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  #1  
Old 13th March 2018, 09:58 AM
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Default Bharat Dynamics IPO



Opens today till 15th March

Price Band : 413-428

Lot size : 35

Issue Size : approx Rs 850 crores
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  #2  
Old 13th March 2018, 08:05 PM
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Quote:
Originally Posted by entee View Post
Opens today till 15th March

Price Band : 413-428

Lot size : 35

Issue Size : approx Rs 850 crores
What are the views of forum members on this?
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  #3  
Old 14th March 2018, 10:22 AM
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I am still reading the RHP.

There isn't much grey market premium for Bharat Dynamics.

However I feel there is a good chance that the stock will list at a decent premium to the IPO price.

I expect government institutions to support the IPO generously.

I will add more later.
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  #4  
Old 14th March 2018, 11:46 AM
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Default

Quote:
Originally Posted by Alchemist View Post
I am still reading the RHP.

There isn't much grey market premium for Bharat Dynamics.

However I feel there is a good chance that the stock will list at a decent premium to the IPO price.

I expect government institutions to support the IPO generously.

I will add more later.

How to get a sense of grey market premium? Any resource to check?

Applied for this IPO from 2 accounts.
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  #5  
Old 14th March 2018, 03:48 PM
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Quote:
Originally Posted by Yamahan View Post
How to get a sense of grey market premium? Any resource to check?
Google it.

There are many websites that update grey market rates on regular basis.

e.g. chittorgarh.com

Another option is to get in touch with any local broker with good contacts. Most of them can tell you the prevailing rates.
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  #6  
Old 14th March 2018, 05:38 PM
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I have applied for this from 4 accounts. I think it will find sufficient support. Also there is a Rs 10 retail discount (which actually worries me since a lot of dumping of shares happens for companies with retail discount).
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  #7  
Old 15th March 2018, 11:40 AM
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Not much demand till 11 AM.

There are many IPOs closing next week and thus I may skip this one if the demand doesn't pick up by 1 PM.

It is a PSU IPO and thus will get fully subscribed for sure.
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  #8  
Old 15th March 2018, 01:11 PM
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Only 0.57 times subscribed till 1 PM.

LIC has run out of money? .
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  #9  
Old 15th March 2018, 07:26 PM
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Subscription closed at 0.87 times. Not a very comfortable situation to be in for investors. Will they go ahead with the IPO given that it's under subscribed?
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  #10  
Old 19th March 2018, 10:35 AM
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Quote:
Originally Posted by entee View Post
Subscription closed at 0.87 times. Not a very comfortable situation to be in for investors. Will they go ahead with the IPO given that it's under subscribed?
The issue was subscribed 1.3 times.
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