Alkali Metals Limited IPO Message Board (Page 2)

surely will list in discount...

fully subscription - no chance

Smart people promote companies, come out with IPOs, run away with peoples money and build big bungalows. I do not know what adjective to use for those who apply for IPOs (like Chemcel, 20Microns ....). More than 90% of IPOs during last 2-year are now below issue price. This is massive wealth destruction. It seems Finance Ministry and SEBI are fast asleep. There is hardly any investor protection !

bull says right

"Dont be afraid from market, market will boom within days and the stocks wud recover very fast. Buy RNRL @ 52 with a target price of 85.50, Buy Sesa Goa @ 85 with a target price of 120, buy opto circuit whenever market opens with gapdown, it will surely give you big returns in intraday. I have earned about 750k on this such bad market that also on long positions in intraday."

tum logon ko itni baar samjaya hai ki in logon ko paisa dena band kar do dekh liya aapne gamm infra, somi, 20 microns
ismein se bhi nahi samjhe to phir aap jano aapka paisa jaane
sala hum log itni mehnat se paisa kamate hain kin logon ki capital ke liye aur ye sale hamari capital ki waat lagate hain
low listing karke ek din in logon ko bhai paisa na mile to achha hai kyunki in longon ko bhi to malum pade ki paisa milna aur gavana kitna aasaan hai ya kitna mushkil.

can anyone tell me about alkali metal ipo is this ipo is good or not in this decline market so plz tell anyone

the fair price of this share is 75/-rs.dont apply in this ipo.it will be available at below 75 after listing.

ALKALI METALS:The issue price of Rs.90-105,the stock is being offered at 8.46xFY08 and 15.06xFY09E earnings.The PE value of the public issue is more than industry PE(6.70) which means the stock is above its valuation.Company revenues and earnings are estimated to grow at a CAGR of 16% and 8% respectively over the financial period from 2005-2009.Low growth rate of earnings and down trend profitability will bring unsystamatic risk to the stock performance.

Alkali metals cost of capital is high comparitively its operating inocme.And the financial performance is also poor.CAGR of company topleine is 16% but bottomline is only 8%.

Alkali Metals to hit bourses for financing its 3rd plant
by Business Line

Hyderabad, Oct. 6 Alkali Metals Ltd is entering capital market with offer of 25,50,000 equity shares of Rs 10 each at a price band of Rs 90-105 to part fund the setting up of a new manufacturing base in Jawaharal Nehru Pharma City at Parwada near Vizag.

The company proposes to utilise the issue proceeds to finance their expansion plan that envisages setting up of an Active Pharmaceutical Ingredients (API) plant in the Pharma City.

Being developed by Andhra Pradesh Industrial Infrastructure Corporation in a joint venture with Ramky Group, the Pharma City is located about 25 km from Vizag.

The public offer of about 25.04 per cent of the company equity opens on Tuesday (October 7). The issue is managed by Saffron Capital and Chartered Capital and the equity shares will be listed on the BSE and NSE.

The company has two manufacturing facilities located near Hyderabad and had recently enhanced the manufacturing capacities are now at 3,450 tonnes/year and 4,400 tonnes/year respectively.

The Managing Director of Alkali metals, Mr Y.S.R. Venkata Rao, said the company has acquired about 16 acres of land in the Pharma City and is now in the process of taking up construction of third manufacturing unit.

Addressing a press conference ahead of the issue, Mr Rao said the company has developed over 200 products in the dedicated R&D facility, which is recognised by the Ministry of Science and Technology.

Last fiscal, the company closed with revenues of Rs 62 crore and profit of Rs 9 crore.

The company sees opportunities to serve as a contract manufacturer.

It already supplies for Archimica, Nihon Siberhegner, Dr. Reddy’s, Rallis, Aarti Drugs among others.

Please Note Down we are in the last phase of the corrective market........we may see 10300 levels in coming days......but this is the time to buy with a long term view 3 to 4 years for 40000 index......so please don't sell your investemnt at thrown away price......and buy at every decline.....we are near to 50% retracement from 21200 and histroy says it retraced between 50 to 60%......so we are 10 to 15% away from the bottom & just think of upside....it's......40000

This company has poor fundamental. no growth in topline and bottomline in last 3 years. dont waste your money by investing in this IPO.

WAIT FOR 20 MICRON LISTING

can anyone tell me, what should we look in company profile before investing in ipo or equities.

Alkali Metals Limited ipo is very good ipo. I m sure that It will be list with 20% premium.

Can anyone tell me, How is this IPO to invest, considering current market situations?