Parin Furniture Limited IPO Message Board (Page 1)

allotment out. SBI unblock amount

i have seen parin furniture product in many outlets. the products are really good . also gone through their website . as per them you will find their chairs at every airport and thats true . they are the preferred partner for all airport development companys

i apply in this ipo through Offline Mode but now i confused regarding low subscription,
can i withdrawal my money from my bank, then i cancel this application or Wait for allotment / listing ?

Looks like the 1st day subscription was "arranged"

Taking a break from sme IPOs now. As the market is so much volatile at this time. Every company is risky

In past, furniture companies like Milestone, Omfun, Avon, etc. are trading below issue price. So cant decide about this IPO.

2nd day subscription was not good as compared to 1st day..

Agreed to Rajkot views.Most of the furniture business in cash difficult for corporate accounting/governance.There was previously also one Modular furniture issue in SME .No return to shareholders.

Excluding B2B business, the billing would be in cash.. so corporate governance standards are loose in such business.

If NII is oversubscribed than allocation is on pro-rata basis or (like RII category) whole lot or nothing basis??

A very good subscription figure is on the way...

This one looks good and can be considered. Lets see how it goes.

Dilip davda ka report kagaya hy subscribe GMP 5k to 7k ,,????????,,&

Dilip davda ka report kagaya hy subscribe To 5k to 7k ,,????????,,&

What the latest discussion on this IPO friends?

Pros:
1.      PE of 10-16 is quite ok. As per RHP, it's near lowest in industry.
2.      Profit has been constantly increasing in the past 4 years, NO SUDDEN SPIKE, which shows genuineness.
3.      Repayment of over 60% of Secured borrowings which will improvise the profit margins as earlier the Finance cost was 4-5% of Total Revenue.

Con:
1.      Revenue has been fluctuating in past 5 FYs, which is marginal as per industry cycle but is a matter of concern.
2.      Could face tight competition from low price, quality, self-assemble furniture offered by IKEA which has recently entered in India and that is a long term issue.

My Conclusion:
SUBSCRIBE

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and on what basis u say that?

Bhai sanjay ji ne kl hi account bnaya h is fourm pr

Management is good with clear vision. Reputed family.
Concern is of consumption story but might not affect much as expanded their business from B2C to B2B also. Attractive PE compare to competitors.

Yes

If shares are alloted than while trading in secondary market... the market lot (ie 2000 shares) will be same? Or we can trade even in single share like mainstream index shares?

why only 3 days for this ipo? sme ipos are for longer days... no?

First day retail more than 1 time than trapped investor ..