Maruti Interior Products Limited IPO Message Board (Page 11)

right sir

Agreed Anant.
However, the future projections seem very prospective. They are raising over 70% of PY turnover for expansion, and with the current lifestyle of the masses, somehow does seem this industry has great prospects.

Any contrary views are welcome!

Should we apply in this IPO?

It will be very difficult for the company to end with EPS of Rs5 as profit during the second half of FY22 will be dented with Omicron spread and hence asked PE based on FY22 earnings will turnout to be much more than 10. So valuations may once again are quite on the higher side.

Real estate market is on the upward cycle which may help the company to grow well in FY23 barring another virus variant crops up to continue the upheaval.

Business wise difficult to justify the valuations based on FY22 profits but a profit generating SME company can still generate speculative interest and bids....Let us see how much "Risk ON" the investors are going to be in the current market sentiments.............

Long term investment in this company in the current environment : NO
Short term SPECULATIVE investment in this company: MAY BE

Sir should we apply for this ipo?

dear big bull sir anantagg sir
are you applying or not??

Sahab I won’t even apply for 1 lot

thanks for reply sir

Which can work both ways - lack of experience, but opportunity to establish credentials and make a name for itself as well!

They have recently taken Merchant Banker registration (as per SEBI website in 2019) and it seems good return i.e. 130 percent in 1.5 years. (Performance tracker of ipo by LM) .

Looks like this LM is boutique and only takes selective projects.
The last one it took has given good returns, I hope this gives similar returns.

Lol boutique is just a fancy word for inexperience here. How do you guys come up with crap like this.