Apex Frozen Foods Ltd IPO Message Board (Page 26)

Bharat Road seems loss making company.

BOT companies generally do not provide any value addition to the share holder due to capital intensive business & politically interference. Bharat road is also falls in same category but it is too early to comment on the issue. Let us wait for price band.

GMP 38-40 KOSTAK-650-700

I want to sell 9 application
Pls tell me your contact details

how many expected from this ipo

EXPECTED SURCICPTIONS QIB-38X HNI 130Z RII 5X

Septa sir
Where why you leave this forum?
Please come If possible Because we confuse apply or avoid?

@Ankur Goell,
Its breaking news on Cnbc and zee business at today evening about Bharat Road Ipo with date. price band was not there.

Then I will request forum moderator to add page for Bharat road network. Admin please add the link.

BHARAT ROAD IPO WILL OPEN ON 06 SEPTEMBER AND WILL CLOSE ON 08 SEPTEMBER. BE READY.

Are dates finalised for Bharat roads? Please share the link if available?

If you want to listen to SP Tulsian''s predictions, please look back at his track records on his IPO analysis for CDSL, ERIS, AU, Sheela Foam, and so many other predictions. You have to take these analyst recommendations with a pinch of salt. As the statistics goes - the analysts are right 50% of the times. That''s the probability with which a coin toss comes. You can do that too. So, stop taking everything an analyst says seriously and do your research. Don''t go in blindly.

The company''s upper figure and lower figure - revenue and profits post tax have increased at a constant and steady rate. The market is favoring the ipo. If you''re looking for listing gains, this ipo can give you anywhere from 5-20% realistically on listing. If you want to stay for long term, do more analysis in the secondary market and add more or sell according to your decision. Stop listening to all these big so called market analysts, coz the entire industry is twisted. If you want to know how the entire analyst industry and trading industry works, watch Anton Kreil''s videos on youtube.

These guys always hedge their positions. Retail traders like us don''t trade/invest as intelligently as professionals do. So, please do your own analysis and don''t take everyone''s words blindly, even if they have a successful track record, even if it is EagleEye. Do your research.

I will never forget his prediction on Sheela Foam

suno sabko karo apne man ki. I bought suzlon energy long back based on his advice and I was lucky that I did not buy more quanity or i could have gone bankrupt.

Anyone know what is circuit filter percentage

Thanks vaibhavjain ji

5 %

I APPLIED 15....best... Luck... Bro......

I THINK THIS IPO WILL BE CANCELLED LIKE GREEN SIGNAL BIOPHARMA BCOZ QIB CRITERIA NOT FULFILLED

Saket kuch pata nahi ho toh muh mat Khola karo yar..

Ok , I WONT SAY ANYTHING JST WAIT FOR DAY-3 SUBSCRIPTION .

GMP OF APEX IS 25-30 IN CHANDIGARH.

Bharat Road IPO on 6-8 September. Let''s wait for valuations.

To all IPO advantage takers, this ipo will definitely going to give you a promising returns as listing benefit or even in long run.
Just have a look at P/E of the company in comparison to P/E of the industry, moreover the company is raising funds for its business expansion as the company is getting higher number of orders from its present clients and also from prospective ones, so the profitability and turnover of the company is definitely going to grow.
In short go for IPO if u are a one to get allotment of it.

ICICI ASBA not available for IPO application as of this moment..:(
How will I apply for IPO ..I have zerodha demat linked with ICICI bank.

IN ICICI DIRECT ITS AVAILABLE .....TODAY I''VE SUBMITTED IN 4 ACCOUNT

But u must have account with that bank. SBI/Yes/HDFC are other bank for asba service.

Remuneration of top management is 4.9 crore ( reduced from 6.5 crore of previous year ) is it not too high for PAT of 25crore ?
Reduction in remuneration in the IPO listing year gives any indication about quality of management ?

Thank you all for your valuable inputs.

I have heard so many reviews stating that Avanti Feeds at CMP is available cheaper in comparison to Apex Food and Avanti Feeds is a large company with very good track record and a promising future.

If this is true, then I don''t understand why one should apply in Apex and rather not buy Avanti?

Can anyone clear this doubt? Thanks in advance!

@ KRB

Yes , you are right.
s.p Tulsian had given avoid call in AU which listed at almost 50 % premium , also in salasar which listed at record breaking 150 % premium.After that I blocked all his notifications. I think he is no more in the mood of offering any kind of FREE SEVA . In its secondary market opinion also we can see such type of analysis.

Let''s pray employee quota remain undersubscribed after 24 hours also , so we can take the benefit of its unsubscribed portion otherwise I''m seeing this IPO also slipping from our hands.Tomorrow I think RII will easily cross 7x-8x. Yesterday due to PSU bank strike , all subscribtion figures were only of online and of private banks . Today all PSU bank counters were busy for those who apply through physical forms only...Good Luck for allotment...

Comparing with Avanti is not fare at all. Avanti Feeds is different level category. Only the extraordinary management people can give results like it.

But It is far better than other peers (Waterbase and Zeal Aqua). Its very good for long term

Wonder why is GOUR so Sour on this IPO? Chill man

NP as per Financial

FY 2015-16 -- 19.26/608.27 = 3.17
FY 2016-17 -- 24.41/709.68 = 3.44

Need to keep in mind this point,

FY 2015-16 Net Pfofit = Rs. 19.26 Cr.(includes Rs. 4.63 cr other income) Profit from business -- 19.26-4.63 = 14.63

FY 2016-17 Net Profit = Rs.24.41Cr (Includes Rs. 10.36Cr ohter income from foreign exchange fluctuations) Frofit from business -- 24.41-10.36 = 14.05


NP Based on Business profits only
FY 2015-16 14.63/608.27 = 2.41%
FY 2016-17 14.05/709.68 = 1.98%

It means there is no growth from business income, increase in profit margin is due to other income only.
Foreign exchange fluctuation income may or may not sustainable in future.