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Gensol Engineering Limited IPO Message Board (Page 2)

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Anil K Garg
49. Anil K Garg |   Link | Oct 1, 2019 3:37:39 PM
Any update on new subscription....Retail investors not able to apply due to new rules and UPI ID ,,as brokers are not allowed to punch retail applications
Small Investor
48. Small Investor |   Link | Sep 30, 2019 4:38:14 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
If Subscription near 5x in NII Then we Thought for Apply in this IPO,I Have plan for apply for 2 lot before but i am still waiting of NII Responses ,till time stay awey
Renewable Investor
48.1. Renewable Investor |   Link | Sep 30, 2019 4:59:02 PM
NII is 1.3x, looks like NII will come between 2-3x.

Gensol Engineering was the highest subscribed IPO for today.
Renewable Investor
48.2. Renewable Investor |   Link | Sep 30, 2019 5:50:22 PM
Always spreading wrong news, litigation is there but it is stayed by high court (again lack of research by Ravikant ji). the company is honest and has provided full disclosure. good managements disclose everything and the management has disclosed this fully.

There is a 3.5 Cr loan in the subsidiary, total debt of the company is 6Cr. For a company of 14 Cr reserve and surplus, debt equity ratio is less than 0.5
Very healthy debt equity ratio. Ravikant ji likes to exaggerate and say everything.

Dont know what are the intentions of Ravikant ji.
MR. KUMAR
47. MR. KUMAR |   Link | Sep 30, 2019 5:15:48 PM
Renewable investors IRCTC subscriptions is more than your company GENSOL. Kuch karo

MR. KUMAR
46. MR. KUMAR |   Link | Sep 30, 2019 3:21:28 PM
Retailers ko fasane k liye Nii ka subscriptions 1.2 x hua hai . But last day Nii subscriptions is unable to cross 3x.

GSW
46.1. GSW |   Link | Sep 30, 2019 3:40:20 PM
Amazed to see display of such lack of trust in balance sheet, sector in large (Power), sector in specific (Renewable), promoters and finally market response too; all of it together. Seems like an agent of competitor.
GSW
45. GSW |   Link | Sep 30, 2019 2:19:49 PM
Gensol IPO subscription highest amongst all open so far. Touching 0.61X already
MR. KUMAR
45.1. MR. KUMAR |   Link | Sep 30, 2019 3:33:49 PM
And last day it will unable to cross 3x but IRCTC will cross more than 40x.

Abhi GENSOL ka highest subscriptions investors ko fasane k liye hai. Like Shikari ne daana daal Diya.
MR. KUMAR
44. MR. KUMAR |   Link | Sep 30, 2019 2:12:38 PM
Renewable investors this is your first post . I think you are a company agent.
Anil K Garg
44.1. Anil K Garg |   Link | Sep 30, 2019 2:31:47 PM
Doesnt matter ,if some one is first timer or Company.Figures should be correct and varified.

by 12.50 46% shares have been Bidded for Gensol,22% for IRCTC,4% for Gobin,,,0.06 for Tutorial AND 9% for Vishawraj Sugar.figures are rounded

Fist two IPOs seems good investments
MR. KUMAR
43. MR. KUMAR |   Link | Sep 30, 2019 12:46:12 PM
Don't apply don't apply . Otherwise you will loose money like SUICH .

IF IT WILL SUBSCRIBE MORE THAN 20 TIMES THEN YOU WILL APPLY FOR CONFIRM GOOD LISTING GAIN.
Renewable Investor
43.1. Renewable Investor |   Link | Sep 30, 2019 1:48:04 PM
Sir, if you lost money in Suich then dont blame others but yourself. You should do good due diligence.

Tell me name of companies where Return on Equity (RoE) is higher than 60% over last 4 years.

Look at the subscription, 0.47x in 3 hr. Institutional is getting into over subscription.
MR. KUMAR
42. MR. KUMAR |   Link | Sep 30, 2019 12:47:45 PM
Beware of these company's promoters.
fIRST sTEP
41. fIRST sTEP |   Link | Sep 30, 2019 12:44:32 PM
Modi is the person started the renewable drive since its intial stage nd now the target is set for 450 Gws nd practically achievable ,

1.GENSOL has achieved around 16000 MW is under belt

2.India's largest independent solar power projects and advisory firm having worked 50% of installed capacity

3.Rapidly growing industry in CONSULTING,EPC AND OPERATION & MAINTENANCE with 200+ CAGR delivered in profits of last 4-5 years

According to my opinion its worth investing in such growing industry like Gensol not only for listing gain but for long term also.
Renewable Investor
40. Renewable Investor |   Link | Sep 30, 2019 11:16:11 AM
Highlights of Gensol Engineering IPO -

1. Company is into high end services - design, engineering, maintenance

2. Last 4 years Return on Equity has been above 60%

3. Profits have consistently grown, 6 times in 3 years

4. Great clients which include - Softbank, Adani Green, Brookfield (World's largest asset company), NTPC, Shree Cement, Astral Pipes

5. Committed team, team has shares pre-IPO; so there is skin in the game for team also.

Sector of Renewable Energy is ripe for services company and shall have a great future.

Pricing of IPO is attractive at 7.5 P/E

Looks like a genuine IPO and genuine team.

I spoke to the team & promoters to do my research, all of you are also requested to do the same,
Renewable Investor
39. Renewable Investor |   Link | Sep 30, 2019 8:47:02 AM
Realities of Renewable Energy -

1. Renewable Energy has current 9% market share, it will increase to 100% market share in 15 years.

2. Renewable Energy is the big part of Modi Govt. agenda, Mr. Modi has pledged to have 450 GW of Renewable Energy by 2030. 450 GW is a potential investment of $50 billion plus.

3. There is no default by any renewable energy producer, renewable energy manufacturers are under stress but renewable energy power producers, service companies are doing good business. The sector is in nascent stage and will create multi-billion dollar companies, your research will help you find the right one.
Ravikant
38. Ravikant |   Link | Sep 25, 2019 1:42:18 PM
This message has been removed by a moderator.
Anil K Garg
38.4. Anil K Garg |   Link | Sep 28, 2019 3:00:53 PM
Please dont mislead ,and wrongly quote.No two companies are similar
This IPO is very attractive prices at less than 8 PE,Promoters have excellent track record,Technical Guys from IIT and Petro Engg background
Their brand BluSmart is already made a niche in NCR and launched even in Mumbai after grand success in NCR
They are even designing for Adanis and Tatas in solar space
Renewable Investor
38.5. Renewable Investor |   Link | Sep 30, 2019 8:39:51 AM
Ravikant ji, looks like you are in the habit of posting without research and in your own world. Gensol Engineering is a services company with great clients like Softbank, Adani Green, Tata Power, Brookfield (World's largest asset company), Astral Pipes, Dalmia Cement. Just highlighting 1 company which is Suzlon you are trying to say that receivables will not be received.

Also be respectful to Mr. Tulsi Tanti of Suzlon, he created the maximum wealth for shareholders and unfortunately going through bad patch. Suzlon has not defaulted on any vendor payment, you can do your own research on this.

Just speaking without thinking is a bad habit..
Ravikant
37. Ravikant |   Link | Sep 28, 2019 3:51:28 PM
This message has been removed by a moderator. -->
Anil K Garg
37.1. Anil K Garg |   Link | Sep 28, 2019 6:15:43 PM
Sir, You are heading in wrong direction.I hope you understand Tech companies in designing operations and maintenance.Its that Company
By 2010 this form of energy would be 10% of total power generation and 20% by 2030 ,as per the plan of Govt of India
See the scope ,and comment after doing a complete analysis.
Its not in the interest of investors ,to give them advice ,without knowing the complete design
Renewable Investor
37.2. Renewable Investor |   Link | Sep 30, 2019 8:28:33 AM
Helpful for you to track renewable energy and not just power sector. There is not even a single default in the debt of any renewable energy power producer, manufacturers are struggling due to China competition but power producers are not.
All incremental debt in the power sector has gone to renewable energy and that has helped stabilise the books of PFC, REC and other lending institutions.

Gensol Engineering gets its payments from design, engineering and operation & maintenance (O&M) which are high end business and all promoters pay their O&M contracts even before they pay the banks. This is to ensure O&M company performs and the plant generates good amount of power.

Check with me on any other data that you need for the renewable energy sector.
Priyanka Meghwal
36. Priyanka Meghwal |   Link | Sep 29, 2019 4:22:46 PM
promoter acquisition cost is Rs 0.02 and company is giving the shares to public at Rs 84. promoters are charging hefty 84 times from public. stay away.
Renewable Investor
36.1. Renewable Investor |   Link | Sep 30, 2019 8:22:04 AM
Promoters have been issued bonus shares which is a legitimate and in most pre-ipo companies bonus shares are issued, Rs. 83/- is the upper price band of the company and it is at a P/E multiple of 7.5 which is an attractive P/E for investors to invest.

Looks like you are posting without research..
Ravikant
35. Ravikant |   Link | Sep 27, 2019 5:24:38 PM
This message has been removed by a moderator.
Small Investor
35.1. Small Investor |   Link | Sep 28, 2019 3:17:54 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Avg.cost for Promoters of this company is only just .02 on page no 24 of the Draft
now what is the your Predication ?
MR. KUMAR
34. MR. KUMAR |   Link | Sep 27, 2019 2:12:40 PM
Don't take risk.

Simple funda of applying some ipo for good listing gain is. If ipo will subscribe more than 20 times then good listing gain happens otherwise there is risk.
Valueinvestinggrowth
33. Valueinvestinggrowth |   Link | Sep 27, 2019 3:20:10 AM
Gensol background company those who are in solar have made investors bleed their money. Was solar, tailormade, KPI Global's pain still haunting the investors. Goblin is into luggage industry. Luggage industry has created immense wealth. Safari & vip have made huge money. Goblin has great Gujarat market presence. FMCG will make money in longer term
Medge
32. Medge |   Link | Sep 23, 2019 3:13:32 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
who are these people who are praise this company? :)
Small Investor
32.3. Small Investor |   Link | Sep 24, 2019 5:45:05 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
i will Apply for 2 lot and expat for listing gain only not investment
PATEL YASH
32.4. PATEL YASH |   Link | Sep 24, 2019 6:20:33 PM
EPS for FY-19 is approx. Rs.11 so IPO is coming at P/E of less than 8, this is reasonably priced. Expect EPS to grow by 50% plus as company would have sufficient capital post IPO.Looks good share for long term.
Small Investor
31. Small Investor |   Link | Sep 23, 2019 6:58:07 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Good Ipo for listing gain LM also Strong
Splendid
31.1. Splendid |   Link | Sep 23, 2019 7:56:10 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@small

Have U forgotten SUICH? I doubt on Pantomath now.
fIRST sTEP
31.2. fIRST sTEP |   Link | Sep 24, 2019 12:54:24 PM
@Small Investor,@Splendid,
In my opinion , Company matters more than LM, Gensol has shown consistent growth in terms of revenue and profits of last 3 years and IPO is coming at P/E of less than 10, I am investing as I believe in MODIji's vision of solar energy
Deepak Varandani
30. Deepak Varandani |   Link | Sep 24, 2019 12:25:36 PM
Seeing to present Government policies and company growth definitely a must invest.