CDSL IPO valuation price as per DCF method is Rs 145-Rs 155 at least (as per my calculations) Company has strong ROE with high growth rate. Good IPO at reasonable price.
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March 14, 2017 10:08:36 PM
IPO Guru (2600+ Posts, 3700+ Likes)
GMP hovers around 40.Here assumed price is 135.Good to apply for 30 % listing gain.Tentative date : 28 - 30 if SEBI is satisfied with reply asked from CDSL/BSE and throws green signel.Till then wait and watch
CDSL IPO Information ( Tentative) Issue Dates: 15 รขโฌโ 17 March Price Band: Rs.115 รขโฌโ Rs.135 Issue Size: Rs.400Crs Valuation: Rs.1,400Crs Schedule (Tentative) 14th March รขโฌโ Anchor Investors 15th March รขโฌโ Offer Opens 17th March รขโฌโ Offer Closes 22nd March รขโฌโ Finalisation of Basis of Allotment 23rd March รขโฌโ Unblocking of ASBA 24th March รขโฌโ Credit to Demat Accounts 27th March รขโฌโ Listing on NSE & BSE GMP 80/85
See news excerpt: Offer for sale stands for a total of 35,167,208 shares, in a price band of Rs 115 รขโฌโ Rs 135 per share. The offer opens on March 15 and closes on March 17, 2017.
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Avoid this ipo Given factor that bse has gone down continuously. This will play on people mind and don''t think premium would sustain. I think this should go down with no interest especially after bse listing. Better opportunities available in market. Avoid this ipo
Gitanjali Gems ( already listed co. ) ready to file draft papers with SEBI by march end for the 500 - 600 cr. IPO of its wholly owned subsidiary Nakshatra Diamond Jewellery