Tejas & Eris not a bad stock..but huge subscribsion from cdsl all catagery wise..no good response both ipo..one of high network and others pharma, i expected green both stock at listing time..
Really tejas, eris, CDSL soaked investments for GTPL. Still given great performance as 4th IPO of June. Lets wait and watch for Listing gains. GTPL(167) is cheaper then tejas(257). Also only profit making company in this sector. Jio wont come that early. Those who says cable days gone rethink Jio will step into home by fiber optic.
Looking from the context of so may concurrent IPOs, response to both Eris and GTPL is good.They are rightly priced, credit goes to the smart merchant bankers; may not leave much as listing gains; but investors will not lose but gain in long term. Definitely not for the greedy who want to become rich overnight through immediate listing gains.
GTPL Hathway IPO: Considering decent subscription by QIBs, HNIs (In spite of CDSL sunami), fairly good financials and Gujarat connection, decided to take calculated risk and apply for short term gains,
@ 02:40 PM QIB - 1.46X HNI - 0.97 RI - 0.6544X Total - 0.954 X Issue size is 244Cr at Upper Price Band, it just needs 4.6% or investment of 11Cr more to get fully subscribed.
81.1. ShareView| Link| Bookmark|
June 23, 2017 2:57:08 PM
IPO Guru (2300+ Posts, 3600+ Likes)
It''s not necessary all retailors have bidded at upper price band of 170 . More than 20 % are bidding at lower price band just to tease them
76. Eagleye| Link| Bookmark|
June 22, 2017 12:24:53 PM
IPO Guru (6600+ Posts, 21900+ Likes)
GTPL IPO – Schedule – Page #794 of RHP 20th June – Anchor List 21st June – Offer Opens 23rd June – Offer Closes 29th June – Finalisation of Basis of Allotment 30th June – Unblocking of ASBA 03rd July – Credit to Demat Accounts 04th July – Listing on NSE & BSE
GTPLH is the leading MSO at Gujarat and expanding rapidly in other states. Hathway Datacom holds a stake in the company. Further, the company is perhaps the only MSO posting profits year on year whereas all other DTH companies and MSO like DEN etc. are posting losses. Further, GTPLH contributes about 40% revenue and 55% profit to the consolidated balance sheet of Hathway. So, why not subscribe to it??
Your Views @EagleEye and @Septa
76.2. Rkg| Link| Bookmark|
June 23, 2017 9:26:44 AM
Top Contributor (500+ Posts, 200+ Likes)
Eagleye furnishes only facts & figures, these days. Intelligent comments, for which she was truly regarded as Master, are now missing.