Its valuation is super high South India Investor, I agree. Need to monitor subscription pattern before investing. My advice to retail Investors is to wait till last day. Subscription pattern indicate what QIBs /HNIs are thinking..
Most of the IPOs that have come this year , one rupee thing sold in three to five. Still many has proved to be very profitable. Now on what we will see , one rupee thing will be sold in 5 to 10 or may be even more. For this nykaa , no expert has yet tried to find out its valuation as much as it is too poor to mention. So, whatever is tried to put to show a rosy picture is only in GASEOUS stage. Whosoever can cope with this play should apply others should avoid . It is nothing doing, crying that price is high. If too many such loss making companies come at a time , it may create problem. I shall participate with lower number.
102. lomdi| Link| Bookmark|
October 23, 2021 12:00:39 AM
IPO Guru (1400+ Posts, 1000 Likes)
Bahot log nahi bharne aur valuation high home ki baat karte he... Are bhaiya nahi bharna to waste mat jane do use Grey market me bech do aur apply karo.. Khali fokat wastage kyu kar rahe ho !! Baniye ka dimag lagao aur paise ka daring dikhao..😉
very true... from GMP and listing gain aspect ... not much to think...
102.2. lomdi| Link| Bookmark|
October 23, 2021 12:00:44 PM
IPO Guru (1400+ Posts, 1000 Likes)
ye sab analysis bhi kis kaam ka !! titan 300+ hua tab se mehanga he... Dmart listing ke waqt se mehanga he.... paras dekhlo 10x !! tata motor itne saalo se he sala achanak 3 mahine me iska value dekhne lage kyu !! junjunwala aur uska group usme gira sidha boom.... koi kuch bhi bole group goto ane rupiya kamao.. :) analysis work for 1 share baki 99 me satta hi hota he.. :)
@ lomdi I like you as you so outspeak. In two posts you have covered much of the things. I want one correction . Agar 1/100 barabar mila to isko ittefaque hi samjho.
It will give you big harassment like Birla AMC, the IPO cost is very high based on the company worth, it should be below 200, Ea sab bebkuff bana rahein Heineken, personal suggestion not go for buying, the company strength is not that the IPO they are going to launch.
Tooooo expensive for a business like this. Nothing extraordinary or monopolistic in business model!! Lot many better options in secondary market with good profit making, dividend paying, monopoly business Companies. BIG AVOID.
and no entry bearer in such business model... so many online ecommerce portal which are there and making profit too... I feel Paytm has many more ecommerce feature and now in financial and banking too... but compare to Nykaa is it just 2-3 times in valuation.
Do such Ecommerce company disclose their user base statistics ?
98.2. jajo| Link| Bookmark|
October 23, 2021 10:35:55 PM
Top Contributor (300+ Posts, 200+ Likes)
This type of decisions are most welcome. It eliminates reckless oversubscriptions in HNI category which in turn prompts Retail investors also to blindly apply more and more expecting good listing gains. SEBI also taken few good proposals
बहुत सारे लोग कहते हैं NYKAA की रेट ज्यादा है, मंहगा है, यही लोग कहते थे Nazara, Lodha, Chemplast Sanmar मंहगा है! अरे भाई मंहगा है और डर लगता है तो Application बेच दो!
As long as Indians have family members this diktat (TikTok) means nothing. Now HNIs will apply the same way Retailers apply, i.e. multiple applications in the names of family members. Checkmate RBI.
Its looks like a gud decision by rbi.. will implement from beginning of next financial year.. after that we will not see any sudden explosion in hni numbers on last day.. as one applicant will b given only upto 1cr loan by nbfc.. currently there r the applicant getting loan up to 100 cr or even more.. thats makes hni subscription cross even 900 times .. its impossible for funded hni to apply from 100ac as they need to fullfil many formalities too.. with only few hours left.. that step will bring more chances to self funded hni to get allotment.. finally sebi and Rbi took action to controlled the misuse of funds .. Better late than Never..
@Noorul this is only for NBFC funding there is another category FPI who r foreign institutions and apply in HNI category getting fund from their place which wil not b affected by this RBI rule.If this rule is implemented without restricting FPIs then they wil make windfall in allotments ,it wil not serve the purpose of equitable distribution.Hope SEBI applies the same rules for FPI also by amending allotment rules
Limiting to 1 cr without keeping a ratio of amount committed by individual doesn''t make sense to me, even though overall, this move is very welcome and a step in the right direction.
Someone who has 1 cr of his own, can theoretically borrow another 1 cr which is 100% leverage to make a 2 cr application. Someone who has 5 cr of his own, can theoretically borrow only another 1 cr with 20% leverage to make 6 cr application.
Ideally a ratio of leverage is more welcome!
Also, other than the aspect of levered FPI''s, there are other structures available with wealth managers which will lead to pooling of HNI''s to circumvent this diktat. It sure does make things tough but is hardly enough with multiple loopholes.
I have seen many complaints about valuation. The internet based platform companies have a high pivot. Once it starts making profits it will be exponentially. It would have taken for FMCG companies like nestle or HUL 50 to 60 years to build a robust network and business model. Which can be achieved by this platform companies in 5 to 6 years. So for the reason there is a high GMP. If premium high big people might know something important right ? Ask you girlfriend, your wife or know women colleague about NYKAA. This brand is know for trust. I will apply in ipo if I don''t get I will buy it on listing day. Zomato today''s worth is rs 26 only and see the premium given to this company down the line of 3 to 5 years. Benefit of doubt should be given to Nykaa as well right ?