Premier Energies Limited IPO Final update | Nifty 25000 crossed? | 26/8/2024

Anant ka funda

26 Aug 202409:39

Summary

TLDRThe video script discusses an upcoming IPO, emphasizing its large size of 2830 crores and comparing it to other IPOs in the 200-250 crore range. It advises viewers on applying under different categories, including retail, NI small, and NI big, highlighting the chances of allocation. The speaker shares personal insights and strategies for applying with multiple names for higher chances and discusses financial aspects, market trends, and potential reactions to the IPO. The script also touches on the promoter's actions, market sentiment, and the importance of consulting financial advisors before investing.

Takeaways

📈 The upcoming IPO is expected to be large, with a size of 2830 crores, which is significant compared to the usual IPOs that range between 200-250 crores.
💡 The allocation chances in large IPOs can be competitive, especially if applying with multiple names within a family, which is a common practice to increase the chances of allotment.
🛒 Three categories are mentioned for the IPO: Retail, ENI Small (around 2 lakhs), and ENI Big (around 98.8 lakhs), with considerable interest in the ENI Big category.
💼 For those with limited funds, it's advised to open a DEMAT account if not already done, and the speaker shares a personal link for account opening with additional benefits.
💰 If the fund availability is between 1-4 lakhs, applying in the Retail category is suggested, while for higher funds, applying in the ENI Big category is considered a better option.
🚫 The speaker advises avoiding the ENI Small category due to lower chances of allotment and higher competition from retail investors.
📉 The speaker shares a personal expectation that the IPO might list at a premium and offers to keep the audience updated with an 'Open for All Free' session if the allotment comes by evening.
🏦 The script also discusses the financials of the company in the IPO, mentioning losses in 2022-2023 but a turnaround and profitability due to new clients, making it an interesting IPO to study.
📊 The speaker provides a personal view on the market, suggesting that if the market continues to rise, it could impact the stock price, and mentions a potential support level for the NIFTY.
📈 The script touches on the overall market sentiment, with small and mid-cap stocks performing well, and large-cap stocks expected to lead if the market reaches new highs.

Q & A

What is the total size of the IPO discussed in the script?
-The total size of the IPO discussed is 2830 crores.
What is the comparison being made with other IPOs in terms of size?
-The comparison is made with other IPOs that are typically around 200-250 crores in size.
What are the chances of getting an allotment in this IPO if applying with multiple names?
-The chances of getting an allotment are competitive and high due to the large size of the IPO and the number of applicants.
What are the three categories mentioned for IPO application?
-The three categories mentioned are Retail, NI Small (New Investors with applications around 2 lakhs), and NI Big (New Investors with larger amounts).
What is the application amount for NI Small and NI Big categories?
-The application amount for NI Small is 7900 and for NI Big is 98800.
What is the advice for someone with a limited budget for the IPO application?
-For someone with a limited budget, it's advised to apply through as many Demat accounts as possible, even if the amount per application is small.
What is the strategy if the person has a larger budget for the IPO application?
-With a larger budget, the strategy is to apply in the HNI Big category, which has an application size of 98.8 lakhs, and to maximize the chances by applying with as much funds as possible.
Why is the NI Small category not recommended for application?
-The NI Small category is not recommended because the chances of allotment are very low due to the high number of applicants with limited funds.
What is the current gray market premium for the IPO discussed in the script?
-At the time of the script, the gray market premium for the IPO is around 70.
What is the advice regarding the financial advisor before investing in the IPO?
-The advice is to consult with a financial advisor and study the financials before making any investment decisions in the IPO.
What is the discussion about the promoter's group and their actions?
-The discussion is about the promoter's group transferring shares from one entity to another and the implications of such actions on the IPO and investor sentiment.

Outlines

00:00

📈 IPO Discussion and Investment Strategy

The speaker begins by discussing an ongoing IPO, emphasizing its large size of 28.3 billion, which is significant compared to the usual IPO size of 200-250 million. They highlight the importance of focusing on large IPOs due to the higher chances of allocation. The speaker then delves into the different categories of the IPO: retail, NI small (applications around 200,000), and NI big (applications of 988,000). They provide personal insights on investment strategies, such as applying under multiple names if possible, and the benefits of opening a DMAT account. The speaker also discusses the potential of upcoming IPOs and advises viewers to consult with their financial advisors before making decisions.

05:02

🤔 Reflections on Promoter Actions and Market Analysis

In this paragraph, the speaker reflects on the actions of a company's promoter, who transferred part of his stake to his trust and reduced his own stake. They discuss the potential implications of this move and the promoter's subsequent comments on the matter. The speaker also touches on the timing of the promoter's actions, suggesting that it could have been handled differently. They provide their personal views on the impact of such news on stock prices and advise investors to perform their own analysis. Additionally, the speaker provides an update on the market situation, discussing the performance of Nifty and bank Nifty, and shares their trading strategy for the day, including entry and exit points for potential trades.

Mindmap

Keywords

💡IPO

IPO stands for Initial Public Offering, which is the process by which a private company goes public by offering its shares to be traded on a stock exchange for the first time. In the video, the speaker discusses an upcoming IPO that is open from the previous day until Thursday, indicating it as a significant event for potential investors.

💡Retail

In the context of the video, 'retail' refers to retail investors, who are individual investors as opposed to institutional investors. The speaker mentions a strategy for retail investors to apply for the IPO in the 'retail' category, suggesting different application amounts like ₹15,000 and ₹85,000.

💡Application

An 'application' in this script pertains to the act of applying for shares in an IPO. The speaker talks about the different amounts one can apply for in various categories, such as 'retail' and 'HNI small', and the chances of getting an allotment based on the amount applied for.

💡Allotment

Allotment in the context of an IPO is the distribution of shares to successful applicants. The video discusses the chances of allotment being 'comparatively high' when applying with multiple names, indicating the strategy to increase the likelihood of receiving shares.

💡HNI (High Net Worth Individual)

HNI refers to individuals with a high net worth, typically investing significant amounts in financial markets. The script mentions 'HNI small' and 'HNI big' categories, which likely differentiate the amount of investment and possibly the allotment chances in the IPO.

💡Demat Account

A Demat account is an account that holds securities in electronic or dematerialized form. The speaker provides a link for opening a Demat account and mentions that even if one does not have a Demat account in the name of every family member, they can open one using the provided link.

💡Investment Strategy

The speaker outlines a personal investment strategy regarding the IPO, including deciding whether to apply for the 'retail' category or wait for better opportunities with upcoming IPOs. This strategy is a key part of the video's content, guiding viewers on how to approach the IPO.

💡Profitability

Profitability in the script refers to the company's ability to generate profits, which is a critical factor for investors considering an IPO. The speaker mentions the company's past losses and the turnaround to profitability as part of the IPO analysis.

💡Financial Advisor

A financial advisor provides professional advice on investment and financial planning. The video script emphasizes the importance of consulting with a financial advisor before making investment decisions, which is a prudent approach highlighted by the speaker.

💡Market Trend

The term 'market trend' in the script refers to the general direction in which the stock market is moving. The speaker discusses the current market trend, mentioning that small and mid-cap stocks have performed well, while large-cap stocks are leading the market.

💡Nifty

Nifty is a stock market index for the National Stock Exchange of India. The video mentions Nifty levels, such as 24850 and 25030, which are critical support and resistance levels that can influence trading decisions and market movement.

Highlights

Discussing the Premier IPO opening from yesterday to Thursday and covering some important aspects related to it.

The total size of this IPO is 2830 crores, a large size compared to other IPOs which are usually around 200-250 crores.

Applying under multiple names increases the chances of getting allocation in large IPOs.

Three categories are mentioned: Retail, NI Small which requires applications around 2 lakhs, and NI Big Exact Amount.

For limited funds, opening a DMAT account in the names of all family members is suggested.

Links for opening DMAT accounts are provided, with additional benefits for opening through the given link.

For 1-2.5 lakhs, applying in the Retail category is better than NI Small where chances of allocation are lower.

For funds above 15-30 lakhs, applying in 6-8 lots in the HNI Big category is recommended.

The speaker shares their personal mindset and approach towards this IPO.

The IPO has already crossed 70 in the grey market, and the anchor book is expected to be available by tonight.

The company had losses in 2022-23 but has shown profitability recently due to new clients.

The promoter's group has restrictions and limitations on what can be said, affecting the IPO's perception.

Proxy advisors had concerns about the promoter's actions, but the situation has improved now.

The speaker expects the stock to remain stable for two days and then react to the news.

Discussing the Nifty's current status and the possibility of a bounce back if it retests the 24850 level.

Bank Nifty is compared to Nifty, with an important support level around 850 for further movement.

Focusing on important stocks like Reliance for the market to reach new highs.