Gopal Snacks Limited IPO Message Board (Page 8)

Skipping this one👎

Till now most subscribed quota is employees quota.
Are they fool or not knowing the company....

​@Bullrunner Employee quota is just 0.59% that is why the subscription figure looks large..😊😊

Also There is a Discount of Around 8-9%

So If Even It lists 1-2% in Discount
They will get a profitable exit

Muthoot Microfin...Epack durables...Mufti Jeans... these are some of the recent ipos which have destoyed investors wealth like anything...despite decent financials these have destroyed wealth primarily due to the reason they dont have anything unique in their business model like Azad Engineering and Inox CVBA..i have s strong intitution that both RKSwamy and Gopal snacks will list negative

As per my experience,
GOPAL products are mostly selling in remote areas as well as t2-t3 cities and villages in Gujarat,
Cosmopolitan and urban areas are preferring BALAJI over GOPAL

Taste and spicy ness of BALAJI is far better
I personally buy BALAJI products more than gopal

One very positive aspect is reduction in the debt by the Company. Now it has a very small debt of Rs.26 cr. only.

Not applying here

Premium may pick up,employees are very confident i guess

17 Seller Now
Pressure In GMP
Bad Sentiment

Our Verdict Was

High Risk Takers Can Apply For Long-term

High Risk Takers Can Apply for 5-6% listing gains
On Lower side 3-5% listing loss

Heard than even 13-14 seller available

Seems Week Subscription from Karan Arjun
And even Retailers

Avoid completely good opportunity in main market trying to buy some quality midcap in correction in march

Those who are applying, react here.
👍

Applied 2 Reatil
Might apply 1 more retail if subscription in QIB is good

No allotement
0/2

Can someone throw light on NLC ofs?
Experts pls share your views..

Not applying

Issued share capital from 1-Apr-15 to 9-Jan-23 was 11,32,767 shares
In Nov-22, Bipin Hadvani (promoter) bought out his brothers 30% stake for Rs 517 cr (media reports).
That works out as Rs 15214 per share.
Post that there was 10:1 bonus and FV split from Rs 10 to Rs 1. So adjusted cost comes to Rs138 per share.
In Mar-24, after15 months, promoter is diluting his stake @ Rs 401 per share, a 3X jump.
Has the business grown so much in 15 months to justify a 3X jump in valuation?
6 months back, private placement was done in Oct-23 @ Rs 321 per share which is 20% discount to IPO price.

​@YBPK Thank you sir.
Some crucial points highlighted by you as always.
Keep updating your views for our knowledge and decision making and simple understanding.

Hello ,
Will there be a share holder quota in waree group ipo ???
Or any other ipo expected in next 2-3 months in which we can expect a shareholder quota ??
Kindly revert if you guys have any idea

Thanks in advance

Exact Same kind of atmosphere is there which was during Jyoti CNC Ipo. Less GMP, company from Rajkot, negative sentiments. I personally feel that this will do well on listing like Jyoti.

Now this IPO of Gopal Snacks is talk of the town because of Rajkot, Gujarat. In last 31 months or so 2 Main line IPO got listed and one is going to close for subscription tomorrow. Will be listed during the week. Subscription of Gopal is not attractive at all. May get better subscription figures tomorrow when funds of past issues will be unblocked. I am trying to bring in notice the facts and figures of these issues for perusal.

1. ROLEX RINGS :
Closing date : 30.07.21. GMP. 60%. GMP opening day 48.33% means increase in GMP. FV 10/- Issue price 900. Fresh 56 cr. OFS 675 Crs. Total 731 crs. Subscription : QIB 143.55x. HNI 360.11x, Retail 24.49x. Listed BSE 1249 below Closing day GMP. Closed at 1166. 52wk. high 2613.45 and low 1800.55

2. JYOTO CNC :
Closing 11.01.24 GMP 14.5%. Opening day GMP 23.26% means decrease in GMP. Before listing GMP was 14.5% again at lower level. FV 2/-. Issue price 331. Total fresh issue of 1,000 crs. Subscription QIB 46.37x, HNI 38.33x, Retail 27.5%. Listed BSE 372 below Closing day GMP. Closed at 433.15. 52 wk high 673.30, low 370.50.

3. GOPAL SNACKS :
Closing tomorrow 11.03.24. GMP about 6% on 10.03.24. Opening day GMP 11.22% means decrease in GMP. Listing not possible to predict. Difficult to say for closing. FV 1/-. Issue Price 401. Total OFS of 650crs.

In view of the above facts and figures, the IPO of GOPAL SNACKS not looking good. The products of Gopal need to be observed also in comparison to two others. Difficult to compare also.
Please Members, take your own decision according to your risk appetite. Even lucrative figures of QIB tomorrow should not be a reason to subscribe for small and medium level investors. Don't keep your heart under pressure. You are only the best judge to decide your investment.
My views only and not in favor or against the IPO subscription. I may also be excused if made any mistake in this post.
Thanks for reading such a long post.

Surat Based Leading Infrastructure Turkney Solutions, Power Transmission And Distribution And EPC

TransRail Lighting Limited Files DRHP with SEBI

Issue Size :
Fresh - 450 cr
OFS - 1,01,60,000 Shares

*Company May Consider Pre-IPO Placement of 50 cr

FV : 2 /-
Retail : 35%
Employee Quota : Yes

Financials FY23 :
Revenue - 3172 cr
PAT - 107.6 cr

H1FY24 :
Revenue - 1860.8 cr
PAT - 84.9 cr

Seems A Very Good Company
First Of All Gujarat Based ,
Robust Financials

Prima Facie Around 800 cr Issue

Small listing gain posibal.
600 to 1000 rs

QIB May not touch 10 times. Then risk of discount listing. Not applying.

Be Cautious next week Guys

​@IPO GURU.  you could have elaborated on the same stating it as your pov but just blandly stating it would be of no use to anyone sir

No views for nxt couple of days...

Will update soon