Mahickra Chemicals Limited IPO Message Board (Page 2)

OOMMGG

Retail 27.43X
Overall 24.37X

Retail 22.77X
Overall 14.02X

@ DownriteVJ
Stock market is always risky but fruitful

Yeaa. Keeping the fingers crossed. :) :)

This ipo was not very active in grey market..lets see after these subscription figures..

Retail 24.05X
Overall 16.04X

At 3.30 PM
No. of times issue is subscribed in retail category      24.05
No. of times issue is subscribed      14.79

High P/E, High loan, profit have increased just before ipo else it was lower or same for 4 consecutive years.
it makes issue unattractive. I will avoid.

Applied?

At 1.00 PM
No. of times issue is subscribed in retail category      6.34
No. of times issue is subscribed      3.99

Applied THREE (3) Applications

Cool.

Subscription is flying..
No. of times issue is subscribed in retail category      12.9
No. of times issue is subscribed      8.15

Retail 7.61X
Overall 4.70X

Retail 4.95X
Overall 2.85X

SUBJECT 2 @ 5000

bhai kya che subjact to 5000 ?

Retail 0.73X
Overall 0.48X

Retail 0.47X
Overall 0.34X

Avoid

aapko sme ka knowledge nhi h

avoid krne ko bola tha isliy mene iski jagah BSHL m apply kiya ab bhut dukh ho rha h
Mahicra Chemical on fire now

@small investor....bro grow up if want to play blame game if things turnout to be other way around then dont follow any one.....people like u have made many vetrans leave this forum....why dnt you do ur own analysis....go home get some financial books and do some homework instead of babycrying here

The financial statements have been analysed , the following are submitted

EBITDA/REVENUE =2.10%

EBIT(OPERATING PROFIT)/REVENUE = 0.55%
NET PROFIT/REVENUE (WITH OUT TAKING INTO ACCOUNT OTHER INCOME) =-5.64%( NEGATIVE)
In view of above, company is not performing well, generally EBITDA/REVENUE for good company should be 25-30 %,
Thus, it is recommended to avoid this IPO.

Company size 5.13cr
Secured loan 5 cr