Maybe not , the valuations are not at all attractive
11. Seth.| Link| Bookmark|
October 24, 2023 2:18:54 AM
IPO Guru (1200+ Posts, 600+ Likes)
648 upper price PE comes to 45+ Costly Valuation and also full OFS , all money goes to promoter pocket/bank account Why promoter are so greedy! atleast they can give 38-40 PE range price band so atleast investors get something on listing and buying. Company business looks good , anchor is ok not exciting ; have to see subscription and QIB response...
11.1. MuStrFc| Link| Bookmark|
October 24, 2023 2:40:22 AM
IPO Guru (3000+ Posts, 2400+ Likes)
The brand built is one major reason to bring OFS at low dilution and higher valuation. Best investment by anyone is on oneself, and thats what the promoters are after, imo.
10. UjwalG| Link| Bookmark|
October 23, 2023 10:11:32 PM
IPO Guru (1300+ Posts, 600+ Likes)
Some sale of assets may have happened, reserves more than double in 3 months!! Also extreme low float if i go by number above, 91%
9. Hrishikeh| Link| Bookmark|
October 23, 2023 8:51:04 PM
Top Contributor (500+ Posts, 100+ Likes)
Please clarify about pre issue and post issue shares Thanks adv
7. G profit| Link| Bookmark|
October 23, 2023 6:35:55 PM
IPO Mentor (1200+ Posts, 300+ Likes)
Good company. But all depends on the pricing and market conditions. High flying times are over now9 for a temporary period till markets stabilize0. First ones to correct will be small caps which had run up recently and ipo stocks which listed and trading at exorbitant prices. So our pace would have to be a bit slow now .
@newgen consultancy Sir ab samajh me aya ki apne irm me 1 retail application kyu lagayi ll hum to full force se apply kar ke bethe hai ll ab kya hoga kya pata ll
@newgen consultancy sir , can you please explain the fundamentals and reasons behind today's fall and the further moves you expect or analysed , would be great to learn
5. Arun Jindal| Link| Bookmark|
October 23, 2023 4:34:57 PM
Top Contributor (400+ Posts, 100+ Likes)
As number of shares issued are going to increase after ipo so it can’t be ofs 100%