M.V.K. Agro Food Product Ltd IPO Message Board (Page 3)

3, SELLAR

Posting this again, I did post the same for Atmastco too. I have rarely seen any SME IPO listing negative (except one in current year, GMP in that case was highly manipulated).

So, would like to wait till last day, will see how GMP moves and what is the final subscription number. On face of it, IPO price looks on higher end, but again there are promises/future developments from IPO proceeds; lets see how that goes with investor sentiments on the last day.

Not applying due to market maker Nikunj .
Can't trust...

10 SELLER

According to my broker 5 RS pe bhi koi buyer nahi hai abhi

An interesting IPO with the combination of both positives and negatives.
Proposed establishment of unit for diversification into production of Ethanol, Bio CNG, Fertilizer augurs well for future growth.
However if evaluated on the present scenario, it seems a little bit risky with big size of 65 without QIBs, huge borrowings with no reduction even after IPO, valuations on higher side in comparison to its peers. LM's past record is very poor as both the previous IPOs handled by it listed in discount. GMP less than 20% can vanish anytime.
Seems better for those who are willing to hold on to it. I personally apply in SMEs for listing gains.

Skip due to Huge debt in books

in all sme issues please suggest 1.25 crore RS>
1. to apply 10lac 6 applications
2. to apply 20lac 6 applications
3. to apply 30lac 4 applications
5.to apply 25lac 5 applications
6.to apply 10lac 6 applications
7. to apply below 2lac 6 applications as retail investrors

8. funding help of banks and do to apply 50lac 6 applications

for getting the best chance which option is better?

​@JitendraShah It depends a lot on subscription numbers. For highly subscribed ones, in my opinion, either option 2 or another good option would be 5 applications of 2 lots each (usually totalling between 11 to 15 lacs) and 1 big application for the remaining funds i.e. around 1.10-1.14 Crs.
Still it depends a lot on luck as there’s no silver bullet. 🤞

asking price kept costly due to high expectations from new plant, but i wil go with GMP in this ipo, wil wait till last hours

LIKE ATMASCO GREY PANTER TRYING TO BRING GMP DOWN UPTO THAT RETAIL WILL SELL APPLY THEY ACCUMULATE SHARE AT LOWER AND THAN UP.
THIS IS DONE IN ORDER TO KEEP RETAIL PUBLIC AWAY.

ATMASOC UCCCCCCC
SADHAV UCCCCCC

KHEL HOVE

CG members kindly assist whether to go ahead in this IPO or not??

Better to avoid. Be safe.

The valuation is not justified, in my opinion. Established bigger sugar/ethanol players like Balrampur Chini, Praj, Dhampur Sugar, etc are available at comparable or cheaper valuations.

As far as listing is concerned, it can be managed , though the LM does not have a great track record, but I don't see much long term upside.

Retail be like

latest GMP?

​@Palka  Seller at 10

Looks like Dollex Agrotech Ltd. IPO, With same format of bussiness & credentials, which was issued at 35/- but listed on discount at 30/-.
Isn't the issue price of this IPO is high/ Overvalued.
Experts please guide.

MVK Agro is an integrated sugar and other allied products manufacturing company operating from Nanded in Maharashtra. It operates a single location sugar unit having licensed crushing capacity of 2,500 TCD. In addition to sugar, the company also commercialises and sells its by-products and waste products, namely, Molasses, Bagasse and Pressmud. Forward Going company setting ethanol Plant along with Bio Cng Which can be a turn around for them.

GMP 38/-

BIG BIO CNG ETHANOL PLANT setup from ipo proceed

Prima facie, I don't see any reason to AVOID this one. Of course, whether to apply or not and to go with FF or partial force, need further analysis. But currently, no red flags observed (barring regular SME financial loopholes, which management is as such taking care, I believe someone already pointed out about D/E ratio too).

Experts, kindly advise, if you have already seen some big negatives or objectionable on this issue?

This pair of LM & Registrar is repeating in new NSE SME IPO ⬇️

" SHRI KARNI FABCOM LTD. "

Final Date : 6 - 11

​@svh Sir, MAS aur Horizon dono hi bakwas hai ...
Company looks good but 65 Cr issue without QIB, kis extent tak manage kar paayenge I highly doubt

2nd Combination

Yaad Rakhna Mere Dost
Bhul Mat Jaana

Avoiding even though Premium is above 100%

Crime Master LM

the promoter is super rich.
they are coming up with 80 cr ethanol and Bio CNG plant which will start soon once ipo proceeds.

Ethanol plant will give great return in future.
Turnover Will be 300 cr next year
unnecessary panic is created like in atmasco , vishnu , KALAHRI. BONDADA INTERIOR.. so that retail stay away
OPERATOR ARE SMART TO CORNER SHARE AS THEY WILL GET BTTR ALLOTMENT

SEE INTERIOR ATMASCO KALAHRI...

BRACE RETURN

operator
big story...

There was some rules made by government regarding non diversion of sugar cane to ethanol factory. How it's going to work?

Dear,Kapil check performance of lead manager...when we have so many options now a day why to take slightest of Risk, particularly in SME IPOS 🙏

Maja nahi Aaya😅

GHATIYA LM

SAME BABA FOOD IPO

Strong UC nhi h so Monday ko May be LC

Debt to equity ratio at 6.84. This is massive. Not a good sign.