Italian Edibles Limited IPO Message Board (Page 4)

​@M Gupta have you applied?

Very strange, no buyer at all, still oversubscribed by 175 times. Excess money chasing anything.

@M Gupta Buyer at 11 available

​@M Gupta i have been allotted first ever sme of harshdeep hortico, i am still holding it because of lc everyday since listing. please give your valuable input whether i must hold and for how long, i saw you bought also at lc. waiting for your valuable input

HOS buyer 10/-

@ M Gupta , sorry off the topic on this page, I asked about harshdeep hortico, not Italian edibles . I have been allotted first ever sme and it’s giving Lc since opening, so what’s your view on that, do you think will it bounce back

As on 04.02 pm, the QIP participation is 10.86 times, NII=166.45, Total of both = Others = 177.31 times. (As per NSE Data)

Anybody is there in the 103 lot size in our group? If I am the single applicant in this lot size, I will get sure allotment.

@devbull did you invested 1 crore 40 lakhs just to get 1 lot of this risky IPO ?
With that investment you can look into secondary market.

@Wanderlust:
This is not new investing. This is utilization of already invested amount in FDs fetching high interest rate. I am a senior citizen aged 67 years. I was in the secondary market for several years. Now I have restricted my activities and concentrating on IPOs only. Further, I apply for listing gains only and not for holding it.

Understand @DEVBULL Sir, appreciate your strategy. I can say you are experienced bull.. keep educating young investors. 🙏

​@DEVBULL 
Sir, I am also a Senior Citizen ( 62 Yrs) still invested in secondary market but try luck in SME / Main Board IPOs with 1 or 2 lots from single account. Please let us know if this SME allotted to you.

Allotted 1 lot for my 103 lots single hni app

​@DEVBULL 
Congratulations Sir.

Congrats @DEVBULL  🙏

Congratulations 🎉🎉

Congrats @DEVBULL

Thank you @SP Dhua, @Basuvr, @Tejas Pandya, @Pangaj Don’t be like me, @Wanderlust, @MuStrFc. Next test is on Listing Day. Let us hope for good listing.
Congratulations to all allottees. For Non-Allottees, better luck next time.

Hi @DEVBULL  Sir,

Sold your lot?

If you start subscribing to every junk at expansive valuation , that is clear enough signal to upcoming issues , to come at unreasonable valuations .

Who will be looser in such a scenario ?? Addiction and desperation are wealth destroyer , discipline and patience is must have asset , to make any meaningful gains in market /life.

😟

आईपीओ का चक्कर बाबू भाई आईपीओ का चक्कर , ये नशा है ही ऐसा लगाना पड़ेगा

Let stop applying than ?

Jo chal raha hai, chalne do. Accha hi hai.......listing gain milna chahiye.
Apply and sell on listing. What is wrong in it.

Hold mat kar, 2-4 baar loss hoga......sab apne aap sudhar jayega.

Seems ok to apply for moderate (15-30%) listing gains I feel @MuStrFc @GrayIsTheNewBlack 

Quite reasonable on EV/Sales (1.4x) basis compared to Tapi (2.6x) and Lotus (3x), same for EV/EBITDA (11x vs 75x for Tapi, and negative EBITDA for Lotus)

Overall, PE of 19 is not bad with a decent EBITDA (13%) and PAT (7%) profiles. Planned debt clearance will help improve bottom line by another 50L

Revenue degrowth is concerning, but seems more like the revenue growth in '21 was an aberration due to surge in lollipop sales. And they have enough capacity now and in plans to grow 20% YoY for another 3 years.

​@MuStrFc , I'm applying in this one (with whatever money left after Apeejay).
I feel this does carry some risk of discount listing.
One should apply only if they are okay with taking some risk.
Also, LM record (which is quite important when it comes to SME IPO's) is pretty average.

P.S. Grey market buying is stopped in this one from what I heard last from the broker.

Thanks for confirming members. @rohiitian @GrayIsTheNewBlack 

The positive cash from operations (somewhat dubious or not), capacity expansion, promoter experience, debt repayment are the factors due to which i utilised the balance funds after Apeejay in this.

Applied 40/40/10/10/10

It's actually a decent size issue with 12.65 Cr allocation for HNI (and technically QIBs, but usually only HNIs come in fix price issues). HNI quota here is larger than Alpex Solar. So I'm not expecting more than 120-130x here. Let's see.

​@rohiitian  , Coincidentally joined your 40/40 lots.
I think 1 lot will be allotted to each of us.

​@rohiitian , don't underestimate the power of IPO applicants 150x+ 💪💪 :P

​@GrayIsTheNewBlack I should just stop estimating IPO subscriptions altogether :/

@svh Fingers crossed, but given final subscriptions looks like only one of us will get

​@svh didn't get in 40 lot apps, so good chance you would have got?

​@rohiitian  , yes got it.

Got 1 allotment out of 7 applications of 10 lots and 0/3 in retail.
@svh Sir, Pata nahi khush hoye ya nahi, kya lag rha hai ?
@rohiitian - bro you are being consistently unlucky with these mediocre IPO's , but then luckily good ones are compensating well for you :)

​@GrayIsTheNewBlack  Sir , 😁😁

Double khushi mili. 2 lots allotted.

Italian edible ki khushi Italian pizza jaisi lag rahi hai.

​@GrayIsTheNewBlack pata nahi kush hona hai ya nahi :/ mostly my retail SME allotment is done for the year

Maybe that's why I'm trying to find other workarounds to improve chances - 1 assured lot is better than having chance of getting either 0 or 1 or 2

Congratulations @svh , @GrayIsTheNewBlack and other for the allotment.

Got 0 for my 10 lot application
🙏

​@GrayIsTheNewBlack @svh Congratulations 👏🏼👏🏼
​

Thank you friends for all your complements and best wishes.

Wishing you all the best for all the running and upcoming IPOs.

Congrats on allotment !! @GrayIsTheNewBlack @svh @DEVBULL

​@GrayIsTheNewBlack @lokes @rohiitian @KAPPO @Noorul Have you applied here ?

​@Anshujii Yet to go through the issue properly. Will formulate my view tomorrow.

Since you've applied, what's your bull case & listing expectation here?

Oho..just realised it's second day only..I applied thinking it's last day..gmp is steady

Yes

Applying multiple retail applications