Yes pkraj sure.. is forum se maine bahut kuch sikha n kamaya hai so mere aur se jo sources hai usme ipo related information mostly gmp aata woh updtae kerta rehta..
• Just 5 years into the business. • Fundamentals are not that strong as compared to KN Agri (though business operations are not exactly same i.e KN is in processed food and USA manufactures and deals in seeds). • Also the issue size is a concern too, excessive supply can be seen at listing.
KN Agri is a champion with big players in its customer lineup like AWL, Ruchi Soya. & is still reasonable at 140-150 if you want to go med to long term.
Is there any difference in ASBA and UPI application for sme ipo's. I have never alloted sme ipo applied through UPI. Do anyone alloted for UPI application.
19.1. IpoRetailer| Link| Bookmark|
July 28, 2022 1:50:17 PM
Top Contributor (300+ Posts, 100+ Likes)
No difference, and it doesn't matter. Have been allotted SME IPO's using both ASBA & UPI option.
Your name is really very good for this forum. You are absolutely correct. Never share the source of your knowledge. Share the knowledge. Otherwise grass will not be available. But be sure that nobody should be misguided. Sometimes take it as granted. Good luck.
13.2. K.Atar| Link| Bookmark|
July 27, 2022 9:03:48 PM
IPO Guru (1000+ Posts, 700+ Likes)
Observations of Dilip Sir: *It has doubled the IPO price after placing a few shares at Rs. 60 in January 2022. The average cost of acquisition of shares by the promoters is Rs. 10.00 per share.
*It is worthwhile to note that BSHSL has posted inconsistency in its top and bottom lines since listing. It has given bonus shares twice during these periods. Currently, the counter is in limelight with well-managed operations to pave the way for USAL IPO and lure investors.
*However, for this IPO, the group gave a mandate to Finshore Management replacing Monarch Networth Capital Ltd. as LM as well as the Market Maker. It has engaged Link Intime India Pvt. Ltd. as registrar against Skyline Financial Services Pvt. Ltd. for BSHSL. On the MM front, it has now appointed Nikunj Stock Brokers Ltd. Thus the bunch of agencies is changing.
Let's see how market interpret these observations. Most likely it will be ignored.
@Jetha Lal ji. Since the Q1 result of Aether Industries was not good, has your view changed or remains bullish as you were in past? Thanks 🙏
9. ipobull| Link| Bookmark|
July 25, 2022 9:28:00 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Aether did not meet my expectations. Its quarterly performance has stagnated based on first look. I think the stock value will not go up much. @Jetha Lal, are you still bullish?
6. AMIT IND| Link| Bookmark|
July 25, 2022 2:25:55 PM
Top Contributor (600+ Posts, 100+ Likes)
Seems to be good one. Even local city reports are positive.
5. svh| Link| Bookmark|
July 23, 2022 3:33:35 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Seems Finshore hacked the SME platform. Another good IPO coming @ 12.5 P/E. Issue size is fair enough to get allotment. Another Rajkot , Gujarat base company after main board public issue Rolex Rings exactly after one year. Rolex issued at 900 & made high of 1800.
5.2. lokes| Link| Bookmark|
July 24, 2022 5:02:52 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@svh: dilip sir mentioned PE of 21.35 in his review as below, how did you arrive at 12.5PE: "If we attribute FY22 boosted earnings on post IPO fully diluted paid-up equity capital, then the asking price is at a P/E of 21.35 "
Latest financial year performance is surprisingly showing huge growth over previous, like many other companies shows in ipo year....and recently shares were placed at 60 and now coming at 120 (may be due to surge in financials accordingly if that's genuine).....
@lokes he have mentioned pre ipo pe ratio ,post ipo pe ratio is 21+ and p/b is 2.5. This company is fully priced but i am going to apply here based on its group company Bombay super yield seeds & SBT.this Bombay name reminds me of Bombay metrics are you still holding it?.it gave wonderful return with poor listing i wish had bought it.
5.4. lokes| Link| Bookmark|
July 24, 2022 9:27:30 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@arca: okk....Anyways actual PE to be considered is post ipo fully diluted only so its fully priced already. ya it can be applied for listing gains or short term etc but it doesn't look so lucrative for good growth in long term and can't say that current FY good financials can be sustained. Kaveri seeds etc are available at good valuation in this field. Bombay metrics was being considered good ipo but listed poor but soon reached 40-50% gains with continuous UC , it was my first sme ipo allotted and i sold that after some days of listing with around 40% profit and now it became 7 times around. Some good sme ipos gave good returns after some months like bombay metrics, markolines, jainam, maruti interiors and some couldn't give good returns still (or couldn't hold at high levels) after listing still like precision, le merit, ab cotspin, safa systems, swaraj etc
5.5. Arca| Link| Bookmark|
July 25, 2022 1:23:45 AM
(1000+ Posts, 500+ Likes)
@lokes yeah we should consider only post pe & pb.i recently bought one lot of precision @28. I hope it crosses 50 after some months.
5.6. svh| Link| Bookmark|
July 25, 2022 1:43:36 PM
IPO Guru (2600+ Posts, 3700+ Likes)
@lokes , ya I took the data from prospectus ready-made but when I calculated manually it comes to over 15.5 p/e pre-ipo and 21.5 post ipo but still I am applying due to certain factors like strong S2 in grey market , the past record of the LM and the track record of the group company.