"5 news which were floating in market 1) For COVID Emergency meeting by ministry 2) SEBI raids on 100+ operators (this was known yday morning) 3) AIF ban for investment in risky assets (known before market) 4) Exposure margin increase on F&O Stocks by NSE & BSE (known before market) 5) Over exposure in IPO stocks (Money stuck here)
HNI/Prop's over leverage positions got stuck due to above news floating in market and then stop loss hitting kept on market going down fast."
1 to 2% fall after such an one sided rally and you are saying bloodbath.
32. Modi Adani| Link| Bookmark|
December 20, 2023 12:11:13 PM
Top Contributor (400+ Posts, 100+ Likes)
@Admin @ Chittorgarh.com Please correct IPO name at following place. On IPO Watchlist 2023 : Credo brands marketing limited IPO On GMP page of all shares : Mufti jeans IPO
No, it was the case earlier where you were guaranteed a certain amt of shares on proportionate basis in oversubscribed issue.
Lets say, an IPO's HNI section got oversubscribed by 20X n you had applied 30 lots, then you were guaranteed 1 lot n few more shares on the proportionate basis .
Now, even if you apply 100 lots, still it would be a lottery. If you are lucky, you get the full allotment, otherwise not.
You apply 1 lot in SHNI n get lucky, you would get all the shares worth 2 lakh+, whatever the minimum SHNI lot amt is.
Its like buying a lottery ticket now. If you are lucky, you get the shares, otherwise not.
In mainboard IPO there is no extra advantage in single application of more than minimum lot or lots in retail, SNII or BNII category if that category is oversubscribed APPLICATION WISE
@Mukesh Elon Adani Yes I got in IRM energy. If BNII category is oversubscribed application wise then if you get allotment u will get shares worth slightly more than Rs two lakh. Hence I got shares worth slightly more than Rs two lakh
@Sumant Kumar If any category is oversubscribed APPLICATION WISE and if you get allotment, u will get 1 lot in case of retail category. In case of SNII or BNII category u will get shares worth slightly more than Rs two lakh, or no allotment
Which ipo is having better chance of allotment, credo or happy forging? Planning to apply 4 BHNI application.
28. k l patel| Link| Bookmark|
December 19, 2023 8:49:20 PM
Top Contributor (400+ Posts, 100+ Likes)
@Dilip Davda ji you said in your analysis that Debtor days' period is 113 days, do this company sell dresses on credit to its customers? as being a retail seller if this is true then 113 days is unacceptable.
Crow Verdict: I'm personally not too bullish on the apparel industry, which is why I avoided Vedaant Fashions. But if we look at its post-listing performance as well as that of Go Fashion's, it's obvious that the market loves men's wear and women's garments. So I don't see any major issue in applying here. Just the pure OFS and a single-brand owner are the troubling points. Apply if GMP sustains and QIB crosses 15x.
Crow's skin in the game: 3 retail applications.
Crow's last APPLY recommendation: Flair Writing Industries (65% listing pop with post-listing LC; currently up 22%)
27.1. Seth.| Link| Bookmark|
December 23, 2023 11:54:03 AM
IPO Mentor (1000+ Posts, 400+ Likes)
@Crow Thanks for reviewing bhai🙏 What's you view for listing can it list 50% above seeing small size And should we hold for long term 🤔
@Admin @ Chittorgarh.com Till closing time (4 pm) it was showing the NII subscription as 179 times, how come it has jumped to 357 times now? Is there any mistake in previously shown numbers?
21.1. AryanRaj| Link| Bookmark|
December 18, 2023 7:16:21 PM
Top Contributor (600+ Posts, 100+ Likes)
Due to some error cg is showing double data. So actual data is half of this.
It's 1st Half is A bit sluggish , Q3 is the best Which contributes 40% of revenue for the Year
20.2. UjwalG| Link| Bookmark|
December 18, 2023 12:25:31 PM
IPO Guru (1000+ Posts, 500+ Likes)
Correct, Q1 demand can be weak due to inflationary environment. Plus i dont see upcoming quarters any better due to ongoing wedding season and this doesnt operates in that wedding wear category. I could be 100% wrong.
19. arunARUN| Link| Bookmark|
December 16, 2023 3:44:57 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Profit looks ramped up for IPO. SO on purpose coming with June data only valid till Dec 31, 2023 only Must be thinking investors are fools?
@newgen consultancy Sir with so many ipos lineup & funds are limited ,pls share your view/list of ipo which can't be ignored....pls throw some light on this
17.4. B.M.SURANA| Link| Bookmark|
December 20, 2023 12:32:34 PM
IPO Guru (2600+ Posts, 4900+ Likes)
✍🏾My Priority wise IPO
🦜1-Azad Engineering Limited- LISTING GAINS & LONG TERM 🤣2-Happy Forgings Limited - LISTING GAINS & LONG TERM 👖3-Credo Brands Marketing Limited - ONLY LISTING GAINS 💰4-Muthoot Microfin Limited - LONG TERM & SMALL LISTING GAINS Or LOSS* 💎5-Motisons Jewellers Limited - LISTING GAINS ONLY सुनो सब की करो अपने मन की! 🙏🙏🙏
LM : 1.Kotak Mahindra Capital 2.BofA Securities 3.Axis Capital 4.SBI CAPS 5.Citigroup Global 6.Goldman Sachs India 7.ICICI Securities 8.BOB Capital Markets