Neogen Chemicals Limited IPO Message Board (Page 23)

Global market is negative at present. So better to avoid this ipo. Don't loose your money.

I agree with you

SPT always critics of most IPOs
But proved wrong at least on listing moments
Let's hope this time also logic continue
I still maintain my stand (sell & subscribe otherwise avoid )

Should i buy applications at the rate of 180
@ny suggestions

Very positive of this IPO is SPT is negitive on this.

Company will deliver positive listing. As strong business model. Also retails segment will get good returns. However allotment would be very tough as its a very small IPO. Current CMP Rs. 27

One positive factor for this - S. P. Tulsivan has
said to avoid this issue.
Therefore it will certainly give listing gain.

Ha ha ha.... True. He always have negative reviews for everything

Latest gmp plz

Rs. 27-

Please be cautious while applying, chemical sector unlike IT, Consumer is cyclical in nature and can have long periods of down cycles. Hence, give it a thought before investing in T group companies like these.

In second phase of elections held on 18th April 2019, out of 94 seats UPA is expected to get 59 seats and BJP is losing heavily in second phase.

Also, in third face BJP is expected to lose.

Only for listing gain view, then is this ipo to apply?

GMP is down. Wait for last day and make a decision. If subscription figures are good then worth taking a risk. Else not worth.

GMP 22-25
SS- 1000
AS PER IPO WATCH

Any gmp or kostak

GMP 2-12

8 - 10 x in retail (i presumed )
Market negative
Minimal gmp
Election hangover
Small size
High priced
May cause subscription weak

Tgroup stock
So 5% circuit till 10 days
Beware of it

How to check which group it is listing ??

To check the group of listing it depends on the issue size of the IPO to my knowledge. If the issue size is less than 500 crores it belongs to T group if i'm not wrong.

Dear harit what's ur view did u applY after seen subcripction figures or Apply on gMp

Subscription figures will be good bcoz of its size
But i will prefer to sell first in kostak or sub2 before subscribe

As per Eagle 190 per share
Six months ended Sep 2018 Eps is 3.93 now translates into full year it comes Rs.8
So it comes at pe of 23
Peer group Aarti trading at 33 pe
Atul 36pe
Navin 17.9 pe
Pauushak 34 pe
Vinati Organics 55 pe (DRHP Page 110)
Something left for retailers.

Dear Harit
Apollo Micro listed at 478 against issue price of 275. Because of good subscription.
We are listing gainer. i
It is enough for one counter to perform on listing day. 10k profit if you got allotment.
Apollo is one category of stock listed well because of good subscription only.
I am not saying Neogen is going to subscribe like apollo. If it subscribes well means it may give decent premium because of low liquidity.

Absolutely RAJAKUMAR for
Listing prospective you r right, but take a call on subscription data is not wise
Lemon tree, Rvnl, midhani, fine organics and avas financial are few examples were hardly 1 x in retail but doing well(thogh listing gains were minimal )
Also
Situations on listing day playing major role
Avas was a good script but NBFC debacle has spoiled its debut

Many people are comparing this IPO with Fine Organics. so Let's see,

Net Profit ratio (FY17,FY16,FY15) : Fine (10.06%,11.55%,9.56%) Vs Neogen (6.30%,4.75%,5.49%)
ROA (FY17,FY16,FY15) : Fine (17.36%,18.20%,15.64%) Vs Neogen (5.04%,6.43%,7.39%)

In terms of profitability, Neogen is behind. But decide based on P/E after issue price & other factors.

Small IPO, allotment chances are poor, only 1 out of 10 applicant will be successful or even more Better to avoid IPO till outcome of election result

@harit , Fine organics is way more profitable than Neogen... So in the long term, Neogen won't give returns as good as fine organics.

Current GMP 26/-

bakwas ipo dont waste ur money, company will recieve money but u will recieve a big loss

Speciality chemical business is good and profitable
I underestimated FINE ORGANIC
It has given handsome returns