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Radiant Cash Management Services Limited IPO Message Board (Page 2)

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107. Master Hari Om |   Link |  Bookmark | December 28, 2022 3:59:55 PM
This IPO is totally flop show.
106. Gavin |   Link |  Bookmark | December 28, 2022 9:21:31 AM
is this IPO a sale through or date extended or scrap?
105. arunARUN |   Link |  Bookmark | December 28, 2022 8:37:16 AM
IPO Guru IPO Guru (1800+ Posts, 1600+ Likes)
Issue has scraped through. As issue subscription number does not include anchor numbers
If we include anchor numbers in subscription so far then issue can scrape through. Though bHNI subscription looks doubtful (looks like driven from company linked sources)
104. Eklavya |   Link |  Bookmark | December 28, 2022 8:18:21 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
So, after all, Jainam Brokers and TopShareBroking were the most accurate in their reviews.

They were also right in some previous cases.
104.1. Eklavya |   Link |  Bookmark | December 28, 2022 8:35:08 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Correction:
*Jainam Broking and *TopShareBrokers....
103. Thiagarajan Ramasamy |   Link |  Bookmark | December 28, 2022 7:23:26 AM
Top Contributor Top Contributor (600+ Posts, 200+ Likes)
IPO pricing norms should be tightened by SEBI in the larger interests of the Investor Fraternity.
103.6. Thiagarajan Ramasamy |   Link |  Bookmark | January 3, 2023 8:02:02 PM
Top Contributor Top Contributor (600+ Posts, 200+ Likes)
Dear Mr PKRAJ,
I greatly appreciate your detailed response to my post. I wish every Investor make good money , by following a strategy that suits him. So long as one's gains out weigh his losses, it is well and good. Be it Mainboard or SME IPOs , some were good and some were bad. Let the Investor be cautious and choose the Right ones.
I thank all the fellow members for their valuable inputs.
103.7. Mr. Singh |   Link |  Bookmark | January 3, 2023 10:57:27 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Hello all,
In my opinion SEBI is doing fact check and if a company is giving correct details in RHP.
If some agency start deciding IPO price or make rule for that then you are indirectly saying that no IPO would list below IPO price. Stock market is not for that kind of investment.
Nobody knows what is a right price of a company as in market we value a company based on its future potential.
102. Pritesh Jain |   Link |  Bookmark | December 27, 2022 9:27:08 PM
Will ipo date be extended because the subscription is very less only 0.53 times?

What will br done now??
102.1. Deepblue |   Link |  Bookmark | December 28, 2022 12:05:49 AM
They will reduce the size of the issue. I don't think so extension will help them.
101. Vipul M Shah |   Link |  Bookmark | December 27, 2022 9:59:49 AM (400+ Posts)
What will happen if it does not receive 90% subscription ?
101.7. Thoth |   Link |  Bookmark | December 27, 2022 6:10:46 PM
GiG
Agree with your comment that QIB have started selling on listing day same like retail. And initially they were not willing to subscribe this ipo but some persuasion have been made.
Good that retails and HNIs are getting prudent day by day and soon IPOs will come on ground level Valuations.

FIIs have continously complained about valuations of Indian businesses that are bringing IPOs but such is the greed and lust of money of LMs and Promoters/Stakeholders that want to squeeze every penny from the market and later not able to provide results in the quarterly results. All we get disappointing figures and then sell off begins.

Mainboard IPOs are in shamble condition. May be public will stop applying in IPOs of these money mongers.

Hai Hind . Jai Bharat
101.8. God is Great |   Link |  Bookmark | December 27, 2022 8:38:17 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Dear thoth...Krisna said "जो हो रहा है वह अच्छा ही हो रहा है और जो होने वाला है वो भी अच्छा ही होने वाला है। Hari om 🙏
100. RAYMANGIA IPO MEMBER |   Link |  Bookmark | December 27, 2022 6:47:43 PM
To addminji this issue exted ya flop ?????pl update??
100.1. arunARUN |   Link |  Bookmark | December 27, 2022 8:31:38 PM
IPO Guru IPO Guru (1800+ Posts, 1600+ Likes)
issue can be revived tomorrow with lower price band
99. arunARUN |   Link |  Bookmark | December 27, 2022 7:44:15 PM
IPO Guru IPO Guru (1800+ Posts, 1600+ Likes)
Good retail thinking giving this issue a bye
98. Justalearner |   Link |  Bookmark | December 27, 2022 4:43:31 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
QiBs bailing it out
98.6. Abhijeet Kumar |   Link |  Bookmark | December 28, 2022 10:34:06 AM
Sundaram MF is the biggest to partiticapte in the loot by bailing this poor quality ipo with retail invetsor money
98.7. jajo |   Link |  Bookmark | December 28, 2022 9:29:11 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
@Abhijeet Kumar,
Because both the companies are Chennai based.
97. Anari Investor |   Link |  Bookmark | December 27, 2022 9:28:37 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
So friends, what is the final view. Should avoid completely or can go with little quantity??
97.1. arunARUN |   Link |  Bookmark | December 27, 2022 9:38:17 AM
IPO Guru IPO Guru (1800+ Posts, 1600+ Likes)
When it is confirmed allotment- Then either you should go and buy to extent you can or avoid in total
What is the idea of Salami in IPO. You can do Salami on listing day too
97.2. Anari Investor |   Link |  Bookmark | December 27, 2022 7:09:21 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
@arunarun :- Yes I avoided. Didn't apply even a single lot.
96. Vnrao |   Link |  Bookmark | December 27, 2022 6:40:32 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
₹98/- premium on face value of ₹1/- share is exorbitant. SEBI should look into this. Anyway, Retail/Hni punished the Issue. Should be an eye opener for future OFS IPOs.
96.1. PeterEngland |   Link |  Bookmark | December 28, 2022 7:57:48 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@Vnrao, SEBI doesn't verify the valuation proposed by the promoters, it's upto us Retail investors to teach them a lesson (QIB fund managers are going to apply anyways as it's public money and they might be getting some cut just for applying).

95. Imhilli |   Link |  Bookmark | December 27, 2022 5:25:33 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Main board IPO ka dhajjiya ud raha hay... very poor patch going.
94. Deepblue |   Link |  Bookmark | December 27, 2022 4:13:25 PM
Radiant Cash Management Services Ltd

Bidding for has been extended

QIB/HNI/NIB till 6.00PM

Retail till 7.00PM
93. NRockz |   Link |  Bookmark | December 27, 2022 4:01:49 PM
Applied 1 retail lot already.. not sure what to expect.. hoping for positive listing...
92. svh |   Link |  Bookmark | December 27, 2022 3:51:29 PM
IPO Guru IPO Guru (2300+ Posts, 3600+ Likes)
Easiest task for linkintime.
No need to burden on shoulders for lottery process.
This time linkintime got lottery for easy allotment process and quick money.
Firm allotment to all categories without any doubt.

IPO will sail through as QIB fulfills 90%.
🙏👍
91. Swar |   Link |  Bookmark | December 27, 2022 3:42:47 PM
Good company but higher valuation.
One can buy around 80
Don't compare with AGS.Ags is debt ridden.
90. SONMAYA |   Link |  Bookmark | December 27, 2022 3:28:54 PM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
QIB/HNI/NIB Bidding for Radiant Cash Management Services Ltd has been extended till 6.00 pm, while Retail bidding has been extended till 7.00 pm
89. jajo |   Link |  Bookmark | December 27, 2022 3:04:39 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Looks like after some 'management' the QIBs and bHNIs coming forward to help the issue scrap through.
88. ARJUN'S EYE |   Link |  Bookmark | December 27, 2022 2:49:44 PM
IPO Mentor IPO Mentor (700+ Posts, 600+ Likes)
Cash manage करनेवाले IPO manage करने मे नाकाम रहे... ये तो तारीख लेकर रहेंगे...