Kundan Edifice Limited IPO Message Board (Page 4)

Applied small lots due to funds unavailability coz of clash of IPO's..

Skipped

100% REVENUE GROWTH for last 4 years.

Dark Horse

Applied FULL FORCE

Applied 7 retail applications
All open

​@Noorul @lokes 
Sir, are you applying here? Do you feel safe with this LM? Please share your thoughts. Thanks 🙏

Avoiding this due to low subscription number.
( Everyone know retail investor exit on listing day, then downfall start of this share.)
Purchase on Ipo price later due to fund issue. (Meson amount, chavda, EMS blocked) And for madhushudan amount is pending.

very low sub only 10 time hni...

must run to cancel application..
looks dicey...

gmp below 10

omg... lisitng discount lagged che kee

​@Noorul @lokes and all experts, pls suggest if you are applying here or skipping it.

Skipping Kundan SME IPO.

Reasons: Financials weak, High Debt - interest coverage weak, Window dressed profits LY, Rented Factory, Big Size issue & LM record is erratic.

Not in mood to apply as lots of other options available

s2 Rs. 20000

Applied a small sized HNI....

TO NEW GEN CONSULTANCY

Sirji you have been rather quite on this IPO
Our Seniors majority of them have a very poor view of this IPO and are not participating , despite reasonable p/e , very high return on equity , profit about 5 crores ( R R Kables profit around 2 crores) , growing demand for LED strips .
Sirji i will be grateful for your views also .
My objective is LISTING GAINS
Today is the last day and your analytical advice would be very helpful.
Thanks in advance

RR Kabel profit 2 CR? Check it again it is 200 CR..

IPO FREAK SIR
YOU ARE RIGHT I STAND CORRECTED
THANKS

​@lokes sir @Noorul sir @Monster Zero sir @MRavichandran sir what's your final call for Kundan Edifice Ipo?

thankyou

​@Mr.Investor , financials look good.
But SME's are always risky.
Apply only if you can handle upside as well as downside listing surprise.
Also, LM has got bad reputation after debacle in Moxsh and Yasons.

​@GrayIsTheNewBlack  "Also, LM has got bad reputation after debacle in Moxsh and Yasons." _ LM's Record Between Moxsh & Yasons is Good By the way .. Moxsh (-15%) _ Lead Reclaim (10% _ 88%) _ Pattech Fitwell (12% _ 40%) _ Yasons (-15%) _ Pramara (85%) (Recent) ... Eg. In a basket 🧺 of 24 🍏Apples🍎 maybe 2-3 are spoiled one .. ✌️

​@Arjun Rajkot @Lokesh Chiru @KING VINOD 
Apply or avoid kundan edifice ipo?
Listing gain is possible or not?
Please update GMP?

@GNP
Sold and Applied

Already Asked to skip

Not Applying this SME for Various Reasons

1. Short of Funds Better opportunity available
2. Balance Sheet is Not good.
3. High Debt with Interest Rates High Upto 18%
4. Valuation Increased due to Inflate Profits in last year
5. Quality of Promoters is Questionable.
6. Debtors Insolvency Matter
7. Rented Shed not owned.
8. Size is Big and LM Track is dicey.
9. Lighting Business is ruled by Chinese market with Price War makes future growth competitive

Hence Will Avoid this issue. However GMP is 24/- may give Lisitng gains to investors.
Avoiding.

Warned investors but they don't care!

@Arjun Rajkot.. great effort was done by you to save the investors money.. looser are those who don't care about seniors advice..

Is it postponed one day?...if it is so..this negative coments of forum members will justify this...better avoid this..

​@Noorul Can we apply here or avoid please guide.

No but I am a banker

Sorry for the late reply.
I haven't applied here.. but it's a sell and apply case for me. Not much convinced here.

Applying in this IPO means funds will block till 22nd Sept., thus refunds will not be available for next 8 IPOs.

Solid Point.

Skipping This.

Good Luck to all who applying.

Withdrawn my 1 application. Was planning for 2 applications. Shortage of fund and crashing GMP apart from secondary market investment in last 2 days, led me take this decision. Not applying in zaggle, kabel, kundan and samhi. All the best to all applicants for allotment and good listing.
I have kept some funds to make new buying in secondary market if opportunity arises. Otherwise this block and unblock game (or exercise) is very daunting and disappointing, especially if one has limited funds.

Looks like I took right decision in the heat of moment. 😁.
The market will stabilize once people realises the implications of new circular. However fundamentally good company will keep florishing.
Few SMEs IPOs in these flood would still be investable and may give multibagger return.
But during flood one may save oneself enough time to see the dry land.

can you name some for study puposes? thanks