Retail+HNI 90% allocation raises eyebrow to many....but see the other side, It is giving an opportunity to retailers who are not getting allocation in this mad rush & record subscriptions.
In my opinion, It has a risk but it could be a dark horse, It has good brand value, scope to grow multifold. Equity market me calculated risk toh banta hai, -5% down side & +20% upside according to me, It is a good bet. Do your own research & apply. This is my personal view.
92.1. MAMU| Link| Bookmark|
December 9, 2022 5:46:23 PM
IPO Guru (2000+ Posts, 1200+ Likes)
You have to posted this message on ABANS HOLDING page.
Expecting good anchor book in this ipo . I work in liquor industry and Sula enjoys a good shares and brand recall. Company is doing good , 2nd half would be much better than first half as in Indian liquor industry premiumisation is happening and consumption of wine going up considerably hospitality business is doing good . Sula would be an attractive target for any multinational company ,Imported wines business will also see an uptick as Sula has changed changed its business model . Distribution margins has been reduced considerably which will add on to profitability. lots of changes in team with professional people coming in and will benefit company
86. CoolAsh| Link| Bookmark|
December 8, 2022 9:28:02 PM
Top Contributor (700+ Posts, 100+ Likes)
Dilip Sir's recommendation - May apply
If we annualize FY23 earnings and attribute it to post-IPO fully diluted equity capital, then the asking price is at a P/E of around 49.24. Thus the issue is fully priced discounting all near-term positives.
Again, its a long term play. But can't predict the market
85. KAPPO| Link| Bookmark|
December 8, 2022 7:41:49 PM
IPO Guru (1200+ Posts, 800+ Likes)
Asking more valuation market cap than Globus with 3 times net profit and 6 times sales? Wish applicants well.
73. SSingh| Link| Bookmark|
December 7, 2022 6:56:21 PM
IPO Guru (1400+ Posts, 800+ Likes)
Sellers only in grey! Small trades happening at 35-38 range only. No big known trades. If listing of Dharmaj is good and market closes in green around the closing of Sula IPO then we may see some good movement in GMP. Until then, aise hee halke halke move karega..