ASK Automotive Limited IPO Message Board (Page 25)

Last ipo before Diwali so not subscribe much because all need cash on Diwali so chances of allotment will be more

Diwali ki wajah se jyada subscribe nhi hone wala GMP badha k 100 Rs bi kar denge to bi bahot subscribe nhi hoga

ASK Automotive promoters (Mr. Kuldip Singh Rathee; and Mrs. Vijay Rathee) acquired NBFC company - Som Datt Finance Corporation Limited in October 2019.
ASK Automotive promoters (Mr. Kuldip Singh Rathee; and Mrs. Vijay Rathee) SOLD NBFC company - Som Datt Finance Corporation Limited to Dr. Bhaskara Rao Bollineni & Co. (of KIMS Hospital) in June 2023.
Som Datt Finance Corporation Limited today's cmp @ 153.3 on BSE.

Good Info 👍

somdatt is nice buy at cmp , also how does this info affects this ipo currently? any connections with listing? does this make it better?

Back to back good ipo's are coming. All the fund has blocked.

Will i get ESAF fund back on 9th? Will be able to apply for ASK with ESAF’s fund?

Anchor⚓ 2

सुराना जी, आज क्या भाव है?

​@MITTAL 
JI
₹40/= ₹42/=

Anchor⚓ 1

Sebi Observation letter issued below IPOs last week end on 03-Nov-2023 :

1.MUKKA Proteins Ltd.
( 30 Oct )

This IPO is going to be one of the worst IPO'S
Ever.
Just go through this Company especially its promoters . You would absolutely feel the High Anger mode

PLATINUM INDUSTRIES is Set to get SEBI Nod Next week and can expect IPO coming in this or next month
It will be A Small sized IPO of Full Fresh issue of around 250 cr and Good premiums.

Also ,
1.Fedbank Financial to get SEBI nod in this Week or next week

Also a possibility that it may hit In maybe next 2 weeks

Fedbank Financial has Got SEBI Nod Today
Official Announcement on Next Tuesday

As Already Discussed
1.PLATINUM INDUSTRIES will get SEBI nod in maybe this week or next

2.ONEST Ltd. Will also get SEBI nod for a 100 cr IPO

3.BLS E-SERVICES to get SEBI nod on maybe Next Thursday - Friday

Hello @Admin @ Chittorgarh.com Kindly update the Ipo details. This issue is full ofs but on ipo details it is mentioned Fresh Issue 834 crores.
Thanks

What will happen to AWL shareholders if Adani exit from the JV? Will Wilmar continue its operations?

Nothing happen
operations normal

Upcoming new ipo newgen consultancy sir any idea?

Indiafirst Life Insurance
Innova Captab
Motisons Jewellers
RBZ Jewellers
Flair Writing Industries
Enviro infra engineers
Happy Forgings

Thank you sir

​@Jetha Lal @lokes @Eagleye @MRavichandran @Monster Zero @ValueSeeker @YBPK @Arjun Rajkot @KAPPO @Crow @DSR @Ou Ai  and all other esteemed members i couldnt mention , pls share your views in all the ongoing and upcoming ipos if possible , cg forum misses your views and thoughts , grace us , thank you!

Allottee friends, first of all, congratulations on the lucky allotment in auspicious festive time.

Don't be scared or tensed about the falling premium. I won't be surprised if this gives a Divgi type return if you are prepared to hold.

Disclosure: 0/4 BHNI allotment, and I'll be a buyer below 10% premium.

LOL @Manan Surana bhai.
Been there, done that. Nostalgia. Bitter-sweet memories. :-)

GMP : 38-40

​@newgen consultancy 
Brilliant start for the day
Thnx for latest GMP update
Chances of allotment also better
Funds will also available from ESAF

Tight on pricing but otherwise seems like a great quality company which is immune to powertrain technology and can deliver a great outcome if management continues to execute well over the next few years.

Keep minting!

Real Estate Firm Casagrande to soon File DRHP for Around 750 cr Issue

As everyone knows I was on a bit on negative side on this IPO due to Very expensive VALUATIONS But I have changed my mind.

I had went through this Company in a very Depth and Arrived at a conclusion that This company has very Healthy Growth Prospects in coming Future even in coming quarters.

The Company is placed in a very Sweet Spot
And has strong distributing units , More than 15yrs of long-term relationships with Marquee Clients across the Globe of Top Nodge Automobile Makers and EV makers .

Now Coming on Valuations ,
This explanation doesn't discount any Valuation , They are still expensive

But seeing it's Growth in This Year itself
Based on Various Approximations
FY 24 PAT is Coming at around 185 cr

So PE on FY24 Forward Earnings : 30.83

So seeing this and comparing with its Peers
A scope of Listing gains of around 18-22% clearly visible

And around 30% in medium term

You can compare this IPO with Jupiter LifeLine Hospitals
I am expecting A very Strong Anchor Book and also a good listing
Maybe A bit less than Jupiter but surely more in medium term
I compared It with Jupiter based on the reality of valuations and Type of Mindset while seeing both the IPO'S
High Valuations but Justifiable

So For Sure Listing gains
Protean is better but I am opting ASK AUTOMOTIVE above Protean

I will be applying all 3 IPO'S for sure but Highest priority would be ESAF , ASK , Protean respectively

Yeah , Absolutely Better than ESAF and Protean

I know many would not agree but I believe
ASK will be like Cello and Jupiter hospital IPO
Premiums coming post allotment

ASK is also a very good brand and an old reputed company which is keen on Strong Growth Prospects

​@newgen consultancy all good things come at a premium due to their growth. see for ex RR Kabel, Global Health, Kaynes, Jupiter Hosp, Cello ... etc. Moving from expensive to super expensive and still giving good returns.

Anchor list looks good, company has well known clients, is this a multibagger? I am applying full force, if not alloted, will buy pre open. Experts please analyse this.

Anyone using RBL for ipo application?
How is the experience?
Does it allow to use linked fd amount for ipo application (just like icici, )?

Not sure about whether you can use FD to apply but normally I have been using their services and its good. Mobile banking app is good too. They also allow upto 3 PM.

Anchors
1

I think it's better than cello ancor list

3P India equity fund in anchor list
This is prasant jain fund

Aaj management ka interview suna to company achhi lagi aur ab anchor me Prasant jain sir ka fund ka naam dekh ke aur confidence aa gaya.
This is definitely portfolio stock.

Anchor list dekh ke Dil khush ho gaya ll

🎇 dhamakedar anchor list ll

GMP fallen to 38

GMP is awaiting Anchor portion subscription result. Good Anchor subscription may boost GMP.