Paradeep Phosphates Limited IPO Message Board (Page 14)

I am applying to this IPO

FV 10, IPO price 42, looks highly discounted. Is it the case? I have not studied valuation parameters and industry average.

@Learner SK There is no correlation between FV and Price of share. FV is theoritical and symbolic concept which doesn't have any role in valuation of the company.

@arunARUN At higher price band Mcap is 3420 crores and IPO size is 1502 cores so there is dilution of 44% stake so post IPO promoter holding will be around 56%.

@Display @ Jetha Lal - My intention was not to correlate FV with IPO price. Now a days, 10 FV is rare. People sub divide to 5 , 2 and even 1 to keep price in attractive range. PPL must have issued lot of shares earlier and hence they did not sub divide further as the valuation expectation is 42 only. If they divide again to 5, valuation will be 21 and with 2, it will be 42/5 = 8, with 1 FV, it is 42/10 = Rs 4.

Issue price 42. Does this mean it's a penny stock when listed?

after lic listing , what u guys think on this ipo
(a little bit under pressure due to lic ig )
share your views ‼️

;)

Looks on the similar grounds of Indian Pesticides Limited (IPL)

31st Dec 2021.
EPS 6.3
PE. 6.6
Industry lowest PE .11.0
Debt 1750 Cr.
PAT . 362 Cr ( 9Month ).
Revenue : 5973 Cr
ROCE 14%

Gmp .70/.90

it reduced from high of 2.5 to now in point..

Gmp badh nahi raha ye ipo me ajj market achha tha fir bi gmp nahi badha
Soch samaj ke kerne jesa ipo lag raha
Kam price dekh ke fas na jaye.

Going to apply for few lots like 30-40% of my capacity don't want too much allotment because already burnt my hands in Rainbow and after today's lic listing IPO market sentiment is not looking good and markets are also very volatile.But Company looks decent valuations are good so taking some risk
Plz share your strategy and views on this IPO

@BM Surana
Paradeep ipo apply or avoid?

Thanks

@Dilip Davda
U said Rainbow ipo is priced at a PE of 43.5 and after listing at discount its PE is 92. Why did lie to the Retailer investor?

Paradeep Phosphate P/e 7
Listed Peer
GSFC P/e 7
Coromandel International P/e 18

Ytd performance of both : Gains of 24%
Apply( according to your own risk)

B. M. SURANA JI
Ye ipo kya lagta he?
Apply karne jesa he ya nahi
Reply

This ipo is only for "real" long term investors. Others should stay away. याद रखना मार्केट बहुत कुछ सिखाता है मगर उतनी ही जबरदस्त फीस भी लेता है।

Smile. तुम वक़्त जाया कर रहे हो| यहाँ कोई कुछ नहीं सीखनेवाला| सब जिंदगीभर बस सिर्फ फीस ही भरते रहेंगे|

The issue is partly an offer for sale.
Out of fresh issue major crunch is going to one of the promoters by way of purchase of Goa unit.
Goa unit is a loss making unit.
Promoter is going to get rid of the loss making unit.
Share is fully priced.
There is nothing innovative.
Performance of the company is average.
I will like to skip this average issue.

LIC Always support market
But no one support LIC

Maximum expected subscription
RII - 8.71 times
sHNI - 10.59 times
LHNI - 2.41 times

Now it is impossible that RII subscriber 8.71 times

GMP 3

Source ??

The Paradeep Phosphates raised Rs 450 crores from anchor investors on 13,May 2022 Friday before the its IPO. Paradeep Phosphates IPO to open on 17,May 2022 Tuesday. The company allotted total of 10,72,66,532 equity shares to 20 Anchor investors at a upper price band Rs 42. The anchor investors list includes 7 Mutual Funds through a total of 11 schemes. The company is going to raise Rs 1,501.73 crores via IPO.

Anchor investors :- Goldman Sachs, BNP Paribas Arbitrage, Kuber India Fund, Copthall Mauritius Investment and Societe Generale.

Domestics Mutual Fund :- ICICI Prudential Mutual Fund (MF), Nippon India MF, SBI MF, Tata MF, HDFC MF, DSP MF and Mirae MF.
[ Before Applying in IPO Consult with your financial advisor and do your own research ]

Surana ji,

FII anchor list is almost same as in Venus pipes. no change

Due to discount listing in LIC , it will impact this IPO in terms of subscription . The sentiment play for couple of days and it will slowly settle down.
I still thinks that this IPO will list in premium.

Sentiment is very Negative after rainbow & Lic. GMP also flat here. looks not screeming apply. should wait for last day for demand.

Yes, Applying only based on demand. I am positive only on this , avoiding other 3 IPOs.