Nupur Recyclers Limited IPO Message Board (Page 9)

Beware.
Rethink before applying.
GMP of this issue is said have gone into negative.

No. It never came negative. Please recheck.

Still I am applying in full force

Only apply for company invest in ev charging station.

Guys - what''s your thought on NII sub? Planning to apply for 6-7 lots but given the current sub, it seems it will be in the 50% expected range...your thoughts pls.

Thanks

Retail kitna subscribe ho sakta hai ??

Retailers me 10x se jyada nai hoga subscription

Retailers fund blocked heavily in MapMyIndia, data pattern & medplus

SBT 16000

Sab Apne Apne Gyan ka bakhan kar rahe hain.😊

Nupur invested around 10 crore (around 60% of it´s net worth) in real estate company Omaxe Ltd in FY2021. The investment has nothing to do with it´s core business.
If it´s the same company that IPOed in 2007 then Omaxe has steadily eroded investor wealth
https://www.chittorgarh.com/ipo/omaxe_ipo/100/
Nupur bought after Omaxe had a steep fall in stock price and lost around 70% of it´s market cap in July20. Why even buy such a stock,
Operating cash flows for FY22 first qtr are aslo negative
Correct me if i´ve got any facts wrong

This fact will impact the subscription to some extent.
Let''s see the final figures on last day and decide.
SME''S are always risky bet. You can loose upto 50% of you capital.
Please think and decide. That''s all.
Thanks.

Thank you for sharing, much helpful. I am not applying to this IPO.

Allotment date pls

Map my india apply 500X karne se a achcha
Isme 50X appky me jyada profit hoga

Estimate profit 50000
Map my india 15000

Considering the demand for this right now it will surely list @100% profit ,may go like prevest also

Most of hni apply in retail portion in map my india because of this sme ipo

Sme ipo me paisa lagane se pehle ek pura soch samaj ke lagana chahiye

what the hell, SME IPO on 1st day 6 times. That to SME IPO size is decent. Any suggestion in HNI, how many LOTs I should apply to get one lot looking at the current status of subscription?

It will exceed the Denpro.
Minimum 90X.

55X

Most of the members are saying to apply. How much listing gain is expected in this IPO?

Nupur Current gmp 18

Subject to - Rs 32500/- last heard…

What is GMP ? Any subject to Rate in this NSE SME IPO ? Anybody has any idea ?

many new members batting for this IPO

Basically a sophosticated Kabariwala/ scrap dealer. Sorry if that sounded offensive. But thats the first thing coming to mind looking at its website. Set up 2 years ago, valuing the company at 125 crores. The only Hype, yes that seems to be a hype .... 200 EV stations this fiscal.
Why should I apply? Listing gain....Maybe. Long term hold....?? If you think it is a long term bet, better to buy from secondary market. Considering the SME risk: Reward ratio.... Decision tilting towards avoiding... Will see final subscription figures on last day before deciding for sure. It seems it will be fairly oversubscribed. So the management obviously knows how to extract money from the market...Thats a credit.
Data Patterns and MapMyindia will absorb most of the funds. Lets see if something remains for other issues.

Why have so many new members suddenly sprang up to act like cheerleaders for this one? The subs figures seems an illusion. Not even the mainline IPOs get 6x in HNI subs on the first day. Now it seems my decision is made. I am avoiding. Wont regret even if it lists on a huge premium. Better to be sure before applying.

how would they fake HNI investments ? where would they get funds to apply 6 times over?

also a glorified kabadiwala ? they extract metals and process them..thats a bit more than that..

accounts could possibly be cooked yes but seems their promoters already were in metal scrap business and have also other such buisnesses running in parallel..its not entirely unlikely for business to have grown given demand for such metals and higher prices recently.

I thought of applying in this SME IPO.
But, on a second thought , it''s Financials seem cooked up , along with ECS hype .
Seems to be a trap.

@kiaan Exactly! The EV tag along with miraculous financials seemed quite unbelievable.
Its surprising how the promoters were able to grow their business multifold so rapidly. I''ve never seen such growth in any business. The financials may be cooked which is the only big concern i have.
If anything looks too good to be true, its usually isn''t.

surprising NII 6 TIMES RETAIL NOT EVEN FULL

Fundamentals very strong.