Does this IPO have any chance to be called off? I get that the QIB''s and NII''s may just dump all the money tomorrow, but suppose that doesn''t happen what then? As per rules can a company call off the IPO at the last moment or after the time limit?
While the pricing is certainly very high I am surprised by the very lukewarm response to this company which is virtually a monopoly in the segment.
Yup company does have that option of extending. But having researched about this company quite a bit I am a little surprised by the very lukewarm response. Irrespective of listing gains or expensive pricing I believe a share of such a company should be in our portfolio.
My gut feel says QIB''s and NII''s will pour in tmrw. Heart wants to buy and mind says no. Will wait till 2 pm tmrw and take a decision based on the subscription levels. Cheers :-)
I already applied. In the market where Pratap Snacks got listed on premium, I can''t see any reason for listing at a discounted rate.
170. phrao| Link| Bookmark|
October 10, 2017 7:47:55 PM
Top Contributor (400+ Posts, 500+ Likes)
I am not applied. Due to KARVY
But my advice is SUBSCRIBE because. 1.debt free. no interest burden. 2.best bonus paid. 3. Good growth and profit record 4.Less expeces. 5.Good administration system. 6.Number of shares very less. 7.Fund players must buy after listing for long term.. 8.It is 100% Portfolio stock
I will apply IEE IPO More chances Of allocation in IEE IPO There are less allocation chance in Godrej and MAS IPO as it is over subscribe. So Investment + Allocation + Return is good in IEE than Godrej and MAS IPO. IEE GMP 400+
can I apply for Indian Energy Exchange IPO? What is the GMP and listing price of this IPO?
162. jajo| Link| Bookmark|
October 10, 2017 3:25:02 PM
Top Contributor (300+ Posts, 200+ Likes)
IPO Experts and Brokerage houses are recommending to Subscribe IEEL IPO with rider that it is fully priced, but good for LONG TERM benefits. My humble question is why one should block money in a fully priced IPO risking a possible doubtful listing? Or should we help the issue sail through successfully at our cost? Retail Investors should be alert to say NO to highly priced issues.
In IPO market, no one can say the fair value, It is all sentiments and market condition at the time of subscription as well as listing. Even Godrej agrovet may give -ve listing gain if market goes down on the day of listing or happening of any event (North Korea drops bomb on Japan, South Korea or say US). If market remain above 10000 (NIFTY) till listing of IEX, then definitely you will get listing gains.
I had applied for both godrej and mas. I have only 15000 to release. If I got godrej I can apply only one iex or gic. Which is better for listing gain. Please help me
Why people are trying to promote their shares in this forum meant exclusively for IPO?? They buy first and want its price to go up after that and use all sorts of means to promote it.
Admin/moderator, please note and ban CA nkn@160 from this forum. IF by prefixing CA before his name, he is a qualified CA, then this is professional misconduct fit to be reported to the institute ICAI.
159. phrao| Link| Bookmark|
October 10, 2017 5:02:38 PM
Top Contributor (400+ Posts, 500+ Likes)
Damit. This is KARVY I AM NOT APPLIED. WOREST ALLOTMENT PROCESS.
158. R R Patel| Link| Bookmark|
October 10, 2017 4:23:38 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Fully agreed with Uchit Patel and i am also going to avoid this issue due to fully price. In December-2016 Reliance Infra sold their entire stake (4.122%) @875 per share in IEX. It may give good return in long term but who knows how long as in MCX and even not sure that it may give atleast 10-15% profit Although allotment chances will be more than Godrej and MAS. Many people have also fund shortage issues. So i will not apply in this IPO and wait for GIC. rrpjodhpur
158.1. R R Patel| Link| Bookmark|
October 10, 2017 5:27:44 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Sorry typing error. Reliance Infra sold their entire stake (4.122%) @825 per share in IEX. Now they are asking it''s double@1650.
157. R R Patel| Link| Bookmark|
October 10, 2017 5:23:54 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Indian Energy Exchange Ltd IPO: Subscription figures on day 2 @5PM:- QIB - 1%* HNI/NII - 6% RII - 84% Total - 43% *excluding anchor I will avoid this and also suggest to avoid. It''s my personal view.
Usually, FII and QIB apply on the last day. I have also applied for this IPO for long-term. Company is good, no doubt about that. Let us hope for the best.
LKP Research is bullish on Exide Industries has recommended buy rating on the stock with a target price of Rs 266 in its research report dated October 06, 2017.