Quess Corp Ltd IPO Message Board (Page 33)

Offer open 29th or 1st july? Eagleye ji on ur post it is 1-07-16 to 7-07-16

Quess:
Opening 29th June
& Closing 01st july

Refer my earlier posting ...




Eagleye Jun 23, 2016 12:15:43 AM IST
Quess Corp Ltd IPO

QUESS CORP LIMITED
(Refer Page No 457 of RHP dated 20th June 2016)

28/Jun/16 – Participation by Anchor Investors
29/Jun/16 – Bid/Offer Opening Date
01/July/16 – Bid/Offer Closing Date
07/July/16 – Finalisation of Basis of Allotment
08/July/16 – Unblocking of Funds from ASBA Account
11/July/16 – Credit of Equity Shares to Demat Account
12/July/16 – Commencement of Trading on NSE/BSE

This week''s IPOs:-
• Quess Corp :- The integrated service provider company is coming up with Rs400 crore issue
which will open on June 29 and close on July 1. In the issue with offer price of Rs310 to Rs317, the
applicant will have to deposit Rs14265 for 45 shares. Listing will be on BSE and NSE. Thomas
Cook promoted company has acquired 9 companies till now. More details are given in separate
box.
Subscription :- It may get 20-25 times subscription in retail, 50 times in QIB and 100 times in
HNI segments.
Discovery Price :- IT could be at upper price band of Rs317.
Allotment/Refund :- Allotment could be on July 7 and fund will be unlocked on July 8. In retail
segment one out of 14/15 applicants may get 45 shares through lottery system.


GREY MARKET MOVEMENT
Premiums highly volatile in Mahanagar Gas and Quess Corp
Premiums come down to buyers 110 in Mahanagar Gas
Application rates come down from 1400 to 800 in Sakar Bazaar:
Deals stopped with 6 times subscription in retail
Quess Corp premiums at buyers 170

Mahanagar Gas :- The premiums starte at Rs95/1000 but reached 140 and application
rates started at Rs100 and reached 1400 level.
This week, the premiums came down to 90/95 and application rates came down to 800/850.
Brexit brought premiums to 80 and application rates to 800 level.
Record subscription resulted in higher premiums of buyers 110/112, while deals blocked in
Sakar Bazaar.
Quess Corp :- The buyers are in the market at premiums of 1700. Only 10% shares will be
allotted in retail so hardly any deal taking place for application form. But in Sakar Bazaar ''Subject
to'' forms are being bought at price of Rs4000. It may witness fancy.

Credit in Account :- Share may be credited in account on July 11.
Listing :- Listing may take place on July 12 around Rs470-500 and
may cross Rs525-550 level in short term.
* SME IPO:-
• Zeal Agro :- Gujarat based company is coming up with Rs14.75
crore issue offering 11.35 lakh shares at price of Rs130. More details
are given in separate box.
• KKV Agro Powers Ltd :- The company will raise Rs3.56 crore
through offering 1.12 lakh equity shares at price of Rs320. More details
are given in separate box.
* PSU Disinvestment :-
• Oil India :- The government has appointed seven merchant bankers
for raising Rs2000 crore by offering 10% (6.01 crore shares) stake.
The current stock prices are around Rs350
Coal India :- The company will buy back 10% stake from the government
at cost of Rs6000 crore. The company has Rs38000 crore
fund on hand.
• Hudco :- The government has granted nod for 10% stake sale to
raise Rs565 billion.
* Upcoming Mainline Issues:-
• L&T Infotech :- It may come up with issue on July 11 to raise Rs1500
crore. It has cut the size by 20% after advice by investment bankers.
• Advanced Enzyme :- It will come up with issue offering Rs60 crore
fresh equity and 44,73,470 crore shares through OFS in third week of
July.
• RBL :- It may come up with Rs200 crore issue in end of July.
• Dilip Buildcone :- The company may come up with issue offering Rs430 crore fresh equity
and 1136 millions shares through OFS by end of july.
• VarunBeverages :- It has filed DRHP for Rs1000 crore issue.
• PNB Housing :- It has appointed three merchant bankers for Rs2015 crore IPO.
• Metropolis Health Care :- It plans Rs1000 crore IPO.
• Sohanlal Commodities Management :- It plans Rs500 crore issue.

great piece of information :)

Sukriya BKing

Thanks

I have same ?? of comment 78.
Pl reply eagleye ji

Sorry eagleye madam i cannot see yours comment at 78 but tell me what is the chance to use money of quess as you earlier coments that L& t date postponed to kid july

Thanks

Quess Corp IPO money will release on 7th ya 8th July

Eagleye ji,plz cofm bid/offer closing date

Arup sir,

It is already mentioned here above ...

please make just a little effort to read the data provided ....




Quess
29/Jun/16 – Bid/Offer Opening Date
01/July/16 – Bid/Offer Closing Date

please tell me l & t infro date is confirmed or not quess money is available for this ipo or not

No official announcements made as yet for L&T Infotech IPO

But hopefully before the Quess IPO closing date we should have the schedule of L&T Infotech IPO ... So you will have enough time to decide whether you want to apply in Quess or conserve the money for L&T Infotech

when someone say SELL QUESS CORP ON LISTING AND NOT TO BUY ON LISTING IT MEANS NOT TO SELL ON LISTING DAY AND ADD MORE TO GET HUGE GAIN

mehul Sir,

May I ask you a personal question ?

Huge idea Mehul CACA

NO BUYER FOR THIS LOTTERY ALLOTMENT IPO ONLY APPLY AND WAIT FOR REFUND OTHERWISE AVOID AND APPLY L AND T INFOTECH IPO TO GET ALLOTMENT

@septa, @eagleeye kindly suggest if one can go for applying in this IPO via IPO funding route in NII catagory (considering the odds are in favour of very low allotment)

People who will not be allotted Quess corp shouldn''t attempt to purchase in secondary market in temptation. That will cost u so much.

It is very likely that it will correct sharply after listing, being a high PE multiple stock.

L&T Infotech gets Sebi clearance for Rs 2,000-crore IPO

Rip Van Winkle Sir,

SEBI gave their clearance to Larsen & Toubro Infotech ... on 20th May 2016 (which is 74 days ago) ...

Quess Corp IPO

I would rather sell all my applications @kostak bhaav ... it does not make sense to me ... to test my luck ... when the odds of allotment are obviously so low ...

Sir can i get ur no plz my id is thakkar_aman17@yahoo.co.in

With due respect to other boarders , one thing is certain, no one even so called experts is willing to purchase quess corp , off the market at 500 per share (offerprice +current GMP as given in this forum) being with such high PE multiple than why we are so enthusiastic for this Quess corp. We had just last seen at the time of Team lease and Thyrocare. They lists at premium and corrected sharply.

Advised to all members , even if they apply , will sale the allotted share on listing otherwise they will regret for opportunity loss incurred.

qcl few chance for allotment.. another snowman log.

Absolutely right sir...... Snowman subscribed almost 75times & it came below issue price whigh is above 50PE.....

Quess GMP 183 - 187

Chem cho Jun 25, 2016 5:30:42 PM IST
kingsuper Jun 25, 2016 4:14:34 PM IST
Warren Jun 25, 2016 2:17:10 PM IST


I completely agree with each one of you ...

In Quess Corp IPO
The RII category will have only 12,61,830 shares and with a lot size of 45 shares … this translates to only 28,041 applications getting an allotment of 1 lot each.

Keeping in mind that Mahanagar Gas IPO attracted 9,93,000 applications ... Even if we consider 25% lesser number of applications in Quess ... it will still be 7,50,000 applications ... which translates to an allotment ratio of 1 : 26.75 or in other words ... 03.74% chance of an allotment.

Hence, in conclusion, even though the issue is very good and it may list around 65%-75% premium to issue price (as per market reports) ... for the RII participants It is purely a game of “SUPER LOTTERY” !!!

what is the reason 25% application form in this ipo

Dear Eagleeye
You are doing a great job !
DHRP shows retail reservation in quess at 35%. Please recheck and confirm.
In that case all your subscription figures will change accordingly

Aster DM Healthcare files for $300 mn IPO; Olympus, IVFA to part-exit | VCCircle

http://www.vccircle.com/news/healthcare-services/2016/06/25/aster-dm-healthcare-files-300-mn-ipo-olympus-ivfa-part-exit

Yes,

Aster DM Healthcare Limited ka DRHP dated 24th June 2016 is already available in the public domain

This IPO maybe considered for listing gains as it has first mover advantage in the segment. However, caution for high P/E of 45 and it is expensively priced.

So what? Should one not even apply because the subscription would be high? Should one stop thinking about listing gains? Allotment may be high but apply everyone. It maybe a super lottery but so what?

One must apply but not dream of listing gains , as chance of getting allotment is very rare , do not get angry , to increase your BP

Dear all

Please find the latest revenue details for L&T InfoTech - FY 2016

Revenue - Rs 6143 Cr
PAT - Rs 922 Cr
EPS (Basic) - 56.26
EPS (Diluted) - 56.13
Face value - Rs1

Expected price band is somewhere in between 750 - 800

L&T InfoTech Direct peer comparison with Mind tree

Revenue - Rs 4356.5 Cr
PAT - Rs 604.9 Cr
EPS - 35.95
PE - 18.28 As on 24-06-2016

So... Expecting the price band between 850-880 (15-16 PE)

GMPs
MGL 106-109

Quess 176-180