JSW Infrastructure Limited IPO Message Board (Page 37)

Premium kiya hai

Buyer 18

Number of applications in BHNI? Expected BHNI subscription, Please

Hello everyone, I have 21L to apply Jsw, could anyone help me, how I should go for this ipo, I have 60+ demats, I used to apply in retail till now..
But from now onwards I want to apply in BHNI or SHNI
​@Trueinfo @newgen consultancy @GrayIsTheNewBlack

@Shivam Agrawal Rama, you can go for 54 retail and 6 sHNI.

Mentors please provide priority for the below ipos:

1. JSW
2. digikore
3. saakshi
4. inspire

Keep away from SME for some time unless you are really sure with fundamentals

JSW, Digikore, Saakshi should apply
Inspire shouldn't apply

Though businesswise I prefer JSW and Digikore and not Saakshi so much!

Keep minting!

Company operates through 6 locations in India and 2 in Middle East. It is an excellent proxy investors betting on India manufacturing story, export story, growth story.
Excellent cash flow for last 3 fiscal and Q1FY24. Cash used for debt repayment and investing in business assets.
EBITDA margin consistently above 53% for last 3 years
Capacity utilisation improving YoY, from a low of 35% in 20-21 to 62% for Q1FY24. And still lot of headroom to improve. Any improvement will straight away increase profitability.
Bank term loans interest rate likely to be 8.5% to 10% (spread ranging between 0.25% to 1.50%). Secured notes of Rs 3282 cr, as on 30-Jun-23 are at interest rate of 4.95%.
Of the IPO proceeds, Rs 880 cr will go towards debt repayment which will further bring down interest cost.
Group customers contribute 63.4% of total cargo handled and it has come down from 75.2% in 20-21. It also shows company is successful in attracting other customers and broad basing its revenue source. Around 88% of the cargo handled is iron ore and coal, in line with JSW groups large presence in steel and power. Cargo evacuation is distributed among road, rail, waterways and conveyor modes.
Remaining funds will be used to develop Mangalore container terminal, Jaigarh terminal for increasing contribution of containers, LPG, LNG and liquid bulk.
As on 30-Jun-23 company carries a provision for bad debt of Rs 13.6 cr which is surprising given the customer and cargo mix it handles. Out of receivables of Rs 355 cr, Rs 15 is outstanding for more than 6 months.
Seasoned investors Madhu Kela (Cohesion MK) and Sunil Singhania (Abakkus) among others are part of a excellent anchor book.

Sakshi Medtech SME ipo ka bhi review krdo

Hello everyone, I have 21L to apply Jsw, could anyone help me, how I should go for this ipo, I have 60+ demats, I used to apply in retail till now..
But from now onwards I want to apply in BHNI or SHNI

@Prashant rathi I used to apply from different accounts using Asba

Applied 10 shni and 21 retail

1/10 Shni
5/21 Retail

@Bahubali IPO thanks for your suggestion

May do quite well within 6-8 months of listing

How come post P/E multiple is less than pre P/E showing on chittorgarh website?
@Admin @ Chittorgarh.com

Yes, even I noticed this and thought of asking here, but got busy with work and forgot.

Only for learning purpose.
Came back from where it started the journey and completed one whole circle.
QIB subscribed 152X and it was highly in demanded.
I personally made ~80-90% gain in this IPO and exited around 550 because growth & valuation were unjustified for me and at that time P/E was of 120X.

When valuation gets crazy and growth numbers disappoint then this kind of chart is formed.

I feel it will consolidate more and do time correction and maybe someday it will run again. I am just observing it as of now.

Note : No buy or sell, just learning.

​@Rich Guy 😉 Ji,
I think you have bought at good price and it will do good over long time but first it will do time correction i.e stock will remain in a range over some period of time.
Campus is a good company with decent market share in sports & athleisure segment. Now they are facing some margin pressure because of surge in input cost and competition from player like Decathlon. Recent one of key managerial person resigned as well I think Mr. Peyush Singh.
It is from consumption company and consumption sector company should do well in india over long period of time.

Thanks 🙏

​@Jetha Lal Thank you Sir for your suggestion. I really appreciate. 🙏🏻

Main GMP:
JSW Infra 15.97%
Updater 0.00%

SME GMP:
Digikore 67.25%
Saakshi 41.24%
Inspire 40.68%
Arabian 28.57%
Newjaisa 14.89%

I am planning to apply only JSW Infra & Digikore and skip all the rest on 27th due to
- market volatility (Euphoria+Fear)
- IPOs like Kundan & Chavda
- ASM and T2T framework for SME (don't know much about this now)
- Huge Increase in Supply of IPOs as compared to Demand from investors...

Is this safe choice? Or should I apply in Saakshi & Inspire too?

Experts, please share your opinions.

US mkt falls again, I wonder at what extent Indian market can fall. I didn't invested anything in stock market. Shall I start to build my portfolio? Or I should wait. Your comments will be valuable to me. Thanks 🙏

Tindu Mindu, nice name btw.
Dont watch US markets, you are investing in specific stocks which have more or less zero correlation with other markets gain/loss. So be stock specific, define your goal, timeline and invest. If you will wait for market to fall it may take 2 more years , who knows, none can time it.
Your strategy shld be to pick those which are falling despite good results. For starters hdfc bnk is best for longer terms(>3 yrs) and never invest in one go. Since you are starting build with bluechips first, which have valuation in line these days. Cheers

Thankyou for your reply. Chittorgarh forum has a really nice members with a ton of knowledge. I appreciate this.

Hi-Green allotment out.
More funds will be available tomo for JSW & other 3 SMEs.

Marco cable and master components fund as well. Hopefully subs will fly now 🚀.

​@Trueinfo Sir,for SHNI SUBSCRIPTION WISE AND APPL WISE? HOW MUCH SIR?

I think 15 to 18

Any chance of list in t+3 ???

SME walo ke L lag gye..ab sab mainboard me aaynge chahe 5% hi mile :P

@Anuj agarwal sir, nahi samajh me aaya, please.

I think for long term SME investor it's a good news.

Jaha sab extreme positive lagta hai waha mostly Paisa nahi banta - Baba Ranchod Das

"Jaha sab extreme positive lagta hai" dhakk se Spectrum yaad aa jata hai 😂😂

jsw energy gives return to investor after so many years so donot hope much better shift to plaza cables

FINCARE SMALL FINANCE BANK FILES DHRP WITH SEBI
FV: 10 Rs
OFS: 17,000,000
SIZE: 625 Cr
BRLM: JM Financial and Kotak Mahindra Capital

Applied 3 SHNI today, will apply 3 more SHNI tomorrow

JSW Infra , financial looks good . Apply for long term atleast for 3 years.
Chances of discount listing is nil.
QIB will subscribe this issue heavily ( more than 20 25k crore) tomorrow after 2 pm
Listing gain 10 to 25 percent expected.