It will give atleast 50 % gain . I will apply with FF
15. antarix| Link| Bookmark|
May 11, 2022 9:19:37 PM
IPO Guru (1200+ Posts, 800+ Likes)
It looks good but only thing that needs more analysis is why everything i.e. Revenue, Assets and Profit have suddenly jumped so much for the 9 month period ending Dec. 2021? Assets were in fact on declining trend till March 2021 but popped up to 7186 crore from 4423 crore.
Venus too is no exception to that. Most recent numbers appear cooked to say the least.
14. svh| Link| Bookmark|
May 11, 2022 4:45:12 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Short term debt is high. Long term debt is fair enough manageable. This issue can be considered for application at 42 Rs. Listing around 50 can be expected.
🙏👍
14.1. svh| Link| Bookmark|
May 11, 2022 10:19:06 PM
IPO Guru (2600+ Posts, 3700+ Likes)
*🤣Paradeep Phosphate IPO Financial & Analytical Ratios⬇️* 2019-20 EPS- 3.36 2020-21 EPS- 3.88 2021-22 [ 9 Month] EPS- 6.30 Annualized Estimate EPS- 8.41 Book📕 Value of Shares as on 31-12-21 Rs. 38.04 Return On Net worth 2020-21 [ 9 Month ] :16.58% Jyada Risk Nahin hai [ 10 Paid Shares hai ] Chokhi Company hai Bhalo Company Nalla Company [ Note :- Before Applying Consult with your financial advisor and do your own research ]
500 Cr for Zauri & government offloading, 20%. 1% equals to 25 Cr.
80% remaining, 2000Cr.
1000 Cr fresh issue. So asking Market cap, more than 3500+ Cr.
Company has been increasing profit consistently over past years.
Forward PE this year comes out in between 7 to 8. A listing price at 10+ PE would mean 30%ish gain. Seems reasonably safe even in current market conditions.
In their official site, 10 year balance sheet of past decade. It has high finance cost, which effects their Profit Margins. An increase in profit margins can be expected in future, as of now it generally swings 5 to 6%. Most significant peers enjoy 8-10+% PAT margins. Huge potential when finance cost is cut.
Correct me where I'm wrong. Seems worthy of applying regardless of Market condition, IMO.
GOI is exiting completely Acquire Goa Facility - 520 Cr High Debt is a concern , more than double when compared to last FY Overall a decent IPO with some risk
5. pRACE| Link| Bookmark|
May 11, 2022 5:20:50 PM
Top Contributor (200+ Posts, 100+ Likes)
now it will be fun in SHNI category, finally a good priced ipo..
IPO Open : 17-May-2022 IPO Close : 19-May-2022 Basis of Allotment : 24-May-2022 Initiation of Refunds: 25-May-2022 Credit of Shares : 26-May-2022 IPO Listing Date : 27-May-2022