Bharat Dynamics Ltd IPO Message Board (Page 9)

Bharat Dynamics Limited IPO
Latest Subscription Figures as on Day 3 (Last Day) @ 01:45 PM
QIB (NSE+BSE) = 0.5000X + 0.0029X = 0.5029X
HNI (NSE+BSE) = 0.1200X + 0.0871X = 0.2071X
RII (NSE+BSE) = 0.3600X + 0.4610X = 0.8210X
Emp (NSE+BSE) = 0.1000X + 0.1923X = 0.2923X
Total (NSE+BSE) = 0.3900X + 0.2276X = 0.6176X

can any one suggest apply or not?

Avoid.. many more companies are available at low rate in market

@Tejas- HaHa Truee :P :P

Latest subscription plz.

AT 12.50 PM STILL FII NOT COMING. WAIL UNTIL 2 PM. IF QIB NOT ENCOURAGING MEANS THEN THIS ISSUE MAY BE SKIP

No need to worry about skipping the IPO for want of QIB subscription. At the last moment The Finance Ministry will ask the Govt institutions like LIC, GIC, PSU Banks etc to bale out the issue,

True

No listing Gain Expected

At EOD
It will subscribe fully in retail
Good luck

I think RII will have subscription more than 2.5 times at least.

Wow
If it is!!
I underestimated bdl

Subscription @01.30pm
=================
Qualified Institutional Buyers (QIB) ---------- 0.50x
Non Institutional Investors (NII) --------------- 0.20x
Retail Individual Investors(RII) ---------------- 0.96x
Employee Reserved (EMP) ------------------- 0.29x

Total ----------------------------------------------- 0.61x

No.of Applications (Approx) ------------ 115639
Retail Applicationwise (Approx) --------- 0.53x

Subscription @01.00pm
=================
Qualified Institutional Buyers (QIB) ---------- 0.50x
Non Institutional Investors (NII) --------------- 0.18x
Retail Individual Investors(RII) ---------------- 0.86x
Employee Reserved (EMP) ------------------- 0.28x

Total ----------------------------------------------- 0.57x

No.of Applications (Approx) ------------ 103927
Retail Applicationwise (Approx) --------- 0.47x

I have decided not to apply in this IPO irrespective of final subscription due to following reasons:

- Lower probability of listing gains.
- Higher probability of money getting stuck (unproductively) in this IPO and potentially losing other opportunities,
- Public sector company running in captive environment and untested in open competitive business environment.
- Market condition not favourable.

I believe that company is decent and may have long term potential but I am unsure of the value in IPO purchase. Will continue to observe and may buy from secondary market post listing.

All the best to whoever decides to bet on this company in IPO.

Be very careful in this market.

Focus should be to preserve capital instead of gains. BDL listing is coming at very inopportune time. Suggest to focus on preserving your capital and be ready with an acceptable exit point.

This is the time of extreme fear....so no one can predict bottom.

It is just IMO. It is your call if you want to still continue with the hope of listing gains......

I thought listing is on Monday. Pls ignore last message.

Subscription looks poor

What to do?

Wait tll 2 pm for qib and nii to come in....else avoid

Review about this IPO?

Bharat Dynamics Limited IPO
Latest Subscription Figures as on Day 3 @ 12:10 PM
QIB (NSE+BSE) = 0.5008X + 0.0028X = 0.5036X
HNI (NSE+BSE) = 0.0823X + 0.0715X = 0.1538X
RII (NSE+BSE) = 0.2801X + 0.5151X = 0.7952X
Emp (NSE+BSE) = 0.0904X + 0.1726X = 0.2630X
Total (NSE+BSE) = 0.3516X + 0.1920X = 0.5436X

Apply in this issue

Thnx sir for view
I will aplly for this issues

Thanks. I will also apply.

Subscription @12.00pm
=================
Qualified Institutional Buyers (QIB) ---------- 0.50x
Non Institutional Investors (NII) --------------- 0.14x
Retail Individual Investors(RII) ---------------- 0.78x
Employee Reserved (EMP) ------------------- 0.26x

Total ----------------------------------------------- 0.54x

No.of Applications (Approx) ------------ 92117
Retail Applicationwise (Approx) --------- 0.42x

Do not expect much subscription but IPO may sail through with the help of LIC and other govt insurance cos. In short, it is sold by Government and then purchased by itself.
What is the need to bring PSU IPOs. Better to directly sell to LIC etc.

Apply Or Avoid ?

Game will start after 12 pm for OIB and HNI subscription

After experiencing negativity in GIC n NIC.. I decided not to apply for central govt stocks..
Central Government stocks dose not perform good in bull market..
Invested in BHEL in may 2014 for Rs:- 150/-
Today it''s trading around RS:- 90/-
Better to buy quality Pvt stocks like Dmart, Eicher motors, MRF, HDFC bank, TCS etc.

Wah Sagarbhai,
Aap ke aur mere vichar bahut milte julte hai... I also prefer the same stock which you suggest.

Bharat Dynamics Limited IPO
Latest Subscription Figures as on Last Day (Day3) @ 11:05 AM
QIB (NSE+BSE) = 0.5008X + 0.0028X = 0.5036X.
HNI (NSE+BSE) = 0.0406X + 0.0426X = 0.0832X.
RII (NSE+BSE) = 0.2512X + 0.4471X = 0.6983X.
Emp (NSE+BSE) = 0.0803X + 0.1314X = 0.2117X.
Total (NSE+BSE) = 0.3415X + 0.1636X = 0.5051X.)

*Bharat Dynamics IPO*
*FINAL DAY SUBS.FIGURE AT 10:53 A.M.*
QIB 0.50X**
NII 0.08X
RII 0.68X
EMP 0.21X
TOTAL 0.49X
**Excluding Anchor
Total No.of FORMS : 79,167
*Apps Wise : 0.36X*

For past 3 years:
Revenue growth has been 17% approx CAGR.
PAT has seen inconsistent growth of 3.5% CAGR.

Revenue growth is there, but their expanse growth(19.5%) is also well enough to eat their most of profits.

Thus considering,
- Current market condition
- Poor/inconsistent financials
- Possibility of competition from private players

My personal view is to AVOID this IPO:
Also there is not much listing gain expected. So you can always buy after listing.