BLS POLYMERS IPO & SFC ENVIRONMENTAL IPO 🚨 GMP UPDATE | ₹150 SHARE? | ANCHOR BOOK

StockMarket Funda • 5 days ago

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What This Video Is About

The video provides an overview of two upcoming IPOs, BLS Polymers and SFC Environment Technologies, including their business operations, financial performance, and IPO details.

Major Ideas Discussed

  • BLS Polymers manufactures polymers used in wires and cables, with a manufacturing facility in Goa and exports to several countries, and its IPO is scheduled from 27th to 29th October with an issue size of 255 crores.
  • SFC Environment Technologies designs, manufactures, and commissions water waste treatment plants, with its IPO details including an issue size of 150 crores and a price band of 330.
  • Both companies have attractive valuations, with BLS Polymers having a P/E ratio of 30 and SFC Environment Technologies having a P/E ratio of 19-20.
  • The video also discusses the application strategy for these IPOs using the Zerodha platform, including opening a Demat account, filling in the application form, and submitting the application.
  • Important points to remember include applying on the second or third day of the IPO for better chances of allotment, applying through a female account to increase chances of allotment, and being cautious when applying for IPOs in a weak market.

What to Watch Next

Investors should monitor the performance of these companies, the overall market conditions, and the IPO market trends to make informed decisions about applying for these IPOs.