Sandhar Technologies Limited IPO Message Board (Page 15)

Clearly avoid
GMP falling
No premium left at the time of listing

Withdrew my applications.

Kadàra gmp

Good company..but why not good subscription figures??
i still go with it and will see at listing

GMP of Sandhar & Karda ?

Sandhar Technologies Limited IPO
Latest Subscription Figures as on Last Day (Day 3) @ 12:00 PM
QIB (NSE+BSE) = 0.89X + 0.00X = 0.89X
HNI (NSE+BSE) = 0.01X + 0.08X = 0.09X
RII (NSE+BSE) = 0.15X + 0.25X = 0.40X
Total (NSE+BSE) = 0.33X + 0.14X = 0.47X

Sandhar Technologies Limited IPO
Latest Subscription Figures as on Last Day (Day 3) @ 11:00 AM
QIB (NSE+BSE) = 0.89X + 0.00X = 0.89X
HNI (NSE+BSE) = 0.01X + 0.07X = 0.08X
RII (NSE+BSE) = 0.13X + 0.19X = 0.32X
Total (NSE+BSE) = 0.32X + 0.11X = 0.43X

Agreed that Sandhar is Market Leader on 2 wheeler Locking system. The same was told about Precision Camshaft as well. At this moment it is trading at 50% discount to its IPO price. My Intuition says not to apply in this IPO. So skipping it...

latest subscription ???

Latest subscribe &gmp

I have decided to skip this IPO due to high valuation.

I am already gradually accumulating much better established and performing companies in the same segment.

While comparing this share with Motherson Sumi, please be aware that face value of Motherson Sumi is are. 1/-, face value of Sandhar share is Rs. 10/-
Valuation can't be termed expensive.

Just dont understand why people subscribe to this ipo with asking pe of 44 when cheaper and better autoparts manufacturing companies liķe sundram fastners are available in secondary markets

It is expensive than motherson sumi, market leader in auto ancillary.

Subscription Day - 2
================
Qualified Institutional Buyers (QIBs) ---------- 0.89x
Non Institutional Investors (NII) ---------------- 0.08x
Retail Individual Investors(RII) ----------------- 0.27x
Total ------------------------------------------------- 0.40x

No.of Applications (Approx) ------------ 24581
Retail Applicationwise (Approx) --------- 0.20x

GMP on 20 Mar at 16:00Hr
TARA CHAND. 8000( subject to )
Sandhar. 16-18

GMP on 20 Mar at 16:00Hr
Sandhar. 16-18
Mdnl. Nil

QIB subscription almost full...at 89%..overall 40%.

Sandhar ipo is not available in andhra bank to apply. Does anyone using andhra bank here to apply ipos and are they facing any issue?

Seniors R.R Patel, Gamble , Aniketiaf and Chitra
Please advice to forum on Sandhar Technologies

As per me,
It''s clear avoid.

Better we pick some quality mid cap stocks from secondary market.

Dear Admin/Moderator:

1. It seems the Asset/Revenue/PT values are for Standalone.

2. Kindly put-in the timelines for this IPO in main section

Regards

Dear BullOverBear,

Thank you for your kind feedback.

1 We have checked the information against RHP and it seems corrects. We referred page 334 of the RHP. We now have added profit before tax row.

2. What do you mean by ''timelines for this IPO in main section''. Could you please provide the detail about where exactly its missing?

Thank you,
Team Chittorgarh

Thanks for quick response:

1. page 335 is Restated UNCONSOLIDATED summary, while the Restated CONSOLIDATED values are on Page 255-256. They also matches to the values in Mr. Davda''s review (basically this review made me to search for numbers in RHP)

2. I meant Tentative dates/Timelines, as we do for other IPOs. Basically - issue dates, allotment, refund, allocation.

Regards,

Sandhar Technologies Limited IPO
Latest Subscription Figures as on Second Day @ 03:00 PM
QIB (NSE+BSE) = 0.11X + 0.00X = 0.11X
HNI (NSE+BSE) = 0.00X + 0.04X = 0.04X
RII (NSE+BSE) = 0.08X + 0.12X = 0.20X
Total (NSE+BSE) = 0.07X + 0.07X = 0.14X

Anil Singhvi CNBC recomended invesment in Sandhal IPO.

Sandhar**

Sandhar Technologies Limited IPO
Latest Subscription Figures as on Second Day @ 02:00 PM
QIB (NSE+BSE) = 0.11X + 0.00X = 0.11X
HNI (NSE+BSE) = 0.00X + 0.04X = 0.04X
RII (NSE+BSE) = 0.08X + 0.09X = 0.17X
Total (NSE+BSE) = 0.07X + 0.05X = 0.12X