Krystal Integrated Services Limited IPO Message Board (Page 8)

Itna to leke gaya
25 se 80 tak.

Skipping

Qib start kre tab
Retail net banking se kr nhi sakta to phir????

UPI 👰‍♀️

​@Palka 

Rs10000 fix rate or subject 2 ?
I have sold @ 16000 BHNI and it is subject 2.

its subject to .... Sold on Saturday

Applying 8 retail taking calculated risk here...last 3 listing se sab dare hue hai 😆😆😆🙏🙏🙏......

BHNI and SHNI more enthusiastic than Retail so far.

​@Palka 
At which rate have you sold BHNI subject to ?

10000/-

What will happen in below case?

In JG Chemical IPO, Money debited from the bank successfully after allotment and shares also credited in the demat account.
Listing was done and still holding a lot.
Now, that debited money refunded in the bank account and no effect of it in the demat account.
I mean, shares are still in the demat account and the money came back for some technical reason maybe.

Any experts here please provide valuable suggestions.

Keep the money in the account. They will deduct the money again in reconciliation.

Make sure to keep at least that much amount available in your account. It will get debited in time. It may be a case of failed or 'stuck' UPI transaction or technical fault at registrar side.

Your allotted shares are free from any risk, you can even sell them if you want.

But if for any reason your account does not have enough money at the time of debit, the bank may create a hold (without money) in which whenever enough money is credited, it will get blocked again.

A possible problem in that case is - the required money can get debited from your remaining balance, not this 'blocked' amount. So while the money will get debited anyhow, the same amount may get blocked indefinitely requiring you to visit branch and get it cleared.

This exact case happened to me with Landmark Cars. It was a row of IPOs one after another, and I wasn't even tracking which amount was debited and which one credited. I realized only when this problem occurred (money blocked again, and the same amount debited from the remaining balance also). Traced back and realized the previously debited amount was returned, and I had spent (not realizing it was from an allotted share) it in secondary market, making my account balance just slightly less than what was required.

Took me more than three months of useless email and customer care rounds. Only got resolved when I visited my hometown, just to visit my home branch to get it resolved.

Hope it tells you everything you wanted to know.

​@Pbdrajkot 

Thanks dear for updating live rates. ✌

applied Full force in krystal

​@KAPPO 

Pl share Subject to Rate in HNI category if possible?

​@Vipul M Krystal 10/2 sub 13000
Krystal small sub 800

Latest GMP :73 (10 PERCENT)

Latest gmp pls

LIVE
70/75

🚀🚀🚀🚀

Those who are 𝐧𝐨𝐭 applying, react here.
👍

Vishal Mega Mart is planning a $1 billion initial public offering that would value the budget supermarket chain at up to $5 billion with some of the proceeds earmarked to add stores.
Dr Agarwals Healthcare, the parent of listed firm Dr Agarwals Eye Hospital, has engaged five investment banks as advisors and kicked off the process to launch an initial public offer and raise around Rs 3,000 crore in FY25.
Transrail Lighting has filed draft papers with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO) for fresh issue of shares worth Rs 450 crore and an offer-for-sale of 1.01 crore share.
Maharashtra-based non-banking finance company Manba Finance has filed papers with the capital markets regulator to raise funds through an initial public offering (IPO).
Source - moneycontrol

Avoiding

Hi all , need your guidance regarding a query , whether we can use money of sweep in fď account to apply for ipo ?

Icici bank offers the facility of a linked FD with your SB acct where without breaking your FD the amt can be used to apply under ASBA.
Once allotted , ofcourse unless you put the allotted amount in the bank the same day, the FDR will be broken to the extent the money is deficient in the sb acct

Krystal Integrated Services Limited IPO

Final Verdict

Only Risk Takers Can Apply For Small Listing Gains

Highlights of the Issue :

Date : 14-18 March
Price Band : 680-715
M.cap : 999 cr
Size : 300 cr
Fresh - 175 cr
OFS - 125 cr

Objects Of The Issue :

1.Funding Working Capital Requirements - 100 cr

2.Funding CapEx For Purchase of Machinery - 10 cr

3.Repayment Of Debt - 10 cr

4.GCP - 55 cr

Analysis :

1.The Working Capital Raised From the IPO Will Enable the Company to Not Leverage The Balance Sheet As Earlier And Keep It Light

2.The Company Has Already Bidded For
14 New Contracts Whose Results Are Awaited , The Awarding of these contracts will keep the growth pace continuing

Reasons Why It's A Clear NO For Long-term :

1.The Company Derives 31% Revenue From A Single Contract Which is The Dept. of Medical Education(TME), Tamilnadu Which Is Under Renewal And Will End on 31st March 2024 And It's Bids Are Already Submitted ,
First Of All Let's Understand The Background of this Contract , the DME Project Was A Joint Operated Project From Govt. Of TN And World Bank , But Now The World Bank Doesn't Award A Contract and TN Govt.is the Decision Maker ,
This is a High Margin Business And Lot Of It's Competitors May Bid in this Aggressively ,
If Krystal Fails to Win This , It will be a Major Setback for the Company , Also the Bottomline Dependancy on this Contract is higher than the Topline Contribution

2.Many Pending Litigations Against The Company Regarding Winning The Contracts Through Non-Ethical Methods , Some Are Tax Litigations Amounting To Around
30cr+ Also A Human Trafficking Litigation in 2018 Which Is Undisclosed in the Prospectus Raises Questions on Corporate Governance of the Company

3.The Company Has Highest Margins in the Industry , It is No.8th in the Country But Still Highest Margins Raises Eyebrows And Questions on Sustaining them

Earnings Projections Cannot Be Done Due To No Clearity in Revenue Streams , Especially The DME Project

FY 24 TTM Basis :
Rev - 911 cr
PAT - 41 cr

Valuing The Company At 28× FY24
Fair Value Comes At 937
Indicating An Upside Of 15%

This IPO Was A Clear Cut AVOID If the valuations were Not Reasonable ,

For Me This Business is Not Investable Till I Have the Clarity of the Outcome Of the Bid for It's Largest Client

Thanks a ton Mate...as always you nailed it.

Conclusion kya hai...Apply or not for listing gain????

Request seniors with experience on Rights Issue for HCC. Is it good to apply? Please spare some time if you can, to guide on below link
https://www.chittorgarh.com/rights-issue/hindustan-construction-company-rights-issue-2024/236/

Market will going to fall in coming days.
1. Global market volatility.
2. High valued stocks..
3. Mutual fund redemption pressure.
4. Selling from FII.
5. Election scenario.
6. Volatility in small cap and mid cap.
7. Sell on rise strategy.
8. Market has no Trigger at the moment.

Be careful before investing and trading.

​@IPO Electrifying 

1)Global market volatility was there, is here and will be here till stock market exists.
2) Stock was very high valued some 2 weeks back. But recent correction brought them down by 30-40-50% or more.
3) March month is always for MF redemption, nothing new in it.

4) Only FII's selling will bring Indian market down is Fairy Tale now. DIIs and Retailers are more powerful now than ever. Also, there are many FIIs who are very very bullish about India. They are not leaving India, selling everything unless a world war.
5) Election was a scenario, But now its a good trigger for the market as all the opinion polls are saying no chance for any kind of khichadi govt.
6) Volatality is part and parcel of share market. And many many Mid and Small cap stocks are almost near there fair value.
*)Strategy: it depends, what kinda investor you are..
Long and Mid term : Use every correction for your entry point in 2-3-4 parts or in SIP basis.
Short term : Start your SIP.

**** Remember one thing, Unless you start, you never ever find exact lower level to buy and higher level to sell.
Because, every big correction will increase your fear and every big move will increase your Greed.