A snap of Article by money control..15th December.
At the end of last month, the mutual funds’ holding value in Global Health was Rs 980 crore, Archean Chemicals Rs 930 crore, Bikaji Foods Rs 530 crore, Fusion Micro Finance Rs 350 crore, Kaynes Technology India Rs 220 crore, Fivestar Business Finance Rs 140 crore, Keystone Realtors Rs 100 crore and in Inox Green Rs 50 crore.
Banks are flying...so you should book profits until economy stabilizes. Once everything is back to normal like interest rates and all. Banks will settle to optimal prices. Take advantage of the bull run. Sector by sector things are cyclical. Keep eyes on real estate stocks, right now they are in pressure but soon they'll see an uprise.
@Monster Mutual Funds holding in latest few IPOs give an impression that (1) Global Health and (2) Archean Chemicals are likely to go great for holding. Fortunately I am holding 3 lots in (1) and 1 lot in (2). What is your opinion about both of these specially and others as well. I have sold Bikaji at 398. Also holding Kaynes Tech. Get Going.
50. arunARUN| Link| Bookmark|
December 17, 2022 4:29:11 PM
IPO Guru (1900+ Posts, 1600+ Likes)
This issue response so far is proof that Indian investor will invest on basis of GMP only without even knowing depth of that market I can understand selling in grey and then applying (you may make money or may lose) but atleast you have hedged the downside to quite an extent
50.1. jay here| Link| Bookmark|
December 17, 2022 4:47:53 PM
IPO Mentor (700+ Posts, 500+ Likes)
Mediocre ipos with good sustainable gmp(20%+) is better than good ipos with low gmp.Exception always there like medanta(low gmp high listing),cartrade(good gmp low listing). Excluding a few exceptions 20%+ gmp always rewards applicants. Grey premium should be considered to categorize ipos in bad/worse/good/better categories. Pov of only short term invetsor like me:) Thanks.
50.2. arunARUN| Link| Bookmark|
December 17, 2022 6:50:42 PM
IPO Guru (1900+ Posts, 1600+ Likes)
@jay here Unless you know depth of grey market it means nothing. I have seen issues starting with 40% GMP and listing negative Indian investor would rather trust GMP than what is written in RHP is source of problem. Logically GMP should always be lower than listing price but in how many cases it happens. When GMP fruit has turned stale multiple time how can one rely on it for well earned money
50.3. jay here| Link| Bookmark|
December 17, 2022 9:55:37 PM
IPO Mentor (700+ Posts, 500+ Likes)
Gmp may be manipulated sometimes but if you observed all the ipos those sustainesd with 20%+ gmp till last day of closing day gave positive return.so the risk reward is still favourable to those who apply on the basis of gmp still end up being in green with good margin.most of the times the issues lists almost as same as premium ecceptions are alwaya there.so IMO apply depending on grey is okay :) Im not favour of applying on only basis of grey. people do rely on grey as it is convenient for them. This topic has been discussed among all and there is no conclusion for this :) Keep minting cg family.
@chittorgarh.com I request to chittorgarh.com to put some fundamental details like Market Cap,PE Ratio,Book Value,Debt Equity ratio etc along with the details of the IPO so that all the investors can get Basic information.🙏🙏
If the processing of IPOs is made for 7 days or so, is going to give subscription figures on higher side Financial problems are likely to be solved for small investors who wait for unblocking of funds. Refunds will be available in short period, listing and payment, all will take short time. Only lucky investors will get the allotment. Even today lucky investors are getting allotment. Let's see what happens. It will be all for the best for investors in Share Market. My views.
@Student yes gmp ka dekhenge vse bhi abhi bhi kaha he chal rha hai ELP😂@PKRAJYes if this process will start than sure all will take less time as you mention😄
46. Finexpert| Link| Bookmark|
December 17, 2022 8:39:04 PM
Top Contributor (400+ Posts, 200+ Likes)
44/47
45. abc xyz| Link| Bookmark|
December 17, 2022 8:13:36 PM
IPO Guru (1100+ Posts, 1000+ Likes)
Balaji Speciality ipo received SEBI nod, which is a subsidary of Balaji Amines - one of the leading manufacturer of Aliphatic Amines in India.
44. B.M.SURANA| Link| Bookmark|
December 17, 2022 4:04:02 PM
IPO Guru (2600+ Posts, 4900+ Likes)
Chennai GMP ₹40- ₹42 Dusre City, Town, State se rate ka fark ho sakta hai "No" Argument no "Behashbazi"
44.5. B.M.SURANA| Link| Bookmark|
December 20, 2022 6:25:55 PM
IPO Guru (2600+ Posts, 4900+ Likes)
@Goriya Go SowcarPet , Vepery, Puruswakkam Or Contact your Broker. अरे भाइ हर किसी से GM नहीं किया जाता! गारंटी चाहिए. नये आदमी, या अनजान आदमी की क्या गारंटी है सौदा पटाएगा? खरिदने वाले को अगर 1 लाख नफा हो रहा है और बेचने वाले के 1 लाख नुकसान तो लेनदेन होगा क्या गारंटी है? GM के Terms & Conditions है पहले वो सिख लो! GMP ₹28- ₹30
44.6. Imhilli| Link| Bookmark|
December 20, 2022 7:34:52 PM
IPO Guru (1200+ Posts, 700+ Likes)
@Suranaji, I have some doubts about anchor investors. I know that 33% of the QIB part is allotted to the anchor investors and the allotment is done ahead of the opening of the IPO. Does it mean that only 67% of the QIB quota I.e. 50%, which turns out to be around 33.33% is only available now to the QIB in open market? Moreover , how do you evaluate the IPO just by observing the Anchor Investors? Thanks in advance 🙏
44.7. B.M.SURANA| Link| Bookmark|
December 21, 2022 8:17:20 AM
IPO Guru (2600+ Posts, 4900+ Likes)
Ab ki Baar 50 Paar🔥🔥 Everybody is Getting chance to buy at every level, Huge Volume in This Counter Seems Some Biggies Accumulating Huge Quantity in Grey.... Expecting lower Subscription in This Counter because of SME Rush....
42. B.M.SURANA| Link| Bookmark|
December 17, 2022 4:03:51 PM
IPO Guru (2600+ Posts, 4900+ Likes)
Chennai GMP ₹40- ₹42 Dusre City, Town, State se rate ka fark ho sakta hai "No" Argument no "Behashbazi"
I think ye ipo same electronics mart ki copy he not on any fundamentals or sector but valuation discount Actually elin is better isme kadak listing gain hoga nearly 30-35%possible
39. CoolAsh| Link| Bookmark|
December 17, 2022 2:44:15 PM
Top Contributor (500+ Posts, 100+ Likes)
Do we know any other competitors other than those mentioned by Dilip sir in his review?
38. Finexpert| Link| Bookmark|
December 17, 2022 10:02:57 AM
Top Contributor (400+ Posts, 200+ Likes)
SEVERAL POINTS TO CHECK OF CAUTION 1.MORE THAN 90% PRE IPO HOLDING IS PROMOTER AND FAMILY. HOWEVER ALL ARE NOT PROMOTER ALMOST 40 % PROMOTER FAMILY IS SHOWN AS PUBLIC SHARE HOLDING. 2. IN SEPT 2022 ONE PROMOTER WAS ALLOTED SHARES AT 80 AND AFTER 6 MONTHS IPO AT 247. 3. PROMOTERS ARE EXITING FOR CASH. SO THEY ARE PRE-EMPTING DEGROWTH OF BUSINESS. 4. IF WE APPLY FOR THIS IPO THEN PROMOTER WILL GET 250 CRORES IN CASH AS OFS.
IPOs are like real estate these days. Previously both used to leave something on the table for Investors. Now nothing like that. All issues have lot of hidden facts.
बहुत अज़ीब बात है पहले तो कंपनी ने अपने शेयर प्रमोटर को सस्ते में दिया अब प्रमोटर अपना माल तीन गुना रेट में रिटेल पब्लिक को टिकाने की फिराक में है और पब्लिक है कि बिना सोचे समझे पैसा लगाने को तैयार है
36. Liger| Link| Bookmark|
December 16, 2022 9:11:58 AM
Top Contributor (300+ Posts, 500+ Likes)
OFS size has been reduced from about ~600cr initially planned to 300cr finally. Even with reduced size of OFS, Promoter holding is reducing to low @32.93%. When company business is doing good why Promoters want to exit that too at a low PE of ~30 when its peers are commanding over PE of 100+ ?? Something fishy.
Logo ko kisi tarike se nahi pohcha ja sakta Price Kam ho to dikkat Price jyada ho to dikkat Price peer ke saath ho to bolte hai listing ke liye gap nahi rakha Abhi forum me sab log sirf ofs ofs karte rehte hai Are bhai ofs aaj kal se nahi aate barso se aate rahe hai aur aage bhi aayenge ofs matlab company buri nahi hoti clean,gr infra, nykaa, campus aisi kai company ne acche return diye hai jo ki mostly ofs thi abhi ka example hi Lelo bikaji & five star IPO jo ki full ofs the wo 25-30% return de rahe hai aur keystone jo mostly fresh issue tha wo negative return de raha hai
Ofs doesn't indicate promoters lose faith in company or company will not do good things in future.
36.5. jay here| Link| Bookmark|
December 16, 2022 11:35:06 PM
IPO Mentor (700+ Posts, 500+ Likes)
Totally agree with param patel's views.
36.6. Krishna T| Link| Bookmark|
December 16, 2022 11:37:38 PM
IPO Guru (1600+ Posts, 900+ Likes)
In short IPO aata hai is company me gadbad hoti hai because usko market se paisa chahiye lekin fir bhi hum apply karna nahi chhodte :)
36.7. Gujju IPO| Link| Bookmark|
December 17, 2022 8:49:22 AM
Top Contributor (400+ Posts, 100+ Likes)
@Param patel Agree with you @Krishna T Aapki bat sahi he Koi bhi company ho uske sab points positive nahi hote he ek-do points to negative rehta hi h Kisi company ke negative points jyada hote he or positive kam fir bi last day ka subscription dekh kar ek ya do lot ka risk to har koi leta hi he Suno sab ki lekin karo apne dil or dimag ki apne risk appetite ke hisab ke
36.8. Liger| Link| Bookmark|
December 30, 2022 2:28:03 PM
Top Contributor (300+ Posts, 500+ Likes)
Most part of the manufacturing in India are happening thru outsourcing. There are dozens of contract manufacturers in Electronis. With the initial 4-5 companies going public and they enjoying huge market Cap, soon you see more and more companies coming with their IPOs.
34. Smile.| Link| Bookmark|
December 16, 2022 8:56:37 PM
IPO Guru (1500+ Posts, 800+ Likes)
Kfin +5 then why to bet???? Elin 40+ but can sustain till listing??? Depends largly on market conditions So let's focus on sme......