there are huge sellers in grey market and there are no takers even at 160 rs. get ready for huge selling pressure on listing day. it can drift to 150 level .
dont look to buy even at that price. much lower level expected as 100-110 in few days time.
20000 Interest Charge per Lot as HNI will get 1 lot for every 32 lots applied. Investment of 4000000 for 1 lot of 800 and interest charge if calculated @6%(min) 20000 interest. No Chance of going down below issue price
Well my concern is I don't like this company at all High crude price will impact its profits anyway.it will use money from IPO proceeds to start manufacturing which will take too much time to show any impacts.its a navigant issue and any navigant issue can't retain price for longer time. Even if it list at 5 pc premium it's a failure issue considering lottery system. Do remember even five core with confirm allotment give 5 pc gains. I like five core business much better than this company. Anyway best of luck to alotees and hope they can get some returns and get out from bad LM issues.
0/7 I got one allotment. Listing on wed. Already IPOANALYSIS stated it will list at par or discount. I am not worried about listing. But I am worried about Innovators at what rate my shares are auction on monday and how my trades are setttled.
81.1. Splendid| Link| Bookmark|
May 26, 2018 1:34:32 PM
Top Contributor (300+ Posts, 100+ Likes)
Qib 9,28,000 shares available. For Hni 6,99,200 shares. For Retail 16,28,000 shares. Qib Nil Hni 0.86 times Retail 0.91 times. Hni quota is only 7 lakh shares so it may be subscribe above 10 times. If HNI quota subscribes above 10 times then we will consider for subscribing Sirca paints without considering LM, Fundamentals, and so on.
it could happen that there could be many who apply and withdrawn during lat time as well also checking the navigant issues have much lesser subscription when final tally comes.
so this might be a strategy of LM to create false application which you will never know and happens in background
Subscription of power and instrumentation too crossed 8 times
Dear IPOANALYSIS IT WILL LIST WITH GOOD GAIN. No withdrawn happen in this counter. LM is not a concern for good listing and subscription. We will wait and see how it lists.
Ipoanalysis, u r too negative for this issue. I m not sure what is the rational behind it. There are so many bad issue in comparison to sirca, but u r behind this issue.
Ankur;. The share has neither listed yet. I am still negative on this issue.why does one get excited with subscription. Hold on high subscription issues have gone down in past and this will have same fate. I don't like business model and hence I am negative. Don't be too positive and what if share is available and can be bought at same issue price easily.
Rajkumar there will be no gain and i will show you price at same issue price available on listing day. check today listing innovative was available below issue price and u can buy as much quantity from open market in morning. at one point
high subscription does not mean listing gain always. if that was true akshar would have listed at huge premium
nowdays it is waste to apply for new sme ipo and is blocking of money. instead have patience and you can always look at it when its listed. as i said 25 out of last 40 are available below issue price
also hni bids can be cancelled if there is technical rejection. so mind you many might have applied incorrectly and navigant has a habit to show their issue as highly subscribed with the help of marketing.
anyway best of luck. dont be too positive on primary market sme as most of them will be duds.
i am looking on opportunities on old SME and infact they are giving better returns and some are sound fundamental companies
i will be back on listing day. lets see those only 10 pc with lottery system and blocking funds for week make how much gains. i would rather prefer to buy indostar capital or good companies like hitech pipe, ashapura inmates,jiya eco products from secondary market
nowdays people are using financier funding and want to exit on day 1 of listing to repay them. also sell them in grey market. this can cause them selling stock which list on day 1 that is why huge subscription anyway best of luck to you as u seem to be more interested with subscription numbers only rather than looking at fundamentals of company
Dear IPOANALYSIS, Your point taken.Yes sir good subscription does not give listing gain always. Stock market is risky. It all depends supply and demand when listing day. This is one of the largest sme ipo in recent times. It may give lising gair or not as per your calculation. I AGREE SIR. Innovators listed at bse everybody surprised including you. Even Innovators good subscription and good company than Sirca but listed at par. NOW QUESTION MARK FOR SIRCA LISTING. But Sirca is nse listing we will wait till listing.
Infact if you check old sme are performing better than newly listed sme and new primary market sme doesn't have anything great i remember earlier sme were priced too cheap and left a lot on table.nowdays no new sme is leaving anything that is the reason if you check innovators facade is expensive as well
so go for sme only if they have priced it well else avoid i would rather wait and watch and not apply any new sme. there is good chance you can buy from secondary market when they get listed at discount go for only fundamental sound companies
79.9. SONMAYA| Link| Bookmark|
May 25, 2018 11:31:48 PM
IPO Guru (1300+ Posts, 500+ Likes)
learner this has happened before only. many have already sold their application in grey market and thats why they applied
this is navigant issue and navigant and company is laughing their way I dont know abt listing but record says navigant is a very bad LM and the stock price have fallen
i said befor navigant cant manager small issues what will happen to its large issue new LM bhaijee we all know fate of most of new LM like sarveshwar foods etc.
hope those who get allotted manage to get out on listing day with something
kehte hai na bheed chal mein mat phaso. people dont use their brain but just apply blindly after checking subscription
those who are jumping the guns thinking that subscription is a criteria for gains are absolutely wrong. now 35 out of 40 last sme listed are below issue price. mind you they were too heavily subscribed
e2e did good because of business and mahickra being panthomath and small issue
those stock sirca is neither of above.
if anyone think LM does not matter for sme they are highly mistaken or new to sme and dont carefully monitor each and every sme
lets meet on listing day and see how much bumper listing gains people who are alloted with lottery in this one makes.
Dear Investigator You got allotment in Innovators so not much worry in missing the bus of Sirca. If you applied means that amount will be used for Lattys.
At 4.10 pm Qib 1.25 Hni 32 Retail 8 times Total 11.25 times. As i stated earlier it surprised all. Good subscription. It will list give 7 to 10% gain on listing.
Dear Small Investor Sir I am applying IPO for listing gain only. I am not interested in secondary market. In main line IPO we can judge the counter and can tell which counter will perform in long run but sme counter liquidity dried after some days of listing and we cannot judge 1000 counter of which share will perform.
Lets see the listing. i dont apply in bad business model. crude is high and paint companies will have most impact.
many high subscription fail to retain price for long time . LM is very important for long term success.
there is no great reason to apply in this ipo. lot of funding happens where in people apply to get listing gain and sell.what if there is huge selling pressure. lets see
also if u r talking of 5 pc gain its a failure for the issue. out of 10 only 1 will get means 10 pc allotment . if u r holding for that amount of lottery system for 5 pc gain better to buy indostar capital from secondary market which is safer and more gains than 5 pc and was also confirmed allotment. lol
As i told you earlier, this is share mkt. Those who buy shares or apply shares its on own risks. Risks are awarded. You will get definet return. Others are just came watch and go. The mkt is our not for others. ????????
great subscription numbers. should be a good listing of 5-10% premium. the issue is a large one (75 crs) so lets see if the premium sustains as a lot of leveraged HNI positions will come for selling on first day. but fingers crossed :)
Got busy in some stuffs and completely forgot to monitor this. Saw at 5:00 pm only. Very good subscription figure, discount listing for sure would not be there. Missed to apply it :(