Avalon Technologies Limited IPO Message Board (Page 13)

jay shree ram...

Wrong TTM pe is 47.65 data is given for 8 months not 9 please recheck

*annualized

should we hold kaynes till 1100?

@Param Patel
Yes, you are right. PE of Avalon based on TTM EPS is 48.
In comparison, Syrma SGS, Kaynes Technology, Dixon Technologies and Amber Enterprises are quoting at a PE of 49, 76, 70 and 56 (based on TTM EPS upto Dec.22).

Use FD against OD best option

Hey, Can you ple Share Your HAL OFS Trade Here, So That A Newbie like me can learn about OFS and How To make Profit in It?

@student
It is very simple just calculate probability of राय at which shares can be purchased .like in HAL I put bid at 2475 and got shares and sold on the next day .
It is all upon calculation based no thumb rule .

@student,
Check BSE Website , Public Issues window on a daily basis for good forthcoming OFS offerings. OFS kept open for T plus 1 day. For Non Retail on first day and the clearing price is fixed as minimum bid price for Retail bidders. Allotment is done on price priority basis. Higher the price you quote , better the chances of Allotment. Decide and bid in such a way based on the fundamentals and the prevailing market price of the particular share , its past performance, future outlook etc etc. As for HAL OFS price fixed for Retail was 2472. I bid at 2472.05 and got allotment of 2 X 80. OFS closed on 27th March and shares got credited and sold the next day with good profit in just 2 days.

Thank you @Thiagarajan for the useful information.

@Thiagarajan
Hi can you please guide me on this.
1
When we have to keep money in our trading account ,
While applying or next day when share get credited?

2
How we know the cut off price for retail as it's different from floor price

And do we get sure allotment if we select cut off while applying

3
Share get credited on T+3 day and can sell on T+4 day 9 am right?

Request to CG Admin, Kindly include such OFS also so that other investors may also get benefited as we visit CG page only for IPO/OFS/Buy Back etc.

@Seth,
01. When you apply for OFS, full bid amount will be blocked / debited in your Bank Account. If no shares allotted, amount will be unblocked or credited back in due course.
02. Both NSE and BSE websites will show the clearing price for non retail at close of the issue opening day. Retail have to bid at or above that price.
03. Cut off price will not assure allotment, as it is done on price priority basis. If the Issue is oversubscribed, Retail Bidders , bidding at or above Retail clearing price only will get allotment.
04.OFS shares will get credited around 2 pm on the next working day of the issue closing date.

@Thiagarajan
Thank you so much sir🥰

@tyagrajan ramaswamy ,sir we all wish u would had informed prior in forum ,lot of people would had tried & made some profit, bcoz of ur input...( At Least in future kindly alert Forum ppl...Thanks for ur input)