Apex Frozen Foods Ltd IPO Message Board (Page 32)

This message has been removed by a moderator.

Apex must be compare with 1992 IPO of coromanfal aqua with same features of apex but coromandal liquidated after some time because of fish dieses. Please beware of repeate of history. Coromandal aque from region.

Hi Friends,

I am new to this site, wanted to put some info about apex ipo.

I have compared it with Avanti Foods,
As per exiting market cap avanti produce 45MTPA per 1 cr market cap and at 175 apex will produce 22 MTPA per 1 cr market cap at exiting level and 58 MTPA per 1 cr market cap after 3-5 year after (because ipo is for plant) hence price should be 228 after three years and discount it at 7%. It will come aprox 205-207.

Growth in the revenue is due to INR/USD rate change sale in terms of usd is almost same for last three years.

I think we should check subscription numbers till last date if subscription from QIB is more than 35 time till will give moderate returns.

Don''t go only on retain subscription number as most of the retail share will come for sale on day one.

Those who did not get the allotment they will not buy because they were interested in listing gain only.

Apply after looking on subscription number.

Please comment if information is helpful or in case I need improvement.

Thanks

Reliance Nippon assest management files for ipo. Eyes for 18000 crore valuation. Ipo size is about 1800 crore.

http://m.economictimes.com/markets/ipos/fpos/rel-nippon-life-amc-files-ipo-papers-eyes-rs-18000-crore-valuation/articleshow/60121818.cms?utm_source=facebook.com&utm_medium=referral&utm_campaign=ETFBMKTS

Anil Ambani group is not investor friendly. It is better to stay away.

Agree uchit ji, but we should wait for it''s valuation and price band then we should comment.

Don''t Invest in it. Comp is progressing but through this ipo planning to open new firm. That is not giving surety of profit. So better to ignore

were Is Septa Sir ?? Please guide for APEX Final view Apply or Avoid... Ur view valuable

septa is on leave for 6 months

HDFC Standard Life files DRHP with SEBI for IPO

A simple way of deciding to apply or not to apply is to see the subscription of NII & QIB on the last day at 1.30 pm.
I apply only if at least subscription of QIB is 5 times & NII is 10 times at that time.

No body is expert in the market.

Have you forgotten that Eagleye had subscribed heavily in HNI category in SIS & you know its results now.

Have you forgotten that Septa had subscribed heavily in PCL & you know the script condition today.

You have to decide your own comfort levels with respect to any share.

Don''t forget to keep track of your portfolio & book profits also from time to time.

U r genius and u r absolutely right

@Arup jamshed: I did not apply for Quick Hill, Parag or Sheela. Not applying Sheela was the biggest mistake i made in the IPO spectrum till date. Otherwise not a single share I applied had gone down below offer price.

Simple funda !!!!
If u know about company before ipo then apply otherwise avoid .....

Market is already going down day by day... I dont think so it will open up.
No any gmp in ahd gandhinagar

GMP - How to calculate ?
GMP is on Offer Price ( Gross) or on discounted Price.

E.g In Cochin Shipyard
GMP is on 432 or on 411

On the offer price i.e. 432

ICICI Lombard expects SEBI nod for its IPO in next 2-3 weeks

Dear Friends , we really miss septa sir . sir will return after a long break after completing his assignments . So till then I will keep posting the intrinsic value of the IPO as per DCF model for 6 months till the time sir returns back .

Initial Cash Flow : 240,000,000
N = No. of shares :31,250,000
CAGR : 28 %
''''g'''' Growth Rate :
Years 1-5 : 15 %
Years 6-10 : 10 %
Terminal growth rate : 5 %
Discount Rate : 10 %

.
Year ....Cash ....Growth .........Present
No . .....Flow.........Rate.............Value
.
1 . 276,000,000 .... 15 % .... 250,909,091
2 . 314,640,000 .... 14 % .... 260,033,058
3 . 355,543,200 .... 13 % .... 267,124,869
4 . 398,208,384 .... 12 % .... 271,981,684
5 . 442,011,306 .... 11 % .... 274,454,245
6 . 486,212,437 .... 10 % .... 274,454,245
7 . 529,971,556 .... 9 % .... 271,959,206
8 . 572,369,281 .... 8 % .... 267,014,494
9 . 612,435,130 .... 7 % .... 259,732,280
10.649,181,238 .... 6 % .... 250,287,470
11.681,640,300 .... 5 % ....

PV of future cash flows
1-10 years : 264,79,50,642

Terminal Value : 525,60,36,869

Total PV of FCF : 790,39,87,511

> Intrinsic Value : 253*
At 30 % Safety Margin : 177
> Issue Price : 175*

Percentage difference between TV & IV : 66 %

> Recommendation : Apply

* The Company’s quality control lab strictly adheres to the guidelines, protocols of the US FDA ( Page # 130 ).
* Company''''s revenue generated from USA is more than 60 % , so in future US FDA can be headache like pharma companies if quality control is not as per guideline.

* Apex stands much better than its peers Waterbase and Zeal Aqua but Avanti Feed outperform all the stocks . Recently a week before it posted robust result of June Quarter . Standalone Profit increased from 47 cr. to 142 cr. and consolidated profit increased from 49 cr. to 149 cr. Stock touched 52 week high giving return of more than 4x in a year ...!!!!

Thank You & All the Best...

Sir

Thanks for recommendation for this ipo

Pls guide me for Cochin shipyard ..i got one lot and still hold.
Pls suggest.

Regards

Dear ShareView, thank you for your extra efforts.I am trying to learn DCF model, so it would be veery kind of you if you could help me with following few queries:
1) From B/S which data you use as Initial Cash Flow? (You can take example of Apex)
2) Why normally discount rate is taken as 10%, why not ask for more return
3) What is the significance of "Percentage difference between TV & IV : 66 %"

Some queries might look frivolous but please do reply
thank you

Anyone Know current GMP..?

ye ipo laye ya nhi

Hello Friends,
I will advise you to avoid Apex IPO size is small
Valuation is high.
Promoter are becoming greedy leaving nothing much on table. Business is quite Simple Nothing Unique Hence Market will not give such premium. Growth is muted
Advice to avoid and Wait for Pratap Snaks and Dixon Technology.

Recommend: Better avoid and Add Recent Listed SIS.
I value this company at 140-155 Range

Nasirul

nasirul sir i see ur post after a long long time, waited for since long, try to visit and post ur comments sir, i had been watching this forum last 5 yrs. u r welcome after ayear. thanks ur comments ate jewel to this,

welcome back Nasirul ji.

Apply Or Avoid ?

be careful of these andhra based companies. It may give listing gains . so i think high risk takers can apply and exit.

Heritage foods, amar raja batteris apollo hospital shares are also from andhra people who started the business and every state has like companies with both good and bad

What about Auro pharma, One of the best performers for the last 10 years?? It is also from Andhra.

Great sir remember that any legends or ipo guru not always remembered by just name in long journey but by perfomance like u ,u are not still ipo guru but done a good job ahed of them......common men loves u man
...keep it up.......

This message has been removed by a moderator.

Sir, Please keep giving your valuable inputs on this forum.

Yes moderator seems to be biased and hence removing messages even which are useful but different to his views.

Please provide upcoming IPO list.....

Gold Crude Research and advisory provides best signals in Comex Copper signals, comex signals, US Oil signals, Crude Oil signals, and gold crude research offers accurate signals services.