IPOs: If you are looking for new opportunities in the stock market, and are thinking of investing in IPO, then this week can be very special for you. Three big IPOs Globe Civil Projects, Ellenbarrie Industrial Gases, and Kalpataru Infrastructure have entered the stock market from June 24. Even though their subscription is slow right now, experts say that the present time is very promising due to economic indicators, better liquidity and increasing interest of retail investors.
The excellent performance of SBI, HDFC, LIC and other big IPOs has instilled confidence in investors. The discussion of the investment world is now divided on Ellenbarrie, Globe, and Kalpataru IPOs. Let’s know which IPO has that special thing that makes it different from the rest.
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Globe Civil Projects IPO: Small company, limited opportunities
Globe Civil Projects is a young company that works in the infrastructure sector. There is potential for returns after public listing, but this company is still considered medium level. Its business and turnover are much smaller than larger competitors. In such a situation, investors should not keep high expectations.
Its gray market premium (GMP) in the market is slightly positive, but this sign only reflects the initial enthusiasm. Before investing in Globe Civil, it is important to keep in mind that it is still in the early stages of development and it may take time to see growth in the return.
Kalpataru Infrastructure IPO: Real estate challenges, hope for turnaround
Kalpataru Infrastructure has achieved strong brand value, but now it is facing debt and inventory pressures. Right now the company has to find a solution to these challenges. Experts say that it may get some relief in the mid-term, but it wants tolerance to invest in the long term.
The situation is not straightforward in Kalpataru IPO. The gray market premium is slightly positive, but the risk is equally clear. Cycles are common in the real estate sector, with frequent corrections and corrections. So if you are looking for assured returns, investing in Kalpataru will require both patience and analysis.
Ellenbarrie Industrial Gases IPO: Fast growth and safe option
Ellenbarrie Industrial Gases is considered the safest in the eyes of analysts right now. The reason for this is not only the valuation, but it seems less expensive than other companies at the price point right now. The special thing is that the GMP is also seen to be positive during the IPO, which means that investors are excited about it.
While Ellenbarrie’s P/E ratio is around 70x, the ratio of other companies in the same industry has reached 130x. This comparison indicates that Ellenbarrie is attractive in terms of valuation right now and is a better option for cautious investors.[Related-Posts]
Apart from this, the future prospects of this company in the sector of industrial gas production used in health, energy, food industries are promising. With the expansion method, rapid production capacity and utility, Ellenbarrie IPO is now emerging as a popular option.
Experienced experts’ opinion
Arun Kejriwal, founder of Kejriwal Research and Investment Services, says that all three IPOs represent different industries and hence it would not be appropriate to make a direct comparison. Nevertheless, features such as small size and turnover in Globe Civil, debt and inventory in Kalpataru, and strong growth and comparatively cheap valuation in Ellenbarrie define their investment approach.
Which IPO is right for you
If you are planning to make a satyug investment, then Ellenbarrie Industrial Gases looks the safest for you. Its growth, industry position and grey market signals make it a better option. Globe Civil Projects has high risk, while Kalpataru Infrastructure needs to improve payments and sales.
Investing in the IPO market offers a lot of opportunities for simple-minded investors like you and me. Globe Civil Projects may be small but full of potential, Kalpataru Infrastructure requires long-term planning, while Ellenbarrie Industrial Gases certainly seems to be the safest and most promising option.
Disclaimer: This article is written for informational purposes only. Before investing in any IPO, please read the official documents and prospectus, and consult a financial advisor. Investing in the stock market is based on risk.
