Please share your views regarding this IPO. Is it worth investing?

On very first day , R.I.I. Subscribe to 60% , However HNI & QIB demand is still less , Surprise 60% R.I.I. Subscription on very first day

The IPO looks expensive to me.

The earnings are so volatile and unpredictable, I don't know what PAT to use for valuing this stock.

If I assume a consolidated PAT figure of 50 crore, then I get a post-IPO eps of 8.33.

I think the fair value of the stock is 65-70.

I am not applying for this IPO.

I will add more later.

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Is any one know that how many times subscribes in retail category ?

1.47 times till 5 PM.

Tomorrow is the last day.

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Can we expect listing gains here, the same operator thing that happened with SPYL?

I'm asking only for the listing day. We all know what happened to SPYL the next day onwards. I read a post on the money control forum where a person was saying that he was facing Rs. 10000 loss on 400 shares, and was still not able to sell it because of the circuit.

Anything can happen with these type of IPOs, where the initial interest is low.

The free float of C Mahendra Exports is much bigger than SPYL.

I don't feel it will rise like SPYL did.

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