Embassy Office Parks REIT Message Board (Page 2)

How can I cancel my application which I have applied through HDFC ASBA for this ipo ???

Application is in the HNI/NII Category.

Withdrawal may not be permissible.

MY VIEW IS EMBASSY IS A GOOD FUNDAMENTAL STOCK AND AND ALSO FOR LONG TERM VIEW AND ALSO ONE LISTED COMPANY JIYA ECO BSE 539225 LOOKING GOOD FOR BIG GAINS KEEP ON RADAR TARGET 110 EXPECT SOME BIG INVESTOR MAKE BIG POSITION

Can one apply for this offline? And also use the asba option?

Those with a portfolio size of more than 10 lacs and want to diversify to some extent this is a good opportunity for them. However this will not give super returns but will give constant reasonable return over a period of time.

REIT in commercial premises is a great concept. but my problem is that property prices are up 5X in last 15 yrs thanks to QE after the lehman failure in USA ..QE has been rolled back and us is not pumping a trillion dollars a yr in its economy . interest rates are on the way up.. property market in general as per case shiller index is highly overvalued in India

Demand is not picking up even after Modi ji gave lots of lollypops. Corporates are deleveraging . moving their setups in outskirts to save resources . This is a good bet for higher risk investors with moneybags like R K Damani who can take such risks

2.4 lakh is a bit risky bet . as irbinvit can be a similar type issue of big size traded at 35 percent discount against its issue size. lets see how hni /qib responds. 1-2 rupees minus opening is even a bit risky as lot size is too big.

In ReIT when we get our principal amount i.g.Rs.300.00 back or otherwise we have to sale in market at market price ?

It is not a equity shares, I think it is bond and selling in NSE BSE very difficult.

MSTC - Only 225 cr. IPO.Date extend for subscription.
REIT - 4750 cr. IPO.Will remain undersubscribe.

MSTC - Only 11,000 rs. application.
REITs - 2,40,000 rs. application.Double than SME IPOs.

Another flop ipo.
Days of all good IPOs have gone.
people lost faith in stock market.
only Index making new highs not shares.

REIT is not a flop but since this is first time for many investors, they are playing wait and watch. One more reason for poor subscriptionof REIT may be IPO lot is 2 lakh but market lot is 1 lakh. So the risk is lower in secondary market

Issue already subscribed by .75% of the issue

Why & how can reviews of HDFC Securities has so many typing mistake. Very unpleasant to read the article. Expection is high with HDFC pedigree

Dear Small
There are 59 Anchor investor. Mostly FII.
Ramesh Damani invested in this counter through trust.
Anchor list is very good.
I am going to apply if FII subscribes well in the main IPO time.

@ RAJAKUMAR,
Sold or kept ?

will get 8 to 9% return yearly and around 3 to 4% annual appreciation. better than fd and debt mutual fund

You can check with chittorgarh team. I am not active on this forum since a long

Can you please share any earlier post if you are 8 years old in this group.Because we can't see any other post except this REIT.

Just to understand will it have any lock in period if I get allotted or like normal mainline IPO ??? Also listing duration ???

In my View, it's actual valuation is around 240-260/unit not 300 (30K - 8K+3.7K) NAV because there is debt in book of appr. INR. 8000 Cr. And promoter asking the market value of asset after 10 years. In reality when we acquired any rental asset we capitalise it as per current annual rental and not at DCF based valuation + capitalisation of 11 th year rental (which will be highly inflated because of rental escalation clause) below are few more concerns such as
1) Hotel asset which form roughly 15 % of total. NAV Value, where cash flow is not sustainable.
2) solar business is having defenit life plus tarrif rate which it offering to DISCOM its more than double the current available tarrif, In latest development DISCOM is evaluating option to revised the tarrif to lower rate.

But Having said that.. Commercial ( Office and Industrial park) REIT is one of best asset to invest in commercial assets. As per my Calculations fair value comes around 240-260.

Just to correct revision in tarrif by discoms is not specifically addressing to embassy soalr Park. I just want to highlight the current ground reality in general

Can you elaborate how you got this value- preferably from the DHRP pages to check?
I have tried to check but unsuccessful.
Also, what would be the earning per unit?

This is first company to list stock exchanges
For FII 75%
Others 25% (For retail and HNI comes under same category)
Minimum bid lot is 800 units and there after multiples of 400 units.
My expectation is fii and hni will pour money in this company.
For Retail ready with money. We cannot compete with HNI even then we can apply if gets allotment then we are lucky.

Dear Rajakumar,

The Total BID is 800 Units x 300 = Rs.2.40 Lacs.

in retail category the maximum amount is Rs.2.00 Lacs

Then how our investment will be considered in retail category.

Dear Lucky
Yes No Retail Category. I meant all this board members are retailers so we apply other individual category.
Thats why i stated we cannot compete with HNI.

There is no RII category for this, you have to apply under other individual category where you can apply min 800 units after that multiple of 400

Please attension this is not Equity Shares so don't go for it
IT is real estate investment trust (REIT)

Can I apply in this?

Is this IPO an worthy one to apply ?Is it priced in right price band ? How will u guys rate tis ?

Minimum bid 800 unit and multiple 400 qib 75% other investors 25%