Initiation of Refund date 27/9 Credit of shares to demat account 27/9 And Listing date is also 27/9. Is it possible entire procedure will be done on the same day ?
Some positives about MTCL : 157 Crores Revenue in FY21 against a market cap of 150 Crores. 107 Crores worth of assets in the balance sheet growing YOY. A good order book for coming years. Part of its debt to be paid by the money received from the IPO. Unique Business (Will be the only listed company on the exchange with such business) Good BRLM Good promoters Can surprise on the listing day positively.
me too got in BEW Eng, surprised with the listing and still UC
39.2. lokes| Link| Bookmark|
September 17, 2021 2:25:42 PM
IPO Guru (4300+ Posts, 5100+ Likes)
hi aniket, did you got allotment in BEW Eng also ? it was highly subscribed in retail so seems allotment was tough....and in platinumone , it was subscribed 2.65 times so you might have got 1 lot in retails....anyways both are doing good, specially BEW...congrats....
Whats your opinion on markolines traffic? any idea why its having such a low subscription till now ? prevest denpro got good subscription till yesterday also
39.3. Aniketiaf| Link| Bookmark|
September 17, 2021 3:32:32 PM
IPO Guru (1800+ Posts, 10200+ Likes)
MRavichandran ji, Congratulations on your bumper profit. πππ
@ lokes, Thanks. I was not applied in BEW eng.
Regarding Markolines, Surprisingly the subscription figure is low till now. It may be due to competition with Prevest Denpro ( Better one) and one additional day of subscription ( 20 sep) .
BTW, I have also not applied in Markolines till now.
Thanks.
39.4. lokes| Link| Bookmark|
September 17, 2021 3:43:45 PM
IPO Guru (4300+ Posts, 5100+ Likes)
ya looks like prevest denpro is better...i have applied 4 retail applications and one hni applications in that, lets see if i get or not since hni subscription crossed huge number of times there....looks like your message on sansera ipo forum had a impact so new hni jumped in ;) in this markolines traffic, i will also apply in retail only 3-4 applications on monday 2-3pm
Thanks Aniketiaf. I have applied in Prevest with 100 lots yesterday, thought its huge gamble, but the NII subscriptions shows now a right decision.
@Lokesh, For Markolines, surely I will apply atleast 50 lots on Monday. my assumptions that NII fig would reach 25 times
39.6. lokes| Link| Bookmark|
September 17, 2021 8:13:48 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@MRavi: Good that you applied for 100 lots so that now atleast one lot you will get for sure.... Can anyone reply me that In sme ipo''s , allotment is always in multiple of lots only or can it happen in shares also in hni category like in mainboard ipos where we get some shares after getting one lot when applied for more lots than subscription? means MRavi can get only 1 or 2 lots or he can get 1 lot + 400 shares like in mainboard ipo?
As i came to know that in sme ipo we can sell shares in lot only after listing also means here we can sell all 1600 shares only.
@lokes, surely I will get one lot, slim chances to get 2 lots (3200 shares). In SME, its lot allocation only (no split shares like main board.) & your last statement infact answered your question :) Thanks
39.8. lokes| Link| Bookmark|
September 20, 2021 2:42:26 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@aniket: many people are asking for your guidance since subscription is not good till now, so you can reply with your opinion, these are the times when people need your proper guidance.......else by looking at clear-cut subscriptions anyone can tell to apply or not.
39.10. Aniketiaf| Link| Bookmark|
September 20, 2021 3:09:30 PM
IPO Guru (1800+ Posts, 10200+ Likes)
@ Lokes, It''s sme. Here fundamentals will not necessarily work. Also a large amount will be at stake. Hence it''s always a tough decision to give a clear advice in such a scenario ( Due to low subscription) Btw, I have applied because I can take risk as I have gained heavily in stock market so 10/20/30 thousand loss will not affect me But can''t advice the same to others.
Applied in 1 lot, hope will get allotment and can get some profit after listing.
39.12. lokes| Link| Bookmark|
September 20, 2021 3:13:49 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@aniket: thanks for replying and providing your honest opinion.
ya i also feel whoever can take risk for 10-20K, they may apply but should be able to hold also for some time , applying just for listing gain may be riskier.
@Aniketiaf, thanks for your opinion. @lokes, I did apply 10 lots at 03:30 pm (knowing poor HNI figures), not looking for listing gain. Hoping the business is good, over a year time frame, this may give good returns.
39.14. lokes| Link| Bookmark|
September 20, 2021 10:38:30 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@MRavi: so you will get 3-4 lots, good to hear that you are not just for listing gain so wont create selling pressure on listing day ;) if people wont put much sell orders on listing then anyways it will have impact on listing and price can go up...and ya, hoping that secondary market won''t crash much...
@lokes, definitely wont sell for listing gains. I did not sell any recent IPO allotments. I will just wait for few quarters for the results and take a call to book loss, if really bad. if company doing good, will keep for long term.
39.16. lokes| Link| Bookmark|
September 20, 2021 10:56:50 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@MRavi: Good approach...i am also holding most of the recent ipos....even ami organics and vijaya diagnostics also....just sold 3-4 ipos only from this year allotment, holding remaining all for medium/long term...
mota bhai i can''t tell you that... it''s all about strategy..... par jo bhi kiya he 100% safe he..:)
38.4. lokes| Link| Bookmark|
September 20, 2021 10:36:15 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@chalak: No issues :) i already saw your comment in different post here and came to know that you have applied in this and already sold your application in grey market also