Comrade Appliances Limited IPO Message Board (Page 6)

S2 17k

15k now

I agree with @Trueinfo Myself putting one retail as "shagun" as to insure funds free for mainboard

@Smile✍️
we will see at 4 PM. I will be happy if it remains less than 50X, i am pllaning to go FF in this

@KAPPO what is ur final decision in comrade KAPPO,now u have bcom HERO for ur correct prediction in Porva ..
@LOKES what is ur final input in this lokes sir?

Apply in comrade....
i gave my opinion here also:
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1428&c=603797&ap=0

Going FF with the available funds

NII portion subscription still less then Retail..... untill and unless situation reverses.....it is risky bet .... expert s views most welcome and much needed at this juncture.

Jab ulte sulte shares mai bhi public paisa lagana chalu kar de...........matlab waha se market 20% correction ke taraf badega.

Plz save your hard earned money. I don't think that company like comrade appliances worth more than 20rs .....but asking 54.

Avoiding.

here used funds will not be available for ikio or kore

HNI is only 1.76 cr, if we count only 30% of Hemant funds are going to use here than also it will go beyond 150x

guys do anyone think it can list in red because many retail investors are afraid to lose capital and i have lost in swastik pipes and any advices and i know there's always a possibility of loss

@LOKES @Arjun Rajkot MRAVICHNDRAN, AMIT JAIPUR KAPPO ABX XYZ ,what is ur final decision on comrade,plz share ur final input ,box tomorrow last day..thanks

@Amit ji any solid reason behind?

Kuch milne ki chah hai shayad yahan.

Out of topic wiprobuyback 16june 23

I posted on wipro page

I am avoiding this

Reason : not much arbitrage, higher pe or similar pe to Infosys(historically lower)
Sentiment is bad for IT sector right now

I think wipro will crack post record date jun 16

₹19000 last heard GMP…

sir i have limited fund Comrade or IKIO Lighting please suggest

For BHNI sir .......comrade or IKIO Lighting please suggest.......waiting limited fund

Minimum subsciption
Retail 75x +
HNI 100x +

Target complete....

Expected subscription
RII 30-40×
NII 40-50×

Final HNI 163x

@Bhav, congratulations bro. You proved to be right. I underestimated.

Please update the latest GMP

Every contract manufacturer seems to be comparing itself to Dixon and PG Electroplast. How many of them will justify such comparison remains to be seen.

Inventory has increased by Rs 345 lacs YoY.
PBT to CFO before tax is positive and encouraging
Cost of materials consumed as % to sales has dropped as compared to 21-22. Whether this remains sustainable is to be seen
Even though long term borrowings have reduced by Rs 100 lacs, short term borrowings have gone up by Rs 350 lacs. Finance charges remain at the same leve YoY inspite of positive cash flow.
Overall capacity utilization has remained between 14 % and 17% for the last 3 years which shows that the company has not been able to attract new customers or have existing customers provide more business.
Promoter remuneration for 22-23 of Rs 60 lacs is more than 25% of the total employee cost of Rs 223 lacs.

@Admin @ Chittorgarh.com Please charge money for posting comments.

.

What would be expected subscription figure

retail 80x +
hni 120+
issue is of small size and people have funds from hemant and would like to get allotment as much as possible

IMO after earmarking fund for IKIO we should apply in this issue for listing gain.

Comments invited

Fake Premium - will vanish before listing.

@SADAHAQ, how do you identify whether the premium is fake or not?