Cosmic CRF Limited IPO Message Board (Page 8)

Today deep na and evoq both on uc

QIB figures can be very misleading here. Their quota is meagre below 2% . Also retail @ 71% of 60cr IPO looks scary for listing purposes and doesn't inspire confidence. However, the company business looks ok. May have future growth. Let's see the subscription towards end of day and decide accordingly.

@ Gaurav, are you applying? Your analysis is also mostly spot on.

@Trueinfo 
Fund left for 1 lot only. getting 2 lot in spectrum most probably.

Company Valuation is higher, otherwise looks okay.

Even higher valuation is not a issue, issue is bigger retail size in big ipo. that's worrying. So in doubtful situation.

Paisa whi , Jha public nhi...

You seems super bullish on this cosmic crf
Any specific response ipo leader bhai?

No Positive no negative... I will apply only 1 application... Won't be applying FF , having 150+ accounts... But i made money in CFF and Proventus so taking risk...

Cosmic forces coming tomorrow to save this. Anyway not applying, no spare funds.

This SME seems to be priced at higher end. Very new company, to expect financial is not possible. To establish the company lot of finance is required and the company borrowed a lot. All financial figures are on very high side. Price and Retail reservation is also a set back for investors. Working for good companies is no doubt a favorable point. But to expect listing gains looks difficult but can be managed.
Subscription figures are not encouraging at all. Better not to participate in this issue. If have faith and risk appetite can think to buy after listing. But in my opinion there are many better options available, better to AVOID applying and buying after listing.
We own are best judge for decision.

Your views matter to many of the readers including me. Thank you very much for your kindness to share. God blesses you with all the best throughout. Views must not be ambiguous.such views are no way helpful to the readers. I admire your clear cut views. Please continue to help the readers with your valuable posts.

Cosmic CRF Ltd Company is a qualified and an RDSO approved supplier of cold rolled stainless sections to renowned wagon
manufactures such as, Titagarh Wagons Limited, Hindusthan Engineering & Industries Limited, Melbrow Engineering
Works Private Limited, Jindal Rail Infrastructure Limited, Allied Construction Engineers & Fabricators, etc. In addition to
this, Company also supplies cold rolled stainless sections to direct orders of the railways through tender procurement.
As of March 31, 2023, the total order book value of our Company is ₹ 53,640.82 lakhs, out of which orders amounting to
₹ 13,566.33 lakhs have been executed and orders amounting to ₹ 40,074.48 lakhs are ongoing.

Sub2 ~ 5,000/- [Not much Volumes] @ 05:00pm

i think all waiting for correction after listing to enter?

qibs are interested in thus..

no public participation means great listing

Qib only 2%

cosmic lead by strong Birla group promoters. aditya is well professional person Cardiff University studied sound family business.... entering new crf business
.. dynamic promoters and strong order book...

only 7 company has licensed to make crf
cosmic got last year... and in on year they made revenue and have strong book

moat in business is ...entry barrier and india railways are growing fast pace... new railway minister ashwini is making entire change ... growth will be good

ADITYA VIKRAM BIRLA

Aditya Vikram Birla is registered with the Ministry of Corporate Affairs as a Director in Indian Companies. The DIN (Director Identification Number) of Aditya Vikram Birla is 06613927.

Currently, he/she serves as a director in 15 Companies in India. The companies he/she is associated with are from various industries such as Trading, Construction, Manufacture of food products and beverages, , Real Estate and Renting, Manufacturing (Metals & Chemicals and their products), Manufacturing (Machinery & Equipments) etc.Check it here - https://www.mca.gov.in/mcafoportal/showdirectorMasterData.do

Please like it if this is helpful to you 🙏

100% discount listing hogi..keep my words..ye black horse nhi Balck Day krega capital market ka..save ur money

Cosmic CRF Sub2 ~ 5,000/-

Not applying sir as GMP NIL OR Very Rare deals

@King Vinod,Sir u r opinion on this can this be applied for listing gains ..

Our Company is a qualified and an RDSO approved supplier of cold rolled stainless sections to renowned wagon
manufactures such as, Titagarh Wagons Limited, Hindusthan Engineering & Industries Limited, Melbrow Engineering
Works Private Limited, Jindal Rail Infrastructure Limited, Allied Construction Engineers & Fabricators, etc. In addition to
this, our Company also supplies cold rolled stainless sections to direct orders of the railways through tender procurement.
As of March 31, 2023, the total order book value of our Company is ₹ 53,640.82 lakhs, out of which orders amounting to
₹ 13,566.33 lakhs have been executed and orders amounting to ₹ 40,074.48 lakhs are ongoing.
Promoter are from Birla Family and Birla family have great Reputation from Years, company is operated by Dynamic Young Educated Promoter named Aditiya Vikram Birla.
Expansion Plans in Work. Fresh Funds to for that. FACTORY 90% DONE
Great order book 400 cr and First Year Revenue 127 Cr. Good margins
Restricted Barriers Entry
CASH RICH
RAILWAY CONTRACTS

NEXT CONCORD

GREATE THEME

Can anyone post grey market premium and subject to rates @KAPPO

High chances of allotment
a) retail 70%
b) funds of max blocked in urban & spectrum.

Will so much of retail not lead to selling pressure on listing day? Generally, retail doesn't hold.

301 application from retail on day one shows confidence of retailer over company... Company not making it fancy to accumulate all maal but aaj kal public samjhdar hai after CFF and Proventus k baad koi Dark horse miss ni kregi... Jaago grahak jaago...

The promoter of this company is showing name of Late Aditya vikram Birla. How can they use it?
Is he the same person ?

Not same but from extended family relative

Our experts view on this issue please....

Take limited risk.

Well said @ssingh risk hai to ishq hai

Comrade 61%++ return given , Supper SME fever going on... Enjoy

Just few days/ months back the pricing of the main ipos were fixed too high & very aggressively. Therefore the 🏆💪 success / returns ratio were too low. But after Adani fiasco the Promoters / Lead managers were bound to rethink their strategy and now we have been watching the pricing of main ipos are some what reasonable. ( IKIO, Global surface, USK)

But in the SME ipos the things are working just 360' differently. The high pricing/ valuations are being fixed in SME ipos and if this trends 🔥🔥 continue for long time, same thing will also happened in SME in near future. At present market sentiment is good, hence all high priced ipos are also being oversubscribed, but very interesting to watch when market sentiment gets affected. Hence one may be cautious whie choosing the high priced ipos. This is my personal view only and may not be applicable to others.

PLAZA
If someone is interested in Railway theme, there are other reasonable options too & these companies are doing much better than this new Company. The ultimate test is yet to be checked. It may be possible that the wind of success in sme will give good listing gain for this highly overpriced ipo but in medium/ longer terms it will not be a good option.
Other Valuable good company doing Railway business
1. Jupiter Wagon
2. Titagarh rail system.
3. RITE
4. Concord Control
This is my personal view & may not be suitable for others.

Txs sir . I am practically invest in ipo and booked profit and for others I used to put money through mutual fund as I cannot track one by one company but as per your view hidden advise is that park money in other ipo.
Thanks

Buyer at 20rs Mumbai