Apply on last day after seeing the oversubscription data of NII/HNIs. If allotted sell on listing. No IPO is a long term play. Even if you get one or two good IPOs for long term , there are more IPOs you will end up in holding for long term.
Worthy comment ^ No IPO is for long term^ If I ask you to name two IPO that has come in the market this calendar year and may survive for ten years what will be your opinion.
17.2. Adv Sarin| Link| Bookmark|
September 16, 2021 2:58:17 PM
Top Contributor (200+ Posts, 100+ Likes)
During last 6 months most of the IPO came to market are good and will grow manifold in coming years. Some of they started shining from listing day itself. Even if market crashes still they will comeup soon. See Laxmi, Clean Science, Nazara, GR Infra, Easy trip, Tatva,, Ami, Zomato or even GLS or IRFC both on discount and many more. All these companies will grow in next 5-10 years and people who sold them for listing gains will repent. All the good companies we call Blue Chip entered markets years back and those who kept them are enjoying today.
17.3. Adv Sarin| Link| Bookmark|
September 16, 2021 6:23:47 PM
Top Contributor (200+ Posts, 100+ Likes)
During last 6 months most of the IPO came to market are good and will grow manifold in coming years. Some of they started shining from listing day itself. Even if market crashes still they will comeup soon. See Laxmi, Clean Science, Nazara, GR Infra, Easy trip, Tatva,, Ami, Zomato or even GLS or IRFC both on discount and many more. All these companies will grow in next 5-10 years and people who sold them for listing gains will repent. All the good companies we call Blue Chip entered markets years back and those who kept them are enjoying today.
Now, this is a business I wish to own if not alloted, will buy it post listing. However, there will be no immediate gains. But in 5yrs it should be in 4 figures. This one is a wealth creator.
I dont hve clear cut idea about that as i use my own fund but as i got to know through my past experience dat not many funded hnis takes interest in small size ipo because very small amount left for them in T group category ipo and there is high probability of ended up in loss..
Financials of Paras Defence IPO: Particulars (in Millions) Mar 20 Mar 19 Mar 18 Revenue from operations 1,470.43 1,543.99 1,492.56 Cost of material 739.75 955.23 948.04 Excise duty 4.31 - - Changes in inventory -15.81 -116.39 -164.88 Employee Benifit Expense 109.64 89.77 68.62 Excise Duty and Service Tax - - 61.7 Other expenses 239.84 187.05 167.34 Operating Profit 392.70 428.33 411.74 OPM% 26.71% 27.74% 27.59% Other income 20.08 27.7 32.77 Finance costs 97.73 93.86 73.57 Depreciation and amortisation 97.13 94.06 66.81 Profit before tax 217.92 268.11 304.13 Total tax expenses 78.41 78.41 53.33 Profit for the year 196.57 189.7 250.8
I see a clear and beautiful year on year reduction in revenue. Wonder what''s up with the company. It is also a problem with Corona times, difficult to assess if there is a structural problem or its the pandemic..Any insights would be great.
You are seeing beautiful YoY reduction because of effect of COVID. There is strong possibility of growth in future because of strong order book and strong R&D capabilities.
Week old story but it is really important to know. https://www.outlookindia.com/newsscroll/paras-aerospace-ties-up-with-israelbased-parazero-on-drone-safety-tech/2156212
Paras Aerospace announced an exclusive partnership with Israel-based drone safety systems provider ParaZero. Paras Aerospace is a subsidiary of Paras Defence and Space Technology Ltd, offering a wide range of development, integration, manufacturing and certification of UAV systems. ParaZero specialises in the design and manufacture of autonomous commercial drone safety systems. Drone parachutes can protect a variety of drones, including NPNT-compliant ones, with takeoff weight ranging from one kg to 100 kg,
@Eagle Eye mam, you opinion helps a lot of people who are in retail and NII/HNI. Please provide your inputs so that people can decide on how many lots they have to apply or just apply in retail.