Cochin Shipyard Ltd IPO Message Board (Page 91)

SIS IPO:

I think comparison with Quess is not good. Quess is providing staffing for skilled workers like IT, HR etc. where profit margins are very high. Promoter of Quess is well known Thomas Cook.

SIS is dealing with security staffing only where profit margin is very less. Non-skilled workers are required in Security Business. If we see revenue and profit for last few years net profit is only 2-3 %.
It''''s very hard to make money from non-skilled workers staffing company.
Quess is running because of high growth.
Some of highlights of Quess:

- Revenue increase more than 3.5 times in last 3 years
- Revenue increases 21% in last one year
- EBITDA increases 47% in last one year
- EBITDA margin increases 96 bps in last one year
- PAT increases 40% in last one year
- EPS increased 30% in last one year

Quess enjoys very high P/E because of high growth. It has proved this in last one year after it''''s ipo launched in June 2016.
Quess ipo launched with P/E of 45 last year. It was launched at reasonable price at that time. Now it reaches P/E of 100 because of high growth.

SIS is asking P/E around 65. Many analysts and BRLM wrongly compared it with Quess. They believe it will give gain like Quess. Please wait and see quarter by quarter result of SIS and then enter if it shows growth like Quess.
Don’t believe 100% in BRLM comparison. Many times they compared to wrong peer. i.e in Coffee Day ipo they compared with Jubilant Food works because at that time it was trading at very high price of more than Rs. 1500. Many retailers tapped in that game.

O D account se IPO apply kiya ja sakta hai??

99% banks are not allow from od a/c but you can apply from current a/c

cochin shipyard
106-108

sis
145-150

Cochin Shipyard IPO – Schedule

25th July – Price Band to be Announced
31st July – Anchor List
01st Aug – Offer Opens
03rd Aug – Offer Closes
08th Aug – Finalisation of Basis of Allotment
09th Aug – Unblocking of ASBA
10th Aug – Credit to Demat Accounts
11th Aug – Listing on NSE & BSE

SIS

I think comparison with Quess is not convincing to me. Quess is providing staffing for skilled workers like IT, HR etc. where profit margins are very high. Promoter of Quess is well known Thomas Cook.

SIS is dealing with security staffing only where profit margin is very less. Non skilled workers are required. If we see revenue and profit for last few years net profit is only 2 - 3 %.
It''''s very hard to make money from non skilled workers staffing company.

Quess is running because of high growth. Some of highlights:

- Revenue increase more than 3.5 times in last 3 years
- Revenue increases 21% in last one year
- EBITDA increases 47% in last one year
- EBITDA margin increases 96 bps in last one year
- PAT increases 40% in last one year
- EPS increased 30% in last one year

Quess enjoys very high P/E because of high growth. It has proved this also in last one year after it''s ipo launched in June 2016.
Quess ipo launched with P/E of 45. It was launched at reasonable price at that time. Now it reaches P/E of 100 because of high growth.

I haven''t worked out over other data , please tell us how EBIDT increased by 47%.

@Experts:

What is the fair value and what could be listing price of Cochin Shipyard shares? I have traded in Grey market premium on guidance provided by Septa, Eagleye and others and have earned handsomely. Would like to repeat the same.

Date final
IPO comes on 1 Aug to 3 aug
Confirm.

Cochin Shipyard IPO

GMP 100 – 102
Kostak 675 – 725

Is the issue date confirmed? I am planning to apply of Total Transport SME IPO but am worried that I may block all my money with it and may not have sufficient funds for Cochin Shipyard IPO.

If there is IPO group send me link

Hello Septa/Shareview/Gamble/Eagleeye/Khemka

is SIS and Capacit’e Infraprojects IPO dates confirmed ?? and would you guys bet on them kindly let me know as i need to adjust the ammount to apply these IPOs.

apart from this anything going to come

Hii Shareview

As you said that the pricing might be an issue, If we compare it with its close peer Quess Corp, the PE (Assuming price band of 810) of SIS is much lower that that of Quess Corp.I want to ask you, since you have gone through the fundamentals of the company, how is SIS different from Quess Corp. Is Sis stronger or weaker than Quess Corp or both are not comparable.

Hi Ankit ,

Fundamentally it''s very strong as i said earlier.Pricing might be issue because we have estimated 815 as per rumours but it is going to be finalised on day after tomorrow. Still nothing to be worried much as fair value comes to 1100+.Let''s check some figures.

Revenue - 45k+
Quess - 41k+

RoNW - 16.8
Quess - 13.5

EPS - 13.3
Quess - 9.2

NAV - 79.05
Quess - 66.05

Also BRLMs like IIFL , ICICI and Yes securities were common in both SIS and Quess. So they would consider all risk factors before finalising price.However chittorgarh missed ICICI as BRLM but it is there.

Cochin Shipyard IPO

GMP 105 – 110
Kostak 700 – 750

Sis ipo retail 10% or 35% any idea?

10%

yes , it''s 10 % as per DRHP
QIB - 75 % ( out of which 60 % reserved for Anchor Investors. )
NII - 15 %
RII - 10 %

Usually profit making Cos. are allowed up to 35 % for RIIs & loss making Cos. are restricted up to 10 %.Earlier I have gone through eagleye''s data in which 35 % is indicated.

Can we apply IPO through credit card?

Anna nuvu payzaap download cesuko, andulo rojuki 5k free ga transfer vesukovachu credit card nunchi.. nenu alage cesta

I recommend your query to SEBI and SEBI recommend to RBI and RBI recommend to your bank and bank block your card

Can i applied 2 application in on bank account ?

COMPANY RATIOS

PARTICULARS       2017      2016      2015      2014
EPS       16.29      25.23      6.29      25.03
P/E RATIO      -      -      -      -
Return On Net Worth (%)      -      16.61      4.63      19.03
Net Asset Value(pershare)       168.14      151.88      -      -

overall good prifit making company

Upcoming IPOs 2017 - 2018

1. Godrej Agrovet ( 400 cr. )
2. HAL ( PSU - Aug-Sep )
3. SIS ( Next Upcoming )
4. Continental Warehousing Corporation( 500 cr.)
5. Pratap Snacks ( Oct-Nov )( 240 cr. T group )
6. TATA Technology (1000-1200cr.)
7. Matrimony (Reduced size 1000 cr.)
8. UTI MF AMC
9. HDFC Life
10. Seaway shipping & Logistic
11. SBI Life ( 8500 cr.)
12. Bharat Road Network ( 600 cr. )
13. Mas Finance ( 500 cr. )
14. Nakshatra Diamond Jewellery ( 500 cr. )
15. Amber Electronics ( 600 cr. )
16. Mahindra Logistic ( 500 cr. )
17. Cent Housing Finance ( 1000 cr. )
18. IREDA ( PSU - 14 cr. sh )
19. Sutures India ( 1500 cr. )
20. Laqkshya Advertising ( 400 cr. )
21. Apex Frozon Food ( 87 Lac Sh. )
22. Crystal Crop Agro-Chem ( 2018 )
23. IEX ( OFS )
24. PolicyBazaar
25. GoAir ( 1800 - 2000 cr. )
26. Capacit ( 400cr. )
27. Four Season Residency ( 1 cr. sh. )
28. Central Warehousing Corporation(CWC-PSU )
29. Airport Authority of India (AAI - PSU )
30. Shalby hospital Chain

31. > 4 Reliance ADAG - Home Finance , General Insurance , Nippon Life AMC , MF Units

32. > 5 PSU Insurance Co. - New India, GIC ReInsurance , National, United,Oriental.

33. > 5 Railway Cos. -IRCTC, IRCON , RITES , RVNL ,IRFC
---------------------------
* 》OFS - GIC , ITI
---------------------------
* IPOs seems to have been withdrawn

1. Hinduja Leyland Finance
2. Nihilant Technologies
3. Metropolis
4. KPR Agro

* IPO cancelled - Vodafone

One of the hindrances why SEBI is delaying in giving Green Signel to NSE IPO.

/article/nse-co-location-issue-and-its-impact-on-nse-ipo/202/

APPLY OR AVOID ?

This message has been removed by a moderator.

Why msg removed...?

Bcoz there was error regarding date

Cochin Shipyard IPO – Schedule (Tentative)

25th July – Price Band to be Announced
31st July – Anchor List
01st Aug – Offer Opens
03rd Aug – Offer Closes
08th Aug – Finalisation of Basis of Allotment
09th Aug – Unblocking of ASBA
10th Aug – Credit to Demat Accounts
11th Aug – Listing on NSE & BSE


Cochin Shipyard IPO – Issue Information (Tentative)

Issue Opens on: 01 August 2017
Issue Closes on: 03 August 2017
Issue Type: Book Built Issue IPO
Issue Size: 3,39,84,000 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.420 – Rs.424 per Equity Share (QIB & NII)
Discount: Rs.420 – Rs.424 per Equity Share (RII & Employees)
Market Lot: 35 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 11,32,80,000 Equity Shares
Fresh Issue of 2,26,56,000 Equity Shares @upper price band = Rs.960.61 Crores
Offer for Sale of 1,13,28,000 Equity Shares @upper price band = Rs.480.31 Crores
Equity Shares outstanding after the Issue = 13,59,39,000 Equity Shares

Category-wise Break up:.
QIB – 1,65,80,000 Shares = 702.99Crs (No Anchor)
NII – 49,74,000 Shares = 210.90Crs
RII – 1,16,06,000 Shares = 492.09Crs (Lot size: 35 = 331,600 Forms)
Employees – 8,24,000 Shares = 34.94Crs

Total Issue – 3,39,84,000 Equity Shares = 1,440.92Crs.

Subscription required for 1X
RII = 331,600 Forms
NII = 210.90 Crs

Interest cost @5%p.a. for 7days = 40.658 paise for 1X


Cochin Shipyard IPO – Financial Information (Basis of Valuation)

EPS for FY13-14 >>> Rs.25.03 (Page #88 of DRHP)
EPS for FY14-15 >>> Rs.06.29 (Page #88 of DRHP)
EPS for FY15-16 >>> Rs.25.23 (Page #88 of DRHP)
EPS for 6M16-17 >>> Rs.16.29 (Not Annualized) (Page #88 of DRHP)

RoNW for FY13-14 >>> 19.03% (Page #89 of DRHP)
RoNW for FY14-15 >>> 04.63% (Page #89 of DRHP)
RoNW for FY15-16 >>> 16.61% (Page #89 of DRHP)
RoNW for 6M16-17 >>> 09.69% (Not Annualized) (Page #89 of DRHP)

NAV as on September 30, 2016 was Rs.168.14 (Page #90 of DRHP)

Peer Group (Page #90 of DRHP):
Reliance Defence and Engineering (CMP 60/-)
ABG Shipyard (CMP 13.50)
Bharati Defence and Infrastructure (CMP 9.50)

Cochin Shipyard IPO
Market Estimates of oversubscription:

Category-wise:

1X QIB = 702.992Crs – assuming applications of 30KCrs. = 42X oversubscription

1X NII = 210.90Crs – assuming applications of 45KCrs. = 213X oversubscription

1X RII = 331,600 Forms – assuming 19L forms. = 5.73X oversubscription (applic-wise)
i.e. average 6.10 shares per form

As per above post , Issue price ( QIB / NII )& Discounted Price ( RII / Emp. ) both at 424.
That means no discount ?

Eagleye mam ,
Can I buy omkar chemical?
What will be the target for 1 month?