They will be raising 40crs aprox and from that 16cr will be utilised for wc, 8 crs for capex. What about the balance 16crs? That's a huge amount aprox 40% of the issue. Anyone know for what it will be used or what is the issue expense?
If i look into LM Record then Yash is best to apply because of LM (Shreni) who never give listing in minus. Still in doubt to apply because of RIKHAV Sir.
10.5. lokes| Link| Bookmark|
April 3, 2024 2:04:40 PM
IPO Guru (4400+ Posts, 5100+ Likes)
I have applied in yash optics and K2 infragen....but after selling in grey in both... Jay kailash not looking good and subscriptions also more due to small issue size so chances of allotment also lesser, it can give some listing gains but i think better to book on listing instead of holding longer if someone get allotted in Jay kailash....
PE is cheap But competition high he is sector me and industry PE 15 avarage he , agar company extraordinary performance deti he to valuation above a avarage milega like vishnu Surya etc otherwise risky he.
4. Palka| Link| Bookmark|
March 29, 2024 4:20:17 PM
Top Contributor (800+ Posts, 200+ Likes)
As per my view, it will be oversubscribed atleast 10 times? DYDD
4.1. MAMU| Link| Bookmark|
March 31, 2024 5:22:50 PM
IPO Guru (1700+ Posts, 1100+ Likes)
More than 10 times actually Almost 40+ times in retail. Still 3 more days to go.
4.2. Palka| Link| Bookmark|
April 1, 2024 12:47:13 PM
Top Contributor (800+ Posts, 200+ Likes)
@MAMU Sir, if retail more than 40 times.... NII might be around 70-80 times... Which will be huge after seeing so many good SME issues and Bharti main issue in which allotment will be almost confirm.... In this issue, GMP is around 25% which, in my opinion, may fall to around 10%.. What are your views after today listing? Thanks
4.3. MAMU| Link| Bookmark|
April 1, 2024 12:49:18 PM
IPO Guru (1700+ Posts, 1100+ Likes)
Strong buyers in Gmp Sub 2 - 33000/- running and heavy work done Still 2 more days after today's closing
4.4. Palka| Link| Bookmark|
April 1, 2024 12:53:15 PM
Top Contributor (800+ Posts, 200+ Likes)
@MAMU Sir, should we sell subject 2 and apply? How many (in approx) lots one should apply to get one lot ? Thanks for your feedback
Today discount listing of Vishwas agri will effect the oversubscription no's in this sme's along with some other.. This is my view only.. & view can be totally wrong..
4.6. Palka| Link| Bookmark|
April 1, 2024 2:49:25 PM
Top Contributor (800+ Posts, 200+ Likes)
I fully agree with you sir... Today's listing will effect the subscription of K2 and Yash Optics
4.7. MAMU| Link| Bookmark|
April 3, 2024 3:31:36 PM
IPO Guru (1700+ Posts, 1100+ Likes)
Not a bad subscription
4.8. Palka| Link| Bookmark|
April 3, 2024 3:49:16 PM
Top Contributor (800+ Posts, 200+ Likes)