90.1. lomdi| Link| Bookmark|
October 23, 2021 11:29:45 AM
IPO Guru (1400+ Posts, 1000 Likes)
koi fayda nahi mota bhai... koi bhi ipo allotment ration 1:1 se uper chala jaye to 1,99,000 ki application karoge to bhi 15k ka mal hi lagega wo bhi lottery system me.
On one hand we have undervalued IPO like Paras on the other we have Cartrade, Zomato, Nykaa. Initially I was planning to apply blindly but now thinking. 53000 crore valuation for a business that generates 35 crore profit?
Zomato gave 50% listing gains, 80% if you''re still holding, so you can say it was undervalued even on listing day. Valuation of a biz can be a very complex more in case of new gen biz
Line another person pointed out. Valuations are in crores and I assumed results also in crores whereas it is in millions. Which big corporate gives results in millions? Usually SME ipo do that.
there should be same standard for all financial reports and non financial reports too.
and in india we are use to Lacs, crores ... but now due to Valuation calculated in Million and Billion and that too in Dollar... dont know why not simply use Rupees in valuation :)
Till 22.09.21 I holded chemplast sanmar and sold 27 shares at 551 after I got 1 allotment, same day it rose like anything. Now see the rate. Anyway I will follow experts opinion. Please ignore mine.
85.1. Crow| Link| Bookmark|
October 23, 2021 3:03:09 AM
IPO Mentor (700+ Posts, 900+ Likes)
Exited Chemplast at 805 completely. Got handsome profits.
Nykaa is also a profitable company, a feat that only a handful of venture capital-funded start-ups have achieved to date.
The online retailer posted a net profit of Rs 62 crore in FY21 compared to a loss of Rs 16.3 crore in FY20.
Nykaa’s total income stood at Rs 2,452.6 crore in FY21, a 37.9% growth from Rs 1,777.8 crore in FY20.
Its expenses stood at Rs 2,377.2 crore in FY21, a 32.7% increase from Rs 1,790.2 crore in FY20.
The company, however, mentioned that its growth rates and profitability could be impacted if it fails to acquire new customers in a cost-effective manner.
“We cannot assure you that our historical growth rates will be sustainable or achieved at all in the future. If we fail to acquire new consumers, or fail to do so in a cost-effective manner, we may not be able to increase our review or maintain profitability,” Nykaa said in its final prospectus published on Friday.
1 Rs Face Value for 1125/- that means Standard FV of 10 Rs would be 11250/- Ridiculous valuation. They have left nothing for Share holders. May be they are in profit but valuation of 11250/- for FV of 10 is too much to digest for a start up
Sbi card has received 45x in hni... Size almost double of it.. adding the fact dat many new players join from that time.. There is no genuine gmp of fino bank heard as of now.. if fino shows good demand in grey than sub figures wont cross 70 mark..
79.5. sdz| Link| Bookmark|
October 22, 2021 7:01:25 PM
IPO Guru (1000+ Posts, 500+ Likes)
@Noorul...if HNI 120x, then 1 lot allotment for every 16.2lk and 12*600=7.2k profit. Will try to accumulate funds to get 3lot allotment by next week then 😂 You should target 1lk profit 😉
@ sdz.. if i skip fino than will surely get more than 5 lot.. targeting any amount to earn would b to much in current scenario.. as we all witness what happend in car trade.. these big size issue never gives comforts in all parameters..
79.7. jstm| Link| Bookmark|
October 22, 2021 10:52:04 PM
IPO Guru (1300+ Posts, 3200+ Likes)
Fino :1300 cr. Still dates of the IPOs in the pipeline may get fixed next week. It''s interesting to see whether more IPOs get clashed or what. If this can turn out to be true , poor listing can be expected like before. Anyway RBI''s decision is beneficial to us who apply with self funding.
79.10. sdz| Link| Bookmark|
November 1, 2021 5:13:15 PM
IPO Guru (1000+ Posts, 500+ Likes)
@Noorul... You were bang on 👌 i expected 80-100x. I''ll get only 42 shares @112x. Wish I''ll get a lot in retail too 😜 9:1 application wise i think. Hope it lists above 1700 as per GMP.
At Upper band 1135/- total market cap will be around 53000 cr , more then $7 Billion. HATS OFF .... I feel there are other better known apps in terms of user and popularity among customers with lower valuation comparatively, but anyway my view doesnt matter :)
72. KING VINOD| Link| Bookmark|
October 21, 2021 10:03:14 PM
IPO Guru (2400+ Posts, 5300+ Likes)
Issue Date : 28-Oct to 1-Nov, 2021 Fresh : Rs 630 Cr OFS : 41,972,660 Shares Retail : 10% EMP : 250,000 Shares FV : Rs 1 Price Band 1120 - 1125 (Tentative) Lot Size 13
IPO Open : October 28, 2021 IPO Close : November 1, 2021 Basis of Allotment : November 8, 2021 Initiation of Refunds: November 9, 2021 Credit of Shares : November 10, 2021 IPO Listing Date : November 11, 2021
@CROW Agreed! Its totally greedy on their part to overprice the the ipo price and raise as much money as possible. Anything above 1k is totally exorbitant.... A range of 850-900 would have still been fine and anything below 800 would have been excellent pricing. No wonder they delayed the IPO because of their greed.
Price band of Rs 1085 - Rs 1125 Per Share with a face value of Re1 ?? Also not consistent with the profit QoQ! Looks like the promoters just want to ride on the IPO train and take as much money from the market, as possible. Surely would see the market trend, GMP, and overall subscription rate before applying. In the recent over-hyped market, fundamentals are least bothered by most retailers... Don''t be such retail investor
71.1. DuckkyDuck| Link| Bookmark|
October 22, 2021 4:48:14 PM
Top Contributor (200+ Posts, 200+ Likes)
Harsh truth is Priced high or low, doesn''''t matter in this case. It is having a brand value now. It will fully subscribe, actually highly subscribe like zomato. People, specially me, will invest in this because of following just 4 lettered impactful sentence, even when I don''''t have a girlfriend : "Invest in your Girlfriend"
Its basically, I am investing in others girlfriends.