Sahana System Limited IPO Message Board (Page 7)

Drastically fall in all SMEs in grey market

CRAYONS GMP :- 36-38

Vasa GMP :- 51-54

CFF - 6 SELLERS

SAHANA - 11 SELLER

Agro - 12 SELLER

Only Infollion show stopper of the day

Thanx mamu

gmp has gone in discounted

those applied shall proced for cancel

Bhatia like 50% straight away..
loss
those sold must make sure no capital erode

@ MAMU / SV/ KAPOO/ PKRAJ/ NOORUL etc experts pl advice should we apply this issue or apply with FF INFOLLIEN because after FF then hardly any liquidity stands or we should park some amount for rest of the three issue i.e. COM/ CFF/SAHA

Thanks Noorul and Mamu for indication about this IPO.
So with you all and skipped .

@Noorul Thanks for sharing your views so early 🙏

Amount invested in Infollion will be available for IKIO Lighting IPO

Sahana/CFF/Comrade funds will not be available so plan accordingly

experts pl advice should we apply this issue or apply with FF INFOLLIEN because after FF then hardly any liquidity stands or we should park some amount for rest of the three issue i.e. COM/ CFF/SAHA

Listing below 80

Mark my word biggest disaster ipoh savanna
I chkech Ahmedabad office..only 1 person issue

If don't belive chk address and go to check

Listing below 80 mark words
Interative is bad lm record is poor

Now company calling broker to apply application forcefully on. First day.. samjoo ishara... first day apply to loot u
To show fake figure

Taking hype Advantage
Gmp almost 3% now

I sold 2 sahana application in subject to for 6500 rs in surat gujarat.

current rate
Sb to 6000

After reading rho found many bad things much important is loan default and pnb case running.
Then LM is bad infact they get discount issue

So largely big size issue is purely to fill pockets of promoter and LM

Many great company available cheap infact some of them given great result

Stay away

Gmp is also fake
Seriously taking advantage of hype

A big avoid

Key Points

Sahana IPO

1. Issue LM record is worst. Last IPO Pace and Bhatia Dipna
All of them have eroded 50-80% wealth
Interactive Issue Bhatia is down 60% Pace IPO price at 120 is now available at 20/- it has been a great wealth Destroyer.
2. Issue size is big and Purely taking advantage of situation IPO was supposed to be 20 CR now have Raised it to 32 Cr which means that After Mankind Success and Euphoria and Fomo almost Retail investors of sme is at ATH.
3. Company inexperienced in EV market is going to build an infrastructure which the Promoters have no idea. The claim of 500 EV may be False. Or They might use ur money to Put that station which now a days every household can keep or build a station infact in Andra A simple Daba person has a EV ⛽ stop now. They are not even sure to win these EV contact and demand of 32 Cr for that is Balloon.
4. Cost of acquisition of promoter is Nil and selling it's share at 135 to Retails
5. *The most Important for my fellow friends is one of the Promoter Nilaben has been a defaulter. She has default a loan of 80 L. Now just see that the promoter is not able to honour a loan of PNB 80 L . Will they do justification with ur 32 Cr?*
6. Top ten customer gives 82 % of revenue
7. ROC filing irregular
8. Company posted a Revenue of 24 Cr that's looks Bogus. PAT two years back was 16 L now suddenly jumped to 6 Cr for which company made in 2020.
9. Nav of the Company is just 20/-
It's taking issue to 7 times its book value
10. Right issue last year to
at 7.5/- now in one year IPO is price at 135
11 company is merely a IT Player that too Bogus now shift to Ev investors must wait for all development and then buy the company as don't know how is future of the EV
12 Total empowerment is not known seems to be only 20 people.

So in short IPO is aggressively priced one must avoid as Promoter background is not good corporate governance issue and Most Importantly worst LM who made big blunders in past

One must Avoid and Keep money safe.

Sometimes not apply is a great Stargegy

I warned investors in. Auro Pace Patron and Agarwal Indong

Avoid Avoid

2) Issue size is higher - Agreed, but on comparison with others, its size is much below than CFF
3) agreed totally
4) Cost of promoters is low in almost all ipos
5) agreed totally
6) many company has major revenue from few customers only
7) Agreed totally
8) Not analysed, so no comments

thanks
avoid 100%

gmp 3 rs only
interaction issue
one a chor always a chor..

inteative issue chor company I apply pace all money lost big loss

similar Bhatia
similar Dipna

loooottterrrrrassssss

Performance by LM

Analysis:
-Primarily IT services company raising money to setup EV charging stations in AP for which it has no experience and no agreements yet. Core IT services business is not the focus going ahead it seems.
-RHP says revenue growth has all come from domestic sales(export revenues are declining). EBITDA margin of 25% suddenly jumps to 40% in FY23. Trading revenues exceed IT services revenue. Effectively the trading revenue contribution has outgrown the IT services revenue.
- CMD draws a basic salary of 20k per month without holding any other posts in other companies. Is he a retiree or what? None of the board of directors seem from an IT background!!

- CEO Pratik Kakadia is chairman of Shri Vinayak Co-operative bank and did bachelors from Nirma University. Dipak Patel, director in Sahana is the Vice chairman at the bank.
- Only 10% QIB quota. Huge free float on listing like Auro.
- LM Interactive Financial does not have a good record and has managed IPOs like Pace Ecomm, Patron Exim, Bhatia Colour.

GMP Seller

Sahana subject2 rates heared today 8000 - 8500

Bogus issue stay away 32 cr halma..

0 Company....

Fake gmp just like moksh
Ealier issue 20 cr now 32 cr...
Taking advantage of situation

DONT APPLY IT WILL LOOPTT UUUUU

MINI 25% DISCOUNT

GMP IS FAKE 5 RS SELLER

LOOTTERS

NEXT MOKSH STAY AWAY LOOTER LIKE MOKSH

RETAIL SAVE

Selling seen at 10/-

Kore Digital IPO – Details
IPO Opening Date      02 June 2023
IPO Closing Date      07 June 2023
Issue Type      Fixed Price Issue IPO
Issue Size      10,00,000 Shares Worth ₹18.00 Crore
Fresh Issue: 10,00,000 Shares Worth ₹18.00 Crore
Face Value      ₹10 per equity share
IPO Price      ₹180
Market Lot      800 Shares
Min Order      800 Shares (1 Lot)
Listing At      NSE SME
Register      Bigshare Services Services Limited
Other Shares Offered      50%
Retail Shares Offered      50%

Sub to 11111

Hello Everyone,
New here.
Gone through the RHP, and seems good to me except EV thing.
Requesting seniors why its an Avoid ?