I applied with 1 application for 12 lots, expecting 2 lot.. Here I do not see subscription figures jumping, however if they will try to apply 5 lots UPI based applications.
Subscription Average 7.6x After rejection may be ~ 6x so 12 lot application should be good enough for 2 lots ?
78.12. Imhilli| Link| Bookmark|
July 18, 2022 5:21:43 PM
IPO Guru (1200+ Posts, 700+ Likes)
@Noorul How do you make such a close prediction on overallsubscription? Any tricks? In the past also I have seen that your predictions on overall subscription is very close. Hats off
@imhilli.. There is nothing like that.. it's just a fluke.. sometime can b gone terribly wrong. Anyways now hoping for healthy listing of healthy life.π
@Noorul... Too much focus on just π. They make dairy and bakery products too. :) :) The company sells milk powder, bakery goods, buttermilk, yogurt, butter, cheese, paneer, milk cream, dips, custard, ghee, and juices too.
78.15. MehulStk| Link| Bookmark|
July 19, 2022 1:18:27 PM
Top Contributor (400+ Posts, 100+ Likes)
Recent GST on curd, buttermilk panner Lassi can impact the listing?
@avenue.. π π.. I consume 10 days in a month . Big KFC lover. @ mehul.. this thing doesn't make impact on sme ipos.
78.17. Jetha Lal| Link| Bookmark|
July 19, 2022 5:12:07 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@Avenue Recent GST rate hike on curd, lassi, buttermilk didn't even impact Dodla Dairy πππ The way recent GST rate hike happened and even Hospital beds are brought under GST show government is showing too much greed now. It doesn't make sense to tax hospital beds and increasing rate on Solar water heater.
The greed limit of this government including all state government is touching sky. If they had guts then they should have brought Petrol & Diesel under GST and if you want more revenue then increase tax efficiency (mere 5% people pay income tax) and tax sin products heavily like Alcohol.
@Jetha Lal IPO Mentor... :) π I have both Dodla Diary and MTAR in IPO allotments. Your observations on MTAR are clear and crisp as always... And while applying for Healthy Life, I had Dodla in mind...
78.21. Jetha Lal| Link| Bookmark|
July 20, 2022 12:51:40 AM
IPO Guru (1000+ Posts, 2100+ Likes)
@Avenue Haha thanks you βΊοΈπ I think tags are customary but learning and sharing knowledge should keep on going. Honestly I feel myself as learner only:)
I got allotment of MTAR and added some quantity post listing too. I am tracking and analysing this business since then. The segments into which they operate has huge potential whether it is clean energy (Hydrogen boxes & Electrolyser), Civil Nuclear energy, Space and Defence.
The precision equipments they make are very technical in nature and it takes decades to get competence. They have long and trusted relationship with their customers and you can analyse how their oder book is growing.
Recent offloading by two of promoters (may be they needed funds because they made pledging too before they sold) made me bit uncomfortable but when I analyse business wise I find it very interesting business. By analysing everything I decided to add more and will start accumulation near 1200.
I applied for Dodla diary for just listing gain but I didn't get allotment and didn't buy post listing. Once in a quarter I just look how is it doing but not analysing it closely.