Personal Allotment Preference: 1. Indigo Paints (greedy valuations but decent company) 2. HFFL (ok valuations but risky company) 3. IRFC (didn''t apply.. no point as we can buy on listing also) 3. Stove Kraft (not applying at all.. seems cooked financials and greedy)
22. RajBreaks| Link| Bookmark|
January 21, 2021 11:27:56 AM
Top Contributor (200+ Posts, 200+ Likes)
Dear Experts, Kindly Inform, How To Apply For Example 1.5 Lacs Capital In The 3 IPO''s Like
Indigo Paints Home First Finance Stove Kraft?
Should I Apply 50,000 Each In All These 3 Ipo''s or Your Suggestion Plz?
My suggestion would be go for all this 3 IPO.. Apply for Home first: 1-2 Lots & rest divide equally Home first finance business is good but listing gains are expected to be less but for long term its a good share..
Listing gain with zero risk then apply for Indigo and Stove . No need to take tension about budget and market mood . Apply and wait for allotment to sell on listing day.
I see the reviews on Amazon, pretty average. If they really use the ipo proceedings to build quality products could be long term diamond. How ethical are the promoters?
Valuation is very good.. Brand name.business is also good. One of the biggest home appliances in India.. Apply for listing gain Very less chances of allotment..only 10 % retail portion.
@P Patel ji Inflatng books of last six months not a new phenomenon for companies entering in primary market. Many trade receivables are entered in account. Free cash flow not mentioned.
Retail allotment will be 28000 forms so it will subscribe above 50 times for retail Consumer goods coming at 40 pe around. Almost equal to TTK Hawkins. Apply for listing gain.
Thank you sir I will apply for listing gain only and skip home finance IPO.
14.3. lekker| Link| Bookmark|
February 5, 2021 8:54:35 AM
IPO Guru (1300 Posts, 1900+ Likes)
Rajakumar Ji, You are true hidden gem of this forum, followed you multiple times like Hdfc life gland Pharma and now stovekraft and earned good profit. Thanking you.