FREE Account Opening + No Clearing Fees
Loading...

Stock Message Board - Share Stock Tips and Reviews


IPO Message Board

Stock market discussion forum offers platform to discuss stock market in India. Share tips, knowledge, research or simply ask questions to fellow members of this forum, get expert advices, learn stock market basics and much more. Members are advised not to use this forum for advertizing products or services.

BSE SENSEX

BSE SENSEX Chart

NSE NIFTY

NSE NIFTY Chart

3591 Comments

3591. JitendraShah   I Like It. |Report Abuse|  Link|July 21, 2024 5:39:54 PMReply

Vilas Transcore Limited

VILAS DAILY GOING DOWN!

STILL WAITING.

SUGGEST WHAT TO DO????
3590. MUNAVIR   I Like It. |Report Abuse|  Link|June 28, 2024 5:03:45 PMReply
Several right issues payment should do by 2-3 installment (parially paying subscription) . Chittogarh application not giving the features to check the subscription status of 2nd or 3rd (partially paying) subscription status. It will be helpful if you include these features in this application. Thank you. Hope you consider this request.
3590.2. RAHUL   I Like It. |Report Abuse|  Link|July 10, 2024 7:54:22 PM
Expert may reply
3590.3. Future   I Like It. |Report Abuse|  Link|July 20, 2024 12:29:41 AM
No one in this platform known this
3589. Siddharth Dhuri   I Like It. |Report Abuse|  Link|July 19, 2024 6:16:39 PMReply
For Monday Godrej consumer products is good to short around 1470 to 1475 with sk 1485 for Target 1451 and lower
3588. TalkOptions   I Like It. |Report Abuse|  Link|July 19, 2024 2:40:48 PMReply
TalkOptions - Option Ka Search Engine

Start searching & analyzing options with various tools and options strategies. We strive our best to provide the best available tools for options analysis. Simple & Easy-to-use platform for Traders and Learners Customised Strategy Builder with Fast Strategies The Strategy Builder allows you to create your strategies with multiple Future & Options positions. It also gives you some pre-built fast strategies to explore—Free Gateway to Options Analysis.

For more information regarding Option trading visit https://web.talkoptions.in/
3587. Siddharth Dhuri   I Like It. |Report Abuse|  Link|July 18, 2024 7:57:44 PMReply
Marico is in uptrend but for tomorrow stock can be short at around 687 for tgt 675 sl 692
3586. Neo Cheng   I Like It. |Report Abuse|  Link|July 17, 2024 2:01:30 PMReply
Hihi, I'm new here, any India IB agent? I'm looking for......
3585. Abuzer   I Like It. |Report Abuse|  Link|July 17, 2024 9:17:50 AMReply

Aurobindo Pharma Ltd.

Can anyone tell the expected % AR for Aurobindo Buyback?
3584. NARENDRA   I Like It. |Report Abuse|  Link|July 13, 2024 10:05:41 AMReply
I HAVE UDAIPUR CEMENT HOLD OR SALE..........?
IN PROFIT
3584.1. Valuepicker   I Like It. |Report Abuse|  Link|July 17, 2024 6:58:02 AM
Hold or Buy.. can touch 60 in. 2 months
3583. SmartOwl   I Like It. |Report Abuse|  Link|July 15, 2024 7:38:40 PMReply
I am holding PNB 125 CE, any chance to recover to ₹3.
3582. Siddharth Dhuri   I Like It. |Report Abuse|  Link|July 15, 2024 1:12:19 PMReply
Eicher motors will do well .Stock trading at 4900 at 1pm tgt 4970 by tomorrow
3581. Sweetypandya   I Like It. |Report Abuse|  Link|July 15, 2024 9:54:36 AMReply

Winsol Engineers Limited

Why winsol going down everyday.?? On 8th Aug 2024, 90 days anchor lock-in will be open. What's next target. Pls suggest me..
3580. Kishan mitna   I Like It. |Report Abuse|  Link|July 15, 2024 8:02:52 AMReply

Tirupati Starch & Chemicals Ltd.

Ipo price of trupati starch and allotment date
3579. Siddharth Dhuri   I Like It. |Report Abuse|  Link|July 15, 2024 7:24:15 AMReply
Hdfc bank may do well in few days .Hdfc bank has resistance around 1651 once cross that can expected 2 to 3 % upside movement.
3578. Amit   I Like It. |Report Abuse|  Link|July 12, 2024 6:41:55 PMReply
I am holding Tata motors 1000ce at 36 for 25th July 2024 expiry , Will it go upward or should I book loss
3578.1. Siddharth Dhuri   I Like It. |Report Abuse|  Link|July 15, 2024 7:19:05 AM
Tata motors in uptrend so first Target is 1045 so u can hold .
3577. Saurabh Jain   I Like It. |Report Abuse|  Link|July 14, 2024 3:03:17 PMReply

Effwa Infra & Research Limited

Selling problem in EFFWA IPO
3576. CHANDRA Shekhar Singh   I Like It. |Report Abuse|  Link|July 13, 2024 9:25:56 PMReply

Jio Financial Services Limited

Whenever it goes days lows I bought 1 shares therefore no chance of losses at any time I shall continue to till I have fund. I shall sell shares at any price before double
So buying 1 shares at lowest price per day
3575. Sp   I Like It. |Report Abuse|  Link|July 12, 2024 11:16:13 PMReply

Bharat Immunologicals & Biologicals Corporation Ltd.

When the company last issued shares to the public and at what price
3574. sattar mohammad   I Like It. |Report Abuse|  Link|July 11, 2024 10:46:00 AMReply

Ambuja Cements Ltd.

Please confrom ambuja cement ltd source 75 to this e mail present status (AAACG0569p.AZ540
3573. amrit   I Like It. |Report Abuse|  Link|July 10, 2024 1:42:28 PMReply

Sameera Agro And Infra Limited

please tell me what to do.. i am holding from the listing date and i am very small trader.. every day i do pray for the money to come back.. i have two sme ipo.. one is sameera and another is mangalam alloy
both are 50% of the issue price. please help me
3572. Kumar Shankar Roy   I Like It. |Report Abuse|  Link|July 9, 2024 5:08:28 PMReply
Key points in Flipkart-backed logistics unicorn Blackbuck (Zinka Logistics) IPO document

Flipkart-backed logistics unicorn Blackbuck (ZINKA LOGISTICS SOLUTIONS) has filed a draft red herring prospectus with the markets regulator for a fresh issue of Rs 550 crore and an offer for sale of 2.16 crore shares. I read the DRHP dated July 5. I am highlighting certain risks prospective IPO investors should note.

Major business points

Financial Losses and Negative Cash Flows: The DRHP reveals that the Company and its subsidiary TZF Logistics Solutions have incurred losses in the past three fiscal years. Specifically, the company's losses before tax were ₹1,944.97 million, ₹2,971.46 million, and ₹2,934.20 million for fiscal years 2024, 2023, and 2022, respectively. Additionally, both entities have reported negative operating cash flows in the past. This indicates a concerning trend of financial underperformance.

Dependence on Business Partners: The DRHP states that 45.26% of the Company's total revenue from continuing operations in Fiscal 2024 came from its payments offering partners. This heavy reliance on a few partners poses a risk, as the loss of any of these key partners could significantly impact the Company's revenue and financial stability.

Revenue Concentration: The DRHP highlights that 94.53% of the Company's total revenue from continuing operations in Fiscal 2024 was generated from payments and telematics offerings. This concentration in two areas makes the Company vulnerable to any adverse changes or disruptions in these specific markets.

Reliance on Key Suppliers: The Company's dependence on a few key suppliers for vehicle tracking solutions is evident in the DRHP, which states that the top three suppliers accounted for 81.81% of total purchases of vehicle tracking solutions in Fiscal 2024. This reliance on a limited number of suppliers could lead to supply chain vulnerabilities and potential disruptions in the Company's operations.

Related Party Transactions: The DRHP discloses related party transactions, such as the Trademark Licensing Agreement with Blackbuck Finserve Private Limited, where a royalty of 2% of total revenue from operations is paid for the use of trademarks. The potential for increased related party transactions in the future, even if at arm's length, could raise questions about transparency and fairness.

Limited Experience in Vehicle Financing: The DRHP states that the Company commenced full-fledged vehicle financing operations in Fiscal 2024, indicating limited experience in this area. This lack of experience could lead to challenges in risk assessment and loan portfolio management, potentially impacting the Company's financial performance.

Seasonality of Business: The DRHP acknowledges the seasonality of the Company's business, particularly in payments and loads marketplace offerings, during the monsoon season. This seasonality can lead to fluctuations in quarterly financial performance and make it difficult to project consistent growth.

Accounting points

Negative Retained Earnings: The substantial negative retained earnings balance of ₹(18,133.52) million as of March 31, 2024, indicates accumulated losses over time. This raises concerns about the Company's ability to generate sustainable profits and its reliance on external funding to cover operating expenses.

High Cash Burn Rate: The cash flow statement reveals significant cash outflows from operating activities in the past two fiscal years (₹(1,191.82) million in FY2023 and ₹(781.64) million in FY2022). This suggests a high cash burn rate, which could be unsustainable without continuous external financing.

Significant Increase in Investments: The cash flow statement shows a substantial increase in investments in mutual funds and bonds from ₹(9,406.20) million in FY2022 to ₹(14,859.56) million in FY2024. While investments can be a legitimate use of funds, the rapid increase warrants scrutiny to ensure they are not being used to mask financial difficulties or manipulate financial results.

Change in Accounting Treatment of Discontinued Operations: The reclassification of the corporate freight business as discontinued operations in the restated financial statements for all three fiscal years raises questions about the timing and motivation behind this change. It could potentially be an attempt to improve the presentation of the Company's financial performance by separating out underperforming segments.

Increase in Other Financial Assets: The significant increase in other financial assets, particularly inter-corporate deposits, from ₹390.79 million in FY2022 to ₹1,047.41 million in FY2024, requires further investigation. The nature and purpose of these deposits should be examined to ensure they are not being used for any illicit activities or to artificially inflate assets.

High Employee Share-Based Payment Expenses: The substantial increase in employee share-based payment expenses from ₹566.75 million in FY2023 to ₹1,495.10 million in FY2024 could be a cause for concern. It's essential to assess whether these expenses are justified and if they are being used to compensate for other financial issues.

Loss on Fair Valuation of Embedded Derivatives: The loss on fair valuation of embedded derivatives in FY2024, amounting to ₹108.91 million, raises questions about the Company's risk management practices and the nature of these financial instruments. It's crucial to understand the underlying reasons for this loss and its potential impact on the Company's financial stability.

Reliance on Non-GAAP Measures: The DRHP includes several non-GAAP financial measures, such as Adjusted EBITDA and Contribution Margin, to present the Company's financial performance. While these measures can provide additional insights, they are not standardized and may not be comparable to similar measures used by other companies. This lack of comparability could make it difficult for investors to assess the Company's true financial health and valuation.

Minor points

High attrition: The DRHP reveals a high attrition rate of 41.08% among permanent employees in Fiscal 2024. The loss of key personnel or an inability to attract and retain talent could disrupt operations and hinder the Company's growth.

Ends
3571. Sanjeev Kumar   I Like It. |Report Abuse|  Link|July 9, 2024 4:42:53 PMReply

Diensten Tech Limited

Sir I have applied For IPO for this Stock IPO not allotted to me but till date my booked amount for this IPO not unblocked my
NAME SANJEEV KUMAR
PAN NO ADJPK4228J
Kindly resolve my issue
3570. Sanjeev Kumar   I Like It. |Report Abuse|  Link|July 9, 2024 5:04:53 AMReply

Diensten Tech Limited

Sir I have applied For IPO for this Stock IPO not allotted to me but till date my booked amount for this IPO not unblocked my
NAME SANJEEV KUMAR
PAN NO ADJPK4228J
Kindly resolve my issue
3569. KT   I Like It. |Report Abuse|  Link|July 7, 2024 9:40:14 AMReply

Nidan Laboratories And Healthcare Limited

Nidan Laboratories are caught in bad business these days.

Unethical management practices taking toll on investor money :)
3568. Rakes kumar singh   I Like It. |Report Abuse|  Link|July 6, 2024 8:32:34 PMReply

Integra Essen Ltd-re

Not so my demate
3567. Deepak Parashar   I Like It. |Report Abuse|  Link|July 6, 2024 4:28:56 PMReply

Integra Essen Ltd-re

This share not showing my portfolio
3566. Swapan Shaw   I Like It. |Report Abuse|  Link|July 5, 2024 8:52:05 PMReply

Integra Essen Ltd-re

I have few share brought through dimat account. in my dimat it show this scrip is not available for training. How can I sale my share.
3565. Sandeep Hariyale   I Like It. |Report Abuse|  Link|July 4, 2024 9:14:06 PMReply

Integra Essen Ltd-re

Integra essen ltd stock are automatically debited by my demat account
3564. Shaik Ashique   I Like It. |Report Abuse|  Link|July 4, 2024 3:27:38 PMReply

Integra Essen Ltd-re

Sir 1000 share by in my demad account but not show my sbi security portfolio please help me
3563. ShiavmSMSV   I Like It. |Report Abuse|  Link|June 28, 2024 12:43:09 AMReply
I need someone guide. please help.
I have applied ipo using other bank account than registered account on my demat account using Google pay.
the mandate got accepted and I could see ipo is allotted.but now while checking in gpay I could transaction is showing failed.

Can someone help that i will get this ipo or not??
is there anyway to get the transaction succeeded.
whom should I reach out for help in this case??

please advice and help🙏
3563.1. ad   I Like It. |Report Abuse|  Link|July 2, 2024 6:40:00 PM
Best trading strategy
https://buymeacoffee.com/fxrouge/e/272459
3562. RAJESH BALVANTRAY TRIVEDI   I Like It. |Report Abuse|  Link|July 1, 2024 4:59:33 PMReply

Piotex Industries Ltd

im 1 lot buy at 86.5
3561. DEVADAS   I Like It. |Report Abuse|  Link|June 28, 2024 8:15:05 AMReply

Integra Essen Ltd-re

Sir this stock not show in protpoliyo
3560. V K Saravanan   I Like It. |Report Abuse|  Link|June 27, 2024 3:10:40 PMReply

Dhanlaxmi Bank Limited

Hi Vijaya,
Thank you for update.
3559. VK Saravanan   I Like It. |Report Abuse|  Link|June 26, 2024 12:07:03 PMReply

Dhanlaxmi Bank Limited

Bought shares @ 51+ around 1400+ shares.
Now running loss of 10000+ please let us know whether it may reach 51+ in coming months.
3559.1. Vijaya   I Like It. |Report Abuse|  Link|June 27, 2024 12:56:33 PM

Dhanlaxmi Bank Limited

Dhanalaxmi bank has high chances of moving up..be confident sir..stay invested...candlestick pattern is very supportive.
3558. Bhagwansingh S   I Like It. |Report Abuse|  Link|June 26, 2024 11:34:20 PMReply

Mangalore Chemicals & Fertilizers Ltd.

Please give details of merger of Manglore chemicals & fertilizers ltd. Into Paradeep Phosphates Ltd. Ratio is 100 Manglore Chem fert. Will get 187 shares of Paradeep Phosphates Ltd.. please mention on website. It's not available on it
3557. Surendra   I Like It. |Report Abuse|  Link|June 26, 2024 11:24:44 AMReply

Lic Housing Finance Ltd.

What was price & date of IPO
3556. A G PUJARI   I Like It. |Report Abuse|  Link|June 22, 2024 1:08:51 PMReply

Ajanta Pharma Ltd.

I had submitted 91 shares of Ajanta Pharma for buy back. Not a single share accepted for buy back. How can this happen?
3556.1. SAI   I Like It. |Report Abuse|  Link|June 24, 2024 12:32:44 AM

Ajanta Pharma Ltd.

WHEN DID YOU BUY IT
3555. SAI   I Like It. |Report Abuse|  Link|June 24, 2024 12:30:53 AMReply
WHAT ARE THE BEST PENNY STOCKS TO BUY
3554. Manish bansal   I Like It. |Report Abuse|  Link|June 21, 2024 1:45:56 PMReply

Le Travenues Technology Limited

Hi everyone, Is ixigo IPO on locking period and for how long? And when can i sell ? And when will i get the notification?
3553. Ashish   I Like It. |Report Abuse|  Link|June 20, 2024 11:25:19 AMReply

Spectrum Talent Management Limited

Any idea whats going on with STML today? Good enough quantity and UC with no material news
3552. RAJESH TRIVEDI   I Like It. |Report Abuse|  Link|June 19, 2024 5:09:57 PMReply

Piotex Industries Ltd

IM 1 LOT BUY AT 85.5 12/6/24
3551. Pandaa   I Like It. |Report Abuse|  Link|June 18, 2024 2:34:54 PMReply

Cello World Ltd

Hello CG Family Members,
I have 23 shares of Cello at 648 Rupees. IPO allotment. CMP is 900. Can I hold or exit. Please suggest me.
3551.1. Priyangshu Chattopadhyay   I Like It. |Report Abuse|  Link|June 19, 2024 1:01:20 PM

Cello World Ltd

Keep for long term. I have 179 lots currently and am holding everything
3550. Sanjay Dholetar   I Like It. |Report Abuse|  Link|June 15, 2024 10:12:27 AMReply

Mandeep Auto Industries Limited

Anybody...still holding this share..what's your view on results.. overall looks good.
3550.1. smith   I Like It. |Report Abuse|  Link|June 19, 2024 11:59:54 AM

Mandeep Auto Industries Limited

Looks like Financial result of this stock can do the magic.
3549. Yash   I Like It. |Report Abuse|  Link|June 18, 2024 11:49:06 PMReply
Any views on infosys and wipro for upside
3548. Pandaa   I Like It. |Report Abuse|  Link|June 18, 2024 2:37:38 PMReply

Sbfc Finance Limited

Hello CG Family Members,
I have 260 shares of SBFC at 57 Rupees. IPO allotment. CMP is 87. Can I hold or exit. Please suggest me.
3547. Pandaa   I Like It. |Report Abuse|  Link|June 18, 2024 2:29:54 PMReply

Vodafone Idea Ltd

Hello CG Family Members,
I have 18172 shares of Vodafone Idea Limited at 11 Rupees. FPO allotment. CMP is 16.84. Can I hold or exit.
3546. Sameer Mehta   I Like It. |Report Abuse|  Link|June 16, 2024 4:17:44 PMReply
3545. Pikka   I Like It. 1|Report Abuse|  Link|June 13, 2024 2:20:15 PMReply
Vodafone Idea Ltd

News: Telecom Body Appoints New Chair And Vice-Chair From Vodafone Idea, Bharti Airtel
3544. Rudra K   I Like It. |Report Abuse|  Link|May 3, 2024 11:16:27 AMReply

M.v.k. Agro Food Product Limited

Anybody holding since allotment?

Should hold or exit ?
3544.1. Rangarajan   I Like It. |Report Abuse|  Link|June 12, 2024 3:49:33 PM

M.v.k. Agro Food Product Limited

I'm holding....but no improvements...should we hold or exit?
3543. Hitesh Thaker   I Like It. |Report Abuse|  Link|June 6, 2024 5:46:55 PMReply

Sakuma Exports Ltd.

When rights are credited in demate account
3542. dinesh bhadada   I Like It. |Report Abuse|  Link|June 6, 2024 12:56:17 PMReply
I would like to request the Admin to give the detail of the companies coming with bonus issue, dividend and demerger/merger and other news in front page as it was appearing earlier for investment decision.

Please Note: All views and opinions expressed in reader comments are solely those of the individual submitting the comment, and not those of the Chittorgarh.com or its staff.