No 3rd party, every application was from 1st party application
38.8. lokes| Link| Bookmark|
August 9, 2023 4:32:29 PM
IPO Guru (4400+ Posts, 5100+ Likes)
great listing here and then UC, congrats everyone whoever applied and allotted... i am holding my 1 lot as of now....will see further movements to decide to sell/hold.....company was on very reasonable valuations and with very good growth in profits....and these days airline industry is doing good due to which it is also being benefited...
38.9. Safe Bet| Link| Bookmark|
August 12, 2023 11:42:44 AM
Top Contributor (500+ Posts, 100+ Likes)
Yes @lokes the profit growth was eye catching (in fact too good to believe). Are you planning to hold mid term / wait for next results ?
01/02 first time in life i was preying not to allot this IPO due to pure GMY manipulated but allotted now i am worry to loos 10 to 20% of my principle amt. kya yaar wase niklta nahi hai jab nikla to worry so please IPO mentor / guru please suggest should book the loos if open on negative ?
how GMP can confuse innocent retailers. 10 Rs till yesterday, soon after it was closed, it came down to zero.
I didn't apply , but it always painful to see GMP misleading some subscriptions.
31.1. Sagarwala| Link| Bookmark|
August 9, 2023 10:48:57 AM
IPO Mentor (1200+ Posts, 400 Likes)
Woww... As a retailer I can't understand things that happens in the backdrop. There were not a single gmp discussion in this whole thread, no s2 and all.. here allotment was super easy, but something was cooking from the beginning.
Dear Team, in saving ac if we have OD facility can we apply IPO with using of OD facility, i have ac in icici & axis & Indus inn Bank
29. YBPK| Link| Bookmark|
August 1, 2023 12:37:34 PM
Top Contributor (200+ Posts, 700 Likes)
Intangible assets have gone up from Rs 0.20 lacs to Rs 720 lacs. Co has valued its licensing agreement rights and shown it as an asset Short term borrowings up from Rs 1.67 cr to Rs 12.24 cr LT and ST borrowings of company are Rs 26 cr against which it has advances of Rs 19.75 cr. Usefulness of such advances is not known. Usually companies provide BG instead of advance. Company has given a security deposit of Rs 7.5 cr to Pradhaan Air, a group company with from it has purchase of Rs 3.3 cr. Why give large SD when business done is so low. Company has 33% stake in Teleport commerce IN valued in books at Rs 2.48 cr. Co’s share of networth of Teleport Commerce is Rs 244 lacs. Future business benefit of such stake is not specified Out of total revenue for 10MFY23, Rs9.5 cr is from related parties and receivables of Rs 2.72 cr are from related parties YoY EBIDTA margins has doubled, presumably because of air passenger services which was nil last year Revenue from air passenger services is Rs 7.62 cr while total procurement from Azerbaijan Air, its only air passenger vendor, is Rs 5.57 cr. What all elements are considered in air passenger services is unknown. Commission income this year is Rs 35 lacs which was never there in previous years
27.3. lokes| Link| Bookmark|
August 1, 2023 4:01:27 PM
IPO Guru (4400+ Posts, 5100+ Likes)
I am applying 2 or 3 retail applications....
27.4. abc xyz| Link| Bookmark|
August 1, 2023 8:22:07 PM
IPO Guru (1400+ Posts, 1400+ Likes)
As the other good options are available in the market & presently Cargo stocks are not performing well. Cargotrans, Cargosol & others too are not doing well when market is at ATHL.
27.5. Safe Bet| Link| Bookmark|
August 1, 2023 10:26:04 PM
Top Contributor (500+ Posts, 100+ Likes)
Though I am not a well-informed, cash surplus investor" and actually belong to "while others may avoid it" category..........I still applied for one in number retail lot.
25.1. Safe Bet| Link| Bookmark|
August 1, 2023 5:02:09 PM
Top Contributor (500+ Posts, 100+ Likes)