46. Abhii VPG| Link| Bookmark|
June 27, 2023 10:41:53 AM
IPO Mentor (900+ Posts, 300+ Likes)
Surprised too see this good GMP in Greenchef! Financials seems okayish to me, incosistent bottom line & Debt is high.
Also we deal in its products, they cater low- mid segment, product quality is above average, the only problem is its still not a renowned name in the market! One positive I see here is good Qib portion. #justaview
45. Trueinfo| Link| Bookmark|
June 27, 2023 9:23:27 AM
IPO Guru (1800+ Posts, 1700+ Likes)
U r r8.. Never take bet on merchant banker..bet on gud company as merchant banker every month new ipo Lata hai , every company ko sambhalna possible nhi hota..achi company hogi to investors sambhal lenge usko
38.1. svh| Link| Bookmark|
June 27, 2023 11:00:04 AM
IPO Guru (2400+ Posts, 3600+ Likes)
idea essen green cyient penta Avoiding magson completely
ππ
38.2. lokes| Link| Bookmark|
June 27, 2023 11:12:58 AM
IPO Guru (4400+ Posts, 5100+ Likes)
All 5 (greenchef,essen,pentagon,ideaforge, cyient) are good, apply as per funds availability, everything will be lottery only until unless someone has huge funds.... if less funds then try in greenchef and essen and 1 retail application in ideaforge and cyient...
38.3. Sharvam| Link| Bookmark|
June 27, 2023 11:13:30 AM
IPO Guru (1000+ Posts, 700+ Likes)
Safe bets with higher chances of allotment in order:: Cyient Idea Green Essen
Risky bets with very high chances of allotment Penta Magson
38.4. antarix| Link| Bookmark|
June 27, 2023 2:21:20 PM
IPO Guru (1100+ Posts, 700+ Likes)
I will apply one SHNI lot each in Idea and Cyient and remaining amount distributed in Essen and Green.
38.5. Trueinfo| Link| Bookmark|
June 27, 2023 2:57:04 PM
IPO Guru (1800+ Posts, 1700+ Likes)
Two SMEs are closing on 27th and one main line opening on 26th. To take decision for SME is very difficult. Both are for more than 50 cr in size. GMP at about +40% or so. Greenchef from Bangalore has direct competition with well established national brand TTK Prestige. A very well accepted brand. I have visited TTK 's office in Jaya Nagar, Bangalore in 2009. For free flow funds holder may also face some problem in applying such long que. Need to leave some according to personal financial capacity. Better 2 SMEs closing on 27th and 2 of Main line IPOs will be my first choice. For me as never got any SME allotment, I am going for sHNI first and one retail in IPO.
Sir appreciate your presence on this forum, no point of mentioning about a visit that took 15 years ago if readers won't get to know purpose and outcome/findings of it and after 15 yrs wouldn't matter much