Crown Lifters Limited IPO Message Board (Page 2)

Over the last three decades it has successfully worked with some of the leaders in the engineering and construction industry like Reliance Industries Limited, Larsen & Turbo Limited, BHEL, Ultratech Cement Limited, Tata Projects Limited etc.

Conclusion: As infra sector is set for mega spending, companies like this will ripe benefits.

SALES INCREASING PROFITS INCREASING. NAV OF 125 RS.
P/E OF LESS THAN 10

DONT GIVE UP 300 RS STOCK VERY EASILY.

THIS WOULD REPEAT HISTORY OF FOURTH DIMENSION AND HI TECH PIPES.

GREAT FUTURE PROSPECTS.

STOCKT ji and KAJLA ji,

1) Earnings quality - as KAJLA ji mentions - is not very good.
2) However, the valuations of the offering take it into account.
3) If we average out last 2 years earnings, PE comes out to be around 13.7 (with current ye PE around 10.
4) this still offers around 20-25% upside potential to catch up with peers like Sanghvi Movers.

I will not be surprised is this valuation gap is not filled with a few days of listing.

Kindly comment in case you think any data is incorrect.

Thanks.

Sorry, one correction.
Sanghvi Movers PE is actually 8.8, based on 15-16 earnings.
4) However, for these kinds of businesses, we must look at P/B as well. Sanghvi is trading at 1.3x book, while crown will list at around 1.05x book, still offering comfortable upside of ~20%

Bigshare site is very poor...on inputting application no / cdsl id /pan. , it is not displaying the allotment status.

NSE circular regarding listing date would be available from Monday on this link.
https://www.nseindia.com/emerge/corporates/content/sme_forth_listing.htm

Thanks for the info Hexadecimal ji.

Axis bank application number is 7 digits only. How do I check? 7549080 can someone check pls?

pls check on this link http://www.bigshareonline.com/BSSIPOApplicationStatus.aspx

Allotment status is out on bigshare. Thx.

allotment is out i got 2 out of 2

How did you check? Using application number or dpid? Its not working

Any idea when will allotment status come out? Thanks.

Sorry it was for husys

it''s ok dear,

purpose is not for sorry, but for correct figure only.....

Subscribed by 2.27 times....

Crown Lifters
As on 19-Sep-2016 12:20:51 IST

Total Issue Size      552000
Total Bids Received      667000
Total Bids Received at Cut-off Price      - 0
No. of times issue is subscribed      1.21

2.3x final subscription

Company Currently operating at breakeven if we exclude one time income from sale of fixed assets and tax refund company has not earned any profit in last two years
so be aware before applying

Since tomorrow is the last day to subscribe, keep an eye on this IPO....
As the issue seems worthy with 86% subscribed, lets look into the number that is gonna to come tomorrow and then lets decide....

AMSONS APPARELS AND FUNNY SOFTWARE SME ARE CONTINUED TO BE TRADING BELOW ITS ISSUE PRICE FOR LONG TERM . I TRAPPEDWITH Rs 1 LAKH IN AMSONS APPARELS AND Rs 1.4 LAKH IN FUNNY SOFTWARE . SO INVESTERS DO NOT BE GREEDY LIKE ME . I AM SHARING MY EXPERIENCE . REST IS LEFT TO U. BEWARE............... BEWARE ...................BEWARE

Dear Duraisamy,
Seems that you have fed up by those two SME IPO''s.

Still there are few IPO''s that gave better return in this sector.
Since you have chosen to apply for the IPO''s that was not worth at all, you cannot blame all the SME IPO''s.

If each and every IPO gives a positive return, then there is no other easy way out there in the world for money making than IPO''s....

You can have easily avoided those 2 IPO''s if you have at-least gone through the Review of Mr.Dilip Davda. He is giving a valuable insight for these SME IPO''s too.

You have applied just because of your craze on SME IPO''s and its not good to blame all other IPO''s for the wrong decisions that you have made....

UNION BANK i found with most facilities for IPO Investor - IPO open till 3pm on closing day, All SME IPOs can be applied including this one, minimum balance only 1000 Rs...
What are your all intentions...apply or not to apply...listing gains..or long term...?

Guys, how are you applying for this IPO? any online banking account or paper bases application through broker?

I have SBI account n it does not show NSE SME IPO?

yeah NSE Emerge IPO''s are showing in few banks only...

With Axis and ICICI bank, it''s available & you can apply....

Not in ICICI Bank. In IDBI Bank u can apply Bse SME and Nse EMERGE

Hi, can any expert member kindly comment on valuations for this offering ? Analysis provided her indicates that this is quite a fairly priced ipo. Is it worth investing in ?

Issue is priced around book value, this alone justify that there is something left out in the table for investors.

They have a reason to justify the utilization of the IPO proceeds, hence we can bid for it.

Moreover the issue has been subscribed by 80% by today, hence it has a market.....

so let''s go for it....

Thanks Durairaj.

121 PRICE IS LITTLE ON HIGHER SIDE. SME ABOVE 60 RS IS NOT APPLY STRAIGHT AWAY

Epc projects are cream now days.this company let out its equipment to small sub contractors of epc project.this is hidden gem

https://www.nseindia.com/marketinfo/ipochart/ipochartSME.jsp?issue=CROWNEQ&ir=I&cn=C&sd=D&cnlink=N

Guys, through some light on this IPO, shares are issued below book value

You can see SME Streamer at the following link

http://www.bsesme.com/markets/SME_streamer.aspx?expandable=4

for understanding about SMEs refer the following link wherein there is brochure in regional languages also which provides detail with FAQs also.

http://www.bsesme.com/static/about/smebrochures.aspx