Ramdevbaba Solvent Limited IPO Message Board (Page 2)

Listed@112..very good listing defying gmp

Sold 1600 shares at 112 a piece ...happy with Rs. 27 profit a share.

VERY GOOD UNEXPECTED LISTING ENJOY PROFIT

Indicative listing price around 101

Good morning everyone
I can see buyers at 221 and sellers at 42.50
Is that some glitch or something else?

Listing can be around 97..

Hold or sell? What’s your opinion?

​@Saney Undoubtedly qib has shown very strong response and will also continue. Punter will try to squeeze out good quantity at lower price. We have not to be worried any how. Its a good company and is also supplying goods to few bigger brands. Company has also given some inputs in RHP which will support future growth.
In case you have major issue for money block, you may sell it.
Decision is yours!!! Money is yours!!!
Keep minting 🤗

What should be strategy tomorrow? Should I hold or sell in pre open session? Pls answer experts.

​@Sharksshark If funds are not a major issue, i will suggest to hold

Sab log VI me Lage hai eski bhul gaye

Seriously… it is like GMP is stuck at one place.

All Ethanol / Renewable stocks are doing extremely well . Hence tis will also perform better on short to medium term but not sure on listing day. It may also happen that big investors may try to collect this at cheaper rate by keeping lower value on the opening day. Let's see the game.

The de-oiled corn cake obtained from this process along with de-oiled rice bran (DORB) from our exisiting manufacturing facilities will be supplied to RBS Renewables Pvt Ltd, an Associate company, which is setting-up Ethanol manufacturing unit adjoining to our existing Brahmapuri unit.

Company has a thirty percent (30%) stake in this Associate company.

Any chances of premium going up?

Any view on listing?
Hold or sell.. Pls guide..

It is a good company so don’t get dejected if the listing is not so great. Total number of retail and HNI allottees are not so huge so don’t expect too much selling pressure on listing day and QIB demand was over 65 times. So all aspects indicate towards this stock eventually doing well… sit tight!

I would not be very surprised if it lists with 25% premium or lists with 10% premium but back to back upper circuit for couple days at least.
This is just based on my 2 month IPO pattern reading/tracking. Closely watching this to my experience of data analysis.

thank you @Rajiv RR  1time i got 1 allotment in retail in this issues.

what is the listing date of this ipo

what was Gmp now

​@Vimal Garodia Very well said buddy. The time they spend on posting the message would be greater than the time they may have to spend to check these details on the website.

​@Esparando Indeed, it is timesaver for everybody and self help is always far better, get to learn, discover a lot of new things..

Greetings of the Day.
I just analyzed the facts of Ramdevbaba Solvent.
A. Firstly the allocation for the QIB+Anchor+ MM is 52.65% & the retail + HNIs = 47.35%. Which indicates that the selling may not be as great on opening day as compared to the ipos without QIB+Anchor ⚓ + MM.

B. Here only 525 people ( HNI) & 1225 ( Retailers) got this.
➕Cient Base: Ramdevbaba serve a broad spectrum of clients, including major FMCG companies such as Mother Dairy Fruit & Vegetable Private Limited, Marico Limited, and Empire Spices and Foods Ltd. This diversification underscores the quality and reliability of their product, facilitating stable business relationships.

➕ Ramdev now adding de-oiling facility and venturing into ethanol blending that has bright prospects ahead. This can be the really dark 🌑 horse if it implement this successfully.

➕Positive points

The Revenue has Increased from Rs.423 Crores in FY21 to Rs.697 Crores in FY23. The EBITDA has Increased from 16 Crore in FY21 to 25 Crores in FY23. The PAT has Increased from 6 Crore in FY21 to 13 Crores in FY23.

Market Capitalization is 188 Crore & P/E is 17.01x based on FY24. Which leaves ample scope of good appreciation.

I am here for short to medium term and not for the listing gain. This issue reminds me the KN AGri and which gave fantastic retuns to its investors. It doesn't mean that the history repeat here but medium term outlook is good subject to the implementation of it's plan.

Good information

KN agri came with 190cr valuation and PAT of 26cr
Here almost half profit same valuation..

Please highlight revenue and profit regrowth in last FY
Please do review of FY 23 and till Dec 23 everything will be cleared...

got 1

ICICI ABSA unblocked..

I meant funds..so that its not a blocker for FPO

More the negativity, Higher the profit.

Hold on to it !

Kya bolti public !

Any idea why the GMP just collapsed?

HNI : 0/6

0/6 in Retail.