Sai Silks (Kalamandir) Limited IPO Message Board (Page 11)

TO
NEW GEN CONSULTANCY
Your considered view was that we can apply in Sai Silk , there could be small listing gains
I have taken a risk and applied 2shni
Despite bumper response from QIBs , GMP appears to have have fallen from 10 to 5 Rs.
Reasons for this opposite direction move,
Can you or any member apprise us , what is the GMP now
Thanks and regards

Applied 1 retail application just to check if i am doing application correctly or not?
I did not get any allotment since past 1 year, so this seems to be good IPO to check if my applications are not getting cancelled due to technical reasons 😅
Also does not seem like it will have negative listing, so i am ready to take some risk

Those who are applying/𝗻𝗼𝘁 applying, react here.
👍

Applied 2 SHNI. Feels a safer bet than Signature, especially with good QIB interest

At last to test my experience of share market applied 5 retail.. still have a firm belief that it should not list in a discount.. let's see market is supreme 🙏

applied 3 retail
confirm allotment in all 3 most probably

Applied 1 retail

QIB beyond expectations.

Seriously, wo to jabardast aa gye aj
15x Tak jayega ?

Applying 2 shni

Keeping in view the size of issue as compared to Signature Global and Yatra, the subscription from QIB is Excellent. It will definitely give more listing gain than Signature and yatra.

TO ALL MEMBERS

Anil Sanghvi of ZEE business opinion is AVOID this issue
Senior Members and New Gen Consultancy please give your views and advice
Please do this at the earliest not later than 2.30pm
Regards and thanks to all

High risk taking investors can apply for Reasonable listing gains

Next quarter Pharma and Hospital stock shown good growth.
asking why?
because this sep the ipo segment give too much head ache, hyper tension, high suger and blood pressure to every person who look at this segment.
so defiantly Pharma and Hospital sector make decent money due to this.
this will imact in next quarter result..
wait a minute...
could it be the reason all the Hospital IPO recently perform above expectation?

Final Verdict :

Apply for small listing gains keeping a 5% risk in mind

To be very honest , High risk investors can apply for short-term

I think 8-10% gains can happen

Valuations should have been more reasonable but still ok

Applied some retail Sir.. thanks for your advice 🙏

How do we check application wise subscription

Could someone please share the application wise subscription
Thanks

Mr. Market gives valuation and premium to growth.
From where Sai Silk is going to bring growth?
Saree market is very fragmented, hyper competitive and saturated and they are a geography player.
If you observe then these days women wear sarees mostly on special occasions and avoid in daily life because of effort to wear it and various alternatives available and change in trend due to comfort & westernisation.

From 3000 Sq ft to 6 Lakh Sqft in 15 years
Currently 54 Stores.
Coming up 30 Stores in Tamil Nadu.

Growth will come from Here.

Additionally, no offense but,
Sandwhich, noodle kitna bhi kha lo. Roj to roti, dal chawal chahiye.

Same ways, dont see, jeans, frok to replace Saree in Weddings, Diwali, etc festivals.

1 Jeans can be wore 100 times.

1 Saree, wear it 3-4 times, get another design.

So brother. think.......

They are organized. Huge setup.
All company owned, company operated stores. No franchisee.

Promoter, left tech job in foreign country and started this business. So well grown.

If Vendanta (Manyavar) can grow, this people can grow toooo.

No offense.

Namaskar

Please update about GMP? Or Apply or Avoide?

retailers are just not interested in saree

Pl clarify, if i dont accept the mandate for blocking the amount under HNI category, will it be treated as cancelled.

Yes

This seems to perform well then signature global, finally would apply 5 bhni.

Gud decision

Crow Verdict: Textiles is a good consumer business and Sai Silks is a leading player in states where sarees are even bigger business. Inventory turnover is a problem but I see things turning around post IPO, which comes at a decent valuation. I'm ignoring its failed IPO in 2013 because I'm a bit bullish on India's post-covid renewed consumerism. The 34% dilution in promoter stake holding adds to the listing risk but I'll apply for 1 confirmed lot. Only aggressive risk-takers should apply because the market is volatile with the India-Canada tensions still hot.

Crow's skin in the game: I'll play with 1 confirmed lot if QIB crosses 3x.

Crow's last APPLY recommendation: SAMHI Hotels (7% listing pop).

Ok sir thanks

BSE website is also showing incorrect data.
sHNI reserved 54,64,343 (10%)
bHNI reserved 27,82,172 (5%)

It should be reverse.

GMP Rs. 3