Apologies🌷 for this delayed⌛ response (or re-response, maybe🤔😅). As always, it is nice👌 to read📖 all of your views👀, and I hope our interaction🕊️ will further enrich🎐 in with bear🐻.
@Jonsnow Im also stuck in Park hotels! Brutal 20% down after Q3 results! Now that the anchor lockin expiry is over, hope the stock has made it’s low & tend to bounce back!!
@Jonsnow@V Sneha Nothing, absolutely nothing wrong with the company. They're adding 5 new hotels and have dealt with the debt in style. But since JM Financials was one of the lead managers to that issue, the operator must have thought of playing off against the investors. IMO, It's a typical buy when others are wary kind of situation.
Not an expert.. But having a large quantity of park hotel in the portfolio.. & have added more quantity in today downfall... # Will add more on every downfall...
# This is my personal conviction only.. # I am going to hold this share for atleast march 2025 financial results..
# No recommendation.. No advice.. #Although nothing is certain in share market..But I hope this share will definitely bounce back.. In future.. !!
@sdz , I din't get RKS, Mufti in any of my BHNI applications. I am unable to place MMF??, but may have applied. I wish you a happy listing in RKS.
121.4. sdz| Link| Bookmark|
March 11, 2024 4:59:38 PM
IPO Guru (1200+ Posts, 500+ Likes)
Thanks. Only hope in Gopal snacks is that it’s PE is 45 vs. Bikaji’s 70 PE. Hope i get allotment only if it is going to list in positive and rise above 450 after open 😀
Allotment 1/2 BHNI will get (shni) 1/9 shni will get allotment 1/3.75 will get allotment of 1 lot As per current subscription
Applied 5 retail applications with asba, avoided BHNI here
Listing will flat to positive, those who applied for listing gains only should exit in preopen
Those who have longer term views should hold with s/l of 360
Growth depends on rural demand and general elections can flows funds in hands of rural population which boost entire rural economy and FMCG sector will grow faster,so keep an eye on q1 q2 2025
March is always dragging down 👎 for stock market as investors are looking for profit booking and profit/loss harvesting to save LTCG/STCG
These are my personal views and not any advice or suggestions
For those who applied via UPI can declined mandate and buy after listing if feeling comfortable
4th largest ethnic snacks company dealing in unhealthy snacks is something that is driving me to apply for this. Bikaji. although a national player, in Nov 2022 also had a similar IPO with aggressive pricing. Taking some risk with 2 applications for now.
Of course. Snack food industry is pegged to grow at an annual CAGR (revenue) of 17% in India. 1 in 5 adults in India are obese. It's all gloomy, but why wouldn't we want to ride the wave? I like to separate my investments with my ideologies.
However, this doesn't address the other concerns highlighted by other members. Gopal Namkeen is definitely a risky bet.
Always in restraint of Mrs. Crow.
113.3. PUSHPaa| Link| Bookmark|
March 11, 2024 2:30:46 PM
Top Contributor (200+ Posts, 100+ Likes)
@Crow Accepted mandate or not?? Risk hai tho ishq hai..now a days allotment na mumkin hora.., iss namkeen mey mumkin ka chances dikraha.. @Heritage Wale Waiting for ur sources??
112. svh| Link| Bookmark|
March 11, 2024 11:29:01 AM
IPO Guru (2600+ Posts, 3700+ Likes)
Pro & Con beyond fundamental
Pro - Rajkot based company. Usually Rajkot based company is not listing in discount. 99% chance of positive listing. 1% anything can happen in stock market. Jyoti was very aggressively priced but still listed positive. Gopal can follow Jyot!.
Con - JM Finance is one of the lead manager of the issue on which SEBI has taken strict action recently for IPO funding. After this action from SEBI , premium falls drastically.
🙏👍
112.1. svh| Link| Bookmark|
March 11, 2024 4:39:42 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Finally applied firmly from all of my retail accounts. Feeling Optimistic for Rajkot company. Fingers crossed for allotment.
QIB subscriptions look decent. Small listing gains possible. Still somewhat better that ongoing SME IPO's having huge listing gains but those very-very small chances of allocation. So small gain in GOPAL >= 0 gain in SME
Anyone Who applied GOPAL BHNI open and want to Cancel can apply Retail application from same Pan Number to get it Rejected by Registrar🙏✅👍 Very Weak QIb Numbers 🔻🔻🔻 Negative Listing Chance increase