FSN E-Commerce Ventures Limited IPO Message Board (Page 33)

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AhireR Sir, we are interested in your long message, please atleast write in brief.
🙏

Make google doc and share url

@kdking
Sir, had written about Tatva Chintan stock, how it can become a multibagger for us..about it''s production other than speciality chemicals..It''s expanding the production capacity also, so we can see multifold growth which ultimately will drive the share price.

@roxpatel
Sir will try next time, thank you.

Lead manager is ICICI Sec. ICICI direct plays as a broker. Yes some other brokers are also allowing pre-application bid.

So that they could submit all applications on first day 10am in one shot to show retail crazy subscription for first one hour of opening.

May be getting some incentive from LM

Agree with you Lokes. Definitely listing gains will be there and people who are looking for short term gains without much interest in growth, valuation can apply.

Also, one other point to note is promoter holding is very strong at 52.56% after issue from 54.22. They are just offering less than 2.5% shares and that should give some comfort to investors. almost 90% of the OFS is from other selling shareholders mainly the private equities firms and venture capitalists

@iamnimitshah : yes agree with your points.
And as per CEO, they have left enough on the table for investors ;)
Whatever it is, issue is going to subscribe a lot and definitely around 50% or more listing gains will be there and whoever those talking here above expensive valuations or any other reason, all those are definitely going to apply on day 3 :)

Car trade ka bhi essa hi tha aaj tk ipo price cross ni kia

last few IPOs listing not as per GMP.

lets wait for anchor, it will clear the clouds at some level.
if you are comparing this with zomato, then we should expect anchor list at same level of zomato.

Comparing NYKAA with ZOMATO is better bcz dono house hold names hai....

Cartrade ko mat compare karo bcz neither a household name... and car ka resale karna vs Make-up products ka sale karna... 2L, 3L ki car vs 50-100 ki lipstick...

Last few IPOs me ab toh AMI and Paras bhi hai, jo GMP se niche nahi, GMP se bhi upar list hue the... Even Sansera listed well...

Bhai gmp ki pipudi bjana bnd kr gmp ka koi bhrosa ni haiai vo cartrade ka ex de rha ki cartrade ka gmp int accha tha fir bhi niche list hua and rolex rings jiska gmp itna acchua hua fir bhi gmp ke addhe price pe listing huk thi first app facts collect kro fir bolo

There are few ipos jisme niche khula GMP se... There are few ipos jisme upar khula GMP se... but more often den not, mostly GMP is getting followed.. and 55% GMP raatoraat 0 toh nahi hoga... Nykaa is a household name like Zomato and unlike ROLEX or CARTRADE or APTUS or jo bhi examples ho GMP failures wale.. (very few%)

If you are comparing this IPO with zomato IPO, consider below points about zomato to try to match with nykaa
- at present Zomato and Swiggy only two players in indian market in food delivery services.
- Zomato backed by strong foreign investors

Lest wait for anchor of nykaa.

At current GMP, Nykaa''s market cap will be around 85,000 crore. This is with an annual revenue of 2,400 crore and it only just became profitable. Compare that with Titan whose market cap is 2.1 lac crore, with annual revenue of 22,000 crore and consistently profitable every year. And Titan itself is considered to be quite overvalued, so you can imagine why experts think Nykaa is a highly expensive bet.

Bhai comparing titan with Nykaa?

Ok here we go...
Nykaa grew at 38% from last year in revenue... it''s growth the previous year was 59%.. Overall 1100 crore se 2440 crore in 2 years.. Can we compare this with titan? Agar ye apan maane ki next 2 years bhi rahega rate since ab pandemic khatam ho raha and recovery shuru hai, toh 5500 crore hoga revenue in 2023... Clean, Tatva, Ami ye sab high CAGR wale companies thi and market always give a thumbs up to such companies... Titan toh as of now, Growth stagnant company hai... Even future doesn''t look that bright... Smart watch, Fitness band ke zamane me watches bechna? Nykaa is going to grow for sure bcz it''s into eCommerce and it will have the same trajectory as amazon fk Indiamart being the price example..