John Energy Limited, backed by ace Investor Rakesh Jhunjhunwala. Might be around mid April, not sure! Nazara Technologies, from Gaming Industry. Barbeque Nation Hospital, Restaurant Chain. These 2 may be expected in the next 2-3 months.
I use Zerodha, and I use their Tax P&L for finding my Tax liabilities. But I can't see my P&L for IPOs there. Can someone suggest best way to find Tax liabilities for filing ITR 2?
Lemon Tree's IPO is open for subscription and you should not touch it even with a 10 feet pole. Why?
• The hotel chain has been racking up losses even while running at an occupancy rate of 75%.
• Growth in the number of rooms has remained almost stagnant (growth of < 3%).
• Given the competition from other hotel chains, aggregators like OYO Rooms and AirBnB, the hotel has negligible pricing power.
• Debt stands at Rs 975 crores in the first 9 months of FY18-19 and is expected to increase by Rs 400 crores to fund Lemon Tree's expansion. This will eat into gross profits further.
• Food & Beverages is a substantial revenue source for all hotels. Profit margins are higher in this segment. Lemon Tree lags here. 21% of Lemon Tree's revenue is from F&B; compared to 40% for other 3 and 4 star hotels.
• The IPO is an exit route for their private equity investor Warburg Pincus. IPO proceeds are not being used for expansion at all. Warburg has a reputation for making early exits and selling their holding in the open market.
QB subscription seems a bit vague, only FIIs seem to be upbeat on it! Whereas not a single Domestic Investor have bid. That should be a good hint to avoid this one. However, if around 3pm QIBs portion gets oversubscribed by 30 times or above, then one can re-think. But given the fundamentals of co., that is highly unlikely to happen !
---------------------------------------------------------------------------------------------------------------------------- 58.6. AnkurGoel Mar 27, 2018 5:36:58 PM IST I Like It. 1 | Report Abuse IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
By the way, XXXXX is activated for this IPO only. So forum member can ignore his opinion :) ---------------------------------------------------------------------------------------------------------------------------- Kudos to Ankur on his above post.
I suggest everyone to be always aware similarly on social forums...and give a slap on the face of fakers who try to manipulate public opinion for their ulterior motives.
Discl: I am no way indicating if XXXXX is faker or not, I am just appreciating online alertness of members.
I think promoters thinking investors are just like a Lemon , jitna ho sake utna nichod lo phir phek de, they dont even want to use money for expansion and they are serving lost on YOY.how can RII trust them QIB will invest bcoz they just playing with public money ,dont trust this company. Avoid it completely and if u want 2 invest in hospitality sector w8 for barbeque nation ipo for hospitality sector
54. P M| Link| Bookmark|
March 27, 2018 6:51:17 PM
(1100+ Posts, 1100+ Likes)
Subscription Day -2 ================ Qualified Institutional Buyers (QIBs) ---------- 1.43x Non Institutional Investors (NII) ---------------- 0.05x Retail Individual Investors(RII) ----------------- 0.04x Total ------------------------------------------------- 0.44x