THE MOST RELIABLE List of Mainboard IPOs IN THE PIPELINE (Status as on 28th February 2023)
A) DRHP Filed – SEBI Approval *Overdue*: DRHP filed >120 Days ago
1) BVG India >>> DRHP filing date 30-Sep-21 2) EbixCash >>> DRHP filing date 10-Mar-22 3) Healthvista India >>> DRHP filing date 01-Jul-22 4) Fincare Small Finance Bank >>> DRHP filing date 08-Aug-22 5) Mankind Pharma >>> DRHP filing date 16-Sep-22 6) WAPCOS >>> DRHP filing date 26-Sep-22 7) Airox Technologies >>> DRHP filing date 30-Sep-22 8) R & B Infra Project >>> DRHP filing date 30-Sep-22
B) DRHP Filed – SEBI Approval *Awaited*: DRHP filed <120 Days ago
9) IndiaFirst Life Insurance Company >>> DRHP filing date 27-Oct-22 10) SBFC Finance >>> DRHP filing date 07-Nov-22 11) Tata Play >>> DRHP filing date 01-Dec-22 12) Indegene >>> DRHP filing date 16-Dec-22 13) Zaggle Prepaid Ocean Services >>> DRHP filing date 21-Dec-22 14) Gandhar Oil Refinery (India) >>> DRHP filing date 23-Dec-22 15) Survival Technologies >>> DRHP filing date 30-Dec-22 16) Honasa Consumer >>> DRHP filing date 30-Dec-22 17) J.G.Chemicals >>> DRHP filing date 06-Jan-23 18) Cyient DLM >>> DRHP filing date 10-Jan-23 19) Rashi Peripherals >>> DRHP filing date 20-Jan-23 20) Ratnaveer Precision Engineering >>> DRHP filing date 27-Jan-23 21) Corrtech International >>> DRHP filing date 10-Feb-23 22) Ideaforge Technology >>> DRHP filing date 13-Feb-23 23) AKME Fintrade (India) >>> DRHP filing date 16-Feb-23
C) SEBI Approval *Received (<6 months ago)*:
1) FirstMeridian Business Services >>> SEBI Approval 24-Feb-23 2) Lohia Corp >>> SEBI Approval 24-Feb-23 3) IRM Energy >>> SEBI Approval 21-Feb-23 4) Rishabh Instruments >>> SEBI Approval 17-Feb-23 5) GO Digit General Insurance >>> SEBI Approval 30-Jan-23 6) Balaji Solutions >>> SEBI Approval 23-Jan-23 7) Enviro Infra Engineers >>> SEBI Approval 23-Jan-23 8) Udayshivakumar Infra >>> SEBI Approval 16-Jan-23 9) Avalon Technologies >>> SEBI Approval 16-Jan-23 10) Innova Captab >>> SEBI Approval 11-Jan-23 11) Blue Jet Healthcare >>> SEBI Approval 09-Jan-23 12) IKIO Lighting >>> SEBI Approval 16-Dec-22 13) Allied Blenders and Distillers >>> SEBI Approval 16-Dec-22 14) Snapdeal >>> SEBI Approval 08-Dec-22 15) Manoj Vaibhav Gems N Jewellers >>> SEBI Approval 02-Dec-22 16) Concord Biotech >>> SEBI Approval 28-Nov-22 17) Protean eGov Technologies >>> SEBI Approval 17-Nov-22 18) Yatra Online >>> SEBI Approval 17-Nov-22 19) Balaji Speciality Chemicals >>> SEBI Approval 15-Nov-22 20) Sai Silk Kalamandir >>> SEBI Approval 07-Nov-22 21) Utkarsh Small Finance Bank >>> SEBI Approval 21-Oct-22 22) Hemani Industries >>> SEBI Approval 13-Oct-22 23) Plaza Wires >>> SEBI Approval 12-Oct-22 24) BIBA Fashions >>> SEBI Approval 11-Oct-22 25) Mitsu Chem Plast >>> SEBI Approval 11-Oct-22 26) Deltatech Gaming >>> SEBI Approval 30-Sep-22 27) Pristine Logistics and Infraprojects >>> SEBI Approval 30-Sep-22 28) Mukka Proteins >>> SEBI Approval 27-Sep-22 29) Gold Plus Glass Industry >>> SEBI Approval 23-Sep-22 30) Navi Technologies >>> SEBI Approval 05-Sep-22
D) SEBI Approval *Received (>6 months ago)*:
31) Concord Enviro Systems >>> SEBI Approval 30-Aug-22 32) Prasol Chemicals >>> SEBI Approval 23-Aug-22 33) Vikram Solar >>> SEBI Approval 10-Aug-22 34) Yatharth Hospital & Trauma Care Services >>> SEBI Approval 02-Aug-22 35) PKH Ventures >>> SEBI Approval 22-Jul-22 36) Gujarat Polysol Chemicals >>> SEBI Approval 18-Jul-22 37) HMA Agro Industries >>> SEBI Approval 07-Jul-22 38) Senco Gold >>> SEBI Approval 05-Jul-22 39) Corrtech International >>> SEBI Approval 01-Jul-22 40) India Exposition Mart >>> SEBI Approval 16-Jun-22 41) Bharat FIH >>> SEBI Approval 10-Jun-22 42) Cogent E-Services >>> SEBI Approval 23-May-22 43) Macleods Pharmaceuticals >>> SEBI Approval 20-May-22 44) TBO TEK >>> SEBI Approval 19-May-22 45) Suraj Estate Developers >>> SEBI Approval 17-May-22 46) Fedbank Financial Services >>> SEBI Approval 13-May-22 47) Aadhar Housing Finance >>> SEBI Approval 05-May-22 48) Kids Clinic India >>> SEBI Approval 04-May-22 49) TVS Supply Chain Solutions >>> SEBI Approval 04-May-22 50) Imagine Marketing >>> SEBI Approval 30-Apr-22 51) FabIndia >>> SEBI Approval 30-Apr-22 52) Capillary Technologies India >>> SEBI Approval 30-Apr-22 53) Sanathan Textiles >>> SEBI Approval 30-Apr-22 54) Asianet Satellite Communications >>> SEBI Approval 30-Apr-22 55) Maini Precision Products >>> SEBI Approval 17-Mar-22 56) Sresta Natural Bioproducts >>> SEBI Approval 15-Mar-22 57) Hexagon Nutrition >>> SEBI Approval 04-Mar-22
D) SEBI Approval *Received (>12 months ago)*:
58) JK Files & Engineering >>> SEBI Approval 23-Feb-22 59) API Holdings >>> SEBI Approval 17-Feb-22 60) Wellness Forever Medicare >>> SEBI Approval 16-Feb-22 61) CMR Green Technologies >>> SEBI Approval 16-Feb-22 62) Capital Small Finance Bank >>> SEBI Approval 08-Feb-22 63) Jesons Industries >>> SEBI Approval 08-Feb-22 64) Waaree Energies >>> SEBI Approval 03-Jan-22 65) GPT Healthcare >>> SEBI Approval 29-Dec-21 66) Veeda Clinical Research >>> SEBI Approval 21-Dec-21 67) Sahajanand Medical Technologies >>> SEBI Approval 17-Dec-21 68) Le Travenues Technology >>> SEBI Approval 16-Dec-21 69) Keventer Agro >>> SEBI Approval 16-Dec-21 70) Emcure Pharmaceuticals >>> SEBI Approval 08-Dec-21 71) ESDS Software Solutions >>> SEBI Approval 03-Dec-21 72) Sterlite Power Transmissions >>> SEBI Approval 02-Dec-21
In my view, a real estate company should not be in loss, as expenditure made on underconstruction building is capitalised as WIP and not having PL impact. If there is loss means that the unit sold is at discount and not having much interest from buyer. Further as mentioned in description "In terms of Sales Growth too, they have attained a CAGR of 142.62%, from Rs. 4,400.10 million in Fiscal 2020 to Rs. 25,900.38 million in Fiscal 2022" not found this 25,900.38 million sales in company consolidated financials which is showing as only 939.60 Crores in consolidated basis in March 2022.
My comments in this company on Feb 2023 at CG platform. They announced for Issue open at that time. What happened than don't remember, surprise to see its open announcement once again
This Issue opening announcement is with RHP dated September 12, 2023 with approval from exchange dated September 09, 2022 (NSE) and September 12, 2022 (BSE). Usually approval letter from exchange is valid for one year, so practically NSE (Designated Stock Exchange) approval has been expired as on date of RHP. Do the company filed this RHP second time and smartly it is no where disclosed. @Dilip Davda sir or any expert, any comment/observation on this.
18. PLAZA| Link| Bookmark|
February 26, 2023 7:29:38 PM
IPO Guru (2400+ Posts, 1300+ Likes)
Himmat nahi ho rahi hai price and date announce karne ki looking to the market situation. . Signature global now becomes signature only .
I don't understand why SEBI allowed such loss making company ipo with a huge premium? Price Rs. 375/- for FV Rs. 1 only. Price Rs. 3750/- for FV Rs. 10. How it is possible?
Today's market crash of about 900 pts. of BSE is a point of disappointment. Now it looks that Adani shares and Adani Group has created such a critical position. Investors are loosing wealth everyday. This is wait and watch position. For the two IPOs in line is also not giving good vibes. Not attractive with face values, as I always comment. When promoters want excessive pricing, it is necessary for them to come with FV of Re 1, 2 or 5. In my views, this is not the time for investing in such IPOs. To control one's addiction and save the hard earned funds. Only if any SME is good, one can choose. I am avoiding so many. Individual decision tobe taken and not to blame even a single member for his views.
8. PLAZA| Link| Bookmark|
February 21, 2023 9:57:08 PM
IPO Guru (2400+ Posts, 1300+ Likes)
Two things simultaneously increasing year on year. Loses and debts From where such loss making availed loan ?
8.1. Learner SK| Link| Bookmark|
February 21, 2023 10:41:34 PM
Top Contributor (1000+ Posts, 200+ Likes)
Promoter is looking for OFS encashment and company is looking for interest free equity support. Investors are fool and money is free. Salute to their courage. Average cost of acquisition and offer price need to be seen. FV is Re 1. If offer is at par, then one may consider.
8.2. PLAZA| Link| Bookmark|
February 21, 2023 11:19:14 PM
IPO Guru (2400+ Posts, 1300+ Likes)
Rate declared. Rs. 375 for FV ₹1 share. Public taken for a ride.
8.4. PLAZA| Link| Bookmark|
February 23, 2023 10:17:25 AM
IPO Guru (2400+ Posts, 1300+ Likes)
VERY HIGH PRICE LOOKING TO CURRENT SITUATION AND FINANCIALS OF THE COMPANY , ONE MORE THING COMPANY FROM REAL ESTATES WHCIH IS NOT GENERATING CASH . IMO THEY PEOPLE JUST FINISHING THE INVENTORY OF EARLIER YEARS TO SAFEGUARD FROM CASH CRUNCH
@P B Upadhyay Rates declared if any, is good. Public/investors can't be taken to ride unless they board for any ride. Why to board every cart/train/flight ? Nobody have forced to apply in each and every IPO and even anybody have forced, let him force. Don't apply. Mentally, we force ourselves to apply and blame others. In order to gain profit, one takes risk. Not bad for risk takers. Global Health in the recent past is a good example. Purely an exception. Still appreciating. In demand. I had been to Great Noida last year. Good example of development, but at the same time, lot of housing projects were lying incomplete there. Feel the suffering of public who invested in such projects. In my post below at sl. 8, I have said that when companies want more valuation, they come with a face value of 1,2 or 5. How many cares for FV. Even some of the members were not agree with my views in my post on FV. Competent authorities giving approvals are seldom in favor of investors.
@Learner SK, Very irresponsible statement of yours : "INVESTORS ARE FOOL AND MONEY IS FREE". I want to tell you that investors are neither fool nor money is free. Even no one can make investors fool. Some new investors are innocent as they might have entered recently in the market. You are also intelligent and have more than 1000+ posts. GREAT, indeed for expecting IPO offer AT PAR. Take care of yourself.
Wow. What a combination Real Estate sector Consistent loss making company Huge Debt Negative networth 250 cr OFS component FV of ₹ 1 One of the rare combination of so many negatives. Let's see if all the negatives combine to make listing positive.