Today, Kaynes will list in 15 minutes (I believe a lot of you got allotment for Kaynes). All the best!!
Dont want to jinx it by talking about the GMP :p
Dont want to jinx it by talking about the GMP :p
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If one applied for just listing gains, they can take profits
If one applied because they liked the fundamentals, they may HODL
I personally would book half at 10 AM and hold the rest based on the trend
If one applied because they liked the fundamentals, they may HODL
I personally would book half at 10 AM and hold the rest based on the trend
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IPOs and more - by The Momentum Investing Co.
Will be conducting the IPO session again this Sunday for those who are new here or were not able to attend the last time. https://forms.gle/9pAKSLm6T36yDEGbA You may register for the session using the above link. The invite will be shared on Saturday via…
We will analyse the new IPO in Sunday’s session
You may register for it via this link (if you haven’t already)
While the session is free of cost, the seats are limited. So please register only if you are going to attend 🙏
You may register for it via this link (if you haven’t already)
While the session is free of cost, the seats are limited. So please register only if you are going to attend 🙏
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IPOs and more - by The Momentum Investing Co.
Inox Green Energy IPO closes today Ongoing GMP - less than 10% Financials - Company is in losses as of now I would be avoiding this IPO because there are other better opportunities where I’ve already applied. The stock may list at a small premium, but I…
As expected, Inox Green had a poor listing.
Listed at a discount of 8%
When it comes to IPOs, while it is important to increase probability of getting good IPOs, it is even more important to avoid the not so good ones.
Listed at a discount of 8%
When it comes to IPOs, while it is important to increase probability of getting good IPOs, it is even more important to avoid the not so good ones.
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2 IPOs to look forward to next week
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IPOs and more - by The Momentum Investing Co.
Will be conducting the IPO session again this Sunday for those who are new here or were not able to attend the last time. https://forms.gle/9pAKSLm6T36yDEGbA You may register for the session using the above link. The invite will be shared on Saturday via…
Will analyse both these IPOs in Sunday’s session.
Registration for the session closes tonight.
Register below:
https://forms.gle/9pAKSLm6T36yDEGbA
Registration for the session closes tonight.
Register below:
https://forms.gle/9pAKSLm6T36yDEGbA
Google Docs
The A to Z of IPOs - By The Momentum Investing Co.
Topics to be covered:
1. What is an IPO?
2. The process of an IPO
3.Types of IPO
4. Technical terms and other details
5. How can an individual investor make money form IPOs
Date: 20th November 2022
Time: 4 PM to 6 PM
1. What is an IPO?
2. The process of an IPO
3.Types of IPO
4. Technical terms and other details
5. How can an individual investor make money form IPOs
Date: 20th November 2022
Time: 4 PM to 6 PM
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IPOs and more - by The Momentum Investing Co.
Will analyse both these IPOs in Sunday’s session. Registration for the session closes tonight. Register below: https://forms.gle/9pAKSLm6T36yDEGbA
This is now closed
Invites will be resent by tomorrow 3 PM via whatsapp
The invites that some of you would have received last week are still valid 🤘
Invites will be resent by tomorrow 3 PM via whatsapp
The invites that some of you would have received last week are still valid 🤘
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IPOs and more - by The Momentum Investing Co.
Will analyse both these IPOs in Sunday’s session. Registration for the session closes tonight. Register below: https://forms.gle/9pAKSLm6T36yDEGbA
Got a lot of messages requesting to reopen the registration for this. So it is still on
The invites will be shared by 3 PM with all those who register
The invites will be shared by 3 PM with all those who register
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Coming up in an hour
An analysis of Dharmaj Cropguard IPO
An analysis of Dharmaj Cropguard IPO
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Dharmaj IPO Review
Application Window – 28th November to 30th November 2022
Size of the IPO – 251 Crores
Fresh issue – 216 Crores
Offer for sale – 35 Crores
Retail Quota – 35%
HNI Quota – 15%
Lot sizes
Retail- 60 shares
Small HNI – 900 shares
Big HNI – 4260 shares
Price Band: INR 216-237 (For retail, choose cut-off price, for HNI, choose the upper limit)
Business – Producer and marketer of Agrichemicals
Financials
• Both earnings and revenue have grown at a healthy rate over the past few years
• Fundamentals and valuation, both are positive
• Refer to the snapshot of financials shares before this
Grey market premium
• GMP as of 28th November 2022 is ~20%
View
While I would take the final decision around 12 PM on 30th November, as of now I would be applying for the IPO
However, if I had to choose one of the 2 IPOs, (Dharmaj and Uniparts), I would choose Uniparts because it would have a much higher probability of allotment (because of the size). Dharmaj is a much smaller IPO (251 Crores) vs Uniparts (835 Crores)
Application Window – 28th November to 30th November 2022
Size of the IPO – 251 Crores
Fresh issue – 216 Crores
Offer for sale – 35 Crores
Retail Quota – 35%
HNI Quota – 15%
Lot sizes
Retail- 60 shares
Small HNI – 900 shares
Big HNI – 4260 shares
Price Band: INR 216-237 (For retail, choose cut-off price, for HNI, choose the upper limit)
Business – Producer and marketer of Agrichemicals
Financials
• Both earnings and revenue have grown at a healthy rate over the past few years
• Fundamentals and valuation, both are positive
• Refer to the snapshot of financials shares before this
Grey market premium
• GMP as of 28th November 2022 is ~20%
View
While I would take the final decision around 12 PM on 30th November, as of now I would be applying for the IPO
However, if I had to choose one of the 2 IPOs, (Dharmaj and Uniparts), I would choose Uniparts because it would have a much higher probability of allotment (because of the size). Dharmaj is a much smaller IPO (251 Crores) vs Uniparts (835 Crores)
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The GMP of Uniparts has fallen a little bit to 12-15%
The GMP of Dharmaj has held well. Also, Dharmaj has far better fundamentals and the agrochem sector overall is in an uptrend. Making Dharmaj a good apply.
However, do note that the probability of allotment will be higher in Uniparts India
The GMP of Dharmaj has held well. Also, Dharmaj has far better fundamentals and the agrochem sector overall is in an uptrend. Making Dharmaj a good apply.
However, do note that the probability of allotment will be higher in Uniparts India
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Dharmaj subscription numbers as of today
Retail 7.75x
Small HNI 10.85x
Big HNI 7.68x
I expect these numbers to go up drastically tomorrow
Big HNI would likely end up being above 30-40x
Small HNI in similar range
Retail can go up to 15-20x
Retail 7.75x
Small HNI 10.85x
Big HNI 7.68x
I expect these numbers to go up drastically tomorrow
Big HNI would likely end up being above 30-40x
Small HNI in similar range
Retail can go up to 15-20x
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Latest subscription numbers of Dharmaj
QIB - 9.25x
Small HNI - 34x
Big HNI 33x (practically 6.6x)
Retail 16x
QIB - 9.25x
Small HNI - 34x
Big HNI 33x (practically 6.6x)
Retail 16x
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IPOs and more - by The Momentum Investing Co.
Dharmaj subscription numbers as of today Retail 7.75x Small HNI 10.85x Big HNI 7.68x I expect these numbers to go up drastically tomorrow Big HNI would likely end up being above 30-40x Small HNI in similar range Retail can go up to 15-20x
Final subscription numbers and approximate probability of allotment - Dharmaj Cropguard
QIB - 48.2x
Small HNI 51x
Big HNI - 53x
Retail 21.5x
Prob of allotment (approximate)
Small HNI - 2-2.5%
Big HNI - 10-12%
Retail - ~5%
QIB - 48.2x
Small HNI 51x
Big HNI - 53x
Retail 21.5x
Prob of allotment (approximate)
Small HNI - 2-2.5%
Big HNI - 10-12%
Retail - ~5%
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Uniparts IPO review coming up by 1 PM today
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