00:002025 is also going to be a great year for the IPO market.
00:09In 2024, you have seen how we have seen the flood of IPOs in the market and it is hoped
00:16that 2025 is also going to be great for the IPO.
00:19Many IPOs are going to enter the market this year.
00:22If we talk about this particular week, then 7 IPOs will come and 6 companies will be listed
00:28this week.
00:29Today, we have picked 2 IPOs which are also seen in a lot of discussion.
00:34First of all, we will talk about SME IPO, Delta Auto Corp Ltd.
00:38We are seeing a lot of its glory in the grey market.
00:41This is an electric vehicle manufacturer company.
00:43It has been open since 7th January, i.e. it has started from today.
00:47It will remain open till 9th January for subscription.
00:50Its price band has been kept from Rs.123 to Rs.130 and retail investors will have to
00:55buy a lot of 1000 shares, i.e. Rs.1,30,000 will have to be invested in it.
01:01If we talk about its GMP, then it was Rs.21 on 1st January, which has increased to Rs.110
01:07on 6th January.
01:08It is believed that if the GMP continues in this way, then the list can be around Rs.240,
01:15i.e. you can get a listing gain of more than 84% straight.
01:20Sir, what is your opinion about this IPO?
01:24You are absolutely right.
01:26There is a lot of attraction, but the risk here is that instead of increasing the company's
01:31profitability, the company's borrowing has increased a lot, which is a matter of concern
01:36despite having sales.
01:37So, overall, what I understand is that if you don't do this, then by looking at EV,
01:42you should only make an investment strategy.
01:44I think you should think and understand from this stock.
01:48You can see a little attraction in the grey market as well, but fundamentally, I don't
01:53find this stock very attractive.
01:55If we look against it, then if we look at the condition of EV stock, like you have seen
02:00the condition of Ola Electric, then I feel that there is a risk in investing in this stock
02:06for a long time or applying for an IPO.
02:09So, I think we should avoid it here.
02:12Sir, can you invest in this IPO for listing gain?
02:17See, there is a probability of listing gain, but looking at the risk factor, I feel that
02:24you will get to see more options here.
02:28But yes, there is a slight possibility of listing gain here.
02:32If you can be strict that you will leave with listing gain, then you should apply here,
02:37otherwise, avoid it.
02:39So, you can adopt this strategy for this IPO.
02:43The next one is Quadrant Future Tech IPO.
02:46This is also open from 7th January, i.e. from today for subscription.
02:49And the goal of the company is to raise 290 crores from the fresh issue of 1 crore shares.
02:55And this will be listed on 14th.
02:58The price band for the company IPO is of 275 rupees to 290 rupees per share.
03:04And investors in 50 shares and its multiple can bid.
03:09Sir, what is your opinion on Quadrant Future Tech?
03:13See, the balance sheet is in a very bad condition.
03:17If you look at the quarter results, the profitability is decreasing and now it has come to negative.
03:22In fact, the result they gave in September 2024, they have shown a loss of about 12 crores.
03:28So, I don't see any attraction right now.
03:30On top of that, if you try to understand the whole fundamental of the company here,
03:34then there is not much attraction.
03:35Especially the price of 290 and 275 is very aggressive and very expensive.
03:42So, I think it should be avoided here.
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