Dj Mediaprint & Logistics Limited FPO (Dj Mediaprint FPO) Detail

Jan 18, 2022 - Jan 20, 2022

Incorporated in 2009, DJ Mediaprint & Logistics Ltd. is a provider of integrated printing, logistics and courier solutions in India and overseas. The company provides bulk mailing, speed post, records management, manpower supply, return of post management, bulk scanning, moving services, newspaper print advertising services, and other related services.

The company can process over 40 to 50 lakh articles per month and caters to a wide customer base across various industry segments. It has a client base of 1000+ organizations including LIC, Indian Institute of Architects, Dish TV, Bank of India, among others. The company's current infrastructure encompasses an assemblage of more than 30 types of machines for offset and digital printing as well as for other print-related jobs.

DJ Mediaprint & Logistics Ltd. currently has several offices spread across Mumbai, Navi Mumbai & Bhiwandi (Thane), one in Delhi and one in Goa.

Competitive Strengths:

  • Organizational stability and management expertise
  • Long-standing relationship with major customers
  • Qualified and experienced management
  • Effective supplier relationship
  • ISO and CRISIL certifications

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (β‚Ή in Millions)
Β  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 248.91 213.81 158.72 126.10
Total Revenue 131.18 248.18 213.23 206.73
Profit After Tax 10.51 12.64 10.91 9.23

Objects of the Issue

  • To meet the working capital requirements of the company
  • To meet the issue expenses
  • General corporate purposes

Dj Mediaprint FPO Details

IPO Date Jan 18, 2022 to Jan 20, 2022
Listing Date Monday, January 31, 2022
Face Value ₹10 per share
Price ₹125 per share
Lot Size 1000 Shares
Issue Size1,200,000 shares of ₹10
(aggregating up to ₹15.00 Cr)
Fresh Issue1,200,000 shares of ₹10
(aggregating up to ₹15.00 Cr)
Issue Type Fixed Price Issue FPO
Listing At BSE SME
Company Promoters

Mr. Dinesh Muddu Kotian and Mr. Santhosh Muddu Kotian are the company promoters.

Dj Mediaprint FPO Tentative Timetable

Dj Mediaprint FPO opens on Jan 18, 2022, and closes on Jan 20, 2022. The Dj Mediaprint FPO bid date is from Jan 18, 2022 10.00 A.M. to Jan 20, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Jan 18, 2022
Closing Date Jan 20, 2022
Basis of Allotment Jan 25, 2022
Initiation of Refunds Jan 27, 2022
Credit of Shares to Demat Jan 28, 2022
Listing Date Jan 31, 2022

Dj Mediaprint FPO Lot Size

The Dj Mediaprint FPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹125,000).

Application Lots Shares Amount
Retail (Min) 1 1000 ₹125,000
Retail (Max) 1 1000 ₹125,000

Dj Mediaprint FPO Promoter Holding

Pre Issue Share Holding 71.11%
Post Issue Share Holding 55.35%

Dj Mediaprint FPO Review

After issuing shares at a P/E of around 8.5 through maiden IPO, it is now looking for a higher P/E of over 32 for this FPO with over 6 times higher pricing and over 8 times market cap valuations, making this issue a greedy offer. It is in a highly competitive field and fragmented segment bearing a risk of maintaining margins. We must keep the listing trends of many SME FPOs like MRSS, Madhav Copper, Meera Ind., that were greedily priced. Considering all these, there is no harm in skipping this pricy offer. Read detail review...

Dj Mediaprint FPO Subscription Status (Bidding Detail)

The Dj Mediaprint FPO is subscribed 9.91 times on Jan 20, 2022 7:54:00 PM. The public issue subscribed 14.32 times in the retail category, times in the QIB category, and 5.50 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Dj Mediaprint FPO Prospectus

Dj Mediaprint FPO Rating

Rating:Rated 4.1 stars
Vote Here ...

Dj Mediaprint FPO Listing Date

Listing Date Monday, January 31, 2022
BSE Script Code 543193
NSE Symbol
Listing In
IPO Price ₹125 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Dj Mediaprint & Logistics Limited
24, 1st Floor, Palkhiwala House,
Tara Manzil, 1st Dhobi Talao Lane,
Mumbai – 400 002, Maharashtra
Phone: 022 – 2788 9341

Dj Mediaprint FPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Dj Mediaprint FPO Review

Dj Mediaprint FPO Recommendation Summary

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Brokers 0 0 1
Members 0 0 0

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Dj Mediaprint FPO FAQs

Dj Mediaprint FPO is a SME FPO of 1,200,000 equity shares of the face value of ₹10 aggregating up to ₹15.00 Crores. The issue is priced at ₹125 per share. The minimum order quantity is 1000 Shares.

The FPO opens on Jan 18, 2022, and closes on Jan 20, 2022.

Purva Sharegistry India Pvt Ltd is the registrar for the FPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Dj Mediaprint FPO using UPI as a payment gateway. Zerodha customers can apply in Dj Mediaprint FPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Dj Mediaprint FPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Dj Mediaprint FPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Dj Mediaprint FPO opens on Jan 18, 2022 and closes on Jan 20, 2022.

Dj Mediaprint FPO lot size is 1000 Shares and the minimum order quantity is .

You can apply in Dj Mediaprint FPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Dj Mediaprint FPO will be done on Jan 25, 2022, and the allotted shares will be credited to your demat account by Jan 28, 2022. Check the Dj Mediaprint FPO allotment status.

The Dj Mediaprint FPO listing date is on Monday, January 31, 2022.
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Dj Mediaprint FPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



92. lokes |   Link |Mar 3, 2022 12:45:35 AM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
So long long post, came after long time here, whats going on here :)
Anyways bonus will definitely be applicable for all shareholders, no matter bought in FPO or holding before.
92.1. MRavichandran |   Link |Mar 3, 2022 11:33:23 AM
IPO Guru IPO Guru (1700+ Posts, 2300+ Likes)
Welcome back to DJ forum. :)
Any way, those discussions were concluded with or with out agreements.

Not intended to post any specific advise or reply to comments to this subject here in DJ. (Let the market give us the directions.)


92.2. lokes |   Link |Mar 3, 2022 11:53:13 AM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
All the best @Mravi sir @arca @trueinfo and others holding this share. Today its in UC and looks strong with enough pending buy orders, it may face resistance near 120-125 once it will come near FPO price. Anyways i didn't applied here so not holding any shares, and i was not even tracking any shares much, to buy/enter at lower levels else it would be beneficial.
91. Trueinfo |   Link |Mar 3, 2022 9:34:11 AM
IPO Guru IPO Guru (1100+ Posts, 1300+ Likes)
Upper circuit again @ 97.70. Hope it sustains for few more days to cover up the loss.
90. Trueinfo |   Link |Mar 3, 2022 5:13:28 AM
IPO Guru IPO Guru (1100+ Posts, 1300+ Likes)
Dear, forum members, we should give likes to sensible posts, otherwise, nuisance, motivated and misguiding posts will dominate leading to our wrong decisions.
89. Rajendra Kumar Gupta |   Link |Mar 2, 2022 8:27:47 PM
,@arca ; mravi djml hold or sell?
89.2. Rajendra Kumar Gupta |   Link |Mar 2, 2022 9:43:03 PM
Sir I sell 96.35 and next day buy 91.55 sir Moneycontrol furum par post ex bonus date is 7 march
89.3. Arca |   Link |Mar 2, 2022 10:10:48 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
If you can exit and re-enter at lower levels it is great but i don't suggest because all can't predict how it will move.
I am not sure of record date.
Because As per regulation 42(2) of sebi lodr,
Atleast 7 working days before record date should be announced for bonus or rights.if he announces tomorrow also 15 th would be the nearest possible record date.
88. Rajendra Kumar Gupta |   Link |Mar 2, 2022 8:25:47 PM
Djml ex date kab h
88.1. Trueinfo |   Link |Mar 2, 2022 8:55:57 PM
IPO Guru IPO Guru (1100+ Posts, 1300+ Likes)
Not announced yet. Expected next week.
87. IPO Mitr |   Link |Mar 2, 2022 7:40:20 PM
Excerpt from An interview view with Ramdeo Agarwal of Motilal Oswal:

"But what is important is learning from investment mistakes. One of the things that I have realised is that if the management is a crook, it is going to go down and you are also going to go down with it. This outcome is clear. Never back a crook. He would come out with a lot of attractive propositions. The crowd falls for it because the stock moves. And then people get stuck. So, avoid crooks at all costs. If by chance you have bought into such a company and you only come to know afterwards, then run immediately. The second learning would be not to invest in bad businesses. You can't always invest in the best businesses but don't buy bad businesses. So, a very bad business and very bad management, both are to be avoided."
86. Trueinfo |   Link |Mar 2, 2022 5:10:46 PM
IPO Guru IPO Guru (1100+ Posts, 1300+ Likes)
Has DJ turned around? Buyers more than sellers
and overcame lower circuit to end 3.77% up.
86.1. Trueinfo |   Link |Mar 2, 2022 7:07:30 PM
IPO Guru IPO Guru (1100+ Posts, 1300+ Likes)
Time to buy?
85. Trueinfo |   Link |Feb 27, 2022 4:47:03 AM
IPO Guru IPO Guru (1100+ Posts, 1300+ Likes)
Dear @ IPO Mitr, your below mentioned remarks not understood. "How it matters to future stock price whether FPO shares will be included in the bonus issue or not when it is well known that stock price will fall post listing of Bonus shares in the ratio these are issued?" Now as you say, share price will be halved after 1:1 bonus issue, and if FPO shares are not included, then my quantity will remain same and price will be halved. So I will straightaway lose 50% of my value. Therefore it will matter to me very much. Further, there is a record date for bonus issue, which is not announced yet. So, naturally, it will be some future date. And bonus shares are issued to all those holding shares on record date. This way, those allotted in FPO will also qualify. Can you please rethink about your remark on non inclusion of FPO shares and the statement that " How it matters to future stock price whether FPO shares will be included in the bonus issue or not when it is well known that stock price will fall post listing of Bonus shares in the ratio these are issued?" No offence meant BTW.
85.1. IPO Mitr |   Link |Feb 27, 2022 3:56:39 PM
Dear Trueinfo,

I understand that you are also one of the most bullish investors of the DJ Media Print and also continue to hold or add this stock. If you did not believe or understood the kind of un-ethical things this company did with FPO, whatever I say will not be understood and accepted by you. I have already apologized to everyone (you included) if any of my post has caused any financial loss to you and that is the end of my responses. This question was very nicely posted by "BuLLzEyE" at the RIGHT TIME and open answer was given at that time also. I would have answered anyone's questions anytime and accept where I have erred if INTENTION of query was to get additional information and make corrections mutually. With three immediate "Likes" to your this post and many similar posts I understand the intent of your (and others holding this stock) query at this juncture refuse to answer. Read the below and please feel free to continue with your stance. Yesterday, I decided not to post anything about this company anymore because people who own the stock will never accept anything wrong which is fine with me. But wording of your last post seemed POLITE enough to me to share with you the following:

I hope you know "Dilip Davda" well as I know you and your like minded investors have many time addressed him as "Sir" multiple time. I was reading " Mr Dilip Davda" review of "Shigan Quantum Technologies" and accidentally came across with the below additional information. Since all of you are so fond of evidence from people of anyone with contrary opinion, here is the link for the same:

and the below is the excerpt from the same review....from the sub-section "MERCHANT BANKER'S TRACK RECORD:".

"The higher return in the case of DJ Media (93.4%) is nothing but an eyewash as it has been posting lower circuits since listing and currently trading at a discount to offer price. It appears that no one could have made any luck with FPO shares allotted due to lower circuits with thin volumes since closer of FPO. Even the market price rigging took place with very thin volume before and around FPO issue time. To please the FPO investors it has also announced bonus shares in the ratio of 1 for 1 in the first week of February 2022. But this could not help it as its price kept sliding even after such a rosy announcement. It is the best case for regulators to make an in-depth study for the excellent market operations."

Understand that the purpose of my research on listing day 31-Jan-2022 was to get confidence to add more of DJ Media Shares. Hope the above helps you some way also If you have not asked your query , I would not have posted Dilip Davda's opinion because all of you will still continue to try to prove that I wish to bring down the price of this stock to buy. So I wish you all the best for your this and many other SME and other investments. Good Luck.
85.2. Trueinfo |   Link |Feb 27, 2022 7:03:11 PM
IPO Guru IPO Guru (1100+ Posts, 1300+ Likes)
@ IPO Mitr, thanks for responding. πŸ™
84. IPO Mitr |   Link |Feb 26, 2022 1:05:25 AM
1. Request our heroes to answer this forum the following:

How it matters to future stock price whether FPO shares will be included in the bonus issue or not when it is well known that stock price will fall post listing of Bonus shares in the ratio these are issued?

2, Before asking proof of every thing anyone with contrary opinion says in the forum, let these heroes answer to the forum what was the conclusive documentary basis of their recommendation at different price points of this stock saying the stock will reverse from this price or that price? Show us the evidence and prove how you determined then ask others to provide any evidence........

Everyone has all the rights to share their opinion but not mock at simple as that. If some one wants to say NOT TO SELL then they should share their own reason for the same or just say Do not sell but no one is entitled to MOCK AT OTHERS OR THEIR OPINION.
84.5. IPO Mitr |   Link |Feb 26, 2022 2:53:40 PM
Dear All,

You have seen how the GODs of the forum putting the failure of their investments on some one else's opinions and posts. Now you know how SME stock prices are jacked up with no evidence of improved business performance and to what extent people can go to kill alternative opinions. to protect their own investment decisions.

Take your own call based on your own understanding and avoid following the herd to the extent possible irrespective of how influential the herd is. Please also understand all this planning and manipulations were possible in this FPO listing because of it was a FPO delibrately scheduled very close to its move to main board. In case of SME IPO with no previous history of the may not even have come into light.

Let self proclaimed GODs of the SME IPOs conveniently ignore that my original post was dated 31-Jan-2022 that was after the closing on listing day itself before fooling the forum with their un-justified bullishness and charging others for deliberate mis-conduct.

As the GOD members will decide on the longer run who intentionally fooled whom.

God Bless and happy investing.
84.6. IPO Mitr |   Link |Feb 26, 2022 4:48:55 PM
Dear All,

Apologies.....If my any post or shared opinion caused any un-intended financial harm to anyone.

Please remember that whether anyone is there to save you is irrelevant but there would always be self proclaimed GODs who will look to serve there own interest by any means. And that is the reason for so many other experience members to leave the forum or remain silent. Despite all intentional bullying by select few, I intend to continue sharing my opinion as and when I wish. I don't claim to be correct I will never be always correct but one thing is guaranteed........ethics, openness and respect to all alternative opinions what so ever those are or will be in future. Please treat my posts accordingly.

Once again sincere apologies for any un-intended financial loss caused to you by anything I shared on the forum.
83. Trueinfo |   Link |Feb 26, 2022 1:42:02 PM
IPO Guru IPO Guru (1100+ Posts, 1300+ Likes)
@ Mravi & Arca, I support your viewpoint. It has all the potential to reach Short term 150. Further, after 2-3 quarters, most likely will trade above 200. No need to engage in a spat with anyone. After all market is full of surprises, and no one can claim to have a final word on future stock prices irrespective of the number of years spent in market.
83.1. Trueinfo |   Link |Feb 26, 2022 1:50:47 PM
IPO Guru IPO Guru (1100+ Posts, 1300+ Likes)
I continue to hold one lot and do not intend selling it in a hurry. Intend to buy one more lot around prevailing price. Desperate sellers are mostly out by now. The stock price will be soon taking a healthy positive turn. Should trade at par after war scenario is over.
83.2. MRavichandran |   Link |Feb 26, 2022 3:35:48 PM
IPO Guru IPO Guru (1700+ Posts, 2300+ Likes)
Thanks for your message, my apologies to those invested here by any way upset them by my messages. Lets hope for the best who invested.

p.s: though I can feel the pain of main board IPO in Car trade, Paytm, Windlas, AB AMC, AGS, GLS, Nuvoco, Rategain, Sansera...etc, no 'genius' was there to save us like in DJ.

82. BuLLz EyE |   Link |Feb 25, 2022 9:39:51 AM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
it's always wise to jump off sinking ship
82.6. Alwayslucky |   Link |Feb 26, 2022 11:09:39 AM
@Arca, M Ravi Sir,
Waiting for your reply sir.
82.7. Arca |   Link |Feb 26, 2022 11:19:19 AM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
For djml
Short term -150
Long term - we have to wait for results to have more insights.

For maruti
Max it can go is 254
Safe side if u want sell at 100-110Rs
81. IPO Mitr |   Link |Feb 26, 2022 2:33:34 AM
Stock did fall from INR 267 to INR 96,5 can some one say what is haha here. Isn't it a fact.....did I say any thing wrong.........

Can this gentleman prove that I posted anywhere that he had recommended to buy the share at INR 267?

I never ever told anyone to buy and sell at any specific price (despite people asking specifically) but anyone can very well see how many times GODS of the forums predicted that stock will reverse from specific price points.......and whether I agree with their opinion or not....I did not ask for the conclusive evidence of their very specific predictions then who gives them the right to DEMAND prove of something which will not even have any impact on the future stock price.

If someone brazenly claim their RIGHT to protect their investment by propagating incessant and continuous SPECULATIVE bullishness (on the forum) about the stock ignoring visible pitfalls and without any conclusive reasons then I have my RIGHTS to share what I believe could be potentially be useful for others members of the forum in making their own decisions. This is a public forum to share views and all of us have equal rights to share views without MOCKING or RIDICULING OTHERS.
80. IPO Mitr |   Link |Feb 26, 2022 1:34:22 AM

Make your own understanding ...of who has the HIDDEN AGENDA and who can potentially have HIDDEN AGENDA and then ignore those. Simple. If you believe I have the hidden agenda then please ignore and follow others who you believe do not have hidden agenda......It is as simple as that.

It all started with one or two simple posts of my research which I did for this stock and shared with the forum. Some of the self proclaimed owners of the forums and GODS got so rattled with my posts (especially when some or most of my apprehension turned true) that they started mocking individually and by forming sub groups which ultimately became implicit threats.......if you speak against us then we will collectively bring you down.......and I never said any specific person to be "PARTNERS" someone's guilty conscious speaking.......I know many other people on the forum which I believe are always BULLISH for no obvious reasons but most of these BULLS do not brazenly mock at others or their opinion.

Once again....each of us is entitled to our own opinion but not entitled to MOCK or RIDICULE anyone else........

Guys......I am telling you that I am ABSOLUTELY CLEAR that I am no the GODS of this forum has predicted that anyone else can be wrong but he will always remain CORRECT always....Please follow these GODS not me...I am very sure my opinion/apprehension will turn to be fully/partially wrong in many other IPOs, FPOs or SMEs, Buybacks and the only thing I can guarantee the forum members that my intention will never be to mislead others.
80.1. IPO Mitr |   Link |Feb 26, 2022 1:40:54 AM
Please read ......the last few words as....."mislead others deliberately".
79. Arca |   Link |Feb 25, 2022 2:17:51 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
@ipo mitr
Please see the page 3 annexure -1 point 6 of the announcement
Where all share holders holding 54.13 lakhs share and please refer rhp also to confirm how many share share holders are there after fpo.
Correct me if i am wrong.

Next time if you are unsure of something atleast tell a disclaimer that i don't know for sure.

Don't say repeatedly i know from my trusted sources, and i forgot the link like that, it only reduces reliability of that tag.
Nothing wrong in accepting what you said is wrong.
79.3. Arca |   Link |Feb 25, 2022 2:33:50 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
You nailed it sir 🀣.
Conversation is really going bad. He doesn't want to substantiate with any reason. So let's leave it here.
We shall maintain decorum now onwards 😬.
79.4. MRavichandran |   Link |Feb 25, 2022 11:11:04 PM
IPO Guru IPO Guru (1700+ Posts, 2300+ Likes)
you are my partner now... hahaha, Thanks for that genius quote.

Lets leave the people who have hidden agenda. we have our own rights as being invested here....not asking to sell by giving wrong information's (like it will fall to 50-70 or the IPO people are not entitled for bonus...etc. telling it has fallen from 267 to 96 as if we were thinking it will have buyers at 267. hahaha).

That genius help would be highly appreciated in other IPO's to save the investors or unless he or she could predict only DJ.

78. Alwayslucky |   Link |Feb 25, 2022 12:46:20 PM
Bulls Eye,
Finally your negative view is changed due to volume. Amazing analysis done by you.
78.2. Alwayslucky |   Link |Feb 25, 2022 1:10:00 PM
@ Bullz Eye,
Share ur view on Maruti SME ipo please.
78.3. BuLLz EyE |   Link |Feb 25, 2022 4:24:04 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
i am not tracking maruti

anways, as your name suggests, you are always lucky
you do not need anyone's opinion

77. BuLLz EyE |   Link |Feb 25, 2022 4:08:14 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
i request all members to be respectful to each other.
everyone has right to share his/her views, and no one is forced to follow anyone's advice

for DJM FPO allottees, the pain may be over as this has limited downside now. This may turn positive from monday or tuesday. there will resistance around 125 as lot of FPO allottees will try to exit at no loss
77.3. Alwayslucky |   Link |Mar 4, 2022 1:51:02 PM
Thanks @Bullz Eye for your accurate prediction holding 2 lot now at below 90 level. Kindly share your level for sell also.
77.4. BuLLz EyE |   Link |Mar 4, 2022 3:17:35 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
@Alwayslucky, it will be too early to suggest. lets wait for some time and continue to hold
first target price is 122
76. IPO Mitr |   Link |Feb 25, 2022 2:03:26 PM
It is interesting.......I am never worried about many of the (misleading) opinions and recommendations posted here and not sure why some of the honorable members are so worried about my opinions...... I never pointed fingers at anyone but look at the conduct of some of our honorable members of this forum. This all should help you all in developing your own understanding of how much one should be trusting other's opinion.

The DJ Media share has come down from high of 267.75 to 96.35 today and not once these honorable members have mentioned anything which can benefit the new or potential investors in this stock or protect them and the whole effort has been on ensuring no alternative perspective comes to the light of the forum.

I never told these honorable member to sell there stocks or buy then why this antagonism and hatred.

That is why ......Suno Sabki par karo sirf apne man ki.

76.3. krupa |   Link |Feb 25, 2022 3:11:08 PM
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
@ Ipo Mitr
Ipo mitr is not totally wrong
agar ye itni achchi company he and bonus announcement bhi he to ipo price ke baad bhi lc kyu he?
76.4. IPO Mitr |   Link |Feb 25, 2022 3:57:41 PM
I never commented about the quality of this company or its business. What I commented about was the way .....the company prepared itself for FPO, bonus issue and the movement to main board. Some people here are continuing to directly or indirectly dictate other people to have only Bullish view about this stock when the stock is continuously falling from INR 267.75 to INR 96.5.

1. CLOSING PRICE FROM 01/02/21 to 15/07/21 Range 45.75 to 52
CLOSING PRICE FROM 16/07/21 to 29/12/21 Range 55 to 135
CLOSING PRICE FROM 30/12/21 to 25/01/21 Continues UC till 267.75
CLOSING PRICE on 31/01/21 INR 241.7
CLOSING PRICE on 25/02/2022 INR 96.35

2. After this company issues stock (in FPO) at almost 40-50% discount to its market price (HOW GENEROUS) of 267.75 knowing very well that they will be issuing 1:1 bonus share to ensure movement to main board......

3. Effective price of FPO shares will be .5 X INR 125 = INR 62.5 if we assume that FPO shares will also be considered for bonus shares.

4. And people here un-knowingly or deliberately expecting others to have ONLY BULLISH view even when the stock listed at INR 241 which is almost 4 times of the effective FPO price post listing..........

4. I wish to know what exactly is the USP of the company or its business performance so far that post FPO listing ....the investors can expect 400% return on their investment in one month?

5. I never comment on anyone's way of investing but I will continue to protest deliberate targetting of individuals and alternative opinions whatever those opinions are.

6. Stock market is made of Bulls and bears.......and both together constitute the eco-system......I respect their BULLISHNESS and least they can do is not to mock any alternative opinion and mock and target openly to blatantly bulldoze their point of view......
75. IPO Mitr |   Link |Feb 25, 2022 2:36:13 PM
Dear All,

Some of the people picked up point 3 of my earlier posting and trying to pin me down somehow but

Remember one thing very very clearly, weather Point 3 turns is right or wrong really doesn't matter at all....In any bonus issue the Stock price adjusts to the ratio in which bonus shares are issued. If FPO shares are also considered for bonus issue then fall in share price (post listing of bonus share) will be higher and if FPO shares are not considered for bonus issue then fall in price will be milder.

Take your own call and do not depend on opinion of anyone elses....

Once again.....Suno sabki (including mine) par karo sirf sirf apne man ki........
74. IPO Mitr |   Link |Feb 25, 2022 12:48:38 PM
Few additional facts about this FPO:

1. Bonus has already been declared on 03/02/2022 and it is no longer just a news or rumor.
2. The only purpose of issuing the bonus is to raise Paid-up equity capital of the company to above the threshold needed to move to main board.
3. The shares issued in FPO or bought later will not be eligible to get bonus shares.
4. Whenever bonus shares are listed, the market price of the share is reduced ALMOST in the same ratio.......e.g. for 1:1 bonus......the market price is reduced by ALMOST 50% and then started trading from there.

Suno sabki par karo sirf apne man ki.
74.5. IPO Mitr |   Link |Feb 25, 2022 1:36:47 PM
@BulLLzEyE and @Mravichandran,

I have my own trusted sources and they mentioned the above (Point 3)and I also remember to have read on the internet when I was researching last. I don't remember the link now otherwise would have shared with you.

Please note that document link shared by @Mravichandran doesn't mention the Record date for Bonus Issue.

Suggest you all to take call based on the information you have and not depend only on my post.
74.6. BuLLz EyE |   Link |Feb 25, 2022 1:47:30 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
@IPO Mitr,
Thanks for replying

Usually bonus shares are applicable to all shareholders who hold shares on record date.
Record date has not been announced yet in case of DJM
73. Arca |   Link |Feb 25, 2022 1:27:18 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
@ ipo mitr
Sorry for these offensive words
Any sane πŸ˜‚person could read the point in the third page annexure-1 sixth point on the announcement dated 3rd feb
Post issue of fpo the paid up equity shares is 54.13 lakh shares
And are all are eligible for bonus!!!

35 years experience???
Why people are boasting , as if you are humble saying that i am learner.

Too much of fake negativity in this stock makes me feel more positive thanks a lot.
Innocent retailers lost 25k -30k today.

@ mravi sir ignore his post it is very clear from the announcement.

73.1. IPO Mitr |   Link |Feb 25, 2022 1:40:04 PM

Request you to please ignore my not only this post but also any post which I may make in future.
73.2. MRavichandran |   Link |Feb 25, 2022 1:44:55 PM
IPO Guru IPO Guru (1700+ Posts, 2300+ Likes)
Vanakkam. thanks for your message.

As you said, any one can who has small experience can read those statements. (though it was not announced record date and actual bonus allotment, I am still hoping this will be announced soon.)

He or She asked me to be polite for his or her views. I respected that point and asked politely for 'misleading the forum with the wrong message' which can lead to innocent investors loss.

Yes every body deserves their give views (like it will go down to 50-60 levels or even to zero), but not to give absolutely wrong information.