Qualitek Labs Limited IPO Message Board (Page 4)

Applied 4 retail

Applying 8 retail.

if someone is tensed about loss then apply and sell it before on subject to at broker so no risk

​@rohiitian @mguptaa And others
Ur view on this ? Should we apply for listing gains

​@PKRAJ @abc xyz @newgen consultancy Your stand on this ipo?

Hi @rohiitian ,

what is your view on this IPO?

Thanks @rohiitian ,Applied 4 retail applications

0/4....

AVOIDDDDDDDDDD

My gut feeling
Isko rocket 🚀 lagega upar ka listing wale din.

I will apply.

Confused here...not able to understand apply or not?

There are better opportunities elsewhere.
The new LM whi mishandled the announcement and low to 0 gmp. Plus listing was postponed one weekend due to 22nd holiday.

I think one should avoid this for listing gains.

There are other experts who term this share as a good long term bet and I do agree with them.

I may be buying on listing if the listing is decent but do not expect good 40-50% or more listing gains in this counter. I may get wrong. Evertthing is on fire now-a-days.

Any GMP on this counter?

There is now some movement in GMP. Now showing as Rs. 15 i.e. 15%.

👍

Qualitek labe ipo close date kya h Monday ya Saturday???????

Monday is holiday so, Tuesday hoga

Tuesday

Sir​@lokes @newgen consultancy @Noorul 
Are you applying her ?
Plz reply
Thanks

​@NAND KISHORE PARWAL  ya i meant today only, tomorrow i have written as post was made yesterday night , don't go on timing now that it was posted after 12am ;)

Btw i will be applying here multiple retail applications....

​@lokes @Noorul  should we apply .....??

​@M Gupta Sir, What is your view . Are you applying in Qualitek labs

​@ajaykumar 
Yes sir

I will apply in HNI to get 1-2 lots ( My application size will depend on expected final subscription on last day.

To my mind, financials are reasonable, Nifty has stablised, and SME IPO boom is there, all three are the reasons to apply.

Regards

Thank You

company started in 2018 with investment of rs11 per share from promoters, in 5 yrs they are valuing 10 times original investment.
one more thing - i could not find D/E ratio in rhp. as per my calculation it may be 3.4 times, and its P/E is 18 more than its peer looking costly for me

​@Admin @ Chittorgarh.com 

Subscription not getting updated since yesterday morning.

why no gmp for this ?

Funds to be used for Repayment of Unsecured Loans to Promoter . Interesting

Kya skyline ka rocket is lab ko leke udega ya udaega?

SME IPO lagta nahi mhuskil sey aur beech Mey ek aur aaya ?
Apply ke Layak hai ki nahi kuch bacheyga ??

It seems like a Dr. Lal path lab for automobile and other industries.

In our body we have multiple organs and there are thousands of medical diagnostic tests to ascertain the right cause of any diseases..similarly there are a number of tests to be performed while manufacturing any automobile..or any industrial products..more so for food and Pharma products.

This company like several others comes into play for providing such services.
What I dislike in this.. they were earlier working only for Ford,..but now I guess working for Nissan and Volkswagen as well.

Not much scale with these companies in India.. if they were partners for Maruti, Tata then it might be another story..

What I like is they are reducing their dependence on automobile and expanding into other industries.. like pharma..for which they are working with a smaller firm in Bhubaneswar and wanta to set up new facility there with the IPO proceeds.

Vimta labs should be competitor which has already been doing good. However post COVID struggling a little bit. 24-25 PE is what Vimta is trading... This being SME if they had brought IPO around 9-10 PE..would have made this interesting.

Not too upbeat on this. Still undecided whether to apply or not. Looking forward to more insights by forum members.

and.. the most important funny thing is IPO proceed to be utilized to repay unsecured loans to promoters..?

Why take loans from promoters? Wasn't any bank deemed them worthy of credit?

Even if the loan has been given ..what's such hurry to repay the loans from IPO proceed.. Isn't business able to generate money to repay these loans?

doubtful company!

Hopeful to get one lot here.