Bedmutha Industries Ltd IPO Message Board (Page 15)

Hey Gem Ipo Finder, can you please tell where did you get the details about Bedmutha Industries?

As per the DRHP their consolidated EPS for 2009-10 is 10.14 and the P/E ratio is 9.37 and 10.06 at the lower and upper end of price band respectively.

Friends
According to Gaurang Shah, Asst VP, Geojit BNP Paribas Financial Services only Ramky Infra has attracted huge retail response.
ha ha ha

Source: Economic Times
In a chat with ET Now, Gaurang Shah, Asst VP, Geojit BNP Paribas Financial Services, shares his views on the outlook of recent IPOs.

We are witnessing a hot IPO market. Is there any IPO that is still open and you would recommend retail investors?

In this kind of market, there is always a devil playing around with the fresh paper which comes into the market because you do get tempted, and retail investors are the ones who normally gets sucked into this kind of IPO mad rush that we have already seen. Last week was the record week after a very long time that we saw fresh papers hitting in the form of IPOs. But having said that, in the ones that have gone by and closed, the only one that we liked is Ramky Infra. The kind of business model that they have - water treatment, waste management infrastructure - it is a very unique kind of a business model. They already have about 7800 crores of order book and have tied up with mostly state governments for taking care of the waste, and managing thereafter and the water treatment plants that they have, which is also of high-end technology. So, that's one particular stock that we like. Other IPOs have not received a great response from the retail segment, may be HNIs or QIBs would have possibly subscribed, but one needs to just wait and watch as to whether they actually meet their fate on the day of the listing or whether they crash off.

Gem,

Thats better I believe, instead of waiting for bedmuth or seatv subscription, I can go for 2 full in Techpro and remaining amount I will go for Ashoka, I can spare around 30000 more from other accounts and if I see good subscription in bedmuth or seatv I will subscribe that 30K for allotment of 1 lot.

Dear Sj,

Sorry I cannot spare you money, cause this amount was borrowed from my brother-in-laws, out of total amount 6.5L only 2.3L is mine, remaining I have to return back immediately once it got released from ASBA, this is the promise I made to them.

srini

give me remaining amount as cash

ill give you 40% return in a month and charge just 1% on buying plus selling in total.

if you do not believe me ill give you a tip after it goes to 40% up in a month

you give me that balance money for next tip that wil give you 40% gain the next month

i will also give you that income with no short term capital gains required to be paid by you also thru various ways

HA HA HA HA HA

Regards

srini

best way

go 2 full in techpro........

with remaining small amt do whatever u like

BEDMUTHA IPO DETAILS

FY '10 SALES = 178 CR, PAT = 12.18 CR, EPS = 5.8, BV = 56, ASKING PE @ 102 = 17.5 TIMES, PEERS TRADES AT LESS THAN 10

AVOID

AVOID

Dear Gem,

As you are providing some input, I need to decide on final strategy,
since in Techpro Qib is subscribed 28 times, I am going for 1 full application, I will have a balance of 1,64,840 after 1 full to Techpro, is it better to go for 2 full in Techpro or 1 full is fine for techpro and remaining for Ashoka, bedmuth & sea tv. Please advice.

KK

NOW I HAVE 3 SECRETS
SKS WAS PERSONEL SECRETE.......
BUT CANTABIL AND ASHOKA IS RELATED TO IPO SUBSCRITION REASON.......

I WILL SHARE WHEN IT WILL BE HALF A DOZEN SECRETES

HA HA HA

DEar Gem,
You said you would share a secret about your SKS application with the boarders after you come back from the tour saying that we would laugh at you if you told about that at that time. I remember it is something about the money you got for applying SKS. You still have not shared that I hope.

srini

bedmuttha i will read today and tell u .

Dear Sreedhar,
With so many issues and so many letters posted in these it is like playing HIDE AND SEEK to spot the messages of our interest. I have asked elsewhere whether we can go in for Ashoka as there is withdrawal in NII category on the second day. Please give your reply based on that fact. Or can we reserve our money for Sea TV and Bedmutha? I am not confident of getting refunds of physical applications within that period. But I can use the amount released from ICICIdirect account, I hope.

srini

i m giving the recomdation of all the 3 persons

1) sreedhar - will say apply/ or will reply very soon in his name
2) sj - dont know/go
3) gem - no way, forget

rest u decide

h aha ha ha ha

anonymus

techpro will have an edge over ashoka on .....
both are good ipo.....
u cant write off ashoka......

i have some information about ashoka by reading drhp about its business model, that is different from irb and itnl and that has not been descussed here in chittogarh, i also found that reason in one of the brokers research report. i will tell u after ipo closes, u will see it in qib response it will be not too much dif from techpro......

i did not share one info about cantabill, that one of my frend told me 5 days back, that is the reason for lower subscrpn inspite being a career point type ipo....., but i wish i could have gone for cantabill.

Shreedhar

woh sab to thik hai

paar where is my 1000 rupees for careerpoint bet..?

LOLLLLLLLLLLLL

Hi Sreedhar
Just after i placed my IPO order a big note from some anonymous came ...do not go for high priced shares and all...but i was very confident because of your analysis .
Thanks you and GEM
THANK YOU GEM TAHNK YOU SREEDHAR

GEM,
Stopped the cheque as I had bid at 425.SahranpuriJI & Ali bhoy's view on final allotment price made me take my decision.

aunty

now u r ordering.. ha ha ha ha ok if u r real aunty, not the name only then u can.......

if applied 70 share retail will be around 8.5 times after rejections etc. so u will get 70/8.5 = atlest 8 & max 9.

Till now 77500 shares can be reduced from overall subscription list.

AuntyJi,
Welcome back after so many days.How are you?You have mentioned about good old days so let me share a miniscule bit of info.Till yesterday 60309 shares were bid at a price lower than 1310.