Baba Food Processing India Limited IPO Message Board (Page 1)

@noorul @logjikumar @g profit sir will this scrip touch below rs.50 level??? Plz guide

more down to 65 rs .....

​@newgen consultancy Sir your views on Baba foods please. It was my first sme. Hold or sell?

Hold tight.100 in a month

UC today..added one lot yesterday!!
It had good QIB response although was small size, but am expecting good little move in near future.

लिस्टिंग के हिसाब से 50 तक आ सकता है।

Nhi aaega 50/- big UC today

On the listing day over 10 lacs volume traded and again today 10 lacs volume traded with 100% delivery and upper circuit. There are purchasing some big players like Blue sky infra.who purchased 2.96 lacs share at 76.Good subscription and reasonable grey market it's fair value shall be around 100. Today weak hands and fearful persons might be exited. Hold it for 15 day. You will be seeing good appreciation from now.

May it open tmrw or day after
Will be reasonably valued by Monday

again back to LC

100 in short time

अच्छा हुआ अलॉटमेंट नहीं हुआ वरना बाबा 10000 का चूना लगा जाता।

4 retail applications
but no allotment
2, 3 Lower aur lagay tho baba ji ko pakda jai

Bought 2 lots at LC .the sector although has many competitors has good prospects.this will perform good in few months.

As told .this will perform good in medium term..food sector is viable irrespective of no of competeteors...hold tight for good rewards

I avoided this Issue as it appeared overpriced . Also a mere 2% QIB quota was a trap . QIB subscribed 147 times and the amount was a mere 1.18 cr rupees. GMP also managed by operators. Should be more careful in choosing SME IPOs.

Very much true. Me too avoided

A week before GMP - 40% but today listed at ipo price and now LC. Clear example of jacked up GMP

Why only 5% circuit

Baba ji ko liya jai ipo kay nechay

98 pe open hote hote 76 pe chale gya 😹

SUPER CHANCE : BUY AROUND 80~85
Will easily cross 100+ in 1~2 month.

Now buy at 76

👏

Few second back it was 98, now 76, unbelievable

Very odd to see a 33 cr book built issue with no Anchor allocation. Low QIB is another red flag. However, post IPO the balance sheet will look very strong and such food businesses are low on margin but high on turns/RoE, typically and if promoters execute well, it can be a money spinner. All the best to the bravehearts who applied in this one - I'll be watching from the sidelines.

Keep minting!

दुनिया तुम्हें उस वक्त तक नहीं हरा सकती जब तक तुम खुद से ना हार जाओ.

Best of luck to allottees.

Hold the shares tight and show the power.

Biggest Drawback.... Retailers have 65.5 % of total shares.....IMO .. price movement may not sustain on higher side.

I haven't applied but this is just opinion.

Other IPO Guru's, Kindly suggest what should be the strategy for tomorrow listing day.