A Thread On Key Highlights Of The Budget :

▪︎ Simplification On Taxes
▪︎ Expenditure on Key Sectors

1/5
▪︎ Receipts And Expenditure

▪︎ Deficit Trends, Net Reciept Trends And Transfers To States & UT

2/5

Garuda Construction And Engineering Limited IPO

Final Verdict

Clear Cut Avoid ❌️

Not Even Worth For Your Retail Applications

Highlights of the Issue :

Date : 8-10 October
Price Band : 92-95
Size : 264.1 Cr
Fresh - 173.85 Cr
OFS - 90.25 Cr

M.cap : 884 Cr

Surely Read 👇 Objects Of The Issue :

1.Funding Working Capital Requirements : 100 Cr

2.GCP And Unidentified Aquisitions : 73.85 Cr

Key Pointers :

1.Garuda Is An Civil Contractor For It's Parent Company PKH Ventures Whose IPO Was Withdrawn Due to Undersubscription And It's Group Companies

Manba Finance Limited IPO

Final Verdict

Applying Only For Small-Reasonable Listing Gains

Highlights of the Issue :

Date : 23-25 September
Price Band : 114-120
Size : 150.8 Cr
(Full Fresh)

M.cap : 603 Cr

Detailed Thread 👇 Objects Of The Issue :

1.Augmenting The Capital Base To Meet Future Capital Requirements & GCP - 150.8 Cr

Key Pointers :

1.Manba Is A Leading 2W Financer With Larger Concentration In Maharashtra And Gujarat

2. It's Network Consists Of 29 Branches In 6 States And 1100+ Dealers

Northern Arc Capital Limited IPO

Final Verdict

Applying For Reasonable Listing Gains And Long-term

Highlights of the Issue :

Date : 16-19 September
Price Band : 249-263
Size : 777 Cr
Fresh - 500 Cr
OFS - 277 Cr

M.cap : 4244 Cr

Detailed Thread 👇 Objects Of The Issue :

1.Augmenting The Capital Base To Meet Future Business Requirements - 500 Cr

Key Pointers :

1.Northern Arc Is One of The Most Diversified NBFC With Lending, Placement And Fund Management Businesses

2.NACL Has A AUM Of 11,700 Cr And Very Diverse Portfolio

Arkade Developers Limited IPO

Final Verdict

Applying For Reasonable-Big Listing Gains And Long-term

Highlights of the Issue :

Date : 16-19 September
Price Band : 121-128
Size : 410 Cr
(Full Fresh)

M.cap : 2376 Cr

Detailed Thread 👇 Objects Of The Issue :

1.Funding Project Development Expenses - 250 cr

2.Funding Aquisitions And GCP - 180 cr

*Company Has Already Raised 20 cr Pre-IPO Placement

Key Pointers

1.Arkade Is A Leading Real Estate Developer And Redeveloper in the MMR Region

P N Gadgil Jewellers Limited IPO

Final Verdict

Applying For Big Listing Gains And Long-term

Highlights of the Issue :

Date : 10-12 September
Price Band : 456-480
Size : 1100 Cr
Fresh - 850 Cr
OFS - 200 Cr

M.cap : 6514 Cr

Detailed Thread 👇 Objects Of The Issue :

1.Funding Expenditure Towards Setting Up 12 New CoCo Stores In Maharashtra - 393 cr

2.Repayment Of Debt - 300 cr

3.GCP - 157 cr

Key Pointers

1.PNG Is Maharashtra's 2nd Largest Organized Jewellery Company And Fastest Growing Brand in the Country

Kross Limited IPO

Final Verdict

Apply For Small-Reasonable Listing Gains

Highlights of the Issue :

Date : 9-11 September
Price Band : 228-240
Size : 500 Cr
Fresh - 250 Cr
OFS - 250 Cr

M.cap : 1548 Cr

#KrossIPO

Detailed Thread 👇 Objects Of The Issue :

1.Repayment Of Debt - 90 cr

2.Funding Capex - 70 cr

3.Funding Working Capital - 30 cr

4.GCP - 60 cr

Key Pointers :

1.Kross Is A Leading Manufacturer of High Performance And Safety Critical Components in the MHCV Segment

Tolins Tyres Limited IPO

Final Verdict

Avoid👎

Highlights of the Issue :

Date : 9-11 September
Price Band : 215-226
Size : 230 Cr
Fresh - 200 Cr
OFS - 30 Cr

M.cap : 893 Cr

Detailed Thread 👇 Objects Of The Issue :

1.Repayment Of Debt - 93.15 Cr

2.Funding Working Capital - 75 Cr

3.GCP - 31.85 Cr

Key Pointers :

1.Tolins Is A Leading Tread Rubber And Tyre Maker With Ancillary Products Including Bonding Gum, Vulcanizers, Flaps and Tubes

Bajaj Housing Finance Limited (BHFL) IPO

Final Verdict

Applying For Big Listing Gains And Long-term

Highlights of the Issue :

Date : 9-11 September
Price Band : 66-70
Size : 6560 cr
Fresh - 3560 cr
OFS - 3000 cr

M.cap : 58297 Cr

Detailed Thread 👇 Objects Of The Issue :

1.Augmenting The Capital Base To Meet Future Business Requirements - 3560 Cr

Key Pointers :

1.BHFL Is India's 2nd Largest Housing Finance Company (HFC), Fastest Growing HFC with CAGR Of 29.3% in Last 5 Years And Largest Non-Deposit Taking HFC

Bazaar Style Retail Limited IPO

Final Verdict

Applying For Small Listing Gains And Long-term

Highlights of the Issue :

Date : 30 Aug-3 Sep
Price Band : 370-389
M.cap : 2903 cr
Size : 835 cr
Fresh - 148 cr
OFS - 687 cr

Detailed Thread 👇 Objects Of The Issue :

1.Repayment Of Debt - 135 cr

2.GCP - 50 cr

*It Has Already Concluded Pre-IPO Placement of 37 cr

Key Pointers :

1. Style Bazaar is One Of The Fastest Growing And One Of The Largest Eastern-India Value Retail Chains

Ecos India Mobility And Hospitality Limited IPO

Final Verdict

Applying Only For Small-Reasonable Listing Gains

Highlights of the Issue :

Date : 28-30 Aug
Price Band : 318-334
M.cap : 2004 cr
Size : 601.2 cr
(Full OFS)

Thread 👇 Objects Of The Issue :

▪︎ To Carry Out The OFS For Promoters,
Company Will Not Recieve Any IPO Proceeds

Key Pointers :

1.Ecos is India's Largest And Most Profitable Chauffeur Driven Mobility Provider

Premier Energies Limited IPO

Final Verdict

Applying For Very Big Listing Gains And Long-term

Highlights of the Issue :

Date : 27-29 Aug
Price Band : 427-450
M.cap : 20285 cr
Size : 2830 cr
Fresh - 1291 cr
OFS - 1539 cr

Detailed Thread 👇 Objects Of The Issue :

1.Funding CapEx For Setting Up New Manufacturing Facility : 968.6 cr

2.GCP : 322.8 cr

Key Pointers :

1.Premier Energies is India's 2nd Largest Integrated Solar Cell & Module Manufacturer And Largest Solar Cell Exporter To The US

Interarch Building Products Limited IPO

Final Verdict

Applying Only For Reasonable Listing Gains & Will Review Again Post-listing For Long-term

Highlights of the Issue :

Date : 19-21 Aug
Price Band : 850-900
M.cap : 1498 cr
Size : 600 cr
Fresh : 200 cr
OFS : 400 cr

Thread🧵 Objects Of The Issue :

1.Funding CapEx For Setting Up New Manufacturing Facility : 58.5 cr

2.Funding Working Capital : 55 cr

3.Funding Capex Towards Upgrading Existing Facility in Kichha, TN : 19.3 cr

4. Investments in Upgrading Existing IT Infra : 11.4 cr

5.GCP : 55.8 cr

Saraswati Saree Depot Limited IPO

Final Verdict

Apply Only For Reasonable Listing Gains

Highlights of the Issue :

Date : 12-14 Aug
Price Band : 152-160
M.cap : 634 cr
Size : 160 cr
Fresh : 104 cr
OFS : 56 cr

Thread 👇 Objects Of The Issue :

1.Funding Working Capital Requirements : 81 cr

2.GCP : 23 cr

Key Pointers :
1.Saraswati is A Leading
B2B Trading Company in Women's Apparel Especially Sarees, With 13000+ Customers And 3 Lakh+ SKU's

Unicommerce ESolutions Limited IPO

Final Verdict

Applying For Reasonable Listing Gains And Long-term

Highlights of the Issue :
Date : 6-8 August
Price Band : 102-108
M.cap : 1106 cr
Size : 276.6 cr
(Full OFS)

Detailed Thread 👇 Objects Of The Issue :

1. To Carry Out The OFS For Existing Investors

Key Pointers :
1.Unicommerce is India's Largest Commerce Enablement SaaS (Software As A Service) Platform

2. It is An Proxy To India's Growing E-commerce Trends And Changing Lifestyles

Brainbees Solutions (Firstcry) Limited IPO

Final Verdict

Apply For Small-Reasonable Listing Gains And Long-term

Highlights of the Issue :

Date : 6-8 Aug
Price Band : 440-465
M.cap : 24142 cr
Size : 4194 cr
Fresh : 1666 cr
OFS : 2528 cr

Detailed Thread 👇 Objects Of The Issue :

1.Investment in Subsidiary Digital Age - 300 cr

2.Sales & Marketing - 200 cr

3.Investment in Globalbees - 169 cr

4.Overseas Expansion in KSA - 156 cr

5.Setting Up CoCo Stores And Warehouses - 108 cr

6.Expenditure Towards Lease Payments - 93 cr

Ceigall India Limited IPO

Final Verdict

Avoid

Highlights of the Issue :

Date : 1-5 Aug
Price Band : 380-401
M.cap : 6985 cr
Size : 1252 cr
Fresh : 684 cr
OFS : 568 cr

Detailed Analysis 👇 Objects Of The Issue :

1.Repayment Of Debt : 413 cr

2.Purchase of Equipment - 100 cr

3.GCP - 171 cr

Key Pointers :

1.Ceigall Is One Of The Fastest Growing infra & EPC Company With 50% CAGR Growth

2. It Is Known For It's Execution And Delivering Critical Infra Solutions

Akums Drugs And Pharmaceuticals Limited IPO

Final Verdict

Apply For Small Listing Gains And Long-term

Highlights of the Issue :

Date : 30 July - 1 Aug
Price Band : 646-679
M.cap : 10687 cr
Size : 1857 cr
Fresh - 680 cr
OFS - 1177 cr Objects Of The Issue :

1.Repayment Of Debt : 387 cr

2.Working Capital : 55 cr

3.Inorganic Growth - 68 cr

4.GCP - 170 cr

Key Pointers :

1.Akums Is India's Largest CDMO with 30.2% Market Share

2.The Company Intends To Repay Debt of 387 cr Saving Significant Interest Cost

Bansal Wire Industries Limited IPO

Final Verdict

Applying For Good-Big Listing Gains And Long-term

Highlights of the Issue :
Date : 3-5 July
Price Band : 243-256
M.cap : 4008 cr
Size : 745 cr
(Full Fresh)

Surely Read It Till End
Exploring An Untouched Point in The Company





Objects Of The Issue :

1.Repayment Of Debt -
546 cr

2.Funding Working Capital - 60 cr

2.GCP - 139 cr

Key Pointers :

1.The Company is India's 2nd Largest Steel & Largest Stainless Steel Wire Manufacturer

2. It Will Repay Debt of 546 cr saving A Significant Interest Cost

Stanley Lifestyles Limited IPO

Final Verdict

Applying For Reasonable Listing Gains

Highlights of the Issue :

Date : 21-25 June
Price Band : 351-369
M.cap : 2104 cr
Size : 537 cr
Fresh - 200 cr
OFS - 337 cr Objects Of The Issue :

1.Investment To Open New Stores and Anchor Stores And Renovation of Existing Stores - 140 cr

2.Funding CapEx For Purchase of Machinery - 7 cr

3.GCP - 53 cr

Key Pointers :

1. Company Has A Very Popular, Reputed Brand In The Segment of Luxury Furniture

#Kronox Lab Sciences IPO

Risk Takers Should Apply
ONLY For Listing Gains And Short Term

Keeping This Company For Long-term Isn't Advisable
At This Point of Time

Just Mentioning Some Key Pointers Regarding Why To Apply And Why To Not Hold For Long-term

👇 Negatives :

1.The Company Will Register A Degrowth in Topline In FY24 By 8-11% From FY23

2. Company's Products Are Facing Headwinds
Due To Slowdown In
Scientific Research And Laboratory Testing Sector And Even A Degrowth in Nutraceuticals Sector