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Jyoti CNC Automation Limited IPO Message Board (Page 30)

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178. Diligent IPO Learner |   Link |  Bookmark | January 4, 2024 8:27:47 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
@Admin @ Chittorgarh.com @Prachi @ Team Chittorgarh.com @Dilip Davda Very disappointed as to how things are turning out to be.

The team has openly overlooked the evil deeds of Crazy xyz/Mukesh Elon Adaani. Sorry to say but now the Chittorgarh comments section has lost its sanctity and surprised to see that there is not even an intent on the admin's side to control this.

I remember the admin once stating that they want more visitors to Chittorgarh Forum. They can only dream of it and after seeing the nonchalant attitude of the admins, I'm sure of it being a distant dream with least possibility of execution.

Although the admins have been doing great work in running this site for all of us, personal provoking comments from any miscreant shall not be tolerated by anyone.

Atleast for this reason, step up and take some action to stop miscreants entering.

A personal suggestion would be to do sufficient background checks before permitting anyone as a new member and disabling the id of existing miscreant members.

Hope all the members will agree with this suggestion of mine.
178.1. Ascension |   Link |  Bookmark | January 5, 2024 11:47:03 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
@Admin @ Chittorgarh.com @Diligent IPO Learner 
I remember admin giving requested features right away on requesting, that is not the case anymore.
if can't do moderating all comments yourself , I request make moderators out of members who can contribute, just like what happens in YouTube livestream.
177. Sunnyboy |   Link |  Bookmark | January 4, 2024 6:52:57 PM
@newgen consultancy And Other experts... Hello Sir, can you take time from your busy schedule to analyze CIE India and Shriram Pistons and Rings? I believe this can be a good bet for long term and are gems available at this price. What is your view? Your response is always appreciated. Thanks.
177.1. newgen consultancy |   Link |  Bookmark | January 4, 2024 7:30:34 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
@Sunnyboy 
Both are quality Stocks with Top Class Fundamentals and Also Reasonable Rather Cheap Valuations

Can enter Shriram Pistons on a 5% correction

And CIE Automotive , Don't enter now
It's in a Tepid range and in big resistance zone
Now at 487
Let it go beyond 520-530 levels with volumes then can enter for a positional target of
585/650/800

And Shritam Pistons
No Price Target
Keep a Time target and Hold
177.2. Sunnyboy |   Link |  Bookmark | January 4, 2024 8:21:04 PM
Thank you very much for responding. Also, I was holding Wardwizard even before you mentioned in the group. My conviction for Wardwizard has doubled now after your recommendation. One more thing, Rattan India is also in EV plus drone and e-commerce services. I am already invested in it but still your review would be helpful if you can provide. Thanks again.
176. UjwalG |   Link |  Bookmark | January 4, 2024 7:54:50 PM
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
Does cg website stores ip address? Ek bande ka nikalwana hain
175. bms |   Link |  Bookmark | January 4, 2024 2:18:59 PM
THIS IS FOR THE BENEFIT OF INVESTORS TO FACILITATE UNDERSTANDING OF THE MACHINE TOOLS IMPORTANCE IN THE MANUFACTURING INDUSTRY.:
MACHINE TOOLS IS THE MOTHER OF ALL MANUFACTURING ACTIVITIES
In the intricate world of manufacturing, precision is paramount and at the heart of this precision lies the CNC Metal Cutting Machine which is a cutting edge technology that shapes the foundation of various industries , playing pivotal
role in the production of Automotive Parts , Mobile Phones and Computers and Peripherals ,molds and parts for diverse sectors including dynamic field of Aviation & Defense.
In the aviation industry, where safety and precision are non negotiable, CNC Metal Cutting Machines take center stage. These Machines are the architects behind the creation of components that define the reliability and performance of aircraft.
Success of Indian space Organisation is also linked to Right Selection of Machine Tools within the organisation and with their Supportive Vendors
Precision Engineering, versatility, innovation, reliability and durability are key features of these Machines.
In the ever evolving landscape of manufacturing, CNC Metal Cutting Machines stand as pioneers in shaping the future of Industries by providing the tools that bring precision and innovation to the forefront.
India is targeting self sufficiency in the area of Defense equipments, Aircraft and its parts , Automotive Parts, Medical Equipments and implants, Plastic parts etc. For all these sectors, CNC Metal Cutting Machines are inevitable .
India is still importing at least 55 to 60% of its CNC Machine Tools requirement There is a huge scope for the Manufacturing Sector of CNC Metal Cutting Machines and Jyoti CNC Automation Ltd. , who is the only one Machine Tool Builder who have developed indigenously Full Five Axis Machines or Multi Tasking Machines in India is favorably placed. This Company , having its own Research & Development Center, is focusing on developing all the advanced Machine Tool Technologies required for India. Jyoti is having an added advantage of quick access to the European Technology in this sector as they have Huron Graffenstaden, France, which is its 100% owned subsidiary ( The Most Renowned and One of the Oldest Machine Tool Innovator in the World)
Due to India’s concentration on the manufacturing area of Defense & Aeronautics where Jyoti Machines plays a pivotal role, India today received Billions Dollars wroth orders for Tejas Aircraft and Akash Missiles from several countries. Considering this one can guesstimate the requirement of CNC Machines in India.
175.8. IPOTraders |   Link |  Bookmark | January 16, 2024 6:37:50 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
@Liger 
No body wrong here, @bms Told about fundamental, the stock closed on 31% return today.
@newgen consultancy Expected 8-20% and @IPOTraders (Myself) expected 10-20% listing gains.
The stock listed about +12%.
All are right.
All are happy.
Disclaimer - I applied 3 retail applications, but not allotted.

175.9. KPCT |   Link |  Bookmark | January 16, 2024 8:51:02 PM
Top Contributor Top Contributor (600+ Posts, 200+ Likes)
@Mogambo ka Bhateeja 🤣🤣🤣🤣🤣🤣🤣 He Bhagvan......
174. COMMON MEN WAITING FOR ALLOTMENT |   Link |  Bookmark | January 4, 2024 6:51:22 PM
Made a low of 95....

Now treading @98 both buyers and sellers
173. IPOTraders |   Link |  Bookmark | January 4, 2024 8:05:59 AM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
@Admin @ Chittorgarh.com 
I think one should not be allowed to change his username.
People are misusing it, by commenting illogical / wrong , then changing username, and showing themselves as different person.
173.2. IPOTraders |   Link |  Bookmark | January 4, 2024 6:33:01 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
@Antany  Sir
If you go through messages, you can easily identify,
by the way you can see "crazy xyz" alias "Mukesh elon adani"
173.3. IPOTraders |   Link |  Bookmark | January 4, 2024 6:36:03 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
Seems @Admin @ Chittorgarh.com  Not interested to keep the irritating members out,
Please do something to avoid ruining the forum.
172. CA Dhiraj Ramchandani |   Link |  Bookmark | January 4, 2024 6:31:31 PM
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
GMP already 98, which is approx 30% of the issue price. Hope this goes up in coming days.
171. COMMON MEN WAITING FOR ALLOTMENT |   Link |  Bookmark | January 4, 2024 5:00:36 PM
GMP-98 ONLY 🔻🔻🔻🔻
171.1. Ascension |   Link |  Bookmark | January 4, 2024 5:42:10 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
@Crazy xyz Kid, it's a humble request bhai mat kar ye faltu ke comments , kucch aur kaam kar le , please.....
170. newgen consultancy |   Link |  Bookmark | January 4, 2024 5:30:46 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Please Note :
Allied Blenders IPO SEBI Observation is already lapsed on 14 December
So it's IPO will not be coming anytime soon

So Forget that IPO
169. COMMON MEN WAITING FOR ALLOTMENT |   Link |  Bookmark | January 4, 2024 2:26:40 PM
150 to 140,135,130,125 now.....🔻🔻
169.3. Crazy xyz |   Link |  Bookmark | January 4, 2024 5:05:01 PM
GMP 95📉🤒, kiski
169.4. Crazy xyz |   Link |  Bookmark | January 4, 2024 5:05:29 PM
Kiski panauti lag rhi hai
168. Deepsbk |   Link |  Bookmark | January 4, 2024 5:05:09 PM
In my terms Operators are bullish on EMS Ltd they are solid active in this stock because very high movement noticing since a month regular upper circuits with no rumors
167. Arun Jindal |   Link |  Bookmark | January 4, 2024 2:09:38 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Doubtful company not sure on applying
167.1. CoolAsh |   Link |  Bookmark | January 4, 2024 3:54:14 PM
Top Contributor Top Contributor (700+ Posts, 100+ Likes)
Does seem overpriced. This issue will wipe off debt and if all that translates into profit then it would yield an EPS of around 4. Even then it would be a PE of about 80. Can't make any sense around it
167.2. A. Rajput |   Link |  Bookmark | January 4, 2024 4:18:07 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Overpriced ipo retailers ka katane aaye he greedy promotor.3-4 years ka forward earning mang rahe he promotor. Pkh venture jesa haal hona chahiye is ipo ka but bull market he pesa bhi bhara pada he logo ke paas agar ye subscribe ho gya to aage bhi ipo high valuation pe aayenge.
166. PKRAJ |   Link |  Bookmark | January 4, 2024 3:28:13 PM
This month is again with many IPOs in line . One already declared dates and 4 expected as under :

1. Jyoti CNC Automation size 1,000 crores
2. Medi Assist Healthcare OFS 2.8 crore shares

3. Mukka Proteins fresh 8 crore shares
4. SPC Life Sciences fresh 300 crs and OFS 89.39 lakh shares.
5. Allied Blenders size 2,000 crores
Total 5 as on today.
166.1. IPOTraders |   Link |  Bookmark | January 4, 2024 4:06:59 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
Let's hope to get at least 30% allotment and avg 50-60% profit in that.

Kya Bhai log, main adhik to nahin maang raha na Bhagwan se ☺️☺️
165. Sandeep Kumar sethi |   Link |  Bookmark | January 4, 2024 4:04:17 PM
IPO Mentor IPO Mentor (800+ Posts, 200+ Likes)
R power achive my Target today
164. COMMON MEN WAITING FOR ALLOTMENT |   Link |  Bookmark | January 4, 2024 3:24:50 PM
105 🔻🔻🔻🔻🔻
163. COMMON MEN WAITING FOR ALLOTMENT |   Link |  Bookmark | January 4, 2024 2:56:28 PM
112 gmp @2:55 🔻🔻🔻🔻
162. Liger |   Link |  Bookmark | January 4, 2024 12:30:37 PM
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
No Recommendation only my Intuition

Companies in niche/futuristic business moves from expensive to super-expensive valuations and difficult to catch at reasonable valuations. Jyoti CNC appears to be one such company irrespective of its balance sheet so far.

Balance sheet so far (not to worry):
PE @ 430 (over the roof), Market Cap @ 7527 (expensive), Debt/Equity @ 10 (over the roof) ... all negatives only

However positives are (Solid):
- Entire 1000cr fresh issue - Debt going to be wiped out from balance sheet and translates into bottomline profits in coming results.
- Very good order book of 3143cr (compared to its annual revenue of 1000cr). Among the order book Rs 260cr is from EMS (Electronic Manufacturing Services)
- Serving clients from Aerospace, Defense, Automobile....etc.
- its subsidiary company 'Huron' France is its biggest positive.
- and so on......

Since Retail is only 10% getting allotment is very difficult.

It seems, after Tata Tech, Inox India this is going to be the much sought after company.

IMO - GMP only going to move higher
162.6. Liger |   Link |  Bookmark | January 16, 2024 10:09:45 AM
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
Companies in niche/futuristic business moves from expensive to super-expensive valuations and difficult to catch at reasonable valuations.😊
162.7. Liger |   Link |  Bookmark | January 16, 2024 2:43:32 PM
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
Looks like it is going to close in Upper Circuit (UC).
161. SATISH CHAVDA |   Link |  Bookmark | January 4, 2024 2:14:38 PM
Very good company, takes care of workers, daily meal, insurance, medicine salary etc.
160. Professōr |   Link |  Bookmark | January 4, 2024 1:01:13 PM
Top Contributor Top Contributor (600+ Posts, 200+ Likes)
Price band

159. SARWAN KUMAR AGARWAL |   Link |  Bookmark | January 4, 2024 12:55:28 PM
At present no Work on GMP has started in Jaipur centre. Though they are telling GMP is 135 but not accepting any trade in subject to even at 100