Valiant Laboratories Limited IPO Message Board (Page 16)

Piping solutions company
DEE Development Engineers Files DRHP with SEBI

Issue size :
Fresh - 325 cr
OFS - 7900000 shares

LM :
1.Equirus Capital
2.SBI Capital Markets

Financials FY 23 :
Revenue - 595.5 cr
PAT - 12.97 cr

FV : Rs.10
Retail : 35 %

Can consider Pre-IPO of 65 cr

So in last 18 hrs 4 companies have filed DRHP officially with SEBI , Namely :

1.Exhicom Tele-services
2.CJ Darcl Logistics
3.Dee Development Engineers
4.Juniper Hotels

So Blockbuster action in Primary Markets

1.Indias Top Express Logistics Provider
DTDC in Final Stages to file DRHP
2.Leading Real Estate Firm In South India
CASAGRAND in final stages to file DRHP
3.Leading Diagnostics Firm SRL Diagnostics
to file Soon
4.OLA Electric to file in next 1 month (as per
articles )
( I personally don't have any info )
5.Asirwad Microfin to file DRHP soon
( already informed in Past )
6.Inox Air Products planning a mega IPO
But no official details
7.FMCG player Gopal Namkeen and Snacks to hire Bankers soon

So huge action in coming days

And 2 more unknown companies to file DRHP soon

Plz. Suggest if you have info about something like this

Averagely 100 days or 3-4 months

No.5 Asirwad Microfin DRHP filed as per informed earlier

Will be sharing complete details soon

Issues to hit in next 2 months :

1.Tata Tech
2.IREDA ( Started campaigns this week )
3.Protean E-gov tech ( Started Campaigns from 2 days )
4.Innova Captab
5.Mamaearth ( Honasa consumer )

From above mentioned 5 issues except Innova Captab all issues are of big size

Protean e gov technologies is smallest of the rest 4 with an issue size of 1080 cr App.

Super information. Looks like a grand festive season starting with Dussehra next month.

👍

Hyatt Backed Hotel Operator
JUNIPER Hotels Files DRHP with SEBI

Issue size : 1800 cr ( Only Fresh issue )
* can consider Pre-IPO placement of 350 cr

Financials FY 23 :
Revenue - 717.3 cr
PAT - [ 1.5 cr ] ( Loss )

Retail : 10 %
FV : Rs.10

LM :
1.JM Financial
2.CLSA India Pvt. Ltd.
3.ICICI Securities

Registrar : KFIN TECH

Financials are a ditto copy of Samhi specially Revenue

Capital SFB files DRHP with SEBI

Issue size :
Fresh - 450 cr ( Pre-ipo : 90 cr )
OFS - 2412685 shares
FV : Rs.10
Expected M.cap : 1850 cr

LM :
1.Nuvama
2.DAM Capital Advisory
3.Equirus Capital

Financials FY 23 :
Revenue - 725.5 cr
PAT - 93.6 cr

Q1 24 ( June Quarter ) :
Revenue - 202.3 cr
PAT - 30.1 cr

Registrar : Linkintime

Again small issue so no hope for allotment in it.!!

Retail : 35 %
450 cr Issue

But valuations will be attractive so good listing gains expected

​@newgen consultancy @Crow @GrayIsTheNewBlack @Tejas Pandya I have funds for 1 Retail which one should I apply valiant or plaza, please suggest 🙂

I would recommend Valiant
Maybe Plaza could give more gains compared to Valiant but allotment chances will be around 1/45

So considering allotment chances Valiant would be an ideal choice

Valiant would be better..

Sirf paracetamol banati h Company, do ,char Antibiotics bhi banati to, achha rahta.

​@Jetha Lal And @newgen consultancy What's your view on Risabh instrument?? Holding from ipo...Please advise

Thank you @newgen consultancy

I am also holding 1 retail lot of Rishabh & having strong conviction for long term view ...will also add on dips

How can I use my FD money in IPO application without breaking FD. I have saving account in Kotak bank. If any one have idea please suggest. Is active money in Kotak break in IPO money block.

sir take od limit against your fd and use this amount for ipo..... they will give you 90 of fd amount as od limit.....

All Negatives of this IPO

In this issue one more Negative part in my perspective is its Lead Manager

1.Unistone Capital

Not a very Bad record but 1 thing common in every past issue , Listing always below GMP

Eg : Ratnaveer , Global Surfaces ,
HP Athesives

2.Issue proceeds are not used for Debt repayment which is one of the reasons of decreasing margins

3.Very low margins compared to peers
Like Granules , IOLCP , Jagsonpal , Laxmi

Please note , above mentioned 4 peers are its real peers , rest mentioned in other sources are shown to show valuation discount compared to peers and to show this company better

4.No great advertisements , Campaigns ,
Craze among broker groups and Even GMP

Apply or not ?

We'll decide on 3 Oct ( Last day )
But 60% chances of applying

Apply Valliant!

Any target for Rishabh Instruments

528 / 545
Above 570 , it's valuations will become expensive even if it's forward earnings are considered

Try to gain as much as possible

But can Exit if sharp rally till 550+ is seen

So VALIANT LABORATORIES IPO Has Opened On 27th September & Will Be Closing On 3rd October, So Sharing My View:

VALIANT LABORATORIES Comes From The House Of AARTI GROUP. Promoters Are Experienced & Definitely Very Trustworthy. It's An API Company Where Their Major Revenue Gets Generated From PARA API ( Formula Used In Medicines To Cure Fever & Flu ), So No Doubt That This Sounds Very Impressive In Recent Times Especially After Covid Outbreak But Coming On Their Business Model Their Revenue Is Rising At A Very Good Rate But The Margins Are Extremely Low & As A Result You Can See Their Profitability Is Completely FLAT From Past Few Years. Having Low Margins In The Field Of API Doesn't Look Good At All As According To Me. On Valuations Front It's A Well Priced IPO. It Doesn't Looks Too Expensive Nor Cheap. But Having Low Margins In API Field When There Are Currently Supply Restrictions In China Is A Big Point To Worry. One More Negative Part Is That Company Has Debt & Not A Penny Will Be Used From IPO Proceedings To Pay The Debt, I Not Understand Why They Chosen This Option Maybe Because Of Small Amount Of Around 150 Crs That They Are Are Rising But Again They Could Have Bought An Issue With Bigger Size.

The Things That Are Positive About This Company Are That It Has Great Cash Flow Statement, Impressive Capture In Domestic Market & Good Demand In Export Market.

So Now Comes Whether To Invest Or Not In This IPO. One Thing I Make To Clear That If You Are Investing For Listing Gains Perspective Then You Can Apply For Moderate Listing Gains But If You Want To Invest In Short To Mid Term Perspective Then You Can Skip It. Even In Long Term Investment It Will Not Give Any Exciting Return As Per Me, Thanks To The Debt This Company Has. As This Company Has Debt & Limited Profitability, So People With Long Term Investment Perspective Should Understand That It Will NOT Going To Adopt Dividend Policy Anytime Soon . In Simple Words, It's Just Trying Out Your Luck In This Very Small Size IPO For Moderate Listing Gains & Nothing More Than That.

Very nice analysis in simple words..👍🏻

👍

Latest GMP : 17

It's just my view right now market is good enough giving some profit for all recent ipos this trend may remain for sometime.

Air, road & ocean freight forwarding and logistics transportation services provider
CG Darcl Logistics files DRHP with Market Regulator SEBI

Issue size :
Fresh - 340 cr ( Can consider Pre-IPO of 68cr)
OFS - 5431071

FV : Rs.10

Retail : 35%
Expected M.cap : 2800 cr

LM :
1.ICICI SECURITIES
2.Axis Capital
3.Mirae Asset Capital

Registrar : Linkintime

FY 23 :
Revenue - 4215 cr
PAT - 67.7 cr

EV Charger Maker and Energy Storage Solution provider EXHICOM Tele-services
Files DRHP with Market Regulator SEBI

Issue size :
Fresh - 400 cr
OFS - 7400000 shares

LM :
1.Monarch Networth Capital
2.Unistone Capital
3.Systematix Group

Financials FY 23 :
Revenue - 723.4 cr
PAT - 6.37 cr ( It's actually a PAT of 32.4 cr
But an adjustment of Non-continuing business has caused a one time loss of 26 cr)

Nahi

आपकी बात दिल को छू गई

😀😀😀😀

i applied 4 retail bcz pharama related ipos not subscribe to much but listening always shocking like mankind jupiter healthcare thyrocare
QIB WALE ALWAYS INTERESTED HOTE HE AISE ipo me alkem leb listing yad hena

AVOID!
1. PAT margin falling every year
2. IPO proceeds will not be used towards debt repayment
3. Peers available at cheaper valuation

​@Jetha Lal Jetha bhai, have a look at Caplin Point Laboratories.

PAT in 2021 - 30.59 with Debt - 0.35
PAT in 2022 - 27.50 with Debt - 60.68, if you take 10% ROI, Profit after tax without Interest - 34
PAT in 2023 - 29 with Debt - 59,4 if you keep 10% ROI, Profit after tax without interest - 35...
Company takes Debt to increase Revenue by investing which is very common...

No advice to subscribe or not... this is just for knowledge and correct comparison...

One of the most awaited DRHP filing of
EV charger maker Exhicom Tele-services files
DRHP for a 400cr IPO

Further Details awaited

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.exicom-ps.com/&ved=2ahUKEwjFua378M-BAxXBQPUHHbcuC4IQFnoECBsQAQ&usg=AOvVaw3Bt0azWfTtl32xejZO50hz

Go through this link of website

Telecom services to power solutions

The before statement spoken by you was about Telecom operators

I am saying Tele-services to Automobile and Power solution providers and not Telecom operators like Jio, airtel

​@newgen consultancy Sir, any upcoming IPO with shareholder quota?