We apply in IPO, mainly because the shares would be offered at a discount price and thinking that there will be demand for the shares after listing and we can make some profit. But the situation is not the same recently. First off all the share price offered is not at all at a discount and there is no demand after listing. Every body want to sell on listing and share price is not holding up.
There is no point in applying for these kind of IPO's unless and until they give us at a good discount. The most important thing in the market is not how good or big the company is, but the price at which it is bought.
So my friends stop applying for these kind of issues where they don't offer any value to us. Instead you can buy very good shares in Secondary market during correction.
Lets c IPO koi sone ki ande dene wali murgi to hain nahi. wat is happening in present market everybody want to make instant money, this leads all the predictions in vain irrespective of companies fundamentals , performance etc. Wat v need is just to keep our moral high & keep patience even investing in IPO case 2. Thanks!
People who recommend applying for this IPO may apply for full 1 lac and take firm allotment as the subscription, as on 1st day from QIB and Non-institutional is ZEEEROOOOOO. Let people enjoy, we will keep away and there are other stocks available in the listed space at a cheaper valuation
i am amazed upon looking at the qualifications of the management team.everyone is from iit or either iim this company should provide a return on equity of 15% for the next 5 years before it enters the transition period. even it has quite high client concentration with the top client providing 26%of the topline but the business model is robust and the fy 10 pat is expected at 11 cr after taking into account the avg debtor turnover ratio of 38 days above which it would impact the roe by 1% for every 20 days addition. interest coverage is 7;1 which is comfortable net profit margin is cool @26%
Hey friends pl. let me know is there any good ipo is going 2 come or not at good price point so that we (retail)can get some thing atleast as of now not got much from market also from 8000 it as come near to 17000 & there also ppl r saying buy at deep but when the deep is going 2 come dont know? & IPO r also comeing with no money left on table 4 (retail) so is there any chance in IPO market that till march end some 1 will come at good price point.