Entero Healthcare Solutions Limited IPO Message Board (Page 11)

Don't invest only on the basis of anchor investor,in India every one has a rate so they can attract retail investor,if the company is really good then why there is no mutual fund, are they all unable to find value in it.....Beware this IPO whose anchor investor looks similar to Paytm anchor investor....I m not applying in these distributor business with no profit at insane valuation...

Irrespective of good anchor list we have to consider the valuation and growth prospects of the company. Paytm, Policybazaar had wonderful Anchor list but we have seen how the companies have performed at the time of listing and after listing.

If the valuation is expensive, IPO price is discounting couple of future year earnings in that case margin of safety is very less and if market corrects or company does not meet the growth expectations then these are the first stocks to get corrected massively.

You are missing woods for the trees. Valuation is more important than size. Tata Technologies gave much superior returns than Credo, Muthoot Micro finance, Suraj Real estate even though it is bigger in IPO size and market cap.

No one is comparing to Patym and Policybazaar. Just trying to caution what will happen if valuations are expensive and just gave some examples. After couple of weeks, policy bazaar went down by more than 50% from IPO price and we all know what happened to Paytm (more than 80% down from IPO price bcoz of ridiculous valuation).

I believe you see IPOs as only for listing gains without considering risks whereas many HNIs and retailers would like to keep for long term provided company is growing at reasonable price by taking calculated risk.

"I believe you see IPOs as only for listing gains without considering risks"

Well not that I wanna argue about the above statement but I generally Apply 20+ BHNI in IPOs I consider worth applying.. So to say I apply such big amount without considering the risk would be an overstatement.. 😊😊

My only point was you are comparing apples with oranges without giving a valid argument.
And yes valuation does matter but size also matters a lot.. You compared 18k crore IPO with 1.8k crore IPO.. To buy retailers portion on listing with a size like PAYTM is herculean task.. but same is doable with 1.8k size IPO..

Also I did give a disclaimer about this IPO too.. and yes some people apply for long term.. Some for short term and some just for listing gains..

And there is nothing wrong in any of the above strategies..

Nevertheless, all the best to you..

Anchor list 🔥

Mirae asset Mutual fund invested well kuch to thik hi hoga is ipo me well will see on 3rd day

Some eye catching names among anchors list

Government of Singapore.
Barclays multi manager plc.
Morgan Stanley.
Goldman Sachs (Singapore)

It's only Pharma distributor. And not a pharma company...then how could ask such a rich valuations?

True bhai

As a Distributors..or Chain Distributors in pharma with operational margins of 3-4% .I think it's fishy

Shouldn't dismiss this IPO prima facie.

While it is expensive, it's got a lot of ingredients the big market players like - extraordinary growth (biz is only 6 years old), aggressive promoters (see recent interviews), proof of profits etc. The RHP also hints at strong forward growth based on working capital projections (2-2.5x scale in just 2 years). Also retail only has 10%, which generally corelates with post-listing upside.

Would be very interested in Anchor book and QIB subs in this one.

@rohiitian thanks sir🙏 ji for ur response. Now let's see tomorrow after 2pm the subscription game . sorry for being reply late.

​@GrayIsTheNewBlack When I wrote this msg, I was under the impression the MCap was ~3000 Cr (the figure CG still shows), but that seems incorrect and correct Mcap is ~5500 Cr. This is where I'm struggling.

Lot of what I said I believe, but at this higher valuation, its being treated like a startup, but without any tech moat or brand built - only moat you can argue is a playbook on company acquisition, which means there can be high confidence on future rev. growth.

Will have to see what QIBs have in store tomorrow, but I don't think I have guts to stake so much money. Keen to know your final view also on this biz.

Hello Everyone sorry for offtopic but i am facing this issue from 1 month please help. I opened my account in fyers and now i am opening daughter's minor account in Fyers then it is showing this "Date of birth should not be more than 17 years", My daughter's age is 17+ but she is still below 18 what is wrong here please help. I also asked from fyers several times but they are not replying nor ever calling back.

Unfortunately not sure how things work at FYERS. There are other good broker who can help with minor account. Prostock is one of them . Dhan is another one I heard. These are cost effective choice. Hope this helps

*ENTERO HEALTH*

Ahmedabad rates :

*Retail 15k*
Sub2 900

*SHNI 2LAKH+*
Sub2 13,500

*BHNI 10LAKH+*
FIX 3500
Sub2 13,500

GMP 150

Sir GMP is showing 100 now
Hope for positive

अब भैसे गए पानी में !

1. The only consistent thing in this company's performance is its steadily increasing debt.
2. PE ratio > 100 and issue price of > 1200 shows how everybody is taking advantage of bull market sentiments.

In that context leave aside price per share and market cap for once, and focus on P/E which is considered a better metric, does that justify this IPO? @Redfox

​@Redfox @roshnisindhi agar aap ko valuation reasonable laga raha hai to aap apply karo mana kis ne kiya hai lekin ab promotion mat karo iss ka. yaha par bas aap ka promotion hee dikh raha hai.

Opening GMP: 160

What a joke, Rs1295/share It appears management of this company is either too iver confident ir feel there are millions if fools who will come running and apply for their IPO. No track record, no special product, just a medicine distributing loss making Company, want to sell their loss. They will spend few crores in market and create some fancy GMP too. So beware all those who just watch GMP and jump the roof. Check where will you land before jumping.

Total agree with you.. 😅

Clear avoid candidate

Another paytm on cards !!!
What do you think ?

YES IT IS LIKE PAYTM. NEED CAUTION

What is the Record date of holding BOB share to get the shareholding quota of Enter Healthcare IPO?

And who told this IPO has SH quota 😂

Entero is not subsidiary of BOB.

India first life Insurance is subsidiary of BOB. It has filed DRHP with SEBI last year march.

So it has to come to IPO before end of March 2024. Otherwise they have to file fresh DRHP again

Off topic question?
Has the dream run for IREDA has ended?
Seniors please share your views on it
Thanks in Advance

Dear @newgen consultancy And other respected members any update about bajaj auto buyback?

Ok sir

Buyback page - https://www.chittorgarh.com/buyback/bajaj-auto-buyback-2024/157/

Buy / Hold just 1 share of BOB to reap the benefit of shareholder quota in INDIA 1st IPO. 🙂 ⬇️

When is this IPO coming?

There is uncertainty about ific ipo as what price company looking to launch ipo market is not supporting. Lic just come near to it offer price.

Looks expensive and risky.

If u see fundamentals... Never willing to apply...

But some points will confused u to apply or not...
1. QIB = 75% Retail = only 10%
2. Mauritius Fund in promoter group

In Loss making companies retail quota is only 10% to safeguard retailers.

I have a question which is out of the box. Can a single person can open 2-3 DMAT account in his name.
Please anyone help me with this. As I am applying to IPO from past 2.5 years. Not even a single IPO allotted.

​@SHIVAKUMAR Y I will suggest to open new demat and trading account..it has been observed by many that after opening new demat and trading account they got allotment..All the best 👍🏼..

If it was allowed to apply for IPO from multiple dmat account I would not have stopped with 2-3 accounts. I would have opened accounts with all brokers and would have applied hundreds of application.
For reference some scam happened in Yes bank IPO when few affluent people got fake accounts and had applied multiple applications.

RHP link
https://www.enterohealthcare.com/investor/initial-public-offer/documents/RHP.pdf