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Macfos Limited IPO Message Board (Page 10)

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45. Romy HNI |   Link |  Bookmark | February 16, 2023 11:35:00 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
This is the only SME IPO in last 5 and next 5 SME IPOs which have rich GMP.....

So subscription figure is bound to be high.....

Allotments will be an issue....
45.1. JAI JAI GARVI GUJARAT |   Link |  Bookmark | February 16, 2023 12:22:23 PM (800+ Posts, 300+ Likes)
HEM LM be like: Jalwa hain hamara yahan
44. SME Info |   Link |  Bookmark | February 15, 2023 9:49:48 PM
Team Chittorgarh should take actions against people who r claiming any company fraud or shell because directly they r doubting authority who has given approval to company with proper verification..
On public portal saying this is damaging company image
44.1. ipo share |   Link |  Bookmark | February 15, 2023 10:41:04 PM
IPO Guru IPO Guru (1600+ Posts, 800+ Likes)
@SME Info
If your line of thinking is followed, then first action should be taken against those who recommend to apply in IPOs and they list in discount.
This is a forum of discussion and everybody has right to express his views. It is upto individuals to analyse the same and take informed decisions.
If you try to suppress the views, it will hamper the utility of this great forum.
43. Hope is life |   Link |  Bookmark | February 15, 2023 8:51:40 PM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
nowadays so many members doing SELFISH review..for just theier benefits...

so beware new members..

one noticeable thing

what is EXTRAORDINARY thing in this ipo?
which creates GMP OF 75000 (except hem securities)

complete ofs

import products from china nd all over world & sell in india(which is great business for many members)

but if agrawal glass buy glass other merchants then that is JUST TRADER THINGS FOR THEM..

HERE they even justify OFS,PE...everything

one more thing i m not favouring AGRAWAL GLASS nd i even not apply in agrawal glass

but i noticed some SUSPICIOUS things in forum from last few days..

so i EXPLAINED MY PERSONAL THOUGS...
43.5. Hope is life |   Link |  Bookmark | February 16, 2023 4:46:15 PM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
ok pkraj sir

thanks for ur response

@ipo bet sir

i m also small investor..
43.6. Shashi T. |   Link |  Bookmark | February 16, 2023 4:51:58 PM
Rightly said, I think good/bad opinion for any IPO must be supported by logic. That's the only way we get benefited by any community.
Just saying buy this/Dont buy that is not getting us anywhere.
42. abc xyz |   Link |  Bookmark | February 15, 2023 6:00:56 PM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
https://mybs.in/2cCLeGU Indian stock markets to continue underperforming EM peers: Morgan Stanley
42.1. ratna ratna |   Link |  Bookmark | February 16, 2023 7:44:19 PM
@abc xyz - sir what’s your strength for allotments in this ipos .. HNI is only 15% . Should you still bid for HNI ?
Pls educate I am not getting any attotment .. I will follow you 100% . I am having 22 lac in max gain account
41. Arjun Rajkot |   Link |  Bookmark | February 15, 2023 2:50:26 PM
IPO Guru IPO Guru (1000+ Posts, 1900+ Likes)
GMP @rajkot
75000 ST
40. honesty is the best policy |   Link |  Bookmark | February 15, 2023 2:40:29 PM
arjun rajkot pls your contact number iam from surendranagar
39. chIPOrgarh |   Link |  Bookmark | February 15, 2023 2:38:48 PM (300+ Posts)
Co-founder Jayesh Jain makes full exit from Macfos Ltd.
38. PLAZA |   Link |  Bookmark | February 15, 2023 9:43:58 AM
IPO Guru IPO Guru (2400+ Posts, 1300+ Likes)
IMO Retail subscription will be more then 150 times
37. SSingh |   Link |  Bookmark | February 14, 2023 10:33:42 PM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Any guesses on subscription figures? Please comment below 👇👇
37.7. MVP |   Link |  Bookmark | February 21, 2023 4:52:45 PM
IPO Guru IPO Guru (1500+ Posts, 1100+ Likes)
Chalo apna tukka 600-700 sahi baitha ye bari 😀
37.8. IPOBET |   Link |  Bookmark | February 21, 2023 4:59:13 PM
Which are the banks that allows 3rd party IPO ?
36. SME Info |   Link |  Bookmark | February 14, 2023 9:40:09 PM
Must apply ipo by experts even 0 rs. coming in company for growth..
Only on the basis of GMP..
Wow sahi hai analysis
35. GuruMahadev |   Link |  Bookmark | February 14, 2023 7:12:48 PM (200+ Posts, 100+ Likes)
Predictive model results:
Group- Gold(High-Dimond, Medium-Gold, Silver-Low)
Risk - 75%(0-100 scale)
Return - <100% gain from listing price in 3-6 months timeline
34. IPO LEADER |   Link |  Bookmark | February 14, 2023 6:57:25 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
Good for listing gain
33. Arjun Rajkot |   Link |  Bookmark | February 14, 2023 6:52:55 PM
IPO Guru IPO Guru (1000+ Posts, 1900+ Likes)
Must Apply IPO

ST @rajkot 75000
33.1. SME Info |   Link |  Bookmark | February 15, 2023 6:02:08 PM
Can u explain reason for must apply ipo except GMP..
1. No growth in company profitability in March 22 and 23 annualised as per sep financial
2. No fund is gng in company from ipo
3. Co founder is taking exit, it means may be dispute between promoters or existing promoter not found any growth opportunities here
32. ADP |   Link |  Bookmark | February 14, 2023 1:34:16 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Moldtech Continue up
32.1. Smile✍️ |   Link |  Bookmark | February 15, 2023 5:51:52 PM
IPO Guru IPO Guru (1800+ Posts, 1100+ Likes)
Avoid fresh entry
31. Romy HNI |   Link |  Bookmark | February 14, 2023 12:53:18 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
After a gap of almost one month....good quality SME IPOs is there....

but again the allotment issue will be there because of oversubscription.....
30. SKalyan |   Link |  Bookmark | February 14, 2023 9:21:32 AM (200+ Posts)
Sealmatic India
17 Feb to 21 Feb
FV : ₹10
Fresh + ofs : 56.24 cr + 2373600 Shares
Price Band: 220-225 / Retail Lot 600 Sahres = 135000/-
QIB/NII/RII
LM : ISK Advisors Pvt Ltd.
KFIN TECH
29. Monster Zero |   Link |  Bookmark | February 13, 2023 9:54:54 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
Let's talk numbers

Begining 2017
Average cost of acquisition 1.14
Selling at 102 (x 89.5)
EPS 6.81 ( fy22)
PE 15 (fy22)
RoNW 65 %
NAV 10.32
Ebidta 16%

After listing say 142 (, GMP 40)
Mcap 125 cr
PE 21

After listing ...price tgt 170 ( 25 PE)

Strictly for listing gains and short term.
Lots 1940

Retail 679 lots
Hni 291 lots

29.5. Monster Zero |   Link |  Bookmark | February 14, 2023 10:24:47 AM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
Go with 3 retail applications
29.6. chintanparikh |   Link |  Bookmark | February 20, 2023 3:09:34 AM
@IPO_Share
PBV is high for Macfos as the company is mainly a website+App with a fulfilling center. since they dont have mfg ops, their assets are usually low. similar example could be Indiamart with 7.7 PBV
28. Monster Zero |   Link |  Bookmark | February 13, 2023 12:23:51 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
Robu products are listed on Amazon and Flipkart, they have a great market for diy and electronic projects.
Companies get their r&d parts easily from macfos.
Margins Could benefit if manufactured in India.

Negatives,
Not an OEM, just a wholesaler and retailers
Ofs stinks
Market is still in early stages
Imports from China due to lack of r&d.
Ofs is mainly an exit, investors will not get returns if bought on listing.
Definitely not a 100 cr company.
Anyone can takeover this market easily, just by tieing up with distributors in china.
28.15. Monster Zero |   Link |  Bookmark | February 18, 2023 8:18:08 AM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
I'm traveling so .. won't be continuously active for a week.
The best way to reach me is this forum.
If you need a swing trade or an option trade..
Just msg me here and I'll recommend trades and shares I'm into.
28.16. DHARMENDRA SHARMA |   Link |  Bookmark | February 18, 2023 7:12:26 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Dear monster zero,
Thank you very much for your reply.
Your tvs call is amazing, whenever you feel good for me, please🙏 share option and swing trade, iam regular watch your message whenever you share. Your message is very important for me.
27. SSingh |   Link |  Bookmark | February 13, 2023 4:18:37 PM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
DEV LABTECH IPO by BEELine LM, coming soon...
27.1. Smile✍️ |   Link |  Bookmark | February 13, 2023 4:31:39 PM
IPO Guru IPO Guru (1800+ Posts, 1100+ Likes)
Sme मे आजकल आना जाना ही लगा रहता है। अप्लाई करो और भूल जाओ। मिला तो नसीब, वरना कुछ नहीं। मेनबोर्ड मे तो अकाल पड़ा है, आनेवाले ड्रोनसाहब भी छोटे साईज के है।
27.2. SSingh |   Link |  Bookmark | February 13, 2023 5:45:55 PM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
सत्य वचन श्रीमान!
आज कल चारो तरफ सुस्त माहौल है IPOs मे!
26. Justalearner |   Link |  Bookmark | February 13, 2023 11:04:24 AM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
Wow. Total OFS. That's a new one for me in SME.
2017 company.... Very new considering 2-3 yrs lost in Covid...
Online retail.....to be honest never heard it's name before and this when I love DIY stuff. Hope this doesn't behave like Pace E-commerce...
Financials have jumped pretty fast although they look pretty good.
Hem sec name will alone carry it through with flying colours.
Although I literally hate QIB quota in SME, but this one looks set to be heavily subscribed. No harm in jumping in to try the luck. Hope some other good IPO clashes with it's dates so that chances of allotment rises in both.
Till now on my list to apply. Will wait to see how things pan out till last date to make a final decision.
Not an expert so no recommendations.
26.3. Romy HNI |   Link |  Bookmark | February 13, 2023 12:07:32 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Yes, I also thinks so.....
26.4. Justalearner |   Link |  Bookmark | February 13, 2023 2:29:27 PM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
@ Romi
Based on FY 22 EPS if I am not wrong, comes to around 6.9 which translates to a PE of just under 15.... I should think that's OK for a growing business. Although debt has risen sharply, but It's topline seems to be expanding more than decently. Will take that.