Advanced Enzyme Technologies Ltd IPO Message Board (Page 45)

Key Financials
Y/E March (` cr) FY2013 FY2014 FY2015 FY2016
Net Sales 220 240 223 294
% chg 28.4 8.7 (6.8) 31.7
Adj. Net Profit 49 74 50 79
% chg 47.4 50.7 (32.2) 56.4
EPS (`) 22.5 33.9 23.0 36.0
EBITDA Margin (%) 40.6 43.3 40.7 47.1
P/E (x) 39.8 26.4 38.9 24.9
RoE (%) 38.1 45.1 26.7 32.1
RoCE (%) 27.9 34.7 28.9 38.1
P/BV (x) 11.8 11.5 9.1 6.9
EV/Sales (x) 9.2 8.3 8.8 6.5
EV/EBITDA (x) 22.7 19.3 21.5 13.8

Can you plz sent a link for this


Ty

http://www.indianotes.com/Investment-Idea/Advanced-Enzyme-Technologies-IPO-Subscribe-on-attractive-valuations/202857/259/IO

if kadwa sach don''t want to apply it is his or her own wish but don''t insult other members dear be a gentlemen

I am saying lot off time please admin block kadwa sach I''d......

Mr Rathi has announced
Qualified Retail Placement QRP to Chittorgarh forum members.
All members are requested to reach Enzyme regd office tomorrow 10 am .

all best friends ignore kadva such.........I thik over smart
.....

What about Edelweiss NCD status?

hi

Advance apply extra L&t loss hui

APPLY APPLY BT ALLOTMENT IS TOUGH BEST OF LUCK TO ALL

For last few days lot of absurd discussions is seen on the forum by calling personal names other then member user id

Like CA Saheb ,
dummkopf

Shall request to refrain such words to avoid any unpleasant situation

Invest in sovereign gold bond , opened today.

It''s better investment than enzymes ipo

Bhai tu kahi Jake suicide kyun nhi karta??...kyun paka rha yaha...itna accha forum kyun bigad rha

After you . Kyunki yahan sab kachhe hai isliye paka raha hu...
Tu toh over cooked ho gya hai it seems.
Ha ha

Latest gmp from confidential source in BRLMs

Lt info. (-)70 Rs
Enzymes (-) 120 Rs

it seems you have more information than most IPO participants . Since when BRLMs started dabbling in GMP. Majority had different view and all have to change that view . Good work keep it up . .

Egleeyeji and Septa Sir, we always learn from you and also got useful information from your end. Now a day some person mislead by false representations and add obstacle in our valuable forum. Let them do their worst.How ever please don''t stop to post comment.
and come back.

As a mark of respect for exit of some experts from forum , I appeal to all investor to don''t apply in IPO for next 6 months.

:)))))

fwd RBL Bank IPO
Issue Opens 1st August 2016
Issue Closes 3rd August 2016
Price Band:-210-225
Lot Size 65 Shares & Multiple thereof 
Issue Size 712 Cr.

Dear Aman,
Then it will be oversubscribed at least 5 to 6 times application wise if reviews and GMP are good. What do you say ?

Ashok sir,

It is a fast growing bank , established by son of deepak parekh (HDFC bank).

No existing investor wants to loose their grip on RBL bank being so much untapped potential in the bank.
They are one of the best tech savvy bank, even better than HDFC , kotak, yes bank due to lot of innovative products and long standing vision of citi bank return CMD V. Ahuja ji.

As per mandatory RBI requirement, all private sector banks are required to get listed on Indian stock exchange otherwise their licences may be cancelled.

This is prime reason for listing of RBL bank, otherwise they are already getting funds from their existing investors.

Earlier they planned for 1100 crores IPO but due to pre IPO funding of 500 crores, I think their issue size may get reduced to that extent.

GMPs
Advance 387-395
Application 525-575

L&T 17.5-19 Buyer

RBL bank first week August

arjun patel keep posting, your GMP prices are always correct and close to reality.

Thank you arjun for posting GMP. keep posting GMP regularly.Thanks in advance.

Septa sir, under 80C

:-))

Thanks septa sir n all

Take away from Analyst meet of AETL for benefit of Chittorgarh members

Novozymes is trading at 35 x of 2017-18 numbers. AETL offered its shares at 25X of 2015-16 profits! Its profit growth last year was 57%! Same or higher growth can be expected in current year. Conservatively As per estimates AETL’s current year can be Q1 at Rs 24 Crores, Q2 at Rs 26 Crores, Q3 at Rs 28 Crores & Q4 at Rs 30 Crores. Thus minimum 2016-17 profit will be Rs 108 - Rs 110 Crores. Thus fair valuation can be 35 x 110 = Rs 3850 Crores!

Novozymes is trading at Running EBIDTA multiple of 22X. AETL’s 2015-16 EBIDTA was Rs 138 Crores. Current year can be Rs 190 to Rs 200 Crores. Even value using past FY number 138 x 22 = Rs 3036 Crores!

Company’s growth rates & profit margins are superior to Novozymes. Only its size is much smaller. But on all financial numbers, we are much better!

*What we like*:

âš—Highly Focused in Human and Animal nutrition
âš—Unique Play on value migration to shifting food habits from junk to healthy.
âš—Well positioned to cater to larger foreign demand based on human nutrition.
âš—Experienced Promoters, family has long lineage of enzyme manufacturing, Professionally run family business
âš—Stable cash flows though slightly stretched working capital.
âš—Mr. Vasant Laxminarayan Rathi, a well renowned enzymologist is the promoter

*What we don''t like*
âš—Growth rates have been timid and capacity utilizations are low.
âš—Overall market potential is growing a steady pace but cannot grow multifold
âš—Excessive family control in such complex business could be a deterrent.
âš—Track record has been good, but less clarity on growth visibility.


Further being the only one company in enzyme space, the stock will attract scarcity premium, opined seasoned analysts.

BUT ITS FUTURE EARNING ESTIMATES WHICH MAY OR MAY NOT HAPPEN BASED ON CURRENT EARNINGS MAX PRICE MAY BE 1200 ONLY

Thanks davda sir for sharing your views.

It increases my confidence in applying this issue.

Bank of baroda allowed asba on line application up to 3 P.M.

But unblocking takes extra 2 days

Which bank allows IPO ASBA facility through netbanking till maximum time? I know SBI allows up to 2 PM. Is there any bank which allows upto 4 or 5PM?