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Azad Engineering Limited IPO Message Board (Page 22)

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68. sbipo |   Link |  Bookmark | December 22, 2023 10:11:45 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Second INOX type listing candidate,would list around 26-30% whatever gmp prevails
68.3. RAT |   Link |  Bookmark | December 22, 2023 11:18:47 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@sbipo Inox type listing n hogaa ye v sbko pta h...
68.4. sbipo |   Link |  Bookmark | December 22, 2023 11:36:43 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Dekhte hai phir
67. newgen consultancy |   Link |  Bookmark | December 22, 2023 9:19:55 AM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
India's Leading Co-Working Solutions Provider

AWFIS Space Solutions Limited Files DRHP with SEBI

Issue Size :
Fresh - 160 cr
OFS - 10,023,172 Shares

Company May Consider Pre-IPO Placement of 32 cr .

FV : Rs.10 /-
Retail : 10%
Employee Quota : Yes

Financials FY 23 :
Revenue - 565.8 cr
Loss - 46.6 cr

Q1 24 ( June Quarter )
Revenue - 192.7 cr Loss - 8.3 cr

LM :
1.ICICI Securities
2.Emkay Global
3.Axis Capital
4.IIFL Securitues

Registrar : Bigshare
67.5. DarshanG |   Link |  Bookmark | December 22, 2023 11:32:18 AM
@newgen consultancy Thank you sir for quick and greatfull response
67.6. MuStrFc |   Link |  Bookmark | December 24, 2023 8:01:04 AM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
@Sleeping lion @DarshanG You can expect first target for IRM Energy of around 650 and then 780-800 going ahead.
66. GNP |   Link |  Bookmark | December 22, 2023 11:05:12 AM
@newgen consultancy 
Sir mene aaj hi IRM ENERGY sell kiya hai ipo price pe. mene aap ka message sell karne ke baad dekha.
Can I make fresh entry at which level?
66.1. newgen consultancy |   Link |  Bookmark | December 22, 2023 11:29:17 AM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
Anything below 500 is an good entry level
65. rampal ipo wala |   Link |  Bookmark | December 22, 2023 11:07:38 AM
mutual funds best if u wanna buy and forget
65.1. Sleeping lion |   Link |  Bookmark | December 22, 2023 11:25:42 AM
Sir, I think you replied to my earlier post which now I have reposted with some additional details.

I have been already doing SIPs in MFs and I also want to diversify my investments. Hence, if possible I don't want to do additional lump sum investments in MFs.
64. ruralurban |   Link |  Bookmark | December 22, 2023 6:05:21 AM
As per my opinion there is some amount of hype created in this IPO and INOX IPO. I think that is the reason INOX ipo opened lower than expected. This kind of companies make parts which are very niche but they cannot control the pricing power. This IPO is coming at higher valuation and management has told that growth in coming years will be 18 to 20%. So I suppose buying will not come that double price of IPO.
64.1. IPOTraders |   Link |  Bookmark | December 22, 2023 9:57:41 AM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
The companies with unique products and services are always look like this.
Everyone wants to be a part of these type of companies. That's why demand always increases, so they are hyped and expectations are so high. And sometimes they may not perform upto the expectations.
Every thing has a price, above that it will not sustain for long term
64.2. IPOTraders |   Link |  Bookmark | December 22, 2023 10:04:21 AM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
One example:
You like a pen 🖊️ of ₹25, that's look good, writes flawless, you are fond of it.
But if someone tries to sell the same your favourite pen 🖊️ at ₹50.
You will not purchase it, because you know it's fair value.
63. DarshanG |   Link |  Bookmark | December 22, 2023 10:04:10 AM
Off topic
Sir please review irm energy hold or sell
Today 1st time above ipo price
Holding 2 retail
62. Liger |   Link |  Bookmark | December 22, 2023 9:39:21 AM
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
-----OFF TOPIC-----
Zerodha co-founder and CEO Nithin Kamath has been appointed as a member of the National Startup Advisory Council designed by the Centre.
Expressing enthusiasm for the role, Kamath stresses unlocking domestic capital for startups. “India needs to unlock domestic capital for startups/MSMEs,”. “Reduce dependence on foreign capital and get Indians to back Indian startups.”
61. COMMON MEN WAITING FOR ALLOTMENT |   Link |  Bookmark | December 22, 2023 8:58:25 AM
Aab yeah last he bhagvan de de ga then next direct sme me halla bol...
60. whiteFox |   Link |  Bookmark | December 22, 2023 8:37:14 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Meanwhile Concord biotech hits all time high 1458......
59. IpoZINDAHAI |   Link |  Bookmark | December 22, 2023 7:58:04 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
10 BHNI 20 Retail here

Funds nai hai full BHNI ke liye. 😅😅
58. moneymarket |   Link |  Bookmark | December 22, 2023 4:29:54 AM
ALL
****OFF Topic******
Bank Account:
Does anyone get OTP by email?
Can you PLEASE suggest any Bank that sends OTP by Email as well?

Thanks much in advance
58.16. Ravi shankar pathak |   Link |  Bookmark | December 22, 2023 3:13:29 PM
union bank of india
58.17. moneymarket |   Link |  Bookmark | December 23, 2023 3:18:59 AM
Thank you every one for responses.
I am using SBI, Axis, Indian Bank, Federal Bank. All these banks do NOT send Fund Transfer OTPs by email. They only send by SMS.

I was told by all these Bank that email OTP will NOT be sent for Savings account.

Thank you so much again!!
57. Manan Surana |   Link |  Bookmark | December 21, 2023 8:45:28 AM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
dear members and fundamental pickers of this forum, is this premium justified at all?? just cuz a global phenomenon, this much high valuations?? ik its a bull frenzy ipo market times so it will sail through, but 80 percent?? i expect it to be around 54 percent on listing and stay sideways that day in terms of net buy and sell, regulars and other members of this forum may share their respective views ...

@ValueSeeker @Crow @newgen consultancy @B.M.SURANA @Eagleye @Jetha Lal @Aniketiaf @Gaurav DD dimer @MRavichandran and others...
57.14. tappukepapa |   Link |  Bookmark | December 22, 2023 5:00:18 PM
57.15. tappukepapa |   Link |  Bookmark | December 22, 2023 5:02:14 PM
@Jetha Lal Welcome back OG. I'm still holding my INOX retail lot.
56. Hiddengemsfinder |   Link |  Bookmark | December 22, 2023 1:04:33 AM
Is there anyway to check if your application gets rejected for some reason?
56.1. UjwalG |   Link |  Bookmark | December 22, 2023 8:20:23 AM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
When kfintech is registrar they mention the reason why application was rejected in mail, examples, unsuccessful due to over sub, rejected on technical grounds etc etc
55. newgen consultancy |   Link |  Bookmark | December 21, 2023 11:06:30 PM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
FINAL VERDICT

APPLY For Good-Big Listing Gains And Long-term

Why 80 Multiple :
It has 3 Existing Manufacturing Facilities
It's adding 2 more
1 is exclusively for 1 client Mitsubishi which is World's biggest Off Highway Commercial Vehicles ( OHCV ) , Which should generate a Annual Revenue of 150 cr growing at 30% CAGR Each Year

It's Total Facility till date is 20k Sq.Mt
And 2nd Facility is going to be 1.7lk Sq.mt
Which is 8× Of Current Facility Whose Making is Already Started and Ready to Commence Partially in H2 Next Year

So This company can grow at a CAGR Of 50%+ from 2024-2027 and 40% next year

Considering All This , The Issue looks a Good Opportunity for Buying this Ace Investment

I would not be Surprised if QIBs cross 250× in this , If does not crosses , Then you can see its next quarter's Shareholding Pattern
And get your satisfaction

Considering FY 25 Earnings
Revenue - 550 cr
PAT - 130 cr

Anyone would comment how the margins have increased from 17% to 22% , Answer is Simple , 30-40 Annual Saving of Interest Cost and Operational Efficiency

So Fair M.cap At A PE of 60 comes at
7800 cr

Fair Value on 1.5yr Forward Earnings :
1320

So I am Going FF , And Going to Hold for 5 Yrs from Here to get a Target of atleast 3k in 5 yrs , It's My Call , No Recommendation
The last time I had such confidence was
MTAR , Kaynes , Mankind , Dreamfolks , Tega Industries

Dreamfolks Didn't performed well and Partially IRM Energy ( Still Bullish There )

So Don't Hesitate , Apply FULL-FORCE
55.6. dtrader |   Link |  Bookmark | December 24, 2023 7:08:19 PM (200+ Posts)
@newgen consultancy  Thank you so much for the final verdict sir 🙏 😊
55.7. Ayan Roxx |   Link |  Bookmark | December 24, 2023 9:24:40 PM
2 lots credo
1 lots in happy

What's the strategy....I'm an long term investor also. I can hold on also. My mom will can give me more ipo money.

I applied in 10 accounts. I have an overdraft which I use to brower cash for 10% interest.....I only paid 500 for all IPOs till now as I applied in 10 accounts. I know this method is not good. I also get cash for no interest from friend.

Tata technologies I sold both for 42k....zerodha account was dormat, so it took me 48 hours to sort it out as it was friends. Planning to pick some more when market collapse.

Started full investment, now I have 2 lakh including LIC which my father want's to keep.
54. newgen consultancy |   Link |  Bookmark | December 21, 2023 10:54:34 PM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
Valuation Rationale :

H1 FY 24 PAT : 26.9 cr

Expected Earnings :
Revenue - 370 cr
PAT - 58 cr

This Company is repaying the Debt of
138.2 cr , So it's Finance Cost will get directly added in its Bottomline Before Tax
So 138 cr × 12% P.a / 2 ( 6 months already paid and only 12% taken it should be 13.5 in reality but some small one time costs occur during repayment so taken a lower Figure )

So It comes at 8.3 cr and a tax on it
So effectively around 7 cr is getting saved
So PAT For FY 24 Comes at 65 cr Approx.

I know there would be many aspects here but we have taken all Ideal Assumptions

So Giving it a 80 Multiple , Why 80 that will be explained in Final Verdict post , Go Through That ,

So Fair M.cap : 5200 cr
Fair Value Per Share : 880
Expected Listing Gains 50%
So Share Price Post-issue 785

So still Reasonable Scope Left for Post Listing Gains
54.1. newgen consultancy |   Link |  Bookmark | December 22, 2023 11:56:48 AM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
.
53. Aman Soni |   Link |  Bookmark | December 21, 2023 9:41:49 PM
Expected bhni 100x
53.2. Jay revapuri dada |   Link |  Bookmark | December 22, 2023 11:30:07 AM
Not possible
53.3. PKRAJ |   Link |  Bookmark | December 22, 2023 11:39:59 AM
There should be no problem of funds. Axis Bank has already unlocked the funds of none allotees of Suraj and Motison.
No allotment in both.
Muthoot not applied. No need to worry. Market is full of funds.
Enjoy three holidays with family and friends.
Good luck to all.
52. Piyush. |   Link |  Bookmark | December 21, 2023 9:27:51 PM
anyones know how to apply minor pan card bina adhaar k bgi kr sakte h kya ?
51. KFINTECH CHOR |   Link |  Bookmark | December 21, 2023 7:57:51 PM
Leading Market Marker , Stock Broker And Underwriter in Capital Markets
And Material
Subsidiary Of Listed Company Gretex Corporate Services

GRETEX Share Broking Limited Files DRHP with SEBI

Issue Size : 19,877,915 Shares(Around 300cr)
Fresh - 1,67,81,915 Shares
OFS - 30,96,000 Shares

* Company can Consider Pre-IPO Placement of 33,12,985 Shares

FV : Rs.10/-
Retail : 35%

Financials FY 23 :
Revenue - 106.5 cr
PAT - 62.3 crEPS - Rs.9.45

Q1 FY24 ( JuneQuarter )
Revenue - 21.6 cr
PAT - 6.12 cr

LM : Pantomath Capital
Registrar : Bigshare
51.1. Mr.Nc |   Link |  Bookmark | December 21, 2023 9:21:59 PM
Kfin chor hai. Lagta hai ye message bhi chori ho gya ?
Same2Same innova wale page pr.
50. PKRAJ |   Link |  Bookmark | December 21, 2023 1:25:32 PM
Looking into yesterday's fall in Share Market, GMP of IPOs have come down drastically. Today market improved to sum extent. Today's closing and tomorrow's opening is very important.
As far as GMP of IPOs is concerned, it is very difficult to belive its genuine standards. A fall of 930 pts. in sensex and drastic fall in GMP. All favorites fallen to its real standards.
TAARE ZAMI PE.
Today's listing of very favorite is one of the example. I remember one listing of Ideaforge. Long term views by market experts. Not in good position.
In Share Market not to blame any one. It's just views and prediction only. You might have seen the past figures of GMP in this forum, at that time all correct and today it is different. Today is today and we can't blame anyone for days gone. Decide on the basis of fundamentals, promoters and Financials and our own belief.
Always enjoy learning and earning.
50.1. Parshvi |   Link |  Bookmark | December 21, 2023 7:42:50 PM
Where do we get to know GMP Rates and Kostak Rates ? and How to Deal in That
50.2. Vimal Garodia |   Link |  Bookmark | December 22, 2023 8:14:19 AM
IPO Guru IPO Guru (2200+ Posts, 2100+ Likes)
@Parshvi Check out this link..

https://www.investorgain.com/report/live-ipo-gmp/331/all/

I do not know how to deal in GMP but you can ask your broker they might help you..

Just for information...
49. JEN |   Link |  Bookmark | December 21, 2023 7:06:36 PM
Koi Azad ki anchor investors ki list dijiye pls.
Upar se download ho ta he magar padh nahi sakate he.
49.1. Ankit agarwals |   Link |  Bookmark | December 21, 2023 7:29:59 PM (300+ Posts)
Sir ap down load par click ni krke
Company intimation letter pdf per click kro list open oh jayegi....