TCNS Clothing Co. Limited IPO Message Board (Page 1)

Entering to List in market itself is big process, i dont think any company goes to cheat investors as their focus is create a brand by entering IPO.
iam not a analyst and may bcz of high price and low subscription effected to this stock itseems. i have 40 shares now and why cant we wait for good news from TCNS like good result or good deals.

It is your perception. Good. But as per the details submitted in parliament only 67% percentage of the registered companies are doing well. Some of the companies are coming to public to cheat the investors . I am having 1200 shares of VINIYOGA CLOTHTEX Delhi based company allotted to me since 1994.I don't know that wheather the company is existing. What to do. If anybody knows the details of the company please let me know it

Iam new to the market and its my point of view.
When company going with their better business and profit why they want to cheat public.
it happiness sometimes like Neerav Modi case, their business was good but due to his own mistake public lost money.i seen few scrips like this Shilpi cable,Quick heal, monte etc

DHAn ki baat name should be changed to DHAn lootane ki baat . Lol. His all statements and arguments are illogical. Chittorgarh team please check his arguments and use of words illogical coming from an illogical person

@ IPOANALYSIS

In a nutshell, cost of acquisition of shares by promoter/selling shareholder should not become criteria to value any company offerings

DHAn ki baat u started it and now u got taste of ur own medicine.

Firstly my information posted has been correct and you are wrongly arguing . Now when listing has happened negative all ur Incorrect and dumb reasons to support the IPO price has been given a befit reply.now since u can't take that your argument was incorrect and my reasons were correct .now trying to change statements .dear check ur first statement it says that I have provide incorrect information and now u r saying that imean it is not a reason and does not matter if it's a ofs and the shareholder who invested just few years back has doubled the price now and that too a clothing company which are anyway struggling

It is quite clear now it has been dismal and bad listing .also do remember market condition were good. Imagine the listing price if market was not good. Also when most IPO have given listing gain and check the records. My first message itself clarified that they priced stock expensive and did not leave anything on table as it should price at discount with it peer as Arvind is cheaper . Also if matrix in 2016 -2017 had a price of 373 and now looking at exit does anyone really think a clothing company to price it's issue at 716 which is almost double price. Most of company listed below where cost of acquisition is low is either long time back and they collected money for business expansion and not shareholder exit. So DHAn ki baat now so it complete analysis properly as the listing price is a good answer. Even if I would not agree with anyone I would not use a word stupid but this guy forced me to write such things Ashe need to get taste of his own medicine

Discussing about acquisition of shares by the company promoters at very low price is very ir-relivant, I believe because they are promoters and they have liberty to do so.
Now come to the point of public offering by way is OFS or issuing new equity, they should leave some considerable amount for the public.
Take the example of D Matters, Shankara and many more like Bandhan Bank, they left a lot for public. They have also acquired the shares at very low price.
I may be wrong for some experts

Please don't listen to such chaps DHAn ki Baar who have no knowledge in stock market. At that time he thought himself as being hero contradict my views when I clearly mention that how lead manager come to such high price when the share value cost to matrix happened only at 373 rs only recently and also is plan a exit. So why LM thought and come at high price at 716. He has been giving some non sense comments that it is ok to price. When u consider other cost of acquisition mostly they are not ofs but here it was part exit and that too at such price. Never listen to such people DHAn ki baat making nonsense comments

STEINBERG INDIA EMERGING OPPORTUNITIES FUND LTD bought good qty today ... @655

3,27,942 qty @ 655.06 totalling approximately 21.5 crores

Following are the holding of this fund. It does not has any star performer in its portfolio:

Wonderla Holidays Ltd.      
DCB Bank Ltd.      
Minda Corporation Ltd.      
Firstsource Solutions Ltd.      
Hindustan Media Ventures Ltd.

This forum warned against 40 pe high valuation of this competitive business share and advised to avoid which was reflected in only .33x rii subscription till the end of second day. Thanks to chittorgarh.com forum.

लालच का फल खराब होता है

Rii saved as they subscribed only 50%and 50 % of them followed 13x of qib and 5x of hni on last day. Rii are smarter then qib and hni

Good punishment to Tcns and realisation to incoming IPOs

only investers lost money...TCNS pro made huge money

Retail was subscribed very less.. some smart investors on this forum were advising to go for it in hope of 5% listing gain. hope they got their listing gain today.

Sold @702

Poor listing keeping in view that nifty gains 4-5 consecutive session after tcns book build closure. Suppose if market remains negative then it would be wealth destroyer on listing day.

@ Doctor strange,COMMONMAN
NOW EVEN QIB SUBSCRIPTION DATA WHICH INCLUDES MF, ARE NOT RELIABLE
TO MAKE THE IPO FLOAT THEY EVEN SUBSCRIBED TO ANY STOCK.RECENTLY SEBI ACTION AGAINST ICICI PRU MF FOR SUBSCRIBING THE IPO OF ICICI SEC. IS THE BIG LESSON FOR RETAILERS.

PLEASE READ THE OFFER DOCUMENT BEFORE INVESTING.

HAPPY INVESTING

even we as investers knew about it...mf should be held accountable for buying such stocks..

Booked some loss and got out of it

sahi kiya

@SJ
I DONT THINK IT WILL HIT LOWER CIRCUIT.
BUT IF IT HIT IT THEN IT AN EYE OPENER FOR ALL I. E. RETAILERS PROMOTERS LM ETC????????????????.

Promoters should be shameful for such a high price.Why not promoters ask such a high price when investors blindly applying every IPOs w/o checking background and fundamentals.
Citi & Kotak are popular names in manipulating prices.Watch CNBC and mark their words.They do exactly opp. like S.P Tulsian in secondary market.
I think this is one of the worst IPO of 2018-2019 with (-10%) fall on first day itself.

Its just a beginning other IPO are also in waiting like insurance companies IPO etc

@ MOHIT JAIN
NII MAY ALSO BE SELLING AS THERE IS INTEREST COST INVOLVED IN IT.

@ Gnsarda
RETAILERS ARE FOOLED BY PROMOTERS AND EVEN SAME WILL HAPPEN IN FUTURE ALSO.UNTIL AND UNLESS RETAILERS AVOID THESE TYPE OF IPO PROMOTERS MAKE MONEY AT THE COST OF RETAILERS.

MANY ADVISED AVOID FOR THIS IPO BUT STILL IT WAS SUBSCRIBED BY 0.67
TIMES I.E. 264.13 CRORE WAS INVESTED BY RETAILERS OUT OF ISSUE SIZE OF 1125 CR.

As i had posted earlier i will make loss even without investing ..thanks to stupid mf in which we invest money and they invest in such stocks...lost my trust in mf industry after ICICI sec IPO.
dont know what they see in such Ipo ...

True ..
I Invested In Sundaram Emerging Small cap 1 & They Were Anchor Investor.
When It was clearly visible that it is highly prised... I have To Bear loss via MF.

@commonmen...agree ..

INDIA ME BAHOT SE LOG AIESE HAI JIN KE LIYE RS. 15000 KA INVESTMENT KOI BADI BAT NAHI HAI. AEISE LOG AEISE TCNS CLOTHING JAISE IPO BHARTE HAI. AUR LALCHI PROMOTER KA KAM HO JATA HAI. LEKIN JIN KE LIYE RS. 15000 KA MULYA HAI, JIN LOGO KE LIYE RS. 15000 BADI AMOUNT HAI UN LOGO KO AESE IPO SE HAMESHA DOOR HI RAHNA CHAHIYE. BINA LALCH AUR RISK LENA NAHI CHAHIYE

we did not invedt ...but what about mf house in which we invest in such stocks ..

Retailers are undersubscribed then why too much selling pressure.

greedy promoters selling in secondary mrkt