Upcoming IPO' s 🔜

[hender]

I have been using lenskart from the time it exists. I guess 2011 or 2012. It glasses kind of just fits me. I am too lazy to go out to order and then pick again. I do not look anywhere else as it just works. Probably same reason i have stuck to bigbasket for almost same time. They are not cheap. They have their own brands (whatever they may be). Two pair of glasses last for me for 3 years without a problem.

My problem with their ipo is that I dont know what different will do which will improve their profitability. They have been in business for more than decade. Have online / offline presence. What will do with ipo money which they could not do with VC money. Will new factory help emough? And at this price, stock doesn't make sense. Probably, it is just good exit for investors.

3 different Side/aspect of the Story
1-Angel /VC Primary Investor.
2-New Retail.
3-QIB/MF/Big Investor/Major Stake Holder.
It's a well calculated strategies by Big Fish always ✅ 👍

 

[Dr.AMAN]

Lenkskart is atleast working on new tech. like automated eye power detecting machines without any human need. We will be just able to walk in to any lenskart kiosk and get our power checked. But dont know what will happen to oyo, meesho, physics wallah IPOs. Very little chance for further growth in them. Heard that hotel owners r actually breaking up their contracts with OYO due to poor business

 

[tachniki]

Lenkskart is atleast working on new tech. like automated eye power detecting machines without any human need. We will be just able to walk in to any lenskart kiosk and get our power checked. But dont know what will happen to oyo, meesho, physics wallah IPOs. Very little chance for further growth in them. Heard that hotel owners r actually breaking up their contracts with OYO due to poor business

Unless they invent way to automate eye power check using our phone or computer, I don't think store automated eye check is going to help much in value. Peeyush mentioned couple of yeara back that they tried but not much success. I will be more optimistic about their smart goggles / glasses.

I am not optimistic about physicswallah or most edtech. I have never purchased from meesho but i guess they captured good market. Not sure about their business much or what they are going to do with more public money. Oyo. I will not even talk about it.

Some new gen company that may possibly work well are razorpay, juspay, Acko.

 

[ashwinikumar900]

Same here, never purchased from Meesho. I don't think it will find its foothold in this space that easily. Look what happened to SanpDeal. The only thing which can happen in the future if Meesho succeeds, which seems impossible now, is the accusation by bigger players. But since all the bigger players in this arena already have their hands full in all departments, I don't think there is any further space to expand. I saw an article today that Amazon US is removing 30K employees (over-recruited during the pandemic).

Edu-tech - NEVER

Lenskart - Not going to work, until unless they changed their route.

 

[Lynx]

Apply, if allotted exit on listing day.
And stay stress-free🫷

 

[hender]

Apply, if allotted exit on listing day.
And stay stress-free🫷

That's the stress 😬 how good it will list !!

 

[tachniki]

I don't think it will find its foothold in this space that easily. Look what happened to SanpDeal. The only thing which can happen in the future if Meesho succeeds, which seems impossible now, is the accusation by bigger players.

Meesho had some success already. Giant like Amazon wouldn't have copied it otherwise with Amazon bazaar (budget marketplace). Also, it has narrowed down it losses better than many other e-commerce. Not sure of much detail but whatever i know from some light reading.

 

[thanix]

Orkla India which is part of Orkla Europe more like a investment firm is open for IPO subscription tomorrow. They own MTR Ready mix foods. I will apply few lots. Good business is South and they don't own the MTR restaurant business.

And Studds helmet IPO is coming. I don't see any attractiveness in it though I have used it and liked their quality. I will give it a miss.

 

[ashwinikumar900]

Orkla India which is part of Orkla Europe more like a investment firm is open for IPO subscription tomorrow. They own MTR Ready mix foods. I will apply few lots. Good business is South and they don't own the MTR restaurant business.

And Studds helmet IPO is coming. I don't see any attractiveness in it though I have used it and liked their quality. I will give it a miss.

Studds was the only helmet brand which I owned and used, and there was this another brand, Steelbird. These are the only two which I know, although I don't know much about these companies.

 

[hender]

Studds was the only helmet brand which I owned and used, and there was this another brand, Steelbird. These are the only two which I know, although I don't know much about these companies.

Both are 👍✅👏

 

[Lynx]

Studds was the only helmet brand which I owned and used, and there was this another brand, Steelbird. These are the only two which I know, although I don't know much about these companies.

I have helmet of VEGA named company

 

[Ram1]

Any good ipos to apply now?

 

[Dashanan]

Any good ipos to apply now?

Lenskart and Orkla for now
ICICI prudential amc coming soon

 

[ashwinikumar900]

ORKLA seems good, MTR brand I know, but don't see their presence here in North India that much. Ready-to-eat foods basically, I think they sell. Anyone with broader knowledge about it?

 

[hender]

ORKLA seems good, MTR brand I know, but don't see their presence here in North India that much. Ready-to-eat foods basically, I think they sell. Anyone with broader knowledge about it?

MTR is good since long in North ⬆️ too, product line and quality is that those have taste in, don't go outside.
(Obviously not everyone have the taste in a product line they are offering - so might be you see lesser on shelf)

Authentic Indian Food | MTR Foods

www.mtrfoods.com

 

[thanix]

Orkla parent company in EU is more like a private equity. They buy companies/brands, ride the wave and sell it off. So if you are applying thinking about MTR consider it for medium term 3 to 5 years.

 

[tachniki]

Orkla ipo is just OFS. No investment in company.

Orkla parent company in EU is more like a private equity. They buy companies/brands, ride the wave and sell it off. So if you are applying thinking about MTR consider it for medium term 3 to 5 years.

 

[hender]

Orkla ipo is just OFS. No investment in company.

After looking @ Financial Nos - excitement disappeared 😭!!

 

[thanix]

Orkla ipo is just OFS. No investment in company.

Oh. Is the parent company then taking the cash out?

 

[thanix]

After looking @ Financial Nos - excitement disappeared 😭!!

Why? Is it valuation or OPM?