Aether Industries Limited IPO Message Board (Page 16)

Today is very big day of allotment.
Best of luck.

@Dinesh Singh... Yes... I expect it to be full allotment in Retail as well as sHNI (14 lots), good allotments to all bHNI applicants...

I have doubt in Retail.
Let's see today.

I mistakely bidded lower price band of 610 any chances of allotment because in this subsciption 100% allotment. Please let me know

No chance of allotment sir.
Always bid at upper band of price or cut off price.

Campus Activewear key updates for Q4 and FY'22.
The company is on excellent track.

Kal 10% uplift milega...Weak hands will exit....and share will be on a new trajectory.

All,
Apologies for off the topic here.

For those holding SME's stocks, results are provided as below:

Eighty: in Eighty page (thanks to @Ravu)
Precision: in Fidel Softech (thanks to @NaveenK)
Le Merite: in Le Merite page (thanks to @Checkmate)
Swaraj: in Le Merite page
AB Cotspin: in Le Merite page

Thanks

@Mravi sir in sme ipo is there big hni and small hni rule?

@gala,
Only book built issues shall follow new HNI rules. Fixed price issues shall follow old HNI rules. Most of the SME issues come under fixed price issue.

Thanks

Any reason for movement in zomato stocks? Would there be further rally? Just today for the bulk deal

Post-Q4 results, Zomato management has announced that it has around Rs 12,200 crore unrestricted cash and their capital requirements are limited. So, there will be no cash burn taking place in the company. Apart from this, the company has said that it would contain its operational cost and improve margins in upcoming quarters. Probably this is the reason for Zomato share price rally in recent sessions.

There is No bulk deal in Zomato as per NSE data.

New rule for IPO Application will be considered valid in subscription data after successful money blocking..

Achha hua Garibo ko aur Garib banao... Ethos loss me gaya... achha hua... system ke hisab se ab baki ke 2 IPO naffe me jayege... 😍😍

apun Aether me premium me maal bechta jaa raha he( Thela bharke) ... E mudhra me Full on sirf 3 normal 15k wali application hath me rakha he...

Bechare Ethos wale Middle class bhi crodo walo ki salah ke bhog bane... Ab bolege humne kaha tha bharo ?? naffa mese bhag to nahi dete to nuksan bhi khud bharo...😭🥲🤕 #sed life .....

Aether premium 28

Aether premium 25

Today 's comparison of Tatva Chintan & Clean science

Tatva Clean
Price 2298 1716.90
Rise 106 40.70
in Rs.
Rise 4.85% 2.43%
in%
P. E. 53.06 79.8

Campus results...fy2022.

@Monster Zero,
This one is the wrong result, right?

Consolidated results...

campus 80rs PE for yr2022 👍👍

Campus result :
Footwear and fashion are seasonal business. Q4 is not best quarter in comparison to Q3( festive season) so sequential dip in revenue can be understood. 27% jump in revenue YoY which is really good.
Overall decent result.
Q4 annualised P/E = 68.5
I will keep on holding my portfolio stock of Campus.

Today Nifty closed above 16500.
Breakout has given.
It shows upper move from here.
Can touch 16800 to 16900.
Very good sign for ipo listing.
Those who have bought Good quality stock on decline can wait for Nifty to touch 16900 and earn handsome gain.✌️✌️✌️

This mutual funds are buying junk ipo stocks are very bad for retailers. This should be stopped immediately by government.

In ipo retail portion 35% in buyback retail portion 15% sebi is doing wrong with retailers.

Any Main Board IPO in June?

There are many IPO in June but in SME Board.

Greedy promoters, fake experts and corruption are responsible for loss of retailers.

Repost from few months Back....Some one from this forum posted this message.
A good one....kind of my favourite.

तेजी मे इन्वेस्ट सब करें
मंदी में करें न कोय
जो मंदी में इनवेस्ट करें
सदा मुनाफा होय।

CNBC सुन सुन के मुआ
पंडित भया ना कोय
सब्र और समझ से काम लें
वही खिलाड़ी होय।

बॉटम बॉटम सब कहे
बॉटम चुना न कोय
जब असल में बॉटम आये
रोकड़ा बचा न होय ।

💯🔥

अति सुन्दर 🙏
Very beautiful 🙏

Thanks for sharing.

लाजवाब

P/E is just a bullish or bearish perception of a company by the market participents.
This issue is cheap both on EV/Sales and EV/ Ebidta matrix.
Being a 'sole manufacturer' of certain products means they can dictate price without fearing the competition or hyped up RM costs. Also the prices once elevated might remain at that level even if the RM costs decline in the future.

Right! Before Independence, the Brits ruled and before them the Mughals. But we are concerned with the present. And presently there is none. Zilch.

@IPOBABY,
you can not assume a monopoly stock to go up allways and dictat as it wants.
Ex - IRCTC is monopoly stock.
What happenned to it, its almost 50% down now, no other company is there to compete with it, and yes % of tickets booking from the site is also increased as compared to counter.

Looking at Clean science results i am not optimist on IPO opening. However there are many days to go in between

Market didn't perceive it negatively.
QoQ was decent in challenging time.
Major margin hit was already happened in Q1'22.

Hello members,
Chemical industry is one of most complex and dynamic industry. It's not generalized like other industry. It can be broadly divided into bulk chemicals and speciality chemicals.

Bulk chemical: High volume low value chemical. This is volume based low margin business. Here companies don't get higher valuation from market.
Speciality chemical: Low volume and high value chemical. they may be used primarily as additives or to provide a specific attribute to the end product. Bulk chemicals are mostly raw material for speciality chemicals.
Speciality chemical caters to Pharma API, Agrochemicals& fertilizers, water treatment chemicals, paints& coatings, home& personal care, flavour & fragrance etc.

In this speciality chemical industry too every company needs to be understood individually because of complexity of chemical, chain of chemistry, manufacturing process and industry they cater. Backward integration and efficiency of production brings superior margin in this industry.
Note: Technocrat promoter is most important in speciality chemical Companies because they have to constantly upgrade and innovate their products and new products to preserve and gain market share.

Speciality chemical boom started in india post production restriction in China due to environmental issues in 2018. It was just kick start moment for indian speciality chemical but now there are many more reasons which make this industry for long term because of China+1 policy, import substitution (Navin fluorine became bigger due to this), cheap production in india in comparison to China(at least for Speciality chemical industry). This environmental issues will come to India also when environmental norms are tighten but only those companies will suffer which are not into green chemistry.

We always say that Clean science and technology is best company in speciality chemical industry and highest P/E company. Let me put some colours on it for this uniqueness and valuation:

Few core strength of CST:
1. Clean and green production process. most of current production processes are either zero liquid discharge or release only water as discharge.
2. Technocrat Promoters. Very well qualified(ICT alumnus) and experienced(25+ years experience) promoters in chemical industry. All promoters are into day to day management.
3. Very efficient manufacturing process developed by their R&D. For example their RM cost is 30% whereas their competitors have 50-60% RM cost with respect to topline. This gives them higher margin and inflation absorbing capacity. For example in three of their products they manufacture Camline Fine Science is their competitor and you can see EBITDA margin of both companies.

CST is into exponential growth (30%+ topline growth) and expansion mode. The company had undertaken 90 cr capex in FY'21, 144 cr in FY'22 and significant capex in planned in FY'23 and FY'24( much higher than previous capex) and all capex will happen through internal accruals.

Two things which provide best valuation in industry is growth and margin. Both are available in CST as well as in Aether.

Thank you 🙏

Clean science rocking today likely to UC today ........???

It won't hit UC but definitely a very good bounce. It deserves such rally.
Good sign for Aether listing.

@admin
buy back me cmnt karne ke liye login kyu mangte he ?? already site me log in he hum. is jara sudhariye...

Clean science declared Q4 result. As expected revenue growth is healthy (14% QoQ & but 53% YoY) but as I mentioned many times in my post and analysis of Aether that margin will be under pressure because of sharp rise of crude oil price and it happened same(Raw Material cost increased 12% QoQ and 149% YoY). EBITDA margin is 52.9%, 42.7% and 41.3% in Q4'21 , Q3'22 and Q4'22 respectively.

@tri.vis ji
Yes, clean's result is in line with expectations. The stock price has corrected 38% from peak due to fall in broader market(16% fall in midcap index) and EBITDA margin pressure in FY'22 (Q1:49.3%, Q2:45.3%, Q3:42.7%, Q4:41.3%) which seems like stabilizing in this range till high inflation period.
The company doesn't enter into long term contract either with Supplier or Customers and with customers prices are fixed bimonthly or quarterly. The rise in price of RMs are not directly passed to customers in direct proportion as they buy bulk chemical and supply speciality chemical. It takes some time to pass on inflation to the customer.
This inflation helps to grab market share for this company because production process is core strength of this company (for example this company needs 30% of sales as RM cost whereas their competitors need 50-60% of Revenue cost as Raw material and this is secret of best in industry margin) and this is due to unique production process and efficiency.
Due to this advantage sometimes company pass on less cost in comparison to competitors to grab market share and gain trust of customers.

The company business is not seasonal in nature so we should compare QoQ performance and in this challenging inflationary environment too company did decent growth QoQ in revenue as well as PAT increased.

Company has 140 crore capex in FY'22(highest ever) and it has massive capex plan in FY'23 and FY'24( all from internal accruals and no debt) and they are expanding their existing product portfolio as well as entering into new products in same segment (i.e Performance and Pharma chemical). Asset turnover of company is between 2.5 to 3 times and it takes around 3 years period to reach peak realisation/margin for new products.
Now it must be clear why market is giving such high valuation to Clean and willing to give to Aether too because these companies have huge capex plans going forward.
Market is always forward looking and it discounts forward event like there is famous quote that we don't drive by seeing in real mirror.

These are the reasons I am very Bullish on Clean as well as Aether for long term.

Thank you 🙏

Thank you for reply.
And as per facts presented by you, its wealth creator company so it should be hold in portfolio for long term.
(Just my purchase price is high @2175)
So worried but I think I should hold it.