Most important part
The latest GMP as of 5th July was ~36%, implying strong demand for the IPO.
I would be applying for the IPO in the bHNI category from as many accounts as possible to increase the probability of allotment.
The latest GMP as of 5th July was ~36%, implying strong demand for the IPO.
I would be applying for the IPO in the bHNI category from as many accounts as possible to increase the probability of allotment.
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Latest subscription status
QIB - 0.28x
bHNI - 2.42x
sHNI - 6.53x
RII - 3.92x
This is expected to increase a lot tomorrow as people receive their blocked funds back from Ideaforge and Cyient DLM.
QIB - 0.28x
bHNI - 2.42x
sHNI - 6.53x
RII - 3.92x
This is expected to increase a lot tomorrow as people receive their blocked funds back from Ideaforge and Cyient DLM.
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IPOs and more - by The Momentum Investing Co.
Most important part The latest GMP as of 5th July was ~36%, implying strong demand for the IPO. I would be applying for the IPO in the bHNI category from as many accounts as possible to increase the probability of allotment.
Some sources are showing a GMP of ~25% for this. Still good enough though.
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The allotment for Cyient and Ideaforge are out. Did you get allotment? (I didn't get either despite applying from 7 accounts in each :/)
Anonymous Poll
5%
Got Ideaforge
3%
Got Cyient
87%
Got none
5%
Got both
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Allotment can be checked here
Ideaforge - https://linkintime.co.in/mipo/ipoallotment.html
Cyient - https://kcas.kfintech.com/ipostatus/
Ideaforge - https://linkintime.co.in/mipo/ipoallotment.html
Cyient - https://kcas.kfintech.com/ipostatus/
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To the 36 people who got both (assuming that you voted truthfully), how does it feel to be God’s favourite children?
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Also, just an update, Ideaforge and Cyient DLM would be listing tomorrow, 7th July instead of its original listing date of 10th July.
Senco Gold IPO closes today.
Senco Gold IPO closes today.
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Since a lot of you are new here. Was thinking of doing a session on how IPOs work.
Will cover the A to Z of IPOs. When should we do it?
Will cover the A to Z of IPOs. When should we do it?
Anonymous Poll
54%
This Sunday 3 PM
23%
Next Sunday 3 PM
23%
Some weekday 8 PM
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Looks like they changed Cyient DLM’s listing date back to 10th July. Kya mazak laga rakha hai.
Anyways bumper listing of Ideaforge at a premium of over 90%.
Congratulations to all those who got the allotment :)
Anyways bumper listing of Ideaforge at a premium of over 90%.
Congratulations to all those who got the allotment :)
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IPO updates for the weekCyient DLM to list tomorrow.
Senco Gold’s allotment to be out on Tuesday and expected listing on Friday
Another good IPO opens on Wednesday
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Cyient DLM lists at a premium of 52%
Congratulations to those who got allotment 🤘🤘
Congratulations to those who got allotment 🤘🤘
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The allotment for Senco Gold IPO is out now.
You may check it at the below link
https://kosmic.kfintech.com/ipostatus/
I got allotment in 2 out of 7 HNI applications this time 😌. Compensating for the no allotment in Ideaforge and CyientDLM.
You may check it at the below link
https://kosmic.kfintech.com/ipostatus/
I got allotment in 2 out of 7 HNI applications this time 😌. Compensating for the no allotment in Ideaforge and CyientDLM.
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2 really good IPOs coming up in the next few days.
One opens today and closes on Friday. We’ll share a review by tomorrow on this one.
One opens today and closes on Friday. We’ll share a review by tomorrow on this one.
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Also, if you find the content here valuable, do invite your friends to subscribe to this channel.
You may share the below link:
https://t.me/IPOandmore
We would be organising a free session on the A to Z of IPOs this Sunday. Will share the registration link by Friday.
You may share the below link:
https://t.me/IPOandmore
We would be organising a free session on the A to Z of IPOs this Sunday. Will share the registration link by Friday.
Telegram
IPOs and more - by The Momentum Investing Co.
Never again be a bagholder in the PayTMs, LICs, Cartrades and Policybazaars of the world.
An initiative by The Momentum Investing Co.
An initiative by The Momentum Investing Co.
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Utkarsh Small FInance Bank IPO Review coming up
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What does the company do?
It is a small finance bank (gives teeny tiny loans). It has recorded the second fastest AUM growth between 2019 to 2022.
About the IPO
Amount to be raised - 500 Crores
All of it is fresh issue
Purpose
Augmenting its Tier - 1 capital base to meet its future capital requirements (in simple words - it will use the amount to grow its AUM further.
The IPO application window closes tomorrow 14th July
It is a small finance bank (gives teeny tiny loans). It has recorded the second fastest AUM growth between 2019 to 2022.
About the IPO
Amount to be raised - 500 Crores
All of it is fresh issue
Purpose
Augmenting its Tier - 1 capital base to meet its future capital requirements (in simple words - it will use the amount to grow its AUM further.
The IPO application window closes tomorrow 14th July
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Quota
Retail 10%
Small HNI - 5%
Big HNI 10%
Lot sizes
Retail - 600 shares (15k INR)
Small HNI - 8400 shares (2.1 lakhs)
Big HNI - 40200 shares (10.05 lakhs)
Financials of the company
While profits fell between 2020 to 2022, its revenue steadily grew and doubled between 2020 to 2023. And in 2023, profits soared up by >6x.
Most important - Grey Market Premium
There is strong demand of the IPO in the grey market with the shares trading at a premium of between 50-60%.
Retail 10%
Small HNI - 5%
Big HNI 10%
Lot sizes
Retail - 600 shares (15k INR)
Small HNI - 8400 shares (2.1 lakhs)
Big HNI - 40200 shares (10.05 lakhs)
Financials of the company
While profits fell between 2020 to 2022, its revenue steadily grew and doubled between 2020 to 2023. And in 2023, profits soared up by >6x.
Most important - Grey Market Premium
There is strong demand of the IPO in the grey market with the shares trading at a premium of between 50-60%.
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