IPO Notes – Shyam Metalics and Energy Limited and Subscribe or Avoid

<Subscribe or Avoid> GMP: Rs 152/- as of 14th June 21 First day subscription numbers: Overall 1.23x times Short Term / Listing Gains:  If market continue to be in positive trend and I see the solid listing gain. Long Term: (high risk bet) since the company deals with the cyclic industry, person with high risk can

Laxmi Organic Industries Limited IPO Official Details and Subscribe or Avoid

Business: Laxmi Organics Industries LTD Laxmi Organic Industries is a speciality chemical manufacturer, focused on two key business segments:Acetyl Intermediates (AI) and speciality Intermediates (SI) Laxmi was set up nearly three decades ago with the objective of manufacturing alcohol-based chemicals. In early days, Company focused primarily on the production of bulk chemicals. Subsequently, progressed up

How to maximize your chances to get IPO allotment

When any IPO hits the market it allocates some reservations for various kinds of investors, let’s understand them first: Retail Individual Investor (RII): Resident Indian Individuals, NRIs and HUFs who apply for less than ₹2 lakhs in an IPO under RII category. Non-institutional bidders (NII): Resident Indian individuals, Eligible NRIs, HUFs, companies, corporate bodies, scientific

Anupam Rasayan IPO Official Details and Subscribe or Avoid

Business: Anupam Rasayan India Limited® is one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India. With our customers at the heart of everything we do, our focus is to manufacture products with sustainability using our continuous process technology through flow chemistry and photo chemistry, greater R&D and

IPO’s – March 2021

Post where I cover all the IPO’s coming in month of March 2021 MTAR Technologies Limited: Hyderabad-based, leading national player in precision engineering industry engaged in the manufacture of mission critical precision components with close tolerances (5-10 microns),and in critical assemblies, to serve projects of high national importance, through our precision machining, assembly, testing, quality

IPO’s – Feb 2021

I have decided to not write a separate post about each IPO, instead cover them month wise, this year would see many companies making way into primary markets. Heranba Industries Limited: Website Incorporated in 1992, Heranba Industries Limited is a Gujarat-based crop protection chemical manufacturer, Heranba is manufacturers of Synthetic Pyrethroids and its intermediates in

IRFC IPO – Official Details and Subscribe or Avoid

Business: Indian Railway Finance Corporation (IRFC) was set up on 12th December 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic as well as overseas Capital Markets. In more than 30 years of existence, IRFC has played a significant role in supporting the expansion of the Indian Railways and

Mrs. Bectors Food Specialities IPO – Official Details and Subscribe or Avoid

Background and Business: Website We are one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India, according to the Technopak Report. We manufacture and market a range of our biscuits such as cookies, creams, crackers and digestives under our flagship brand ‘Mrs. Bector’s Cremica’. We

The Burger King IPO – Official Details and Subscribe or Avoid

Background and Business: Lot’s of people messaged me on WhatsApp and Telegram about Burger King IPO coming, Is it Burger King USA or Burger King India? Let me tell you this isn’t Burger King USA. This is Burger King India — owned by another company QSR Asia, QSR Asia are having exclusive rights to develop, establish, operate

Official Details: Gland Pharma Ltd. IPO

As company said: “Gland Pharma to be India’s biggest pharma IPO“ Business: Official website A holistic objective of dispensing health through a portfolio of injectable products across various therapeutic segments and delivery systems, has helped us expand to seven manufacturing facilities in India, with a capacity of approximately 750 million units. These include four facilities