Bajaj Corp Limited IPO Message Board (Page 27)

Premium has shot up to 125 rs in BajaJ Corp IPO with no sellers even at this rate.pREMIUM FOR sks IS NOW 80-85 & eil RS 1-2
It seems that with capacity doubling in current year .

As the 100% tax benefits was applicable onlf the production got started by march 31 2010 & ample demand for their monopolistic product in light oil category EPS can easliy touch 40 rs in March 11.

Bajaj Corp enjoys highest EBIDTA margin which are next only to ITC ,healthy cash flows & premium PE ratio 25-30 IMPLIES A PRICE OF 1000-1200.

tHANKS ARE DUE TO sREEDHAR & gem ipo FOR DISCOVERING THIS GEM SO EARLY.

PLEASE GIVE RESULTS OF 30/9/2010 OF ALL IPO.
PLEASE GIVE COMPLETE FINANCIAL DETAILS-BALANCESHEET AND PROFIT AND LOSS FOR 5 YEARS.

total avoide

Good IPO
Heavy oversubcribtion expected as small issue size

@22 vikas
Market Price can not be a base to compare two companies
Rather take market cap if u want to compare

ravi bangalore,

thx
noted all.
tc
mary..//

FORM RATE RS.3000/- in P.M. as on 28/07/2010... and EIL Rs.1/- Premium.....

25. K.K.Natarajan

For swing trading (safer & reliable vis-a-vis intra-day trading), history of minimum five days required. Data insuficient to provide any opinion.

MARICO IS SOMEWHAT SIMILAR TO B.CORP BUT MUCH MORE DIVERSIFIED

MARICO is engaged in the business of manufacture and
marketing of branded personal care products, edible oils, fabric care products and processed foods.The Company's products are sold under the brand names Parachute, Saffola, Sweekar, Marico's Hair & Care, Revive, mediker and Sil etc.

it has much wider product portfolio than bajaj corp.

marico trades at 33 times fy 10 eps of 3.84 and 26 times fy '11 eps of 5 eps. whereas b. corp at 660 trades at 24 times fy '10 eps of 28, if the fy '11 eps comes to 35 and trades at 22 pe price should reach 750.

what type of game is going in aster. what to do

Sreedhar, Ravi, Bangalore,
What is opinion on Emami infrastructure which got demerged and listed yesterday? It slided wildly from 290 to 88 and setttled around 100.

Dear Sreedhar,
I am still holding EIL and will sell as per your advice. Is Bajaj Corp's EPS 33.5 or 28.44 as you have mentioned? If 33.5 is correct, then it is coming at a PE of 19.6, while the peers in the FMCG sector are trading at a PE of around 30. But this is a small issue and the chance of getting more shares is poor. Anyhow a good issue and a must apply.

Hey Setu,
I agree in toto with you.
I feel that when all distrbution chains like Insurance cos, retail co wiilbe its clients then this co will be next educomp.
2ndly how many of us are really long term investors as far as IPO's concern, most of us (around 90%) will take their profit max by year end.

Bajaj corp ltd compaired with fmcg like Dabur whose current price is Rs 200 cum bonous 1:1, share of Re 1 so Dabur bigger company whose price will be Rs 500 as (Face value Rs 5)compaired to Rs630-660 band of Bajaj corp ltd.

Dear all,

Going by Predicted Over Subscription No + IPO Size + Listing Gains over issue price( % ), I believe Godrej & SKS may give similar kind of absolute return.

EIL is notch ahead in term of Absolute Gain compared to Godrej & SKS due to reasonable Valuation + High Growth + Low Retail Oversubscription.

Regards,
Vishal

Good IPO,
Pricing looks cheaper
Investors will definately earn more than other 2 in this IPO

yeh shishir bajaj apne forfather ka naam ko bajaj group ko cash karo raha hai aaj
FMCG sector main stocks like HUL jaise ke pass many product ke bad share 250/= par dhakke kha raha hai
In bhai ko ek tel ki shishi ka product hai or high price band par share de raha hai
JO NAAM PE RAKHEGA WO MAREGA

16. Vishal

It may have high cash-flow, not capital intensive industry. Please check prospectus. My personal opinion is no need to see book value for this company.

Why it is offering much lower P/E than peers? Your home-work is important.

15. mary

My pick is SKS 2 applications (High Risk, Low Return)
Bajaj 2 applications (Provisional)
EIL 1 application (Moderate Risk, Low Return)

Friends,

I m little uncomfortable with P/BV of Bajaj Corp

ravi bangalore,

EIL
SKS
Bajaj

what are your prferences plz?
thx
mary
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