31. Eagleye| Link| Bookmark|
August 3, 2019 4:24:53 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Spandana Sphoorty IPO - Schedule (Pg #439 of RHP)
31st July - Price Band to be announced 02nd Aug - Anchor List 05th Aug - Offer Opens 07th Aug - Offer Closes 14th Aug - Finalisation of Basis of Allotment 14th Aug - Initiation of Refunds 16th Aug - Credit to Depository Accounts 19th Aug - Commencement of Trading
Spandana Sphoorty IPO - Issue Information *(FINAL)*
Issue Opens on: 05 August 2019 Issue Closes on: 07 August 2019 Issue Type: Book Built Issue IPO Issue Size: 1,40,29,622 Equity Shares Face Value: Rs.10/- per Equity Share Issue Price: Rs.853 - Rs.856 per Equity Share Market Lot: 17 shares Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 5,96,33,683 Equity Shares Fresh Issue of 46,72,897 Equity Shares @856 = Rs.400.00 Crores Offer for Sale of 93,56,725 Equity Shares @856 = Rs.800.94Crores Equity Shares outstanding after the Issue = 6,43,06,580 Equity Shares
There seems to always have been an infinite intellectual property in our country whichever leads and functions the nation in the form of a handful of politicians, always on the lookout to sensationalise the otherwise simple and smooth lives of our countrymen who have made them their representatives, so that a sense of anarchy is maintained.
Thanks...anchor count good... Around 60% qib portion already gone to anchor.... Let's see final day Kya hota hai... Bandhan bank jaisa story repeat ho sakata hai...
29.4. Medge| Link| Bookmark|
August 2, 2019 9:23:56 PM
IPO Guru (1300 Posts, 1900+ Likes)
@Ritesh Maheta Thank You,
@king Vinod @rajakumar sir, your view on anchor list?
Ya! Government has a lot more important things to do. Like figuring what remains to be taxed after taxing everything from birth to death, from living to the dead.
Also privatise Police. We have a lot of credible businessmen with incredible skills for the task. I can think of a few names. Anil Ji Ambani? How would you like him as the Inspector General? I mean the CEO of India's privatised police force? Sounds good I guess?
It's all about patience now.The day is not far when one can buy stocks like Maruti, Bajaj, Hero Honda etc at sub IPO prices or even below their face values if one can wait a tad longer.
Just tell your parents, they need not rue selling their IPO allotted Maruti shares too soon or not being able to catch Bajaj and Hero at their nascent stage. Because SHE is here now and with her pathbreaking policies, SHE is sure to bring back the golden days. :D
Contrary to general believe that 'market' is a capitalist's idea, doesn't it look so social? Caring for the downtrodden, left-out folks, or those born late or unprivileged , giving them opportunity to buy stocks at the prices they could have never afforded.
I's psuedo socialism.Would buying those belweathers turned penny stocks make sense? I guess not because the days ahead would belong to the Chinese, Americans and Koreans.
Tesla, Hyundai, MG, Kia would partner with the usual suspect local tycoons to send Tata and Maruti, the HAL and MTNL's way.
25.4. Ou Ai| Link| Bookmark|
August 2, 2019 9:56:08 AM
Top Contributor (300+ Posts, 300+ Likes)
This is indeed a good news for those who are waiting to add these front line stocks at sub IPO price. Do help us in also giving IPO price of Maruti, Bajaj and Hero Honda and many more..so investors here can buy as it falls
Um... Maruti I believe was priced at Rs. 115. Buy there and hold the way gold is held by every household. I mean a 100+ years hoping for either the regime or the policies to change for better.
25.6. Ou Ai| Link| Bookmark|
August 2, 2019 6:47:04 PM
Top Contributor (300+ Posts, 300+ Likes)
Maruti given a return of 4300% excluding dividend in 16 years. When do you expect it to be available at 115? another 100+ years?
What was the IPO price of Hero Honda and Bajaj that you are expecting to be reality soon?
Lol! ...Stock markets don't move in a linear fashion. Do they? It's not like a stone you threw at a 45° angle that must come down in a time-bound parabolic manner.
If policies are wrong, what was achieved in 16 years can be destroyed in even a couple of years. There is no algabraic method to calculate and arrive at the speed of debacle. Nokia quoted at € 28 in 2007 and inspite of being a going concern quotes at a tad above € 4 today.
MTNL quoted at Rs. 216 in 2006 and today it has no takers even at Rs. 7. Similarly RCOM quoted at Rs. 790 in 2008 trades at close to a rupee now. The same RCOM for which MTNL's progress was made to stall. One must remember.
As for Bajaj and Hero if the policies don't change I expect those concerns to become defunct. In simple words, they would go out of business.
Can apply for this ipo as listing is on 19th till then all the dust will get settled. I am worried about affle's listing. Our strong and stable govt might spoil the party.
If mrkt does not recover in couple of days, then investors may shy away from this ipo...especially retail.....hopes every thing settle down soon bcoz selling is temporary and growth is permanent....
Investors shied away. After Sterling and Wilson Solar IPO , Spandaan Sphoorty also cut down its IPO size by 30 %. IPO size now reduced to 800 Cr. from 1200 cr. from 1500 cr.
Eps 53 as oo 2019 Pe is 16 Industry high and low is 43 and 8.8 RONW 16% NAV 316 so price to book is 2.7 times Sattin low pe 8.8 and book value is 1.7 times Bajaj Finance pe is 43 and book value is 9 times Total Debt is 3012 Cr. and Total Equity Share Capital and otherr Equity is 1890 Cr. June 21st 2018 21 lakh shares private placement to some one at Rs.235
Hey! The name sounds appealing but make sure none of the congressmen eversince the inception of Congress could be related to this one. We must know that before Cobra post or any incumbent politicians tell us that.
The way all these scams perpetrated from the pre independence era are coming to the fore, makes me kind of nervous about NBFCs you see.
Look at what's been happening with DHFL, IL&FS, Indiabulls ..Holly shit!! wasn't that basket once the apple of every inwaster's eye?
Yeah! That's the magic of the linguistic flexibility. One can change the way a word is spelt to incorporate the innuendo without hampering the way its pronounced or hurting a certain category of people when it's pronounced. That's a win win for everybody, isn't it?
Hey Anarchist , Welcome back. Well said .Anarchy everywhere in the market in the economy after the end of her progressive budget speech.Yes , 'invest' in stock market means ' In Waste ' whatever you have. Kindly do post at least one or two in this new IPO season not necessarily related to IPO , may be the happenings of Kolkata or Bengal or post naturally as usually as you used to post earlier.
Thanks buddy. The real fun though would be when a company is made to bid for their own shares sold by desperate cash starved promoters in need of money to run a million different vote accretive schemes.
On a side note: So whIich IPOs are in the pipeline? Mazgaon dock? LIC? ...lol ..