C P S Shapers Limited IPO Message Board (Page 6)

​@Admin @ Chittorgarh.com Dear Admin, CG's ipo subscription report (link given below) is very useful in estimating subscription when multiple IPOs are lined up at the same time. It will be very handy if % of IPO size for each category is also mentioned in the report (e.g. QIB = 50 %, HNI = 15 %, Retail = 35 % etc). Also, % GMP at the time of issue closing will be very useful to indicate general interest market had in a particular issue. If these columns are added, we should be able to estimate subscription levels in upcoming IPOs and decide which one to apply.

https://www.chittorgarh.com/report/ipo-subscription-status-live-bidding-from-bse-nse/21/

Thats a very good idea..infact I also thought of asking for the same...it will make easier to get related info on same page.

​@Admin @ Chittorgarh.com Thanks for responding to my query. I agree, too many columns not a good idea.

Can you please create a page for:
1) category wise reservations for each ipo. e.g. % reserved for each category (shni, bhni, retail qib and market maker).
2) I am also keen to know GMP at 3 pm on the closing date for each IPO.

Dont mind if both these data points are captured on separate pages.

This will allow us to estimate oversubscription a ipo may have in specific category (e.g. retail: x times, BHNI: y times etc) based on gmp and total size of various issues open at that time.

Many thanks

Can we sell HNI allotted shares on the very first day or it is in ban period. Experts plz advise

yes, you can sell anytime... Restriction applies only for Anchor investor...

Out of topic
​ @Seniors and Experts please suggest whether Crayons Advertising can be bought at CMP i.e. 158

Yes...2024 elections are coming and will be beneficial for all advertising companies..

New here, I have money for 2 lot only. Looking at the subscription numbers HNI (8 times so end of tomorrow might be 20-50 times), Retail (40 times, tomorrow might be more than 100 times). So, what should be my approach for better chance:
a) Apply in HNI for 2 lots
b) Apply in Retail for 1 lot

​@Noorul Can we go open in this?

Ipo gurus, and ipo mentors, kindly explain how the price discovery process takes place on listing date.

Is it advised to apply for 2 lot or 10 lot (7 applications) to have better allotment chances. Or any lucky number lot u want to suggest 😀

I have sufficient fund available.

Be careful in C P S shapers

​@KAPPO Already apply kari didhu ane Axis ma cancel bid option nathi, time to change bank at least when 3rd party becomes obsolete

Bhai tension na lo pan aama have public ni demand che
Ne aa minus ma nathi khulva no pan aama premium karta sub to vadhare che toh aama pan uli ginti che

can any expert shed some light on why zeal & shoora with no GMP/S2S listed with bumper gains?
is this trend specific to some type of IPOs or just a random game of operators?

Zeal is a mystery I guess but with shoora the ipo size was 2cr, operators have surely made huge money and exited!

​@kishenharendra even sungarner with 33% GMP on last day, now @ 215% profit...

IPO Calender...

Listing of Aeroflex is on 31st Aug and not 1st Sep as mentioned above.

Nicely compiled....

Any update regarding GMP or subject to. This one seems to be decent rather than others in line. Please guide

GMP 73

Thanks for update

All senior members..apply or avoid🙏

Apply without any doubt
But keep in mind CPS funds would not be available in Basilic Fly studio
So, decide which one you want to apply.

I wrote a mail to Bigshare , CC company , to make refunds by 05/09 .
Quote'
request you to prepone refunds of CPS Shapers Ltd. IPO by a day to 05-09-2023. So that the same may be utilised for another IPO closing on 05/09.

Your speedy reply in this regard , will make us decide whether or not to subscrive to CPS ipo , and will be highely appreciated.
Thanks and regards ,
Unquote"

Request fellow members to send similar mails to Bigshare and company.

@sanjeev sood sir do they consider such requests?

In case of Uttkarsh SFB, Kfin tech, acknowledged mail by members and preponed allotment/ refund by one day.

Reiterating what I wrote then,
“ I am not completely out of sync, as far as precedence is concerned , there are occasions where allotment was advanced to adjust competing issues ( time wise) on the top there is no harm in trying even if odds favourable are miniscule.

Even if Members copy paste the above message it will serve the purpose.
EMAIL:
ipo@bigshareonline.com

I am new to SME. In details just retail and HNI is mentioned.
My question is, is sHNI & bHNI not applicable in SME?
If it's applicable then should I go for sHNI or bHNI?
If it's not applicable then what could I do and why it's not applicable?

(A genuine response is highly appreciated)

​@MTLG There is no small and Big hni in SME, that bifurcation is only in Mainboards. Here 1 lot means retail and 2 lot onwards it is HNI.
If you decide to apply then you can do so as per your capacity.

In SME oversubscribed IPOs allotment process:-
Retail: Lottery
HNI: Proportionate

St Kostak : 55000/-

One more candidates to cross 300+ club in retail category.

​@KAPPO @Noorul @B.M.SURANA  Apply or not ? GMP ?

CPS Shapers Ltd
Sub2 ~ 45000/-
Premium 67 ~ 72 Very Very Low Volumes

How to contact for sell/buying ?

Can we use CPS SHAPERS refund for BASILIC FLY ?...

Any chance BASILIC FLY extend for 1 another day ?...

​@BLUE WHALE BASILIC won’t extend for another day for sure. But CPS refund earlier is possible if the Register completes it earlier. Again unlikely but very much possible. And if there is one register who can do it earlier it’s definitely this one.

@BLUE WHALE

no,we cant use refund money for BASILIC FLY

So many IPOs in line... need to focus on one or two to maximise the the chance

LM with a good track record
Impressive growth in sales over last 2 years, although profitability has been uneven
Good cash flow for 20-21 and 21-22. 22-23 cash flow spoiled by jump in inventory of Rs 3.5 cr and other current assets of Rs 1.1 cr. YoY inventory of finished goods has more than doubled from Rs 3.01 cr to 6.2 cr
Material cost as % of sales has dropped from 48~49% range to 41%. Given that average per unit realization has dropped from Rs 492 to Rs 460, better procurement strategy is most likely to have delivered this benefit.
Drop in per unit realization is worrisome, whether it is due to competition or channel inventory issues or change in product mix is not known.
Capacity utilisation has consistently improved over last 3 fiscals and is now at 89%.
Sales have become 2.56 times fom 20-21 to 22-23 while repairs & maintenance are 3.5X, advertisement and sales promotion are 7X, travelling and conveyance are 3.5X, commission and online sales expense are 2.4X, delivery related expenses are 5.6X.
YoY EBITDA margin increased from 8.9% to 13.4% while PAT margin jumped from 5.9% to 6.7%
This shows that company is relying more on online sales and online discounting to increase its revenue
Although amount is small, there is miscellaneous income of Rs 10 lacs in 22-23 which was not there in previous years.
YoY, GST receivable has jumped from Rs 15 lacs to Rs 120 lacs. Whether it is due to company clearing inventory below cost or increased production of low value add goods or some other reason, is not known
Out of total receivable of Rs 2.58 cr, Rs 20 lacs is outstanding for more than 6 months. Given that company appears to focus more on online sales where payment are collected on delivery / in advance, such long pending receivables are surprising
Net book value of Plant, Equipment, Furniture and Fixtures as on 31-Mar-23 is Rs 74 lacs. Out of IPO proceeds, company intends to use Rs 179 lacs to purchase to plant & machinery.
Company intends to repay unsecured term loans of Rs 2 cr, carrying interest cost of 15-16%, out of IPO proceeds. Wonder why company resorted to high interest unsecured loans in first place. Outstanding unsecured loans from Directors as on 31-Mar-23 is Rs 138 lacs, interest rate is not known
Based on working capital projections, company is targeting revenue of Rs 53 cr in 23-24