@ learner sk. I mean block in maruti. Subscription figure of this one also give confidence... But very expensive at high pe.
16. Learner SK| Link| Bookmark|
February 11, 2022 8:55:24 AM
Top Contributor (1000+ Posts, 200+ Likes)
I just searched all old messages for Richa and could not fund message from Big Bulls of our forum like @MRavi Sir, @ Noorul Sir, @ Lokes Sir, @Anant Sir. As per Dilip Sir's review, it is an avoid call because of pricing and long gestation to Mainboard. Maruti allotment is today and funds may get released by tomorrow. Who is preferably among Richa and Vaidya?
I am skipping this . All funds blocked in other IPO's.
13. AMIT IND| Link| Bookmark|
February 10, 2022 1:40:20 PM
Top Contributor (500+ Posts, 100+ Likes)
what's our forum members plan to apply . Though looking at steep pricing is it still worth as there is not much left on table for investors. tomorrow its subscription will also go high as there is no main line Ipo . Can any body give current GMP or subject to .
@K.Atar := I have no intention to favour them. However if there comes any moment when I have to favour someone, I will try to favour the forum members because I am also forum member. Instead I want to tell all the pros and cons if any so that members who want to apply should know and keep in mind the cons of the issue.
10.1. K.Atar| Link| Bookmark|
February 6, 2022 11:34:25 PM
IPO Guru (1000+ Posts, 700+ Likes)
Brother, I meant to say that it is already a avoid call, though I said on a lighter note. And you are humble in your approach to benefit the forum by discussing its financials, and really appreciate it. Thanks
I don't know about the financials but can say one thing that all reserves have been utilised for issuing bonus shares. Now only future growth (may continue or not) is being sold at premium of Rs.115/- by showing the past growth. OMG.
9.1. K.Atar| Link| Bookmark|
February 6, 2022 10:31:11 PM
IPO Guru (1000+ Posts, 700+ Likes)
Brother, you are doing them favor by reading the RHP, nothing exciting after reading the review of Dilip Davda Sir. Let's wait and see how the subs go for their IPO.
NAV per Equity Shares (Pre Bonus) was Rs.1578.75 and NAV per Equity Shares (Post Bonus) Rs.13.05p only as per page 13 of DRHP. Loot liya baki kya chhoda?
4. Adp| Link| Bookmark|
February 4, 2022 9:49:50 PM
Top Contributor (400+ Posts, 100+ Likes)
Ye SME ipo me PE BE kuch nahi hota ye keval Opreter Game hota hai
3. antarix| Link| Bookmark|
February 4, 2022 7:07:28 PM
IPO Guru (1000+ Posts, 700+ Likes)
Out of three i.e. Richa Info, Maruti Interior and Vaidya Sane, Maruti seems better. Richa Info is just trying to earn some moolah while its investor will bleed.
The company issued bonus shares in the ratio of 120:1 in July 2021. Promotors share price is Rs.3.15 paise per share and their investment is going to be 40 times with this issue price.