Hot Deal

CAMs, Chemcon and Angel Broking IPO reviews

2248°
Tech Guru
bikidas2060

What are your opinion guys???
Today ipos for CAMs n Chemcon have already commenced.

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Benevolent Benevolent
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Don’t apply for any. sunglasses
If you know what i mean smile
#ApkaApnaJJ wink

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Deal Legend Deal Legend
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Mostly ppl are agreeing in the this order for listing gains:
Chemcon: more than 50%
CAMS: 20 to 25%
Angel: <10%

Chemcon seems most attractive so far but very less chance of allotment as ~300cr IPO
Fair chances of allotment in CAMS and Angel

PS: Route Mobile listed @ 104% listing gain

Benevolent Benevolent
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Route ek ka do as i had already mentioned hushed
This IPO wasn’t that convincing but the stats really worked in their favor.

Deal Lieutenant Deal Lieutenant
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Apply everything, and enjoy as even good ipo like SBICARDS has given listing loss.

Critic Critic
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Will see bhai, haven’t applied for any ipo till now & unless see some really strong reason then chances of applying are low.

Deal Cadet Deal Cadet
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avoid Angel broking…rest okay

Deal Cadet Deal Cadet
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why, any reasons??

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Benevolent Benevolent
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Last week i had funds but didn’t get any this week i’ll have to arrange funds and i guess i will be allotted all these so next week k liye uti, mazgaon aur lithika k liye no money sad
So chose your fav one wisely.

Finance Ninja Finance Ninja
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Uti, mazgoan ke liye free ho jynge tab tak.

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Deal Cadet Deal Cadet
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dont have the funds. can apply to only one ipo. i am choosing chemcon

Deal Subedar Deal Subedar
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book profit or hold for Route mobile ?

Critic Critic
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No need to even ask, book as much profit as possible whenever you get the chance because once this market bubble bursts it will take years to recover.

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Deal Lieutenant Deal Lieutenant
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IPO Updates:

1. Mazagon Dock Shipbuilders IPO is expected to open on 29th Sept.

2. Likhita Infra IPO is opening from 29th Sept.

GMPs:-
CAMS 345
Chemcon 260
Angel 35

Enjoy, IPO festival is going on !

Deal Newbie Deal Newbie
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All are good yet if u have limited fund and want allotment then go for CAMS and if u have enough fund apply in all three. chemcon is lottery if u get

Deal Hunter Deal Hunter
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I read this thread in hopes of understanding something after reading through some basics but it all went over my head 😑
I guess I’ll stay away…

Generous Generous
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The thread is about ipos. U can apply to ipo if u have demat acc. If alloted u can gain some profit on listing.

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Deal Lieutenant Deal Lieutenant
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Can we cancel the application made?

Deal Cadet Deal Cadet
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Konse ipo ka krna h?

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Deal Cadet Deal Cadet
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Today’s market correction pulled GMPs down.

Now GMP is:
CAMS 280
Chemcon 240
Angel 25

Deal Cadet Deal Cadet
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what is gmp??

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Super Stud Super Stud
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For me chemcon is a go,
CAMS – Avoid
Angel – Need to see 1st day figures.

Deal Cadet Deal Cadet
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UTI AMC IPO – Schedule (Tentative)

25th Sept – Announcement of Price Band
29th Sept – Anchor Investors Allotment
30th Sept – Offer Opens
05th Oct – Offer Closes
08th Oct – Finalisation of Basis of Allotment
09th Oct – Unblocking of ASBA Accounts
12th Oct – Credit of Equity Shares to Depository Accounts
13th Oct – Commencement of Trading

Deal Subedar Deal Subedar
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CAMS is good for long run, but expect some headwinds in the short term.

CAMS derive nearly 90% of revenue from servicing mutual funds.
Dip in mutual funds inflow and declining markets due to COVID doesn’t augur well in the short term.

P.S. I subscribed CAMS primarily because of strong cash flows, margins in the range of 35-40%, asset light business model, and high entry barrier.

Finance Ninja Finance Ninja
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It’s a portfolio stock. Market leader, almost monopoly.
But Valuations not good for Listing gains. People may get disappointed as there’s less scope of listing gains due to stretched Valuations. For instance, Hdfc amc is around 39pe and it is around 35. If it lists 50% premium (probability is low), it’ll be trading way more than HDFC AMC and that imo isn’t sustainable for LONG.
BUT, it’s indeed a pf stock. Add on major dips type.

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Deal Subedar Deal Subedar
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Avoid Chemcon at all costs!!

Would you lend your money to a person with criminal record?

One of the promoters has criminal case going on. Further, there is a litigation on Insider trading by SEBI.

Finance Ninja Finance Ninja
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Ofcourse not!
But then Who cares if fig will be 100-200x, take the listing gain and get aside. Most ipos deserve to be exited on listing. Even HDFC AMC dived to 1200 even though it listed at 60% premium from its issue price of 1100.

Low float is a moat these days! laughing
@Awake

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Deal Subedar Deal Subedar
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Should I apply for one lot in each or applying for more lots will have better chances (or more shares) for allotment in CAMS and CHEMCON?

Benevolent Benevolent
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1lot 1 pan 1 demat
Always ensure you are following this 1-1-1 rule when ipo is oversubscribed. smile
#ApkaApnaJJ relieved

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Deal Newbie Deal Newbie
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Except angel , apply other two. Sure angel ipo will be listing loss  ,at current market conditions

Benevolent Benevolent
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Stats for all 3 firms are not at all convincing.
As usual, day 3 will be the gamechanger hushed

Deal Cadet Deal Cadet
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Chittorgarh is good website for ipo related info

Deal Hunter Deal Hunter
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If two back to back IPOs(HM,RM) give good returns, then it definitely encourage investors to apply for succeeding IPO without any good reason. smile

Deal Cadet Deal Cadet
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Yes, you can

Budding Star Budding Star
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CHEMCON sunglasses

Tech Guru Tech Guru
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Chemcon go for it

Deal Subedar Deal Subedar
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I read somewhere that route mobiles is oversubscribed in the grey market too. What is grey market here?
Also markets and metal prices used to be inversely proportional. Now they are both going down. What is the reason behind this?

Critic Critic
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Grey market is like an underground market of shares where people deal in shares outside of regulatory framework of bse/nse. If you really want shares but not sure of getting it in ipo then you try the grey market(of course just like any underground market it needs you to know whom to meet & which place to go to, no online deal here).

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Deal Newbie Deal Newbie
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Grey Market Premiums

CHEMCON- 200+
CAMS – 300-500+
ABROKING – 50-60+

Subscribe accordingly

Note – Its just possible listing . it may open -ve

Deal Newbie Deal Newbie
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no

Deal Cadet Deal Cadet
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Let’s keep this group for bhai koi offers hai kya. Stick market mein cashback milega

Generous Generous
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Yes its a deal, Even if u order there is no guarantee product will ship. And cashback is totally random, the only downside is it can be negative also.

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