Ideal Technoplast Industries Limited IPO Message Board (Page 2)

Was stuck in some work so couldn't post in time.

The sub 20 priced P/E, LM and MM record, plus lower equity than other QVC Exports without QIB all goes in well for a decent listing.

But the sheer jump in financials in IPO year, plus the advertent comparison with peers for FY24 rather than FY23 which makes look Ideal Technoplast relatively cheap at 60 cr Market Cap does raise some doubts. TPL Plastech which is at similar Mkt Cap/Sales is having some struggles after a decent run up.

The difference in FY23 and FY24 does not involve the new proposed milk can objectives, and the already innovative methods for square design is already factored into the price.

Giving the benefit of doubt between either the two, took a reasonable bet to apply. That's how i viewed it.

​@Diligent IPO Learner

​@MuStrFc Fantastic analysis. Good to learn from you always😇😊💯

Global market conditions bode a good week ahead for Indian markets. So that's also supportive.

​@rohiitian @MuStrFc 

Allotted 1 here

Likewise. Was expecting 2, but got 1 only

Alloted one lot thanks to@rohiitian sir

Congrats @Diligent IPO Learner @rohiitian @Mmtfa 

Hope so it surprises on the upside !!

Allotted one lot. Hope to get somewhat reasonable positive listing.

Congrats Sir. Fed up streak broken !! @DEVBULL