Krishna Defence and Allied Industries Limited IPO Message Board (Page 8)

The portfolio is way too comprehensive and unconnected. Defence equipment and milk cooler and tyre killer. This is not an easy to handle diversity. Would have still thought had this been a very big company but the revenue is a few crores. Can't invest in a business I cannot understand at all, irrespective of its pricing. Avoiding

I agree with your comment, but if in SME if you think listing gain can be harvested then take a chance, but yeah it will be a risky bet.

price should not be more than Rs20.
ok type IPO, Think for applying only after a good subscription. Looking risky

Dear all,
if its only 6 cr, I would want to pay 7 Cr to 'Hem' and take over this IPO fully 😜. (hope let 'Hem' or 'Krishna Defense' see this and contact me 😂)

btw, don't see this as arrogant, I would just want to emphasize how this is going to perform or a blockbuster because of one word... 'Hem'

p.s: 'Hem', hope you will give one lot for my 100, at least for this post 🤣

Thanks

Ravi Ji, Thank you for your reply,
I agree with 'Hem' part, that's what I have mentioned "Think for applying only after a good subscription" and I may apply only after HNI at least 30X, QIB at least 2X. But I will not hold this share even for 1 day after listing if allotted.

The size of this IPO would be more than 25-30Cr and Price will be around 75-100 (let's wait for final details) PE would be more than 35 (for SME it is too costly)
But I found except defence&space product portfolio other products section is highly competitive, overall there is nothing special about this company's products.
Debt to Equity is more than 1 which is not good for SME IPO. So this IPO is risky, but in SME operator games can play anytime and we don't know at what level they can move stock.
RHP can read from: https://krishnaallied.com/wp-content/uploads/2022/03/RHP.pdf

Different views, I thought it's a good ipo from the first look, need advices from experts

Hem again with QIB

@gjy, my above reply is not really countering your post :) please, take this on a lighter note. :)

Also please keep posting advance updates which you post before SME IPOs opening dates.
Thank you !!!!

@giy,
Agreed, also my favorite 'Hem' ( I will apply blindly if around 100 X, not 700 X 😜)

Thanks

Another SME with good financials