Sarveshwar Foods Ltd IPO Message Board (Page 8)

https://m.economictimes.com/news/economy/foreign-trade/basmati-rice-exports-may-cross-rs-26000-cr-mark-this-fiscal/articleshow/63383128.cms

Wow Great Report!!!! Thanks for Sharing Umang....This is very good for the Rice Sector...All Rice Stocks will buzz...Sarveshwar at the pe multiple of only 10 looks most promising....

Want to invest in SME IPOs. Which are the best buys in current scenario? Sarveshwar, Dynamic Cables, Ice make refrigeration, Vertoz advertising or Hindcon chemicals?

Volumes spiked up in last hour. There must be some bulk deals for sure today. Will be interesting to watch who are buyers/sellers.

6,00,000 shares traded and over 93% delivery today. This is an encouraging sign. Will have to analyze bulk deals (if any) today to see who bought the big chunks.

Hi umang,
Is it the right time to buy dynamic cables? It is almost available at issue price..

High traded volume...bid digit increased and offer digit decreased slowly...just got the lot at 71.3...

Ps: I haven’t applied the ipo

Show must go on
Kuchh pak raha he

Very high volume
But don''t seen price effect
May be Bulk deal by LM on fix price

Equity is long term game. Those who cannot control their emotions in down cycle period, eventually perished in stock market.

You might have heard Steel Tycoon Lakshmi Narayan Mittal. How he built his empire. He never built a steel company neither bought any steel companies in up cycle. He bought all of his targeted business during down cycle only.
He had the wherewithal to buy Corus. But being a wise businessman he did not bought.
Tata Steel has bought the company outbidding Russian major Severstal, just because it taken the same as prestige issue (मूंछ की लड़ाई). Tata Steel has to suffer for long period, rather it has still not overcome fully out of that wrong decision.
Sarveshwar is sliding due to zero support from the LM and company but in long term, the only driver of price is performance and potential of the company. The company is going to post PAT of ~Rs 17 cr for FY 2018, hence at current price PE ratio is 9.71.

No Basanti Rice players is available at that PE, additionally organic component which is at 10% now will become 35% of revenue in 3 years and company will leapfrog in different league altogether. Hence do not worry about Sarveshwar, it has the potential not only to double ur money but become multibagger in 3 to 5 years.

People like L N Mittal are waiting to lap the entire floating shares of the company, once it reaches around 60-65. Let see market is supreme.

@mastmoula,
It seems from your posts that you are experienced investor.

Umang , ur views please .. what u r doing with your allotments

I have detached myself from watching share price on hourly basis. I watch share price at the end of the day.

Holding all 7 lots.

Now everyone seems to be dumping this stock from the number of sellers seen today which is 6 times the buyers

could you please tell me how to check the time of seller to buyer ?

Hello All,

Be positive & confident for this SME. I GOT 2 ALLOTMENT . We can see the market rit now so it will be impacting in this SME also... with in 2 to 3 weeks we can see the positive change .

Dirty Game
LM & Promoters are not interested to stop panic
Investor are looser & no hope to save loss
God bless them

It is just like Reliance Power end of All IPO`s and Saveshwar Food is end of all SME-IPO`s-that`s all.

Right

Correct

Every one want to exit in this counter to reduce his loss. People are trap in this stock there are no sign of up move the stock price.
Looking market condition and stock can test the level of 55-60 level

Situation is painful now. Any stoploss level. Deep downtrend today. No buyers support.

Big looser in cash as well as confidence.

God knows
How much more pain left.

I will probably exit in next upmove above 74-76

Whatever trust was left in SMEs is evaporated after this IPO.

It is not that the fundamentals is the issue, but the reality that these IPOs (being small) can be manipulated at the expense of small investors. We don''t know what happens ''insider''

No doubt we take risk (coupled with greed) while applying in SMEs, but such short term shortcomings on account of LMs only help in creating more distrust in SMEs.

For now goodbye SMEs, till some trust is built!

Agree agarwal ji

Pls Everyone don''t become Expert.....Don''t spread baseless rumours those who haven''t got the allotment & have sold ( short sell ) just showing the Baseless data....
It was already mentioned in the RHP....All the Figures & facts were enlcosed...Short term debt only 180 crores....
To calculate debt equity ratio so many parameters attached....Company having 22000 acres of land devoted to organic farming....418 Crores Revenue.....
I am holding my two applications Happily & Confidently....

307.5. Umang and his ultrasonic uproar Mar 18, 2018 11:13:33 PM IST
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Pls. Refer RHP EVERYTHING IS CLEAR IN IT.
Inventories :233.5 cr.
Trade receivable : 150 cr.
Long term debt: 1 cr.
Trade payable : 117 cr.
Short term debt: 204 cr.
Short term provisions : 6 cr.
Other current liabilities : 6 cr.
Short term debt is high because they have to built inventories,clearly mentioned in RHP.
Correct....This is why We consider U as the Brilliant Expert....I have a supporting video which is evidence that short term debt is just 180 crores.....

Menu Chand Ajmera sir, why you have not posted the debt 204 crore at the time of ipo. If I know this I will not apply a single application. Thanks as I am planning to buy my sold shares 4800 at RS. 77.50 on Monday at RS. 73-74.40 range. I will not do so now. In my view this is the main reason for negative listing and going down. Kamai chavani kharcha rupava. Why Umang Sir not mentioned the same.

@mastmoula,
Pls. Look at inventory figure, rice companies has to build inventories during paddy season, to ensure supply to distributers for full year. Plus ageing of rice also plays its part.
I learnt that KRBL has not purchased paddy this year, because they have huge inventory of last year. They build inventory when prices are at bottom.

Pls. Refer RHP EVERYTHING IS CLEAR IN IT.
Inventories :233.5 cr.
Trade receivable : 150 cr.

Long term debt: 1 cr.
Trade payable : 117 cr.
Short term debt: 204 cr.
Short term provisions : 6 cr.
Other current liabilities : 6 cr.

Short term debt is high because they have to built inventories,clearly mentioned in RHP.