Lc will continue for few days , below 250/- a good buy.
93. SSingh| Link| Bookmark|
July 2, 2024 8:10:20 AM
IPO Guru (1400+ Posts, 800+ Likes)
Should be difficult for operators to make this run one sided because of 100 Crore+ IPO size. So should correct a bit post listing until and unless some big names appear in bulk deals. So, no need to enter in preopen if listing is with more than 50% premium. Better to stay cautious else kab kaun sa SME ghar jamai banega, we never know. 🙏🏻
93.1. SSingh| Link| Bookmark|
July 2, 2024 10:33:15 AM
IPO Guru (1400+ Posts, 800+ Likes)
Cancelled my order as total volume is not even 20% of IPO size. Should hit LC followed by a few more LCs. Disclaimer: Not a buy/sell recommendation. Just sharing my thoughts. 🙏🏻
93.2. SSingh| Link| Bookmark|
July 2, 2024 11:01:34 AM
IPO Guru (1400+ Posts, 800+ Likes)
Petro Carbon And Chemicals Ltd NSE SME IPO. NSE Code:-24294 Symbol:-PCCL Group:-ST ISIN:-INE998U01015 Issue Price:-171/- Market Lot:-800 Shares Face Value:-10/- Listing At:-NSE SME
Good evening friends.. WHO ALL ARE PLANNING TO BUY IN PREOPEN 🤞 please reply here as experts positive on company so we can also jump ✌️ n join the party 🙏 reply pls @diwan kapoor@Chhote Lal@PLAZA
@SJ❤️ Bhai.. Though Have a intention to buy in pre open but with a caution, due to following factors.. 1. West Bengal based company.. !! 2.Very large size Equity.. !! 3.All of sudden Multifold increase in profitability of the company in last year..!! So personally i will take atmost precautions before entering in pre open..!!
86.3. IPO VALSAD| Link| Bookmark|
July 1, 2024 8:39:41 PM
Top Contributor (300+ Posts, 100+ Likes)
Raw material used in cpc is pet coke which shows very much price drop ... And in cpc as capacity increase, margin and profitability further increase...
Management are confident that margin expansion are continuing in coming years also....
Current p/e is only 4.57...
My next year earning projection comes near 70 cr full year profit... Which increases p/e from 4.57 to 5.9... which is also too much undervalued....
My future p/e estimation is 13x... Which lift the price of petro carbon near 375 in 3 month...
P/e expansion upto 20x will very much possible....
Company shut down it's operation in 2022 end due to environmental policy violation issue... And raw material price is also quite high....
Now management is very confident about following all policies and material price should be stable in coming future....
Current valuation are quite attractive....
86.4. Vnrao| Link| Bookmark|
July 1, 2024 10:02:10 PM
Top Contributor (500+ Posts, 200+ Likes)
@IPO VALSAD I fully agree with you. With mouth watering valuations the scrip should command 100% listing gain, but the red flag is it is Kolkata base. Barring a very few, Kolkata base IPOs have not given the reasonable listing gains. I would like to hold my Allotted lot for upto Dec.24 results. If everything goes well as expected by the Management, the scrip should be quoting around Rs.450/500 levels.
86.5. IPO VALSAD| Link| Bookmark|
July 2, 2024 12:04:06 AM
Top Contributor (300+ Posts, 100+ Likes)
But you must see Kolkata based company nephrao healthcare which has very high quoting gmp more than 170% and it may even list above 200% ... Reason is promoter pratim sengupta.... When the company is genuine... Promoters are genuine.. than you must not fear of losing money.....
86.6. SJ❤️| Link| Bookmark|
July 2, 2024 12:07:08 AM
IPO Mentor (800+ Posts, 200+ Likes)
@diwan kapoor bhai West bengal company are risk or what?? I dont know want know so can play safe here 🙏
@IPO VALSAD Thank you very much for your inputs sharing Sir.. Your information is very importent to take any future action on this share.. Will keep your inputs in mind..🙏 @SJ❤️ Since the Tata has shifted his tata motors plant from Singure (W. Bengal) to Gujarat..no new investments are coming in this state.. Lal jhandaadar jab marji jhanda gaadkar strike kar dai.. Koi nahi kah sakta.. Phir govt bhi unhi ko support karti hai.. Tabhi to tata ko bhi baagna pada vaha se.. !! Phir bhi @IPO VALSAD & @Vnrao Ji ke view se mai sahmat hun.. Ki company ka share cheap valuation par available hai..!! So kal price movement dekhkar mouke par decision lena hoga.. Bhai 🥀🥀
85. Vnrao| Link| Bookmark|
July 1, 2024 4:59:32 PM
Top Contributor (500+ Posts, 200+ Likes)
Today's SylvanPly listing is a little bit disappointing, I feel being Kolkata base. Tomorrow PCCL also may not list at great premium as this also is of Kolkata base. However, going forward, with improved earnings and profits show, PCCL could be a multibagger with its niche product strength.
85.1. IPO VALSAD| Link| Bookmark|
July 2, 2024 12:06:57 AM
Top Contributor (300+ Posts, 100+ Likes)
I bought sylvan ply today in pre open brother... And also Shivalik.... If company is solid... Distribution network is solid than it will fly whatever it belongs to...
March 2023 results showing Revenue of 515 crore, Profit of 6 cr 60 lacs,.. which includes 2 crore 10 lacs as other income, Means buisness income of Rs 4 cr 50 lacs.. profit is 0.88 %,..
80.1. IPO VALSAD| Link| Bookmark|
June 30, 2024 11:55:05 PM
Top Contributor (300+ Posts, 100+ Likes)
Bhai... Raw material used in cpc is pet coke which shows very much price drop ... And in cpc as capacity increase, margin and profitability further increase...
Management are confident that margin expansion are continuing in coming years also....
Current p/e is only 4.5.7...
If financial are Cooked... Than also my next year earning projection comes near 70 cr full year profit... Which increases p/e from 4.57 to 5.9... which is also too much undervalued....
My future p/e estimation is 13x... Which lift the price of petro carbon near 375 in 3 month...
Balance sheet looks cooked,one should see full year results and invest..
Watch/buy 1st July listing Shivalic Power/ Divine power are expected to give good returns.
78. Vasubhai| Link| Bookmark|
June 30, 2024 10:13:58 AM
Top Contributor (300+ Posts, 100+ Likes)
Thanks god. I targeted this company for allotment. I got it one lot.i definitely hold for till 2 or 3 half yearly result.i see it will give multibager return. I 100% trust in his management and bussiness model. This is my personal view. Wellcome any Suggestion
77. abc xyz| Link| Bookmark|
June 29, 2024 8:27:29 PM
IPO Guru (1400+ Posts, 1400+ Likes)
The positives of this Petro are
1. The Revenue has Increased from Rs.152 Crores in FY21 to Rs.515 Crores in FY23.
2. The EBITDA has Increased from 5 Crores in FY21 to 26 Crores in FY23.
3. The PAT has Increased from 12 Lakhs in FY21 to 6 Crore in FY23.
4. As per FY23, CFO/EBITDA is 1.41, As per FY24, EPS is 37.95,
5. Market Capitalization is 422 Crores & P/E is 4.5x based on FY24. Valuation of 4.5 leaves ample scope for good appreciation.
6. OPM have been improved from 5.07 % to 24.15% which is the most important factor driving it's profitability.
I too got ample lots in Petro & likely to retain it for atleast some time. Some time back I got 3 lots of DCG cables @100 in April 2024. After that it went down upto 80 & I haven't sold it as it's balance sheet was really good. Yesterday DCG made a high of 133 which again proved my strong conviction right. I truely believes that market will give 👍 thumbs up and respect the numbers. Here too I am impressed with its numbers. Let's see. Fingers👆 crossed🤞.
Contentious issue with PCCL is IT'S PURE OFS and also 9m earnings springed up suspect window dressing
Me too got 1 retail first time in PCCL Where i applied last minute (4:15 pm) without any pre subscription analysis
Can you throw some light on anchors and qib subscription?
I'm not in a mood to gather money on listing but either side circuit can shake me
77.2. Vnrao| Link| Bookmark|
June 29, 2024 11:18:20 PM
Top Contributor (500+ Posts, 200+ Likes)
Good Results impact, Debt was reduced by more than 50%.
77.3. Safe Bet| Link| Bookmark|
June 30, 2024 6:09:39 PM
Top Contributor (500+ Posts, 100+ Likes)
@harit Yes the figures are what one is betting on. However IMO the anchor list has Silver stride and Forbes EMF (Addictive/ KP engineering) which is a positive. Even I am getting a bit dicy about Kolkata origins. (Jivanram/ Auro Impex)