Campus Activewear Limited IPO Message Board (Page 1)

Hi Monster Zero Sir,
I m bit confused after seeing the results. YoY is fantastic and QoQ results are poor.
In my view first 9 months performance ( which was fantastic and reason behind great full year result was already priced in, in the Issue price.
Kindly correct me if assumptions are not making any sense.
Holding 14 lots presently

There has been trend in all the new listing that YOY is great, but QOQ is subdued. Can we attribute it to Corona virus in Jan-Feb?

Call is to keep holding....my tgt is 475...

Read

@Monster Zero. Thanks for sharing the above details, now I know applying with any other than 14 lot had better chance which I too had thought but many suggested 14 lots so applied. Will use this data for next.

Thanks 4 sharing such a useful info

@ColdBurger : you are wrong, no idea on what basis/understanding you are saying that. All these basic things i already knew and explained even before allotment and exactly same way it is as i informed in rainbow page thread.
14 lots is always better and safe to apply in SHNI category. Anyways all lot category will have similar chances as seen above also but i explained why 14 lots is better and safe in case of good ipos where we know it will be over subscribed application wise in SHNI.

@Lokes - Sorry for the above comment which was done without sparing much time to read the data properly. I did not mean to offend anyone!
I will need to spend time on calculation to know the details and convince myself. Actually I am confused about
(1) HNI was subscribed 22time (Raw w/o rejections) -
(2) SHNI subscribed 13.6 X after rejections
(3) SHNI Subscribed 25.46X after rejections

My question -
(1) Is this Amount/Lot basis? I thought it is like for every lot available 22 bids present. Since HNI can apply minimum 14 lots then even if only two people applied for 1 lot then it becomes 28X right? So how the (2) & (3) has such high times subscription number? I am sure I am missing something to consider as this level of fraud cannot be overlooked. Please direct me to some useful link where i can learn this calculation.

can someone explain this allotment basis in Big HNI? Isn't allotment in Big HNI category on proportionate basis anymore like it used to be before? I applied for 160 lots (8160 shares) and did not get a single share whereas I was hoping for at least 357 (160 lots/22.25) shares or more.

Let me explain the HNI allotment in simplest way so that all can understand. Figures may very a bit as I don't remeber exact.
Campus bHNi

14 Lots each to be distributed to 6966 applicants.

bHNI applicants total irrespective of lots applied 18493.

SEBI wants to allot 1 lot to all bHNI but can not as lots are less, so lottery.

Lottery winning chance = possible successfully applicant / total applicant
= 6966 / 18493 = 37%

So in every lot category , 14 lots each will be allowed to 37% applicants.

If 100 people have applied for 68 lots, 37 of them will be allotted 14 lots each.37% of 100 is 37.

If 10 people have applied for 126 lots, 3.7 rounded to 4 will be allotted 14 lota each.

If 3 people have applied for 71 or 75 or 175 or any no., 3 x 37% = 1.11 rounded to 1, so only 1 will be allowed 14 lots.

I hope I am clear and simple enough.

@SmartyPanks... So irrespective of no. of lots, there is lottery within all lot categories.
If only 1 applicant for 160 lots, you will not get any allotment, if 2 than 1 will get 14, if 3 than 1, if 4 than also 1, if 5 than 2 will get 14 lots each. Seems you were unlucky in lottery or were only one for 160 lots.

Yes I did not get allotment even after 10 lakh application

Now this will fly. No selling pressure under 340 inspite of markets being negative.

Nice

The share has fallen rs20. What should I do. I'm ready to hold for months as it can give good results. Fundamental good company right . As market condition is not good so the stock is falling. But it's good stock to hold

@ayan roxx
That's where we make mistake friend. You should have booked the good profit atleast part of it..It is good to book profits at stages inspite of holding all the chunk..Since market sentiments are weak u still had the chance of getting the big bite and u still have it..

@ayan roxx

Exit. Currently it's overvalued due to future potential, Mirza International (Red Tape) is available at much cheaper valuations. It generates higher profit and is valued only 1/5th of Campus.

Campus is not worth 5 times Red Tape. Regardless of future potential. Even if Campus sustains it's levels, it'd be Mirza International which will cover up for it due to undervaluation and give better returns.

Do your own research, not a tip.

FY2021
CMP 365
EPS 0.88
PE 367/0.88* =417

* Correction in value. Appreciate every suggestion and comments over. These calculations.

Market will be kept above 16k for LIC listing.
Campus will hover around 400 for this week ...if it reaches 430 before Thursday..take an exit.
I'm holding 2 lots for short term...(2-3 months) and quarterly results are in line.....

@monster zero thank you.. what target is been seen for 2-3 months?

Another factor taking a toll on profit margin could be gst hike from 5% to 12%. On footwear, textile and clothing.
Expect march results to be slightly low...but still better than relaxo and bata.

Don't think those are free shares .
Again they debit the money in future .So keep the money in your bank account

Exchange will not let its money go, keep that amount in your account.
They will debit anyway. Wait for it.
Thanks

Nothing comes for free mate..👍

yes, its not going to be free (Sadly :p). thats why i said "time being".

i just never heard or read about this kind of situation and just wanted to share and know others perspective.