Yudiz Solutions Limited IPO Message Board (Page 2)

Will open positive only. Gonna hold my alloted lot for sometime. Industry is in fancy so Chanes for further upside momentum is here.

GMP jump 30/- now

200+ listing?

YUDIZ BUYER GMP 19/-

Latest GMP??

last nite shoot up gmp 16 buyer...

dubai operator active lisitng 200+++++

must buy on screen

Alloted 2/2 retail

Alloted 2/2 retail

Why nobody talk @ allotment?

Allotment is today or not?

GMP 23 RAJKOT

Ace investor shankar sharma name emerged in it. Gave good returns for dronacharyana and annapurna.
Lets see how pe of 61 can survive here

Bhai ache se socho..ipo last day mai jab subscribe hni category nhi hua to aaye vo tweet krne ke liye..it's a simple recommendation requested by MB..agar vo investor hote to kya ye subac figure hota

I agree with you. His name is not confirmed. Just promoting on behalf of promoter may be.

Target one lot. ✅

Applying to target allotment of 1 lot..

Holding 2 lots..

Anil ji,
Have you sold?

Yudiz Solutions IPO,
4 Retail apps

Due to fund shortages,
otherwise, 7 Retails apps were the target.

Yudiz Solutions IPO,
0 allotment

What a bad luck this time,
0 allotment with 4 Retail apps in "Retail 6.41x" 😖

Member log kripiya yaha se dur rahe 😅

@lokes @Noorul Your views on this? Can we apply in retail?

What I personally found is they have decent anchor investor, which giving me some positive vibes.

Skipped it ..not having much confidence. QIB not interested at all

BSE SME - Shelter Pharma
10 to 14 aug
₹42
3000 lot
Lm Gretex

Members what would be NII oversubscription. Would be helpful to know. Thanks

Registrar MAS
Clear Avoid

They have played wrong buy getting QIB filled on opening day. Most of us understand this planned action. Some retailers may still apply based on it. Exorbitant pricing so not going to touch it.

Company claims to have 439 employees however as per EPFO, company deposited PF of 10 employees in Jun-22 and 16 employees in Jun-23. Does it mean that the rest of employees are outsourced or contractual or ineligible for PF?
Employee expense, main expense item in P&L, as a % of revenue dropped from 68% in 21-22 to 61% in 22-23. Is it due to higher value add work done or higher billing rates or something else ?
Similarly other expense as % of revenue dropped from 20% in 21-22 to 16% in 22-23. Main components of other expenses in 21-22 were Design & Development Charges and Rent.
Financial information summary (cash flow, BS, P&L) is provided for 22-23 however detailed restated financial information is provided till 21-22. Not sure why company does not want to provide the same for 22-23. Statutory Auditors report on 22-23 financials not available in RHP
Ability Games bought a stake in 19-20 @ Rs 24.50 per share which is now offered to public @ Rs 165
Seasoned market players like Lalit Dua, Chhatisgarh Investments (Sarda Energy Group), Neomile are part of anchor investors
Poor cash flow for 22-23 mainly due to increase in receivables
Segment wise only 21% of revenue comes from game development & its share of total revenue is falling consecutively for the last 3 years
Web development and mobile application are other significant segments. While segment wise revenue breakdown is provided, segments wise earnings /EBITDA is not provided
Company expects to double its revenue to Rs 51.5 cr in 23-24 and further 65% jump in 24-25
For a company based in Ahmedabad, statutory auditors are from Kolkata.

@YBPK Your insights are really meaningful, number of employees are key aspects when we have to understand whether company us legitimate or just running on records.