17. K.Atar| Link |
Dec 6, 2021 1:13:52 AM
IPO Mentor (900+ Posts, 500+ Likes)
Though the comp is financially stable, profit making, future oriented, but no offense and disrespect but RJ name is not bringing any premium even after the announcement of ipo few days ago. Its proving to be more a scarecrow.
On the other hand, just the news brake that AW is bringing Fortune ipo, it is commanding premium, so is C. E. info ipo it had premium before even the announcement of price band.
Bhav is main thing... But I do like the brand of under the belt so will consider
15. NeoLongus| Link |
Dec 5, 2021 5:20:16 PM
Top Contributor (500+ Posts, 100+ Likes)
For the IPO of the last RJ backed company, Star Health, I felt that the Company was overpriced but the business was great.
For the IPO of this Company, Metro Shoes, I continue to believe that the business, founders and management is fantastic. It''s an exceptionally well run business and perhaps the next Bata/Relaxo in the making in the public market. The experiences of investors with Khadim were unfortunate and we must endeavor to view the prospects of this Company independent of that. Issue price and valuation is awaited to take a final call.
Also, as a disclaimer, I have known the founding family and management so I might be possibly favorably disposed.
Keep minting!
14. krupa| Link |
Dec 5, 2021 3:50:29 PM
IPO Mentor (800+ Posts, 500+ Likes)
Is it worth to apply for this ipo(METRO) for retail investor or should we try luck in SHRIRAM PROPERTIES…which is better for long term and which for immediate gains...waiting for all valuable replies
12. gjy| Link |
Dec 5, 2021 3:00:11 PM
IPO Guru (1400+ Posts, 3300+ Likes)
'' Khadim '' is the last footwear company being listed. Beware
Allotted at 750. Listed in discount. Trading in discount. CMP 250.
All peer comparision ( Bata / Relaxo ) and reviews are given here 👇 Much informative
12.1. mDelhi| Link |
Dec 6, 2021 1:12:18 PM
Top Contributor (200+ Posts, 100+ Likes)
@giy Thanks for the information and URL
12.2. arunARUN| Link |
Dec 6, 2021 1:15:25 PM
IPO Guru (1600+ Posts, 1400+ Likes)
One needs to be conscious but Metro is more a retail company like D Mart
11. sonal patel| Link |
Dec 5, 2021 1:53:25 PM
IPO Guru (1400+ Posts, 5500+ Likes)
Still not traded any gmp in this counter...
11.1. arunARUN| Link |
Dec 6, 2021 2:53:25 PM
IPO Guru (1600+ Posts, 1400+ Likes)
Is it good or bad?
10. i For IPO ☑️| Link |
Dec 4, 2021 12:41:11 PM
IPO Mentor (500+ Posts, 700+ Likes)
ONE MORE Rakesh Jhunjhunwala BACKED IPO
HE INVESTED IN THIS COMPANY IN 2007
HOPE VALUATION ARE NOT ON HIGHER SIDE
SHOULD LEAVE SO HOPE FOR LISTING GAIN
10.1. arunARUN| Link |
Dec 4, 2021 6:32:44 PM
IPO Guru (1600+ Posts, 1400+ Likes)
RJ is not selling single share and his holding will be subject to lock in as per SEBI guidelines I like business model of company as retail chain with multiple brands. It looks like another Bata in making
10.2. Jetha Lal| Link |
Dec 5, 2021 12:59:13 PM
IPO Mentor (600+ Posts, 1300+ Likes)
@arunARUN ji Relaxo and Bata succeeded because they made shoes for the masses. Bata being a foreign company became Indian brand more than most Indian brand, Our parents used to give example of Tata and Bata. Relaxo made quality shoes and slippers for lower and middle Income class and became great success story. Metro shoes brands come in higher price/ premium segment i.e Metro, Da Vinci, Crocs etc which are not affordable for masses. Metro may have good profit margin but their sales cann
9. KDKing🤴| Link |
Dec 5, 2021 10:05:43 AM
IPO Guru (1200+ Posts, 1300+ Likes)
In December / Calendar year-end IPO rush, apply IPO wisely. it''s ok even if you missed 5-10% listing gain.
In case we have money for three IPOs, what would be your preference for Dec. Thanks
9.2. KDKing🤴| Link |
Dec 5, 2021 12:46:44 PM
IPO Guru (1200+ Posts, 1300+ Likes)
Waiting for price band of mapmyindia(still must apply) & metro (waiting).
RateGain , is only for listing gain if QIB subscription more than 25X atleast, else skip don''t believe on current GMP, future is very challenging for this company.
Sheeram properties, brand name , small issue, real estate sector companies are in demand, so listing may give surprise.
ARWL apply only for listing gain if NII crossed at least 50X
It''s on you sir about your view is long term or for only listing gain, please take your own decision. 🙏
8. ipobull| Link |
Dec 4, 2021 9:56:35 PM
IPO Mentor (900+ Posts, 1000+ Likes)
Only 3 IPOs appeal to me - Data Patterns, CE Info Systems & Adani Wilmar. Rest all will be forgotten fast and also may not give listing gains.
hope this time RJ will really think for Retail Investor and make us also heathy & wealthy shareholder of METRO. Now it is company turn to give us back some profit to us who is behind success of METRO being a customer.
IPO Open : December 10, 2021 IPO Close : December 14, 2021 Basis of Allotment : December 17, 2021 Initiation of Refunds: December 20, 2021 Credit of Shares : December 21, 2021 IPO Listing Date : December 22, 2021
Is it worth to apply for this ipo for retail investor or should we try luck in SHRIRAM PROPERTIES…which is better for long term and which for immediate gains