Mono Pharmacare Limited IPO Message Board (Page 2)

Applied here as well. Unistone has an excellent listing track record. Allotment chances are also higher!!! Also money can be used in Basilic.

Open hi hoga naa?

Yup..it's open.
No grey activity in this counter.

Fy24 results are going to be very exceptional because of consolidated numbers of DLS export for full year as well as the other merged firms. The topline and bottom line growth in Fy24 would be huge which will make the forward PE cheap!!! This could give good listing gains.

Currently 3 rs buyer.

Currently 5rs buyer in this counter.
It's getting hot now.
I would get around 4 lots.

Hi @lokes ,

Please share your input on this IPO?

company looks average, its product portfolio is looking to have in demand products, so its revenue growth is good...its in marketing and distribution business only not manufacturing as of now but there are plans in future for manufacturing also....their inventories are huge, so are their borrowings.....
its profit margins and growth are very less and as per latest FY profits, company valuations looks on higher side....its book building ipo so share transfer etc wont happen so hni allotment will happen as per actual subscription which is not encouraging as of now may be due to no fancy for pharma sector....
for mid to long term, it may perform well in my view after expansion but in short term it may go up down up etc like shelter pharma...LM here is average not bad.
Overall in my view, little risk can be taken here to apply....we should be ready to hold for little longer if its not performing in short term....

Hi @lokes ,

Are you applying here?

yes i am applying limited quantity to target 1 lot....HNI won't be subscribed much here in my view...will be in single digit only i think....
And from my above post, regarding LM, LM is above average here, should be considered good only....

HNIs are eyeing C P S

Hi @lokes  sir,

Applied 1 retail. let see

Thanks @lokes Sir and everyone, I have applied here as well, after seeing decent QIB subscription. Lets hope for allotment and positive listing.

Hi @lokes  Sir,

Did you get allotment here?

yes i am allotted 1 lot here...

​@Trueinfo  Sir, From which bank do u applied and at what is cut off for HNI ?

Hi, I also applied for 4 lots seeing HNI subscription at 2.58pm, but it's become 8x now. Is likelihood of getting allotment 50%?

Applied for one 4 lot application

Nil