99. Jetha Lal| Link| Bookmark|
September 21, 2023 8:05:35 PM
IPO Guru (1000+ Posts, 2100+ Likes)
On face value of company this is avoid candidate for me. Stagnant growth, Very low inventory turnover (very important for a retailer) are some of key reasons.
Note: Please don't confuse with face value of share.
99.1. The Nest| Link| Bookmark|
September 21, 2023 8:25:54 PM
Top Contributor (300+ Posts, 200+ Likes)
Sir aap only face value dekhke avoid karne wale person ho nahi... Aap jo dur ka dekh rahe wo sayad hum nahi dekh pa rahe he...
98.1. lokes| Link| Bookmark|
September 21, 2023 6:28:59 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i sold it long back and not tracking after that....some vivek somani bulk deals keep coming sometimes in it, not sure intentions....this company business is commodities based which has cycles usually and currently this year most metal based companies didn't performed well...
98.2. Jetha Lal| Link| Bookmark|
September 21, 2023 7:59:58 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Hi everyone, sorry I am a new member... I wanted to understand as to why there is negative sentiment for this IPO as several brokers have given it a positive response. The anchors also look good and financials look strong compared to its peers.
The P/E is also on the lower side from peers (even though we cannot compare directly as there is significant difference). I have not computed the post IPO P/E.
As far I can read from other comments, the major drawback of the Company is having poor inventory turnover. However, the ratio is similar for Vedant Fashions and Go Fashion. (I am not sure if these can be compared on apples to apples basis) (ratio source - topstockresearch)
So as a newbie to investing, I want to understand why the members actually view this IPO in a negative way so that it may help me while investing in other IPOs and listed equity shares too.
Thanks New Member for onboarding in CG Form. A mentioned by you, as a new person aap ko sab pata hai phir bhi puch rahe ho. I think aap ab passive way mei promotion kar rahe ho?
Ab to iss issue se lagane ka mann kam hota jaa rah a hai
Sir, yeh question maine apne understanding ke liye pucha hai...ratnaveer ke andar mujhe issues dikha that profits were not consistent and debt was high, but sabhi ne positive response diya.... RR Kabel ke andar sabhi log divided the, as valuation was high but still it listed at 15% gain. In this, I was unable to find drawbacks...isliye pucha
Jisko bhi nahi karna hai mat karo apply, mai promotion nahi kar rha
@Chotiwala Kahi se bhi rsharmaa ke msg me promotion nhi dikh rha , wo simply apna view rakhker negativity ki wajah puch rha , kya chahte hai aap log ki kuch spam msgs ki wajah se koi new member apna valid question bhi na kare.
@rsharmaa Even I've the same question as you - why so negativity surrounding Sai Silks(Kalamandir) ?
Apart from some negative reviews on MouthShut.com as shown in screenshots below. But there were some positive ones as well as shared in the second image. Here is the link: https://www.mouthshut.com/product-reviews/Kalamandir-reviews-925828170
92.2. Cyclodium| Link| Bookmark|
September 21, 2023 5:34:38 PM
Top Contributor (600+ Posts, 100+ Likes)
Par abhi bear cycle chalu hogya Correction is pending Overvalued things apne right price pe ayenge look for the fundamentals of IPOs A little Profit booking in some IPOs which have high pe and have fun up a lot is good so that you don't regret it Bear market ke waqt bullish technical patterns bhi fail hote hai Stay cautious
Both Sai Silk and Signature have good Anchor book. Market is weak right now. People (all of us) have money to apply and greed. (And if not the lead managers will get it subscribed to earn their fees) IPO will be subscribed.
Now Signature has loss is history. Sai silk has profit in history.
Sai silk will add 30 stores to its 54 existing stores. (Currently approx 5000 employees)
Signature to has doubled revenue in last year. Will repay approx 400 Crore debt. Both claim to be among the top in there pocket (delhi middleclass) vs (south saree)
Opening 30 Stores in Tamil nadu needs courage. And courage pays off (or take off)
We can just evaluate, put our money and cross the fingers.
@ Admin Sir, Unnecessary attacks on the new members are not acceptable. Nor any appeal for banning any of them should be accepted unless it is proved that he has done anything detrimental to the interest of the forum. In this case , we have seen some posts which may not be liked by many or may be against the intent of some group. It should not form the basis of expulsion. As I have seen , they have put their points in rightful way .The content may be weak but the acceptability of it vests in the individual reader. So, what' s the problem ? Moreover , speaking ill of the new members is not any good thing. It may adversely effect on the feelings of the new members.
87.1. ipo stonks| Link| Bookmark|
September 21, 2023 3:53:05 PM
Top Contributor (300+ Posts, 200+ Likes)
@Admin @ Chittorgarh.com Dislikes (don’t know why this feature is removed) and Spam are enough to discourage ill intent messages. You should ban members in very very very extreme scenario.
If a “new member” is promoting a specific company all other members are allowed to point it out in the thread. This is a public forum everyone can voice their opinions.
I think you should bring back the dislike button.
87.2. Krishna T| Link| Bookmark|
September 22, 2023 3:13:16 PM
IPO Guru (1600+ Posts, 900+ Likes)
Let me try to answer according to my knowledge!
Placing Like/Dislike feature is like the way, website is designed according to nature of content. To compare, YouTube have Like/Dislike option while Facebook doesn't have this option and in Twitter too, Dislike feature is only available on tweet replies and not original tweets.
Putting Dislike seems like redundant to many, may mislead and less value addition for administrator. For e.g. there is a post which 10 likes and 50 dislikes, what is the action software will take? Like/Dislike is just based on opinions of individual. Having just like and spam says, if you like the post then just mark it as liked. If any post violates the rule then just spam it and software will take action from number of spams automatically if designed such a way or manually admin will hide/delete it.
Un-necessary attacks on new members have been very less as compared to some new accounts being very aggressive with old members..... I also think that a few new members r targetted in an un-necessarily and admin should see that people dont bully new members ... but they r not the one who get banned ..... When they use unsolicited language and go below the belt, then that needs some actions..... it's a public forum but ur freedom ends where u become a public nuisance....
New accounts can say things and even if they r banned that won't have them loose anythingBut when old account holders reply on the same line, they loose a account they have been using for long ... So I don't think its too much..... some change is always welcomed but I don't think what u r asking for is the change I wanna see.....i won't mind dislike option in addition to what's been followed currently......
87.4. PUSHPaa| Link| Bookmark|
September 22, 2023 3:47:58 PM
Top Contributor (200+ Posts, 100+ Likes)
@Asoke sarkar If ipo is undersubscribed in retail & oversubscribed in qib & hni ,,if I apply in lower cut off price in retail category can I get allotment or not?? Tq
@PUSHPaa You have not asked this question to other than @Asoke sarkar , but I don't think that at lower price band anybody is going to get allotment. When QUIBs quota is fully subscribed, the company is not so generous to oblige investors. Exceptions are always there.
@Admin @ Chittorgarh.com No of shares reserved for qib as per your website=10819807 No of shares reserved for qib as per cumulative demand schedule as per bse website=10664594 Please check the reason behind this difference.
Link for cumulative demand schedule https://www.bseindia.com/markets/publicIssues/CummDemandSchedule.aspx?ID=6284&status=L