CA Ritesh Singla

Chartered Accountant and Trader

[CA Ritesh Singla @rinkusingla151]

@oldschoolinvest Same .. Rarely got allotment where MUFG is registrar

[CA Ritesh Singla @rinkusingla151]

Avoid both PhysicsWallah and Emmvee IPOs closing today.

[CA Ritesh Singla @rinkusingla151]

Pine Labs
💳 Smart POS Solutions
🛍️ Buy Now, Pay Later (BNPL)
💼 Merchant Financing
🌐 Online Payment Infrastructure
Size : 3899 Cr (2080 cr fresh rest OFS)
View : BIG Avoid

[CA Ritesh Singla @rinkusingla151]

Groww IPO
- Investment Platform
- largest retail broker
- Solid anchor book
- Valuation - Costly
- Size -6632 cr ( 1060 cr fresh , rest OFS)
- View : long term investor can apply with view of 3-5 yr

[CA Ritesh Singla @rinkusingla151]

I personally not expecting it listing in discount but it can happen (5% chance)..
- ⁠Safe investors can completely avoid it.
- ⁠Long term investors should wait for 2-3 quarterly results before investing..

[CA Ritesh Singla @rinkusingla151]

Lenskart Ipo
- Biggest eyewear brand
- ⁠Size -7278 Cr ( 2150 cr fresh rest OFS)
- ⁠Excellent anchor book
- ⁠Absurd Valuation (P/e ratio : 200+ and Price to sales : 10x)
- ⁠View : Risky investor can apply here for 10% listing gain only .

[CA Ritesh Singla @rinkusingla151]

Studds acessiories Ipo
-Helmet manufacturer
-455 Cr (full ofs)
Can apply for 5-10% listing gains

[CA Ritesh Singla @rinkusingla151]

Orkla india Ipo
-Main products -Spices and Ready to cook products
- Brands -MTR and eastern
- Size - 1667 Cr ( Full OFS)
Apply here for 5-10% listing gains

[CA Ritesh Singla @rinkusingla151]

Midwest Ipo
- largest producer and exporter of black galaxy granite
- Size -451Cr (250 fresh + 201 OFS)
Apply here only for 5-10% listing gains

[CA Ritesh Singla @rinkusingla151]

🚨 3 Big IPOs Expected to Coming in the Next 30 Days!

💥 Groww IPO – ₹7,000 Cr Approx
👓 Lenskart IPO – ₹7,500 Cr Approx
📚 Physics Wallah IPO – ₹3,800 Cr Approx

Hope All take inspiration from LG IPO while setting Valuation 🤞

[CA Ritesh Singla @rinkusingla151]

1) Canara AMC
-Size : 1326 Cr (OFS)
- Mutual fund Business
- 3rd highest equity Retail AUM

Better co like hdfc amc , nippon amc available in market

So Avoid as of now

2) Canara Hsbc life
-Size : 2517 cr (OFS)

Same story better co available.

Avoid here as well

[CA Ritesh Singla @rinkusingla151]

Rubicon Research Ipo
- Pharma Co
- Fastest growing
-Strong R&D

Must Apply for listing gain as well as long term

Expecting 15-20% gain here.

[CA Ritesh Singla @rinkusingla151]

First Ipo to cross ₹4 lakc cr subscription
Best of luck to all for allotment 👍

[CA Ritesh Singla @rinkusingla151]

LG ipo breaks all records…still 1hour to go

[CA Ritesh Singla @rinkusingla151]

10) NTPC Green Energy Ltd. – Issue Size: ₹10,000.00 cr | Listing Gain/Loss: 12.64

[CA Ritesh Singla @rinkusingla151]

History of 10000cr+ ipos
1)Hyundai Motor India Ltd. – Issue Size: ₹27,858.75 cr Listing Gain/Loss: -7.16% 2)Life Insurance Corp. of India – Issue Size: ₹20,557.23 cr Listing Gain/Loss: -7.77%
3)One 97 Communications Ltd. – Issue Size: ₹18,300.00 cr Listing Gain/Loss: -27.4%

[CA Ritesh Singla @rinkusingla151]

7)General Insurance Corp. of India – Issue Size: ₹11,256.83 cr | Listing Gain/Loss: -4.13%
8)SBI Cards & Payment Services Ltd. – Issue Size: ₹10,340.79 cr | Listing Gain/Loss: -9.75%
9)Reliance Power Ltd. – Issue Size: ₹10,123.20 cr | Listing Gain/Loss: -17.27%

[CA Ritesh Singla @rinkusingla151]

LG India

Great company
Market leader
Strong promoter
Brand value
Big Ipo -₹11600 crore
Good Anchor book
View : MUST Apply for 25-30% listing and also for long term…expecting it to double in 2-3 years..