that put MC of 5000 Cr compare to fortis 7000 MC however fortis has big Path and scan division... so minus Path and Scan of fortis health MC is 3500 and NH is 5000 Cr let see what is topline
Alkem 2.08 times RII at 1 pm Dr lal 2.65 times RII at 1 Pm
161. Mr. Singh| Link| Bookmark|
December 10, 2015 11:39:15 AM
IPO Mentor (700+ Posts, 500+ Likes)
SBI SITE IS WORKING NOW !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
160. Mr. Singh| Link| Bookmark|
December 10, 2015 11:38:45 AM
IPO Mentor (700+ Posts, 500+ Likes)
SBI SITE IS WORKING NOW !!!!!!!!!!!!!!!!!!!!!!!!!!!!! SBI SITE IS WORKING NOW !!!!!!!!!!!!!!!!!!!!!!!!!!!!! SBI SITE IS WORKING NOW !!!!!!!!!!!!!!!!!!!!!!!!!!!!! SBI SITE IS WORKING NOW !!!!!!!!!!!!!!!!!!!!!!!!!!!!! SBI SITE IS WORKING NOW !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Narayan Hrudayalaya will open on 17/12/15 to raise around 500/600 crore
159.1. Septa| Link| Bookmark|
December 10, 2015 11:43:40 AM
(4000+ Posts, 4600+ Likes)
any idea on price band if it 500/600 crore then it valuation is below fortis given that OFS is around 10% stake sale means give a MC of 5000-6000 Cr which IMO will give at least 20% upside compare to Fortis....
158. Carn Mohan| Link| Bookmark|
December 10, 2015 11:20:26 AM
IPO Mentor (1200+ Posts, 400+ Likes)
SBI site is not working in IPO ASBA SBI once again failed.
158.1. Mr. Singh| Link| Bookmark|
December 10, 2015 11:36:26 AM
IPO Mentor (700+ Posts, 500+ Likes)
It just started working.
157. Septa| Link| Bookmark|
December 10, 2015 11:06:28 AM
(4000+ Posts, 4600+ Likes)
Next two issue to hit the market will also be from health care sector. I have been reading red herring it does not look at attractive given the company for this year has made a loss.... even the highest NP in last 5 years is approx 38 Cr from my source they looking for valuation of 7000 crs same as fortis BTW fortis is loss making company apollo hospital has a PE 53. so NH is very expensive if you look at apollo cheap if you look at Fortis.
On size fortis and NH are same number of beds and operation size however NH is a better run given devi shetty heading the show... like all IPO nothing is left on the table bcoz i believe the price band would be around 350 leaving nothing...give a total MC of 7000 Cr same as Fortis
Since not many hospital chain in the market i think it will have good demand from FII and DII.
LIKE another hospital chain HCG which is also a loss making chain will also have the same high valuation however NH is better option then HCG.
Would i apply at the movement it is 50-50 let see the actual price band
I am planning to take 3 lots. Should i make three applications with 1 lot each or a single application with 3 lots? Or it doesn''t matter?. What is the probability of getting the shares?