Yash Optics & Lens Limited IPO Message Board (Page 4)

Applied 3 applications of 3 lot each

Applied 5 hni, 1 retail. FF

No allotment. Hoped for atleast two lots. Had gone with FF. OK, no regrets

applied 3 retail 🤞

Cancelled both applications..

Not worth taking the risk

Kahe dara rahe ho. 😇

Last day GMP should increase . Closing ke baad GMP neeche aati hai..

This looks like ..accident can happen here.

I am not ready to start the new year with loss.

I might be completely wrong as well but not just ready to take risk given the current scenario

Applied 2 retail applications
Both open 🤞

​@rohiitian Can you please share your view on 3 IPOs which are closing today.

​@SHari @OSR JMD Applying in K2 and Yash (weighted towards K2). Skipping Jay - worst numbers I've seen in a company coming for IPO, apply here only if you have some info not in public domain, or access to gray.

K2 - fairly priced, mostly govt contracts which pulls down valuations. Some civil works peers trade at 12 PE, others at 18-20, hard to say where it will land. Order book is biggest draw, and mgmt commentary for FY25 based on in-progress work is superb (250 cr rev, 25 cr pat). Feel there's 20% on table. (FY21 & 22 numbers are off because they got into trading to sustain during Covid, but back to core EPC now)

Yash - excellent biz & management but expensive so unsure of listing gains; lot of capex in place, and setting up fresh capex to get more partnerships like Pentax. Superb sustained PAT margins of 20%+. Personally feel it will get a premium because it's unique, but it's the riskier option.

​@rohiitian Thank you bhai. Your nuanced insights are so valuable to many of us here. Best of luck for allotment.

In last 2 days there was goog buying in GM.. so retail will get good no of subs.
imp thing is refund of this will b available for Bharti.. 👌so many have sold and applying..😂 Like me ..

sell and apply kaise karna h , grey market ka access kaise mil skta h

Sell & apply else avoid.

18 Seller Premium
Lackluster 😌

Applied FF in K2 & JAY
For YASH limited funds available so will take decesion after 2:30 pm

​@MAMU Thank you sir

Better go with K2..Avoid Yash.

kal close hone wale 3 ipo me rikhav ka haath hai. in teeno company ki halat gabbar ke hath me phase kaliya or uske sathi jaisi hogayi hai, ab tera kya hoga YASH? 😰😰😰

RIKHAV Dekhe darr lagh rah.
Seniors plz suggest whether or not apply.

Dear esteemed members ,
Your views on this one ?

Titan ke hone se ..kya baaki sabhi gold shop band ho gaye.

Just because there is a big player, doesn't mean others can't grow. Valuation is a little at higher side yes, but it seems a good business.

Should not list in discount.

Expected Subscription, please

All no.s are good but RIKHAV naam sunke dar lagta hai . Yash & k2infragen both have same MM So what to do friends ?

​@Manup @MAMU 
Rikhav ka to bohot darr
Spectrum 2 lot ka dard barkarar hai!!

​@Smile✍️ Thank you so much for reply😊

Existing capacity utilisation is at 60% and that too in double shifts. Still the rationale of buying new machinery, as mentioned is that just after the tie up with HOYA PVT : which enlightened the company personnel that without new machinery business would not be able to survive. Further tie-ups with other international participants is in prospects alongwith increase in Exports.

As per the project timeline for new plant and machinery, it would commence commercial operations by FY 25 end on broader basis. Yet despite this, sales growth is project at 25% YoY for FY 24, and 40% from FY 24 to FY 25 keeping in mind the existing machinery will still be used and the industry as a whole is growing at around 6-8%.

Another company which has yet to register trademarks despite being in existence for quite some time now.

The current IPO price is already discounting the results achievable as of end of FY 25, so upside visibility is bleak to say the least. If the pricing had been done 20-25% lesser, the story would have been more enticing.

Cogently put bro.

Profitable business - Good prospects
Revenue growth - Good
PAT growth- Good
DD sir- May apply
LM- Good
MM- Not upto mark
Anchor size- Nearly 14 crores
Issue size- 53 crores(better chances of allotment)
According to me , seems to be a reasonable bet.
@abc xyz @KAPPO @rohiitian @YBPK @Crow Waiting for your valuable comments

I too believe, this is a good bet, looking at its growth perspective., issue size too is good to get hands on it. The only thing is about the price, there is less room for investors to make immediate money. If market conditions support, it can give good listing returns, but that is very much market dependent thing.

At this moment, there's no reason to avoid this issue altogether. But, there's also no reason to go FF here, when we have other decent IPOs too at the same time.

​@KAPPO Bhai
will it be a dark horse in future??

How can anyone compare B2B with B2C company? Beyond me. Even in their DRHP and RHP they have Not compared themselves with Lenskart or similar business.

With entrenched, deep pocketed players like Lenskart and Titan out there patiently playing the game of ELIMINATING unorganised spectacle shop owners business, just like Amazon does with local retail, I see very little scope and future of local lens makers like Yash UNLESS they come up with something very unique and innovative.

Spectacle business in a few years will be duopoly just like Amazon and Flipkart.

Both Titan Eye and Flipkart make their own lenses but they are NO where near to world number 1 Zeiss in terms of quality, earlier reputation of Hoya was good but dunno why it has fallen.

I have very decent knowledge of lens and spectacle field because I throughly studied the whole thing and players involved a few months ago when I went to get a new specs made by Titan Eye.

I am Not negative about this company, I am neutral to sceptical, if they have left some valuation comfort on the table I might have taken chance.

I feel it can open both in green and red as well. There is No sure shot certainty it will open in green due to valuation concerns.

Big Issue. Looks like flop show