After getting the profits Manaymar ipo, Ruchi soya fpo am applied small hni category waiting same will repeat. Am only considered low subscription and response From QIB . Am not Considered any fundamentals, Proffits. It right decision or not give some experts reviews. How ever am strongly believe Delivery is a good company.
Dear retailers, please don't loose your hard earned money. Some points to be taken in mind before applying in IPO. 1. Never ever invest in a loss making IPO. 2. Most of these type of IPOs are called new age company. 3. These companies have to invest too much money before being profitable and also time period required for that is not predictable. 4. Even Indian Ace investor The Great Shri Rakesh Jhunjhunwala ji, dose not try to invest in this type of companies. 5. Most of the investments here are from global biggies like Alibaba, Softbank, Carlyle, Tiger Global and all. 6. And when this type great investing companies find that they have reaped much and its time to leave, they propose for IPO, or compell for it (as in the case of Paytm, SoftBank compelled for its IPO.) 7. Now for taking its huge benefit for the last time they come with IPO rather come with OFS at much higher cost, as you see in the case of Paytm, Policybazzar, Zomato and now Delhivery. 8. And now for future be aware of IPOs like OYO, OLA, OLA ELECTRIC, FLIPKART, SNAPDEAL ...... 9. Sometimes it may give listing gain, as in the case of Zomato, but will come to its actual price afterwards. 10. Afterall we are here to make money by investment and not buying Lottery Tickets. 11. And yes you can't blindly rely on recommendations given by Financial analysts or companies.
159.1. arunARUN| Link| Bookmark|
May 15, 2022 9:57:44 AM
IPO Guru (1900+ Posts, 1600+ Likes)
Not true in all cases. Take case of Burger Kings now Restaurant brand. IPO was 60. Listing was 130. Peak was more than 200 and now script around 90 Price was attractive at 60 for a business which was seen to benefit post covid scene
They will list this at a premium and won't let the price fall until the retail investors buy and then show the real worth of this once the retailers are trapped.
Gland Pharma. Vijaya Diagnostics. They had a visually similar subscription pattern and listed with premium.
158.3. ipobull| Link| Bookmark|
May 13, 2022 5:14:17 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Gland Pharma was a profit making company and the issue of around 6500 Cr was subscribed by over 6 times by QIB. So, certainly no comparison between the two. This is loss making company. But I think this time Retail acted smartly.
158.4. arunARUN| Link| Bookmark|
May 15, 2022 10:02:19 AM
IPO Guru (1900+ Posts, 1600+ Likes)
@ipobaby Where is trap in Gland and Vijaya?
158.5. lokes| Link| Bookmark|
May 15, 2022 1:39:11 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@arunarun: yes in gland, there was no trap since after good listing also, it kept on rising but in vijaya diagnostic , after listing with premium and staying above issue price for some days, it went down a lot below issue price, so that was trap he meant.
Regarding Vijaya, all diagnostics went down. Lalpath 4200+ was peak and now its 2200+ basically its a secular decline because covid revenue is gone and many new entrants came in so for some more time there will be margin pressure.
I own both.
158.7. Dowg| Link| Bookmark|
May 20, 2022 3:00:46 PM
Top Contributor (300+ Posts, 100+ Likes)
Those who applied for this IPO and Forum veterans, I have a doubt.
In this IPO, the retail was 57% and QIB was 266% subscribed.
Now, if someone applied in retail at lower band of Rs.462/- will they be allocated shares? Even though QIB applied at upper band of Rs.487/- and the overall subscription was 163%?
@Chaheta Those who have applied on lower price band, chances of allotment is almost nil (except only one situation that IPO allotment by company done at the lower band.)
But company has issues shares to anchor investors at top price band and QIB subscribed at upper price band. Therefore whatever remaining shares of retail as well as Hni category (after allotment at higher price band) will be allotted to QIB at upper price band.
This means that even if the retail was NOT fully subscribed, PREFERENCE would be given to higher band investors irrespective of the category (QIB,HNI,NII,Retail).
If that happens, what's the use of having these categories...!!