IRM Energy Limited IPO Message Board (Page 27)

@Newzen Consultancy #off the topic
Sir please your suggestion on fresh buying of
Indian overseas bank or south Indian bank

Thank you sir @Newzen_consultancy
I also have sjvn at 70 rs...hold or exit

Exit on bounce

Off topic:

Seems IKIO worse decision to hold. Kab chalega ye.

Keep patience
Average on dips

Our decision while IPO was to book 50 %
I think you didn't followed it

Anyways , can hold
No worries

Another stock I'm stuck on the top is uno minda @newgen consultancy Pls guide

Don't worry
Can hold

Pb comes 505
Then pe would be 11
Very good valuation

*IRM Energy Limited IPO*
Dates :- October 18, 2023 to October 20, 2023
Approx Size 550 cr.
PRICE BAND ...480/505...

IRM Energy Limited IPO
Approx :- 550 cr
Dates :- October 18, 2023 to October 20, 2023

Dates announced - Oct 18th to Oct 20th, 2023.

Sebi Observation letter issued below IPOs last week end on 6-Oct-2023

1. RBZ Jewellers Limited (28-Sep-2023)
2. Credo Brands Marketing Limited (6-Oct-2023)

#IPO #IPOAlet #IPOKing #IPOTracker #SebiObservation

No one interested to post about IRM. My question is also out of topic.
Whole portfolio is is red comparing to yesterday. Name the stocks which in green 💚 for today?
Mine
Kaynes
Bsoft

Let me join in as well with the esteemed members. @Smile✍️  @newgen consultancy  . Hope they can share some views on my stock selection thesis. Thanks. Green Ones :

CARERATING
GAEL
IGL
WONDERLA
DSPITETF
DELTACORP
MANOJ VAIBHAV
SUDARSHAN CHEMICAL
SUPRAJIT ENGINEERING
NAM-INDIA

Manoj vaibhav
Uno minda
Only in profit
some stocks more than 6 percent down waat lag Rahi hai
Ye central bank nmdc ptc india balma Lawrie mmtc bade tho thik

Mine:
Manoj Vaibhav
Pyramid Techo
TCS

Protean E gov-tech's 1100-1200 cr IPO ( Full OFS ) is going to hit soon maybe 1st we of November
Also the IPO will lapse after 11 November
One strong reason behind this , A Mauritius Based Fund named Soach Global wants To exit via OFS asap Here Small listing gains can be seen

Also Allied Blenders and distillers' 1800-2000 cr Could also Hit
But valuations will be ultra expensive considering weak Operational performance And stretched Input costs Medium chances to hit

I personally expect the following IPO's coming in Oct End and November

1.Prorean E-gov tech
2.SPC Life sciences
3.IRM energy
4.Innova Captab
5.Indiafirst Insurance
6.RBZ Jewellers

Also Lohia Corp , Gandhar Oil , MAMAEARTH
Enviro Infra Engineers and R&B infra has medium chances

So hoping for a Blockbuster Wealth making Diwali 🎆

​@newgen consultancy Stuck in balmer Lawrie at the recent top any chance it will reach there in 2 months

A very strong support of 134
If it breaks then big downside visible

On upside no reasons to go up
So it can be rangebound for some time

Govt disinvestment of its land assets can be a trigger
But I personally don't think it will go back to 170 levels in SHORT TERM

No Specific View

Everyone here might have known about the HERO Fincorp IPO Whose DRHP is going to be filed soon

As per my sources the LM's are already fixed
And DRHP would be filed sooner

But It has already posted it Q1 24 Results already which were operationally weak and not justifying its valuation at 15000 Cr

Financials FY 23 :
Revenue - 6033 cr
PAT - 457.3 cr

Q1 FY 24 ( June Quarter )
Revenue - 1787 cr ( Q123 - 1379 cr)
PAT - 88.6 cr ( Q123 - 93.5 )

And The Q1 24 Results are already Filed with SEBI under Listing Obligations and Disclosure Act 2015 , considering DRHP filing

So it may have to cut its valuation to 12000 cr as per Un-listed market value
So PE : 26.25

And The IPO size could be around 3200 cr and not 4000 cr

Also rumors about HERO Cycles IPO on peak
It can also get filed but it's subsidiaries are in continuous losses so it might take some delay to file

It's PAT is around 80 cr this year
And the company is targeting a Valuation of 4500 cr
So considering earnings it is essential t company posts atleast 150 cr Profit
Actually the EBITDA is way higher but it's foreign subsidiaries are putting pressure on its financials

# Happy investing 📈

​@newgen consultancy Hemani INDUSTRIES IPO APPROVAL date Oct 13 2022 , Sebi Observations Valid for 1 Year Right? is This IPO withdrwn? Any Info?

It will not conclude the IPO

See the Past , Agrochemical or Pesticide companies of big size never come with IPO
They Just file DRHP's and Also Hemani industries is not getting the valuation it wanted considering weak Financials

So I don't think it will hit

Similarly BIBA Fashions will also not bring their IPO due to Lapse of time

Cycle Agarbatti maker N Ranga Rao and Sons eying an 500 cr IPO to fund expansion and Giving Motilal Oswal PE an partial exit
At an valuation of 1800 cr

​@Admin @ Chittorgarh.com 
I posted a message 2 times and it was not getting posted and disabled automatically

I thought I would have written something which was against the rules
I checked and found out that I has mentioned Un-listed market so it was getting disabled

Good mechanism to control its advertisement like it was done in past

Well done Sir 👏

​@newgen consultancy #Off-Topic. Sir, any information inflows on Arkade Developers filing DRHP, like you previously shared. Any update on any movements in this filing? Thanks

It Is likely to get SEBI nod around Mid of Jan
And one more thing , the IPO is not much interesting and I am not much excited here

I am waiting for Lohia Corp and Inox CVA IPO

Irm ke page pe tcs ka msg kyu kar rahe ho tcs ka msg tata technologie page pe karo

tcsbuyback past
Year- size in Cr- bb price in ₹- acceptance ratio

2017- 16000- 2850 - 100%

2018 - 16000- 2100 - 100%

2020- 16000- 3000 - 100%

2022- 18000- 4500 - 23%

This times probabilities
Size should be ~18000 cr

Route - Tender.

For retail: can add upto 50 in tranches

Many believe that TCS following this path to support stock amidst average result

Considering short time frame of schedule as a result of new buyback rules not necessary to hedge.

Who are hammered by AR of 2022 can bid as one share policy from multiple family accounts. No risk at all

@Mayur●Banaskantha
Almost 100 % probability of acceptance. Go ahead
This time buyback price may be 4250

TCS Buyback

Route: Tender

Buyback Price : 4,150 ₹

Last Closing Price : 3,610 ₹

Buyback Size ₹ : 17,000 Crore

Record Date: awaited

Disappointment 😞

​@diwan kapoor Thanks sir for your reply I am a newbie and just curious to know about 2 share strategy but now clarified once again ty

Last Saturday we had witnessed 6 DRHP filings
Let's see , Are there any today

​@newgen consultancy #Off-topic. Sir, the Israel situation, can it cause short term or long term effects to our markets? Looking to hear from your perspective and thoughts on this.

History says Every war like situation and War clearly affects Global Markets

Can expect a 1% fall on Monday
It would have been 2 % if US Job Data were bad

Speciality Agriculture related sectors will be in pressure

Primary Markets are likely to slowdown considering global cues and specially
Israel-Palestene War

I was happy that US job data were good than expected , I thought Monday would be a good day but the condition is opposite now

Agrochemical , Fertilizer , Chemical sector would witness pressure on Monday

Hope for the Best

Anyone who is applying IPO through trust a/c ?