75.1. Earthking| Link| Bookmark|
November 3, 2022 12:23:44 AM
IPO Mentor (1100+ Posts, 400+ Likes)
Boss i guess you posted in wrong forum ... u r one of the respected boarder whom i am always reliable .... please double check sir ... is 37/41 for Bikaji
Oops what a changeover... I thought after gr8 anchor , grey will touch century but operators are always supreme... Hope they achieve success in their play... Let's c... Game on... Thank you Wishal sir... Keep posting...
A dog , cat and an elephant analogy... Dog seems big when compared to a cat, but seems tiny when compared to a elephant. You know who's the dog , cat and elephant here as per rhp.
Dogs EPS is 1% P/e is 120 Asking 44000 cr valuation
Cat EPS 0.12 % P/e 300 Valuation 2119 cr
Elephant EPS 2 % P/e 60 Valuation 90448 cr
Elephant has performed nicely over and over again and currently is only affected by inflation. Still available at 60 p/e Dog came barking but doesn't have the ability to bite hence the Fall in GMP Cat is just no brainer but sustaining because it's stock market pump and dump thingy.
Someone should make the dog understand that this not shark tank india, it's stock exchange India. Where you can come barking as much as you like but does it have the strength to bite. Most probably the dog will list in positive but eventually will go silent.
73.7. ipo stonks| Link| Bookmark|
November 3, 2022 10:09:33 PM
Top Contributor (200+ Posts, 200+ Likes)
@Monster Zero MCap and Valuation are not different things. They are same. They are synonyms.
The math done by you is correct. But, the interpretation done by you is wrong. Promoters are offloading 2.01% of their ownership, i.e. 50L shares, which translates to around Rs. 150cr.
Offer for sale includes promoters selling their stake as well as other investors selling their stake. In this case promoters are only offloading 50L shares and rest shares have been offloaded by other investors. Got it ? Now you can do the math and the resulting Mcap/Valuation will be around 7500crores.
73.8. Nitinoswal| Link| Bookmark|
November 3, 2022 10:20:14 PM
Top Contributor (400+ Posts, 200+ Likes)
@Monstar zero don't do maths but please read the IPO documents carefully at higher price band post issue market cap is 7485 crs. Existing shareholders are selling there stake ( India 2020 maharaja, intensive softshare Ltd , iifl special fund series 1,2,3,4,5 & avendus future leaders fund 1) they are not promoters
I stand corrected here...mcap 7500 approx I'm Sorry for my tardiness in this regard. But still dog is not worth investing, although listing gains will be there.
Yes, you can go to same page where you have applied the IPO and there is an option to cancel the bid. It is application for retail category bids, not for HNI.
Seeing the 1 rupee Face Value, I am disappointed. Remember that last six IPOs, all got launched at high valuations, and they got manipulated. Those who invested on them on listing Day - got into big LOSS... Better stay away from such IPOs, these are over valued bubbles.
I'll be betting on Bikaji for 20-30% listing gain because of small IPO size, strong anchor list, and strong brand. I am ready for 5-10% negative listing Use your own discretion.
Amit ji is not applying in Bikaji..😅.. Bikaji funds will not be available for Archeon chemicals..also no good listing gain will be there in Bikaji..Archeon seems better as of now compare to Bikaji.
Stock is overvalued. Instead of buying this u have better options in same segent avaible in sceondary market which u can buy in any dip in market. Example : Bector Foods