CFF Fluid Control Limited IPO Message Board (Page 8)

Skipping…

Revenue split 89.43% defence 10.57% non-defence (nuclear and clean science)
Top 5 customer gives 98% of revenue.For product and service refer page 98 to 101 of RHP.

Order book of 90cr.
Litigation against promoter and group companies worth 3cr and 10cr respectively.
Bonus issue 19:1

IPO for repaying loan worth 21cr, 8.8cr for plants and machinery, 8cr for TWA Transfer of Technology, 16cr for general corporate purpose.
They r authorised equipment supplier for some of the components of scropene submarine. Hence they will supply components and repair service for the working life, i.e. 30 years, of the submarine.
In process of registering with CSL, GRSE, HSL.
Strategic Partnership with M/s Nereides, France and M/s Minerva Issartel, France.
Few products listed below under different stage of development

Baki kuch Miss hua ho toh please add.
🙏

The state of such calm, kuchh ajib sa mahesus hota hai.....

IPOs like these can list with premium only if the broader Market is in bullish tone at the time of listing,otherwise they will end up in LC on listing day and continue for 2/3 more sessions. Risky.

Subscription figure not encouraging.

Let's see

@Trueinfo Seems difficult to see magic here due to no activity in GMP
Gmp 3 rs

Who will roar tomorrow?

Very expensive IPO (PE 33) and high level of borrowings. Seems a risky bet. Poor past performance of LM is also a great dampener. Will see HNI subscription and decide on last day afternoon.

Not finding enough excitement as of now..

TOTALLY FLOP SHOW

BUT CLOSELY INTERESTED HNI AND MARKET MAKER BY PUTTING THERE application shows subscription figure at subscribed level and will able to sell the issue but rest of the investor should avoid as it can go either side and can be trapped to innocent investor as well as reward so BBIG AVID

super flop

expected subscription of cff

Retail 2-3 time

Can any one please let this Forum know the procedure for applying for Coal India OFS open from 1.6.23 to 2.6.23. Thanks in advance.

GMP 3 - 5

NOW can only HNI will sail through this SME.

Drastically fall in all SMEs in grey market

CRAYONS GMP :- 36-38

Vasa GMP :- 51-54

CFF - 6 SELLERS

SAHANA - 11 SELLER

Agro - 12 SELLER

Pl @ MAMU / SV/ KAPOO/ PKRAJ/ NOORUL etc experts pl advice should we apply this issue or apply with FF INFOLLIEN because after FF then hardly any liquidity stands or we should park some amount for rest of the three issue i.e. COM/ CFF/SAHA

@PLAZA For Infollion today is last day. For CFF and others you have some days available. Some refund of Hemant will also be available from tomorrow.
Info is a safe and better choice.
You can decide accordingly.

Applied with FF as per your view,

Why sudden sellers in all ? Vasa, Crayons, Hemant , CFF, Sahana
Any insider news or retailers heavier than operator?

I think overdose of sme ipo????

@ MAMU & SONMAYA Thanks for replying . As per sonamaya one should apply in infoline with safe bet and I agree 100% with him . Now question is should I park some amount for other issue because once we take call / Apply then no revert from there . Whether apply or not will be at the 2 pm at the end of day since if some probability is there then we park otherwise utilize in INFOLLINE.

Txs in adv

DD sir has given AVOID rating for this issue. Any contra opinion , substantiated by facts and figures?

DD sir has given AVOID rating. Any contra opinion , substantiated by facts and figures?

Seems avoid but let's see subscription figure

Offtopic @MRavi Sir how are u . U r views and guidance for Silicon Rental Solution after results declared yesterday.

Defence sector fancy and good order book will push up the subscription figures and listing can happen around 5% up. Good player for long term. Only negative is relatively bigger size of IPO which could cause selling pressure on listing day. otherwise would have been a hugely successful IPO. IMO, grey will rise once it closes.

@trueinfo , I too agree it's a long term portfolio stock.Prospectus says 90% revenue from Defence sector. We had seen Mazgaon IPO in less than two years it crossed 800 from 200 rs.

Agree 💯