Cochin Shipyard Ipo Going to be Blockbuster
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Many Brokage House already Given Thumbs up….Looks like very Promising Company
I am going to invest around 1 lakh…….Welcomes all members view on this
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Me?
Important word in my comment was “if”
> The shipyard business is highly dependent on global economic conditions
> The entire business operations of the company is based out of a single shipyard at Kochi
> Business is subject to extensive government regulation
> The company is dependent on the Cochin Port Trust for certain basic services required for daily operations.
> Nature of fixed price contracts
> Loss of any of the company’s major customers or a reduction in their orders
> Failure to succeed in tendering for shipbuilding or ship repair projects for the Indian Navy in the future
> Weak tendering activity for ship building/repairs (from the Indian Navy and the Indian Coast Guard who account for 85 percent of revenue) could impact the business
> Delay in commercial operations of Dry Dock project or project completions could result in cost overruns
> Volatility in raw material prices like steel could hamper operating margins
> Commercial shipbuilding industry is highly cyclical in nature
Source: moneycontrol
Pls give the proper reasoning too with fundamentals will invest if its convincing https://cdn2.desidime.com/assets/textile-editor...
are you a keralite?
Nope
What about SIS
How abt SIS ???
I think ….ipo will go under-subscribed
good to see investors in this group
As per livemint its 1.38 times today’s close
Just apply for 1 – 2 lots.. no point putting full 1L into it.
Anyone applied SIS ???
not till but i will apply for 1 lot Tomorrow …..but i see only 10% upside there …
76 times subscribed.
When is allotment and listing date?
Retail gone above 8, gmp 200+, strong buyer .
Applied 1 lot..
Still regret selling avenue supermart on listing day..
Yes you get 1 lot but when u apply high no. Of lots.
There will be chaces to get 1 lot easily
chances are same if you apply 1 or 10.
Subscribed 76 times ……as predicted sureshot 33% up on listing day
You can check the allotment status here, would be updated by end of day hopefully.
Still not finalise allotment status
Didn’t get it
It is Ipo
Shares market u will learn then u will understand
Me neither.
Didn’t alloted
Buy from market @551
Still holding..
Wat if we dont have money
if its going to be a blockbuster, u apply 1 lot or 10 lots , your chances of allocation are same.