Views on Urban company IPO

[Kumar93196]

Been working with urban company and from inside company is not doing great as its partners are not happy with the treatment and looking another firms to switch...

The only benifit of uc is its monopoly

 

[Animal]

This discussion reminds me of the quote by Howard Marks.

It’s not what you buy, it’s what you pay. And success in investing doesn’t come from buying good things, but from buying things well. And if you don’t know the difference, you’re in the wrong business.

 

[sunit123]

If it ofs, promoter / investors get money directly. Otherwise, company gets money. In this case, ofs is big part of IPO.

Why will current investors not waiting for listing ( or an year if there is any lock-in)?

As per SEBI, min public holding should be 25%...Urban company is only complying with the same...ITC and LT has zero promoter holding still they are blue eyed boys of investors

As someone rightly mentioned that invest in companies whose products we use...I am using urban company services from last 8 years and see huge potential as investor.

Lets see if shares are allotted through lottery or proportional basis

 

[Animal]

As per SEBI, min public holding should be 25%...Urban company is only complying with the same...ITC and LT has zero promoter holding still they are blue eyed boys of investors

As someone rightly mentioned that invest in companies whose products we use...I am using urban company services from last 8 years and see huge potential as investor.

Lets see if shares are allotted through lottery or proportional basis

All the best for allotment.

 

[sunit123]

Been working with urban company and from inside company is not doing great as its partners are not happy with the treatment and looking another firms to switch...

The only benifit of uc is its monopoly

many companies failed in last 10 years to replicate UC model...Be it No broker, house joy, Ramu Kaka etc....Monopolistic businesses are best for investment.....Partners will keep cribbing but they will not leave the company as they do not have any other option....They cannot earn without UC

I hope, you invested under employee category

 

[Kumar93196]

many companies failed in last 10 years to replicate UC model...Be it No broker, house joy, Ramu Kaka etc....Monopolistic businesses are best for investment.....Partners will keep cribbing but they will not leave the company as they do not have any other option....They cannot earn without UC

I hope, you invested under employee category

😂 Yup thats correct

 

[hender]

What's your Views on Urban company IPO

Financial: Not impressive previous 2 FY.
OFS: out of 1900 CR IPO- 1428 is OFS.

Update : Can't be a part of UC lottery..
Bank refused at last time to accept, so is the broker, to amend/cancel and start new.

 

[Animal]

Update : Can't be a part of UC lottery..
Bank refused at last time to accept, so is the broker, to amend/cancel and start new.

I always use ASBA. That is most reliable.

 

[Jatayu]

I check gmp and apply. Sell on listing day.

100 baaton ki ek baat. I too apply based on that. When market is unstable, I apply only 35%+ Gmp ones. Never in my life I got a loss on listing day just based on Gmp profit probability

 

[Jatayu]

I always use ASBA. That is most reliable.

Exactly. Initially I was using Upi mandate way for 1-2 years but soon due to it's unreliability and extra efforts, I switched to Asba which is ultra fast and highly reliable. Even gets Fd interest on stuck amount which is not possible in Upi mandate way.

 

[Animal]

Exactly. Initially I was using Upi mandate way for 1-2 years but soon due to it's unreliability and extra efforts, I switched to Asba which is ultra fast and highly reliable. Even gets Fd interest on stuck amount which is not possible in Upi mandate way.

Yeah best part of ASBA is that your linked FD amount can be blocked. No need to keep money idle in savings account.

 

[hender]

Yeah best part of ASBA is that your linked FD amount can be blocked. No need to keep money idle in savings account.

Exactly. Initially I was using Upi mandate way for 1-2 years but soon due to it's unreliability and extra efforts, I switched to Asba which is ultra fast and highly reliable. Even gets Fd interest on stuck amount which is not possible in Upi mandate way.

Your banker for FD and asba !!?

 

[Animal]

Your banker for FD and asba !!?

I have been using IndusInd. Created FDs in IndusInd due to better interest rates.

 

[Jatayu]

Your banker for FD and asba !!?

Kotak
Icici
AU

 

[ccninja]

hi, i would like to know more about asba and using fd amount for applying ipo. i have HDFC, ICICI, AXIS and sbi bank. currently using upi way. how to setup and pay through asba?

 

[Jatayu]

hi, i would like to know more about asba and using fd amount for applying ipo. i have HDFC, ICICI, AXIS and sbi bank. currently using upi way. how to setup and pay through asba?

This post of mine will answer all your queries in detail.
https://technofino.in/community/thr...pply-ipo-using-sweep-in-fd.12980/post-1083400

 

[shashank08]

Is anybody applying for IPO for minors?
Which bank do you guys use for the ASBA?