Agni Green Power Limited IPO Message Board (Page 11)

I had recommended people to shun RIL @ 2400-2500 levels and purchase PC Jewellers instead @ 24-25 levels, though its not an apple to apple comparison, but to make quick buck which anyone should like. Now, see where PCJ has gone. Its unstoppable, even though the compnay is in losses. Do not know, till when it will run.
@Jetha Lal, Any information on this magic move.

@IPObull, you are really a gifted person, and caught the sharemarket bull by it's horns. Great. May God bless you.

@Trueinfo & Jetha Lal ji
Thanks for your good words. But since PCJ is a loss-making company and the present move seems to be a operator play, common sense says one should not enter at these lofty levels as circuit downs too may start anytime.

The shareholders of Nupur recycler may be very happy as this company have rewarded it's shareholder very nicely. Still this company is doing well and gave the bonus shares too. I wanted to confirm the market lot for trading it.

550 shares per lot. I am still holding 1 lot alloted from IPO.

1st day subscription figure looks attractive here.

Dear jetha lal ji,
Please suggest on Hariom pipe and venus pipe.
Your suggestions is very helpful for taking decision
🙏
Thanks

why is market in bullish mood, does fii come back? multiple stock had gained 10% in 1 day

19/07/22

FII BUY NET RUPEES 976.40 CR OF INDIA SHARES TODAY || DII SELL NET RUPEES 100.73 CR

@NSEIndia

oh thanks man appreciated @abhii VPG

Breakout in following shares
Aether
Paradeep
Mirza international

Aether
Breakout or break down?

@it seem aether taking correction today it was in breakout zone from 3-4 days

@ jethalal ji ye agni green ipo ke lie appka kya analysis hai. If possible please share with us

@Wishal Ji
Usually I don't apply in SME IPOs because there is nothing much to analyse fundamentally about sector, company, financial and promoters. The information in RHP aren't sufficient for me.
I feel they are more speculative and speculation is not my forte.

Thank you 🙏

Okay.. sir thank you🙏

@ Jethalal Sir,

your view on paradeep Phosphate?

Aether made new high today.. Thanks to Jethalal for his analysis on this stock. Seeing today's move, it will easily cross one thousand. I couldn't get allotment in clean science now i am happy that i applied in Aether when market was going through turbulence.

@ jetha lal.. thank you for aether ke lie appke article padhne ke baad 4 me se 2 lot abhi tak hold kerke rakhe hai.

Clean currently trading around 1700.. if any correction comes again and it comes near 1500, i will enter.

May turn out to be high risk, high gain. Listing can be both ways. PE very high. Meant only for high risk takers.

One stock which looks interesting is MTAR Technologies.
It is into precision engineering components having experience of 40+ years. It has very rich experience in its field and no direct competition in india. It caters to Clean energy, Nuclear, Space & Defence.
✓Clean Energy: Bloom Energy (biggest client of company having 9+ years relation), ANDRitz hydro.
✓Nuclear: NPCIL, DAE, BARC etc (All are Indian government organisation)
✓Defence : HAL ,BDL, DRDO, Rafael (Israel), Elbit system etc
✓ Space : ISRO, LPSE etc

Financial:
MTAR order book:
FY 21 : 421 cr
FY22 : 648 cr
FY'23 : 1000 cr(Expected)
Revenue:
FY 21 :246 cr
FY22 : 322 cr
FY23 : 500 cr(Expected)
EBITDA margin: ~30%(very healthy).
P/E Ratio: 62 times (FY22)
45 times (FY 23E)

The stock was under pressure due to broader market correction in mid & small cap stocks and it was trading at premium valuation. Pre IPO venture capital investor Fabmohur & Solidus (Mathew Cyriac fund) have taken complete exit (~10% stake) and recently Promoter too offloaded ~2.5% stake so there were a lot of supply pressure in this stock. DIIs has increased stake to 27% in this company. Mukul Aggarwal has also maintained 1.14% stake.

The business fundamental still remain intact and it is growing really well. It is expanding in Hydrogen boxes and electrolyzers(Indian government has very aggressive plans and support for green hydrogen). The management has give 50-55% growth guidance for FY23 and the way company accomplished FY22 target and orders it is receiving, this target will be accomplished.

Disclaimer: I hold this stock since IPO and willing to add more below 1200. I don't see it going below 1000 in worst case. Pretty bullish on this company and sector.
No buy/sell recommendation. It was just for study purpose.

Thank you 🙏

@ Avenue .Sahi bole.Sir ji naam leke ek baar last try kar lete hai .

@IProfitO ji
With fundamental of stock we need to see valuation too.
It's very important at which price you buy the stock. One may be in profit and another may be in loss in the same stock depending upon at which price they both bought.

It was at high valuation at those prices and then bloodbath happened in mid & small cap and growth stocks.

Massive stock supply pressure came at 1700-1800 because PE fund(Fabmohur) which invested Pre-Ipo sold ~10% stake(Complete exit)of the company. Last month Promoters offloaded ~2.75% stake at Rs 1250.
MD has assured that there won't be further supply by Promoters and PE fund has exited so there won't be bulk supply of stock. MFs and Insurance companies are showing good interest in the company and they have mostly absorbed these supply.

Fundamental of the business remain intact and it is growing really well. The valuation is moderate and decent now considering growth momentum of this company.
One should study this company because business and products are interesting and futuristic. May accumulate gradually around 1200 for medium to long term horizon.

Thank you 🙏

JSLL - Jeena Sikho Lifecare Limited has informed the Exchange about Board Meeting to be held on 25-Jul-2022 to consider financial statements.

I think some of the members are still holding it. Looks like a good result is expecting as it is trading with good momentum.

This Company was incorporated in 1995. Their Share Capital as on October 2004 was a mere 0.288 cr. 99% of the pre issue equity of 14.29 cr. comprises of Bonus Shares. The Issue is at par against post issue NAV of 16.24. But the numbers for the 10 months ended 31/01/22 are very low and highly disappointing.

Blockbuster return in 5 months time to those who are still holding Maruti Interior Shares. Current Price is Rs. 106.95 (20% Upper Circuit). This is called magic of Holding.

I too had maruti interior and sold it before it went down same I did with Le Merite.
Though it seems now it was too early to sell it especially Mi.
It's sensible to hold good SMEs till few quarter to take a call of hold or sell. No one knows which one could turn out to be a multibagger stock.

@Happy-go-lucky
Blockbuster return as you are saying now. When a ball is played it is easy to comment. In Maruti Interior, there is a comment: it will go below issue price. After 5 months holding a share and getting double it is good, but also give the example of holding which is very less than issue price. Sometimes people are lucky holding only one share and appreciates so high. I am holding one share from 2008 at 38.00 and now it is at 2700. Holding another at 400.00 and now is at only 20.00. Take the example os LTI. This the beauty of share market where nobody is king and all are king. Man proposes God disposes.

Company is below average, rating is 3.3 and avoid call by most people....
Prefect recipe for a highly positive opening😅😅....

@ K.Atar , On which forum ?

@svh
Bro, since you asked, here it is..
Other forum is not to be discussed here admin will block me.

Financial performance seems to be very erratic?

@ K. Atar, only positive I can see is sector. Otherwise seeing the financials, it was probably 'Avoid'

Only in rare SMEs the financials are good, otherwise almost all have so so financials. That's why we have avoided a lot of SMEs and they ended up giving gains to investors. 😀

Why Dilip sir’s review is not there?

Will probably come by Monday.

Precision Metaliks Limited Sme
Stock me kyu koi movement
Nahi aarahihai fanamentel kaise hay ?
Jara bataeye

@Lokes @Narool @GJ @Amit Jaipur : Why there is no mainboard IPO from last 50 days? Last mainboard IPO was Aether (26th May)

Because no company wants to come with there ipo in bear market... They wouldn't get a gud valuation in negative times.

I think SEBI had given three month time to Bank etc. for modifying application acceptance process which includes blocking of funds for application being accepted and some UPI mandate next day acceptance issues... We may have mainboard IPO only after changes are incorporated..
Don't forget SHNI/BHNI category wise subscription was still not available...

Why all the recent IPO's are coming up with the larger quantities per lot? I guess from the month of June, I haven't seen any IPO with a smaller amount of less than 20K per lot.

From last 50 days only SME IPO on board and no mainboard IPO in market. Last mainboard IPO was Aether, which was closed on 26th May.
Mainboard IPO application is always less than 15K for minimum application and
SME IPO always have bigger lot and application amount always more than 1L for minimum application.

Mainboard IPO single lot price range 10K-15K. SME IPO single lot price range 1L-1.5L.

Yeh Agni ko Adani read kiya mene🙂

Same Maine bhi.
Adani Samajh ke Me Apply karne wala tha but ab sab dekhna padega. 😃

Mere ko bhi yahi laga.. @Iponahimilraha aur mere ko ek IPO mil chuka hai :D