240. sahab| Link| Bookmark|
October 2, 2023 4:25:11 PM
IPO Guru (1100+ Posts, 600+ Likes)
company offers gold, silver, and diamond jewelry, precious gemstones, and other jewelry products which is heavy demand due to MARRIAGE AND upcoming DIWALI SEASON START. P/E OF this company is also very cheap. it will list around 245 to 260 range after that it move uptrend .
Something cooked Hold 1 month See results... Mal week hand se nikal ne ki Kosis
238. sahab| Link| Bookmark|
October 2, 2023 3:03:26 PM
IPO Guru (1100+ Posts, 600+ Likes)
Those of you who aren't in any urgent need for immediate funds may avoid putting a sell order in pre-open. It unnecessarily mutes the listing. In fact, one might be on the sidelines entire listing day, watching the price action, and sell in chunks only if there is a sudden upmove.
Look at where both the above stocks are today, and how they listed and played out on listing day. RRK issue price 1035, listed at 1180, listing day range 1137-1213, listing day close 1198, all-time high 1427, CMP 1400. Zaggle issue price 164, listed at 164, listing day range 155-176, listing day close 158, all-time high 210, CMP 200.
Any IPO's listing fate and how it plays out on listing day is largely in the allottees hands. However small your holding might be. This is very much like voting in elections. Many think one vote (or a sell order of 1 retail lot) won't make a difference, but every bit counts.
233. Nifty Singh| Link| Bookmark|
October 1, 2023 3:51:54 PM
Top Contributor (200+ Posts, 100+ Likes)
will post listing fireworks is expected. The table says something. opinion of esteemed members are invited. Respected members have shared good data/details (@Suraj Gupta master@Jetha Lal@newgen consultancy ).
Looks like near to flat and positive side opening considering no much interest from HNI and QIB however excellent fundamentals and good future growth prospects once they complete opening of new 8 store it will add nearly 500cr in top line so growth visibility is there...I like most is review of customer for all its store is more than 4.7/5 which indicates trust of people...I believe in fundamental and future prospects rather than GMP...
I believe in that market will give it higher valuation in future, But I am not sure of happening it near few months. I have alloted 3 retail lots and willing to hold it atleast 3 years. Q2 may Move it postive or negative.
Definitely it will fetch more return if but as its small company it need to prove consistency first...If it will prove consistency then definitely it will fetch 20-25 PE in first 2 years which is 60-70% from here which is 1st PE expansion phase and after 2 years also it can able to maintain its consistency then market will give up to 40-45 PE which will be 2nd PE expansion phase.. After that secular growth will start...My belief is whatever I have said this company has potential to do...my strategy is I will add equal amount of shares at 10% fall if market condition are bad of selling pressure but it's unlikely so I have bought enough as per my allocation in IPO itself....
And market is very smart so if people understand above scenario then it will reward company immediately also then what you say become true in immediate basis...so keep investment in this Gem... Rajesh export is just trading company so don't compare with all this B2C company...
233.5. UjwalG| Link| Bookmark|
October 1, 2023 9:24:02 PM
IPO Guru (1300+ Posts, 600+ Likes)
There is no problem in company fundamentals, valuation.It seems good if we leave skewed revenue from 1 store only. The major flag for me was absense of domestic MF from qib, as well as anchor. Its literally zero if you check qib. Ps- i know that qib is not always right, but everyone agrees that if big, more informed funds are not applying then there is something we dont know. QIBs are always most informed than us, period. I havent applied, but i hope everyone gets good listing gains.
I have noticed one thing🧐 ***Vaibhav jewellers has only 13 stores and sales is arround 2000 cr. (153cr. Per store average) *** Senco gold has 140 stores approx and sales is 4077cr. (29.12cr. approx per store only) ***Kalyan jewellers has 150 stores and sales is approx 14000cr. (93cr. Per store) *** Titan had 450 jewellery stores approx and 36000 cr. Approx sales from jewellery business ( 80cr. Per store)
How vaibhav jewellers is selling so much while 77% stores are in tier 2 and tier 3 cites 🤔 Is it window dressing or I am missing something. Expert please Say something 🙏.
229.1. Jetha Lal| Link| Bookmark|
September 30, 2023 10:54:22 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@Suraj Gupta master Ji, Vaibhav's flagship store in Vishakapatnam generate 62% of total revenue of Rs. 2027 cr and rest 12 stores generate 38% of total revenue. If you exclude its flagship store then total revenue from 12 store is Rs. 770 cr and average revenue per store would be 64 cr/store per year.
from last 3 treding session titan go down people are selling i ask my broker why titan is going down on diwali ? he smiled n says me everyone going to invest in manoj n vaibhav share because price is to low n good old strong company share n he advise me to dont sell an single share if u wnt earn money on this stock
225. Vnrao| Link| Bookmark|
September 30, 2023 5:50:47 PM
Top Contributor (500+ Posts, 200+ Likes)
Next H.Y/Qtr. Results will be declared in October with Bottomline and Topline jump of minimum 30%, which will propel the share price up to 30% from listing price. I wanted to keep my one SHNI lot till December.
Before applying in this IPO I have seen review of customer in Google and it was excellent and in jwellery one need trust and many people buying from their shop since last 30 years so that gives confidence. Other than that it's PE is only 12 and now it got money and that will be utilised for new store opening so that also add contribution in profit.. Other than that promotor hold 74%+ post IPO so they definitely try to do best... Only 60 lakh share available with retail and NII that can be sold from day-1 but person like me won't sell so I assume practically 25% people want to hold it for long term..so now only 45 lakh share will sold and that will buy by strong hand like big NII so after 2-3 days share price will increase also due to scarcity premium and it's 25 PE also justified considering peers and industry growth so double possible in next 1-2 years...so hold for long term is my mantra... just track quarterly result and carry on...
221. Vnrao| Link| Bookmark|
September 30, 2023 1:40:16 PM
Top Contributor (500+ Posts, 200+ Likes)
Need not sell in the open, even if lists in discount. Give 2 months time. Irrespective of Broader condition, Manoj Vaibhav will give decent listing. I posted same confident message about SEALMATIC which exceeded my expectation.
221.1. Vnrao| Link| Bookmark|
September 30, 2023 1:44:16 PM
Top Contributor (500+ Posts, 200+ Likes)