Brand Earnings P/E Per Share Kalyan Jewellers 1.49 58.39 Titan Company Limited 17.09 61.04 TBZ 3.21 24.85 Asian Star 39.61 16.66 Vaibhav Global 57.92 36.30
Wait for QIB figure, If its huge more than 50, Then consider applying. Otherwise skip. Not 99% but 100% chance of discount listing.
AsianStar is famous diamond wholesaler. Vaibhav global got presence in UK, Thailand, china, USA, Japan
Address are ASIAN STAR 114, Mittal Court - C, Nariman Point, Mumbai - 400 021, India. Tel: +91 22 6244 4111, +91 22 2281 1371 Fax: +91 22 2204 3747, +91 22 2284 2427
Vaibhav Global Limited CIN:L36911RJ1989PLC004945 E-68, EPIP, Sitapura Jaipur - 302022 Rajasthan, India 91-141-2771975,2770648 91-141-2770510 Email:investor_relations@vaibhavglobal.com
135.3. arunARUN| Link| Bookmark|
March 18, 2021 5:11:10 PM
IPO Guru (2000+ Posts, 1700+ Likes)
@Newbiee You got me wrong. I am very well aware of Asian Star and Vaibhav Global as companies However you need to understand business model. Please know Gold and Diamond cost will be same for everyone who is in that business Now some one who opens a retail show room needs to recover cost of gold plus cost of making plus cost of showroom including employees plus profit on every transactions Wholesaler like Asian star are not involved in retailing and also does not have a brand so value add is lower per transaction. Vaibhav is not in gold business and sell on television in foreign countries. It sells valuable stones but not gold or diamonds So first know business then compare TBZ has showroom and retail business; Though they have much limited presence. They are not a brand which is widely known
There should be a possibility of atleast 25% listing gain if promoter want''s retailer to apply in a company who has already better (Titan) listed pair. It''s not unique business than why to take risk! It''s better to apply in Nazara technology which is unique.
133.1. arunARUN| Link| Bookmark|
March 18, 2021 5:04:10 PM
IPO Guru (2000+ Posts, 1700+ Likes)
Promoters dont want retail shareholders as they are more headache from their point of view from point of view of servicing Even now they are giving retail quota only to fulfill SEBI guidelines. Why should promoter leave money that is as much as 25% on table for investors who will sell on day 1 and walk out Looking for wider response
Those who applied every one will get allotment. And who applied from 10 accounts will definietly get 5 lot..........Book ticket to tirupathi nd shave off the sufda
Sr.No. Category No.of shares offered / reserved No. of shares bid for No. of times of total meant for the category 1 Qualified Institutional Buyers (QIBs) 2,72,79,068 4,23,62,568 1.55 1(a) Foreign Institutional Investors (FIIs) - 3,50,06,472 - 1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) - - - 1(c) Mutual Funds - 65,51,652 - 1(D) Others - 8,04,444 -
nse
Bid Details for KALYAN as on 18-Mar-2021 15:28:00 IST Sr. No Category No of Shares offered/Reserved No of shares bid for No of times of total meant for the category 1 Qualified Institutional Buyers(QIBs) 2,72,79,068 3,22,38,992 1.18 1(a) Foreign Institutional Investors(FIIs) 2,12,69,520 1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 1,14,896 1(c) Mutual funds 22,97,920 1(d) Others 85,56,656
overall market is down, that is causing the poor response on this and few others. Plus all these IPOs came together which creating issue in financing it. If the sentiment is not good, people will try to find all the faults in the company and if the sentiment is good, all faults will be shunted away..
129.1. arunARUN| Link| Bookmark|
March 18, 2021 4:29:51 PM
IPO Guru (2000+ Posts, 1700+ Likes)
Agree with your logic
128. Display| Link| Bookmark|
March 18, 2021 4:27:13 PM
Top Contributor (400+ Posts, 200+ Likes)
Like I said, gems and jewellary sector mai kadam phook phook ke rakho
2800 crore debt , huge losses from middle East and loss making qtr. There is no reason to apply with such financial .it seems to give money to promoters and fill their pockets . Pls refrain from applying in such companies and waste money.
123. P Patel| Link| Bookmark|
March 18, 2021 11:20:48 AM
IPO Mentor (900+ Posts, 900+ Likes)
Rather taking risk over here... its good idea to pick one of the quality stock from secondary market as it has corrected in last few days. Many proven stocks are available at 10-15% down. Few to name... L&T Technology, Bajaj Finserv, HDFC AMC, Lupin....
123.1. P Patel| Link| Bookmark|
March 18, 2021 4:12:50 PM
IPO Mentor (900+ Posts, 900+ Likes)
Market is gone more towards downside... It makes more sense to focus on secondary market.
3.11 PM update 88 Lakh Shares purely applied by Mutual fund advisors company out of 2.72 Crore Shares quota of QIB, They are the most intelligent people. If they are applying I am 100% applying
Arjun Sir, Ise achha listing ke din buy kare to?? GMP only 8 Rupees hai. May be issue price ke equal aur uske andar khula to isse bhi achha hoga.
118.2. Scrip| Link| Bookmark|
March 17, 2021 1:22:13 PM
Top Contributor (500+ Posts, 200+ Likes)
Remember Gland Pharma Starting mein GMP 150 tha 10% of issue price but last day QIBs ne interest show kiya aur aaj CMP 2500+ hai Toh last day ke subscription ke hisab se decision lo
@Scrip. Every one is free to apply any IPO, but you are comparing apples to oranges. Both are different sectors, Pharma vs precious metals. I applied in Gland pharma, but skipping Kalyan.
118.5. Scrip| Link| Bookmark|
March 17, 2021 6:15:09 PM
Top Contributor (500+ Posts, 200+ Likes)
I am not comparing their business. I was just comparing their subscription figure. Aur maine kisi ko roka nahi hai Jisko jisme apply karna hai karo nahi karna hai maat karo uske upar hai.
@Arjun नो it is not dark horse but 90% possibility that on listing day it will take you in Dark under झाड़ियां एंड then he will do तक धीना दिन with you.🤣🤣