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Plaza Wires Limited IPO Message Board (Page 20)

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118. Crow |   Link |  Bookmark | October 3, 2023 9:06:04 PM
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)
Crow Verdict: A tiny issue for a small-scale setup in an industry of bigwigs, Plaza Wires doesn't demand my attention. It reminds me of HP Adhesives (with similar sub figures as of now), which looked like a "lavangi" but blasted like a "rassi bomb" post-listing. I'm not saying PWL will behave like HPA but I like that it's using the IPO proceeds to set up a new unit. It seems like a growth player and comes with a not-so-moderate valuation. 10% retail quota means chances of dull listing are next to nil. But I have no recommendation for this counter because allotment is next to impossible. I didn't want to waste my time on this.

Crow's skin in the game: Applied 3 retail lots and accepted UPI mandate.

Crow's last NEUTRAL recommendation: HMA Agro Industries (7% listing pop and currently up 26%).
118.3. Crow |   Link |  Bookmark | October 4, 2023 3:10:36 PM
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)
@newgen consultancyji, UDS's listing today and MVGJL's performance today gives me the jitters for Plaza. It's a reality check for all of us.
118.4. NARESH ZALA |   Link |  Bookmark | October 4, 2023 8:30:24 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@Crow Thnks sir for your precious words
117. SMEIPOONTHEWAY |   Link |  Bookmark | October 3, 2023 9:58:54 PM
Can anyone please confirm whether shareholder and retail same be applied in a single IPO with same pan and demat?

And does Upstox provide the said facility?
117.1. Aagri porya |   Link |  Bookmark | October 3, 2023 10:12:20 PM
Yes if there is shareholders quata in any IPO and u have shares of parent company then you can apply 2 diff. Application from same account 1 as shareholder and other as retail
117.2. ARB |   Link |  Bookmark | October 4, 2023 9:04:27 PM
the other application should be retail only ? Can it not be from sHNI/bHNI category ? Please clarify.
116. SONMAYA |   Link |  Bookmark | October 3, 2023 5:37:43 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
*Plaza Wires*

Approx break up applications : @5.00pm
As per NSE average

HNI above 10L - 2,379(7.00x)

HNI 2-10L ~13,700(80.59x)

Retails - ~5,34,550(112.16x)
116.1. Analyser |   Link |  Bookmark | October 3, 2023 8:17:05 PM
I can't understand why SHNI is such over subscribed than BHNI
116.2. Analyser |   Link |  Bookmark | October 3, 2023 8:43:03 PM
Why BHNI only 1:7 એન્ડ why SHNI 1:80. ?
115. montu parashar |   Link |  Bookmark | October 3, 2023 5:48:25 PM
Why this ipo open for four day instead of 3 day even it smaller size.if anyone know please share there view...
115.1. Paymzia |   Link |  Bookmark | October 3, 2023 6:55:48 PM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)
In some states 29 september 2023 was holiday .That's why 4 days
114. Ashish Macwan |   Link |  Bookmark | October 3, 2023 5:47:56 PM
Can we apply in Plaza IPO only for listing gains ? I m confused what to do.. Plz guide
113. newgen consultancy |   Link |  Bookmark | October 3, 2023 5:09:06 PM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
Aprameya Engineering which filed DRHP in 2021 but withdraw its DRHP due to Bad Market conditions has now refined SME IPO
Registrar : HEM
Financials :
Rev - 35 cr
PAT - 7.45 cr
112. GrayIsTheNewBlack |   Link |  Bookmark | October 3, 2023 5:05:15 PM
IPO Guru IPO Guru (2200+ Posts, 1300+ Likes)
Plaza bHNI 500x jaayega ??
Application wise close to 100x.
111. Aakas |   Link |  Bookmark | October 3, 2023 10:06:53 AM
Dear Experts,
Need one Suggestion I have capacity to apply 1 shni lot.
Shall I go ahead with Plaza or Valiant please suggest.
111.3. Aakas |   Link |  Bookmark | October 3, 2023 1:59:08 PM
Thanks @SONMAYA
111.4. k l patel |   Link |  Bookmark | October 3, 2023 4:28:51 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
capacity along with experience required here, if you are mentally prepared to handle any profit or loss of 14 lots at a time then can go with shni
110. newgen consultancy |   Link |  Bookmark | October 3, 2023 2:36:38 PM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
Manufacturer & supplier of finished goods for “Jindal Pipes Limited” ( Jindal Star ) and Exporter of products like Mild Steel/Carbon Steel ERW Black and
Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils

VIBHOR STEEL TUBES Ltd. Files DRHP with SEBI

Issue size : 66.47 cr ( Full Fresh )
FV : Rs.10
Retail : 35 %
Employee Quota : Yes

Financials FY 23 :
Revenue - 1114.4 cr
PAT - 21.07 cr

LM : Khambhatta Securities ( Sixth sense )
Registrar : KFIN TECH
110.4. Palka |   Link |  Bookmark | October 3, 2023 4:07:54 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
Is it main issue of 66.47 crore only?
110.5. newgen consultancy |   Link |  Bookmark | October 3, 2023 4:19:56 PM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
Yes only 66.47 cr
109. Neelesh Chouhan |   Link |  Bookmark | October 3, 2023 2:36:21 PM
Axis Third Party ASBA disabled or not?
Kindly guide us
109.1. Neelesh Chouhan |   Link |  Bookmark | October 3, 2023 2:42:30 PM
Screen shot

109.2. Paymzia |   Link |  Bookmark | October 3, 2023 3:16:15 PM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)
Not allowing third party asba
108. newgen consultancy |   Link |  Bookmark | October 3, 2023 1:37:08 PM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
Manufacturer and Assembler of SMT
components ,Semiconductor Wafers, Display fabrication units including Liquid Crystal Displays (LCD), Light Emitting Diode (LED)

POLYMATECH ELECTRONICS Files DRHP

with SEBI

Issue size : 750 cr ( Full Fresh )
*can consider Pre-IPO of 150 cr

FV : Rs.10 /-
Retail : 35 %

Financials FY 23 :
Revenue - 651.62 cr ( CAGR of 600 % 🤑)
PAT - 167.77 cr ( CAGR of 1000% 🤑🤑)

LM : Khambhatta Securities ( Sixth sense )
Registrar : Linkintime
108.4. newgen consultancy |   Link |  Bookmark | October 3, 2023 2:24:20 PM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
Many of you would have confused including me about What is SMT components

It includes Semiconductor Chips, Chip Modules, Sensors, Transducers, Actuators, Discrete Semiconductor devices, display Assemblies, Touch Panels, Micro and Nano Electronic Components
108.5. Jetha Lal |   Link |  Bookmark | October 3, 2023 2:42:37 PM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
@newgen consultancy Ji,
Haha
Thanks and i wish good health for you as well.

I was casually going through drhp after seeing your message here. The sale growth is mindboggling and it made me curious to look its financial.
First i saw shareholding pattern as i was searching for some big private equity name because Chip manufacturing is high expertise and capital intensive business and i thought they might had needed funding in early days but i found only one unknown to me investor having only ~2% stake.

Then i thought the sale number is due to acquisition but B/S & CFS say they have acquire P&M.

The auditor is S S Kothari which is reknowned audit firm so i doubt something could be cooked.

This company seems intrigued to me in terms of apprehension. I will study it closely once RHP will be filed.
107. DARSHU |   Link |  Bookmark | October 3, 2023 1:06:20 PM
Valiant or plaza ??? Experts pls guide
107.1. Ankit agarwals |   Link |  Bookmark | October 3, 2023 1:23:46 PM (300+ Posts)
Both
Bcz valiant ka pesa kal night tak wps aa jayega
107.2. Hrishikeh |   Link |  Bookmark | October 3, 2023 1:33:59 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
apply retail only because if you are thinking to apply in SHNI then its just a block unblock game in both the issues,
better to apply from multiple accs in retail only
106. DARSHU |   Link |  Bookmark | October 3, 2023 1:04:29 PM
Valient or plaza ? Pls guide
106.1. Jai sriram |   Link |  Bookmark | October 3, 2023 1:19:31 PM
Dono
105. AMJ |   Link |  Bookmark | October 3, 2023 11:09:10 AM
Can I bid for more than one lot in Retail category? If yes, then let's say if I applied for 3 lots in retail will my chances of getting the IPO allocated increase?
105.2. k l patel |   Link |  Bookmark | October 3, 2023 11:42:14 AM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
no
105.3. KING KRISHNAA |   Link |  Bookmark | October 3, 2023 1:04:09 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
No,lottery system
104. SONMAYA |   Link |  Bookmark | October 3, 2023 11:03:38 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
@DEAR, JETHALAL and NEWGEN CONSULTANCY SIR please Share your Views AND news on this PLAZA WIRES IPO...THANKS IN ADVANCE🙏
104.1. Jetha Lal |   Link |  Bookmark | October 3, 2023 12:22:10 PM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
@SONMAYA Ji,
Due to nanocap size of company i won't study it.
IPO size is too small only extremely lucky people will get allotment.
Anyone with few crores can manipulate this stock on listing and the trend of IPO listing says that this will list in profit as well.
If you have surplus fund then you can try your luck here.

Thanks.
104.2. KING KRISHNAA |   Link |  Bookmark | October 3, 2023 1:03:39 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Only 4765 lucky retailers will get allotment
103. chIPOrgarh |   Link |  Bookmark | October 3, 2023 11:24:33 AM (200+ Posts)
From where these retailers popped up?
103.1. Jetha Lal |   Link |  Bookmark | October 3, 2023 12:25:43 PM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
@chIPOrgarh 
Retail quota size is only of Rs 7.13 cr worth of shares.
Only 4765 lucky people will get allotment in this.
102. ashishn |   Link |  Bookmark | October 3, 2023 9:14:08 AM
Wat r chances of allotment if I apply maximum 13 retail lot or should I apply only 1 lot?
102.1. Vimal Garodia |   Link |  Bookmark | October 3, 2023 9:36:44 AM
IPO Guru IPO Guru (2200+ Posts, 2100+ Likes)
Chances in 1 lot and 13 lots are the same. In an oversubscribed IPO it is a lottery based allotment.
So apply just one lot. All the best..
101. RVH |   Link |  Bookmark | October 3, 2023 8:53:29 AM
Off Topic.
Please suggest PNB HUF Savings account give ASBA facility?
Experience people give guidance.
101.1. Ankit agarwals |   Link |  Bookmark | October 3, 2023 8:58:11 AM (300+ Posts)
No
I m using but online asba option not availbale.only fixical form submit bank branch.
100. Monisha |   Link |  Bookmark | October 2, 2023 10:29:08 AM
Reading my old diary yeterday, I recollected one line form there.....I belong to a middle-class family. When I was young, I had wealthy friends. But my father taught me: Always aspire, never envy.
Here at this site I noticed that some of new members jealous from some of our learned and wealthy members when they write that they have applied .....BHNI applications or ....Lots for SME IPO.
Frineds ....
If you meet someone who is rich, always aspire (to be like them), but never envy them.
Only by aspiring you can reach there where they are today. Keep Growing
100.9. Monisha |   Link |  Bookmark | October 2, 2023 9:30:24 PM
@SONMAYA You are average of 5 people you spend most time with. My thinking is great just because I spend time with great people like you on this oustanding platform. Keep Shining
100.10. Krishna T |   Link |  Bookmark | October 2, 2023 11:26:27 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Yes, always try to learn, reach and go beyond them when you see such opportunities without any kind of jealousy of-course!
99. Krishna T |   Link |  Bookmark | October 2, 2023 11:21:52 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
FYI.. applying 2 great SME is better than applying 1 SME kind of mainline Plaza Wires IPO for HNI account holders.

-----

Multiple SME options:
Sharp Chucks And Machines + Oneclick Logistics
1,16,000 + 1,18,800 = 2,34,800/-

Sharp Chucks And Machines + Kontor Space
1,16,000 + 1,11,600 = 2,27,600/-

Kontor Space + Oneclick Logistics:
1,11,600 + 1,18,600 = 2,30,200/-

etc..

-----

Single mainline option:
Plaza Wires:
2,09.412/-
99.1. Krishna T |   Link |  Bookmark | October 5, 2023 12:57:42 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
See subscription, again something is always better than nothing! I followed this and applied retail in Plaza Wires!

After all, Plaza Wires mainline is more like SME instead of real mainline :)
99.2. Krishna T |   Link |  Bookmark | October 10, 2023 10:27:04 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Let me give you analysis, pros/cons v/s profit/risky bet for 4 back-2-back good/risky IPOs:

Here you can notice that, our team got nothing for Plaza Wires like i suggested "Something is always better than nothing". Not sure, how many would have followed my advice though! In short, if we would have applied full sHNI only in Plaza Wires then we would have received big 0 for mass applications.

Vishnu:
2/40 (subscription - 43 times)

Plada:
1/27 (subscription - 73 times)

Sharp Chuks:
2/17 (subscription 63 times)

Plaza Wires:
0/all (retail+sHNI) (subscription 400+ times)

Goyal:
0/26 (subscription 377 times)