Navkar Corporation Limited IPO Message Board (Page 3)

where is pinky jain

Bolo

First trade on NSE Rs 152

152 listing price

Navkar nse open at 125/- now is 140/-

No trade in first 10 minutes. Huge margin between selling price and buying price. list at discount more than 20%

listing time?

Seems like listing will be in discount around 140.

LISTING WILL BE AROUND AT 185 ... ITS MY GUESS

Navkaar ki listing nahi hue kya

navkar will list on 210 or above be positive guys!!!!!

JUDGEMENT DAY TODAY AND CURTAIN WILL BE LIFTED OF NAVKAR
BEST OF LUCK !!!!

Today on CNBC TV18 in it morning courage informed navkar will list at discount may list at 125 or even lower given peers in the secondary is available at cheaper price even with 30% growth in FY 16 and FY 17 bottom line. Btw navkar growth year on year has been below 24%. IMO it will list at discount

You want people to lose their hard earned money right? You too shall suffer heavy losses in the future. This cruel karma will come back to bit you hard..Remember

Best of luck mate......".Where ignorance is bliss, ''tis folly to be wise."

listing 200

AAJ TO BAZAR BADHA, LEKIN CHINTA KA VISHAY BHARAT-PAKISTAN KE BICH SARHAD PAR KAFI TANAV HEY, AUR YUDDH JAISI PARISTHI HEY. KISI BHI WAKT DONO DESHO KE BICH ME CHHOTA YA BADA YUDDH SHURU HO SHAKTA HEY. AISE HALAT ME HUM TO AGAR NAVKAR ME NORMAL LOSS HOTA HO, TO LISTING KE BAD TURANT HI SALE KAR KE YUDDH KE DAURAN DUSRE A GROUP KE BLUE CHIP SHARES BUY KARNE KE LIYE PAISE KA INTZAM ABHI SE KAR KE RAKHNE KA PAKKA NIRNAY KIYA HEY.

THANK YOU. AUR KAL LISTING KE BAD TURANT SALE KAR DENEWALE KAL 3:30 BAJE IS SE BHI ZYADA MAZA KARTE HONGE.

I know HNI kicked up Navkar IPO , becaof that Retail investors got more allotment.

But WHY THIS HAPPEN?
BECAOF MARKET FALL DOWN ON MONDAY 1600 POINTS. SO HNI STOPPED PAYMENTS IN ASBA AND HNI PORTION UNDERSUBSCRIBED, BUT THAT PORTION ALLOTTED TO REAIL INVESTORS..

IN TODAY''S CONDITIONS MARKET IS GOING UP... HNI AND QIB AND BIG INVESTORS WANT TO BUY FROM OPEN MARKET.
FII WILL ALSO TAKE A PART IN BUYING IN INDIAN MARKET.

SO, NAVKAR WILL LIST ON A AVERAGE PREMIUM. BUT WITH IN 2 WEEK IT WILL TOUCH 250.

CRUDE OIL IS PLAYING HELPING ROLE IN ALL LOGISTIC AND CFS SHARES PRICE UP

THE SMART INVESTORS, WHO WANT TO AVOID BIG LOSS, WILL DEFINATELY SELL WITHIN 1 HOUR AFTER LISTING AND THEIR MONEY. >BUT, THE INNOCENT INVESTORS WHO WILL FOLLOW THE FAKE MESSAGES ON THIS BOARD ABOUT STRONG FUNDAMENTAL, BRIGHT FUTURE AND WILL HOLD FOR EVEN SINGLE DAY, WILL SUFFER BIG LOSS. QIB AND HNI WILL SELL AT SPEED OF ROCKET ON LISTING DAY.

Navkar Share will list on a Good Premium.

Nifty will open +80 tomorrow.

Market is bullish today if same tomorrow navkar may be list above 172

Shares of Navkar Corporation Limited which had tapped the market with its simultaneous offer for sale and fresh issue is to list on the markets on Wednesday the 9th of September. The company had raised Rs 510 crs by way of a fresh issue and Rs 90 crs by offer for sale in a price band of rs 147-155. The issue was priced at the upper band and was oversubscribed 2.85 times. HNI portion remained undersubscribed at 0.960 times.

SEBI had mandated that HNI’s must bid only through ASBA so that cheque bouncing did not happen. What is visible in the allotment of Navkar Corporation is a shocker and one would earnestly hope that the regulator plugs this loophole at the earliest or the whole community will suffer.

The HNI category received bids for 54,86,250 shares out of the bucket size of 61,22,449 resulting in a subscription of 0.90 times. The allotment was done for 16,56,250 shares resulting in a surplus of 41,50,221 shares which were carried over to the retail category. The bucket size varied becathe calculation of the shares is done on the lower end of the price band and the allotment was done at the higher end. Even considering that the fact remains that of the HNI bids, a mere 30.18% was finally allotted and as much as 70% of the bids were withdrawn or had no funds when bid forms were presented to the bank for blocking.

Readers would recall what had happened in the case of Vaswani industries where the allotment itself became a subject of discussion and SEBI had come out with strictures against many of the players in that IPO. This IPO too raises a number of questions and it would be imperative to know the identity of these bidders, the syndicate/sub syndicate member through whom they bid and the reasons for their action. This also puts the entire role of HNI’s who mysteriously are allowed to bid upto one time of the entire issue under a cloud as time and again they have been found to be misleading investors and creating a false demand.

Withdrawals on similar ground where blocking of funds may not have happened due to paucity of funds but becathey were a small percentage of total issue went unnoticed. Here in the case of Navkar hype had created a buzz of the issue being subscribed over 200 times in the HNI category while in reality it remained under subscribed. Very clearly HNI’s have ensured that the bid forms do not get blocked with funds in the bank account and they losses which may arise on listing.

I am reminded of the famous Birbal episode where Akbar asks the whole kingdom to bring a container full of milk and pour in the tank/pond in the night. Next morning when Akbar visits the pond with Birbal he finds that everybody has poured water thinking what will his/her contribution of one glass matter. The moral of the story very clearly was that everybody did the same and the net effect was zero. Here to in the case of Navkar the way that withdrawals have happened is certainly a cafor concern and remedial action will have to be taken by the regulator at the earliest before we move to the revised timeline for e-IPO from January 1 2016.

The fate of Navkar on listing will be known only tomorrow and more of it tomorrow.

The final verdict will come tomorrow i have taken the risk after seeing the logistic boom in the market even after a good correction the logistics company is still commanding at a good price. no doubt the vrl is much better in logistics space but even after 25 % correction in the market the logistics only faced minor correction and the recovery is much faster then any other space looking at the other logistic space my view on navkar is that it may list at a premium.

You are right septa.
Listing will see huge selling pressure from retail and hni who kicked the ipo are waiting to see the downfall. Min 30% correction is sure this means near abount110 by 1300hrs tomorrow.

PLZ NOTE SALE IN MARKET OPEN SELL TIME IS 2 P.M. TO 3 P.M