Stove Kraft Limited IPO Message Board (Page 12)

Letest GMP ?

Stovac latest gmp

किसी समय ऐसी परफॉर्मेंस वाले इश्यू at par भी सबस्क्राइब नहीं हो पाते थे। और आज लगभग 385रूपए। कमाल है lead मैनेजर्स का।

Wishing you all A Very Happy Republic Day 2021

Largest IPO of this financial year @7300 crore issue size filed.i.e. Aadhar Housing finance

Much bigger than HFFC

https://www.sptulsian.com/f/ipo-analysis/stove-kraft

Issue analysis of StoveKraft
Whether i had agreed with their recommendations in past or not but their understanding of financials is great

Category      Shares Offered
QIB      3,215,260
NII      1,607,629
Retail      1,071,753
Total      5,894,642

Stove kraft Ipo
Only sell & apply this ipo..

Stove Kraft is an IPO which I give a miss. Lastly, IPO market has been witnessing a positive turn on listing day but you never know when will market turn it upside down. If investors are looking just for a listing gain, then one must select the IPO wisely especially in case where many IPOs are hitting a market in a short span.

Speaking of a Stove Kraft, not a good company in terms of profitability. Recently they have reduced their marketing expenses to gain some profit but that’s not a sustainable plan. Company will have to return to these expense and profit will be hammered again.

There are chances on both side for a listing day but this stock fails to attract me as a secure investor. However, company has a strong portfolio and market to capture, in a long run this stock can perform well if profit margin increases.

To show profit they have reduced advertisements,,, laid of employees,,,and took advantage of tax concession during lockdown time,,,
If they really want to grow in future then above all three are required...then that time profit will be adjust and true face of company will be clear...

Anyways in retail allotment is tough...

Qib and HNI participation not sure...I am skipping...if anyone want to apply then can decide after watching QIB numbers on last day...

Absolutely. To show company in a profit they have cut many corners. It''s hard to say about future, only time will tell where this company is heading but I am surely giving a miss to this IPO.

About Stove Kraft!

https://guptapankaj1609.medium.com/stovekraft-limited-prospectus-amazing-points-7098c48bbe91

This blog/article is from a friend of mine.

Kindly do your own due diligence.

Happy investing!

IPO is unreasonably priced. I have not been able to find a reason why such high price is fixed for this issue. Company is consistent in incurring loss then all of a sudden it shows the profit of Rs 288 million in Ist half year without any strong reason.

Don''t go just by the subscription figure. Be prudent investor and give it a skip.

Don''t go with retail numbers.It may be 10-12x by the end of 3rd day but misguiding too.Company financials are still week.

🕊Pigeon is in search of scapegoat🐐

🤣🤣

There are some players who apply through fake retail investors in huge numbers to help the issue get going. Please be careful innocent investors, do not get misleaded by retail subscription numbers.

Fake retail investors in huge number in time of regular bank KYC. Keeping these account active is not easy
It is not old time. Yes we have lot of new investors who became investors in covid times. These new investors have not seen ups and down of the market for long time

Well there should not be fake retail subscription..but there are lots of new retailers in market that they think always small size ipo means always list in profit...so these people are always hungry for allotment...

Dear Panel members,
What is your opinion on Stove kraft IPO, it can be subscribed of avoid because most of the experts given avoid recommendation but in first day more than 5 times subscribed in RII Category.. Please view on this ???

You can decide after watching QIB response on last day arround 2 pm...

stove kraft 1st till 2.45PM RETAIL subscription 2 times ...is really very good for IPO

overall also 0.68 times

Only 10 % for retail. So not a surprsing figure of Subscription

Only approximately 25000 applicants are required to subscribe.

good response

      stove kraft ipo
Retail Individual Investors(RIIs)      10,71,753      21,50,838      2.01

Stove Kraft Limited - Graphical display of bids received *

(* indicates bids position and not necessarily the subscription to the issue)

As on 25-Jan-2021 14:30:00 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative bid quantity at each price point includes the quantity bid at that relevant price point and all valid bids at the next higher price point. The graph is updated every hour.

Total Issue Size      58,94,642
Total Bids Received      38,66,614
Total Bids Received at Cut-off Price      31,09,768
No. of times issue is subscribed      0.66
Graph Logic

indigo paints premium 890

stove kraft gmp 120

Retailers see green even without savaan.
After one bad IPO there will be course correction.

Stove kraft
Premium 108
Sub too 2800