11.1. k l patel| Link| Bookmark|
April 4, 2024 12:17:17 AM
IPO Mentor (600+ Posts, 200+ Likes)
me 2
11.2. rohiitian| Link| Bookmark|
April 4, 2024 2:56:51 PM
IPO Guru (1200+ Posts, 800+ Likes)
@Sound Investing Company is top quality, but have limited funds today and subs will be very high. Will be going in Aluwind where allotment is easier, whatever funds are left will apply here.
@rohiitian Ji, is Aluwind worth applying? Plz suggest investor with small risk appetite should apply or not? Also noo GMP showing for it!
11.4. rohiitian| Link| Bookmark|
April 4, 2024 3:34:54 PM
IPO Guru (1200+ Posts, 800+ Likes)
@Abhii VPG Have shared my POV on Aluwind page - cannot find any negatives in the biz, so applying for multiple lots. I don't let GMP influence my call. But there is probably more risk in Aluwind than Creative, you have to go based on your appetite.
7.1. MuStrFc| Link| Bookmark|
April 2, 2024 11:54:43 PM
IPO Guru (3100+ Posts, 2400+ Likes)
@Sound Investing आपने छोटी सी उम्र में स्टैंसिल देखी होगी जिसका उपयोग हम कागजों पर अक्षर, अंक, डिज़ाइन छापने के लिए करते थे। ठीक उसी प्रकार यह कंपनी अपने ग्राहकों के लिए कस्टमाइजेशन के साथ उन प्लेटों को डिज़ाइन करती है जिनका उपयोग ग्राहकों के लिए फ्लेक्स, बैनर प्रिंट करने के लिए किया जाता है
@Dharmikk Look at post ipo P/B which is not low. Post ipo since the number of shares increase, the NAV reduces, which makes the book value lesser and increases P/B ratio.
Does anyone know why is it open till April 4 even after considering holidays in between., as it opened on March 28?
6.1. MuStrFc| Link| Bookmark|
April 2, 2024 11:24:36 PM
IPO Guru (3100+ Posts, 2400+ Likes)
This question is on similar lines why Trust Fintech allotment was done today instead of yesterday. But sadly, no one say for sure why this timeline is chosen.
But still, this is within limits allowed for LM and Company to decide.
@MuStrFc Yeah, if you remember the allotment of Mukka Proteins by the registrar Cameo, they are quite similar. Although an issue open for this long is what caught my eye as it is unlike allotment which solely depends on the registrar.
A venture who never raised equity funds and always grown bootstrap and reached to 100 cr Assets, then 45 crore debt is no big deal as per normal business standards. I checked the RHP and the debt/equity ratio is 1.76 which is before IPO and post IPO that will come down and will be less than 1 so this should not be a concern.
Chata Foods: 11/= Viswas Agri: 6/= Naman in Store: 50/= Vrudhhi Engineering: 0⃣ Blue Pebble: 52/= Aspire & Innovative: 9/= Trust Fintech: 42/= GConnent Logitech: 0⃣ TAC Infosec: 68/= Yash Optics: 14/= Radiowalla: 40/= K2 Infragen: 10/= Jay Kailash: 32/= Aluwind Architectural: 9/= Creative Graphics: 43/= Sab GM traders Holi ke Rang mein Range hue hain Rate mei 5-7 % ka fark bhi ho sakta hai [ As Heard from Various Brokers or GM traders from Jodhpur Beawar Rajkot Kolkata ]
@SMEIPOrocks The post IPO Debt/Equity ratio will fall from current 1.76 to below 1 ONLY if the company utilizes IPO proceeds to significantly pare down its Rs 45 Cr borrowings. If it funds major portion of proceeds into inorganic acquisitions, CAPEX or WC requirements then those borrowings would reduce marginally over an expanded asset / equity base.