What to Do after listing??
👉 Kronox Lab Post Listing Guidance:
The company has shown consistent and steady growth in the topline and the bottomline during last 3 years and in the first nine months of 2023-24. Based on such performance, we expect the scrip to give strong returns in the coming months, over its listing price of Rs. 164. We suggest retaining the allotted shares and you may buy the shares as medium-term investment.
👉TBI Corn IPO Post Listing Guidance:
The company has shown extraordinary sharp rise in the topline and bottomline during the year 2022-23. We are not sure whether the company can maintain such high profits. If the company can maintain such high profits in the first 2 quarters of 2024-25, then the shares may show uptrend, otherwise, sharp fall is not ruled out.
👉 Aimtron SME IPO Post Listing Guidance:
The EPS for the year 2022-23 comes to Rs. 5.93 and the shares at upper price band was offered at Rs. 161 /PE Ratio of 27.15. The IPO received impressive subscriptions and amount wise subscription of Rs. 8185 crore was received. Now the shares are listed at Rs. 241. You can hold/Accumulate at this price.
👉Beacon Trusteeship Post Listing Guidance: The scrip is listed at Rs. 90, @ premium of 50.00% over the issue price of Rs. 60. The listing has been very much below the expectations of the grey market players.
The current Valuation appears to be okay, till the results of Q1 of 2024-25 are announced. The company earned EPS of Rs. 3.64 during the year 2023-24 and the listing price indicate PE multiple of 24.65.
The company has strong business and profitability. If the company can maintain the profitability which it showed in the last financial year, the share price is expected to show strong rise in the next few months.
Hold/Accumulate
👉Vilas Transcore Listing Review & Post listing Guidance: The scrip is listed at Rs. 214, @ premium of 46.26% over the issue price of Rs. 147. The listing has been very much below the expectations of the grey market players. The current Valuation appears to be okay, and we expect the shares to show rangebound trend and weakness between Rs. 204 to 234, till the selling pressure continues and till the results of the year 2023-24 are announced.
If the company can maintain the profitability in the results of 2023-24, the share is expected to show uptrend to Rs. 246/256
👉 GSM Foils Listing Review & Post Listing Guidance: The scrip is listed at Rs. 32, @ premium of 0.00% over the issue price of Rs. 32. The listing has been very much below the expectations of the grey market players. The current Valuation appears to be okay, till the results of the year 2023-24 are announced. If the company can maintain the profitability which it showed in the last financial year, the share is expected to show strong rise.
👉 Awfis Mainboard IPO Listing Review and Post Listing Guidance: The scrip is listed at Rs. 435, @ premium of 13.5% over the issue price of Rs. 383. The listing has been very much below the expectations of the grey market players. The current Valuation (Rs.406) is very low. Once the selling pressure is over, strong uptrend is expected in coming months. Accumulate at this valuation.
