Patron Exim Limited IPO Message Board (Page 5)

Isme pakka game higa

Do you have any idea about GMP ?

Not getting much confidence in this IPO.
Waise v all money invested in issue closing on 21/02/2023.
So no chance for application in this.

Very poor Financial performance

Any idea about GMP??

Seller at par

LM's past performance does not give confidence.
3 out of 5 IPOs handled by it listed in discount.

Profit and net asset increasing with decrease in revenue... any 🎩?

BHATIA COLOUR KI DEAL OR LISTING LOSS LENE KI DEAL HUI THI JISME BECHARE RETAILER FASS GAYE
TOH YE SAB ANDAR KI BAAT BAHOT KAAM LOGO KO HI PATA HOTI HAI SO BE CAREFUL IN APPLYING SME

At last,....Dates are declared....Thanks God

Patron Exim Limited
Date 21Feb-24Feb,
Price Band 27,
Lot Size 4000,
Issue Size 16.69 Caror

Opens : 21st Feb 2023
Closes : 24th Feb 2023

ITNE TIME SE DATE HI NAHI A RAHI ISKI AUR WO SAN TARICA WALE KI. WHY?

One thing worth noticing in Patron's DRHP is the EBIDTA rising gradually.

Its avoid for me

How can one say avoid or not without the prices and valuation ...

will wait and then comment

Please check history of promoters and let me know what return past issues have given to public...

why Dates and prices not being disclosed?...

Waiting for what???

Still no details on public domain....Keep on waiting

Ab disclose ho gayi hai, toh mein promotors or LM ki himmat ko dad deta hu, ke date select ki immediately after Sealmatic & Macfos ipo. Logo ke paas kya bacha hoga isme apply karne ke liya!!!

experts please rank the issue for applying in all sme pl.

Some IPOs will destroy the whole SME IPO market for sure.... Small investors will run away for ever

Sahi bole Romi Bhai..ye sab ipo aane se lagta hai wapas se sme platform mai 2019-20 wala time aa jaega...ye sab usko nisani lag rhi hai

How come Exchange allowing such type of LM coming to loot public . In a single year this has destroyed about 4 SME .

I read "Patron Exim" as "Promoter's Exit" 🤣🤣🤣

Poor Joke........

good joke 🤣

The company has earned profit of 2 Lakhs and 7 lakhs in a turnover of 25 crores and 20 crores respectively.
@rajabanks, if the company has switched there business from trading to commission, than why company needs Borrowings and IPO funds for commission business.....

In FY 2022, the company had turnover of Rs. 387.95 lacs as against the turnover of Rs. 2053.58 lacs in FY 2021 and Rs. 2488.70 lacs in FY 2019.
(Why 2020 figures missing in urs reply and prospectus as well)

Is it for switched over of the business again 😂

Avoid.... I must say

Why should one apply here?
Financials seems to be cooked - Revenue is decreasing but surprisingly, NP is increasing. Borrowings have also increased manifolds. LM's performance is below mark.
I don't find a single reason to apply here.

Q. Why is profit rising after declining revenue?
Ans- In FY 2022, the company had turnover of Rs. 387.95 lacs as against the turnover of Rs. 2053.58 lacs in FY 2021 and Rs. 2488.70 lacs in FY 2019.

***The Firm had switched to act as commission agent and charge the commission instead of purchasing the goods and selling the goods. ***

In FY 2022, the commission income of the firm was Rs. 113.66 lacs as against the commission income of ` 0.14 lacs in FY 2021 and `27.74 lacs in FY 2019.

So they basically switched their way of business and increased their profit margin drastically, a smart move if you ask.