Sona BLW Precision Forgings Limited IPO Message Board (Page 8)

When loss making sona steering is quoting at Rs 110 then why not apply in this issue

Total No.of Application Approx : ~ 446662
Retail Subscription on the basis of Apps : 1.17 x

Every applicant will get allotment in NII & RII

Nay sayers remember HDFC Life, Indigo Paint, Gland, Macrotech, BBQ Nation.

This is a stock of future based on Electric Mobility

Want Cheap valuations > Buy ITC (makes solid profits 3800 cr per qtr)
Look at Tata motors, Indigo Air > are these cheap? Indigo 5000cr loss for year, second year also loss and stock is at 1800+
Ave Auto stocks PE is 68, this is at 72-74

CEO is IIMA graduate > Does any of current IPOs have an IIMA graduate as CEO.
BTW > Sunjay Kapoor is not CEO

If list flat or lower will be bought into.

All the best

Makes sense. This issue should reward handsomely. Any idea about number of applications received in RII Category?

I have applied but haven''t accepted mandate , ipo market experts please advice what to do , seems like sure shot allotment in this but listing gain ??

You can accept the mandate. I have explained the reasons for decent listing in a post I have posted today in this site. Keep for long term if u get allotment.

Disclaimer: In Stock market you have to take calculated risk for any company if u want risk free return FD is the best option and u have to be satisfied with that returns.

At the end of subscription time , if nii is subscribed by only 50 % then remaining 50% will distributed amongst which category ?? Hni or Rii ?

Thanks

QIB and retail distribution will be 3:1 as QIB only 30 percent quota was left after anchor and retail had 10 percent

Since the NII category is not fully subscribed, whether all applicants in that category will receive full allotment? Please advise.

Yes u will get full allotment.

Thank you

I''m surprised that QIBs and NII didn''t show much interest. I guess because of insane valuation.

There are multiple IPOs running parallel so shortage of funds could be one reason among others like steep valuation, large issue size -etc.

The long term story is good for this. So applied in HNI category and will hold for atleast an year.

About 4 Crore application done by Mutual Fund till 14:54 (16 June 2021), The only reason I am applying for the same. All the best those who have applied

@rafiq sir where u look for no of mf application.thanks

You can check in below IPO section of BSE and NSE

https://www1.nseindia.com/products/content/equities/ipos/ipo_current_sonacoms.htm
https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=2342&type=IPO&idtype=1&status=L&IPONo=5433&startdt=06/14/2021

This IPO have good Anchor book and QIB portion is more than 4000 Cr out of 5500 Cr.And ultimately QIB will subscribe nearly 7 to 8 times, means nearly 30000 Cr will be applied in it.So NII and RII will not impact much on issue. Issue is somewhat aggressively priced but expected growth in EV segment and good quality customer make is reasonably priced.Can be add more if listing below.

At the current valuations, the issue appears to be fully priced, and thus, the premium is subdued in the grey market. Can buy on listing day

It may list in discount
Better to buy on listing day

In this session of IPO, retailors are much cautious.... not so hurry to apply.
May be because secondary market is giving more opportunities rather than waiting for 7-8 days to see if they are lucky to get allotment and listing gains...

Now many retail subscribers will rush to cancel the bid..

gmp 13 rs stable

Hey Gurus,

My understanding is that because it is 5k+ Crores of BIG IPO, it is tough to be multifold over subscription. So it is worth applying in IPO itself? I mean will it list in discount for sure (so i would prefer to buy in listing day than IPO and lock money for 7-10 day? Any suggestions are welcomed. Thanks in advance

I have applied 2 application through BOB ASBA Account. How to cancel both. BoB customer care told that I can''t cancel. Pls suggest any option.
Thanks

.. to cancel an existing one, apply from a different account but with same PAN number. Both applications will become invalid.

I have filed 2 application from BOB ASBA account, how to cancel both application, BOB customer care told, We can''t cancel....pls suggest any option for cancel.
Thanks

as per Chittorgarh Site "No, one person cannot apply multiple times through multiple applications for an IPO. It''s a rule and if you apply in an IPO though multiple applications with same name or same demat account or same PAN Number, all of your application will be rejected."

Thus you can make 2nd Application with the same PAN thrugh other Broker / Bank.

Thus all your applicaiton should ger rejected.

If u cannot cancel then make another application at lower band. Both will get rejected

Apply for this ipo n keep it for long term.

The CEO is awsome guy, He takes the company to new heights.. The company will leverage the opportunites in the EV Segment.

Mark my words ''Buy 1lot in 2021 hold until 2036'' U can buy an flat in mumbai south by selling 1lot shares.

Agar aisa hai to listing ke 3 din baad performance dekh kar le lenge 2 lot.
Shayad thoda late ho jayen, but Mumbai wale flat me thodi choti balcony hone se bhi chalega. ;)

Ask Karishma kapoor, how much good CEO is, faltu log, faltu company, it''s only money making ideas through IPO....

AOIVD

MANY APPLICATION GET CANCELLED

FINAL FIGURE WAS LESS THEN CURRENT FIGURE

BUY AT LISTING DAY BELOW 20 - 25 % then ISSUE PRICE

Hi CA Parag,
Could you please ensure share at 20% below issue price on listing day for me? I want to invest 10,00,000. I will pay 2% commision to you.

In this issue the problem is with the Lead Manager - Kotak Mahindra Capital Company Limited.

This company always price issue at very high price, there by leaving nothing/very little, to the investors, on listing.