Institution portion will be minimum 6 to 7 times oversubscribed. Retail and HNI always come on last day last minute so here''s no point discussing that number right now. I don''t know if at what Pryce it will finally open, but issue will not be extended.
Yeah institution demand is pretty enough to sail it through,but I don''t understand anchor was alloted at 322,retail should get it at 316,that would be nice.....or atleast at 322 not more than that.......may be they got it valuation is a bit on the higher said....
According to SEBI IPO price formula, if retail is priced at 328, then anchor investors will have to pay 328. If retail pays 316, anchor still pays 322.
Long term liability 3379 crore and this issue shall repay 632 crore worth of loan only. SO, 2747 crore loan still lies on the BS. Ps: revering consolidated financial statements
It is not surprising at all to note that at 5.00 p.m. on first day it is subscribed only 0.13 %. Keep safe distance to avoid High Blood Pressure from COFEE.
Don''t apply for this ipo. If anyone still want apply then wait most probably issue will not get full response and promoter will reduce price band like prabhat dairy, adlabs.
Most probably we can see almost final subscription figures after 3 pm on Friday on NSE, BSE or CNBC. If it''s good then also we have one choice left. We have to go to broker''s office for paper subscription. They have choice till 5:00 or 6:00 pm last day.
Septa is right but for listing gain must apply with 1 lot.and exit on listing day. By the way puskar is going to be multibegger.accumulate as much as you can. Thanks to septa.
17 Leading anchor investors including Government''s Pension Fund invested 334 crores in CCD, yesterday. It doesn''t mean they are not aware of the the things that are some were saying to avoid this IPO. In one of the interview Mr VG Siddartha said that the Co will be debt-free by raising cash through issue of fresh equities to investors post IPO,& there on co will report significant profits. Most of high valued co s & blue chip co s of now were loss makers at their IPO s. Investors identifyd them earlier n invested in them are luckier than who avoided then.
Mr Tulsian is correct. The fair value of stock is 300 rs and it should have proced near 250 rs to leave something on table for investors. since it has priced this above 300 this should be clear avoid for loss making comopany.
will have same fate as ADlabs Entertainment ruling at 30% discount now
My analysis for this foroum 1-navakar mostly said avoid share listed at premium 2-penner all said avoid share list at discount 3_puskar all said apply share list at discount 4-prabhat all said avoid share list at premium 5_sadbhav all said avoid shsre list at premium 6iocl all said avoid share list at premium Now you can decide what will happen to cced
Very true.....applied in Navkar and Sadbhav but sold on the day of listing......only holding Shree pushkar....will apply for CCD....and will try to sell on the listing day
85.4. Septa| Link| Bookmark|
October 14, 2015 10:45:58 AM
(4000+ Posts, 4600+ Likes)
@monty since you want to apply I suggested wait till the third day of issue if you want to apply..... Fundamentally it is avoid but as atul said even with weak fundamental it could list positive...
@Septa I will apply only on the last day.....but if subscription is good by QIB and HNI than also it is not a gurantee it will list at premium.....u can recall what happened to power mech.....its just that on listing day if sentiments are good it will list at around 5-8 %.....but it is highly likely to go down
Company has been incurring losses in the last 3 years. Investors would not get any returns by way of dividends. Company demanding issue price of Rs 316 to Rs 328 per share for such loss making company. Company operations are conducted through its Subsidiaries. Therefore, its ability to pay dividends on the Equity Shares depends on company ability to obtain cash dividends or other cash payments from its Subsidiaries. Consolidated net indebtedness and company failure to comply with certain restrictive covenants under its loan agreements could adversely affect company financial condition and results of operations. There are outstanding litigations against the Company, Directors, Promoter, Subsidiaries and Group Companies. Certain of its Subsidiaries are involved in criminal proceedings, SEBI proceedings and have received adverse findings from SEBI, in the past, in relation to non compliance with securities laws. Company Promoter has provided personal guarantees and may in the future provide additional guarantees and/ or collateral of shares of the Company and certain Promoter Group companies to secure the loans availed by the Company, Subsidiaries and its Promoter Group companies. Its business, financial condition, results of operations, cash flows and prospects may be adversely affected by the invocation of all or any personal guarantees or enforcement of the collateral provided by its Promoter. Company has pledged certain equity shares held by it in certain Subsidiaries and associate companies. Some of its Group Companies has incurred losses in the last three financial years. Company has issued Equity Shares during the last one year at a price that may be below the Issue Price. Company success depends on the value, perception and marketing of its brands, most particularly, the “Café Coffee Day” brand. The coffee business segment is highly competitive. They are subject to risks associated with leasing space subject to long-term agreements and they may not be able to operate its Café Network outlets and Coffee Day Xpress kiosks successfully. Company relies on the skills and experience of its personnel to maintain the quality of company service. Its business is highly dependent on consumer preferences, the cafe-going culture and sales of food and beverage at Cafe Network outlets, F&G outlets and Coffee Day Xpress kiosks. Company closed its cafe outlets in the past, owing to various market factors which may affect its revenue and result of operations. Other risk factors (Internal and external) can be viewed in prospectus Page no. 24 onwards.
Don''t waste your hard earned money on unpredictable IPOs like this. Way too highly priced. Listing gains may be meagre or nil.You can always buy after listing. There are quite a few good IPOs lined up post this..
Leveraging balance sheet is anyway a problem,it can get a premium becaof brand name may be dont know,I will more be interested in Indigo one,crude prices will give a boost for sure,it is indeed the best time for aviation company in decades........what do u say Septa........and Septa I am stil holding Shree Pushkar,what about u.......
Me to still holding and added more. Shree pushkar. Indigo has nil debt or very less big profit. i have read indigo red herring it is a share u should apply in regards with coffee day we can give it miss to much debt in balance sheet.... Plus shrinking growth in top line avoid fundamental Coffee say IPO.