Hampleton Partners’ Post

Are the makers of commercial #EV in the midst of a rude awaking after the #SPAC hype? Find Hampleton Partners’ thoughts below, what is your take on current developments?

🚨 *Resourceful Automobile IPO: A Surprising Market Sensation!* 🚨 Resourceful Automobile, a Yamaha two-wheeler dealership firm, made waves with its initial public offering (IPO), raising bids of ₹4800 crore despite collecting only ₹12 crore! Priced at ₹117 per share with a lot size of 1200 shares, this SME IPO was oversubscribed 400 times, sparking unexpected excitement in the market. However, the stock made a flat debut on its first day of trading, listed at its issue price. 🏍️ Operating as Sawhney Automobiles, Resourceful Automobile has a small team of 8 employees but an expanding online presence through its website and social media platforms. Over the years, the company has steadily grown its revenue from ₹11.04 crore in FY21 to ₹18.84 crore in FY23. Despite this growth, the company holds loans totaling ₹9.92 crore. With Cameo Corporate Services as its IPO registrar and Swastika Investmart Ltd as the book-running lead manager, Resourceful Automobile’s IPO has become one of the most talked-about in the SME space. This post by Anushka Rupani succinctly explains the case. #IPO #ResourcefulAutomobile #StockMarketNews #Yamaha #SMEIPO #Investing #MarketBuzz #AutomobileIndustry

Here is my take on the top three developments in the Indian auto market for the week ended October 18, 2024: 1. Buy a Creta or Bet on Hyundai? The IPO Dilemma! 2. Vehicle Retail Sales: The Downhill Drive 3. Facelifts, New Editions, and Safety Ratings So, there you have it! Whether it's IPOs, vehicle sales, or new editions, the automotive world is always buzzing with activity. Stay tuned for more updates! #AutomotiveIndustry #Facelift #NewEditions #VehicleSafety #BNCAP #MarketTrends #IPO

🚀 Forge Auto International Ltd. IPO: A Strong Opportunity with Promising Growth! 🔧 📈 Forge Auto International is all set to list on the NSE Emerge after opening its IPO from September 26-30, 2024. The IPO offers 2.88 million shares at a price range of ₹102-₹108 per share, targeting to raise ₹31.10 crores. ⚙️ Key Financials: Revenue Growth: ₹109.52 Cr (FY 2021) → ₹180.12 Cr (FY 2024), with a strong 27% CAGR. Net Income: ₹6.69 Cr in FY 2024, a jump from ₹4.96 Cr in FY 2023. EPS: Improved from ₹4.04 (FY 2022) to ₹10.21 (FY 2024). 🌍 Future Plans: Expanding into non-auto sectors like agriculture and hydraulics. Strengthening global exports to countries such as France, Germany, and the USA. Enhancing its production capacity to 20,000 MT for forging and 25 lakh units for machining. 💡 With strong financial performance, global market penetration, and expansion plans, this IPO looks promising for investors seeking growth in the engineering and automotive sectors. 💼 IPO Details: Lot Size: 1200 shares Listing Date: October 4, 2024 GMP: ₹0 as of now, indicating fair value. Invest smart, invest early! 💪 #IPO #InvestmentOpportunity #ForgeAuto #StockMarket #AutoIndustry #Manufacturing #FinancialGrowth

Canceling the Ampere IPO was seemingly a prudent move by Renault. The investment market has been soft and EV startup share values have been flagging for some time, especially those that listed through SPAC. Most of those are down 80-99% since IPO and peak. Now Ampere can focus on strategy, brand, and product and not be distracted by the quarterly reporting and other necessities of being a listed company. #renault #ampere #france #ipo #listedcompanies #listing #shares #spinoff #spinoffs #automotive #automotivemanufacturing #shareprice #carindustry #automotiveindustry #bourse #stockexchange #stockexchanges #spac

Finhaven Capital, Chaperoned by Pickwick, Advises Car Tech on Merger Agreement with SPAC SEOUL, South Korea and OPELIKA, Ala. and NEW YORK, Feb. 21, 2024 /PRNewswire/ - Car Tech, LLC ("Car Tech"), a U.S. stamped auto-body parts manufacturer and subsidiary of leading Korean supplier, Shinyoung Co., Ltd., and AltEnergy Acquisition Corp. (NASDAQ: AEAE) ("AltEnergy"), a special purpose acquisition company, announced today that they have entered into a definitive business combination agreement that would result in Car Tech becoming a publicly traded company on the NASDAQ Capital Market. The transaction aims to expand Car Tech's U.S. manufacturing operations with an emphasis on its growing EV battery-related body parts business. Read more: https://lnkd.in/dQwZa8gw

Did Embracer purchase Gearbox for 1.3 billion only to sell them off for 460 million? Not exactly. Embracer did not purchase Gearbox for 1.3 billion. That was only if they met expectations within 6 years. The day one purchase was 363 million, of which 175 million in shares. This very well be may a good outcome and deal for Embracer. I wonder if we will see more of this type of transactions occur in the near future. Reminder: Take Two purchased Zynga 2 years ago for 12 billion USD, & now $460 million for Gearbox. Takeaway: Plenty of options to raise or loan money for acquisitions.

Resourceful Automobile’s SME IPO Oversubscribed 400 Times: What's Driving Investor Mania? 📈 Resourceful Automobile, a modest Yamaha dealership with just two showrooms and eight employees, has stunned the market by raising ₹4,760 crore through its SME IPO—oversubscribed over 418 times. The company initially aimed to raise ₹12 crore, but the overwhelming investor response has everyone talking. Behind the Hype: 🔸 Small Scale, Big Response: Operating out of two Yamaha bike showrooms in Dwarka and Palam, Delhi, Resourceful Automobile reported a revenue of ₹17.23 crore and a profit of ₹1.52 crore in the last financial year. Despite modest financials and just eight employees, the company attracted bids worth ₹4,760 crore, making it one of the most oversubscribed SME IPOs in recent history.] 🔸 Investor Sentiment & Market Buzz: The grey market premium suggests potential gains of 73%, adding to investor excitement. However, the company’s fundamentals—such as high debt levels and a history of inconsistent earnings—raise concerns about the sustainability of these valuations. 🔸 High Risk, High Reward? Analysts have cautioned against investing due to the competitive nature of the two-wheeler market and the company’s financial instability. Despite the warnings, retail investors are diving in, driven by the potential of quick returns. 🔸 The Bigger Picture: This IPO frenzy highlights the risks and rewards associated with SME stocks. It serves as a reminder for investors to conduct thorough due diligence and not get swayed by hype or speculative buzz. What do you think—boom or bubble? Share your thoughts! #SMEIPO #InvestmentTrends #HighRiskHighReward #MarketBuzz #ResourcefulAutomobile

Volkswagen faces stagnant profits in 2024 amid economic uncertainty and electric car challenges. Despite competitive vehicles, VW's weak profitability reflects its politically influenced ownership structure, deterring some investors. Financially, VW's 2023 operating profit margin decreased, with projections indicating slower sales growth. The company struggles in the electric vehicle market, failing to meet initial promises amid fierce competition. Analysts express doubts about VW's profitability targets, highlighting concerns like meeting EU regulations and heavy reliance on high-priced models. While shares seem cheap, uncertainties cloud VW's future path, prompting caution among investors. #Volkswagen #AutomotiveIndustry #ElectricVehicles #Investment #BusinessChallenges

Know the details before investing in Popular Vehicles & Services IPO #Details #investing #IPO #Popular #Services #Vehicles