Tara Chand Logistic Solutions Ltd IPO Message Board (Page 3)

Subscription at 4 PM :
Total Subscription      2.62X
Retail Subscription      2.77X
HNI Subscription      2.46X

Few QIB in also

THAT DOESN''T MEAN IT WILL GIVE GAINS.
QIB HAS NO ROLE CHECK TH LISTING OF SARVESHWAR AND MANY ISSUES IN THE PAST

Fully Subscribed

@downritevj

Fully subscribe hone se kuchh nahi hoga.
It needs to be subscribed for many more times..

I know. That was just for information :P

3x mere idea se bi jada approx 4 x jayega

Kindly update the latest subscription figures of tarachand

Kahin din me tara aur chand na dikhade....????

Cnfm.listing. gainn degaa. All.off appllyy

Can someone please post latest subscription figures? on NSE site I see figures as on 13:50 PM.

Thanks for sharing the link. Very useful!

It will list at discount
Immediately cancel ur application .nothing great in this company. Instead buy uninfo telecom or East india securities from secondary market

I have made 5 applications in Tara Chand Logistics. The issue today at 12.45 p.m. has filled up only 78%. And looking to the Sarveshwar listing, should I withdraw the applications?

Hi,
QIBs apply after 3 PM only and by that time ASBA window is closed.

Also I checked figures of Sarveshwar Foods, it was subscribed 1.6x only.

Issue looks very attractive (PE of 12 vs lowest peer trading at 20) could be a booby trap.
But, the D/E ratio seems to be stagnant for 4 years which is a major concern.
Book value seems to be low and Miscellaneous Expenses are eating 35-40% of Sales Turnover.
So I would be very cautious about this IPO.
If QIB quota subscription goes above 400,000 then only I will subscribe to this IPO.

@ Prabhakaran Kuppusamy

.Pre-issue equity capital appears to be about 10 - 11 Cr and the debt @ 1.83 x I believe should be about 20 Cr. Out of this they plan to retire 5 Cr. So the post issue D/E ratio would stand at 1.37 x

Let us know on here if you decide to apply ...

CORRECTION - Not ''Post Issue'' It''s Pre-Issue D?E Ratio. Post issue the D/E would fall in line with the other Logistics players ...

This company is rightly poised to take advantage of Infra Spending if such spending truly happens ...BUT and that''s a big BUT ....The FED is going to raise rates on March 21 and if the rhetoric is hawkish, like 4 hikes before 2018 is out, the markets would collapse (Remember the scrip would list after March 21) ...and also the policymakers have lost crucial by polls which is not a good sign for Infra stories ..or any Bharat story for that matter ....

So it becomes either 20 % UP or 10 % down on listing kind of scenario. Those who have been lucky whenever they took risks can look into this ...and the ones who are not faved by the devil called luck must stay put ....Ignore the GMP, Subject to or Subscription and other such ruckus ..

ALL BROKERAGES BOAATED THAT HOST WILL BE GOOD FOR LOGISTICS COMPANIES.
LOOK AT PERFORMANCE OF LOGISTIC COMPANIES AFTER ALMOST 1 YEAR OF GST
GDL, ALLCARGO, NAVKAR, BLUE DART , MAHESHWARI etc..
DECIDE FOR YOURSELF

BOASTED

GST INSTEAD OF HOST

BIG AVOID
FAIR PRICE 25-30

What can I do ????
Sell/hold
1 lot lagal chee.

Now it's too late to get out, better u may switched to some quality midcap.

MARCH END
SO ALL SMES WITH COOKED UP BOOKS WILL COME TO LOOT INVESTORS
ALL CURRENT SME IPOS ARE BIG AVOID

Indian Overseas Bank has not opened ASBA even on the second day.Appeal to the Bank to open up urgently.

Already opened u can contact your branch

Hi Rkg, I''m able to see Tara, BDL and MDL appearing in IOB online ASBA facility.

Don''t apply seeing subject to rates on some websites. These rates are totally fraud. Some sites were quoting more than 20,000/- rates for Hindcon and now it is trading below or at issue price. Clear avoid all SME IPO.

Hindcon was listed at UC and later on it came. One should follow a stop loss when market is not in favour. Cannot generalize everything.

Sub to Sauda looks good.

Looking to apply.

Mentors - Ur suggestion as tomorrow is last day.

That''s a truly scorching pace of disinvestment ....I know they have an endless list of companies under their belt to put on the block ..So that countless number of new welfare schemes could be announced ...

It''s stupid to even think that everything might get sold off at this rate ...IMO, the policymakers are just too clever to not being able to tackle such unprecedented situations ...I mean they can make the Police go Public? ..Or just take over and come up with IPOs of Forests, mountains, rivers or even the places of tourist''s interests. ..Taj Mahal? The Red Fort?

delete the post before decision maker sees it ...otherwise govt is ready to implemented any weird idea :D

@ mark bab

Lol! ..But seriously, these guys are light years ahead of us all in devising the disinvestment strategy ...I won''t be surprised even if they sell things that don''t exist ....:D

@umang ji pls tell the investors apply or not

President Trump has just decided to come up with all new tariffs of upto a whopping $ 60 Billion worth of Chinese goods.

The trade war appears to be escalating for worse...Owing to the situation, how many of you are still willing to tc carry on with their bullish market / IPO bets?

DownwriteVj, Umang, Vendetta, B&What? What about you folks?

Its a APPLY