The way I see things (Not a analyst) : 1) Its the leader in its business. No 1. 2) Loss making were Vodafone, Juniper, Samhi... this same year. 3) It has got rock solid investors like Mahindra, Tata, Premji Azim, Softbank..... 4) Sachin Tendulkar's office and TVS Group bought in recently. Amitabh Bachan is brand ambasador 5) Promoters are solid. Solid online, Super Offline stores, Own brands, own brands products in gorcery sotres and medical shops. 6) Have opened stores in Dubai. Will open stores in Saudi Arabia. Global 7) They have a handsome OFS (2,527.73 crores), promoters will fund MFs. MFs will buy on lisiting. Thats how things work.
But if dont shine on first day, or first month, or quarter, It will surely shine in a year.
63.1. MuStrFc| Link| Bookmark|
August 7, 2024 6:48:03 PM
IPO Guru (3100+ Posts, 2400+ Likes)
Good insights. To add more to it, the offering valuations are quite reasonable with Sachin and others already invested at 5% plus to IPO price band plus the market that they cater to is huge in India itself, likely to follow same route in UAE, Saudi.
Juniper, Samhi, Zaggle, Jyoti CNC all are there in the same space, but not necessarily Vodafone. @WorthLearning
How to activate flexi fd/auto sweep in indusind bank ? is this activate online via netbanking/Mobile banking ? or branch visit ? pls. help if anyone know ?
61. Anuwak| Link| Bookmark|
August 7, 2024 7:18:44 PM
Top Contributor (200+ Posts, 100+ Likes)
Vodafone ke FPO ne accha profit diya tha -> I bought 2 SIM of Vi. Ola ne accha profit diya to aage jaake Ola EV le lunga.. Aise hi FirstCry ne accha profit diya to bacche ke liye sab saamaan yahin se order karunga. 'Khareedenge Allottees tabhi to badhegi companies.'
I have Zerodha demant account linked with SBI bank account, can I apply in IPO through ASBA from another bank account which is not linked with my zerodha demant account. If anyone know please give your response it will helpful for me. Thanks
@Simran Gupta... I saw you review about FirstCry.. Looking at the PAT of the Company, it shows that for consecutive 3 years there is a negative indices reflecting on its Profil and Loss Statement.. You take on this is a good one. Is there any other Competitor company that handles this kids'clothing and accessories and which has a good indices (atleast) on PAT for the consecutive years (2021 to 2024) ?
52. M Gupta| Link| Bookmark|
August 7, 2024 1:56:42 PM
IPO Guru (1100+ Posts, 3300+ Likes)
One should be extremely careful in all the IPOs (Incld those open currently).
Market is not able to absorb the supply of new paper.
Large size IPOs ( where we can predict easy allotments e.g OLA & Firstcry) are unable to maintain even 5 percent GMP.
Small Size IPOs (and SME IPOs) where its really difficult to predict allotment show GMP only till the shares are allotted, once BOA finalsed, allotment status shown, they also nosedive.
Everymonth, Thousands of crores of IPOs lined up, better be careful and take informed decision. One should not apply merely watching GMP apps or websites.
@newgen sir, This company has deliever 4.32 ebita margen in FY24 and you have estimated 12.12% net profit margen for FY25.How it is possible,please eloborate.