Motisons Jewellers raises 33cr As Pre-IPO Placement at Rs.55 /- share by issuing 60lk shares.
IPO To hit in next 2 weeks ( Tentatively expected in 1st week of November) Already informed a week ago
Date : ?? IPO Size : 151 cr Price Band : 52-55 M.cap : 541.5 cr PE : ?? ( FY 23 P&L not available) ( Tentatively around 19.5 , I expect FY23 PAT coming at 27-28 cr )
43.1. UjwalG| Link| Bookmark|
October 21, 2023 11:59:49 AM
IPO Guru (1300+ Posts, 600+ Likes)
Seeing senco,mvg 's performances all jewellers rushing up it seems. Could also be fact that they are capitalizing on the buying spree that comes around diwali.
By seeing such high valuations it is for sure that Manoj Vaibhav was much better Seeing its size , Growth and Valuations
Also RBZ Jewellers To hit very soon
Now It is for sure that This Festive season is going to be a turnaround year for this industry and super earnings for FY24 is quiet sure .
Can expect some more IPO's filings in this industry in coming quarters , Like Joyalukkas ( 3500 cr ) , Khazana Jewellery ( 1500 cr ) , P.N.Gadgil ( 1500 cr ) , Malabar Gold ( 6000 cr ) , BlueStone(2200 cr), And some small chains .
43.3. MuStrFc| Link| Bookmark|
October 21, 2023 12:55:26 PM
IPO Guru (3000+ Posts, 2400+ Likes)
@UjwalG Sir, Apart from the festive buying spree maybe the Gold and Jewellery companies especially have a tide in their favour due to tension emerging Globally whereby people look for investment in Safe Haven Assets, and Gold tops that list. Further,in my view buying Gold in Rupee terms is a double benefit as i see rather than in USD, because as Gold prices rises and USD as well, we benefit from our investment and appreciation in USD in terms of Rupee. And even if gold prices do not rise, we still benefit from the USD appreciation and vice versa. Your thoughts are welcome.
Motisons Jewellers hitting in next 2 weeks Confirmed by Sure Sources
This IPO will be a Carbon Copy Of EMS IPO Promoters have give their Public Listing in the hands of Operators . I can't speak clearly here as it is a public Platform and Domain
But Yes , A 150cr issue coming with good demand as of now , It will go Like EMS.
@newgen consultancy Respected sir and other respected members of the forum,
Any recommendations for new entry for jewellery based stocks to make some profit this year ? Or is it too late to enter ?
43.7. MuStrFc| Link| Bookmark|
October 23, 2023 1:49:12 AM
IPO Guru (3000+ Posts, 2400+ Likes)
@Rigasti Being a new member, its not expected from you to know the whereabouts of the discussion in the forum related to topic and off topic, but at least refer to old messages of the respected member. That can be expected from a new user who knows whom to approach for price suggestions. Not much extra efforts needed and you get information of what you seek.
After Recent Delhi EV Policy Announcement and more states doing the same going forward , It is the Best Time For OLA Electric to File a DRHP and eye an public listing in 1st Half 24
39.1. Nifty Singh| Link| Bookmark|
October 22, 2023 6:53:55 PM
Top Contributor (200+ Posts, 100+ Likes)
@newgen consultancy Sir, will Delhi EV policy is going to have some negative impact on IRM listing?
@Admin @ Chittorgarh.com A Request to Please open Honasa Consumer ( MAMAEARTH ) IPO Page A lot to discuss and some firm details now available RHP filing expected on next weekend
A new age company coming after a long haul. Plz. Consider this 🙏
Hellooo everyone, hope you are all good. Posting a message after a long time. How’s @aniket @lokes @eagleye etc 🙋🏻♂️ Myself waiting for more mainboard IPOs 😢
RBZ Jewellers To hit on 1st week of November ( Tentative )( Maybe 3-7 Nov) Around 110 cr Issue Size
And Protean RHP to be filed soon
Cello World and Flair Writing Industries IPO in 2rd-4th week Of November Also MAMAEARTH , Innova Captab , SPC Life Sciences , Indiafirst Life Insurance to hit soon
It will surely not fade away The company is very good , a quality one with very good management and almost market leader in almost 60 % of its products
I expect atleast 25 % listing gains and solid earnings coming forward.
The business is Real and 45 Yrs old with no external round raised Promoter Holding 100 % Pre-Issue
I would ask everyone here one question , Show me a such niche Pharma Company which hasn't raised a single penny from external Investors Make a list of last 20 Pharma Companies who recently bought IPO and IPO's coming in near future You will find No company with No PE investors or Institutions Let me name few , Mankind , Emcure , SPC , Concord , Innova Captab , Ami Organics , Supriya , Rossari , Indegene, Veeda clinical , Tatva Chintan , Chemplast , Windlas , Glenmark Life , Gland, Enterro , Healthium , Hexagon nutrition etc. ( Kripaya karke Valiant Lab mat bolna ) No company here is With no funding I have went till 2021 and considered next 1 yr pipeline , Motive is to say that the work Blue Jet's Management has done is outstanding. And market much surely give them the premium that they deserve and It will be given Surely Mark My Words : This company will always Trade at An atleast PE of 45 and maybe 50+ And also check shareholding pattern in next quarters you will find this stock illiquid Because Fii aur Mutual Funds Retailer ka sara maal kharidenge at any price
And if even GMP Fades invest here for Medium Term for sure
33.6. MuStrFc| Link| Bookmark|
October 26, 2023 7:34:45 PM
IPO Guru (3000+ Posts, 2400+ Likes)
@jpdecoded the GMP faded away because of market negativity overall and not because of the company or its prospects, there is a clear distinction between both
May 2023: WHO says non-sugar sweeteners like saccharin are potentially harmful. Oct 2023: Blue Jet Healthcare, a large producer of saccharin salts in India, comes with its IPO with pure OFS.
Namak, shakkar, aur IPO mein kuch kaala hai, mere dost.
so only for listing gains?(that too, maybe) and fall after listing within a month?
32.2. Paymzia| Link| Bookmark|
October 20, 2023 7:23:20 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Everything is harmful whatever you take against nature not only this
32.3. ipo stonks| Link| Bookmark|
October 20, 2023 9:06:55 PM
Top Contributor (300+ Posts, 200+ Likes)
It raises brows on OFS after the WHO announcement, But, Blue jet has 75% of its revenue for FY 22-23 from other than High intensity sweeteners (saccharin). (RHP- Pg 146) I don’t think WHO report will have much impact because artificial sweeteners (saccharin) are also used in oral care products, beverages (soft drinks), bakery products, pharmaceutical products, etc.
The key risk is customer concentration, revenue from it’s single largest customer accounts for 63.36%. (RHP- Pg 156) And geographic concentration is in Europe which constitutes 74.49% of it’s revenue. (RHP- Pg 139)
Maine Plaza wire mai upi se application lagayi thi bandhan bank se bandhan bank mai un dino website ka update k chalte meri application approve nahi huyi thi but mera fund hold par chala gaya ab mera fund block hai guys pls help thank u so much
30.1. The Nest| Link| Bookmark|
October 20, 2023 6:25:04 PM
Top Contributor (300+ Posts, 200+ Likes)
Contact your Bandhan bank home branch they will definitely help you to unblock.
26.1. Paymzia| Link| Bookmark|
October 19, 2023 9:06:10 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Retail
26.2. UjwalG| Link| Bookmark|
October 19, 2023 9:06:57 PM
IPO Guru (1300+ Posts, 600+ Likes)
Dont spam pls. 3 messages in 3 min, have some patience,anyone will answer it. Coming to your que, in general shni forms are very less than retail forms, so better chances are in retail. But if you apply in shni and you turned to be lucky you get 14 lots ,in retail you just get 1 lots. So shni allotment is tough but reward is 14x sweeter than retail.