11. Rajesh s.| Link| Bookmark|
February 6, 2024 8:15:31 AM
IPO Mentor (600+ Posts, 700+ Likes)
🗓️Date : 9 - 13 Feb ,2024 🏷️Price Band : ₹1195- ₹1258 📦Market Lot : 11 Shares 💰Appl Amt : ₹13,838 📏Size : ₹ 1600 Cr Approx 👦Retail Portion : 10% 📃 Retail Form : 1,15,046 📄HNI Small Form : 3,835 📄HNI Big Form : 7,670 🏷️Face Value : ₹10
SAY ❌ TO 1️⃣0️⃣8️⃣
10. Paymzia| Link| Bookmark|
February 6, 2024 6:58:06 AM
IPO Guru (2700+ Posts, 4700+ Likes)
Issue size 1600 cr PB 1195-1258
9. hchc| Link| Bookmark|
February 6, 2024 12:34:11 AM
Top Contributor (400+ Posts, 900+ Likes)
Opens : 9th Feb Closes : 13th Feb
9.1. whiteFox| Link| Bookmark|
February 6, 2024 6:31:30 AM
IPO Mentor (600+ Posts, 200+ Likes)
Thanks
8. hchc| Link| Bookmark|
February 6, 2024 12:30:41 AM
Top Contributor (400+ Posts, 900+ Likes)
Negative cash flows, negative EBITDA, leverage, 8% gross margins, <2% EBITDA margins...no business moat! Only exciting thing is revenue growth which is frankly meaningless in this kind of a distribution business.
Will see it getting oversubscribed from the sidelines.
@Ashish Khater ji - There are enough other options in various sorts of investment avenues and hence on the sidelines on this and any other that I feel aren't worth it. Never really felt any lack of opportunities but on the contrary have often felt lack of resources for identified opportunities :)
Keep minting!
4. whiteFox| Link| Bookmark|
February 4, 2024 11:04:38 AM
IPO Mentor (600+ Posts, 200+ Likes)
With kind of promotion this counter is receiving, as evident from dozen odd new IDs created today, my doubts on its ability to sail through have become stronger !