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IPOs & Stock market - Discussion Thread

IPOs & Stock market - Discussion Thread

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Hamster
Analyst
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Welcome.

Markets are going crazy and it’s IPOs galore in bull market. October will see atleast 5 IPOs out of which 3 are confirmed. My views are

Godrej Agrovet – Long term/listing gains
MAS Financial – Listing Gains/For risk takers
IEX India – Risk takers/avoid – Steeply priced

IEX India investor PTC sold it’s share at 140 odd 5 years ago. Few more investors sold from 290 to 600 range in last 2-3 years due to regulatory reason (5% max stock holding in exchange), they are asking 1650 now! Justified? You decide.

In MAS, Motilal Oswal sold share at 338 and they are asking 459 now in a year. This much premium is justified? In rising market, may be. P/E is also higher side considering much bigger players like M&M, Bajaj Finserve etc.

Godrej Agrovet is pick right now with much big production scale, wide reach and less P/E compare to animal feed and dairy products peers. Godrej has good managment and known for leaving something for investors. Take your call.

Disclaimer – This thread is for discussion and doesn’t provide any investment or related information. All investments carry market related risk and one should consult advisors before taking any decision.

635 Comments  |  
72 Dimers
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oh this is the reason you kept marketdimer https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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Deal Subedar
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…..GMP
SBI 31 – 33
Prataap 230 – 240
Godrej 110 – 115
MAS 180 – 190….

Hope Nifty stays above 9660…else premium may erode very fast…

Hamster
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Godrej Agrovet fully subscribed on 1st day.

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marketdimer wrote:

Godrej Agrovet fully subscribed on 1st day.

this is be a bang on ipo i feel
ill c the stats on 6th after 12pm and will apply.

Sharingan hd pictures 4
Deal Subedar
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marketdimer wrote:

Godrej Agrovet fully subscribed on 1st day.

51%

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Deal Lieutenant
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GIC listing this Month

Hamster
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Godrej Agrovet 10.60 times total, 4.87 times in retail at 1 pm. (No mistake in calculation this time. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif)

Tumblr nfaqajuvfr1tgz4rco1 500
Deal Lieutenant
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marketdimer wrote:

Godrej Agrovet 10.60 times total, 4.87 times in retail at 1 pm. (No mistake in calculation this time. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif)

That’s great! So I can leave hopes of any allocation to me yet again https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Hamster
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raghupro wrote:

That’s great! So I can leave hopes of any allocation to me yet again https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Apply in family members name. I applied 4 lots, possible retail will be 8 times. So there’s atleast 50% chance. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Thing is, have to arrange 2.4 lacs within a week for all 4 IPOs. They should have brought these within some gap. https://cdn3.desidime.com/assets/textile-editor/icon_sad.gif

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marketdimer wrote:

Apply in family members name. I applied 4 lots, possible retail will be 8 times. So there’s atleast 50% chance. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Thing is, have to arrange 2.4 lacs within a week for all 4 IPOs. They should have brought these within some gap. https://cdn3.desidime.com/assets/textile-editor/icon_sad.gif

Subscription details as of 02:30 PM:

1) QIBs- 29.13X
2) NIIs/HNIs- 46.12X
3) Retail- 1.84X

Overall Subscription- 33.27 Times.

I have applied 30 lots i.e 960 @ Cut off price 460. MAS Financial also having lot size of 32 shares. Will apply last day, same 30 lots. btw I never purchase good company stocks for listing gains only. Time Horizon- 3-5 yrs for me atleast. So those who are looking for listing gains won’t get much. Premium expected is 55-75 only.

Hamster
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Almost 100 times! Retail just 6.7 times. Chance of allotment increased. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

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marketdimer wrote:

Almost 100 times! Retail just 6.7 times. Chance of allotment increased. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

almost 52x subscription right?
nw waiting for astec to boom https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

Hamster
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mrKool_JJ wrote:

almost 52x subscription right?
nw waiting for astec to boom https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

52 is only for bse. To get full figures one has to add nse figures too. Right now subscription figure is 95x approx and is closed for qib and nii. Some nii must have filled forms by paper method so the total may go upto 100×. Retail closes at 5.30 so retail could go upto 7×.

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marketdimer wrote:

52 is only for bse. To get full figures one has to add nse figures too. Right now subscription figure is 95x approx and is closed for qib and nii. Some nii must have filled forms by paper method so the total may go upto 100×. Retail closes at 5.30 so retail could go upto 7×.

Good news for ppl like me:lol:

Hamster
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MAS is already 90% with 1 hour and just 3 more days to go. Looks like people are in hurry to apply. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

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mrKool_JJ wrote:

almost 52x subscription right?
nw waiting for astec to boom https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

today’s session was just as excepted.

macd breakout, cmf was super bullish n also getting support of ichimoko https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

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what about general insurance co

%e2%80%aa 91 72102 87984%e2%80%ac 20180226 112224
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Applied 2 application for both mas and godrej

Hamster
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amaangera wrote:

what about general insurance co

It’s 2nd biggest ipo ever. Coal india got brilliant response from retail and was successful too due to good pricing by government. Current government looks greedy, leaving nothing for retailers apart from 5% discount. Everyone will get allotment as issue is quite big and since it’s priced so high that there will be negligible listing gains as well as long term benefits being priced as per bull market rate. Current gmp is just 9-10 rs. Doubt it’ll give any good returns.

%e2%80%aa 91 72102 87984%e2%80%ac 20180226 112224
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marketdimer wrote:

It’s 2nd biggest ipo ever. Coal india got brilliant response from retail and was successful too due to good pricing by government. Current government looks greedy, leaving nothing for retailers apart from 5% discount. Everyone will get allotment as issue is quite big and since it’s priced so high that there will be negligible listing gains as well as long term benefits being priced as per bull market rate. Current gmp is just 9-10 rs. Doubt it’ll give any good returns.

What is the retail allocation 10% or 35%

Hamster
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By the way I’ll apply in GIC. Need just 0.95 for break-even. Uske upar jitna mile utna profit. 30-40 to deke jayega per share agar 10-15 discount pe list hua bhi to. 300-400 rupye free ke ban jayenge. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

%e2%80%aa 91 72102 87984%e2%80%ac 20180226 112224
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marketdimer wrote:

35%.

Then i think it will list at below issue price.

Matrimony have 10% discount with 10% allocation and they manage to list at 985 at issue price.

But gic is large ipo with 5% discount only with 35% retail allocation.

Means these 35% retailers will pull down the listing price to below issue brice.

If it will 10% retail allocation than it is ok.

So better to buy after listing if anyone want to add in portfolio for long term

Hamster
Analyst
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taujipanipat93 wrote:

Then i think it will list at below issue price.

Matrimony have 10% discount with 10% allocation and they manage to list at 985 at issue price.

But gic is large ipo with 5% discount only with 35% retail allocation.

Means these 35% retailers will pull down the listing price to below issue brice.

If it will 10% retail allocation than it is ok.

So better to buy after listing if anyone want to add in portfolio for long term

LIC and PSU mutual funds will come for rescue. Government will not want a bad name. In every PSU divestment stocks generally trade at par value because of LIC ka support. Moreover there will be no pressure from nii. Matrimony was a bad IPO and met it’s fate. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

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marketdimer wrote:

It’s 2nd biggest ipo ever. Coal india got brilliant response from retail and was successful too due to good pricing by government. Current government looks greedy, leaving nothing for retailers apart from 5% discount. Everyone will get allotment as issue is quite big and since it’s priced so high that there will be negligible listing gains as well as long term benefits being priced as per bull market rate. Current gmp is just 9-10 rs. Doubt it’ll give any good returns.

in my view it’ll be like a great hit as cdsl was….. as it never down company and monopoly in reinsurance business

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applied 1 lot of Pratam snacks, luckly got 1.

luckly sold on 1300 rs https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

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marketdimer wrote:

LIC and PSU mutual funds will come for rescue. Government will not want a bad name. In every PSU divestment stocks generally trade at par value because of LIC ka support. Moreover there will be no pressure from nii. Matrimony was a bad IPO and met it’s fate. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

agreed.

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