Suman Bala

Financial Analyst by Profession | Investor and Trader | I share my thoughts and learnings | Goal - Financial Freedom

[The Compounding Thesis @compoundthesi]

Six mainboard IPOs opening today - unusual heavy supply

- LCC Projects (₹139-146)

Issue ₹427cr: Fresh ₹258cr + OFS ₹169cr
GMP ~₹21-30 (15-20%)
Revenue ₹2,918cr→₹3,600cr (+23%), PAT ₹224cr→₹286cr (+28%)

- Rentomojo (₹384-404)

Issue ₹1,256cr: Fresh ₹150cr + OFS ₹1,106cr (OFS-heavy)
GMP ~₹115-149 (28-37%)
Revenue ₹266cr→₹387cr (+45%), PAT ₹43cr→₹104cr (+142%, but ~₹37cr is a one-time tax credit)

- Steamhouse India (₹77-81)

Issue ₹414-425cr: Fresh ₹345-353cr + OFS ₹80cr
GMP ~₹0
Revenue ₹395cr→₹491cr (+24%), PAT ₹31cr→₹39cr (+24%)

- Manipal Payment & Identity (₹322-339)

Issue ₹805cr: Fresh ₹320cr + OFS ₹485cr (OFS-heavy)
GMP ~₹38 (+11%)
Revenue ₹1,277cr→₹1,357cr (+6%), PAT ₹282cr→₹253cr (-10%)

- Karamtara Engineering (₹241-254)

Issue ₹875cr: Fresh ₹675cr + OFS ₹200cr
GMP ~₹58 (+22-23%)
Revenue ₹3,165cr→₹4,316cr (+36%), PAT ₹139cr→₹229cr (+64%)

- ARCIL (₹132-139)

Issue ₹733cr: 100% OFS, ₹0 fresh — company gets no proceeds
GMP ~₹0
Revenue +24-26% YoY, PAT +15% YoY

Which ones are you applying for?

#nse #bse #StockMarketUpdate #StockInNews #IndianStockMarket #ipo #ipogmp

[Suman Bala @SumanB06]

@shreyassppatil @SamirKagalkar @HDFC_Bank @hdfcbank There is always an option to pay in full. Specially in hdfc bank app. This covers the decimal also. Maybe in future you can use it

[Suman Bala @SumanB06]

@ACTFibernet why is there a problem every week with your connection. Pathetic service

[The Compounding Thesis @compoundthesi]

Poojaa Precision IPO opened yesterday:

- Issue structure
₹159.83cr, 100% fresh issue (0 OFS) — no promoter cashing out, full proceeds into the company

-Price band & lot
₹285–₹301; lot size 800 shares (400 in one source's older listing, current is 800); min retail investment ₹2,40,800

- Key dates
Open Jul 28 → Close Jul 30 → Allotment Jul 31 → Listing Aug 4, 2026, BSE SME

- FY revenue & PAT (YoY)
Revenue ₹295.2cr (FY26) vs ₹222.8cr (FY25), +32%
PAT ₹30.9cr (FY26) vs ₹23.93cr (FY25), +29%

- Valuation
Post-issue P/E 19.43x, EPS ₹15.49, P/B 3.19x, RoNW 23.21%, market cap ₹600.34cr [Likely — sourced from a single aggregator, not cross-verified against a second]

- Flag: post-issue P/E of 19.43x sits above the cited listed-peer range of 9.15x–15.19x, and the company has no direct listed peer — so that peer comparison itself is a soft one that the gap exists, Guessing on how comparable those peers actually are]

- ROE 28.18%, ROCE 26.38%, D/E 0.31x — genuinely strong return ratios
Business/market position
Precision engineering (aluminium die-casting, machining), 600+ SKUs, serves auto/EV/aerospace/defence/energy/healthcare; Chakan, Pune facility; clients across Germany, US, Italy, Switzerland; ~78% of net proceeds go to a new manufacturing facility (capacity expansion, not debt paydown or working-capital plugging)

- Subscription (Day 1, 28 Jul, ~3:50pm)
Overall 6.65x | Retail 10.99x | NII 5.83x (B-HNI 6.99x, S-HNI 9.72x) | QIB 0.17x
Note: QIB near-zero on Day 1 is normal — institutions typically bid on the final day, so this isn't yet a signal either way [Certain on the pattern, standard SME-IPO behavior]

- GMP
₹210–₹217 as of Jul 28, implying ~70% listing premium over ₹301; GMP has moved ₹150→₹260 in the space of a week — that volatility itself is a warning sign of speculative froth, not conviction [Certain on the numbers, Likely on the interpretation]

- BRLM & registrar
Hem Securities Ltd. (BRLM); MUFG Intime India Pvt. Ltd. (registrar); market maker Hem Finlease

#india #bse #nse #StockInFocus #ipo

[Suman Bala @SumanB06]

Do you remember when you joined X? I do! #MyXAnniversary

[The Compounding Thesis @compoundthesi]

Latest article on substack -

"How to Read an Annual Report Like an Investor, Not a Formality"

https://t.co/tdhE8j8MNl

Follow my substack for more such weekly articles

#india #stockmarket #bse #nse #ipo #investment #rich #wealth

[Suman Bala @SumanB06]

@tgspdcl Power restored. thank you for responding

[Suman Bala @SumanB06]

@tgspdcl No power supply in Uppal bhagath area since 1 hr. Please help

[Suman Bala @SumanB06]

@tgspdcl Power restored. Thank you for the quick response

[Suman Bala @SumanB06]

@tgspdcl there's no power supply in uppal bhagath area since the last 3 hrs. Please check. Already temperature is very high. Please do something

USC number : 113789701

[Suman Bala @SumanB06]

@ApolloPharmacy @luvlap

[Suman Bala @SumanB06]

@luvlap @ApolloPharmacy I was sold a defect luvlap electric breast pump today.Apollo has rejected to provide an replacement. Why shall I pay for a defective item.the amount was 3500 rs

[Suman Bala @SumanB06]

@ApolloPharmacy @luvlap It was filled with ants when I opened the box

[Suman Bala @SumanB06]

@ApolloPharmacy @luvlap This is the product image

[Suman Bala @SumanB06]

@HDFC_Bank i have enquired about the conversion of my interest rate of the home loan on May 4th. Bank responded that it can be converted to 7.35% on May 11th. I have confirmed to do so. But there is no further response from your end? Pathetic service really
Query no: 1739460595

[Suman Bala @SumanB06]

It's clear that these players can play good football and win matches @ManUtd then what was the problem in the past, Management? It is the same, not much changed after ETH and Amorim left. Manager? We tried all kinds of managers in the past.

#manutd #liverpool

[Suman Bala @SumanB06]

@SwiggyCares if you can't deliver the order then stop the service

[Suman Bala @SumanB06]

@AmazonHelp But I don't received any call from anyone yet.. i cannot wait for whole day. If I get a call then atleast at what time to expect them

[Suman Bala @SumanB06]

@AmazonHelp Are you stupid? What will I return or replace if the product itself is not delivered?

[Suman Bala @SumanB06]

@AmazonHelp The link is of no help