Rishabh Instruments Limited IPO Message Board (Page 20)

Hiii All

Can we apply in ipo by using 3rd party UPI id of idbi bank in ipo application ?
Would we get the allotment?
Please confirm

How do we know if we didn’t get allotment for any rejection case like
1. Name not same in pan and bank
2. Applied from current account
3. Third party
Etc

​@rahulkrjain Simply mail the registrar with application number and ask the reason for non allotment

Any one got allotment in3rd party upi application??

I HAVE ONE QUERY.

CAN I APPLY IN ONE SHNI AND ONE RETAIL IN IPO?
CAN BOTH VALID OR BOTH REJECT?
KINDLY GUIDE @Admin @ Chittorgarh.com

Only one will valid.rest will rejected

CAN I APPLY IN ONE SHNI OR BHNI AND ONE RETAIL APP FOR IPO?
BOTH ARE VALID?

No, you can't from same PAN

From rhp

-Product catalogue seems vast, ranging from instruments to pcb's(made in poland facility) to aluminium die casts.
- 34% revenue from india operations and 66% from overseas. (Point to ponder, why they are not going for make in india products??, shld benefit in margins due to pli schemes)
- Total utilization of manufacturing is 50% only for past 3 years
-Marquee customers include, ABB,Siemens,Inox solar etc
-Peers based on similar product categories
1. Electrical automation-Masibus automation and selec controls
2. Metering,control and protection devices- Schneider electric,Elmeasure india pvt ltd & selec controls
3.Portable test and measuring instrumen- Hioki india & meco instruments
4. Solar inverter- Growatt (international company) & KSolare Energy pvt ltd
5. Aluminium high pressure die- Sunbeam pvt ltd & Endurance Tech

-cahflow_op, positive but highly volatile, eps is same for 2 years. Raw material expenses have a role in it.
-Selling shareholder SACEF did acquire CCPS in 2013 at 170 rs, bonus was issued in 2022 , 1:1
- According to ESOP 2022 scheme fair value of their stock is 679 rs. ESOP granted at 483 rs. (Please correct me if im wrongly misinterpreting the image attached)
-Some KPIs
RoNW-~12%
EBITDA margins 15% in 2023 (decreased from 18%)
PAT margins- 8.5% in 2023
ROE-12%, ROCE 13%

Growth prospects of industry
1. Electrical automation ~9% cagr
2. Metering,control & protection devices -5.5% cagr
3. Portable test and measurement - 7% cagr
4. Solar inverters -10.5% cagr (im very much interested in this industry, since bright prospects in india for solar)
5. High pressure die casting -8.5% cagr

Peers kpi based on same products. Cannot be compared directly for large players

If we apply in bhni and if shni and bhni are subscribed same times chances are higher for bhni right?

yes, you have to divide BHNI by 5 in case of oversubscription to know approx number of application

India's 5th biggest Cable and Wire company , RR KABEL gets SEBI nod to Float IPO

As I have informed earlier about SEBI nod to be given soon to 3 companies , namely
1.Jupiter Lifeline Hospitals
2.RR KABEL
3.JSW infra

From this 2 companies have already received SEBI nod to float IPO , JSW INFRA to get soon
Also Motisons Jewellers in Final Stages to get NOD

Also LM has given required Documentation and Responses to SEBI regarding
OYO pre-filing
So , SEBI has given Green Signal for Final Approval

OYO To file Final DRHP with Addendum of
FY 23 Earnings soon

# Happy Investing

RR KABEL
FY 23 :
Revenue - 4083 cr(In FY 22 - 2989 cr,36.6%up)

PAT - 124.6 cr (In FY 22-155.9cr,20.1%down)

LM :
1.Axis Capital
2.HSBC Securities
3.Citigroup Global
4.JM Financial

When will it open for bid. Any timeline

No FIIs name in Anchor list but 4 of top 10 Indian MF (in terms of AUM) participating in anchor list.

Good sign acc. to me.

Anchor Book Is OK OK , not bad
Good to some Extent

Anchor List

Anchor list 2

big size ipo medi assist filed drhp on 28-08-2023.... keep fund ready

​@Palka Mujhe laga ki aap expected subscription puchhoge 😜

Sir , Itni jaldi nahi aayega Issue
Minimum 4 Months
Tabtak Tata Technologies aur Ebixcash aa jayenge

Aur Listing gain nahi banega Medi assist
Very small gains Only Long term Bet

​@newgen consultancy Rishbh main apply karna hai?

​@newgen consultancy In BHNI category, allotment ratio may be 1:3.. Whats your prediction?

​@Palka 1:8 araam se jaygaa bhni me

Lagta hai sabne counting ki hai price band k liye ek saath

Basilic - 97
Ratnaveer - 98
Vishnu -99

​@Palka 
Bhai abhi subscription suru to hone do. Bad me expect hoga.

GMP : 76-78
Good buying

But the volume is very low.

@ newgen Thanks a Lot.for updating.pleease keep updating 🙏

Expected Subscription? Any Chance of allotment

Why there is sudden increase in GMP?

Some members here wants everything to come at half of the PE valuation.

But that can't always be the case. Being a global market leader and a niche player, it will commend premium..

Yahan ke Kai members ke heesab se jaye toh Titans, Astral, Asian Paints jaise stock kabhi list hi nai hota.. 😂😂

Wait for the anchor book.. it will then show the reason for GMP going up.

WiFi फ्री में मिला तो निचोड़ लेगा क्या?
Such is the valuation. They should leave something on the table ... पर bull market में सब ज्यायज हैं...now waiting for subscription figures

😂😂

EMS Ltd. Raises Pre-IPO placement of
33.76 cr At an issue price of 211/-

And it's almost certain that
It will hit markets in Mid September
Issue size : 320 cr

It will be An IPO with Good Fundamentals with Cheap valuations