Valuations look aggressive however their are no peers to compare . Secondly , looking at justdial''s market share and India''s growth in the internet segment , the future growth looks potentially well placed which is a fair valuation to discount your future .
50% of the issue got subscribed today on day 1 whihc clealry tells you the strong under current
In such situations follow Sreedhar''s principles. Look for QIB subscription and if more than 10 times then apply and look for listing gains. If QIB subscription is low Do Not apply.
MY QUESTION TO DILIP DAVDAJI :- IF I WANT SHARES @ DISCOUNT PRICE THEN AT WHAT RATE I SHOULD APPLY ? IF I APPLY AT CUT OFF PRICE THEN DO I GET DISCOUNT OR NOT ONCE COMPANY FIX ISSUE PRICE @530/- ?
you can choose to apply at 423 ( lower band after discount ) or 497 ( upper band after discount ).....if u apply at 423 and cut off price is 530 , than you wont get allotment .
Company is making fool to the retail investors by offering 10% to floor price. It should be 10% discount on issue price like in other cases. If you apply at floor price and issue price is above price , then it will joke or farce
21. M Gupta| Link| Bookmark|
May 20, 2013 2:57:10 PM
IPO Mentor (900+ Posts, 2500+ Likes)
Retails should also apply with ASBA at lower price band so that if the company fixes higher price band, one need not bother for refund process. And in such an event, one will always stand for a benefit to buy at discount post listing as the safety net trigger limit is wide at 20% of the final offer price.
Dilip Davda SEBI registered Research Analyst Mumbai
If you apply for a lower price band and company fixes higher end price band, would you still be getting the shares at higher end or would they just discard that request??
You guys should stop giving out wrong info . safety net is triggered if the stock drops below the issue price in the next 180 days . it is a weighted average
10% discount to floor price for retail, what does it mean ,if issue price is above is fixed floor price ,whether 10% discount will still be applicable to retail investor
F.Y. 11 company EPS is 5.5 Rs. only so at the upper band of IPO it will available at 98.72 PE. Tooooooo much expensive. Its true value is not more then 200/-
I am sure you have timid knowledge about stocks and its technical indicators ...with a safety net for retail and being the leader in local search , it is a safe bet .