Deepak Chemtex Limited IPO Message Board (Page 9)

not much expected, LM interesting
last time same industry YCCL below IPO price and much better than this. may be I am wrong kindly please your own research

Ustad bhai, your last line was not completed, you are saying some broker not allowed for sell day of listing sme ipo, why this, and I have two accounts one from Geojit bnp Paribas and second Groww broker, if I apply through of GROWW App so same day can sell, and on YouTube I watch many videos regarding the SME ipo , they suggest in SME ipo apply when see subscription above 75X, and right now in Groww App this Depak Chemtex limited sme ipo not showing but other sme IPO showing, thanks for replying, shukriya

My experience only two brokers
1) Relaince smart money
2) zerodha Ltd

So both are good for my experience on listing .

Not much idea for Groww .
Contact customer support for more details FAQ available also available Groww site.

Can expect good listing gain..

Yet another Issue from HEM. While fundamentals are OK, the Industry prospects are not rosy as of now. Similar product of DUCOL Organics. If attractively priced, can consider for applying for listing gains.

​@Admin @ Chittorgarh.com 
Plz confirm the time table. From 1st December, BOA to be on T+1 basis and not on T+3 basis.

​@Sanchit Jain , as per SEBI circular that rule is mandatory for IPO's starting post 1st Dec.
This one starts on 29th Nov. So, the rule is still optional.
Anyways BigShare is the registrar so allotment should be available by T+1 max T+2.

looking reasonably priced with decent fundamentals
LM track record is bumpy

Interesting company from an interesting sector and other than the volume led decline in revenue the uptick in receivables is also not a good sign. But cash flow profile looks good and leverage under control. Will await the RHP for the latest financials and will watch out for this one.

Keep minting!

Volume led revenue slowness continues in FY24 but decent financial performance continues overall. Should do well in the current environment but I'm skipping.

Keep minting!

revenue decreased by -12.12% and profit after tax (PAT) rose by 49.14% ??

Can it be compared with YCCL (recently listed. ?

Before investing on plant and machinery, company should invest to upgrade their IT server 😣Website not opening "The server is temporarily unable to service your request due to the site owner reaching his/her bandwidth limit. Please try again later."

Me too checked after you had told. Website not working. May be they will upgrade the server after collecting Ipo Money. . Funds have been utilised for existing projects, I think. 😂 😂

I checked just now and their website is working. Seems a reasonably good Company. Do your own study and decide.

Company seems to be reasonably good. LM Hem will add to its subsctription figures. Timing is perfect(all main board refunds would have happened). Poised for good oversubscription. Best of luck to all applicants

Hem.. Naam hi kaafi hai..

We may seeing bumper subscription, due to Hem .. Because hem is gem 💎 in SME....

Another factor for bumper subscription is that mainboard IPOs funds will get released, and nothing else on the known list of issues looks worthwhile.

FY 2022-2023
Revenue Declined ~15% from 5,443.68 to 4,783.72.
PAT Increased ~50% from 423.10 to 631.02.

Good makeup of financials. Does anyone know why negative topline?

Volume decline.

Keep minting!

Good SME IPO and also LM is HEM so apply FF.

This issue seems to be good