Cello World Limited IPO Message Board (Page 34)

Crow Verdict: To me, Cello's success story reflects the art of business diversification. What started as a partnership for thermoware and related home products in 1958 is today a wellknown brand of pens, dustbins, chairs, and water bottles. I have personally used its products and I'm happy with them. But I'm happy with TTK Prestige or Borosil too. For me and my fellow consumers I think, Cello as a brand does not always influence the buying decision. Heck, I would go with a Dmart brand dustbin if it cost half the value of a Cello dustbin. So, I can't really rely on the brand value here. It's the diversification and decent PAT that interest me. However, the promoters seem to be greedy as vultures and that's another irritant here, not to mention the faltering 20% GMP. I'm not ambitious of a good listing pop and I see its peers like TTK Prestige, Camlin, and Borosil doing better in the markets.

Crow's skin in the game: Will play with 1 retail lot only if QIB crosses 3x and Blue Jet Healthcare closes in positive on Nov 1.

Crow's last NEUTRAL recommendation: HMA Agro Industries (7% listing pop and currently up 18%).

Cello ka gmp kyu down hua any idea?

📢 New Mainboard IPO 🔔

🚘 ASK AUTOMOTIVE IPO 🔧

Date : 07 Nov to 09 Nov 2023
FV : ₹2
Retail : 35%

Thank you newgen consultancy

Thank you newgen consultancy

Is there any delay in receiving mandate?

Off topic: Dear Senior members, please suggest what to do with IRM Energy. It is falling every day. Thank you

Requesting seniors to inform about the expected BHNI and SHNI subscription in this? @newgen consultancy @Noorul @Crow @Tejas Pandya

​@Happysoul 
Expecting bHNI max - 5x application wise
sHNI max - 25x

Just <5% shares for sNII... I think applying in retail category (~35% shares) will have a better chance of alottment, considering the size of the issue.

sNII < ₹10L:      1,458,333 (4.97%)
Retail Shares:      10,208,333 (34.80%)

​@Palka true, I would go with "something is better than nothing" scenario. :)

As expected
Retail 2/2
Shni 0/1

Mainboard ipo Alert

Ask automotive ipo dates confirm
Issue open 👉 7 November
Close 👉 9 November

I was expecting this issue to be oversubscribed within an hour.

In my opinion, issue price is exorbitantly high.

But our members say that valuations are reasonable.

Grey Market premium is reasonable.

Still, I got my own doubts on listing.

Will take a call at 2.00 PM tomorrow.

As expected allotment of para happened so today there will change in sub figures. Our group is interested to use refund money in SMEs.

One of my friend working in cello India..
She already applyed in employee quata via bhim upi..
Now she want to apply more but as I know one more application and will reject...

Can see apply one more employees application as she is employees??
Plz gurus and old members replay me

​@lucky boy 

I would suggest to cancel and re-apply/increase bid till maximum lots under employee quota for e.g. under 2L.

Retail (Max):
13
299
₹193,752

​@lucky boy Your friend has applied through bhim upi. The question here is, whether she has accepted the mandate or not? If not accepted, decline it first just now. Confirm it and than apply according to the choice.
If UPI not accepted, no problem. I have no idea, whether any one can cancel accepted UPI because I rarely use UPI when not able to apply through ASBA.

Thanks dear harit I think it's good for me your opinion for rethink about this ipo

GMP : 131-134 ( New High )
Good , Strong and Sustainable Demand

Sebi Observation ( Nod ) letter issued below IPOs :

1. Flair Writing Industries Limited
2. Muthoot Microfin Limited
3. Happy Forgings Limited

Can expect Flair in next 2 weeks
And Muthoot and Happy Forgings could be Blockbuster Issues

Honestly , All 3 are going to be Sure Listing gains and Long-term Candidates

​@newgen consultancy Dear Sir, I have allotted 1 shni (322 shares) and 1 retail (23 shares). Please guide what to do on listing day. Should sell in prelisting or hold. Please guide me.

This IPO is not only for listing gains

I would recommend to hold atleast 70% quantity or Full as per your risk management

I am expecting a 10-15% post listing pop

Off topic
HUF ka account Online ASBA se IPO apply karane ke liye konasi bank me open karana chahiye...
Jo net banking ki facility HUF me deta h

hdfc bank net banking ki facility HUF me deta h

I use HDFC Bank/IIFL combo for my HUF and it works well.

Keep minting!

Why jsw infra fallen today

Don't count 5 6 rs movement as a FALL.
JSW infra is in advance stage to buyout a port from shaporji palonji group.once the news out it will catch 🔥.

Lock-in Open Date: JSW Infra (3%), Manoj Vaibhav Gems (4%)

KyaThird Party UPI se IPO apply karte hai to Allotment me consider hogi ?? Kyu ki mene 1 pan se one Third Party UPI se aur Dusri bank asba se apply Kiya Dono Retail me to Allotment me dono show Karti thi asba Vali successful allotment and UPI Vali un successful 🤔

In which ipo ?

@Rajesh Vishnu prakash

Promoters valued the Company at about 8.5 times of its Annual Sales(not profit). Am I correct?

If so, is it advisable to apply?

7.5 Times on FY23 Earnings
5.7 Times On FY24 Fe
I think it's a bit expensive but OK
Not too expensive

I think it's Peers are at low Sales to M.cap ratio but they have net margins of around 12% whereas cello has 15%
This gives it a premium valuation

I think 15% listing gains are possible
Even in Worst case it will give 5% atleast
So No risk , Reasonable Reward

We are in stock market.

Risk tau lena hi padega.

Risk hai tau ishk hai.

Here it seems better risk reward.

3 Companies Got SEBI Approval for IPO

📍Flair Writing Industries IPO
📍Muthoot Microfin IPO
📍Happy Forgings IPO

Trans me khela hoga

Transteal renowned investors there in pre IPO

​@newgen consultancy Sir kindly elaborate what type of khela u r talking about?

Positive khela or negative khela?

Kuch samaj ke bahar hi because subscription and premium match nahi kar Raha hi jab itna sure healthy premium hone par bi public me low confidence kyo hi ???????

Aaj kal kuch investors ko 50% se zyada hi chahiye on listing isliye jahan 20-25% ho vahan sochte hai, SME me 60-80% dikhega toh usme lagayenge even when the chances of allotment are extremely low. Gazab zamana hai. I'm going FF here.

​@Bhaskar raj 
Same thing happened in RR kabel also
First day subscription and GMP (20%)