Sona BLW Precision Forgings Limited IPO Message Board (Page 2)

Guys I''m from Auto Parts Industry. This company is very much overvalued. So don''t expect long term return. They have a very high PE/Ratio, EV/EBITDA and PB/Ratio. Why are people expecting returns on this kind of share. Its just that a FII is a promoters its doesnt mean that the company is good. Please check the financial and fundamental of the company.

@ANANTAGG --->Time for you to quit auto parts industry..!!!!!

Anantji@ देख ले, आटो इन्डस्ट्री और शेयर इन्डस्ट्री मे फर्क।
शेयर बाजार भविष्य का आंकलन करता है। गधे और घोड़े मे फर्क करता है।

After hitting the upper circuit, can someone (who possess the shares) still sell them? Or is it done for the day?

Yes of course, if there are buyers you can sell at any moment.

Remember, I told at the time of Antony, Gland pharma and this time for Sona.. Perfect analysis bring good result. You can check my comments on Message Board, Now Sona up 23%.

You are correct, we applied 9 applications alloted all profit 3.80 lakhs in gland
same happend in SONA 9 applied but small quantity but profit one lakh

Circuit lag gaya maamooo. 361.20 (24.12%) up... Enjoy

Ab koi fayda h lene ka?

I just now realised that this company belongs to Sanjay Kapoor (Husband of actress Karishma Kapoor). Bhai he is very business minded person. Ye Sone pe (Sona) pe suhaga hai. KAl firse circuit be ready....

मजा आ गया 261.20
सबकी आवाज बन्द CNBC,ZEE अनिल
बड़े बड़े महारथी धराशायी

Is short squeeze going on?

seems typing error. its is 361.20

Lukewarm participation from NII and good response from QIB are blessings in disguise for the retail applicants.Chances of allotment are high. Only the risk taking investors are advised to apply. I made multiple applications each for 1 lot. Optimistic about medium to long term gain.

Yes. I made 5 multiple applications but each for 1 lot only. Got allotted in all the 5, But I could have applied for maximum lots available under retail for each of the 5 applications. Gain would have been mind boggling.

hmm... No one knows the future

As I read news and the promotor is same person, the promoter is a third class person earning money by forcing wife to sleep with friends on her suhagrat. Cannot think good for such people.

Cold burger moka chook gya

Moka to chuka hi gmp kam tha. Ye news kal padhi to laga theek kiya miss karke. Lekin money can be made by good guya as well bad guys.

If upper circuit is going to revise today?

No. On listing day, Upper Circuit is of 20% of listed price (Rs 301).

we recomded in shyam to sell shyam and buy sona
now it is on curcuit
the curcuit may open

in sona now from 7 laks shares buy in upper cucuit it went to 6 lakhs share
but now at 12.11 pm the some world markets have opened and i see more than 10 laks share are buyer in upper curcit
so now it is almost certain curcuit may not open
time 12.12 24/06/21
my graph view has changed
sorry for the miscalculation

Chem cho now 14 lakh shares at UC price

Invested 2 lakhs in this IPO got Rs.50000 notional profit as of now (still holding). Will keep for mid/long term.

I have posted a message on June 16th and posting again for the benefit of this forum:-

If market is stable or rises from today till listing we can expect min 10% listing gain. Only worry is market should NOT be down by more than 5% at the time of listing.

My reasons are as below:-
1. There will be lot of demand (more buyers) but limited supply(less sellers) as it is not subscribed fully in HNI category and max 2 times in Retail category and lot of demand of QIB and FIIs. (Ideally HNIs and Retailers sell in panic or invest for just listing gains). QIB will be subscribed close to 4 times (already 3.5 times)
2. Very niche company catering to EV industry which is future. Sales are expected to rise by 5 times in next 5 years. Lot of headroom for this company to capture this.
3. Diversified niche offerings and caters to different geographies.
4. 75% revenue comes from exports mainly to USA, Europe and India.
5. Wonderful clients and long term relationships.
6. EV growth will be spectacular in India in next 5 yrs because of FAME subsidies.
7. It caters to all segments of road transport PV, CV, 2W, 3W.
8. Industry leading Operating profit i.e EBITDA, PAT, OPM, NIM
9. Industry leading ROE and ROCE.
10. Nil debt after IPO. As of now D/E is 0.3 which is very low.
11. Revenue has grown 36% CAGR from FY18-FY21.
12. EBITDA has grown 37% CAGR from FY18-21.
13. Adjusted PAT has grown 39% CAGR over same period.
14. Consistent R&D spend that helps to maintain technology edge.
15. Richly valued but for reasons mentioned above.
16. Remember Dmart, Dixon, Indiamart which are richly valued because of specific reasons.

Sona has given bumper return Which no one expected firm allotment to everybody who applied enjoy ride

Surely it will list with premium Daydreamers who willing to buy in discount keep dreming

Reverse thinking. On listing what price one expects? 200 or 250. I think its worth taking risk.

Multibaggar in the offing Hold tightly

When Adani shares can trade at hundreds of multiples this stock deserves a lot more. This is in future technology and deserves a lot more

Capital market magazine 👍🏻👍🏻👍🏻

Got 7/7. Bad Luck ,,,😔

You my frnd is not at all unlucky, but the exact opposite 😄🙏

I guess he might have sold few lots at listing price

मजा आ गया 261.20
सबकी आवाज बन्द CNBC,ZEE अनिल
बड़े बड़े महारथी धराशायी

Up by 24.12%. Exit the IPO with a Target Price or hold for long term.

Exit or hold? Any suggestions?

Sell the 40 shares , which will be approx to ipo price ..you can hold rest 11 shares for long term

Ha ha ha ha

Aaj sab bolenge ki mene bola tha and blah blah

Pehle to gmp 2-3 rs bolke avoid karne ko bolte the..high pricing ,blackstone and mutual fund was joke waale kaha gaye ???

Please always don''t judge on GMP. Gland and Anupam Rasayan are the classic examples.

Yes. People believe in GMP only and not the business/product portfolio. I made mistake in gland pharma n angel. But not in Anupam n Sona blw.

Gland pharma was costly at 1490 but trading at 3100 now. Dmart was always costly even on listing day at 610 but trading at 3100 now. Understanding the business is important. PE is not an issue for investors. They r ready to pay high.