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Suich Industries Limited IPO Message Board (Page 7)

RAMAN PRAKASH
26. RAMAN PRAKASH  May 27, 2019 17:26 I Like It. 1 | Report Abuse Reply
all market
Allan
25. Allan  May 27, 2019 15:42 I Like It. | Report Abuse Reply
Issue Price @75 n HP was issued shares @ 72, Doesnt this sound dicey?
Are they any success examples anyone knows where he was awarded below the issue price and the shares atleast gave listing gains
medge
25.3. medge  May 27, 2019 17:11 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Allan, I meant to say Deccan Ritco and Artedz are now trading below or almost at IPO price.
So something that long term investors are trapped.
Melson also suspecting same in his post, pls check his comment.

Allan
25.4. Allan  May 27, 2019 17:25 I Like It. 1 | Report Abuse
Yea got it...thanks.
medge
24. medge  May 25, 2019 19:58 I Like It. 3 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
This company sector is highly competitive, don't forget powerful technology ipo,
Let's see how subscription will happen.

Suich earlier selling their products on Amazon/flipkart but now you will not see any company product on eCommerce sites.

As per details company targetting rural area market for their products, most of business from rural area customers.

This may be gamble, will decide on last day.
medge
24.2. medge  May 27, 2019 14:31 I Like It. 3 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Sure, pls send more details about meet.
medge
24.3. medge  May 27, 2019 15:36 I Like It. 5 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
As per Draft please read

A Criminal Complaint under section 138 of the Negotiable Instruments Act, 1881 ("NI Act") has been filed against Our Company and its Promoter-Director Gunnit Singh Allagh. The matter relates to dishonour of cheque amounting to INR 10.2 lakhs. For further details on the matter, kindly refer the heading"Litigations filed against our Company" in the chapter titled "Outstanding Litigation and Material Developments". Future implications of the matter:It shall be noted that a person convicted under section 138 of the N.I. Act may be punished with imprisonment for a term which may be extended to two years or with fine which may extend to twice the amount of the cheque, or with both. In an event, Gunnit Singh Allagh is convicted in the above matter, he shall be debarred from becoming directors of our Company as per section 164 (1) (d) of the Companies Act 2013.Our Promoter-Director, Sanchit Allagh is involved in a criminal matter for offences under sections 406, 420 and 120B of the Indian Penal Code, 1860 and section 66 of the Information Technology Act, 2000 wherein he has been accused of being involved in a fraudulent bitcoin transaction. However, he was released on bail. For further details on the matter, kindly refer the heading "Litigation against our Promoters" in the chapter titled "Outstanding Litigation and Material Developments".
Pritesh Chavan
23. Pritesh Chavan  May 27, 2019 12:00 I Like It. | Report Abuse Reply
Powerful tech company was incorporating in 2015 and IPO in 2018 , not much experience of management. They are in trading of TV , monitor and power bank. They are not in battery,charger.
We can't compared with Suich industries.
Small Investor
23.2. Small Investor  May 27, 2019 13:33 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Powerful Tech rs 13 from 51 now suich same company but pantamath LM is a Experience and H...P.Hold stake in this co

must apply for listing gain
medge
23.3. medge  May 27, 2019 14:47 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
@Small
Thanks you, will decide if HNI crossed at least 2 times, as in SME fundamentals does not matter.
LM and HP involvement are only good points about this as of now.
Melson
22. Melson  May 27, 2019 08:11 I Like It. 2 | Report Abuse Reply
Pantomath is a very smart lead manager it does not hurt much to the retail investor who initially applies in its managed IPO. However, it traps investors afterwards and leaves the scrip when its purpose is solved. HP investment might be of purpose i.e. real purpose but it can also be a trap tech also. Now a days fundamentals hardly play any significant role in SME ipo. Small investor should have every thing in mind better not to take much risk and keep in the mind whether you are investing for listing gain or intend for long term investment i again repeat fundamental hardly play any game in short term. if for listing gain then book profit or loss whatever may be either on listing or at the most next day.
Carn Mohan
21. Carn Mohan  May 26, 2019 18:37 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
₹ 75 and lot 1600 .
Priyansh Agrawal
20. Priyansh Agrawal  May 26, 2019 12:00 I Like It. | Report Abuse Reply
@RAJKUMAR PRICE BAND NO UPDATE WHERE GET YOU INFORMATION?
Priyansh Agrawal
19. Priyansh Agrawal  May 25, 2019 11:21 I Like It. | Report Abuse Reply
Dear small invester lot size 1600 risky
Small Investor
19.3. Small Investor  May 25, 2019 17:24 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
bhai 19 pr tha tb avg kr lete svrs foods ko iska next target 50+ hoga
Shashi Bhushan
19.4. Shashi Bhushan  May 25, 2019 20:15 I Like It. | Report Abuse
Bhai dudh ka jala chach ko bhi fhuk fhuk kar pita hain.... 33 tak to avg kiya tha....Uske baad himat haar gaya.... Pata lage 10 pe chala jaaye..... Anyway...
Now its moving positively.... Wait for 50
Hiteshji
18. Hiteshji  May 25, 2019 18:07 I Like It. 3 | Report Abuse Reply
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Strictly avoid all sme. Let them teach lesson. Automatic they will come with cheap and reasonable IPO price.
Hiteshji
17. Hiteshji  May 25, 2019 17:21 I Like It. 3 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Avoid. Now many IPOs will come as govt is final. They want to cash quickly. Beware about those IPOs and focus on quality stocks.
Priyansh Agrawal
16. Priyansh Agrawal  May 25, 2019 13:21 I Like It. | Report Abuse Reply
Dear jigar LM mean lead manager and lc lower circuit
JIgar A
16.1. JIgar A  May 25, 2019 13:30 I Like It. | Report Abuse
Thank you sir
Dinesh Singh
15. Dinesh Singh  May 24, 2019 16:16 I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
In stock market there is always risk.
In spite of HP and Pantomath this may also fail to give any listing gain.
But be positive and take risk.
RAJAKUMAR
15.1. RAJAKUMAR  May 25, 2019 10:21 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Yes
RAJAKUMAR
14. RAJAKUMAR  May 25, 2019 10:17 I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Issue opens 30 to 4
Issue price is 73 to 75
Lot size is 1600 shares.
Attractively priced.
FUNDINGTOUCH
13. FUNDINGTOUCH  May 24, 2019 22:21 I Like It. | Report Abuse Reply
PRE IPO EQUITY 11124000 SHARES & IPO SIZE 4115200 SHARES SO TOTAL EQUITY POST IPO 15244200 SHARES AND IPO PRIZE 73 TO 75 RS PER SHARE AND RAISE 30.86 CR. SO IPO VALUATION OF THE CO POST IPO MARKET CAP 114 CR. 2018-19 PAT 15CR & EPS 10 RS AND ITS 7.50 PE MULTIPLE POST DILLUTION.
FUNDINGTOUCH
12. FUNDINGTOUCH  May 24, 2019 22:06 I Like It. | Report Abuse Reply
IPO OPEN ON 30th & CLOSE ON 4th JUNE , PRIZE BAND 73 TO 75 RS PER SHARE.
Dinesh Singh
12.1. Dinesh Singh  May 24, 2019 22:08 I Like It. | Report Abuse
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Thanks Fundingtouch.
Dinesh Singh
11. Dinesh Singh  May 24, 2019 17:30 I Like It. | Report Abuse Reply
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When this IPO will come?
Any one have idea. Thanks.
Carn Mohan
10. Carn Mohan  May 24, 2019 16:02 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Only Hetash Patil or any other big investors where I can see this data.
Carn Mohan
9. Carn Mohan  May 24, 2019 15:14 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Rajkumar ji what is H.P
Priyansh Agrawal
9.1. Priyansh Agrawal  May 24, 2019 15:40 I Like It. | Report Abuse
H.p. big invester as hitesh patel
RAJAKUMAR
8. RAJAKUMAR  May 24, 2019 12:58 I Like It. 1 | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Small Priyansh Dinesh, Splendid, Medge
All are afraid of listing of Par, I think retail interest going to be very minimal in this company. But i will apply.
Par drugs H... P.... not involved so not great listing
But this company will perform well on listing day.
medge
8.1. medge  May 24, 2019 14:39 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
thank you sir,
if issue size is 40cr then price around rs100.
RAJAKUMAR
7. RAJAKUMAR  May 24, 2019 12:50 I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
March 31 2018 Eps is 6.6
Dec 2018 is Rs.10.3
RONW 18.4% on 31.12.18 and Dec 2018 is 16.4%
Industry Pe 40
NAV 46 as on 31.12.18
Peer group is Dixon Tech trading at 40 pe (DRHP Page 80) as on 28.2.19
As on 19.2. 2019 5,00,000 shares has been transfer from promoter Gunnit Singh to HITESH PATEL at Rs.72 (4.5% stake)
Share Holder Fund is 51 Cr. (Equity 11 Cr. and Reseves 40 Cr)
Long term Borrowings 3 Cr. and Short term Borrowing is 27 cr.
Debt Equity Ratio is 0.67 is good.
Good company. LM Pantamoth and H... P... Joining together before this Deccan and Altredz both listed well and after listing also price sustained above the issue price or listed price.
Issue size around 40 Cr. so Retail subscription will not above 3 times.




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