Koura Fine Diamond Jewelry Limited IPO Message Board (Page 3)

Applied six retail. Just trying luck since the issue is very small.
Shree karni- FF
Pune E stock- FF
Pratham- FF
Signoria - still some time is available

My own cut paste from somewhere else:

I will distribute my SME funds (whaever available now) in the ratio of 50:50 between Shree Karni & Koura.

Shree Karni Positives :
1. Good Financials. Growth in profit. Reasonably priced @ 13 PE.
2. Within Textiles, niche segment, ample growth opportunity.
3. DD sir's apply rating
4. Good GMP.
5. GOOd HNI Numbers expected on last day.
6. 50% reserved for QIB, Leaving appox 21 crores worth of shares with public (HNI & Retail)

Shree Karni Negatives:
1. Poor LM performance.

Koura Positives:
1. Excellent track record of LM
2. Small size IPO of appox 5 crores, as such no chance of negative listing. Rather being a BSE share, in all probability, this will list @ 90% up upper cercui.
3. Bumper GMP.

Koura Negatives :
1. Average financials.
2. DD sir's avoid rating
3. small size, difficult allotment.

First two days subscriptio shows, HNI category in both the issues are almost equally subscribed in number of times. Whereas retail segment of KOURA has subscribed around 2.5 times that of Shree Karni.

Therefore I will try to equally distribute my funds between Koura & Shree Karni with following riders :

1. If I have only one lots funds in an accoynt , I will go for Shree Karni (Higher allotment chances due to size and subscription.)
2. I will avoid making upto three lots application in Shree Karni as this will have same impact as that of a retail application. Rather, those accounts where I have less than 10-12 lacs balance, I will go for one lot in shree Karni and remaining amount in Koura.
3. Large balance above 12-15 lacs, I will use in Karni and koura in 50:50 ratio.

If some one has suggestion for betterment, kindly guide/ comment.

Thank You for reading such a long post.

Regards

DD sir's given avoid to this IPO

Team i am trying to apply first time for SME IPO... Had a basic query.. Incase alloted.. Is there any restriction to Sell the Shares

​@arvindpandey Not really..but few points to remember..
1. You have to sell the alloted shares in lots and not a few shares, here 2000 shares = 1 lot.
2. You can sell in preopen provided your stock broker allows that, check with your broker..
3. SMEs are very volatile, prone to UC or LC very fast, sometimes both on the same day.
4. Sometimes the UC or LC can be there for days..

Welcome to exiting, volatile and dangerous world of SMEs..all the best..

I don't understand why there is much hype in the subscription figure snd GMP for this IPO. Enlighten me pls seniors
​@newgen consultancy  @M Gupta @B.M.SURANA @KAPPO

​@ipo share Absence of QIB, 😐... With such a small IPO, I think we'll see rapid UCs and People getting Traps in Massive LCs.

​@SadhuMaharaj Ji 5 cr ke Ipo me bhi QIB portion chahiye kya?. Itne ka to QIB vale ek time me nasta karte hai. Many CG member lonely apply 5 cr itself. SME hai UC LC to lagegi hi.. SME me risk to rahega hi.. Be cautious...

GYR hai to double listing hai

Presently Stock market is at all time high level. All Promoters / company are very eager to take the advantage of this boom. No one want to miss this journey. Now this Koura Fine Jewelry company whose total turnover is merely just 5.5 cr and profit is just just 13.41 lac only wants to encash the money from the market.

The profit of 13.41 lac may be the profit of many members of this group who trades / work in the stock market. By this issue they will be getting 5.5 cr from the public. This company is also from Gujarat, and they know how to manage the things well😀😃😄😆.

I personally feel very awkward and very strange. But here my Or individual choice is not important. But but this issue may get handsome returns to the investors. But Choice is yours and perhaps this ipo may be oversubscribed heavily too. Now it's individual choice what to do, isn't it? For me saving of my capital is top most priority instead of loosing it. Let's wait & watch the final outcome.

My own cut paste

Dont put entire money in Sona Machinery (Good IPO from house of Hem). Spare some money for Shree Karni/ Koura Fine.

Both Shree Karni/ Koura will give bumper returns, but we might feel shortage of funds as refunds from Sona machinery will not be available for this IPo, due to Mahashivratri holiday.

Koura IPO size is very small and thus even with less applications its subscription numbers will be very high, thus it will be just block and unblock gaame. Sona and Shree Karni have better probability of allotment

​@M Gupta Ji, debt is very high and continuously increasing in Shree Karni.
Can you please analyse and explain.

Only the LM has a good track record. Rest is questionable.

Company is not even two year old
Pat is very low.
PE multiple very high
Only silver lining is LM
Let us wait for DD sir review.
Fingers crossed. Otherwise for LM, would have decided not to apply

For a two year old company with not so good track record, premium of ₹45/- for ₹ 10 face value is exorbitant.

Expecting 90-120% gains

​@newgen consultancy nothing so good in this company then why 100% gmp?

@K I Patel. Probably fake GMP, it may fall drastically after the closure of subscription.