MY DEAR INVESTORS, First of all its a big issue and not faith in LM . Then who will buy on listing even on 3 to 4 % premium as described or self declared by some co's agent. I am avoiding this issue.
Bro I am not applying. It's like highly risky. Valuation wise it's expensive . 20 crore Ka issue and that too at 50 P.E. there are too many issues coming up. I will apply for supreme engineering. Also Marshall machine is looking ok as well. It is ur own risk .somehow I have heard bad things about its management as well and therefore I will avoid. It also depends if some game plays on listing which I can't guess.
I remember people were giving hefty premium on innovators facade which too was priced at 40 p/e and we all know the result. Apply only if u r. Ready to take huge risk. Somehow valuation does not support price.
If it goes up they say have applied and if it goes down they will say have already sold in grey market
Fact is they are big liars. I have repeatedly ask to provide number details or sell my application as noone is dealing . clearly shows fake people spread fake news.] aise logon ki wajah se hi SME market kharab hoti hai as they manipulate things without look at actual fundamentals
I have checked and there is no broker giving any rates Only a few deals happened between known people in begining so you should shut your mouth and not ask anyone to sell on s2s when there is no deals now. hawa mein baate mat kiya karo. fact lekar aayo. r u ready to buy my application. If not then why are you giving such nonsense comments in beginning
Checked already. There is no deal happening. its been told it was closed as only few internal deals closed with known people. So better shut your mouth and dont ask to sell on s2s when there is no deal happening. Agar himmat hai toh tum buy karo sabke aaplication at 3000 rs and keep with urself 5500 rs.
when you dont have confirmed news and cant sell other application shut ur mouth and dont say to sell on s2s
50 P/E for a 20 crore issue. will that sustain? Its highly debt and post loss for 3 consecutive years well a big round of appluase to company and LM for playing good marketing gimmick and chasing retailer with showing subscription which too is all a game play.
The company wants to utilize 23% of issue proceeds to purchase an asset (Office Space) of Rs 4.77 crore from its very own promoter & Managing Director Mr. Nikul Jagdishchandra Patel. For all this while the company was leasing out its office space. We don't know why there is a need to change this arrangement now.
ts PAT (Profit after tax) has struggled to keep pace raising concerns about its ability to remain profitable. Perhaps it's quite evident why. The company pays about 4.5 Crores in rent. If you are operating 81 stores, you will have to staff them adequately as well. Employee expenses also run up to about 4.5 Crores. The company has borrowed significantly to fuel their expansion. You have to pay interest on it and so that's going to affect the company's profit margins. All in all they have managed to become profitable this year due to the fact that they still continue to sell their products for a premium. But for how long? That's the million dollar question.
83 p/e kis comany ka hai pehle yeh toh dekh lo because of Jubiliant foodworks the average P/E gone higher. ab Kya yeh company jo loss mein thi kuch saal pehle apne cakes ki sale ko Dominos pizza se compare kar rahe ho :) you made me laugh pehle study toh kar lo
Sheetal cool products i available at 38 P/E which is only SME listed Ab kya SME ki valuation largecap/midcap se jyada de kya?
Also , other are big brands with low debt. Iska toh debt bhi jyada hai
Waise everyone is applying beacuse they are thinking huge subscription se premim mil jayega
Small investor, You are the first person ever who is even justify the issue price No one except you is saying the price is justified as its very very expensive. sirf woh log laga rahe hain blindly who want to exit on listing day. everyone knows valuation is expensive
Please read what i have written it explain clearly why P/E i shown higher due to Jubiliant foodwork. I hope you know what sales/profits and the brand Dominos is ? do you think it deserve that price
Read in end the comments of link as well Being a fully priced issue one can take its own decision. The only correct comparision would come up with sheetal cool products which is available cheaper at 38 P/E
panthomath Ka har issue return dega kya ?Kuch toh raham karo i Ushanti. Priti. Svll. Affordable. Yeh sabne return Diya. Panthomath is the best and most successful itne issue lane keep baad BHI with more than 80 pc success rate.
how do you judge company. Do you personally visit each of them to make checks. Lol
LM carries weightage of more than 70 pc when apply. for other issue with unknown LM or new LM apply only for good valuation and business. ofcourse again you cant check the company as you dont personally visit them . Lol
HAR LM return de ye jaruri nahi .... LM other than panto also gave returns .... and good returns... har LM ka koi na koi issue return deke gya hai .... and har LM ke issue ne loss bhi diya hai ..
you mean when other LM have record of 2 out of 10 giving return and panthomath giving 8 out of 10. which one will you apply? Also give me any example of recent listing except panthoath, E2E that has jump on listing price.
despite so many issues panthomath has given returns and infact most issues have gone even up post listing. others have abd track record and also post listing have gone down
check Mark corporate all 3 issues are below issue price despite all companies were thought to be good check systematix all its issues like ccm infra, Uninfo telecom and jash. now they are below issue price . it is shameful for such Lead manager and shows their performance
question 50 P/E for a 20 crore issue. will that sustain? Its highly debt and post loss for 3 consecutive years well a big round of appluase to company and LM for playing good marketing gimmick and chasing retailer with showing subscription which too is all a game play.
The company wants to utilize 23% of issue proceeds to purchase an asset (Office Space) of Rs 4.77 crore from its very own promoter & Managing Director Mr. Nikul Jagdishchandra Patel. For all this while the company was leasing out its office space. We don't know why there is a need to change this arrangement now.
ts PAT (Profit after tax) has struggled to keep pace raising concerns about its ability to remain profitable. Perhaps it's quite evident why. The company pays about 4.5 Crores in rent. If you are operating 81 stores, you will have to staff them adequately as well. Employee expenses also run up to about 4.5 Crores. The company has borrowed significantly to fuel their expansion. You have to pay interest on it and so that's going to affect the company's profit margins. All in all they have managed to become profitable this year due to the fact that they still continue to sell their products for a premium. But for how long? That's the million dollar question.
Also big players like vadilal, kwality are struggling. Both these stocks have been hammered recently. i will avoid . this can be very very risky bet . consider it has posted losses before this could post losses in coming time
Mind yuo it does not sell to wholesaler, Its only clients are retailer .
My personal opinion . There is a great chance that this is a marketing gimmick and as I said I have also written this to SEBi. Some people are getting unnecessary excited looking at some fake subscription. Mind you not many people observed that genuine HNI never apply in 1 HR of opening of issues . This looks like fake subscription. As there is always bhed chal so people started following without looking at fundamental. It is wrong when one say high subscription means confirmed gain. We have seen it proven wrong in innovative facade SMDV. And many others . It was because everyone was just chasing the subscription. There is nothing great abt this issue as it's one of the most expensive sme .such a large issue and despite that priced at 50 pe. There are few people in this grp sending false information abt s2s .believe there is not even a single person who will buy your application.its again a false marketing strategy. So it's my personal opinion I will not apply and instead will go with fundamental good companies which are priced well. Now it is upto anyone who can take a risk or not. Also I hope SEBi takes strict action this time if subscription was fake in beginning and get cancelled
Focus on supreme engineering, Marshall machine, and lagnam sprintax. If some fii, dii comes in dangee dum then it is also worth applying. But only after seeing any bid from fii or dii.
I am again saying remain cautious with this one. Don't get too excited with subscription without looking at fundamental of company. Everyone is saying will sell on listing and. No-one is interested to hold. The people spread S2 s is all wrong as no deals is happening. Some people in this grp is also saying but not giving no. Of broker suggest it's all.fake. anyway anyone who want to take risk can do it. I don't go with bhed chal. Will apply for supreme and avoid this one.
since valuation wise supreme iengineering looks better. I am avoid Dangee dums and will apply for supreme engineering 2 application only
I dont want to go with bedh chal as this excitement will soon get over for dangee dums Its a marketing strategy which has been deployed by broker/LM to get subscription you all are forgetting about it being valued at 50 P/E.