Initial Public Offerings - IPO Market Initial Public Offerings - IPO Market
4th March 2011, 11:40 AM
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Lovable Lingerie IPO
Here is new IPO opening next week.
Size: Rs. 88.73 - 93.28 Crore
Issue Price:
Rs. 195 - Rs. 205
Market Lot: 30 Shares
Minimum Order Quantity: 30 Shares
Listing At: BSE, NSE
Opens:
Mar 08, 2011 - Mar 11, 2011
Anyone is going with this sweet woman's stuff.
.
Happy Investing!
5th March 2011, 11:27 PM
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How on earth can someone convince his orthodox family to invest in such stocks?
6th March 2011, 05:46 PM
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It is branded high value clothing man. And a high margin branded business as well
.
6th March 2011, 08:07 PM
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Hi Folks,
Can anyone provide expert analysis on this IPO?
Lingerie market in India is still very less and it is possible that it may grow with increased urbanization.
However, it may be too soon to invest in this, tough call.
Looking for inputs from expert members in this forum.
8th March 2011, 09:51 AM
Sachin Asher
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It is a good business. but the IPO is expensive.
If the IPO gets subscribed a few times, traders may apply for listing gains and sell at 9:15 AM.
Most probably, I won't be applying.
The IPO closes on 11th and I may change my mind on the last day if there is strong institutional demand.
8th March 2011, 10:04 AM
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Quote:
Originally Posted by
Alchemist
It is a good business. but the IPO is expensive.
What do you think is the fair value for the stock?
8th March 2011, 11:01 AM
Sachin Asher
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Quote:
Originally Posted by
sudhashbahu
What do you think is the fair value for the stock?
I think the "fair value" is around 150.
This doesn't mean the stock would become a "great bargain" at that price.
To be a "great bargain", the stock would have to go much below "fair value".
8th March 2011, 04:08 PM
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How is it compared to jockey-fame Page Industries ?
8th March 2011, 04:23 PM
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Quote:
Originally Posted by
Atiker
How is it compared to jockey-fame Page Industries ?
There is a
blog by our fellow boarder man4urheart on elliot wave.
I wanted to ask you some question but you neither except private message via e-investing, nor your blog accepts any comments
.
8th March 2011, 05:28 PM
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Quote:
Originally Posted by
Atiker
There is a
blog by our fellow boarder man4urheart on elliot wave.
I wanted to ask you some question but you neither except private message via e-investing, nor your blog accepts any comments
.
Hi Atiker,
Our fellow boarder man4urheart does accepts request on his blog, just post a relevant comment there.
He has already shared his views on this IPO
here .
9th March 2011, 01:37 PM
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QIBs and NIIs have stayed away from the IPO on day 1. Only Retail investors put in some bids.
2:00PM - Day 2 figures on NSE also show zero bids from QIBs and NIIs.
9th March 2011, 03:16 PM
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Anchors include
HDFC
SBI MF
DSP Black Rock
HSBC Equity Fund
Birla Sun Life
I may go for this one.
9th March 2011, 04:01 PM
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Quote:
Originally Posted by
sudhashbahu
QIBs and NIIs have stayed away from the IPO on day 1. Only Retail investors put in some bids.
2:00PM - Day 2 figures on NSE also show zero bids from QIBs and NIIs.
Mostly QIB activity is seen more on last day.
Happy Investing!
10th March 2011, 08:45 AM
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Quote:
Originally Posted by
Atiker
Anchors include
HDFC
SBI MF
DSP Black Rock
HSBC Equity Fund
Birla Sun Life
I may go for this one.
Seeing the anchor investors like of hdfc, sbi and dsp.I am also thinking to apply for one lot.
If it lists good i'll nullify with one of my ipo mess of Ramky.
10th March 2011, 10:13 AM
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Today's IPO listing (50% premium) encourages investors to go for this.
.
However as mentioned, valuation-wise its not cheap.
Happy Investing!
10th March 2011, 11:39 AM
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10th March 2011, 12:21 PM
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Quote:
Originally Posted by
kris_mar
That's the trigger for me to apply for this IPO
.
10th March 2011, 01:47 PM
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Quote:
Originally Posted by
magnet
That's the trigger for me to apply for this IPO
This is a very small issue, retail portion is only 1592500 shares (32.64 Crores at Rs 205/share).
Considering the increase in Retail limit to Rs 200,000, the allotment chances are very poor.
Watch the QIB demand and then decide whether you want to apply or not.
10th March 2011, 03:05 PM
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Quote:
Originally Posted by
kris_mar
Watch the QIB demand and then decide whether you want to apply or not.
Agree. Dust will be cleared by End-of-Day.
Quote:
For QIB bidders Issue closes on Mar 10, 2011
10th March 2011, 05:22 PM
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The issue has been subscribed 21.87 times in qib segment. I feel that the business is great.
Although, the issue seems expensive, I think that the robust growth expected will able to sufficiently compensate it.
I am subscribing for the issue but would look to sell my shares on listing if I find a decent price i.e. more than Rs 250.
I hope that the issue does not cross 20 times in the retail segment at least.
11th March 2011, 09:33 AM
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Alchemist!
You stay away or will apply ?
I put half application. Let's see.
Happy Investing!
Last edited by San Yad : 11th March 2011 at 09:58 AM .
11th March 2011, 10:00 AM
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How can one withdraw an order placed in ICICI Direct IPO ?
Need urgent help !
11th March 2011, 10:11 AM
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Applied one application.
11th March 2011, 10:25 AM
Sachin Asher
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Quote:
Originally Posted by
Prudent_Investor
How can one withdraw an order placed in ICICI Direct IPO ?
Need urgent help !
As far as I know, you can't do it online.
11th March 2011, 10:28 AM
Sachin Asher
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Most probably, I will be applying for some shares.
I will be selling at 9:15 AM. No second thoughts.
11th March 2011, 10:36 AM
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Quote:
Originally Posted by
Alchemist
As far as I know, you can't do it online.
Finally, able to withdraw it. The order status was "Under Process" earlier so it was not allowing withdrawal. Once it got "Executed" there is an option to withdraw.
This was a very good listing opportunity with good QIB demand. However, need to take delivery of a margin position
.
Best of luck to all boarders for allotment
.
11th March 2011, 10:37 AM
Sachin Asher
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Applied for 720 shares (Rs 147600).
I used Kotak Bank's ASBA for the first time.
.
11th March 2011, 10:49 AM
Sachin Asher
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Applied for 510 shares (Rs 104550) from dad's ICICIDirect account.
11th March 2011, 10:59 AM
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Quote:
Originally Posted by
Alchemist
Applied for 510 shares (Rs 104550) from dad's ICICIDirect account.
What a common figure
I too applied for 510 shares.
Any reason you liked to apply for 17 lots instead of 16 for half application?
For me, I might think about coming IPO.
Hence need money for that too. That's why whatever extra money currently I had in this a/c, just parked here.
Hope it would not get subscribed more than 16 or 17 times
.
Happy Investing!
11th March 2011, 12:59 PM
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Skipping the IPO as I might need the cash for something else.
Best wishes for all those applying.
11th March 2011, 01:42 PM
Sachin Asher
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Quote:
Originally Posted by
San Yad
Any reason you liked to apply for 17 lots instead of 16 for half application?
I used up all the money that I had in my Kotak Bank account. Now I have just Rs 10000 in that particular account.
11th March 2011, 05:58 PM
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Full lot applied from 3 accounts. With 34 times subscribed, 24 times in retail chances look dim of allotment.
11th March 2011, 10:30 PM
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Applied 2 full applications through ASBA.
12th March 2011, 10:07 AM
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Applied for one full application and one of 14 lots. With retail subscription at 20 times will get at least one lot.
13th March 2011, 12:09 AM
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21st March 2011, 11:26 AM
Sachin Asher
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I have been allotted 36 shares for the 720 share application.
ASBA money has been unblocked.
21st March 2011, 11:55 AM
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Amount deducted for 1 lot from my a/c.
I applied for 17 lots.
Happy Investing!
21st March 2011, 12:56 PM
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Sbi Asba
SBI ASBA provides Bid cum application number as "002E304970002268". I tried most combinations to get the allotment status @ "Link Intime" website with no success.
Any Idea?
21st March 2011, 01:34 PM
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got 48 shares for 1 full application.
21st March 2011, 01:42 PM
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Quote:
Originally Posted by
rakeshranjan.scs
SBI ASBA provides Bid cum application number as "002E304970002268". I tried most combinations to get the allotment status @ "Link Intime" website with no success.
Any Idea?
Just remove Alphabet and then try.
By the way you have not been allotted any shares.
Application Number : 002304970002268
Company Name Lovable Lingerie Limited
Application Details
Sole / 1st Applicant RAKESH RANJAN
Cut off Price 205
Shares applied 60
Allotment Details
Shares Allotted 0
Amount Adjusted 0
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