So, simple strategy. First apply in New Swan Multitech & Australian Premium Solar. So, even if you get allotment or no allotment, the funds will be available for Lawsikho.
💎LM💎MM💎 I also see past records of LM & MM. 💎⚓💎 I also see the anchors involvements. 💎QIB💎 QIB factor also affects. Debt I don't care .. everyone is one debt (USA $ 34 Trillion)
GMP / Subscription etc I don't check .. eg. Mankind Pharma Retail 0.88 Subscribed .. Rejection is also there .. so maybe 0.85 .. etc Honasa GMP was too low .. see 🙈 where it is trading now .. Same case with sula vineyards .. see 🙈 where it is .. 🍷 .. ✌️ Also considering psychology games .. like keeping public / people away sometimes Dictating Low or Fake GMP's ..
Except Yudiz .. But Yudiz gave 9% on list so not bad for those who play for listing gains (just listing day holders only) .. inshort listing day offloaders .. ✌️
It's expensive at issue price. Near 222 Cr Market cap at Issue price. And may do 100 Cr revenue and 10 Cr profit in FY 23-34 at Best case. They should come at good valuation. Will wait for anchor list.
2. M Gupta| Link| Bookmark|
January 6, 2024 4:14:27 PM
IPO Guru (1000+ Posts, 3000+ Likes)
This will be highly in demand. Size is also good. Plan your funds from now to secure a good allotment.
@M Gupta It's expensive at issue price. Near 222 Cr Market cap at Issue price. And may have 100 Cr revenue and 10 Cr profit in FY 23-34 at Best case. They should come at good valuation.
2.3. M Gupta| Link| Bookmark|
January 7, 2024 7:53:24 PM
IPO Guru (1000+ Posts, 3000+ Likes)
I understand a criteria for a company to be SME. But, is there any cap on issue price or capital for SME company to come up with in an IPO? Like only 50crore or 100crore or any ratio to sales/orders/revenue?
@CA Dhiraj Ramchandani no cap on IPO size, but post issue paid up capital has be below 25 cr. The largest market cap of an SME company that I have seen seems to be Varanium Cloud at around 1200 cr after which it suddenly dropped many folds and currently sitting at around 400 cr.