CFF Fluid Control Limited IPO Message Board (Page 6)

News flows coming regarding order of 32000 crores for Mazagaon dock in next week can change the sentiment. Who knows...........keep u r finger crossed and hope for much better listing......

It will list negative
Even @ AT PAR no buyer seller active.

With the booming defence sector orders and huge order by Govt in Navy sector it appears this will also gain some strength in coming days before Listing. All defence stocks commanding PE of above 50 an d this Co. at PE of 36 seems reasonable.
At least this co is in some real business model from last 11 yrs rather than co like sahana merely 3yrs old and demanding price of 135.

Mazgaon is main customer of cff

@KPCT Ok Thanks.
IMO
Whats ever be the listing price, it will behave like sealmatic ipo.

GMP :- 1 - 3

@MAMU, Sir this is premium or discount.....doubt created by - 1-3.

Doubts from your end nit mine brother

(-) its a sign of discount
Still its in premium.

Started applying......gredually......one by one.....seeing subs figures......

Erection *

Nil Allotment....Can't make out.....refund in both the applications.....

Lagaye sab hain.. Bata koi ni ra.. 😂😂

Wahh.. aapko purushkaar milega.. Seedha ‘IPO Ratna’ 😊🙏🏻

Hhahaha
It's Gem for long-term.

Skipped it completely due to LMs poor record and high valuations.

Skipped completely this one also.

All the best to those who applied.

@Trueinfo You too were bullish. Not applied?

@MAMU, I still maintain, it can be good for long term and can be a portfolio stock. I had also mentioned that big size is a negative because it could lead to selling pressure on listing day. Frankly, I expected that NII subscription should pick up on last day and should reach about 5-6×, which didn't happen. I had all the intention to apply, but changed mind at last minute seeing lower than expected NII subscription. I may buy a lot after listing after the price stabilizes. Let's see. Market gives lot of surprises.

Applied 2 small HNIs to get 2 confirmed lots.. Risk hai.. But lena to hai hee.. 😀

3 lot HNI application will ensure 1 lot. For RII, as it is based on lottery, even 2 applications will not ensure 1 lot. I have applied 1 RII only

This can do really well considering the business and the SME IPOs latest performance and demand!!

Finally applied one retail. Last allotment was Silicon Rental despite applied from two account in HNI on all good ones. Ready to see some downside on listing but hopeful of some profit in 3-6 months. Breaking the dry run is main intention here..

First pray for the allotment...
You may or may not get allotment..you chance of allotment is 60% only.

Yes, some (almost half) of retailers, who only applied one lot including me, would not get allotment.Chance of firm allotment is less here unless total no application decreases drastically due to mass rejection.

Almost Confirm allotment to both categories. HNI & RII.
Accident type listing possible. Deep Discount listing below 150.
I may be wrong. Current GMP 0

In low subscription like in cff, If someone applied 10 lots in HNI then how many lots will get?

@MAMU  , I am assuming 2-3 lots .
Since 1st day it was assumed that fake applications were made in HNI category to attract riis & hnis. Fake applications can be made by applying multiple applications from multiple banks having same PAN which are liable to be rejected on technical ground. On 1st day itself HNI category was over subscribed and in total 4 days it is hardly 3x.

Applied 5 retail applications as it's main business in Defense sector. Although it's a costly one & have taken a risk. But Defense sector is a area where Govt is spending a lot and all other companies are doing the best. For better understanding Some companies are given below. After studying it I have taken a little risk, and Let's see where calculations works.

1. Krishna Defence
Current MP : 198.75
PE : 42.9

2. Paras defence
Current MP : 539
PE : 58.5
3. Data Patterns
Current MP : 1701
PE : 76.8
4. MTAR
Current MP : 1891
PE : 55.9
5. Bharat Electronics Ltd
Current MP : 113.30
PE : 28
6. Centum Electronics
Current MP : 1109
PE : 215

7. CFF FLUID
IPO PRICE : 165
PE : 33.56

@abc xyz 
CG already did this job of comparison for us

check this
https://www.chittorgarh.com/ipo-recommendation/cff-fluid-control-ipo/1427/#analysisTable

NOT APPLIED AS ISSUE MANAGED BY PURCHASE OF RETAIL APPLICATION TO FULFILL REQUIREMENT . GOD KNOWS AT THE TIME OFLISTING ONE HAS TO PAY INCOME TAX AS PEFR APPLICABLE IF ANY ALSO IF LISTED HANDSOMELY AS ALL STOCK WITH THE OPERATOR.

Applied one retail.....let see WT happens
Allottee in proventus also so anxiety is there. Recently by grace of almighty exited from indong tea 3 lots in profit after seeing loss of 1.8 lakhs....

@Arjun Rajkot @lokes @MRavichandran @Noorul @Eagleye 
what are your views on this?

Company looks good.. Defence is a X factor here.. will list slightly postive. Don't expect Mad run here like other SME are running these days.

Alloted 3 lot here.
Don't sell tomorrow...Will hold for few day's for better profit.

Co has confirmed orders of 200 crores in hand and since inception co has never been in loss. Rest God knows better

Applied 1 lot retail. Downwards it's earth, upwards it's sky. No listing gain may be there and a chance to buy also at listing. It's a long term bet. Although I have low patience, this is going to really test it.

CFF Fluid,

Applied,
1 Retail ASBA app
2 Retail UPI apps, probably will accept mandate 1 of these before 5 PM today

Hoping for it to list good.Let's see

CFF,
Applied 2 (1 ASBA + 1 UPI)

for ASBA,
showing not allotted

for UPI,
No data found

Applied 2
Allotted 0

1 lot bought in preopen at 175

Ok sort of company. But for me, pricing is a let down. Very expensive.
Moreover Lead manager's historical performance is pathetic.
Positive listing probable, but valuation at present doesn't seem sustainable. Merely relying on the stamp of being in defence sector isn't convincing enough. Had they priced this below 100 would hv surely applied. But for this price, i don't feel comfortable. If this fires on listing, it will be solely due to operators, not on fundamentals....
Not applying.

Agree fully, Price P/E valuation comfort isn't there specially seeing the high Debt levels. Also current majority of workshare is around maintenance testing & support services which could be not as high margin as product/export oriented defense manufacturing players like Data Patterns, MTAR etc. Yes they state they will venture more towards R&D going forward but that's a future looking statement tough to invest only on that but if they so it could possibly turnout to be a gem, lets see...

@Justalearner , I think LM performance report is slightly incorrect and misleading in this regard as it doesn’t take split and bonus issues into consideration when checking on performance in comparison to the issue price. For reference, both Rhetan TMT and Modis, by the same LM, have given multibagger returns in less than a year, and in the performance report they are showing as negative returns.
Just thought of sharing my findings.. 🙏