BSE Limited IPO Message Board (Page 70)

Septa,Gamble and other analysts .. please throw some light on CPSE ETF ..
It is available at 5% discount. so after allotment , can we sell it to cream this 5% profit ?

*Discount Offered by GOI:
Discount of 5 (five)% on the “FFO Reference Market Price” of the underlying shares of Nifty CPSE Index shall be offered to FFO by GOI.
FFO
Reference Market Price:
The price determined based on the average of full day volume weighted average price (VWAP) on the NSE during the Non Anchor Investor
FFO Period (inclusive of Non Anchor Investor FFO Period open as well as close date) for each of the index constituents of the Nifty CPSE Index.
Note -
Discount on the ‘FFO Reference Market Price’ may not be a discount to the closing market price of the underlying shares of Nifty CPSE Index on the FFO Allotment Date.

What out come of SEBI meeting yesterday about IPO rules?

Hello septaji
How are you
Your recommendations for pidilite, Kei industry rocks

Kindly suggest few stocks for medium term

I AM APPLYING FOR THIS IPO WOULD HAVE BEEN HAPPY IF THE IPO PRICE WAS AROUND 795 SO 806 IS FINE I NORMALLY GIVE 25% SAFETY HOWEVER IN CASE OF BSE 15% IS FINE GIVE IT NATURE OF BUSINESS ALSO I HAVE TAKEN VERY LOW GROWTH RATE OF 10% MAX TO 8% WHICH IMO IS POSSIBLE WITHOUT ANY ISSUE. ALSO I GOT THE NP OF 172 CR BY MULTIPLY HALF YEARLY NP

IMO IT WILL LIST AROUND 930-950 RANGE

Initial Cash Flow:      $1,72,36,00,000                   
                        
Years:      1-5      6-10            
Growth Rate:      10%      8%            
                        
Terminal Growth Rate:      5%            Discount Rate:      10%
                        
Shares Outstanding:      5,36,78,172             Margin of Safety:      15%
Debt Level:                        
                        
Year      Flows      Growth      Value      
1      1,89,59,60,000       10%      $1,72,36,00,000       
2      2,08,55,56,000       10%      $1,72,36,00,000       
3      2,29,41,11,600       10%      $1,72,36,00,000       
4      2,52,35,22,760       10%      $1,72,36,00,000       
5      2,75,06,39,808       9%      $1,70,79,30,909       
6      2,99,81,97,391       9%      $1,69,24,04,264       
7      3,26,80,35,156       9%      $1,67,70,18,771       
8      3,52,94,77,969       8%      $1,64,65,27,521       
9      3,81,18,36,206       8%      $1,61,65,90,657       
10      4,11,67,83,103       8%      $1,58,71,98,099       
                        
                        
Terminal Year      $4,32,26,22,258                   
                        
PV of Year 1-10 Cash Flows:                  $16,82,20,70,222       
                        
Terminal Value:                  $33,33,11,60,086       
                        
Total PV of Cash Flows:                  $50,15,32,30,308       
                        
Number of Shares:                  5,36,78,172       
                        
Intrinsic Value (IV):                  $934.33       
                        
Margin of Safety IV:                  $794.18       
                        
What Percentage of IV comes from                   66%      
the Terminal Value:                        

my starting point is NP not cash on books or liabilities.... it actual does not make any difference if the profit is from operation or on assets on book. Actual if i go by your arguments then upside will be higher since operation profit can improve

With regards to market share 90% to 10% the valuation is on the same level NSE market cap post IPO will be close to 45000 crs and BSE will be close to 4500 Crs

What made u think i blindly 10% growth last three years top line has been grown at 3% plus however bottom line has grown in excess of 10% in the same period

even if we cash value :

let its comes numbers and value it based on cash value

Currently, MCX is trading around Rs. 1175 per share. Its HY17 annualized* EPS is 27.63 and its book value per share is 257.75. Thus MCX is currently trading at:

P/E multiple – 42.52

P/BV multiple – 4.95

Applying the P/E multiple of MCX (42.52) the comparable prices of 910 respectively.

Applying the P/BV multiple of MCX (4.95) the comparable prices of Rs 2374 respectively. The aberration BSE’s value based on P/BV is due to the huge amount of reserves on books.

TrendaCap give me one reason for not applying based valuation so pls stop misguiding

Septaji Pranam!

Firstly im not here to misguide people. If somebody has a different point of view it does not mean misguiding!

NSE and MCX are both monopolies. Please go through the financial statements of both these companies carefully. They both generate cash from their business. BSE does not generate cash from operations. All its profits are from other income. It means that in the wake of severe competition its is not able to charge enough to generate money for its shareholders.

It should be valued at cash i.e at Rs2000cr MCAP = Rs400 share.

In times to come when NSE will get listed, it will be the only reason why people will want to trade on BSE exchange.

Happy investing!

UPCOMMING IPO;- Securyty Exchanje Board of India (SEBI) has filled DRHP today. Ipo will boost market around first week of april. May be first ipo of f.y. 2017-2018. Prepare be ready for earn historical prophit.

Have you finished drafting the DRHP ?

IPOs IN THE PIPELINE (Status as of 13th January 2017)


SEBI approval received (Likely to open within the next 2-3 months)

Security & Intelligence Services >>> DRHP date 26-Sep-16
G R Infraprojects >>> DRHP date 29-Sep-16
Genesis Colors >>> DRHP date 28-Sep-16
Continental Warehousing Corp. >>> DRHP date 30-Sep-16
Avenue Supermarts >>> DRHP date 29-Sep-16
Aster DM Healthcare >>> DRHP date 24-Jun-16
Seaways Shipping and Logistics >>> DRHP date 28-Mar-16
CL Educate >>> DRHP date 30-Mar-16
Hinduja Leyland Finance >>> DRHP date 29-Mar-16


DRHP Filed – SEBI approval is awaited

GTPL Hathway >>> DRHP date 30-Dec-16
Housing & Urban Development Corp. >>> DRHP date 30-Dec-16
National Stock Exchange of India >>> DRHP date 28-Dec-16
PSP Projects >>> DRHP date 27-Dec-16
Central Depository Services >>> DRHP date 24-Dec-16
S Chand & Company >>> DRHP date 16-Dec-16
Music Broadcast >>> DRHP date 28-Nov-16
Prataap Snacks >>> DRHP date 30-Sep-16
Shankara Building Products >>> DRHP date 28-Sep-16

suggest some good stocks at current level for next 3 month

Next ipo kaun sa aayege

Securities and Intelligence Services is the next IPO....

can i apply this bse ipo?please suggestion

BSE IPO

GMP 108 - 110
Kostak 600/-

Pls probife premium

Your view EGLEYE JI CPSC ? Apply or not suggest me.

Eagleeye ji pls provide premium 700 rs application rate here

I am submitting all my retail applications (1 lot each) on 23rd January itself ...

Mam thank u ur advice in ipo u says bse ipo application submiting Means give in sub 2 mam

i like ur optimism

BSE ipo not being listed in BSE itself? any reason?

@ShareView, Thanks for the info and the correction mann!!

thanks dears..

India INX could be a game changer for BSE, which is going to trade 21hrs 30min a day.

Single Stock Futures
APPLE INC
ALPHABET INC (GOOGLE)
FACEBOOK INC
MICROSOFT CORPORATION
JP MORGAN CHASE

to start trading in India INX from 20 January 2017

Eagle ji, when clearly you will be able to advise for BSE to subscribe or not?

If retail subscription is upto 3 times should we apply for only 1 lot?

Not @ @LL

BSE LTD IPO
DATE 23-01 TO 25-01
PRICE BAND 805-806
SHARE -18
SIZE -1243 CR**
RETAIL 35%
MIN AMOUNT -14508/-
LISTING ONLY -NSE

Apply Or Avoid.

yes , for you please dont apply...we all apply

Buy @ LC ! ! !
Flat 25 % discount ! ! !