Career Point Infosystems Ltd IPO Message Board (Page 43)

i have 2 lac hard earned money. in which ipo i should apply

At the lower price band of Rs 295 per equity share of Rs 10 face value, the P/E works out to 30.4 times the EPS of Rs 9.7 for FY 2010. At the upper band of Rs 310, P/E works out to 31.6 times the EPS of Rs 9.8 for FY 2010. Listed companies in the education sector, Everonn Education, Educomp Solution and NIIT, have PE of 21.1, 19 and 16 times EPS of FY 2010. However, Career Point Infosystems is the first company from the tutorial education field, tapping the capital market.

Refer 127 RAJA,

Lock in period for Anchor Investors is ONE MONTH.

QIB around 2 times

QIB does not bid in small issues,
Aster:- QIB zero times
Midfield:- 1.8 times
Technofab:- 4.8 times
Prakash steel:- 1.27 times

So less QIB subscription is good for these types of operator driven stock

Also if u apply in Tirupati, ur money will be reused in Orient/Remkay/Electrosteel

current GMP 9-9.50 Rs
Apply in full blast
Enjoy!!

pls, send us to .new latest ipo news

how the fundamental of this ipo ?

kostak+commission on form, elecrosteel 2000-2100+400,vatech2100-2200+100,eros 2000-2100+200,career 1800-1900+100,micro2000-2100+250

Gosh,
Glut of IPOs,not easy to choose from these !!
Experts,
please opine.

sj sir,please reply, is any lock-in-period for anchor investor .

Dear RG

Thanks a lot for that info

Good job yaar

I was looking for Va tech date was getting irritated ocz their was no info

Thanks so much dear

Regards

Setu

please can anyone which is the best ipo for investing ... for short term period
what is the premium of career point ipo
and indosolar limited

IPO's for the month of september, 2010

CAREER POINT 16-21
EROS INTERNATIONAL 17-21
MICROSEC FIN 17-21
RAMKY INFRA 21-23
ORIENT GREEN POWER 21-24
ELECTROSTEEL INTEGRATED 21-24
GALLANT ISPAT 22-24
VA TECH WABAG 22-27
TECHPRO SYSTEM 23-28
CANTABIL RETAIL 23-28
ASHOKA BUILDCON 24-28

Peer analysis

FY 2010

Company Face Value(Rs.) Net Sales (Cr.) PAT(Cr.) NPM(%) EPS(Rs.) Price(Rs.) P/E(x)
Career Pont Infosystems Ltd. 10 67.8 19.87 29.31 10.84-10.95 295 - 310 27.20-28.58
Everonn Education Ltd. 10 293.50 45.45 15.49 30.06 643.50 21.41
Educomp Solutions Ltd. 10 1039.49 281.61 27.09 29.83 581.50 19.49
NIIT Ltd. 10 1199.35 68.47 5.71 4.25 68.50 16.12


FY 2011(Estimated)

Company P/E(x) ROE(%) EV/EBITDA(x)
Educomp Education Ltd. 16.3 22.60 9.7
Everonn Solutions Ltd. 15.4 20.10 6.8
NIIT Ltd. 12.7 15.60 7.9
Average 14.8 19.40 8.1


Valuation

On the basis of post issue EPS for FY10, PE comes out to 27.20x at the lower price band and 28.58x at the upper price band which is expensive in comparison of other players of this sector like Everonn Education Ltd., Educomp Education Ltd. and NIIT Ltd. which are trading at 21.41x, 19.49x and 16.12x on their respective EPS for FY10. The Company proposes an ROE of 13.6% for 2011E, which is lower than the peer set’s average ROE of 19.4% for the same period. Moreover, the Company proposes an EV/EBITDA of 14.1x for FY11E which is quite high than peer set’s average of 8.1x for the same period.

may be come in allotment in lottery because retail subcription is over 16 times
gmp 145to150
per lacs application 1850

Last thirty days there were hardly any IPO s and now when it started....coming chappar phad ke .... Are these Investment bankers all fools or we are fools?

@119-MVS
You will get 85.25/- Dividend in NHPC. But this is not right place to ask NHPC related query.

Can any one say how much dividend I will get for NHPC? I have 155 shares and dividend declared as 5.5 %. CMP is Rs.33

Electrosteel Steels Ltd.

IPO opening on 21.09.10 & closing 0n 24.09.10.

Career Point ropes in 10 anchor investors

NEW DELHI: Tutorial services provider Career Point Infosystems today said it has raised Rs 20.34 crore by roping in 10 anchor investors for its initial public offering, which opens on Thursday.

The company has finalised allocation of 6,56,040 equity shares at a price of Rs 310 per piece to the anchor investors, which includes Goldman Sachs, Citigroup, Axis Mutual Fund and DSP Blackrock, it said in a statement. Career Point’s Rs 115 crore IPO opens on Thursday and will close on September 21. For institutional buyers, the IPO will closes on September 20. The company has fixed the issue price of IPO at Rs 295 to Rs 310 per equity share.

The entity provides tutorial services for engineering and medical entrance exams. It has presence through 33 centres, of which, 17 are company operated while balance 16 are franchisee centres, spread over 13 states of the country.

http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/Career-Point-ropes-in-10-anchor-investors/articleshow/6562715.cms

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