Likhitha Infrastructure Ltd IPO Message Board (Page 4)

Funds might get released after October 13

Nowadays even expensively priced IPO's are listing with 100% premium. Everything seems planned by institutions to generate hype and support skyrocketing valuations. Next 10 to 15 years earnings are already priced in. Even a minor setback in profits will make stocks go down by 30-50% in one quarter. My excel sheet working on a company's financials is generating a sell or avoid signal but then too stocks are moving higher. I remember my first post on chittorgarh.com commenting on RBL bank IPO @ 225 per share where I had raised concern over long term capital requirement for loan growth and had worked out with target price of 200 per share in 2017 but it kept on moving higher and went up-to 650 in 2019 only to fall to 180 per share in 2020 which was even lower than my earlier estimate. That is why I resist giving my opinion on IPO's because in short term stock prices are rigged and driven on sentiments

While you are talking about RBL bank , I remember your post regarding Equitas when you posted that if Equitas falls below 110 then its target would be 90 and see where it is trading now.Only 55 Rs.Your posts are very much reliable.

It's Just issue size is the concern..Many QiB has not subscribe due to T category listing...Valuation wise available <10 PE.CAGR for revenue and profit is 22% and 40%.debt free company and has 2year+ order book.I do not understand any negative which can stop provided 25PE for this company..please highlight if any considerable point is missed in analysis.

I have applied through ASBA with 2 different PAN for this IPO on 05th Oct, I was withdrawn my both application. In OBC ASBA same day my amount is unblock but another BOB ASBA amount is still blocked. What to do now. plz advise

Funds may get released on 13th

IPO do well chodo.. koi 100/- main v nhi lega.. most of ppls have withdrawn who have applied. N this figure is due to ppls have applied double so that their application gets rejected. In most cases they were unable to cancel. So they applied fresh so their application gets rejected.

How to withdraw the application?

Now u can't withdraw as IPO is closed

https://www.thehindubusinessline.com/markets/stock-markets/qibs-board-likhitha-infra-ipo/article32795858.ece

Irresponsible and Blind media...

Thanks Chittorgarh team for adding my name in Ranked Members

Bumper gain expected. ,debt free and pat cagr (3 year ) 41% .order book 950 cr ,ROE 29% .Fundamentals very strong.

Agree
IPO subscription does not necessarily reflects business potential of a company

Sir, at what price are you willing to buy for this huge listing gain?

*LIKHITA INFRA IPO*
*LAST DAY SUBS.FIGURE AT 11:30 A.M.*
QIB 21.99X**
NII 1.54X
RII 23.71X
*OVERALL 9.51X*
**Excluding Anchor
Total No.of RET.FORMS : N/A

*LIKHITA INFRA IPO*
*FOR HNI/NII GET 14 LOT OF 125 SHARES*
IF THEY HAVE MADE A BID OF 2,695 SHARES
(RS.3,23,400/-) & MORE
Interest cost @8% (13 Days) for each share Rs 0.54/- only
*LISTING ABOUT = 121/- and more*

Dear Sir,

No need of sorry...there are lots of new members on this forum and many of them are confused already in different different aspects...
So sometimes messages with incorrect info may create more confusion...

Thanks for quick reply...keep your work ...this is really appreciated...????????

dont take him seriously, he became mentor with posting such useless posts

Not many withdrawals

many already trapped, people know how to apply but dont know how to withdraw.

I have applied through ASBA with 2 different PAN for this IPO after coming negative news on 05th Oct, I was withdrawn my both application. In OBC ASBA same day my amount is unblock but another BOB ASBA amount is still blocked. What to do now. plz advise

But real question is who will but above 120 QIB ? No way then retail ?☺️

hi
Send me your name and city to join stock
nine 7 nine 5 sixn nine five two nine ziro

hi
Send me your name and city to join stock bull group

IPO application is subject to risk.
Same applicable to sme IPO.
All the best for this IPO.
I have applied with risk.
I expect good listing.

*Likhitha Infrastructure Limited*.

Please find below the brief of the Company alongwith attached the corporate presentation.

Business: Oil & Gas Pipeline Infrastructure service provider for leading Oil & Gas Distribution Companies

Promoter: Mr.Srinivas Rao Gaddipati &
Ms. Likhitha Gaddipati

Financial snapshot for Fy 19 20

Revenue: Rs 163 cr

CAGR Revenue% (3 FY): 22%

EBITDA: Rs 31 cr

EBITDA Margin: 20%

PAT: Rs 20 cr

PAT CAGR% (3 FY): 41%

PAT %: 12.40

Last 3 years avg ROCE : above 45%

Last 3 years avg ROE: above 29%

EPS: 13.59

Operating Cash Flow: 19 cr

Debtors Days avg 3 years : below 50 days

Working Capital Days avg last 3 years : below 60 days

Debt Equity
Ratio : 0.01:1

Order Book as of July 31, 2020: approximately Rs. 950 cr

Proposed dilution of approx 25% expected Pre IPO valuation at Rs 180 cr n Post 240 cr

i have cancelled a through online BOB banking but not released fund??? any update ??

Email your all bid details with PAN no. associated with demat a/c on below ids,
cs@likhitha.in
ipo@bigshareonline.com
mb@unistonecapital.com
info@likhitha.in

i have mailed & got reply as below (I forgot to mentioned my PAN no.)

Dear Sir/Madam,
Thank you for participating in our Initial Public Offer (IPO).
This is with reference to your email for withdrawal of application.
Please share your PAN detail through your official mail ID as registered with your Demat Account, by end of the day, to put-up the matter before the BSE at the time of allotment.
Thanking You,
With Best Regards
Santosh Kumar Gunemoni
Company Secretary and Compliance officer
73867 97585

If any investor want to cancel ASBA application please send request letter duly signed with full details to nandanam@indianbank.co.in which is authorized branch for Ondian Bank ASBA.

Indian Bank

Indian Bank applicants only

How to cancel the Bids from Yes Bank ASBA. Anyone please suggest

I gave them a request through email to cancel, but no confirmation till now from their side. Any idea

Go to branch they mail for you
for yes bank

I applied 5 lots in this rubbish ipo when all the retailer are rushing behind this through Religare APP but now unable to cancel my bid. I don't know whether i will get allotment or not but this is cheating with retailers we should file complain against this company.