Barbeque Nation Hospitality Limited IPO Message Board (Page 11)

My list of IPOs avoided in 2021/2020

- BBQ
- Sarvoday
- Kalyan
- Craftsman
- Anupam
- Nureca
- Brookfield
- Stove Kraft
- Home First
- Antony Waste
- Gland Pharma
- Likhitha Infra
- Angel Broking
- Mindspace
- Yes Bank

Home First gave decent listing gain , agree with the rest .

Avoided all the same except Gland Pharma and Anupam :))

BBQ will go down like Anupam and Craftsman. Be wise don''t apply.

BBQ is another junk its over priced and GMP is manipulated to rigg subscription if we look at listed good quality peers with consistent profitability is available at good valuation better avoid this IPO. In my view "Max Venture" cmp 57/- holds 22% in Azure better option than BBQ. Fair value of BBQ is 150/- and its expected post IPO huge selling from existing investors possible

Question at broker and analyst meet-
Reason behind steep price band when the company did a private placement in January at Rs 252/share and also that the financials are very weak- negative networth, PAT and low sales.
Answer
The liquidity of the company was tight since we had losses in the first 6 months last year. We discussed with our merchant bankers and investors given the current situation and hence the lower price band. Raised capital for survival, that was necessary that time.

Do you get inspired by this limited answer?

Though their arguement seems to be right but I believe their liquidity has still not improved much. Doubling the price in 2 months is not justified/fair for new investors. As it is retail investors are the least powerful and suffer the most in any downturn, the promoters should have left more on the table for investors in their IPO.

IPO requires serious evaluation by each applicant as their is a good chance that our investment will be stuck in the company for longer period.

Suno sabki par karo sirf apne man ki.

retailers not learning lessons

@Prashant Pendekar - Burger King came with reasonable valuation and that is why still it is traded almost twice the IPO price. Where as BBQ has come with very high valuation. if they have come with price around 300, the demand will be at much higher and will be beneficial to everyone. Currently it will be benefited to promoters only.

PSR
what was your first Trade and in which Year??

@ admin

Why my posted messages are not visible.

Please see.

Visible but very late.
I too faced such problem today on Anupam IPO page.

Barbeque Nation Hospitality Ltd IPO
Retail already 4.5X

Less than 1 lakh applications

I see today Good Subscription status from Retail sector for Barbeque Nation IPO. If some one [or] More people withdrawn the subscription tomorrow. Subscription Percentage shown will be same or will get decreased ?

Withdrwals does not get reported is a fact. Number of applications and number of rejections is part of new scene.
In IRFC the gap in considered for lottery and application number had atleast gap of 10 percent

LATEST GMP OF Barbeque Nation IPO

PLEASE..........

Retailers are only worried about allotment and not listing.

People are still applying in retsil category even aftrr flop show by ease my trip and anupam rasayan.

अब न ही ''SURYODAY'' होगा
और न ही ''CRAFTSMAN'' सबका ''KALYAN'' करेगा
और इनके साथ ''LAXMI'' भी जाएगी
और वह ''NAZARA'' देखने लायक होगा ''BARBEQUE'' होटल में बैठकर

Very nicely said. Good.

Mentors/experts kindly suggest if Paushak and ttkprestige can be bought at present level.

GMP of Barbeque IPO ,🐔🐔-🍷🍷🍷per share 😂😂😂😂😂😂😂😂

Company issued lakhs of shares to Jubilant Food @252rs just 2 months ago and now looking to loot people by asking 500rs per same share which is too high valuations. Lets wait and see it''s fate in 2weeks

How to put stop loss price before 10AM(Listing day)?

Though I am not an expert but you can try the following -
- place a sell order in preopen at lowest price you want to sell at. As soon as market open your preorder will move as regular limit order and will be executed at prevailing market price.

I think most of retail crowd who is applying is new. Market will teach d lesson they want.
Because before covid era not such kind of subscription seen from retailers from day 1. Usually most of them applied on day 3 that too if they find company is ok otherwise subscription is less or so most of d times.

Kalyan = not applied
Suryaday= not applied
Barbeque = not applied
But craftsman automation applied got..
Can anyone tell how to put stoploss or cover my money only .. not profit plz

To put stoploss, don''''t apply ipo blindly.

Though I am not an expert but you can try the following -
- place a sell order in preopen at lowest price you want to sell at. As soon as market open your preorder will move as regular limit order and will be executed at prevailing market price.

Barbeque Nation Hospitality Limited IPO
Retail 5X day 1 @ 3:30pm
Application Wise 3.8 Appx

Can anyone tell, should I accumulate Dixon technology now?

Holding from @ Rs. 353.20 .... will hold for next 1-2 years....

Thank you Chem cho Sir and P patel ji for your response.
@P patel if I remember correctly even the IPO price was not 353 around unless your price become this after the splits