Quicktouch Technologies Limited IPO Message Board (Page 10)

UPCAMING NEW SME IPO .........NSE SME COMPANY NAME ;- KRISHCA STRAPPING OPEN DATE ;- 25TH APRIL 2023 LM ;- SHARE INDIA

Sub to 2525

Ya take risk

1st day subscription is quite impressive

SUB TO 4040

No gmp for ratina
But
Sub to for quick touch is now 5555

Koi batayega pls ... if i apply 20 lots ..will i get confirmed allotment or lottery or any other scenario ?

USK OR AVALON KE LISTING KE BAD MUJHE NAHI LAGATA KI AAGE AANEVALE IPO ME LISTING GAIN MILEGA......JUST MY VIEW

After knowing about the dubious background of promoter, I am avoiding it.

Can anybody find working of 2023 ?

Prospectus readings

Receivables, Payables, Intangible write offs, SMS and DLT charges, business promotion expenses, manpower expenses, other loans & advances all show significant jump compared to previous year.

Difficult to determine what would be the normal scale of business and its sustainable profitability

Premium 2 rs heared

Iam applying

Dear dinesh app jo sme apply karate hai.. Wo last day me closing ke bat kahete hai.. To iss sme ka decision itna fast kyu le liya🤔

Due to dubious character of promoters.
I am out from this IPO. Not sure about listing gain.

Quicktouch Technologies GMP 1.5O Buyer [Limited Buying Happening]
Fixed 900/- per application @ 09:00pm # 17/04/2023.

sir heared premium 3 rupees now

Good point

On February 18, 2019, Mr. Gaurav Jindal, Promoter and Director of the Company booked and arrested as accused under Section 69 of CGST Act 2017 for violation of Section 132, 7, 16(2), 31, 32, 35, 37,38 and 39 of the CGST Act 2017. It was alleged that Mr. Gaurav Jindal, while acting as one of the Director of M/s. GJA
Industries Limited (now name changed to M/s. Whitecliff Industries Limited) and few other companies has violated the provisions of Section 132 of CGST Act 2017 to the tune of ₹ 885.00/- Lakhs.
SAB GOLMAAL HAI ?

Very important information 👍

Good reason to avoid .

Silver Pearl Announced result date - 26/05

Results dates so far
1) Mangalam worldwide - 18/04
2) TMB - 24/04
3) Emudra - 28/04
4) Varanium Cloud - 28/04
5) Silver Pearl - 26/05

Varinium Cloud :

Final Dividend : Rs 7 per share (Earlier interim Dividend Rs 2)
EPS : 82
Already approved for split the share to 5 paid up.
Already approved for bonus share (Ratio not declared).

Revenue and profit almost 10+ folds (YOY)

Record Date for cloud (bonus/divison) - 09/05/23

Financials look attractive prima-facie, but if you check them carefully, you will see that MAJOR CHUNK is not Invested in Human Resources (IT Companies' spend major part of their revenue in SALARIES), rather it's "OTHERS"!
To me, this means money came from one side and went to other side in name of OUTSOURCING as this usually happens to boost the revenues. A very old trick. I might be completely wrong here. But this is my gut feel.

Approx Rs.8.85 Crore GST litigation against the promoters is also concerning and supports my above mentioned point.

In short, as mentioned earlier IPOs also, SMEs don't run on fundamentals. I might also apply for listing/short term gains but this company doesn't sound like a "too good company" for sure.

CA members of CG family can throw some more light as this is my own understanding and analysis which might be completely wrong!

@SSingh its ok sir

u r kind of ipo guru for me

ur so many comments help me so much in many ipo..

please continue that in future too🙏

We are all learning here sir..
As we are students so we are bound to commit mistakes too. So all good.. Will continue sharing whatever little I know 😊

Did I read correctly that "founder is out on bail" ?

Marwadi se liya sindhi ko becha. 😂
Peer dikhane se kuch bhi hota hai kya.

Let's see. Its IT time.

Can anyone please tell at what PE this stock is being offered ??

Will Quicktouch give Quick gain?🤔🤔🤔

ANY gmp1?

Sub to 2222

Tentative dates for Mankind Pherma is 21-25 April. So refund of Quicktouch will not be available for Mankind