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ASK Automotive Limited IPO Message Board (Page 26)

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22. Thiagarajan Ramasamy |   Link |  Bookmark | November 6, 2023 1:13:02 PM
Top Contributor Top Contributor (700+ Posts, 200+ Likes)
@Admin @ Chittorgarh.com 
Kindly post all Brokerages Recommendations about this Issue apart from that of Mr DD.
22.1. Paymzia |   Link |  Bookmark | November 6, 2023 3:29:12 PM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)
Our family members recommendation is enough for any IPO
21. Iamfoolish |   Link |  Bookmark | November 6, 2023 8:50:53 AM
Ask automotive or protean e-gov which stock is going to be better for long term perspective. I have budget for only one to apply which one i should prefer?
21.1. ipobull |   Link |  Bookmark | November 6, 2023 11:38:59 AM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
ASK Automotive
21.2. newgen consultancy |   Link |  Bookmark | November 6, 2023 12:43:18 PM
IPO Guru IPO Guru (3300+ Posts, 5700+ Likes)
ASK automotive for long term
20. Pangaj Don't be like me |   Link |  Bookmark | November 5, 2023 6:57:01 PM (200+ Posts)
#Off topic

Hi experts,

Can we buy bse,cdsl,mcx shares at current levels
20.1. Boondi consultancy |   Link |  Bookmark | November 5, 2023 10:44:23 PM
Mcx looks good to me ..
20.2. Sandeep Kumar sethi |   Link |  Bookmark | November 6, 2023 6:08:46 AM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
For 20% Cagr you can buy definitely,all three companies are Monopoly
19. UMESH Goyal |   Link |  Bookmark | November 5, 2023 3:41:52 PM
GMP:45-46 🚀@4:30 PM
18. Rajkumar Bhuj |   Link |  Bookmark | November 5, 2023 2:26:32 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
How much subscription is expected in BHNI?
17. newgen consultancy |   Link |  Bookmark | November 5, 2023 12:56:02 PM
IPO Guru IPO Guru (3300+ Posts, 5700+ Likes)
GMP : 56-62
17.1. Manan Surana |   Link |  Bookmark | November 6, 2023 9:32:10 AM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
25% ???
16. Sandeep Kumar sethi |   Link |  Bookmark | November 5, 2023 12:47:49 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
Shni category me allotment chances Easf me rahega or protein me
16.1. Elon Maast |   Link |  Bookmark | November 6, 2023 11:38:18 AM
Protean
16.2. IPO mining |   Link |  Bookmark | November 7, 2023 10:18:36 AM (200+ Posts)
Vitamin mein
15. Ankur Chugh |   Link |  Bookmark | November 5, 2023 12:23:51 PM
Latest gmp 50-52
14. K.M.K |   Link |  Bookmark | November 5, 2023 11:39:26 AM
DOMS Industries Limited files DRHP with SEBI for IPO

FV: 10

Fresh:350 Crore*

OFS: 850 Crore*

QIB: 75%
NII:15%
Retail: 10%
13. K.M.K |   Link |  Bookmark | November 5, 2023 11:35:00 AM
Flair Writing Industries Limited other details given below 👇

FV: 5

Fresh: ₹365 cr*
Total : 770 cr (Not 100% sure) *

Retail: 35%
12. K.M.K |   Link |  Bookmark | November 5, 2023 11:15:26 AM
3 Companies Got SEBI Approval for IPO
Muthoot Microfin IPO
Flair Writing Industries IPO
Happy Forgings IPO.

Happy Forgings Limited file DRHP with SEBI for IPO

FV: 2
Fresh: 500 Cr
OFS:8,054,910 Shares
Retail:35%

Other ipo details coming soon 🔜
11. Anil Shravan Bodade |   Link |  Bookmark | November 4, 2023 5:36:51 PM
Gmp details and anchor list please share
11.1. Paymzia |   Link |  Bookmark | November 4, 2023 5:46:49 PM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)
Anchor list will come on Monday night
As of now no gmp activity
10. Sandeep Kumar sethi |   Link |  Bookmark | November 3, 2023 8:34:46 AM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
Newgen consultancy please reply 3 ipo coming next week, give your suggestion in which ipo I invest and give your priority no.1,2,3 because I want to invest shni and retail category on priority basis
10.7. Manish Goplani |   Link |  Bookmark | November 5, 2023 12:15:50 PM
@newgen consultancy ESAF funds won't be free for protean but can be used for ASK if unblocked. That will also be a factor. For people like us applying BHni, difficult to apply for 2 IPOs together. So after ESAF, it will be ASK.
10.8. Manish Goplani |   Link |  Bookmark | November 5, 2023 12:24:26 PM
ASK GMP started 20%
9. Virat Kohli |   Link |  Bookmark | November 3, 2023 12:09:10 PM
ek BC POWER CONTROL company aai thi from same place KAROL BAGH.
full of kachra.
8. Ankur Goel |   Link |  Bookmark | November 2, 2023 4:24:57 PM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
One of my friend working in automobile sector is advising to strictly avoid. He is saying company is not worthy as it's business is declining.
8.22. MuStrFc |   Link |  Bookmark | November 8, 2023 6:46:07 PM
IPO Mentor IPO Mentor (1400+ Posts, 700+ Likes)
@Elon Maast Par dum seedhi tab bhi nahi hogi !! Koi bhi pehchaan lega. Below the belt criticism is totally useless.
8.23. Josh Machine |   Link |  Bookmark | November 9, 2023 12:24:29 AM
Shayad ye Elon maast Raju hi hai..
7. IPO mining |   Link |  Bookmark | November 2, 2023 10:43:36 AM (200+ Posts)
Complete OFS...Ride the wave since there are better companies with more diverse portfolio in automobile sector..pritika/ricoauto/jamna/autoaxle/talbro/minda etc all are between 10-30 pe, mother-son, Sona 65ish etc..
Very expensive and ride the wave but it cannot justify the valuation for making brakes
6. RAJ ARYA |   Link |  Bookmark | November 2, 2023 10:19:04 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Ask Automotive IPO - 1 Year Back Buyback of 37,50,000 Shares done at 240 from Promoter

🔴 Now price 268 - 282
5. newgen consultancy |   Link |  Bookmark | November 2, 2023 2:08:55 AM
IPO Guru IPO Guru (3300+ Posts, 5700+ Likes)
Price Band Officially Declared. 268-282

M.cap : 5559.4 cr
PE : 45.2

Issue size : 833.9 cr

PE is on a very Higher Side
And Valuations demanded are Honestly Very High .
A bug upset for retailers

If FY24 Earnings on TTM Basis are concerned then if comes at 39.9 times
And If Earnings are taken Logically
Then considering PAT of this year at 148 cr
Then PE FY24 : 37.5 times

Now the PE brought On This year's expected earnings brings some sense
Still the valuations are not attractive

Still 5-10% scope left and can expect 10-15% gains coming if Market considers this IPO positively

ESAF is much better than this and Protean
I am waiting for Flair , Happy Forgings
Muthoot microfin , INOX India , Polymatech electronics and all the Small Finance Banks coming up
5.6. raviagjpr |   Link |  Bookmark | November 2, 2023 1:48:17 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Jab Mama Earth ka maal bik gya to iska bhi bik hi jayega
5.7. Shashank.moon |   Link |  Bookmark | November 4, 2023 5:57:40 PM
You said that is very less left on table for listing, how you determine that, in simple I'm asking from which parameter you compare to give this statement
4. newgen consultancy |   Link |  Bookmark | November 1, 2023 7:10:30 PM
IPO Guru IPO Guru (3300+ Posts, 5700+ Likes)
Calculating Price Band is a very difficult Thing in this IPO .
It's Peers :
1.Endurance Tech : 41.3
2.Uno Minda : 48.3
3.Bharat Forge : 82.3
4.Suprajit Engineering : 32.8
5.ZF Commercial : 75.1

Average PE : 55.9

I believe IPO will come at a PE of around
32-34 times FY23
If It's PE is below 30 , Reasonable Gains possible , If 30-38 times 15-20 % ,
If above 38 times or more - Small gains10-15%
Kuch na kuch Gains toh banenge

Considering my Approximation of around
32-34 times Then M.cap comes at 3295 to 3400 cr

Expected Price Band : 195-215

Issue size of around : 590 cr

Hope our small analysis is Respected like In Protean .
Slight possibility that it can come at more expensive valuations
4.1. ultrasnow |   Link |  Bookmark | November 2, 2023 1:22:17 AM
Price band 268-282

3. shri kishan meena |   Link |  Bookmark | October 31, 2023 6:08:05 PM (300+ Posts)
Admin please check qib portion retail allocation 50 %
Correct this
3.3. newgen consultancy |   Link |  Bookmark | October 31, 2023 9:27:35 PM
IPO Guru IPO Guru (3300+ Posts, 5700+ Likes)
I did a Blunder here ,
I read Shri Krishna Meena
Means I read Krishna instead of Kishan

Sorry Sir
Galti se mistake ho gayi
3.4. shri kishan meena |   Link |  Bookmark | October 31, 2023 9:45:55 PM (300+ Posts)
Never mind often happens!