Shivalic Power Control Limited IPO Message Board (Page 2)

In my opinion its better to keep holding as it should do much better post-listing. @JOYS

​@MuStrFc - To what extent you'll recommend to hold ?
With crazy listings happening these days, if lists at 4x it would be almost at 93x FY 25 earnings.

​@GrayIsTheNewBlack The last one of such sort if we take GPECO listed with 300% premium and has been falling since due to inherent trading business, smaller issue size which meant higher listing action and the word "solar" was already embedded advantage for listing which has faded since.

Shivalic on the other hand has a good base of tailwind sector catering to variety of needs with better margins than peers and can do well if good guidance going forward is given by the management. If annualised estimates can be beaten thats an icing on the cake.

So, in that context for allottees only any listing between 200-250% premium is ideally a hold but if stretched too far like you said 400%+, then taking an exit is no doubt an equally good choice.

This may be compared to Marine Electricals which is at 80 PE. The Shivalic RHP already states that they've done 102 cr in FY24, and at 12% PAT (9m '24 number), thats 12 cr for the year and 20 PE at 100 rs. So there can be juice upto a price of 400 rs which is already euphoric, and beyond that i dont have words to describe.

Managememt have indicated they can max out capacity in next couple of years (i.e 2.5x from here). So IF mgmt delivers, were looking at 250 cr rev, 35 cr PAT in 2 years (~27 PE on FY26). Expensive, but in line with peers. @GrayIsTheNewBlack @MuStrFc

I wrote FY-25 by mistake meant FY-24.
Thanks @rohiitian for pointing out that full FY24 revenue data is available (they've mentioned it at just one place though at page-75, why not include in all tables for ease of readers ?? )
I was working with conservative estimates to derive FY 24 data and around 400 was getting a P/E of 90~95, with approximate revenue figures given by the company as you said it comes around 80x at 400 Rs.
Listing beyond 400 though, is discounting all the known positives for forseeable future.
If they expediate the new high margin product which they have mentioned in their interview, could open room for some more upside in the near future @MuStrFc

There are couple of triggers i could gather - one is foraying heavily into HT panels which are still small %. Other is an acquisition theyre considering to increase product range. But yes everything factored in at 400. As per DD sir, everything is factored in at 100 😆

But one clear thing is market quickly takes high quality cos to seemingly obscene valuations but in line with peers (most recently Aimtron, plus we experienced it with Atmastco, KP Green etc.). So i wouldn't be surprised to see this go to 400 if it lists less than that. May be a short term opportunity depending on list price. If it goes down, then everyone becomes long term investors :) @GrayIsTheNewBlack

​@vitasta this company is working with very big client i would suggest to hold long u will enjoy money rain ..
This company is doing great work..
Just google company SITE N CHECK ITS CLIENT SO MANY BIG CLIENT IT HAS..
Planning to jump in pre open to buy 1 lot lets see where it open 🧿🧿

​@SJ❤️ Bhai.. No doubt company is good with good financials.. Good product & good client.. But gmp is to high.. I think can list at 300+.. it is very high price ,so will skip if listed at this price.. !!
Will try for petro carban if listed around gmp..!

​@diwan kapoor yes client also good Company PE also good as peer So thinking to join party IT WILL BE 1st ever to JUMP IN PREOPEN OF ANY SME ..
you are EXPERT I KNOW 😅
By the way I AM still HOLDING PREMIUM ROADLINE N ENJOYING PARTY 😅
I guess u holding ABS MARINE N ENJYOING PARTY 😅

​@SJ❤️ Feel nice to knew that you are holding the premium roadline & enjoying the part.. That's good..!!
In ABS Marine i done several trades.. Like..
Entered in pre open @ 294 two lots
Again entered @ 242 two lots
Again entered @ 214 one lot on 4th june
Do intraday buy@190 & sold@210 on 4 th june
Sold 3 lots(214, 242,242 wale) @242
Sold 2 lots (294 wale) @295 & 300Now nill holding..of this one..!!

​@diwan kapoor bhai waah 🙏 Great trading in ABS n congratulation for good profit 💥🧿🥂🥂

@SJ❤️ Thanks.. Bandhu 🥀🥀

​@diwan kapoor bhai what u feel of petro should i also try in pre-open how future u look of it..!!

​@SJ❤️ Shivalik & petro both are looking promising.. Will keep on radar both of these on pre listing.. Final decision will be based on buyers -sellers positions ..& volume.. !!

​@diwan kapoor i will also try to look for its DEMAND how people are rushing for this fingure cross 🙏🙏

Yes, same problem. Still Blocked. Why 2 days delay and delay is still continuing...

Same here...

Whom to write? Icici upi also not released..@Vimal Garodia @Chhote Lal

​@Anshujii My ICICI UPI released yesterday itself..

I suggest wait for Monday, if still not released then email to your specific bank branch and also to the registrar, with all the details..

All the best..

My Sbi A/c / PhonePe upi still blocked. No reply from registrar. Sad.

Jinko nahi mile wo Listing day par jis rate me mile, bhar bhar k utha lo. Achha ja sakta hai ye aage.

​@AkhileshIndore what is insider new n how can u say that it will as most of SME IPO GO HIGHER AFTER LISTING

Allotment hua 1 lot Retail me, uske baad aaj aur listing k baad 5000 stock buy kiye 304 me. Aur 30 min baad to Circuit lag gaye.

But client list includes companies such as L&T, Siemens, Schneider Electric,

why you think it is Bakwas company. what is the rational behind this. @BLUE WHALE