100 allotments out of 100 applications or zero out of 100 application.. dono possibility hai.. Last 60 sme aaply karne ke baad bhi allotment ki wait mai hoon.. Umeed hai 100 sme apply karne tak koi ek allotment to zaroor mil jaayegi.. Sme mai.. All the best bandhu 🌹
Application cancel kar di ( withdraw kar li ) lekin mandate accept kar ne ke baad cancel ki thi ... application cancel ho gyi par amount hold hai abhi tak So please help koi bata sakta hai kab tab unblock hoga mandate?
@Bhuvan Joining here means applying with same number of lots.
In oversubscribed SME IPOs, if you are the only one applying with 36 lots, you might not be picked for lottery. You need certain number of people in that lot category (here 36 lots) to be eligible for lottery for allotment..
It is bit more complex than that but in short this is how it works...
Please can you explain this ? I really want to understand this mathematics ! Say we apply for 7 lakh and there are 500 other people there , hiw will we get the allotment if the oversubscribed ratio is 750 times
May sound a bit illogical, but I'm thinking of skipping this one due to this hopeless 𝙍𝙚𝙜𝙞𝙨𝙩𝙧𝙖𝙧 MAS Service Ltd
11.1. MuStrFc| Link| Bookmark|
August 20, 2024 6:14:57 PM
IPO Guru (3100+ Posts, 2400+ Likes)
Assuming you are certainly getting more than Forcas in either of Orient, QVC, Ideal Techno. But what are the chances for something like that to happen?
@MuStrFc - No guarantee with others you mentioned giving more. But I feel amunition should be ready in case of any hint of Khela, ye MAS khud ki hamare saath khela karta hai 😢 Isliye I'm mostly out, just one small sized HNI application here for formality 😃
9.4. CASuraj| Link| Bookmark|
August 21, 2024 1:13:09 PM
Top Contributor (300+ Posts, 100+ Likes)
This guy must be a genius, he has reviewed all IPOs and came with the ratio of 90:10.
Kuch bhi bolo, sab chalta hai/
8. MuStrFc| Link| Bookmark|
August 19, 2024 2:38:01 AM
IPO Guru (3100+ Posts, 2400+ Likes)
Mix record of MM/LM, where more reliance if placed on MM the picture looks better. Usual SME Anchors.
It got converted recently in January 2024 into pvt ltd company and subsequently in February 2024 into public ltd company. For these very reasons the financials are bifurcated into certain periods. Still due to this the results are only till Feb 24 end, so there are slight chances that some part of Mar 24 end results are already appearing in RHP till date. Some possibility also of "End of Season Sales" from Dec to Mid Feb contributes to increased revenues in the 45 day period but it does reflect the urgency to convert to public ltd to bring in the IPO.
Good promoter background and biz history. Co. has managed to penetrate its brand in the right consumer segment and at good price levels, which does not fall in the discretionary buying level and hence appeals better to the consumers.
Online brand sales is rated fairly good at Flipkart, Meesho, Amazon etc. Wholesale biz is relatively flat, while White labelling for other brands like V-Mart, V2, City Kart, Metro Retail is decreasing and does not really add much value, but in turn bodes well for brand building. Good product range with over 1200 SKUs to cater to Men. Co. does have some initial plans to enter women segment and children segment going ahead.
Issue objectives include warehouse upgradation, repayment of borrowings and catering to working capital requirements. Increasing storage capacity by 1.5x from 8 lakh pieces currently to 20 lakh piecs should get operational by Oct 24 in best possible terms so possibly shows results in H2 FY 25.
Borrowings reduction adds close to 0.17 cr in PAT. Average revenues for both bifurcated periods comes close to 110 cr FY24 revenues and with PAT margins at close to 7%, PAT comes close to 7.87 cr with finance cost reduction added in. Thus, its priced close to 18 P/E. If the working capital estimates coupled with warehouse implementation and seasonal sales factored in, and if all work in unison then it is priced attractively, but there is lack of certainty in that due to pressure on margins. Peer comparison with Aditya Birla reflects little value as Aditya Birla is already under PAT losses.
The RTA has had poor track record of releasing funds on T+2 day in working hours at least couple of times. While Mas could have rectified it, still those who want to use Forcas funds in issues closing on 23rd need to be careful.
7.1. MuStrFc| Link| Bookmark|
August 18, 2024 1:59:40 AM
IPO Guru (3100+ Posts, 2400+ Likes)
On top of that it also gives a trailer before releasing allotment so that people don't hang up their servers in anticipation 😆😆
Haha! Yes :-) And a rather shoddily made trailer! And even then it crashes for some time.
6. IPOFreak| Link| Bookmark|
August 16, 2024 8:30:00 PM
Top Contributor (200+ Posts, 100+ Likes)
LM is awesome at GMP manipulation. GMP of Baba Food was 40% before issue closure and it listed at discount. GMP of Shree Karni was 100-140%+ before issue closure and it listed at 20% GMP of MVK Agro was +ve before issue closure and it listed at deep discount% Cant trust GMP at all..Nothing special about the company too...
6.1. StarGarage| Link| Bookmark|
August 19, 2024 10:33:25 AM
IPO Mentor (500+ Posts, 200+ Likes)
Agree. Even the Name of Company is manipulated. They added Studio in the name and at first instance it looks like its a movie producing company or VFX provider. But its just another clothing brand.