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Popular Vehicles & Services Limited IPO Message Board (Page 2)

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113. IPO Electrifying |   Link |  Bookmark | March 16, 2024 10:03:39 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Looks more fall in market. Apply buy on deep strategy. Anything can happen. Graho ki dishaye badal rahi hai.
113.11. Asoke sarkar |   Link |  Bookmark | March 17, 2024 7:21:07 PM
IPO Mentor IPO Mentor (700+ Posts, 800+ Likes)
@​ Mogambo ka Bhateeja
Not 02/11/23 , it is 7/2/24 after market hours that the PM made the remarks.
You will see the culmination of many psu with it if you want to know the fact .
He gave a overview of psu performance as well.

I don't think that our PM is wrong but it's the fact that his bragging .......
So you can start your homework afresh for your understanding.

Thanks
113.12. Mogambo ka Bhateeja |   Link |  Bookmark | March 17, 2024 9:39:54 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@Asoke sarkar 
It was 10 Aug 2023 when PM mentioned those stocks (SBI, LIC and HAL) explicitly in Lok Sabha, and even tipped in form of sarcasm that people should invest in every PSU that opposition curses. They skyrocketed almost immediately after that. Well...., as soon as people found gaps after a continuous series of good IPOs.

But if you think the very recent 'culmination' of those stocks was due to his remarks somewhere, then he must have named a few hundred names in that remark! Because I saw nothing but red in ALL the stocks (with a very few exceptions ofcourse) after that culmination point. And I was actually anticipating that, for a very different reason.

But at this point, it may not sound very logical to skeptic minds, so won't go into details of my reasoning. In short, just a few words - a failed Soros gang, his (or 'their) one last and best shot (no matter how hopeless one), a crisis situation just before elections.... You surely know where I'm going with this. Sounds like too filmy a conspiracy theory? So are many things happening around us for real. But we'll wait and see..
112. IPO Electrifying |   Link |  Bookmark | March 16, 2024 10:15:16 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
In coming week small cap and mid cap Mutual funds comes in pressure to exit from shares or comes under any panic situation then market comes down heavily.
Be careful.
111. beejedee |   Link |  Bookmark | March 16, 2024 6:34:41 PM
Popular is my 21st Undersubscribed / Full Allotment type IPO in abt 4 years.I got 1 SHNI and 1 Retail ( to check 3rd Party allotment by UPA).My first Dark Horse was HDFC Life .Later got positive listing in 19 and negative listing only for K fina- Karvy which also gave 70-80 % Return after few months.
Even if negative Listing ,Popular will act like K fina- Karvy ..
110. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark | March 16, 2024 2:02:59 PM
1/1 in the Retail Category. Let me see whether I can sell on the listing for any profit.
110.1. diwan kapoor |   Link |  Bookmark | March 16, 2024 4:52:16 PM
IPO Guru IPO Guru (1500+ Posts, 1000+ Likes)
All the best @KAMMA SIVA RAMA KRISHNA  Bandhu for getting a allotment after a long period.. Hope you will get some profit on listing day..
So all the best again Bhai 🥀🥀
110.2. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark | March 18, 2024 8:32:45 PM
Kapoor ji,
Thank you very much for your kind words. God blesses you with all the best.
109. UmeshG |   Link |  Bookmark | March 16, 2024 3:34:27 PM
Don't upset who got allotment because there are no selling pressure on listing. Companey fundamentals are good and profitable business model, yes I got allotment and not in hurry to sell on listing.
109.7. beejedee |   Link |  Bookmark | March 19, 2024 10:12:16 AM
Have 1SHNI,1Retail, prepared for Negative Listing,intend to hold till December , will buy more if drop by 20% as discussed on Zee Business .
109.8. UjwalG |   Link |  Bookmark | March 19, 2024 10:39:49 AM
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
Buddy dont buy rightaway if listed below 20%.
These business channels have very long term views, your.view is just 9 months. Its better to just keep the shares as it is and not avg it down further. People did same thing in mufti and have more losses now
Best strategy is to wait for 2 week or so and then avg up or down on the same.
108. Alwaysbulls |   Link |  Bookmark | March 16, 2024 11:15:31 AM
Alloted what is the status of This ipo
107. RoK |   Link |  Bookmark | March 15, 2024 11:26:14 PM (200+ Posts)
Allotment out on website.
107.1. Bhoopendra |   Link |  Bookmark | March 15, 2024 11:41:06 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Out of 107, total 100 those 7. तारे बुलंदी पर है अपने तो 😂
107.2. RoK |   Link |  Bookmark | March 16, 2024 12:16:44 AM (200+ Posts)
Bro, I applied here to test how unlucky I am, wanted to check whether I fall in that ultra unlucky 7, but I am not that unlucky, got allotment 🙂.
106. Bhoopendra |   Link |  Bookmark | March 15, 2024 11:35:47 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
लो भाई इसमे भी ना मिला पाया अलॉटमेंट तो अब किसी और मे कैसे मिलेगा फिर
105. chIPOrgarh |   Link |  Bookmark | March 15, 2024 9:50:33 PM (300+ Posts)
Seriously LIT, can't declare paltry subscribed issue early!
104. Kailash sharma |   Link |  Bookmark | March 15, 2024 12:48:40 AM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Listing around 310 to 318 I am not applying in this ipo buying some quality PSU stocks today after recent correction.
103. newgen consultancy |   Link |  Bookmark | March 14, 2024 1:51:59 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Popular Vehicles And Services IPO

Final Verdict

Apply For Long-term &
High Risk Takers Can Apply For Small Listing Gains

Highlights of the Issue :

Date : 12-14 March
Price Band : 280-295
M.cap : 2100 cr
Size : 602 cr
Fresh - 250 cr
OFS - 352 cr

Objects Of The Issue :

1.Repayment Of Debt - 192 cr

2.GCP - 58 cr

Analysis :

1.Total Debt On Books -
765 cr
Out Of Which Around 575 cr is Working Capital Debt and Around 190 cr is a Long-term Debt which is being repayed
So Company will have no Long-term Debt On The Books

2.Due To Debt Repayment An Annual Interest Cost Saving Of Around 18 cr can be seen directly going into the Bottomline

3.Expansion in Newer Geographies And Increasing Service Centres will drive further Growth , 1 more state is expected to be explored in Next Month

Forward Earnings Projections :
FY 23
Revenue - 4893 cr
PAT - 64

FY 24 :
H1 - 2848 cr
PAT - 40 cr
H2 - 3520 cr
PAT - 55 cr
(The Revenue Contribution is 44-56%)

Total FY24 :
Rev - 6368 cr
PAT - 95 cr

FY 25 :
Rev - 7770 cr
PAT - 132 cr

PE FY23 : 32.8
PE FY24 : 22.1
PE FY25 : 15.9

As Per These Estimates It's Clearly Visible That There is An Earnings Expansion And The Company is Expected to Post Super Earnings Going Forward

Fair Value :
Giving It A 28×on FY24
Fair Price Comes At 375

Indicating An Upside Of 27%

Fair Value :
Giving It A 28× on FY24
Fair Price Comes At 375

Indicating An Upside Of 27%

I am Personally Applying
My Risk Appetite Is Higher
And Low Risk Takers Can Buy This Post Listing and Can Skip the IPO
103.5. Vikajay |   Link |  Bookmark | March 14, 2024 11:45:09 PM
@CJ ROCKS  Good decision. We must definitely hold some quantity of Cartrade, Paytm or LIC like stocks.
It saves big in future. I am also victim of Cartrade. There after I was more choosy but applied in Medanta and CNC company.
I am not applying Main board till these promotors lessen their greed. In SME, I am more more negative listing, SME mania will fizzle out soon.
103.6. M R Shah |   Link |  Bookmark | March 15, 2024 4:50:54 PM
Thank sir,
After reading your comment, I applied yesterday last time.
102. VVIIPP |   Link |  Bookmark | March 14, 2024 10:50:54 AM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
Those who are 𝐧𝐨𝐭 applying, react here.
👍
102.13. Hemantkumar Garach |   Link |  Bookmark | March 19, 2024 11:05:02 AM
Did not apply to Popular as I did not like the company's prospects. I fully agree with @TRK
102.14. True IPO Lover |   Link |  Bookmark | March 19, 2024 10:54:15 PM
Don’t have the energy to react. Market is all down and down 😭
101. IPO Electrifying |   Link |  Bookmark | March 14, 2024 8:34:32 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
In 1 year mkt is giving 30% return which is more than govt bonds, FDS, mutual funds, Pvt loans etc. It shows clearly that stocks are at high and overvalued. Small caps and mid caps are flying like they are out of control. In such scenario we have to book profit from our portfolio and wait for correction. This is happening at the moment. More correction will come. Keep balance on hand. We should know about it. Don't blame anyone. Market give you opportunity to earn profit. Long term investors are always benifited.
101.2. Asoke sarkar |   Link |  Bookmark | March 15, 2024 8:02:11 PM
IPO Mentor IPO Mentor (700+ Posts, 800+ Likes)
Such advice was most relevant around 8th February this year , not that much at this point of time. Moreover there is chance of being caught at the wrong foot.
Thanks
101.3. Simply Vicky |   Link |  Bookmark | March 16, 2024 11:08:19 AM
Top Contributor Top Contributor (700+ Posts, 100+ Likes)
@IPO Electrifying Only long term investors hold their stock holding till their belief in co growth & fundamentals. Others just check the water and book profit at any time.
100. sandyshores |   Link |  Bookmark | March 14, 2024 5:30:15 PM
Applied 1 retail here just for kicks! With retail subscription at 1x , is the allotment guaranteed?
100.6. Nothing New |   Link |  Bookmark | March 14, 2024 6:23:31 PM
IPO Mentor IPO Mentor (800+ Posts, 200+ Likes)
@sandyshores  Not literally brother. It was my way of assuring you of the 100% allotment. People are in a mood to sell everything these days at whatever price they see on bourse.
Nothing, Like Anything!
100.7. sandyshores |   Link |  Bookmark | March 14, 2024 6:42:14 PM
@Nothing New Thanks brother, appreciate the response 👋
99. G profit |   Link |  Bookmark | March 14, 2024 5:38:53 PM
IPO Mentor IPO Mentor (1200+ Posts, 300+ Likes)
No Need to tell best of luck. All of those who applied will gat FULL allotment. 🚗 ✈️ ✈️
98. Nothing New |   Link |  Bookmark | March 14, 2024 5:35:18 PM
IPO Mentor IPO Mentor (800+ Posts, 200+ Likes)
This and other IPO offferings should ideally be avoided as a protest against despotic promulgations of the SEBI chief. Sh won't be answerable until IPOs flop and companies blame SEBI for the debacle.

For all I know, she was Ms. Chanda Kochar's collegue during ICICI tenure and hence her actions don't surprise me at all.
Nothing, Like Anything!
97. RInform |   Link |  Bookmark | March 14, 2024 1:43:37 PM
1. I want to open a savings account for minor to apply in IPOs (sibling age: 17)
Which is the best bank to open in? people who have already done this and got allotment, what is the procedure to do it successfully?

2. I want FD interest rate linked to SB account and apply for IPOs without breaking it until allotment. Which is the best bank to do the same (for myself)?

Please help guys
97.4. VKMC |   Link |  Bookmark | March 14, 2024 5:07:32 PM
Setup for my minor child is
Bank Account in Kotak - Simple interface to apply IPOs, support UPI based ASBA also.
Demat / Trading Account in ProStock - Both mainline / SME IPOs can be sold in preopen.
97.5. RInform |   Link |  Bookmark | March 14, 2024 5:15:12 PM
@Marwari Investor Jai Shree Shyam @VKMC  if I may ask, what's the age of minor that you opened for?
Is there a minimum age limit for minor & only those can do this and apply for ipos?

And in my case if I do open, should I update anything with the bank after they become 18?
96. chIPOrgarh |   Link |  Bookmark | March 14, 2024 3:24:33 PM (300+ Posts)
I think lowest price would give allotment.
96.1. Agrawal S |   Link |  Bookmark | March 14, 2024 3:31:24 PM
IPO Mentor IPO Mentor (1200+ Posts, 300+ Likes)
It will not.
96.2. Vinkal |   Link |  Bookmark | March 14, 2024 5:14:47 PM
280 pe bid kiya hai mil sakta hai kya allotment
95. GrayIsTheNewBlack |   Link |  Bookmark | March 14, 2024 12:30:40 PM
IPO Guru IPO Guru (2700+ Posts, 1800+ Likes)
Ye subscription badh kyu nahi raha ?
95.3. rohiitian |   Link |  Bookmark | March 14, 2024 3:53:44 PM
IPO Guru IPO Guru (1200+ Posts, 800+ Likes)
@GrayIsTheNewBlack Very unfortunate. Biz is not that bad, but after 3 back to back negative MB listings, no one is taking a chance. I was tempted to apply, but still licking wounds from JG and RK Swamy.
95.4. GrayIsTheNewBlack |   Link |  Bookmark | March 14, 2024 4:58:50 PM
IPO Guru IPO Guru (2700+ Posts, 1800+ Likes)
@rohiitian 
I've seen QIBs do apply FF even when retail/NII's are scared due to market sentiments but this time seems like QIBs too are scared due to recent listings or maybe they don't have enough confidence in the company.
I remember Divgi Torque/Mankind had same negativity but QIBs applied FF and ensured a positive listing.
94. GJ 😀 |   Link |  Bookmark | March 14, 2024 4:56:58 PM
IPO Mentor IPO Mentor (1600+ Posts, 400+ Likes)
Popular Vehicles & Services IPO,
FF skipped