Avenue Supermarts Limited IPO Message Board (Page 3)

Crossed 650 mile stone and heading towards 700. Good gains for those who entered below 600 as well.

I think this will reach 590-595 today! Let''s see :)

Rs.740 ke upar koi bhi bhav se sell karna achha hi hoga.. itna profit Kon deta hai.. 😘😁😁😁

Guys get ready to see 700 on board.,even thou most experts say it is highly overvalued above 600.

Turnover quantity is 100295098 shares and delivered quantity is 29777614 shares. The total quota of retail and HNI is 31694916 shares. It is almost 93.95 % of retail and HNI sold out. Now share will definitely show a quantum jump.

Can you help me understand bulk deal share..how its accounted in above

What will be the impact of falling SP 500 (US). On this share and market overall

Thanks EE for ur valuable guidance. i have. made huge returns out of my first IPO investment

Wal Mart history.
In 1970 at $ 16.50
Today at $ 127000 per share.
D Mart may be another Wal Mart.

@ Bharat tilokchand oswal: Current Wal Mart share is trading at $70 per share. From where did you get that figure of $127K?

100 shares purchased at the IPO price of $16.50 (for a total investment of $16,500) would today amount to over 200,000 shares and $14 million of equity

I Have not received my Refund Yet...Plzz Suggest Me What To Do...

In April minimum 2 blockbuster issue are coming NSE HUDCO

Kshitij Anand
Moneycontrol News

It didn’t come as a surprise to investors who placed their bets on Avenue Supermarts IPO, the operator of supermarket retail chain D-Mart on Tuesday, which got listed at a premium of over 100 per cent from its issue price of Rs 299

The big question now is – what should investors do? Should they book profits, buy on declines or hold them? The answer to this question depends on the kind of investor you are.

The stock is among the first to list with gains of over 100 per cent in the financial year 2017, followed by Quess Corp which listed at a premium of 57 per cent, Thyrocare Technologies rose 48 per cent recorded listing gains of nearly 50 per cent.

D-Mart, parent Avenue Supermarts hit D-Street earlier in the month to raise Rs 1,870 crore which got subscribed a staggering 104.48 times at the end of the three-day bidding.

“This listing will certainly qualify as the biggest listing of recent times in subscription and listing gains terms,” Jimeet Modi, CEO, SAMCO securities told Moneycontrol.com. “D-Mart is a very well run retail store chain with 118 outlets on pan India basis with PAT growth of nearly 50%,” he said.

Who can book profits?

Investors who have been allotted Avenue Supermarts shares can look at booking partial profits. The floor price for the stock could be somewhere around Rs 450-500. If it goes beyond Rs 500, the valuations might look stretched at current growth rate.

“The enterprise value (EV) of closer to about Rs 19,000 crore at an issue price of Rs 299 and if you take the listing at Rs 500, probably you get a valuation of about Rs 30,000 crore on EV basis for the stock which definitely makes it fully priced,” SP Tulsian of sptulsian.com said in an interview with CNBC-TV 18.

D-Mart has the scale advantage which they would continue to enjoy going forward as well. The pedigree of the management and the recent track record of earnings reflect a robust picture.

Given the fact that markets are trading at record highs thanks to excess liquidity, D-Mart could well underperform the moment tide reverses.

“Medium and short term investors/traders should at least book partial profits as in medium term D-Mart stock can underperform given its stretched valuations and also the market is consolidating after making a fresh high,” added Modi of Samco Securities.

Who should ‘Buy on dips’ or ‘Hold’:

Investors who have not been allotted shares can look at entering the stock on dips towards Rs 500-530 levels and hold for a period of 1 year, because it is still a good long-term story, suggest experts.

“I will not advise investors to chase the momentum definitely above Rs 550 or maybe Rs 535. If you are a long-term investor, a range of Rs 500-515 can be taken as nice entry point for an investor with a holding period of 1 year,” advises Tulsian.

D-Mart is one of the better plays in the modern retail space. It has reported very strong growth in both top lines and bottom line. It is a very well run retail store chain with 118 outlets on pan India basis with a net profit growth of nearly 50 per cent.

“The company has multiple growth drivers along with strong management profile which should keep the stock going,” Jubil Jain, Equity Research Analyst, PhillipCapital (India) said in an interview with CNBC-TV 18.

“The stock at the time of listing at Rs 299 and at that time it was a blind subscribe but at Rs 560, it is trading at 40xFY19 earning. I would be slightly cautious here, but it is still a good long-term story and investors can look for buying the stock on dips,” he said.

revathy, frenzy is always there.
see for PNB, it hit 975 on 2nd day and revisted 735 Rs
take BSE, hit 1200 and there were bulk deals and it made low of rs 890 and even after 50 days of listing, selling is still not over in stock.

BSE managed by karvy, most karvy wale IPOs generally visit lower levels, the same cannot be said for link in time

Is it possible to verify the allotment success with applications sold in grey market prior to allotment? Someone mentioned that he made five applications, sold three in grey market. Those three got allotted wheres other two were not.

It may be luck only

On BSE listing day woke up at 5 AM and bought shares at opening bell at 1150 (I live in different time zone). Still holding but learnt bitter lesson that all stocks are different. Today watched Dmart go to a low of 558 but hesitated with buy order and only watched from the sidelines.
My point is, if you have been lucky with allotment then hold long and trust your judgement.

Agree. same here, i am stuck with 205@1170 and daily bse is rubbing it now with 1-2 Rs move, very frustrating. So decided never to trade on listing day, if no allotment. I am happy sticking to it, because if a stock listed with double the issue price, makes no point buying when others are selling.

One more thing to do is not follow or read other people comments and make decisions based on it.

@manish hind ji ,

bcz allotment ratio is 4:1 so will be divide by 4 for calculate per application figure

nd jb applications hi reject ho gyi to 15000 profit kha se ayega nd broker b q pay krega

so loss will be in case of 4 applications as follows :-

1262.50 * 4 = 5050
2500*4 = 10000 ( received hote but ni hue bcz appli. rejected )
total loss = 15050.00

ab btao manish ji fyda kha h ????

Lekin solution if queries hota to ye hai na ki.
Mene application broker ko 2500 me sell ki.
Agar allotment nhi hua to broker mujhe 2500 pay karega.
Or agar allotment ho gaya to me 2500 katkar baki profit broker ko dunga.15000-2500=12500 pay to broker.
Mujhe abhi gray market ke bare me kum pta hai aap samjha sake to accha hoga.

Sir ji ye discussion point tha if sold application rejected...so allotment to possible hi ni h appl. Hi reject ho gyi to...

I hope you all enjoyed the ride

Best time to sell is first half an hour tomorrow. I feel it will touch 700 in first hour tomorrow and will then start downward journey.

yes one expected to rise towards 720 before profit taking brings it down.

Shareview thanks for not posting any mess create some other I''d.. u r clean bold now hitting your middle stum ...dont rivew it

friends, i had applied only one lot of dmart ipo but not allotted to me.. amount returned,,, pls tell me what is the method of allotment?

when the retail demand is over the supply, then they go with number of applicants and number of share lots available. if it still high, then it is lot system.

Do not sell and keep holding Avenue.

GMPs
140-143 Low Trade

21-Mar-2017      DMART      Avenue Supermarts Limited      NOMURA INDIA INVESTMENT FUND MOTHER FUND      BUY      32,33,983      604.84