14.1. lokes| Link| Bookmark|
December 30, 2023 1:25:47 PM
IPO Guru (4400+ Posts, 5100+ Likes)
As of now, it looks fully priced, it can give some listing gains around 20 to 30% , and almost no chance for negative listing...if allotted it can be hold for 1 more quarter results atleast in april month and then it can be decided to hold or book profits....And if its giving more gains in listing or in some days after listing, say 40-50%, then profit can be booked in my view....
@lokes , are you still holding Magson? It has moved up well and holding. Should be kept for long? Also has bought one lot Varanium @105 but it is struggling post my purchase, any idea, Not sure if @MRavichandran still holding Varanium.
Some people are here only for listing gains, Davda sir suggests based on fundamentals to apply and if lists negative you can hold it for short to middle to long terms. But many people are not bothered about holding it, as they are only looking for listing gains. So even if fundamentally good stock is there, but if listing gains are not good, few people will talk negative about it
12.2. rohiitian| Link| Bookmark|
December 29, 2023 12:13:13 AM
IPO Guru (1100+ Posts, 700+ Likes)
I'm also struggling to understand - financials look very ordinary but few members like this stock. Is there an Order Book that they've disclosed somewhere that suggests strong revenue growth is coming? What am I missing?
@rohiitian : Exactly, financials are ordinary. The company will not give you overnight profits, you will have to wait for it to grow as the management is strong. You will make money, not quickly, but definitely, in long run
@rohiitian bhai, the clientele is quite impressive. Power & Infra are among the sectors of fancy. These could be some factors behind the interest.
12.5. rohiitian| Link| Bookmark|
December 29, 2023 10:36:53 AM
IPO Guru (1100+ Posts, 700+ Likes)
@CA Dhiraj Ramchandani@ValueSeeker Hmm yes clientele & sector is good, but that's not convincing to me with high PE & declining revenue. Couldn't get 100% clarity on booked orders / forecast for this year from RHP - they are delivering ~45 Cr of projects currently, but not sure if that's already booked revenue or not, and new tenders bid for currently is only ~21 Cr (not yet won, no clarity on historical win rate). So unable to get a handle on what revenue will be this year.
Will also be subscribed heavily looking at numbers - so will skip this for other IPOs closing today.
Kapoor ji, Please don’t address me as Sir. I will be more happy to be treated as your brother. By the way, thank you very much for your kind wishes. God blesses you with all the best.
IPO Smart ji, Welcome. Thank you n all the best to you.
ASBA can't say. Through UPI, mostly yes since BOA is tomorrow and mostly by tomorrow night or early morning next day, funds will be released, if not alloted.
7. G profit| Link| Bookmark|
December 28, 2023 5:22:40 AM
IPO Mentor (1100+ Posts, 300+ Likes)
Company prospects are good, LM track record is good, QIB subscription on first day is good, DD sir has given APPLY. Revenues are decreasing for the past three years (profits are increasing) seems to be the only deterrent. Now waiting for Ipo gurus and experts view. @lokes@newgen consultancy@Crow@abc xyz@MRavichandran And others, pls give your views.
7.1. Basuvr| Link| Bookmark|
December 28, 2023 5:52:57 AM
IPO Guru (2000+ Posts, 1100+ Likes)
Debt is heavily increasing and company is not in a mood to repay it to any extent with the IPO funds.
@Mukesh Elon Adani Designer Baby 🍼 with three genetic 🧬 parents (Mukeshh , Elonn & Adanii) .. what a milestone has achieved by Genetic Engineering .. 🤣 .. Marvellous .. ✌️Ludwig Wittgenstein gave picture theory / language game for humans but here aquatic animals @BLUE WHALE 🐳 also can read write ✍️ & speak 🗣️ .. 🙊 .. God Is Great .. 👏
Revenue, Profit are going down Y-O-Y. Borrowings are going UP Y-O-Y. PE demanded is extraordinary. This will sail even if the issue price was 110/-. Thanks to Euphoria...
19.2. IEC| Link| Bookmark|
December 23, 2023 10:49:02 AM
IPO Mentor (700+ Posts, 400+ Likes)
@IPOFreak Yes in this euphoria it's possible that it will subscribe heavily even at price 110.Company already gain 25% by postponing ipo two months but still gmp running for this. Narlonia have mixed record earlier in heavily subscribed ipo like cellcor and inspire films also.
19.3. rohiitian| Link| Bookmark|
December 23, 2023 1:40:27 PM
IPO Guru (1100+ Posts, 700+ Likes)
Financials are terrible, initially thought there was some mistake and data had been entered incorrectly (FY'21-'22-'23, instead of FY'23-'22-'21) but RHP confirms the numbers listed is correct.
Just because of (undoubtedly fake) GMP, I'm sure this will be subscribed 100x+. Easy avoid, save capital.
19.4. ipo share| Link| Bookmark|
December 24, 2023 8:54:38 AM
IPO Guru (1600+ Posts, 700+ Likes)
@IPOFreak Yes, very surprising that everything is in reducing mode i.e. revenue, profit, assets, networth, borrowings. Wonder whether auditor has committed mistake in typing of year of performance (it should have been in reverse mode) 😂