around 6 times:
Total Issue Size 1,91,72,024
Total Bids Received 1,14,80,88,150
Total Bids Received at Cut-off Price 4,16,16,180
No. of times issue is subscribed 59.88
Chances of allotment better in SHARDA as retail subscription is less. Max 7 to 8 times only
Applied for 4 applications of 1 lot each, alloted None....SAD :-(
As of 3 PM:
Retail around 4 times.
Total Issue Size 1,91,72,024
Total Bids Received 47,71,79,640
Total Bids Received at Cut-off Price 3,17,72,700
No. of times issue is subscribed 24.89
hindu business line: AVOID
Sharda Cropchem IPO: bewith problems, keep away
Read at below link:
Thank you very much for sharing the link. Business Line''s analysis are really very useful, all retail investors, pls avoid this IPO, they just want to loot from the Retail Investors.
1Qualified Institutional Buyers (QIBs) 22050000 32864100 1.49
1(a) Foreign Institutional Investors(FIIs) 2550600
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 16630200
1(c) Mutual funds 45900
1(d) Others 13637400
2 Non Institutional Investors 6300000 5180700 0.82
2(a) Corporates 1841100
2(b) Individuals(Other than RIIs) 3141900
2(c) others 197700
3 Retail Individual Investors(RIIs) 4200000 54335700 12.94
3(a) Cut Off 48172500
3(b) Price bids 6163200
Total 32550000 92380500 2.84
Grey Market Premium
Issue Name Grey Market Premium Kostak Price *(Minimum Application)
Snowman Logistics 22 to 23 (Buyer) 600 (Seller)
Since the IPO is under Regulation 26(2) of ICDR, as company&rsquos average pre-tax profits in 3 of the 5 preceding years was less than Rs 15 crore,retail portion of the issue is very low, at just 10%, against the regular 35% portion size (QIB portion is higher at 75%). So, at the upper band, company is seeking to raise Rs 197 crore, and 10% of which is less than Rs 20 crore, or 1,000 retail applications of Rs 2 lakh each, is all that is needed for the retail book to sail through. Thus, retail portion being small, may see good participation, with probability of good over-subscription.
So retail has been given only 10% of issue size 42,00,000 lac shares instead of the normal 35%