Sterling and Wilson Solar Ltd IPO Message Board (Page 3)

For Rs. 775 to be a fair value of this IPO, company needs to grow at about 18-20% for about next 10 years... Seems difficult...

Face value of the share they are offering is only Re 1/-

Face value doesn't matter as such in valuation for stock price...

It is now officially extended due to low subscription.
Time is over now.

QIB is fully subscribed
Sailed through

Issue will sail through. Issue oversubscribe after 3 .30 pm

Dear Raja,
Why it is not fully subscribe?
You got it wrong for this time.

Made 1 application for 1 lot with long term perspective.

STERLING & WILSON SOLAR LIMITED IPO
Latest Subscription Figures as on Day 3 (Last Day) @ 03:30PM
QIB (NSE + BSE) = 0.92X
HNIs (NSE + BSE) = 0.80X
RIIs (NSE + BSE) = 0.28X
TOTAL (NSE + BSE) = 0.77X

It will sail through if qib quota is fully subscribed

STERLING & WILSON SOLAR LIMITED IPO
Latest Subscription Figures as on Day 3 (Last Day) @ 03:00PM
QIB (NSE + BSE) = 0.89X
HNIs (NSE + BSE) = 0.77X
RIIs (NSE + BSE) = 0.27X
TOTAL (NSE + BSE) = 0.74X
Subscription Numbers not up to the Mark. Very poor Response from Investors due to very very aggressively priced. Face Value 1/- Rupee and asking price was 780/- per share. Its too higher price.
I am not applying.

@Aniketiaf sir,
It is advisable to apply in this IPO or not.
Please advise as soon as possible.
Thanks in advance sir.

QIB and NII have become hyperactive since 14:00

Promotors are trying to trap some more RII , so they that they can reach 90 percent subscription number for issue to sail through.. Retail - withdraw your application and save your money..

This message has been removed by a moderator.

seems Mazagon Dock Shipbuilders has refiled DRHP . There is an advertisement in Financial Express. Earlier approval was to expire on 10 th August 2019 ?

Good stretegy is subscribe through UPI which valid for 12 hrs. If comfortable subscription, confirm mandate else leave it.

At lest they should left something on table as this is their first IPO.

Should be withdraw than extend, because reducing price by Rs5 also no going to help.

Now this IPO will save only by QIBs if they subscribe.
To sail through QIBs need to bids a Lot, very less time left.

Promoters may withdraw this IPO

Affle ipo lien not removed by union bank till date 08.08.2019 1:49pm

same here. have u checked with Bank??

This issue is big avoid ... Promotors can't sell their names.. pricing needs to be attractive..

This issue will be extended due to lower demand and issue price will be reduced.

STERLING & WILSON SOLAR LIMITED IPO                              
Latest Subscription Figures as on Day 3 ( Last Day) @ 01:00Pm                              
QIB (NSE + BSE) = 0.24X                              
HNIs (NSE + BSE) = 0.73X                              
RIIs (NSE + BSE) = 0.21X                              
TOTAL (NSE + BSE) = 0.37X
Still Subscription Numbers not up to the Mark.                        
                              

What subscription figures did u think king vinod to apply in this ipo

@ Pratik Pawala
In Current Market Conditions By taking Risk & Applying this IPO there should be Subscription Minimum QIBs atleast more then 2X & HNIs atleast more then 5X

Going by current subscription levels,
The issue may be extended with downward price revision or
Withdrawn

In few ipo name of the promoters are good enough to sail through... Shapoorji, Godrej, hdfc-Deepak parekh, Tata grp never gave negative return to investors.. Very investor friendly grps.. They leave your pie of profit on table. Big name,good business model and 40%growth rate company is offering @19pe..is it costly? Very fair valuation market will give min 25 pe for blue hip investment stock so people will have 20% profit. Firm allotment so.if you invest 1lac, min 20k profit can be made.. Check my posts for rail Vikas or indiamart... Many have avoided and I have suggested to apply. Do not see premium and apply.

Forget abt subscription part... Qib and nii will be subscribed... NII Mistry will fill on personal capacity and Qib always interested for long term.. 10%quota for retail only if that is not subscribed then it will go to nii. no floating stock in market.. Easily 900price is manageable for this Ipo. Go for full application if Qib more than 3 times.

I still feel that 780 rs price band for 1 rs face value is too high...hence it will have low subscription or marginally cross 100% mark