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Sonu Infratech Limited IPO Message Board (Page 6)

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20. Imhilli |   Link |  Bookmark | May 2, 2022 10:50:06 AM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Any information on GMP for Sonu Infratech?
19. BLACK COBRA |   Link |  Bookmark | May 2, 2022 7:18:52 AM
Why people apply for this company when better-listed companies are available in the secondary market?
18. snipperRaj |   Link |  Bookmark | May 2, 2022 7:01:43 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Shanm, i want to apply and will most likely apply here but i havent analysed this ipo and company fully. seems some concerns about debt part. Lets wait for others opinion
One Good thing-
Dilid davda review of may apply(havent read it yet)


17. Rightperson |   Link |  Bookmark | May 1, 2022 7:32:17 AM
Dilip davda ji always said all ipo apply. It's risky😃
17.2. RAJESH BALVANTRAY TRIVEDI |   Link |  Bookmark | May 1, 2022 11:58:33 AM
Yes all ipo may apply
17.3. BANSAL ANKUR |   Link |  Bookmark | May 2, 2022 2:38:15 AM
Not in SME
16. vgoel |   Link |  Bookmark | April 28, 2022 10:53:15 AM
Financials are alright but for a company with profit of INR 1.4 Cr last FY, total debt is more than INR 32 Cr.

Very risky bet specially as RBI is expected to announce increase in interest rates due to higher inflation.

Will raise serious questions about this company as going concern.

I would have definitely applied if the debt was less than INR 20 Cr but INR 32 Cr is just too risky.
16.1. somsundar |   Link |  Bookmark | May 1, 2022 4:03:35 PM
Generally construction company will carry construction projects with debt funds. On completion of each projects, receipts of the project will be utilised to repay the debts. So it has to be considered.
16.2. vgoel |   Link |  Bookmark | May 2, 2022 8:42:43 PM
Agreed about your point but the quantum of debt raises questions. With INR 32 Cr debt, there is 0 margin for error if someone is considering to hold medium term.

Moreover, timing is clashing with LIC IPO so that may be a factor too.
15. Shanm |   Link |  Bookmark | May 1, 2022 2:02:32 PM
Dear @MRavi, @Lokesh, @Noorul, @Avenue, @SnipperRaj

Can you pls share your view about Sonu Infra..
15.5. MRavichandran |   Link |  Bookmark | May 3, 2022 8:54:43 AM
IPO Guru IPO Guru (2000+ Posts, 2700+ Likes)
@Imhilli,
SME IPO's are riskier with or with out GMP, and GMP for SME's are not available consistently. Listing or performance after listing has nothing to do with GMP most of the times. Hence, applying with good GMP doesn't release from risk. Please wait for last day of subscription and decide.

Thanks
15.6. Avenue |   Link |  Bookmark | May 3, 2022 12:03:39 PM
@Shanm...@Imhilli... for me company's fundamentals & financial, reviews from great members and Dilip Ji, subscription figures on the last day are main parameters to apply, GMP is the least...
Hence I will wait till the last hour on the last day to decide and apply accordingly...
BTW this segment is not my favourite. Let's see
14. sahab |   Link |  Bookmark | May 1, 2022 12:20:15 PM
IPO Mentor IPO Mentor (900+ Posts, 500+ Likes)
100%avoid
13. IPO Electrifying |   Link |  Bookmark | April 30, 2022 7:04:21 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Avoid
13.1. True IPO Lover |   Link |  Bookmark | May 1, 2022 5:20:57 AM
Specify the reason.
12. God is Great |   Link |  Bookmark | April 29, 2022 11:25:43 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Dear m ravi and lokes..forgot the tension about reinbow ipo मेरा सबसे विश्वस्नीय दोस्त ipo analysis जो बहोत कम बोलता है और बहुत सोच समझ कर ipo फुक फुक कर भरता है। उसने apply किया है। तो ये ipo definitely ब्लास्ट होगा। अभी मुझे reinbow लिस्टिंग की चिंता नहीं है। So enjoy weekend.don't mind dear IPO analysis. just for fun dear..
12.1. Learner SK |   Link |  Bookmark | April 30, 2022 8:26:28 AM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
IPO Analysis took a conservative view in most cases. If he is in rainbow, definitely it is a good news. Also rainbow RII subs is not much. So everyone will get 1 lot and hope it gives decent 10-15% gain on listing and also keep moving in ST - LT.
12.2. God is Great |   Link |  Bookmark | April 30, 2022 9:41:07 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Dear learner SK, मेने तो एक कहावत बनाके रक्खी है। "की बच्चे हर एक ipo भरने से पहले एक बार ipo analysis से पूछ तो लेते, फायदे का तो १००% कह नही सकेगा ,नुक्सान तो नही होगा।
11. Swapnilji |   Link |  Bookmark | April 29, 2022 7:36:58 PM
How to apply 3rd party ipo application plz guide
11.1. Learner SK |   Link |  Bookmark | April 30, 2022 8:29:40 AM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Third party is stopped now a days. Please check in your bank ASBA if they are allowing. Basically, in the bank account (say in your name), try to add demat details of other persons (say your family member) and apply. If application is submitted successfully, you are done.
10. AMIT IND |   Link |  Bookmark | April 29, 2022 7:37:19 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Kindly update about GMP and Subject to rates
9. Carn Mohan |   Link |  Bookmark | April 29, 2022 10:30:25 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
2 retails applied.
जिन खोजा तिन पाइयां
9.1. BuLLz EyE |   Link |  Bookmark | April 29, 2022 7:08:26 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
2 from my side
8. IPOANALYSIS |   Link |  Bookmark | April 29, 2022 10:41:18 AM
I will avoid this.
8.2. IPOANALYSIS |   Link |  Bookmark | April 29, 2022 12:27:28 PM
Yes applying in Rainbow
8.3. MehulStk |   Link |  Bookmark | April 29, 2022 4:18:19 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Thank you for replying
7. IPO Power |   Link |  Bookmark | April 29, 2022 12:07:44 PM
@IPOANALYSIS, @LOKESH, @DINESH, @ANANAGG, and other,
Can anyone tell me whether the new ipo rules for HNIs are applied for sme ipo also?
7.3. CAAnil |   Link |  Bookmark | April 29, 2022 2:14:04 PM
@somsundar...very well explained..
7.4. Anari Investor |   Link |  Bookmark | April 29, 2022 3:25:39 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
@ somsundar Thanks for explaining well and giving full clarifications.
6. Vipul M Shah |   Link |  Bookmark | April 29, 2022 1:53:17 PM (400+ Posts)
Is there any GMP OR Subject 2 Rate ? Anybody else has any idea ?
5. Vipul M Shah |   Link |  Bookmark | April 29, 2022 1:44:08 PM (400+ Posts)
Fully subscribed in Retail category on the first day. Good going.
4. Retail ipo |   Link |  Bookmark | April 29, 2022 8:20:19 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Not applying looking at the consistent increase of debts year on year... otherwise business model, executed projects, client list all are good.

considering the present year profit and debt., it takes around 20 years to clear the debt.

Hence Skipping this.
3. Hostpacker |   Link |  Bookmark | April 28, 2022 9:58:14 PM
If Subscription would be good on last day then apply here.
Nii should be more than 15x. then apply.
2. Dinesh Singh |   Link |  Bookmark | April 28, 2022 10:39:18 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Last 2 IPO handled by LM Evoq and Richa Info open at discount on listing day.
Please take a note of this.
2.1. IpoRetailer |   Link |  Bookmark | April 28, 2022 11:07:24 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
and 14/20 IPO's last handeled by this LM listed with premium.

Question is, Is this really a big factor to be taken into account over company financials and asking price?
2.2. Hostpacker |   Link |  Bookmark | April 28, 2022 11:09:23 AM
Issue price at higher side compare to it's peer.
1. BuLLz EyE |   Link |  Bookmark | April 28, 2022 9:48:17 AM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
Looks good
21.1. Hostpacker |   Link |  Bookmark | April 28, 2022 10:03:56 AM
Yes, Profit is Increasing but debt is there around 32 Cr.
Profit for year is maximum 1 cr 39 lakh.