Kronox Lab Sciences Limited IPO Message Board (Page 7)

These results were definitely shocking, but still feel this is like a blessing in disguise. (Although I did hope for a simple majority for the main party :( )
1. The sense of invincibility is surely cracked and perhaps they will now focus more on working on critical problems (youth unemployment for one) rather than some trivial issues and continue their focus on CAPEX
2. This might also mean, the budget will be slightly populous and perhaps a little more will done for the middle class (in terms of taxation or to encourage investments like extending 80c limit etc))

Agree, Hope so

Admin pl open new page
The initial public offering (IPO) of Le Travenues Technology (Ixigo) is set to open on Monday, June 10, 2024. The company will be offering its shares in the range of Rs 88-93 apiece. Investors can apply for a minimum of 161 equity shares and its multiples thereafter until Wednesday, June 12.

​@PADALISHWAR Sir, the page you are requesting was opened yesterday itself.

#Kronox Lab Sciences IPO

Risk Takers Should Apply
ONLY For Listing Gains And Short Term

Keeping This Company For Long-term Isn't Advisable
At This Point of Time

Just Mentioning Some Key Pointers Regarding Why To Apply And Why To Not Hold For Long-term

👇

Negatives :

1.The Company Will Register A Degrowth in Topline In FY24 By 8-11% From FY23

2.Company's Products Are Facing Headwinds
Due To Slowdown In
Scientific Research And Laboratory Testing Sector And Even A Degrowth in Nutraceuticals Sector

3.The Capacity Utilization in all its 3 Facilities Has Witnessed A Degrowth,
Especially in 3rd Unit
Utilization has fallen from 46% to 28~% on Yearly Blended Basis

4.The Aggregated Capacity Utilization in all 3 Facilities At Annual Blended Is Close To 62%,
The Company Plans To Establish New Facility in
GIDC, Dahej Which Will Almost Double It's Capacity

It's Un-Understandable Even After Having More Than Enough Capacity which is in Degrowth

So I Would Personally Not Take A Call Long-term But Wait for More Clarity

So Applying only for Listing Gains And Small Price Action in Short Term

Positives :

1.The Company Has A Good Market Positioning With Diversified Portfolio And Good Product Pipeline

2.Valuations Are Attractive At 25× on FY24 TTM Basis
Living Reasonable Scope On The Table

3.Market Leadership And Even Monopoly In Few Of It's Products

Applied 2 sHNI and 1 bHNI.

Any Chance of Negative Listing?

I Think it will list around 50% (+/-5) .

Hi @Admin @ Chittorgarh.com, Capital Market rating is 46, not 42. Please correct.

can apply in this ? @Crow sir.?

​@Manan Surana, depends on your risk appetite and exit strategy. I have already applied in retail.

I feel these kind of moments in stock market test the quality of investor you are!

Are you traders in the guise of investor?? OR the genuine investor with sense of making wealth ?

The former may not survive longer while later will enjoy the opportunity as blessing in disguise 😉 with Time Correction instead of Price Correction.

Ask yourself what category you fall into and the answer will help you take right decision .

Having seen many such crisis and have risen out as phoenix from the ashes.🙂🙂

​@Rakcyt So true Rakesh Bhra ji 👍
Will also add that it is no need to fit in only one slot of being trader or investor. One can be both following strict discipline. I personally have two demat accounts (other than that of family members) - one for short term trades and another one for long term portfolio and running successfully for over two decades 🙏

​@Chhote Lal I too have similar provision and do short term , FnO; mainly Swings. Like Amitabh Bacchan , a TV actor as part time but main job as cinema actor😃.
The Point is to understand oneself. Are you there to make quick money in shortest period of time , then these shockers will shake you like typhoon hitting the rooftop.

Some people in this forum crying 😭 like a child those who invested in share market know how volatile it is if you are a investor then nothing to worry it's time to invest yes exit poll analysis is failed but it's only one day panic there might be some volatility in short term but after June it's settled and market makes new highs in upcoming months

This post is only for some of those whose analysis is mind boggling
-------
1) 2016 - US opinion polls got it wrong - Trump won
2) Brexit - Opinion polls got it wrong
3) 2014 India LS poll - Opinion polls got it right
4) 2019 India LS poll - Opinion polls got it right
5) 2024 India LS poll - Opinion polls got it wrong

So basically as per some on this board, we should always get it right, else crony capitalism, retailers trap, etc bla bla bla talk from few immature people (just because they had a big hit on their portfolio who know nothing about risk management and they cannot digest that).

Remember Adani - Hedeinburg case and how LIC portfolio went down and how all opposition and some other started drama dharna infront of LIC office and in parliament.

And after that pin drop silence.

Similarly, now if markets go up (which no one know when), same people on this message board giving thoughtless analysis will abscond.

To hide one's incapability, best way is to blame others. In this case blaming pollsters who go it wrong.

Should we apply this IPO? IPO GURU please advise.

​@harit @Chhote Lal @newgen consultancy

​@Babal  Not any Guru, but since you asked - all I can tell is that I am considering to apply. However, one should evaluate own risk reward appetite to take any call.
Good Luck to all those who are applying 🍀

IXIGO IPO OPEN ON 10-12

​@newgen consultancy  Your Final View??

Impact player-nitish kumar.
Next 2-3 days main khela ho sakta hain agar nitish ne party badal diya toah...

Because no majority.

India alliance+ nitish kumar+ Chandra Babu Naidu+ others then only majority come.... And running gov by this is next to impossible
So Nitish and Chandra Babu have better choice with BJP... So undoubtedly NDA is forming Government again.

​@lucky boy Nda will not sit silent they will also try to break so called indi alliance and can be break easily.

any Possibility of negative listing ?
Is it good to hold for long term ?

GMP has declined sharply from 82 to 25 levels, however negative listing is not expected. One should evaluate own risk/reward quotient for considering keeping for short term or long term. Suggest go through DD sir review in CG.com

​@Vimal Garodia  @Chhote Lal  Thanks a lot for the help!!

Ixigo Mainboard IPO: 10-12 june
Issue size: 740 CR
Retail: 10%

मार्केट में बड़ी गिरावट के बाद रिटेल इन्वेस्टर्स , शांत रहें, मार्केट में बहादुरी दिखाने की कोशिश न करें
Copy paste

When BM kept saying be cautious..

So many hated those comments.. look what happened today..

Ours is a beautiful nation which keeps surprising more often than possible.. 😊

3% of India who invests in Market has created an echo Chambers around it.. while the actually ground reality seems to be further..

In terms of Kronox.. it's a wait and watch for me till last day..

PS: Take the message in good spirit (not here to discuss politics)

Small recovery possible tomorrow in morning session due to the speech and assurance from TDP. Bank Nifty is a thing to watch for in the mean time.

मोदी जी आपसे निवेदन है कि आप ऑनलाइन वोटिंग स्टार्ट कर दीजिए तो अगली बार 500 पार 🌹🌹🌹🌹🌹🌹

After watching GMP of current and position of recently listed.

ऐसा हाल उन सब का ...
-जिनको चुनावी नतीजे वाले दिन अलॉटमेंट मिला..
-बाकी के दिन जिन को अलॉटमेंट नहीं मिला
😂🙏

Originally, ye wo log he jo Exit poll dekhar hee Naav me khud pade :D :D