Chemcrux Enterprises Ltd IPO Message Board (Page 3)

Chemcrux Enterprises IPO

Subscribed by 67.40 as on 20/03/2017 16:51:06

Chemcrux Enterprises IPO

Subscribed by 67.02 as on 20/03/2017 16:41:11

Chemcrux Enterprises IPO

Subscribed by 66.47 as on 20/03/2017 16:31:25

Chemcrux Enterprises IPO

Subscribed by 65.91 as on 20/03/2017 16:21:27

Chemcrux Enterprises IPO

Subscribed by 65.40 as on 20/03/2017 16:01:15

Chemcrux Enterprises IPO

Subscribed by 62.85 as on 20/03/2017 15:51:26

Chemcrux Enterprises IPO

Subscribed by 57.63 as on 20/03/2017 15:41:10

Chemcrux Enterprises IPO

Subscribed by 51.03 as on 20/03/2017 15:31:12

Chemcrux Enterprises IPO

Subscribed by 45.22 as on 20/03/2017 15:21:24

Chemcrux Enterprises IPO

Subscribed by 45.95 as on 20/03/2017 15:11:23

It''s 41.95

Chemcrux Enterprises IPO

Subscribed by 39.46 as on 20/03/2017 15:01:24

Chemcrux Enterprises IPO

Subscribed by 36.37 as on 20/03/2017 14:51:24

Chemcrux Enterprises IPO

Subscribed by 36.37 as on 20/03/2017 14:51:24

Chemcrux Enterprises IPO

Subscribed by 32.53 as on 20/03/2017 14:41:23

Chemcrux Enterprises IPO

Subscribed by 24.86 as on 20/03/2017 14:31:10

15.5 times till 1.15p.m.

whats the GMP on chemcrux any idea???

Chemcrux Enterprises ltd SME IPO

Engaged in high pressure Oxidation, Chlorosulfonation, Nitration
and Aceylation forb manufacturing of intermediates for bulk drugs, dyes and pigments.

Registered office in Vadodara.
Incorporated on April 15,1996.
Promoters are Girish C Shah and Sanjay Y Marathe

Public issue of 1336000 equity shares.
Issue of 27.06% of total paid up.
Networth of 9.22 Cr as of 30th September 2016.
NAV of 25.63 as of 30th September 2016.

It exports its products to Europe, Egypt and United states of America.
The total direct exports constitutes more than
20% of gross sales during FY 2016, FY 2015 and FY 2014 respectively.
Revenue increased from 17.60cr in FY12 to 20.23 cr in FY16.
EBITDA increased from 1.95 lakh in FY12 to 3.25 cr in FY16.
6M FY17 revenue is 13.83 cr.
PAT of 1.62 cr FY16.....and 6M fy17 PAT was 1.09 cr...
Revenue the growth rate is 3.45% CAGR.
Long term D/E at 0.12

Now asking for EV/sales of 0.72 around..
And EV/EBITDA of 4.75 around
EPS of FY 16 is 4.51 and 6M FY 17 EPS is 3.05......
And at a price of 18.....PE comes at....3.99
At a price of 18 it is asking for P/B of 0.70 FY17
RoNW of 11.90% 6M FY17 and 19.98% FY 16

Now *Comparison*.....with the peers...
Co is primarily engaged in High Pressure Oxidation, Chlorosulfonation, Nitration and Acetylation which are used for manufacturing intermediates for bulk Drugs, Dyes and Pigments and currently there are no listed entities which are focused exclusively on the segment in which we operate. Further the Companies which operate in chemical manufacturing are too huge in terms of turnover to be considered as of comparable size and hence a strict comparison with the Company is not possible and also they manufacture other varied chemicals other than we manufacture.

Seems good issue to subscribe. Lucky person will get allotment.
Subscribed 3.5 times as per bse site till now.

Is this good SME IPO?
Whts the GMP??

Any idea how much time this issue is subscribed ? Where I will get this information ?

ye wala ipo bharne jesa he kya?????