Avon Weighing Systems Limited IPO Message Board (Page 10)

if market is positive on the listing day then samjo kam ho hi gaya .it will list around and can go up to 45-50.

till when we vill receive the refund of Avon can ne on e tell me

The Initial Public Offering (IPO) of Avon Weighing Systems Limited has received overwhelming response from investors with the issue receiving subscription of 45 times, according to the data available. The company came out with an IPO through fixed price at par (Rs 10). Keynote Corporate Services Limited is the Lead Manager for the Issue and [...]

hey guys mere ko ab tak kuch bhi gahr pe nahin aaya,,like prospectus or some kind of feedback just wanted to confirm abt others ke ipo me kya aur kab hoga

Avon Will list around 30.

I THINK AVON MUST BE LISTING AT THE RATE 20.50

I too called today.. Mere ko gol gol jawaab diyaa... ki figures are not out yet for Retail. Basis of allotment will be decided on 27th.. Ajeeb hi hain .. good that somebody got answer that it is 49 times in Retail.

I just called to Avon registered office. The retail portion is subscribed 49 times.

Today is 19th.
Is retail subscription figure out?

fourty five times in all over subscribe

KSK Energy IPO opens on June 23
2008-06-18 14:07:43 Source : moneycontrol.com
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KSK Energy Ventures a Power company having an installed capacity of 144 MW and 9200 MW to be operational by 2014-2015 will enter the capital market with an initial public offering to raise Rs 830-882 crore on June 23, 2008. The price band has been fixed at Rs 240-255. The IPO will close on June 25, 2008.

Lehman Brothers has voting rights and director on board and will have 28.4% stake in company post IPO.

Objectives of issue

Funding Wardha power plant and Dibbin plant.
Repayment of loans.

Power Plants

Arasmeta: A 43 MW coal based power plant in Chhattisgarh.
Sai Regency: A 58 MW natural gas based power plant in Tamil Nadu.
Sitapuram: A 43 MW coal based power plant in Andhra Pradesh.
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Pls call Registrar and confirm retail oversubscription...

Datamatics Financial Services Ltd (Ph: +91-22-66712151

HOW MUCH TIME SUBSCRIBED IN RETAIL

wat will be the allotment ratio , i made 20k application ,so atleast 5:1 to allot hoga??

Jun 09, 2008 01:06 pm
Will not care for your investment

Lotus Eye Care Hospital is entering the capital market on 12th June 08 with a public issue of 1 crore equity shares of Rs.10 each in the band of Rs.38 to Rs.42 per share.



The company presently has four eye care hospitals in South India with 120 beds with 9 operation theatres and 3 lasik laser equipments. The company is into existence since 2002 but its financial performance has been mediocre. Till FY 05, it was making losses with virtually stagnant topline upto FY 06. For FY 07, PAT was at meager Rs.1.29 crores on total income of Rs.7.30 crores. Even for 9 months ending Dec. 07 total income was at Rs.9 crores with PAT of about Rs.1.60 crores.



Inspite of such a mediocre performance, the company has taken up an expansion programme of Rs.55 crores, to set up eye care centres at R. S. Puram, Tirupur, Karur and Salem. However, progress is gong on only at R. S. Puram,, as land has been acquired and construction work is in progress. Land at other three locations are yet to be obtained. These plans are being financed with term loan of Rs.10 crores, internal accruals of Rs.3 crores and IPO proceeds of Rs.42 crores. Strangely, IPO proceeds have been calculated at the upper band of Rs.42. If book gets discovered at the lower end (which is most likely) there would be a shortfall of Rs.4 crores. It would be difficult to even mobilize Rs.3 crores from internal accruals, as present cash flow may just be enough to support present level of activities.



Present equity of the company is at Rs.10.80 crores which would rise to Rs.20.80 crores. This is definitely very high considering its present and proposed level of activity.



Dr. Agrawal Eye a listed stock with similar business is finding it difficult to float. Inspite of a topline of Rs.40 crores, PAT is less than Rs.2 crores on an annualized basis which results in an EPS of about Rs.4 on low equity of Rs.4.50 crores. Share is ruling at Rs.50 which results in a PE multiple of about 12 times. Lotus Eye is quite expensive and shares are being issued at a PE of about 25. New facility would come up only after 1½ to 2 years and hence high equity would always be a problem for the company.



Healthcare sector has not really caught for specialized services and even corporates having presence in General Medical field with full fledged hospitals have not been well received by the investors. Small hospital companies are, ruling at a PE multiple in single digit inspite of they having low equity base.



Fate of this company also would be like those of other small healthcare companies and may not be able to give returns to the investors. Better to remain away from making investment in this IPO as share looks expensive.






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NBC-TV18’s Executive Editor, Udayan Mukherjee – Current IPOs were not expected to begin with some glory because this is an IPO market where the gates have been pretty much shut over the last few weeks and months. We haven’t had any big IPOs. Now when the first nascent signs that the people are trying to open up this market again, the good quality paper is not coming in. So the first few IPOs when the resumption of the market happens, they are not the good quality issuers, which are coming in and doing the IPOs anymore, which is a bit disappointing. If you have got to convey confidence and pull off a couple of good IPOs with good subscription then you need the good quality issuers to come in. Not the cats and dogs to come in and float some issues then try and quickly scalp away some money from the market. That will only erode confidence further because chances of them getting subscribed and listing very well with gains are fairly low.

So I am not surprised that the three which are closing today haven’t got too much by way of subscription. Lotus Eye Care between Rs 38-42 seems like on the expensive side and you can find better value in the listed hospitals universe, the mistake which Wockhardt Hospitals made a few months back. If you look at First Winner, again even at the reduced price band of Rs 115-125, there is no great justification of going out and paying 10-times FY09 earnings to acquire a stock, which is a smallcap in the fabric manufacturing space. At 10-11 PE you can find very good value in this market right now, why go and buy a smallcap IPO that too in a bombed out space like textiles.
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konese lotme kitna milega kuch idea he ?

Sunit,

Valid info . 9 times of retail ?

retail how much?

Retail segment subscribed 9 times.