Sai Silks (Kalamandir) Limited IPO Message Board (Page 9)

Live premium 8 @ 8:30 🔥

Could someone please
Let every know
What is the application wise subscription
Specifically in shni and bhni
Also
From where do we get this data

Hello everyone ,
Want to have a small clarity . Like it’s said if share is not fully subscribed we can opt for the lower band of share price . And retail is not fully subscribed so will we get the share on the lower price band ??
Thanks in advance

No, they will transfer to higher bidder. I have tried before.

SAI SILK 7.5/9

🚀🚀

How many shares expected in BHNI Application

approx 4 lakh ka maal in BHNI

Newgen
Is kalamandir ipo listing as per t+3 ?

​@lokes @Noorul @GrayIsTheNewBlack @MAMU @Heritage Wale @abc xyz @PLAZA @SONMAYA @newgen consultancy  Experts your views on this?

PLAZA JI,
I failed to correctly assess the probability and submitted bids @ Rs.69.81 n Rs. 69.71, two minutes before the closing. No problem. All the best to you.

Had my exit @232..thanks all the CG forums member for all the timely updates.

How many shares expected in BHNI Application

Newgen, grayisnewblack
Is Bigshare implemented t+3?

Decent QIB number.
It shouldn't list in discount.
Attention: Here Retailers and HNI together have 50% allocation so there will be supply post listing as most of them have applied to gain slim listing gain and if they will get then they will sell as well.
SBIMF can be seen in the Anchor list so I think they will be keep to grab it more post listing if available around IPO price.

Note: Didn't apply and No interest to buy it post listing.

My investment decision is not based on GMP or listing gain. The business should convince me to buy it and I let it go which I don't like.
Those who are comparing it with Vedant Fashion should know that Vedant Fashion has 8X inventory turnover ratio where Sai has 2X and this is why Sai will always need huge working capital to sustain and Check margin of Vedant Fashion vs Sai.
I am not interested in Vedant Fashion as well because I don't like to buy business growing at 15-20% CAGR trading at P/E of 90X.

Thanks 🙏

​@vvs Ji
Yes, you are right both have revenue of around 1300 cr FY23 but now let's see the difference and understand why one is having P/E 74 and another is of 34.

Net profit of Vedant fashion was of Rs 429 cr vs 97 cr of Sai Silks, Ebidta margin of Vedant is of 50% whereas 16% of Sai silks. Inventory t/o of Vedant is 8X whereas Sai silk of 2X, it means vedant takes 1.5 months to clear its stock whereas sai silks takes 6 months. The one who has very high inventory t/o will always has to block its capital & cash and you can see that in IPO sai silks raised more than 40% of fresh issue for working capital. Inventory T/O is make or break for a retail chain. Think like your own business then you will understand better. FY 23 Vendant fashion held inventory of Rs 174cr vs 690cr of Sai silks. It demonstrate efficiency in doing sale.
In last three years sales growth of Vedant Fashion was 14% whereas 5% of Sai silks.
On every parameters Vedant fashion is very superior company vis-a-vis Sai silks that's why vedant is getting higher multiple and will always get.

Thanks.

Ok Jetahji,

Profit I agree. And its seen.
Can you please also share where to read 1.5 month 6 month thing.
Because I would like to learn.

Thanks

Was thinking of taking risk by applying few full lot retail applications however below points hold me from applying full-

1. Refund will not be available for other IPOs as allotment is confirm and kfin not following T+3 ..so can't get my money back for other IPOs.

2. Retail and NII portion is 50 %. Selling Pressure on listing day..

3. Many many other options (open IPOs) are available where ROI is better than here..

4. However in FOMO applied 6 retail applications of two lots...

Disc- applied in Ruchi (Patanjali now) ,mankind, medanta, rainbow, Avalon and Samhi and got good profit in all...

3-Full retail applications (871 shares each).
- Good mutual fund participation in QIB quota.

- Going by the reputation of the brand in South.

Expected opening
-5% to 10%

​@GrayIsTheNewBlack All 3 Open ?

​@Param Patel , yes open as of now.

आखिर कंपनी ने अपना ipo succes कर ही दिया ll
इन्होंने जितनी मेहनत ipo succes करने मे करी है भगवान करे ये लिस्टिंग के दिन भी ऐसी ही मेहनत करे ओर +10% लिस्टिंग करा दे ll

Sai Silk 6.25 premium....

HaaL MaaL Laav Maal . . . .

Different sources as everything GMP varies:

1. Rajkot broker:
GMP: 10-11 RS.

2. https://www.topsharebrokers.com/report/live-ipo-gmp/331/?ref=chr

Sub: 4.47x - 222 - 3 - 225 - 1.35%

Jodhpur Beawar Raipur
Application rate:-
Koshthak
15k ₹400
2 lac HNI ₹2200/= - ₹2300/=
10 lac HNI ₹6100 - ₹6300

Sub To 2 lakh HNI
₹4700 - ₹4900/=

@KAMMA SIVA RAMA KRISHNA
@ManishDwiv Bhai ₹70 se Niche nhi allotment hoga toh
Monday Tuesday ₹70/= mei market se buy kar lena.
Har koi 3.30 tak dekh nahi sakta NSE BSE Mein kya Rate mein bidding ho rahi hai?

Surana ji,
I have submitted the bids two minutes before closing. On an earlier occasion, I have tried one minute before the closing and due to my poor speed and poor typing skills, I couldn't succeed in submitting the bid in time. This time also, I have not properly assessed and hence submitted the bids at the said rates. No problem.
Anyway, I admire and honour your views. Thank you n all the best.

How is retail category still fi6up

How is that retail carry still filling up

I am optimistic about this IPO
I believe those who applied here are taking risk and will not put sell order in preopen because they are brave enough. So chances of discount listing is very negligible.

I have applied for 30 lots
10 lot in 3 account in retail.

Look at SAMHI. Don't get panic at the time of listing
Samhi closed at 13 %

Yes you are right Thoda risk lena padta he... 3 din me 13% return kon deta he jo SAMHI me mil gaya

GMP 4.5 seller

Can we apply IPO mentioning other person UPI id. Will it be accepted ?

applied 1 retail