FREE Account Opening + No Clearing Fees
Loading...

Avalon Technologies Limited IPO Message Board (Page 9)

Loading...
136. Justalearner |   Link |  Bookmark | April 6, 2023 4:26:10 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Applied 7 lots retail. Yes its risky but ready for it.
135. Sanchit Jain |   Link |  Bookmark | April 6, 2023 2:49:04 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Thinking of applying 1 sHNI..
135.1. Sanchit Jain |   Link |  Bookmark | April 6, 2023 4:07:32 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Applied 2 more retail applications.
134. Anshujii |   Link |  Bookmark | April 6, 2023 4:05:49 PM (500+ Posts)
Took risk and applied 2 shni and 2 full retail.. previously took risk in patanjali, medanta ,bikaji and was rewarded handsomely..let's hope for this one also..checked the anchor list ..good..no pressure of selling on listing as retail is 10% only..GOD is Great
133. Invest with Abhishek |   Link |  Bookmark | April 6, 2023 3:53:13 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Congratulations Retailers & HNIs. Indeed allotment 💪
132. IPO Gyaaan |   Link |  Bookmark | April 6, 2023 3:49:57 PM (200+ Posts)
Applied 8 lots in retail. Full allotment expected.
131. Abhijeet Kumar |   Link |  Bookmark | April 6, 2023 10:37:50 AM
Instead of applying in this poor quality IPO, I would suggest to invest in ELIN Electronics which is trading at nearly half the price of IPO. Big MFs are accumlating ELIN in declines so that has potential to double in next 1 year
131.11. Seth |   Link |  Bookmark | April 6, 2023 3:42:50 PM
@Abhijeet Kumar Agree with you , I will also buy more
131.12. Gaurav DD dimer |   Link |  Bookmark | April 8, 2023 10:28:52 AM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
Elin Has 103 cr borrowing (March 22)
Inventory level 120 cr (March 22)
Operating profit margin 7%

So in short they keeping funds from borrowing in inventory to earn 7%, while paying more than 7% in interest payments.

They should keep low inventory and minimise interest payment by repaying loans.

hogher inventory is not justified on the cost of interest payments here due to low margin as compare to interest amount.
130. hunt |   Link |  Bookmark | April 6, 2023 3:38:52 PM
applied 1 shni application lets see what happened
129. IPO KING MAKER |   Link |  Bookmark | April 6, 2023 3:37:10 PM
Going to apply in RNI Category
128. UdanKhatola🛸 |   Link |  Bookmark | April 6, 2023 3:36:27 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Skipped this one completely, all the best to those who applied.

Happy Investing 👍😀
127. gala |   Link |  Bookmark | April 6, 2023 3:22:05 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Selling pressure won't be there as no hni no retail bt demand too very weak hence flat listing possible
126. NITIN J AGARWAL |   Link |  Bookmark | April 6, 2023 3:04:42 PM
what is QIB CUT OFF TIMINGS TO APPLY IN IPO ON LAST DAY?
125. Rafid |   Link |  Bookmark | April 6, 2023 1:46:20 PM (300+ Posts)
If i apply at lower price in retail will i be allotted ?
125.1. Tejas Pandya |   Link |  Bookmark | April 6, 2023 2:38:28 PM
IPO Guru IPO Guru (2700+ Posts, 2200+ Likes)
NO
125.2. ValueSeeker |   Link |  Bookmark | April 6, 2023 2:47:22 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
It can theoretically happen only in the rare event when the issue goes undersubscribed 1 time at the upper band.
Meaning, not posible now practically.
124. Mr. Singh |   Link |  Bookmark | April 6, 2023 2:46:04 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Discount listing may not be there as most shares will go to QIB and company also good. But listing gain also may not be much.
May be good to hold for medium term.
123. KAPPO |   Link |  Bookmark | April 6, 2023 1:21:16 PM
IPO Guru IPO Guru (1100+ Posts, 800+ Likes)
Bhni fix 4242
123.4. Gaurav DD dimer |   Link |  Bookmark | April 6, 2023 2:35:37 PM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
@KAPPO 

Retail 10% (not fully subscribed
HNI 15% (Not even half subscribed)

Saara maal qib ke pass jayega..
kya lag rha.. game ho sakti hai?
123.5. KAPPO |   Link |  Bookmark | April 6, 2023 2:42:31 PM
IPO Guru IPO Guru (1100+ Posts, 800+ Likes)
@arvind
Bhai already setting with QIB
Is liye iska premium nahi chal raha hai
Aur ye QIB 5 time plus ja shakta hai
122. IPO KING MAKER |   Link |  Bookmark | April 6, 2023 2:42:20 PM
Mujhe lag raha hai positive hi list hoga ye....
121. Nothing New |   Link |  Bookmark | April 6, 2023 12:56:13 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
What rating has been assigned by Capital Markets to this IPO? Is the review available?
121.2. SANJEEV SOOD |   Link |  Bookmark | April 6, 2023 2:06:45 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Capital market gave similar rating to UNIPARTS, I rarely saw green with that, coincidentally there are many similarities in both the IPOs.

Uni was decently oversubscribed hence was brighter candidate for a positive listing. Avalon misses that luxury.
There are quite afee Similar case was Aditya BIRLA capital.

Retail Hni beware, Since Avalon is a majority OFS. It can retain whatever subscription it gets, no obligation of 90% subscription.
121.3. Param Patel |   Link |  Bookmark | April 6, 2023 2:13:13 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
@SANJEEV SOOD Uni & ABC both given 50 rating which means "may subscribe" and this one got 51 rating which means "must subscribe" last IPO which got must subscribe rating from capital market is Archean chemicals (52 rating)
Note: Not recommending anything only for educational purpose take your decision according to your risk capacity
120. Abhijeet Kumar |   Link |  Bookmark | April 6, 2023 1:40:59 PM
I missed Tamilnad Mechantile Bank that is also trading below Book value and steep discout to ipo price and can be good buy. Promoters are accumulating from market at current price
119. Abhijeet Kumar |   Link |  Bookmark | April 6, 2023 1:39:12 PM
Some other companies (apart from ELIN) which are trading at attractive level comapred to IPO price are : ABSL AMC, Indigo Paints, Heranba, Gland Pharma,. You may study them and decide instead of putting your money in this overvalued ipo
118. Earthking |   Link |  Bookmark | April 6, 2023 1:37:34 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Applied here... Good quantity... Got good profit in other recent IPOs... So taking risk here
117. Thiagarajan Ramasamy |   Link |  Bookmark | April 6, 2023 1:36:21 PM
Top Contributor Top Contributor (700+ Posts, 200+ Likes)
It appears as of now, QIB and Retail may fully subscribe and NII may remain undersubscribed.