Waa Solar Limited IPO Message Board (Page 2)

Why it is listing on Wednesday ? Shares were credited into demat account on Saturday itself.

Listing Tommo

4/3 allotment out. this is good luck or bad luck ?? Grey price plzzz ????

12000-12500 S2

2RS GMP

The market situation is in corrective mood so there are chances while opening will be with slight premium as per the track record of guiness(book builder) might it go to +3 or +2 rs but thereafter it may settle down at ipo price only

nowdays even first day listiing gain is not there so how to sell as most have opened at discount

just simply avoid primary market sme. let them remain undersubscribed
nowday lm marketing represntative are paid to create artificial premium and asked to sell in grey market. they knoew many deals might not happen and retailer will get stuck

this game is over now but i am surprised on why retailer applied in sonam and waa solar even though hni not interested and the recent fate of all sme.

i think there are too many bakras and even with 1000 application there issue get through and its only left for loss to retailers.

How can v stop/withdraw our application after apply

you cannot do it now

It seems that every second application will be allocated due to spill over of undresubscribe HNI quota. Selling pressure on listing day may result some loss th retail. No fundamental works when everyone want to sell.

All the Best.

QIBs No
QIBs+HNIs Subscription 0.74X
Retail Subscription 2.46X
Total Subscription 1.52X

2 times in Retail

Kitne time bhara h ab tak....

too much overpriced but subscription is good.... strategy acchi h

SME segment is not for small investor.It is very risky business.I always recommend to take profit as soon as you get because they take huge premium in this bull market showing rosy pictures about their issue but after two three months they shows their " Aukat". it is all operator driven hardly any fundamental counts here. So be extremely selective in SME. Only 3 or 4 issue in a year shows some good hit after a year or two. I reiterate It is all about liquidity and operator.

foolish retailer have you seen ever a price of 161 rs giving retun
this one is not even worth 50-60 rs fair value,
such expensive stock in this market
if you think abt overubscription just check record of last 50 highly subscribed issue

cancel it immediatley otheriwse be ready to face 40 % loss

Its a request, don't spoil your hardened earnest money by investing or applying SME issues because most of them are not fundamentaly good or strong and also you have to invest in each issue more than 125000\=. Most of the issues that were oversubscribed even 25 or 50 times are at huge discount now. So save your money and invest in front line ( large cap ) stocks.

*Issue Fully Subscribed in Retail Category : 1.15 Times
*Issue Subscribed : 0.94 Times

Wonderful !!!

* First Day at 4.00 PM

another Sirca

my comments remember

cancel your application retailer if anyone applied.
teach them a lesson.
waise bhi 161 rs jaise high price mein kuch nahi milne wala aur big issue hai

they are investing in subsidiary and its subsidiary have pledged shares

is stock ko toh 10 rs mein bhi na kharidon mein

all new issues are available t huge discount

who are the lovely retailer who applied in this one even though price is at 161 rs

avoid for me as well

though business looks ok but they priced issue on expensive side.
also there are corporate governance issues like subsidiary pledged shares and also huge debt.

avoid

VERY EXPENSIVE VALUATION
ALSO COMPNAY PROMOTERS HAVE PLEDGED SHARE EVEN BEFORE IPO
LISTING SEEN AT DISCOUNT. FAIR VALUE NOT MORE THAN 75-80 RS


The company has given 23.5 crore loans to group companies and relatives of directors and in addition has given a guarantee of 325 crores on behalf of a loan obtained by another group company Both acts are not in compliance of the Companies Act, and therefore a red flag.

Additionally, the company has pledged its investment of 93,90,600 Shares in a subsidiary company, Madhav Karnataka (Solar) Private limited, with lenders of 63 Crores to that subsidiary company. This is in compliance of all laws, though.

Give the ballooning up of reserves because of the change in the accounting method, the non compliance of statutory provisions and the relatively high Debt:Equity ratio (88 crore debt and about 6.7 crore post issue equity capital on consolidated basis), and the fact that other solar companies are not too hot, I would give this issue a MISS.

a sincere request from everyone

1) Please stop apply in any new primary market sme issue unless it is very very good. cheap P/E, good fundamentals ,lm etc

2) stop apply in new issues of navigant and first overseas. they both are frauds.

3)let the new listed sme gain first and sme market to stabilize as new issues will do no good

4)let all new issues remain undersubscribed in retail category so a message will go to LM, company as well as SEBI that we retailer are not fool to throw our money on new issues when their is no return

5) out of last 40 issses more than 30 are below issue price

6) . if there is any discrepency in prospectus the issue should not go through

a sincere request please take a pledge not to apply in new primary market sme unless the recent one stabilize and LM knows how to price it correctly and come up with only good issue

if you allow them to succeed and issue get subscribed even 1 ime they would keep on getting new issues and it is a defeat of each and every one of us

also the story of listing gain is now over so dont go and apply each one of thnking that you would sell on listing day.

Everyone a sincere request from everyone

1) Please stop apply in any new primary market sme issue unless it is very very good. cheap P/E, good fundamentals ,lm etc

2) stop apply in new issues of navigant and first overseas. they both are frauds.

3)let the new listed sme gain first and sme market to stabilize as new issues will do no good

4)let all new issues remain undersubscribed in retail category so a message will go to LM, company as well as SEBI that we retailer are not fool to throw our money on new issues when their is no return

5) out of last 40 issses more than 30 are below issue price

6) let sebi come in a process to verify checks on LM and company as well so the company background is atleast checked. if there is any discrepency in prospectus the issue should not go through

a sincere request please take a pledge not to apply in new primary market sme unless the recent one stabilize and LM knows how to price it correctly and come up with only god issue

if yallow them to succeed and issue get subscribed even 1 ime they would keep on getting new issues and it is a defeat of each and every one of us

also the story of listing gain is now over so dont go and apply eeach one of thnking that you would sell on listing day.

please please stop applying new primary market sme

100 % this will list at discount in such market condition

1)solar companies are pathetic
2)its a large issue and all large issue have flopped recently
check fate of sirca paints which came at same price of 160 rs is now down at 152 lower circuit.

3)never ever apply 100+ rs issue
4) retailer have exceed the hni subscription
5) this type of business have huge gestattion time period it will block your money
6) listing will be below issue price and within few daye reach value of 100-110 rs same as what will happen to sirca paints