strange to see such a luke warm response from Investors...
269. R R Patel| Link| Bookmark|
September 19, 2018 4:08:09 PM
IPO Mentor (800+ Posts, 3400+ Likes)
IRCON International Ltd. IPO: Subscription figures (BSE+NSE) as on last day at 4 pm: QIB - 12.29X (closed) HNI - 4.92X (closed) Retail - 8.41X Employees - 0.34X Total - 9.35X Retail application wise 6.84X Approx 7.5 lakh applications till 4 pm Good company, strong fundamental, good order book, fairly priced so i have already applied.
AT 4 PM QIB 12.29 (Closed) HNI 4.9 (Closed) Retail 8.4 times Total 9.34 times. Total application 7,49,150 Retail application wise 6.83 times Muted listing. + Rs.10 or - Rs.10
263.2. BullOverBear| Link| Bookmark|
September 19, 2018 11:47:16 AM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ------------- No. of times Subscribed @ 11:44 ------------- QIBs - 0.01 NII - 0.30 RII - 4.75 Emp - 0.18 ------------- Total- 1.64
263.3. BullOverBear| Link| Bookmark|
September 19, 2018 12:39:40 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ------------- No. of times Subscribed @ 12:38 ------------- QIBs - 0.10 NII - 0.32 RII - 5.36 Emp - 0.22 ------------- Total- 1.89
263.4. BullOverBear| Link| Bookmark|
September 19, 2018 1:04:46 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ------------- No. of times Subscribed @ 01:02 ------------- QIBs - 0.12 NII - 0.36 RII - 5.49 Emp - 0.24 ------------- Total- 1.94
263.5. BullOverBear| Link| Bookmark|
September 19, 2018 1:20:14 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON- ~QIB fully Subscribed~ ------------- No. of times Subscribed @ 01:16 ------------- QIBs - 2.12 NII - 0.49 RII - 5.89 Emp - 0.24 ------------- Total- 3.04
263.6. BullOverBear| Link| Bookmark|
September 19, 2018 1:44:46 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ------------- No. of times Subscribed @ 01:40 ------------- QIBs - 2.12 NII - 0.57 RII - 6.16 Emp - 0.26 ------------- Total- 3.15
263.7. BullOverBear| Link| Bookmark|
September 19, 2018 1:53:18 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ------------- No. of times Subscribed @ 01:50 ------------- QIBs - 2.12 NII - 0.57 RII - 6.24 Emp - 0.26 ------------- Total- 3.17
263.8. BullOverBear| Link| Bookmark|
September 19, 2018 2:05:32 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ~ NII near to full subscription~ ------------- No. of times Subscribed @ 02:02 ------------- QIBs - 2.33 NII - 0.96 RII - 6.31 Emp - 0.26 ------------- Total- 3.35
263.9. BullOverBear| Link| Bookmark|
September 19, 2018 2:14:19 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ~ QIB & NII taking lead~ ------------- No. of times Subscribed @ 02:10 ------------- QIBs - 5.28 NII - 0.99 RII - 6.39 Emp - 0.26 ------------- Total- 4.78
263.10. BullOverBear| Link| Bookmark|
September 19, 2018 2:22:22 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ------------- No. of times Subscribed @ 02:21 ------------- QIBs - 8.61 NII - 1.02 RII - 6.45 Emp - 0.26 ------------- Total- 6.39
263.11. BullOverBear| Link| Bookmark|
September 19, 2018 2:40:19 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ------------- No. of times Subscribed @ 02:38 ------------- QIBs - 8.98 NII - 1.07 RII - 6.73 Emp - 0.27 ------------- Total- 6.67
263.12. BullOverBear| Link| Bookmark|
September 19, 2018 3:14:07 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ------------- No. of times Subscribed @ 03:10 ------------- QIBs - 10.67 NII - 1.31 RII - 7.71 Emp - 0.32 ------------- Total- 7.83
263.13. BullOverBear| Link| Bookmark|
September 19, 2018 3:48:08 PM
Top Contributor (300+ Posts, 100+ Likes)
IRCON ------------- No. of times Subscribed @ 03:44 ------------- QIBs - 12.29 NII - 2.49 RII - 8.11 Emp - 0.33 ------------- Total- 8.90
262. P M| Link| Bookmark|
September 19, 2018 3:47:35 PM
(1100+ Posts, 1100+ Likes)
Subscription @3.45pm ================ QIB ------------ 12.29x NII ------------- 2.49x RII -------------- 8.11x EMP ----------- 0.33x Total -------- 8.90x
At 2.50 pm Qib crosses 9 times. Whatever times subscription happens it does not matter for listing gain in Govt. Co. Because Cochin and Rites heavily subscribed but listing gain not much as market expected. IRCON also listing will be very minimal. Ircon after listing it will perform well because its book value is Rs.400 and Eps is Rs.42. It may go beyond 600 level.