76. CSK| Link| Bookmark|
December 13, 2021 4:26:24 PM
Top Contributor (300+ Posts, 400+ Likes)
HNI Folks, Guru''s and Top Contributors-- Who are all planning to applying for METRO? I am Sure arunArun will apply.. Please share your thought process. We can prepare based on your advice and suggestions..
I don''t think more funds would still be available at retailers and even HNIs because bunch of a good IPOs (CE, Medplus, Data). Why would anybody be interested in Metro?
I am not considering it as a clear avoid but we have a few better choices.
Posts in this IPO forum mostly negative. Looks RJ fatigue? Is this because of previous RJ company bombed? Usually retailers have mood swings, either over optimistic or over pessimistic. I like the business model, with huge number of people moving up the ladder, their life style inflation do happens. Every premium player with good execution will have a potential bright future. Margins is are highest in entire industry and little higher than relaxo. Relaxo avg sell price is ~120 and metro it is ~1200. Ofcourse it priced higher side, will apply for few retail lots. will add if listed in discount.
@gjy yes.. Mirza too up 15% and trading at 22 P/E..
68.4. SamJos| Link| Bookmark|
December 13, 2021 3:09:34 AM
Top Contributor (500+ Posts, 100+ Likes)
Khadim ipo applicants never had listing gains, & never got oppurtunity to saleat ipo price. So Metro is total AVOID for me. Khadim India Limited IPO Details: Open Date:Nov 02 2017 Issue Size:543.06 Cr. Lot Size:20 Shares Issue Price:Rs 745-750 Per Equity Share
67. Trueinfo| Link| Bookmark|
December 12, 2021 12:38:43 PM
IPO Guru (1800+ Posts, 1700+ Likes)
Looks like a possible case of discount listing. Only those ready to take 5- 10% hit on their capital may apply. Clear Avoid from listing, short term, medium and long term point of view.
Naughty ipo : I think they already invested in pre IPO and always they will make the good profit . I heard in star health they made profit of 6500 crore .
It''s listed peers is sreelether ltd. Which is a under valued shares, but has a huge potential as it''s current P/E 22%, promoters and institution are increasing share Q&Q. So every ipo applier must look at this small cap share sreelether.
IPO Open : December 16, 2021 IPO Close : December 20, 2021 Basis of Allotment : December 23, 2021 Initiation of Refunds: December 24, 2021 Credit of Shares : December 27, 2021 IPO Listing Date : December 28, 2021
Will never apply in a company that is promoted by criminals and swindlers.
This company along with Mirza Tanners of Kanpur refused to supply shoes for armed forces, when they needed it.
58.1. Crow| Link| Bookmark|
December 10, 2021 10:52:34 AM
IPO Mentor (700+ Posts, 900+ Likes)
Then you are out of luck of nearly 72% of all companies in the Sensex 30 and NIfty 50, my man...
58.2. arunARUN| Link| Bookmark|
December 10, 2021 6:12:39 PM
IPO Guru (1900+ Posts, 1600+ Likes)
I think you have some confusion. Metro brands is not a manufacturer to supply to any one. They buy from others and put them in show rooms and earn money due to brand name like D Mart