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r/IndianIPO r/IPO_India
▲ 1 r/IPO_India

QIB Subscription Estimates

Estimated QIB subs for IPOs closing today & tomorrow.,

  1. Lalithaa Jewellery Mart IPO:

Base/Safe- 14,901Crs

Great- 35,761Crs

Excellent- 59,602Crs

  1. Horizon Industrial Parks IPO:

Base/Safe- 17,904Crs

Great- 42,970Crs

Excellent- 71,617Crs

(Considered QIB estimates as per FF & respective demand but seems due to less subs in other Quota, QIBs will apply bare min' here)

  1. Sunshine Pictures IPO:

Base/Safe- 2,961Crs

Great- 5,922Crs

Excellent- 9,870Crs

  1. Shankesh Jewellers IPO:

Base/Safe- 3,854Crs

Great- 7,707Crs

Excellent- 12,845Crs

More details are shared on my X handle.

reddit.com
u/TickerTheory — 1 day ago
▲ 6 r/IndianIPO+1 crossposts

Shiprocket & Behari Lal Listing

2 Mainboard IPOs to watch tomorrow🚨

  1. Shiprocket

• Free Float: 16,46,41,520 shares

  1. Behari Lal Engineering

• Free Float: 74,08,212 shares

Shiprocket's free float is significantly larger than the IPO component alone, which could mean relatively higher supply post-listing.

Both could see strong listings, but I'm more interested in Behari Lal. Heard that some biggies are interested in Behari- If it gets a muted/weak listing, I may look to accumulate.

I'm watching to see if Shiprocket follows a Shadowfax-like listing trajectory.

Tomorrow should be interesting 👀

reddit.com
u/TickerTheory — 2 days ago
▲ 3 r/IPO_India

Shiprocket Analysis

Shiprocket Limited IPO Review 🧐🚚

> The Business: India's largest horizontal e-commerce enablement platform. Think of it as the "operating system for online sellers". It helps MSMEs and D2C brands manage shipping, marketing, checkout, fulfillment, and even working capital.

> Asset-Light Model: The company doesn't own trucks or a massive logistics network. Instead, it uses APIs to connect over 2.15 lakh active merchants (in FY26) with third-party delivery companies, warehouses, and lenders.

The Verticals:

a) Core Business: Domestic shipping platform, brand boost, etc. This vertical is fully profitable and EBITDA-positive.

b) Emerging Business: Cargo, fulfillment, cross-border (ShiprocketX), and marketing solutions. Currently loss-making but growing rapidly.

> Valuation: Priced at ~2x FY28 Price-to-Sales (or ~3.5x FY26 P/S), which is highly competitive considering peer Unicommerce trades around 3x FY28 P/S. Valued at 30x FY28E EV/Adj. EBITDA, the anticipated fair value comes to around 145, offering a ~50% upside from the price band of 92-97.

> Short-Term: High demand and a solid anchor book make this very attractive for listing gains and short-term play.

> Long-Term: The business enjoys incredible operating leverage (costs are fixed; as merchant scale rises, revenue flows directly to the bottom line). If it maintains a 25%+ growth rate and hits a profitability inflection point, it could yield massive returns.

> Key Risks: A constant supply overhang is likely as early PE/VC backers offload shares over time (no identifiable promoters).

u/TickerTheory — 6 days ago
▲ 2 r/IPO_India

Closing estimates of Hot IPOs

The subs are estimated on a base-higher side based on the past trend data of applications submitted., it's subject to vary depending on the change in premiums and distribution of apps among other open issues..

Happy Minting..!

u/TickerTheory — 8 days ago