37. Adv Sarin| Link| Bookmark|
March 19, 2021 10:47:42 PM
Top Contributor (200+ Posts, 100+ Likes)
This info is available on the Net about this issue. ) IPO Open: 24 March 2021 IPO Close: 26 March 2021 IPO Size: Approx Rs 1200 Crores (Approx) Face Value: Rs 5 Per Equity Share Price Band: Rs 255 - Rs 256 Per Share Listing on: BSE & NSE Retail Portion: 35% Equity: 98,22,947 Shares Barbeque Nation IPO Market Lot: Minimum Lot Size: Apply for 58 Shares Minimum Amount: Rs 14,848 Maximum Lot Size: Apply for 754 Shares Maximum Amount: Rs 1,93,024 Barbeque Nation IPO Allotment & Listing: Basis of Allotment: April 2021 Refunds: April 2021 Credit to Demat Account: April 2021 Listing Date: April 2021
May be you can use it as 1st information (tentative)
37.1. Adv Sarin| Link| Bookmark|
March 19, 2021 10:54:58 PM
Top Contributor (200+ Posts, 100+ Likes)
BUT problem is 98 lac x 256 Comes to only 251CR so info is wrong.
All those who are looking for a price band below 300/- are daydreaming. Considering ipo size of 1000cr and ofs of approx 1cr shares and new issue of 275cr, then the ofs size is 725cr and shares offered in ofs is 1cr approx, so the price band comes at around 725rs. looking forward at logical and factual replies.....Thanks
Due to corona hospitality is the most hit sector. With new surge its still in grey area. So respected mentors experts and guru''s come up with critical analysis...
We need more registrar''s capable of handling big issues... Linkintime and Kfintech have this tendency to cancel 3rd party ASBA applications. Corruption is everywhere
I am waiting for this from quite some time. I like their restaurant model which is unique, may be confirmation bias. They charge heavily compared to any listed ones. Not looked at financials yet, but looks loses may be because of quick debt fueled expansion.
24.1. arunARUN| Link| Bookmark|
March 18, 2021 11:38:54 PM
IPO Guru (1900+ Posts, 1600+ Likes)
@PowerUser. if you look at their cashflow, it has been positive from the operating activities. Their profits have been impacted heavily due to their investing activities.
21. Adv Sarin| Link| Bookmark|
March 18, 2021 12:42:29 PM
Top Contributor (200+ Posts, 100+ Likes)
Something seriously wrong has gone with SEBI. They are not doing a proper job. How and why they are allowing such heavy valuations of IPO to loss-making companies. SEBI is freely letting these companies loot the investors.
They are not forcing but there are many innocent retail investors who are very new to the market but as a regulatory they should protect them. So IPOs should not come at any valuation otherwise what is the use of SEBI
21.4. Adv Sarin| Link| Bookmark|
March 18, 2021 11:32:58 PM
Top Contributor (200+ Posts, 100+ Likes)
Dear friends, SEBI was created to protect manipulations and stop people creating shell companies and cheat retail investors. So sebi people are getting paid for this. If they do not perform why Govt paying them salary and perks. If any one can bring IPO at his choice, why we need SEBI.