Rudra Gas Enterprise Limited IPO Message Board (Page 5)

Rudra GMP increasing. Better to apply in Rudra than Alpex.

Can hit upper cercuit on listing.

hi all ,can we use the refund amt of this issue on 14/2 to apply for the ipo of
wti cabs closing date 14/2 , members pl advise

अप्लाई करो रुद्रा में
मुनाफा कूटो मुद्रा में

I have withdrawn my IPO application from ICICIDirect ASBA, when will I get my account unblocked ?

ICICI Direct ASBA will unblock your amount tomorrow during banking hours.

6 apps in retail, 2 lot hni, 3 lot hni.

Final 2/3/3/3/3/3

My own cut paste from Alpex:

Now Mainboards have already closed. My strategy for TWO SME IPOs (Alpex & Rudra) with whatever small balance left in accounts is as under:

1. Accounts in which Balance is for one lot only : I will go for retail application in Alpex and skip Rudra.
2. Accounts in which Balance is for Two lots : I will apply one lot retail in Alpex and Rudra both.
3. Accounts in which Balance is for more than Two lots : I will apply one lot retail in Alpex and remaining lots in Rudra.

Points to be considered for above combination:
1. Alpex size is Rs 75 crores ( QIB:HNI:Retail ratio 50:35:15) meaning Rs 10.62 crores for HNI and Rs 24.78 crores for retail Investors.
Rudra size is Rs 14 crores ( HNI:Retail ratio 50:50) meaning Rs 6.72 crores each for HNI and retail Investors.
2. Alpex has fancy premium of Rs 190 against price of 115 which will attract heavy subscription whereas Rudra has a premium of 42 against issue price of 63. As such, no one can predict exact listing price but one should take note of the fact that Rudra is a BSE share and hence cant list above 90% of the issue price, therefore GMP has its own limitation and cant rise beyond a certain level.
3. Financials and future prospects of both are good.
4. Subscription figures at the end of day 2- Alpex vs Rudra (133 vs 117 times in retail ) & (73 vs 26 times in HNI). If the current subscription trend continues, retail category of both will subscribe by same times with Alpex having a marginal lead. But in HNI, Alpex will have nearly Three times subscription that of Rudra.
5. This time, Due to shortage of funds, many will go for one lot for each of the SME IPOs.

Anyone having a different view may kindly advise so that I can also rebalance my strategy.

Thanks for reading such a large post.

​
@M Gupta Thanks dear .I hv applied in 57 lot each and if I m alone then definitely will get one lot . Lets take a round that How many lots will be marked if there are following counts of 57 lots
1 5 applications
2 6 applications
3. 7 applications
4. 8 applications
5 9 applications

I think two lots will be available if there are 7 applications. What's your view ...
Txs in advance .

​ @M Gupta Strategy works . Got one allotment as predicted in 57 lot applications.

This IPO not visible in Groww.

Groww doesnt allow bse sme. For nse sme you have to manually search.

LM beeline
Bumper GMP
Expected upper cercuit on listing. ( Hope ye lead manager Hem securities ke jaisa nahi ho, jisne Harshdeep me marwa diya)

First day response better in alpex, so I think avoid alpex and apply in rudra for easy allotment. Hope I get allotment this time in Rudra.

i wil aply here

What will be the expected Retail and NII subscription for Rudra gas limited IPO?

Retail : 200-250x Expected
HNI : Near to 300x looks likely

Thanks

Revenue is increasing reasonably , also PAT is on the rise. Borrowings are under control(companring last three years). LM Beeline has a good track record. Want to apply FF, but have to distribute funds to Apeejay, Alpex(expected to subscribe atleast more than 500 times), capital sfb, jana sfb and Rashi peripherals.

I think, its wise to put more money in this as this can give us more returns as this will subscribe less in hni aa compared to Alpex.

Agreed with you @M Gupta sir. This ipo allotment will be relatively better compared to Alpex.

Jana ₹67/=
Hotel ₹35/=
Capital finance ₹43/=
Alpex ₹180/= ₹190/=
Rudra gas ₹31/= buyer
Wti cabs 105/= ₹115/=
Italian edable ₹16/=
Gabriel ₹46/= 51/=

भाव भगवान छे और भाव बताने वाला आप ही तो छे

GMP UPDATE SME IPO
Rudra Gas ₹41/= ₹43/=

Financials look good.
Company operating in Gas Distribution Pipeline projects.
City Gas Distribution through pipelines is still in nascent stage in the country, lots of cities to cover which means lots of future business for this kind of companies.