Apollo Micro Systems Limited IPO Message Board (Page 66)

Any thoughts why only 4 anchor investor were allotted?

Another Ipo Coming

ASTER DM HEALTHCARE IPO: OPENS ON:
15 JANAUARY 2018
Short Note about the Company:
Aster DM is one of the largest private healthcare service providers which operate in multiple GCC states based on numbers of hospitals and clinics, according to the Frost & Sullivan Report, and an emerging healthcare player in India. It currently operates in all of the GCC states, which comprise the United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain, in Jordan (which we classify as a GCC state as part of its GCC operations), in India and the Philippines. Its GCC operations are headquartered in Dubai, United Arab Emirates and its Indian operations are headquartered in Kochi, Kerala.
Aster DM operates in multiple segments of the healthcare industry, including hospitals, clinics and retail pharmacies and provide healthcare services to patients across economic segments in several GCC states through its various brands “Aster”, “Medcare” and “Access”.
Key Strengths
It believes that it is well positioned to benefit from favourable trends driving demand in the private healthcare services market in the GCC states and India by virtue of its principal competitive strengths as described below.
1)Long standing presence with strong brand equity
2)Well diversified portfolio of service offerings to leverage multiple market opportunities
3)Provision of high quality healthcare service
4)Ability to attract and retain high quality medical professionals
for more details about this company,see Page-bottom-box

The promoters :
DR. AZAD MOOPEN AND UNION INVESTMENTS PRIVATE LIMITED

Main objects of the issue are:
1. Purchase of medical equipment;
2. Pre-payment of debt; and
3. General corporate purposes
IPO Particulars:

IPO Opens on : 15 January 2018
IPO Closes on : 18 January 2018
Issue Type: Book Built Issue IPO
Issue Size:57,685,166 Equity Shares of INR10 aggregating up to INR 1100 Crore
Fresh Issue of up to 21,614,366 Equity Shares (4) [?] [?]
Offer for Sale of up to 36,070,800 Equity Shares(5) [?] [?]
Face Value: INR 10
Price Band: Per Equity Share
Minimum Order Quantity:
Listing at: NSE,BSE
Shares offered to
Anchors 17,305550 Shares = INR
QIB 11537033 Shares = INR
NII 8652775 Shares = INR
RII 20189808 Shares =
Tentative timeTable:
12 Jan – Anchor List
15th Jan – Offer Opens
18th Jan – Offer Closes
23 Jan – Finalisation of Basis of Allotment
24th Jan – Unblocking of ASBA
25th Jan – Credit to Demat Accounts
26th Jan – Listing on NSE & BSE

@Bhallal Dev as per this website only, it is Karvy.

If karvy then again disappointment :(

Just applied now from yes bank

Mere Demat ac ko Sirf merahi bank ac link hai.... per mai mere demat ac se ipo ke liye apply krte samay mere father ke bank details dunga .... to chalega kya? Plz reply.

You may use anybody''s bank account for applying in IPO through ASBA.
Your bank account registered in your demat account is immaterial as there is no refund.
In ASBA, fund is blocked for application, debited fro allotment and unblocked for non-allotment.

NORMALLY T GROUP SHARES ANCHOR INVESTOR DOESNT PARTICIPATE THE ISSUE. BUT HERE THREE ANCHOR INVESTOR INVESTED IN THIS COMPANY. IT WILL SUBSCRIBE 35 TIMRES RETAIL CATEGORY BY APPLICATION WISE. IT MAY LIST LIKE ASTRON. CLOSE YOUR EYES AND APPLY. ALLOTMENT IS VERY TOUGH.

THERE ARE 3 ANCHOR INVESTOR INVESTED IN THIS COMPANY.
1.NATIONAL WESTMINISTER BANK
2.SUNDARAM MUTUAL FUND
3.JUPITER SOUTH ASIA INVT. COMPANY

@gamble sir please review
Apollo micro systems ipo.

Kindly post Apollo micro system limited valuable review

Gamble sir What is your view on apollo micro systems ipo ?

Dear All,
Any suggestion regarding application of NMDC OFS.......
One should apply or not ...?

Regards

Uchit Patel,

Your help needed for OFS whether to apply.

It''s a MUST APPLY and MUST HOLD FOR LOoOOoOoOoONG term for every RETAIL investor..
I know of a person whose maid servant is going to apply big time, as like most people these days, she too is very bullish about the economy..With a newer announcement every day, ambitions projects being mulled every hour, interest rates being lowered every fortnight, the growth must surpass even the wildest of the bullish imagination...Plus one gets a chance to be a part of the great lest nation building excercise..
So yes!! Go ahead and apply ...but if by chance you miss this opportunity, don''t be upset as you would surely get another in a month or two...

What is the latest GMP?

NMDC OFS:

NMDC has just started rally. This is good only for long term. In short term it will give small return. In March 2018 investors will get dividend around Rs. 5 - 6 (tax free). If investor have 1 year of horizon then return will more than 2 FD.

It is recommended to buy this OFS only if available at Rs. 155 (Before retail discount). Don''t go for higher bidding.

Government is offering shares with floor price of Rs. 153.50. They also offer 5% discount to retail investors.

Tomorrow operators may play big game in OFS. This is small size ofs (750 Crore + 750 Crore) . Operators can play game easily. They will take price high around Rs. 160 in the morning . They are selling in intraday at high price 160 or more. Because of high price small investors are also buying from market at high price. After 2-30 pm as soon as OFS time is close they will take price to lower 154-155. Then they will buy from market and settle their intraday position. Small investors will be tapped with high price in this game.

link intime

link intime

Apply OR Not.

Please help.

For Newgen soft ipo detail click here

/ipo/newgen-software-ipo/791/

Economic Times -view

Apollo Micro Systems, a defence hardware supplier, will raise funds from the primary marketto provide for working capital requirements. The company operates in a high growth sector, given the government''s thrust on indigenous procurement for defence.

However, it has greater dependence on working capital and its demanded valuation is similar to Bharat Electronics (BEL), a much larger company that caters to the defence sector. These factors make the issue less attractive at the current valuation. Investors may want to consider the stock if it is available at cheaper valuation after the listing.

BUSINESS
Apollo Micro Systems is an electronic system and design manufacturing (EDSM) company and supplies hardware used in defence avionics systems, aerospace, missiles, naval systems, satellite space systems and homeland security. India''s EDSM industry is around $100 billion and is expected to reach $228 billion by 2020.

FINANCIALS
The company''s revenue grew by 54 per cent annually in the past five fiscals to reach Rs 211 crore in FY17. Net profit grew 59 per cent annually to Rs 18.6 crore during the period. In the first half of the current fiscal, it reported revenue of Rs 109 crore and Rs 7.1 crore in net profit. Historically, the company earns over 60per cent of total revenue in the second half of the fiscal. The operating margin (EBITDA) was 16-18per cent in the past three years. The average margin of its comparable peers has been 18.6per cent during the period. It had an order book of Rs 97.50 crore in November 2017.


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STRENGTH
The company has a proven track record in developing new technologies and order execution. This has translated into recurring orders. The company invests around 6 per cent of the revenue in research and development.

RISK FACTORS
The business is very working capital intensive as payments are received only after clearing several layers of inspection and clearance. The shortterm liabilities account for more than two-thirds of its debt and interest cost is equal to 5per cent of the total revenues. The company paid on average interest rate of 13per cent in the past three years.

VALUATION
Considering the capital after the IPO, the company demands FY17 price-earnings (P/E) multiple of 30. Bharat Electronics, which is nearly 40 times larger in revenue terms than Apollo Micro, commands a similar P/E. Other peers such as Astra Microwave and Centum Electronics were underperformers in the past year compared with the benchmark Nifty 50. These factors makes Apollo Micro''s IPO look expensive. Investors may wait for its listing.

The order book is very small, not even six months of business.

Amber Enterprise

Final Date -: 17th Jan to 19th Jan

In NMDC OFS, if we bid above the floor price (153), will we get the retail discount, pls clarify.

5 %

Many will bid @ 155 and above i think, to get allotment

NMDC OFS opens tomorrow
floor price 153
5% discount for retailers

Subramanian Swamy talked about the conception of the fiscal numbers and compared them with what he believes to be the reality...Selling stakes in the same firms over and over again along with other incoherent actions only serves as silent affirmation of the same .
Investors are spooked and now believe that these scrips shall always remain undervalued ...These companies have become a cruel joke for the investors...

hahaha @ Cool CS & Anarchist , Nice :)

Newgen Software Technologies Limited IPO update:

Opens on: 16-Jan-2018
Closes On: 18-Jan-2018

Price Band: Rs 240 to Rs 245
Bid Lot: 61 Equity shares

Net Offer Allocation:
QIB: 50%
NIB: 15%
Retail: 35%

What is the point of keep criticising market situation ? Does anyone gain anything out of it? I don''t think so,

At what valuation multiple equity market becomes a bubble is very subjective and it is even more subjective ....at what point this bubble will burst.

I also believe that market has not been rational for quite some time and market performance/behaviour is scary (at least to me) at this stage and extreme caution is suggested.

More relevant discussion at this point should be what should one be doing at higher/current valuations....exit completely and sleep?

I don''t think so.

One doesn''t become a good investor ( I really mean investor not day trader) by following a drastic (sudden) decision making in one direction but by focussing on how to balance risk in different situations and this balancing act is learned by individuals by continuous learning.

I believe best strategy at this stage is to focus on realigning one''s portfolio for long term depending one one''s risk profile.

Invite views from experts, so called experts and non-experts .......

hedge with gold...

Agree.

Gold is thriving due to unexpected depreciation of dollar but with the US economy heating up and talks for more than 3 interest rate increases....Dollar is expected to appreciate which will have negative affect on Gold. Don''t know how safe we can assume the gold to be......