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Sai Silks (Kalamandir) Limited IPO Message Board (Page 13)

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99. Jetha Lal |   Link |  Bookmark | September 21, 2023 8:05:35 PM
IPO Guru 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 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. Manan Surana |   Link |  Bookmark | September 21, 2023 3:12:26 PM
IPO Mentor IPO Mentor (900 Posts, 200+ Likes)
off topic , can anyone please tell what's going on with chaman metalics , pls share ur detailed views

special request to @newgen consultancy @Jetha Lal @Crow @SSingh @MRavichandran @Noorul @SJogi @svh @Arjun Rajkot @Black Swan @lokes 🙏🙏🙏
98.1. lokes |   Link |  Bookmark | September 21, 2023 6:28:59 PM
IPO Guru 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 IPO Guru (1000+ Posts, 2100+ Likes)
NO VIEW🙏
97. Rameshkkr |   Link |  Bookmark | September 21, 2023 7:11:04 PM
Very confused for this ipo. Should I apply or not! Senior members, please suggest.
Thanks for the valuable advice in advance.
97.1. PSR |   Link |  Bookmark | September 21, 2023 7:44:41 PM
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
I am of the view that the amount that is being mobilised is disproportionate to their scale of business.

Hence, I am staying away.
96. sang |   Link |  Bookmark | September 21, 2023 6:37:44 PM
Live

SAI SILKS 10 BUYERS
🚀🚀
95. rsharmaa |   Link |  Bookmark | September 21, 2023 2:16:22 PM
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.
95.6. chakra |   Link |  Bookmark | September 21, 2023 5:36:02 PM
Usually when IPO size more, only last day accumulation to be observed, this is the case for many large size IPO even though they are good.
95.7. Animesh Kumar |   Link |  Bookmark | September 21, 2023 6:26:02 PM
@chakra  Usually QIBs come on the last day for any IPO. Other subscribers subscribe on all 3 days.
94. chIPOrgarh |   Link |  Bookmark | September 21, 2023 4:02:15 PM (300+ Posts)
Good opportunity to become majority shareholder.
94.1. Hrishikeh |   Link |  Bookmark | September 21, 2023 6:12:57 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
what?

93. IPOTRACKER |   Link |  Bookmark | September 21, 2023 1:26:21 PM
GMP :- 11 Buying
93.1. IPOTRACKER |   Link |  Bookmark | September 21, 2023 5:39:40 PM
GMP 9
92. Cyclodium |   Link |  Bookmark | September 21, 2023 3:44:00 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
aaj jo market mein fall aaya hai na uske waje se ipo aana kam ho jayenge
stay cautious bear cycle has started

overvalued ipos apply mat karo
92.1. 👑 King HR |   Link |  Bookmark | September 21, 2023 4:53:30 PM
Bhai market me utar chadav chalta rehta hai ll
92.2. Cyclodium |   Link |  Bookmark | September 21, 2023 5:34:38 PM
Top Contributor 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
91. Crow |   Link |  Bookmark | September 21, 2023 2:52:10 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
Sai Silks looks like a better bet compared to Signatureglobal. Will post reviews tomorrow. Thanks.
Always in restraint of Mrs. Crow.
91.1. 👑 King HR |   Link |  Bookmark | September 21, 2023 4:54:16 PM
Thanx sir waiting
90. vvs |   Link |  Bookmark | September 21, 2023 2:57:50 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
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.
90.2. vvs |   Link |  Bookmark | September 21, 2023 4:17:48 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
@Krishna T  :) good one
90.3. 👑 King HR |   Link |  Bookmark | September 21, 2023 4:45:31 PM
👍
89. Vasubhai |   Link |  Bookmark | September 21, 2023 4:21:39 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Ab tak to 50-50 tha.lekin abhi massages dek ke to pakka ho gaya subscribe nhi karna he.
88. vvs |   Link |  Bookmark | September 21, 2023 4:18:47 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Maybe the USA return techy promoter does not know the IPO game.
87. Asoke sarkar |   Link |  Bookmark | September 21, 2023 3:00:58 PM
IPO Mentor IPO Mentor (700+ Posts, 800+ Likes)
@ 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.

Thank you
87.5. PKRAJ |   Link |  Bookmark | September 22, 2023 4:54:35 PM
@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.
87.6. Asoke sarkar |   Link |  Bookmark | September 22, 2023 4:57:34 PM
IPO Mentor IPO Mentor (700+ Posts, 800+ Likes)
@PUSHPaa,

Lower price will not be accepted in this case as it is already subscribed. BUT cut off price is always accepted.
Thank you
86. ipo stonks |   Link |  Bookmark | September 21, 2023 4:04:12 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Has anybody compared or evaluated this company with Vedant Fashions ?
Vedant fashions is the apt comparable listed player according to me.
85. Jainritik |   Link |  Bookmark | September 21, 2023 3:35:10 PM
What would be the expected subscription figures
84. Vicksa |   Link |  Bookmark | September 21, 2023 3:26:37 PM
Currently more QIB subscription to SS than SG. Is it just to lift sentiments and subscription? Please help.
83. Kousik Chakravarti |   Link |  Bookmark | September 21, 2023 1:38:42 PM
@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

82. AMJ |   Link |  Bookmark | September 21, 2023 12:36:27 PM
On zerodha we see subscription only at end of the day. Where can I see live subscription of an IPO?
82.1. The Nest |   Link |  Bookmark | September 21, 2023 1:34:30 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
On NSE, BSE website and Also on our Chittorgarh Forum
81. SUNILJI |   Link |  Bookmark | September 21, 2023 1:31:38 PM
GMP 20/- BUYER
80. RealQueen |   Link |  Bookmark | September 21, 2023 1:24:03 PM
@Admin @ Chittorgarh.com 
Thank you so much for the speedy reply. 💥