Stove Kraft Limited IPO Message Board (Page 9)

withdrew all my applications.
Retailors: Act fast and withdraw your applications to avoid burning of your hands!

More than 17 times application wise already subscribe there is no worry allotment will hard to get

strongly apply chance to get profit above 5000

wah kya company hai!!

Stove Kraft:
Don''t apply.

IRFC:

- Don''t sell on listing. Wait for few weeks or months. You will get good return.
- If it goes below IPO price then I will buy more.

Day light robber that is what i will tell about this IPO if you at last year profit EPS comes at 300 yes 300. now half yearly it showing an EPS of around 9 giving at PE of 40.... in that 6 months the whole india was in lockdown and these guys did such good sales hard to believe when it peers did really worse ( TTK prestige and Hawkins).

also this company has more then 30 case and on promoters another dozen cases ok i can understand civil but criminal and statuary case( Tax case) cooperate governance issue.

so first it is highly price second all the issue with the company

the is Avoid on all front one of the worst IPO of the decade just trying to get money from market in this bull run.....
WORST IPO OF THE DECADE
IF YOU FIND A BUYER FOR APPLICATION SELL THE APPLICATION IF NOT STAY AWAY

JUST FOR COOPERATE GOVERNANCE ISSUE I WILL AVOID THIS PLUS FINANCIAL IS COMPLETELY COOKED IMO HOW COME IN LOCKDOWN THEY MADE SUCH GREAT PROFIT MUST HAVE FIRED ALL THE EMPLOYEES WHO KNOWS ANYWAY I AM NOT APPLYING
THIS IS MY PERSONAL OPINION

Thanks !

Thanks Septa Ji for your valuable inputs.

Arunarun analysis on antony. It is a very good issue.
Now see the price of Antony .Antony has huge pledge shares. Same goes with stovecraft. Dodgy financial and huge debt. People decide urself.
arunARUNNN (Dec 17, 2020 1:47:55 PM)
For: Antony Waste Handling Cell Limited

It is good IPO. I had applied in march 2020 issue

@IPOANALYSIS

GET WELL SOON

Stock trade urf arunarun proxy. Plz stop creating so many fake accounts to write. I pray to God to give u forage to come with real name.

Brookfield India Real Estate Trust REIT IPO
Issue size: 3800 Crore

issue opens on 3 Feb 2021
Issue closes on 5 Feb 2021

Price Band: 274-275
Lot size 200 Units
Application amount: 55000

institutional investor: 75% of the offer
10.36 Crore Units (on upper price band)
Non Institutional investor: 25% of the offer,
3.45 Crore units, (on upper price band)

Registrar: Link intime

Never saw this type of financial of any company who comes for IPO.

The IPO is priced at 1166.7 times of FY19 earning (EPS 0.3); 301 times of FY 20 earning (EPS 1.3) and suddenly this huge PE drops down to only 22 Times of FY 21 based on the half yearly earning EPS figure of 11.6.

In terms of revenue there was not much change seen in FY 19, FY 20 and Cumulative FY21 (taking two times of half year figure of 3.288 billion).
FY 19: 6.41 billion
FY 20: 6.7 billion
FY 21: 6.6 billion (2X 3.2095)

If the PE of Stove craft and PE of Butterfly Gandhimati for FY 21 is compared, then the valuation looks nearby. But when compare Stovecraft with peers on 3 year EPS and financial performance basis, then there is no comparison. Peers enjoy stronger balance sheet and proven earning. So on track record, this company is dull and comlete failure in front of its peers. Though the company declared considerable improvement in first half year financial of FY 21, but improvement of this kind of earning is not sustainable.

in this IPO, I may not agree with @arnArun. Though I agreed with his analysis in Gland Pharma IPO and that time I applied too. I stick with my decision and not applying in this IPO. very shoddy financial.

I agree with Ganesh but completely disagree with arunarun. Not sure why he is wrongly doing promotion for this company. His last recommendation of Antony also had dodgy data. Antony being such a small scale company had huge pledge shares. Similarly stovecraft have dodgy cooled financial. How can one says that even after collecting money through IPO will be left with 30+ Cr debt and loss making previous years . So ideally it''s a huge loss making company. Butterfly is ruling cheaper and better financial. Not a single reason to apply.

Latest gmp:

Stove kraft 60 rs
IRFC 0.5 rs
Indigo 620 rs
Home first 100 rs

Indigo 820 Brother.
Typo error

Indigo Paints
640-650      

IRFC IPO
0.40-0.50      

Home First Finance
100-110

Stove Kraft
60-65

Those person who feel that stock will give listing gains have applied in this issue
The issue has subcribed 15 .28 times at 11.50 am on last day 28/01/2021
even though nifty is down to 13833 which is below 14200
but change of getting allotment is less

1. It may be typo err 10.50am typed as 11.50am
2. ISSUE NOT SUBSCRIBED 15.28 IT IS RETAIL SUBSCRIPTION

sorry yes retail investor ,

Any review for Brookfield REIT IPO and Brookfield REIT IPO Grey Market Premium ?

Guys another caution for the member arunarun who recommend Antony with huge pledge share is good and now stovecraft which has huge debt,dressed financial. Seems he is more of operator with liking of small.issues with dodgy financial
He has told home finance as expensive which will reward shareholders. Time will tell who is correct now.

By afternoon many retailer to cancel application. No use to apply in such high debt, previous loss making,dressed financial company.

Sir pehle to name change krlo. Coz apko ipo ke analysis to krne aa nhi rhe. Secondly, this forum is made for information, doubts, and real facts not for aggression and rage. So calm yourself down and enjoy the ipo budget combination session

My analysis are 100 pc correct. Check my analysis before which is correct on IPo to avoid and apply
Stovecraft has huge debt, they have many civil and tax matter cases ,.seems u r another name of arunarun. Lol. No words. Rinse kafi ache analysis hai that why have so many comments liking unlike u who no one knows. I only like SEPTA and check his analysis as well that''s why people follow their comments.

I already said earlier, avoid this issue.
Buy good stock from secondary market
after budget.

Withdraw anyone who by mistake applied . Stock to definitely list at huge discount now. It has 300 Cr debt, was loss making and cooked financial to come and collect money, many legal cases against them. Does not even deserve 100 rs price value for such issue.

IPOANALYSIS is doing a wrong analysis!

Arunarun is same guy who said Antony is good issue. Now down more than 10 pc below issue. Look at his recommendation k. The past. All are wrong. He says company with bad management and history are good one like Antony with pledged shares and stove craft with bad financial and says opposite not to apply in good ones like home finance .

Wow, 1 time in 50 minutes for retail must be a record

Wah kya subscription hai.aajtak Nahi dikhi. Being such a smal issue QIB is not even 50 times whereas home finance got good subscription from QIB and HNI Lagta hai aapko yeh Nahi pata that QIB and HNI are the ones who decide outcome and not retailers.

@IPOANALYSIS, looks you are on rage, settle down :)

Hurry. Cancel application immediately. Secondary market mein sale hai why go for expensive primary market stock. Stovecraft have multiple criminal and civil case, loss making previous yes, cooked financial ,even after IPO debt is huge.

It is because cancellation happen at around 3 pm which is not reflected here. Wait for final details which will come by allocation day. Anyway being 24 Cr for retailer even with 25 subscription total is 600 Cr. Even IRFC managed to get more than 3000 Cr from retailer. So nothing great to write home about with such subscription.

Lets see. A correction. Retail portion is 41 cr @ 10%. But this one will sail through just like Anthony Waste.

Antony got lucky on listing day as market uptrend continued. Now the fair value of Antony is reflected. Stovecraft is similar way with many negatives and retailer applied. However this will not be Lucky as Antony on listing day.

GMP?

Avoid and stay away from this ipo.
Instead buy some good quality stock
From secondary market.