Dilip Buildcon Ltd IPO Message Board (Page 36)

Dilip Buildcon:- These construction companies with shady promoters are best avoided. Just look at J Kumar Infra, the company is a pure EPC play (debt-lite) which is currently favored by the market, is sitting on a huge order book but still the share price is languishing at very low levels solely because of various civil/criminal proceedings against the company. You are hearing this from an aggrieved investor.....

I agree as a rudimentary principle I avoid shady promoter

Please give your valuable comments for investment in JPASSOCIATE

Please share the link page of RHP of SP Apparel?

http://www.motilaloswalgroup.com/Our-Businesses/Investment-Banking/Prospectus/Offer-Documents

Thanks lokesh

let us check broking house report and last day qib figures

Jaag Ghumiyaa Thareey jaisa na kooi..._/\_

haha same to u

Dilip Buildcon:

Company is in infrastructure domain. Some of cons of infrastructure domain:
- Lengthy bidding process, it may take
time from bidding to contract award
- Deal with government for contract, if
government changes existing projects
may get delayed
- Lengthy payment cycles
- Strict banking terms for infrastructure
companies
- Chances of court proceeding is high
in infra companies.

In last decade almost all infra companies which came as fresh Ipo gave no returns.
Only Sadbhav engineering or another one or two gave returns.

Dilip is coming at almost similar or higher P/E than peers.

It is better to look for another good options than Dilip.

I perfer l & t, Sadbhav engineering, pnc infra. They have very good track record.

If u want to invest for 5 yrs look at the following stocks-

HCL Tech, TCS, Aurobindo Pharma, Suzlon, Banco products, DHFL, Orient Refractories, RCF, UFO Movies, Inox, Ujjivan, Equitas, TATA motors DVR, 8K Miles Software, AllCargo logistics, Coal India, Gateway Distripacks, Hero Motorcop, Maruti, Force Motors, IndusInd Bank, HDFC, HDFC Bank, L & T Infotech, Shreyas shipping, Veto Switch, Ahuluwalia Contracts, BEML, BOB, Berger paints, Bosch, Cantabil Retail, Dr lal Pathlab, Educomp, Eicher, GM Breweries, Gokaldas exports, ISGEC Hy Engg, Indo Count, JMC Projects, Nitin fire Protection, Page Industries, Ramky Infra, Ruchi Soya, SH Kelkar, Somany Ceramics, Tata Elexis, Yes Bank, Zensar Tech.

Septa Sir,
After going through RHP I found OK OK company. Yes profit for FY16 is overstated. Which means company knowingly kept profit up as they are approaching for IPO.
But Kitex at some point trading at 912. Which was 12X it''s BV, currently is at 6X. SP coming at 270 is at 3.5x It''s BV which is fair. I am not sure whether they will be able to maintain bottom line for this fiscal. On lead banker I have always avoided Motilal.
One thing good is comparing with Kitex it''s way cheap. Also Jacob entered in 2011 valuing company at 210 per share which now is existing at 270 ie just 30% Profits in 5 year. Whereas company grew at 10% CAGR. Promoters sounds good and are backed with many awards. Crocodile brand is loosing fate in markets is a concern. Retail is making loss. Hoping good for this one. Debt will be significantly down which means more improved bottom line. Pledged share of promoters with Bank of Mysore will soon be taken back..

i am of the same view nothing great abt the company..... chennai distributor is my close friend his view is also same product quality compare to jockey is average so lot of re seller not stocking the stock.....at 270 is okay price IMO but biggest is will 2017 be good... I am always little worried when i company just before the IPO comes with a stellar numbers

what is roe of sp apparel ?

someone send me a copy of The Newline a Gujarat weekly on market i i think weekly not sure i do not understand Gujarati however lot of small cap and mid cap idea and big source of grey market premium. Any Boader from Gujarati should read the digital copy online or hard copy lot of info on grey market

Hi Septa,
You can share that links to me.
I am Gujarati.
It will be very useful to me.
My email id is:nirmalshah1007 @ g m a i l . C o m
Thanks in advance.

http://www.magzter.com/IN/Chanakya-Group-of-Newspaper/The-Newsline/Business/

SP APPARELS LIMITED
(Refer Page No 360 of RHP dated 19th JULY 2016)

01-Aug-16 – Participation by Anchor Investors
02-Aug-16 – Bid/Offer Opening Date
04-Aug-16 – Bid/Offer Closing Date
09-Aug-16 – Finalisation of Basis of Allotment
10-Aug-16 – Unblocking of Funds from ASBA Account
11-Aug-16 – Credit of Equity Shares to Demat Account
12-Aug-16 – Commencement of Trading on NSE/BSE

MOD please start a new page for SP APPARELS

WILL U APPLY TO BOTH IPO OR NOT ?

SIMPLY IPO WHICH SUBSCRIBE ON LAST DAY MORE THAN 20 TIMES APPLY MARKET VALUATION RULE STRANGE

okay

dilip buildcon has good roe book value based fair value 300

can u calculate fair value of various infrastructure co like knr con, ramky infra ?

yes sir anything else

RBL BANK IMPORTENT DATA. NPA-.27%,CAPITAL ADEQUACY 13.13%.DEPOSITS RAISED 20%.LOAN BOOKED 8* ROA .76% ROCE 9.76.CUSTOMER 1.8MILLIONS .VISION 2020 10 MILLIONS

Not every IPO/ OFS is jackpot. Its better to avoid this one. Better would be to invest in IRB Infra or Ahluwalia Contracts or MRB Infra if u are so desperate to invest in construction and contracts companies. Not worth wasting ones money in this IPO.

Correction MBL infra and not MRB. Was thinking of IRB and wrote MRB by mistake.

S P APPRELS LOOK MORE PROMISING

dilip buildcon subscribe karne jeisa he ki nahi koi batayega plz

(Refer Page No 92 of RHP dated 19th July 2016)

S.P. APPARELS LIMITED
Face Value Per Equity Share (Rs.)      10
Total Income (Rs. in crores)      541.74
EPS (Diluted) (Rs.)      18.70
P/E       - 
Return on Net Worth (%)      29.08%
Net Asset Value/ Share (Rs.)      74.92
      

Peer Group      
      

Kitex Garments Limited
Face Value Per Equity Share (Rs.)      1
Total Income (Rs. in crores)      545.82
EPS (Diluted) (Rs.)      23.60
P/E       20.04
Return on Net Worth (%)      30.51%
Net Asset Value/ Share (Rs.)      77.34

Power Mech
Pennar
Parag

now Dilip Buildcon

Power Mech
Pennar
Parag

now SP APPARELS

ISSUER COMPANY : S.P.APPARELS LTD.,

PROMOTER : MR. P SUNDARARAJAN & MRS. S LATHA

BUISNESS : LEADING MANUFACTURER & EXPORTER OF KNITTED GARMENTS FOR INFANTS & CHILDREN IN INDIA. IT ALSO MANUFACTURE & RETAIL MENSWEAR GARMENTS IN INDIA UNDER THE BRAND “ CROCODILE”. SECOND LARGEST EXPORTER AMONG MANUFACTURERS OF KNITTED GARMENTS FOR INFANTS & CHILDREN IN INDIA IN TERMS OF REVENUE IN THE F.Y.2014.PRODUCT RANGE FOR KNITTED GARMENTS FOR INFANTS & CHILDREN INCLUDES BODY SUITS,SLEEP SUITS,TOPS & BOTTOMS.

INDUSTRY:TEXTILE

PEERS : KITEX GARMENTS LTD.,

OFFER OPENS ON : AUG 2, 2016

OFFER CLOSES ON : AUG 4, 2016

PRICE BAND : WILL BE DECLARED 5 WORKING DAYS PRIOR TO ISSUE OPENING DATE.

BID SIZE : WILL BE DECLARED 5 WORKING DAYS PRIOR TO ISSUE OPENING DATE.

ISSUE SIZE : FRESH ISSUE OF RS. 215 CRORES + OFS UP TO 9,00,000 SHARES

ALLOCATION : 50% QIB, 15% NII & 35% RETAIL

LISTING : BSE & NSE

REGISTRAR : LINK INTIME

ISSUER COMPANY : DILIP BUILDCON LTD.,

PROMOTER : MR. DILIP SURYAVANSHI, MS. SEEMA SURYAVANSHI

BUISNESS : DBL IS ONE OF THE LEADING PRIVATE SECTOR ROAD-FOCUSED EPC CONTRACTORS IN INDIA. CO., IS SPECIALIZE IN CONSTRUCTING STATE & NATIONAL HIGHWAYS, CITY ROADS, CULVERTS & BRIDGES. CO., CORE BUSINESS IS UNDERTAKING CONSTRUCTION PROJECTS ACROSS INDIA IN THE ROADS & IRRIGATION SECTORS. BUSINESS COMPRISES OF CONSTRUCTION OF ROADS, IRRIGATION & URBAN DEVELOPMENT PROJECTS ON AN EPC BASIS, INFRASTUCTURE DEVELOPMENT UNDER WHICH UNDER WHICH BUILDING, OPERATION & DEVELOPMENT OF ROAD PROJECTS ON A BOT BASIS WITH A FOCUS ON ANNUITY PROJECTS.

INDUSTRY:INFRASTRUCTURE

PEERS : J KUMAR INFRAPROJECTS LTD., SIMPLEX INFRASTRUCTURES LTD., MBL INFRA LTD., IRB INFRA STRUCTURE DEVELOPERS LTD., PNC INFRATECH LTD., & SADBHAV ENGG LTD.,

OFFER OPENS ON : AUG 1, 2016

OFFER CLOSES ON : AUG 3, 2016

PRICE BAND : RS. 214 – RS. 219

BID SIZE : 65 EQUITY SHARES & IN MULTIPLE THEREOF

ISSUE SIZE : FRESH ISSUE OF RS. 430 CRORES + OFS UP TO 1,02,27,273 SHARES

ISSUE SIZE : RS. 648.86 CRORES AT LOWER END & RS. 653.98 CRORES AT UPPER END

ALLOCATION ( AMOUNT AT UPPER END ) : 50% QIB ( RS. 326.99 CRS ), 15% NII ( RS. 98.10 CRS ) & 35% RETAIL ( RS. 228.89 CRS )

LISTING : BSE & NSE

REGISTRAR : LINK INTIME

Hi Eagleye ji,

Cairn India - vedanta merger deal

what is redeemed preference shares?

Do we invest in such construction contractors & Builders ?

WHAT IS ITS BOOK VALUE AND ROE ?

BOOK VALUE & ROE and whatever else you may need to arrive at your infamous "fair value" calculation ...

You shall find the answers to your questions on pages 105 - 107 of the RHP ...

I hope this information suffices your requirements