Thank you Noorali, but what about mainboard ipo and other IPO. I am thinking of diving between maximum and for that need suggestions in dividing the funds.
@ajnabeedost, you read my mind . its very interesting topic to be discussed for those like you, me, many others as 4 good issues running same time. Let me give my opinion as below, for further comments/advise from experts: Krishna 1C (if this fetch to 1 confirm lot...if not just apply in retail, allocate to Ruchi) PE 25 L (if this fetch to 1 confirm lot...if not just apply in retail, allocate to Ruchi) Ruchi Soya 50 L (this will give surely 10% returns if not more) Uma 25 L (tough allotment chances, however, this will be closing last, money could have gone to other 3, could try to apply all remaining here)
Subject to confirm is interesting part. Looks like with both PE and Krishna will be difficult. Let’s wait till last minute. If nothing works, all in Ruchi. Something confirmed is always better not sure.
This is a superb SME IPO according to me with a OPM of 44 percent. There won't be any FNO trading loss as it was a proprietary system that they developed but failed in actual market. Debt is negligible and that too from promoter. 25 Crore Cash. Business isn't capital intensive. Did buyback and can expect either dividend or buybacks after listing. Management Compensation and Related Party Transactions look ok to me. Need to watch how B2C pans out.
If you are applying through ICICI BANK netbanking via ASBA mode . You can only apply there is no modify or cancel option . after changes done for CDSL clients . Now they missed out this option .
I already given reason below . The subscription figure is making listing gain. However I will still put my money on Krishna . PE is second preference .i have still not applied. Will rethink at 2 p.m.i have already written earlier if HNI goes above 10 times one can apply for listing gain.
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March 24, 2022 1:35:05 PM
IPO Guru (1300+ Posts, 500+ Likes)
One can Apply in PE ...WITH FF My Cousin Got One Lot...in KN
@Bhav, you answered your question partly already. just MY preference is 'Krishna' than 'PE'. btw, @lokes and many others said 'PE' is better than 'Krishna'. I might agree in principle, however, I have given preference due to 'Hem'.
Various reason I am skipping this one. It's an online search platform and I am somehow not in favour of such business and can't identify the future of such company . It's a big issue size . They did trading in f-o which I simply can't understand for someone running stable business doing that . I don't expect huge listing gain maybe small gain possible but still not convinced to apply in this one.
Will make 2 retail applications. I like PE over Krishna, zero debt, new age type of business , interesting that they have named Latent view as peer. Latent had named Happiest minds as their peer. Hopefully PE won't repeat F&O misadventure Missed Swaraj and KN agri IPOs, was in the middle of a trip