20 Microns Limited IPO Message Board (Page 8)

at 2.12 pm subscribed 1.65 times. Retail is already 2.77 times. subscribe for listing gain. operators have entered

At 1 pm overall subscription 1.27 times, in retail ?

DEFINATELY MORE THN 10 TIMES

Do any one knows, when is the listing date for 20 microns?

Very expensive! It will definitely make the investors poorer as it is very costly and the company is fundamentally not a good one.
DONT APPLY!

lets try this one.
I THINK CO. HAS BEEN GROWING AND WILL GIVE BENEIFT IF NOT NOW
THAN IN LONG TERM..

fully subscired in retail section....
Insututin buyers still to subscribe...
will gve good resutls if instutional buyers is also subscirbed fullly...would depned on the market scenerio when it lists..

Any idea of grey market premium with anyone???

Kitana time over time subscribe hoga yeh....

Any Guess..

Prakash IPO... Any Commenets...

dear boarders

I was flooded with calls from my well wishers and to all my dear friends please note that my assumptions stands accurate i.e. 1. this is not a fundamentally good company as it is very small one and charging hefty premium for its issue 2. the issue will evoke very good response in public issue portion and in Non institutioal portion because of good "Satta" link (Ahmedabad link, Rajkot also).3. It will list very handsomely irrespectly of market condition because these type of issue do not need market condition to list at premium even during doom days it will command hefty premium in grey market, sites are quoting only 8 to 9 rs. premium but i know people from rajkot they are buying it around 20 or so so dear boarders apply but keeping in mind that allotment will be tough and no real gain (just a few thousand of Ruppes for One lac application)

PINC Research has come out with a research report on 20 Microns' IPO. It has recommended investors to subscribe the issue.

20 Microns has opened for subscription with its initial public offering (IPO) of 4.4 million equity shares of Rs 10 each. The issue will close on September 11, 2008. The price band is fixed between Rs 50 to Rs 55 per equity share.

PINC Research's report on 20 Microns' IPO:

The company does not have any competition in the organized sector. Going forward, the capability to produce smaller sized particles will further enhance the company's market share.

Captive mines offer a distinct advantage in terms of cost effectiveness and steady raw material supply and will also enable the company to produce very consistent quality products.

Strong distribution network across the country enables the company to distribute its products in almost every part of India.

Multiple products enable the company to be a ‘ One Stop Shop’ for manufacturers from several industries.


Valuation:-

By virtue of its presence across the entire spectrum from mining to multi-micronized products, 20ML has no peers in India. It has exhibited good performance over the last 3 years with CAGR of 17% in revenues and 37% in net profits. The company has been a pioneer in all its products in India and with the planned introduction of nano sized particles; it is set to create new markets for the same. Even in the present size range of micron and sub micron size, 20ML has a distinct advantage by virtue of its captive mines, multiple products and distribution network. It is all set to capture a greater market share and grow in the existing markets. Going forward, this would serve as a catalyst for earnings growth. At the upper end of the price band Rs55, 20ML trades at a P/E of 17.2x and EV/ EBITDA of 52.5x of FY08 numbers. We are positive on the long term prospects of 20ML and hence recommend a ‘ SUBSCRIBE’

Src: MoneyControl

Nirmal Bang has come out with a research report on 20 Microns' IPO. It has recommended investors to ignore the issue.

20 Microns has opened for subscription with its initial public offering (IPO) of 41,33,100 equity shares of Rs 10 each. The issue will close on September 11, 2008. The price band is fixed between Rs 50 to Rs 55 per equity share.

Nirmal Bang's report on 20 Microns' IPO:

On the basis of PE multiple 20 Microns is 16.9x on upper band & 15.4x on lower band, very expensive as compared to the Industry PE which is less than 10x. The P/BV of 20 Microns is 2.43 on the upper band & 2.21 on the lower band which is comparable to Facor Alloys and is less than English India Clay but is more than Cubex Tubings & Gulshan Sugar & Chemicals. Thus, we believe that the Company is costly as compared to its peers.

Src: Moneycontrol

prakash ipo kya hua aj kal apke comment nahi aa rahe
wat about your views about 20 micron
is it worth to apply in this ipo
grey premium?

This is a very poor Issue. Totally avoidable!

hai friends,

my views regarding this issue is not very encourging, please note that one thing all borders mises while eleborating details is that this is a very small company and very small issue, after a long time this issue will get subscribed heavily in Non Institutional portion as well as Public Portion, this time again u will see heavy subscription in Public Portion, Only satta is going to happen in this small issue, No great fundamental, only and only Satta, if U wanna play then apply full, U might be lucky to get allotment of 100 shares and might well sell your share at 75 to 80 thereby gaining around 2500/- on an application of 99000/-. Dear friends apply only when U have surplus fund otherwise no great return in this issue, just pass it and wait for good issue likely to announce soon...............

20 Micron is expected to list at 70-75 as ber Baroda based operators and settle around 60. Aplly for listing gains.

How is Chittorgarh Users IPO Ratings done ?

Hi Experts

what is the grey market premium of 20 Microns and what is the probablity of Subscription Levels in Retail

I THINK ONE SHOULD SUBSCRIBE TO THIS ISSUE, IN MY OPINION THIS IS A COMPLETELY DIFFERENT SECTOR AND WITH VIRTUALLY NO OTHER CO. IN THIS SECTOR ONE SHOLD DEFINETLY SEE A GOOD AMOUNT OF APPRECIATION.

Can we apply for this IPO? Will it give a good Return? Do Provide Some comments because only 0.21 times it is subscribed on the first day.