Khazanchi Jewellers Ltd BSE SME IPO. BSE Code:-543953 Symbol:-KHAZANCHI Group:-MT ISIN:-INE0OWC01011 Issue Price:-140/- Market Lot:-1000 Shares Face Value:-10/- Listing At:-BSE SME
47. Cyclodium| Link| Bookmark|
August 4, 2023 8:40:15 PM
Top Contributor (600+ Posts, 100+ Likes)
Alloted 17/17 retail
47.1. lucky boy| Link| Bookmark|
August 6, 2023 10:14:07 AM
IPO Mentor (1200+ Posts, 400+ Likes)
@Cyclodium
all the best,, hum toah apply nahi kiya fundamental & balance sheet ke base pe,ho sakta hain aap kaafi samazdaar insaan ho... tod fod listing nahi hogi par itna hee dua karunga 17 application main kuch toah profit nikle,,,,, baaki god know history
The issue got completely subscribed without much help from grey market. Promotor/LM have largely managed the subscription on their own. I think this will list positive, maybe just a few percentage up. Let's see.
@Cyclodium - I know you are a college going kid.. somewhere I read you are new and started trading recently only.. On what basis you applied 17 lots here? I am curious to know that.
38.11. Cyclodium| Link| Bookmark|
July 28, 2023 9:58:32 PM
Top Contributor (600+ Posts, 100+ Likes)
I have got some secret news Sorry I can't share it @manojIPO
risk hai toh isk hai Thinking of dropping out of college 12th to pass hogaya with 91.2 percent In commerce Now I think stock market is my life
(Note- don't apply just because I'm applying full force ) yeh note likhne k liye deshbhar ki mummiya @Cyclodium Ka dhanyabaad bol rhi hai , nhi toh unke bacche jid karne lage the ki - mummy mummy 1.5 lakh ₹ de do na plz mujhe khazanchi bhrna hai cyclodium ne bhi bhra hai.
subscribed only 0.51 times in day 3 as per CG subscription status. LM was clever to keep issue for 5 days otherwise it has been failed. Aggressive pricing with Fixed Price may be the reason for lower subscription.
For such a big issue, it should be Book Built with the comfort of Anchor Investors and QIB reservation, then might be it had been some mutli times oversubscribed by this time.
Not getting comfort in applying
35. svh| Link| Bookmark|
July 26, 2023 7:10:10 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Firm allotment to retailers possible as it is big 97 Cr. issue with aggressive price. Easy job for cameo to qualify for T+3 season.
🙏👍
34. YBPK| Link| Bookmark|
July 26, 2023 12:23:15 PM
Top Contributor (200+ Posts, 600+ Likes)
In 21-22, company bought 3279 sq ft property at for Rs 9.87 cr, indicating a purchase price of Rs 30,100/- per square feet, address is New Door 286, Old door 95, Previous Door no.143, 144, Netaji Subhash Chandra Bose Road, Sowcarpet, Chennai-79 Wide fluctuation in revenue, largely due to fluctuations in gold & silver bullion trading. For bullion business, top 5 customers give 71% of sales and for jewellery, top 5 customers give 32.60% of sales indicating wholesale + commodity nature of business HDFC and Kotak Mahindra Bank have provided secured loans of Rs 45.89 cr, indicating due diligence and network adequacy of promoters and assets pledged Promoter and promoter group have provided unsecured loans of Rs 23.89 cr to company at 9% RoI Other income includes, rental from investment property, cessation of liability and profit on sale of land. Future sustainability of these is unknown Decent cashflows from operation in last 2 out of 3 fiscal Market maker of the issue, SVCM Securities shares the same address as AA Plus Tradelinks, a scrap dealer sme who had an IPO in July-21 At IPO price, market cap of the company will be close to Rs 350 cr on EBIDTA of Rs 16.5 cr
33. Cyclodium| Link| Bookmark|
July 25, 2023 7:00:10 PM
Top Contributor (600+ Posts, 100+ Likes)
Applying full force skipping all other IPOs for this one Can't tell the reason
Note- don't apply just because I'm applying full force