Baheti Recycling Industries Limited IPO Message Board (Page 11)

Borrowing (Debt) is high at about 50 crores whereas market cap of the company at issue price is about 47 crores. Is it not too high ?

@Liger
Who cares for debts and other short comings.
'SME' hai to sab chalta hai. It is better to apply than keeping money in the bank. These are small issues and generally run by market makers. People have made lots of money.
No doubt, I have never received any SME allotment. "NADI KE KINARE BAITHE HAI, KABHI TO LAHAR AAYEGI".
Applying with a hope to get allotment any time.

Hey, anyone here do grey deal,
Or know any dealer,
Letmeknow it

Hems expert in finding Gems and public like tHems

The world "recycling" is just to catch attention. Its a age-old industry, earlier all these companies were called "xxx aluminum alloys". These companies import scrap (mostly from Middle East, Europe), melt it and other alloying elements, maintain the chemistry and make alloys

For players in this industry, its a high cash flow game, and one leads advance (L/C) to book scrap, then time for conversion, and finally customers ask for credit period. Very little value addition and hence little profitability. If one has cash, anyone can open this. Century (whose IPO is also in line) is the leader in India and sets the price

Typical industry margin is 1-3% only. Revenues depends on scrap price (related with aluminum LME price) and last year prices were at a peak, now they are down ~30% and so revenues of Baheti should also come down

Pritika or Baheti?

Please suggest.

If you are retailer go by last minute subscription.
Baheti is better than pritika but go by subscription figures.

Baheti customers - TATA STEEL , ESSAR , JSW STEEL , GN ALTECH
BEST OF LUCK EVERYONE FOR ALLOTMENT..

Apply full force.
Long term ka 🐎 hai....

NPM of just 1%? How this IPO gonna sail through?

No one is going to see or care about financials, issue is brought to you by HEM. So Sirf naam hi kaafi hai.

It will be a super hit and real scope for upward journey due to no QIB (they flip the stock on listing day in SMEs - a pathetic approach).

Thanks

Don't use "no one" instead few ones, financial matters otherwise Many investors losing money very fast.

@PK
Hem ipo + gujarat based + no QIB + Recycler word in company name, all are good ingredients to make it Superhit ipo.

@Hiren, go and check Lloyds barber ipo you will get answer of your comment

Many people faithfully apply on hem name...

Thanks.

BEST IPO AMONG ALL SME

Is it?
Double listing h kya ?

Sir, Please give more details about this IPO. How it is best. So that it will be useful to take a decision to apply

Dear
Chalak lomadi & shahukaar sir
Jai shree Ram

Abhi ke 3 sme ipo me se konsa bharna achha rahega

CHALAK & SHAHUKAAR SIR DONO EK HI ADMI HAI

Aa gayi ye company bhi 'baheti' ganga me haath dhone..

NICE 1

:)

Hem Ka Jadu chalega fir se

One more. Going to be super hit.

Margins?????
BUT, beast part - HEM !!!!!!!!