Even if fund house manage to save this IPo on listing day with little gain then also it make sense to leave this IPO because risk is much higher here than rewards. This time one should apply only profit making IPO which leave something on table and price is better
136.1. MehulStk| Link| Bookmark|
May 13, 2022 4:00:30 PM
Top Contributor (400+ Posts, 100+ Likes)
Is there any way we can know which QIBs applied in?
Got allotment for 48 shares of LIC, bank mandate was approved, but now it shows payment failed in upi account. Amount is not debited. What should i do now?
With me when i approved the upi mandate the balance didnot got on hold and i got the allotment too,but today morning automatically it was debited towards lic with reference SEBI in message box when i checked the history so it will get deduct maintain the balance
Through the anchor book portion, Delhivery has allocated 4.8 crore equity shares to investors at the upper end of the price band of Rs 462-487 per share. SBI Focused Equity Fund picked up more than 30 lakh equity shares, ICICI Prudential bought 31 lakh shares while Goldman Sachs picked up more than 23 lakh shares through the anchor portion. Morgan Stanley has picked up 1.95% of the anchor portion while Societe Generale has bought 0.5% of the same.
Anchor book portion has 64 investors in total, picking up more than 4.8 crore equity shares of the company. Out of these, more than 1.45 crore equity shares have been allocated to domestic mutual funds. Delhivery said that a total of 7 domestic mutual funds participated in the anchor book portion through 17 schemes. Domestic funds included SBI, HDFC, ICICI prudential, Mirae Asset, Franklin India, Invesco, and Nippon Life India.
It is not worth investing at this price point and should not sail through. But maybe QIBs would make it sail through as they do it with every IPO. Good that retailers have learned the lesson.
Even if it manage to sail through it will be loss to retailer and promoter will be happy with the money .also it is same Softbank which will get money as got through similar Paytm issue. Retailer have lost much in Paytm hope they don't make mistake again.
131.5. antarix| Link| Bookmark|
May 12, 2022 6:48:21 PM
IPO Guru (1000+ Posts, 700+ Likes)
Even their own employees are not interested. Just 12% is filled up.
Offer for sale is from Crlyne,. Softbank( Paytm investor exit) , Deli( China momentum fund). Clearly shows china and Japan investor exit with maximum and overvalued valuation to get maximum money. Retailer should show power and not let Chinese fund take away public retailer money
@IPOANALYSIS In present subscription figures 1.90 times of QIB, even all the subscription from HIN and Retal is withdrawn or canceled, this IPO will sail through. The subscription figures of QIB is very high. Every thing can be managed in Share Market. We have to decide for self only.
Now we know why these asset management companies ( Mutual funds ) are not doing good and loosing faith of general public. There are multiple place to shop at this time, why choose Delhivery!
Congratulations to all , as in DILIVERY (ALLOTMENTS) IS FULL IN DELHIVERY . tHOSE WHO NEVER GOT ALLOTMENT WILL ALSO GET THE ALLOTMENT. VISIT BANK , CANCEL THE FEEDING AND SAVE MONEY -SAJJAN RAJ LALWANI
It's a you scratch my back, I scratch yours relationship these big/smart money people have. Those QIBs who invest here will be returned the favour by the LMs when the QIBs build the book in some other issue.
Some of the top AMCs are in the Anchor list. How can they be avoided? Mutual funds have so much money that they are putting it everywhere. They will keep collecting their charges at the expense of our money.
124.7. Jetha Lal| Link| Bookmark|
May 13, 2022 11:30:03 AM
IPO Guru (1000+ Posts, 2100+ Likes)
@Aminesh Kumar AMC i.e Asset management company which are Mutual Fund.
122.3. antarix| Link| Bookmark|
May 13, 2022 12:37:05 PM
IPO Guru (1000+ Posts, 700+ Likes)
Delhivery could not deliver itself. 🙄
122.4. arunARUN| Link| Bookmark|
May 13, 2022 12:41:59 PM
IPO Guru (1900+ Posts, 1600+ Likes)
@antarix Wait for 5 PM atleast
121. antarix| Link| Bookmark|
May 13, 2022 12:40:56 PM
IPO Guru (1000+ Posts, 700+ Likes)
Interesting thing is that some of the brokers have given clear 'Apply' rating like Yes Securities, Ventura etc. What is this that they can not see but employees of Delhivery can clearly see.
Delhivery My analysis..... Strengths- 1- One of the fastest growing company in this sector. 2- Covers over 17000 pin codes. 21 automated sort centres, 122 gateways, 93 fulfilment centres, 2521 direct delivery centres. Negatives- 1- Loss making 2- overvaluation. Good profitable companies available at lower valuation. 3- negative Cash flows.
Yes good for consumers and bad for investors poor management founders are technical persons they knows how to perform operations but they still need to learn how to make business profitable
I have a personnel experience with this company, i want to share... I had gone to Delhivery office with a packet to deliver from Delhi to Mumbai... The frenchise owner charged me Rs 60 and give me receipt of just Rs 9. I object, he told that the actual amount is more than Rs 60 u can enquire, they are doing this for saving tax. I forced him to give me full amount receipt, then he took extra 12 Rs from me and gave me Rs 72 receipt.
Now anyone can assume, how the company is showing losses in their balance sheet and cheated indian govt.