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TGIF Agribusiness Limited IPO Message Board (Page 2)

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17. BLUE WHALE |   Link |  Bookmark | May 10, 2024 1:26:28 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
I think that SMART promoters are fooling public with their old side business on their old land.

The cost of share is 10, which they are offering at 93, so their main motto is suck money from market.

They are growing only ANARS at present and nothing very special in this business. P&L is fully cooked, as they don't even pay taxes.

Other than operator game, nothing there good expectation in this IPO.

Applying retail
17.1. colcol |   Link |  Bookmark | May 10, 2024 3:31:06 PM (300+ Posts)
Bilkul sahi. That said, I have also applied for listing gain/loss. Will exit in the pre-open if allotted .
16. ultrasnow |   Link |  Bookmark | May 10, 2024 3:29:57 PM
Applied in hni
15. Jsca |   Link |  Bookmark | May 10, 2024 3:03:19 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Applied 4 retail applications
14. IPOFreak |   Link |  Bookmark | May 10, 2024 12:43:06 PM
@Gaurav DD dimer @rohiitian Bro, any views on TGIF and Silkflex?
14.3. rohiitian |   Link |  Bookmark | May 10, 2024 2:59:21 PM
IPO Mentor IPO Mentor (1000+ Posts, 600+ Likes)
Personally, I've gone more strongly with Silkflex @RPM
14.4. RPM |   Link |  Bookmark | May 10, 2024 3:02:40 PM
@rohiitian Thnx 👍
13. Dhiraj Ramchandani |   Link |  Bookmark | May 10, 2024 2:08:00 PM
IPO Guru IPO Guru (1100+ Posts, 600+ Likes)
Final Verdict - Skipping this one and saving my money
12. BLUE WHALE |   Link |  Bookmark | May 10, 2024 1:20:03 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
1 Anar 100 Bimar
11. Anuj agarwal |   Link |  Bookmark | May 10, 2024 12:40:41 PM (300+ Posts)
As per me company land which is leased from promoter valued around 2-3 cr.
The three best part of this ipo
HEM
Promoter is strong - see past listing and background
NP is 40 per plus ( how many businesses can do that )
11.1. MuStrFc |   Link |  Bookmark | May 10, 2024 12:58:30 PM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
The NP 40% plus is the biggest bummer, how can a business in the current scenario do that? @Anuj agarwal
11.2. Anuj agarwal |   Link |  Bookmark | May 10, 2024 1:01:57 PM (300+ Posts)
Aa jata hai sir .. I know some people doing jojoba cultivation in that area. It's completely tax free. Ek baar setup cost like irrigation power transformer and boundry cost is high after that running expense mein electric and max 2 staff on site.
No taxes
Infact they get yearly subsidy from Rajasthan govt for plantation.
Plants bhi free mein milte hai..
10. BLUE WHALE |   Link |  Bookmark | May 10, 2024 12:35:59 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Skipping, as money will not block before 14th
13th is last date for ENERGY - block buster IPO

HEM / AGRO / SMALL SIZE - ALL NEGATIVE
9. Old.Fox |   Link |  Bookmark | May 10, 2024 10:37:01 AM
IPO Mentor IPO Mentor (700+ Posts, 300+ Likes)
May apply a small sized HNI later in the day.
8. Not Smart |   Link |  Bookmark | May 9, 2024 4:36:39 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Issue is very small and GMP is zero. LM Hem Securities is a positive factor apart from DD Sir's recommendation. I will take a final call tomorrow
8.3. Not Smart |   Link |  Bookmark | May 11, 2024 11:44:17 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Dilip Davda is a regular reviewer of public issues
8.4. Not Smart |   Link |  Bookmark | May 13, 2024 5:35:36 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
GMP was zero when I applied , now it is 36.56% whereas Silkfex stood @23%
7. Dhiraj Ramchandani |   Link |  Bookmark | May 9, 2024 3:06:28 PM
IPO Guru IPO Guru (1100+ Posts, 600+ Likes)
Distorted financials; fundamentally weak IPO. Silkflex looks better or at least stable as compared to TGIF..

I would avoid this one, silkflex call to be taken tomorrow
6. Bambaiya |   Link |  Bookmark | May 8, 2024 9:14:32 AM
The size of the IPO is too small, allocation chances are low....i would personally avoid as size of the company is small and will take long time for Growth.
5. ramdea |   Link |  Bookmark | May 5, 2024 1:00:51 PM
I just studied this IPO. The promoters are strong group and they have many other businesses. They listed a company on sme exchange few years back. This company nintec systems has delivered 200x returns since listing and is growing. this must might be another solid offering from their portfolio of businesses. i will go all out with this.
5.1. MuStrFc |   Link |  Bookmark | May 5, 2024 8:12:56 PM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
Quoting what you said "this must might be another" : either this is a "must" blockbuster issue again from the same promoter group or this "might" be another blockbuster issue from the same promoter group. Can't be both at the same time. Unparalleled confusion.

Be our guest to enlighten more deeply regarding this IPO @ramdea
5.2. StarSon |   Link |  Bookmark | May 8, 2024 1:58:26 PM (200+ Posts)
@ramdea Bhaiya aap is company me payroll pe ho ya daily wages pe rakhe ho IPO ke liye..😂🥴
4. Simply Vicky |   Link |  Bookmark | May 4, 2024 6:08:09 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
All of sudden borrowing apeared in 2023 to justify ipo proceed usage. Extremely unbelievable to see thses kind of ipo getting approval.
Plantation co. Like VPL & other co. HARSHDEEP are struggling to come back above ipo price.
3. StarSon |   Link |  Bookmark | May 3, 2024 8:01:09 PM (200+ Posts)
Hem is the only considerable factor otherwise avoid candidate for me in this IPO fair.
Will decide next week..
3.1. G profit |   Link |  Bookmark | May 4, 2024 9:41:08 PM
IPO Mentor IPO Mentor (1000+ Posts, 300+ Likes)
Totally agree with you sir
2. Squareb |   Link |  Bookmark | May 3, 2024 1:23:38 PM
It's quite surprising that Hem is handling this miniscule issue.
1. IPONEED |   Link |  Bookmark | May 2, 2024 11:09:02 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
kya mjak bna rkha h BSE SME Platform ka ,1, 2 cr sale wali companies bhi 6cr mangne aa gyi or to or Hem Brand iski help kr rha h
18.1. CJ ROCKS |   Link |  Bookmark | May 2, 2024 2:43:36 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
yes 👍sir very right . Guess the LM its HEM 😃 Surprise!🧐