Dilip Buildcon Ltd IPO Message Board (Page 38)

18. sunishar | Link | Bookmark | July 23, 2016 1:34:39 PM

looking at his recent financial track, seems this company made hay when congress was in power and now struggling in bjp govt. I might b wrong but ve a perception that these road making companies performance is very much linked to the political parties in power. what are UR opinions?

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18.1. Septa | Link | Bookmark | July 23, 2016 1:47:19 PM (4000+ Posts, 4600+ Likes)

Actual it is other way round the promoters r very closet present ruling party also it operates main from MP and other state where BJP is in power

http://indiatoday.intoday.in/story/rs-1000-cr-in-unaccounted-wealth-seized-from-bjps-close-aides-in-bhopal/1/201794.html

18.2. Septa | Link | Bookmark | July 23, 2016 1:53:09 PM (4000+ Posts, 4600+ Likes)

http://timesofindia.indiatimes.com/city/bhopal/I-T-raids-on-Dilip-Buildcon-Limited-SR-group/articleshow/14308694.cms

18.3. Septa | Link | Bookmark | July 23, 2016 1:55:45 PM (4000+ Posts, 4600+ Likes)

https://ndsharma.wordpress.com/2016/02/14/dilip-buildcon-reduces-ipo-size/

http://www.samaymaya.com/NewsDescription.aspx?id=861

18.4. Chem cho | Link | Bookmark | July 23, 2016 2:35:19 PM

IPO Guru (2600+ Posts, 2700+ Likes)

CAN IT be risky to apply in any company were IT raids were conducted , HOW did SEBI allow for the issue to go through

I will have to think ,

sepatji what are your views as you have gone through the link

18.5. Eagleye | Link | Bookmark | July 23, 2016 2:44:23 PM

IPO Guru (6600+ Posts, 22000+ Likes)

Reminds me of ARSS

18.6. Septa | Link | Bookmark | July 23, 2016 2:59:19 PM (4000+ Posts, 4600+ Likes)

chemji u r right better be safe then sorry...... However in india these things happen In my professional life more then me my dad professional life he had many tangles with IT department for his clients...... I think is clear Dilip Buildcon will benefit a lot from recent government push....However with so much regulator issue Corporate governance will be problem.... Plus at 219 it is not like is cheap valuation compare to peers.

ARSS yap 1500 to single digit fall BTW it know back to 100 lot of wealth was lost

18.7. Septa | Link | Bookmark | July 23, 2016 3:10:27 PM (4000+ Posts, 4600+ Likes)

Just an observation Eagleye to remember ARSS promoter issue with IT and murder case which happened 6 years back make me think are u really a novice or beginner as u have mention...... or a old hat.....

18.8. Aman | Link | Bookmark | July 23, 2016 4:34:19 PM

I hv d similar observation whether she is Mechanical Engineer or a old market veteran.

I personally have lot of interest in market but my knowledge base is just 3 years old , being I had started taking interest in market after my CA completion.

Despite such a interest, I had never heard about ARSS being there is no major news since last 3 years

18.9. Chem cho | Link | Bookmark | July 23, 2016 5:00:00 PM

IPO Guru (2600+ Posts, 2700+ Likes)

if the directors or concerned officers of govt who gave contract are not in police custody in jail , after the raid then it may not be that serous , issue . if any serious issue crime take custody for at least six months , and then cases go on ,
if the issue subscribes over 3 to 4 times i may apply

chance of allotment is less , still there is time pl check if you can get details of their raids

18.10. Chem cho | Link | Bookmark | July 23, 2016 5:00:38 PM

IPO Guru (2600+ Posts, 2700+ Likes)

18.11. Chem cho | Link | Bookmark | July 23, 2016 5:13:09 PM

IPO Guru (2600+ Posts, 2700+ Likes)

n 2007,[7] acting on the complaint of Congress leader and lawyer Ramesh Sahu, the Bhopal Court had ordered an inquiry against the Chief Minister and his Wife Sadhna Singh in "Dumper scam". Sadhna Singh had allegedly bought four dumpers for Rs 2 crore and later leased them to a cement factory. The allegation was that Sadhna named her husband as SR Singh at the time of purchase, and also gave a false residential address. Thereafter, the Lokayukta police began to probe the case after registering a case under Section 420 of IPC and Prevention of Corruption Act against the CM and his wife on 15 November 2007. The opposition demanded his immediate resignation[8] but he refused to step down. However, in 2011, the Lokayukta report submitted before the court in February, had observed that the investigators could not find any basis on which the Chief Minister and his wife could be charged, hence giving them a clean-chit.

During a raid on two influential Bhopal-based businessmen Dilip Suryavanshi and Sudhir Sharma, the income tax department had recovered diaries which had entries claiming that the two ministers had been paid bribes. Singh claimed that complaints against the two ministers are pending before the state Lokayukta but the Chief Minister has not accorded sanction against the two yet.[9]

NOTE PL

THIS CHEIF MINISTER will not give sanction , so nothing can be done ,
when the new chief minister comes , he is against the director case can be opened , till then we can enjoy listing gains

18.12. Haar Jeet | Link | Bookmark | July 23, 2016 11:09:42 PM

Top Contributor (300+ Posts, 200+ Likes)

Septa ji "sahi pakde hain"
ON EE

18.13. Septa | Link | Bookmark | July 23, 2016 11:44:11 PM (4000+ Posts, 4600+ Likes)

6142.6. mehul mehta Jul 23, 2016 5:38:15 PM IST
Advanced Enzyme Technologies Ltd IPO

NP RATIO DECIDES PE RATIO OF STOCK HIGH NP RATIO HIGH PE RATIO AND VICE VERSA

HIGH NP = HIGH PE ( JOKE OF THE YEAR)

IN KABALI STYLE CERUPPUDAA ( FOR NON TAMIL JOOTE PADAGAY)

18.14. Kabali | Link | Bookmark | July 24, 2016 2:40:04 AM

@ septal ji.... interesting observation abt eagleeye....

17. Ipo tracker | Link | Bookmark | July 23, 2016 12:59:53 PM (500+ Posts, 200+ Likes)

Taking issue size of 653.98crs as basis, retail category of 35%, translate into 1,60,795 lots of 65 shares each.
Allotement ratio can be not more than 1/5.

16. Septa | Link | Bookmark | July 23, 2016 12:47:42 PM (4000+ Posts, 4600+ Likes)

The government is planning to award 25,000km of road projects in 2016-17, compared with 10,000km in 2015-16. This has raised the growth potential for road developers looking to win new orders......

15. SNEHAL SHAH | Link | Bookmark | July 23, 2016 12:15:31 PM

Good Morning , Egaleyeji,
I am new to this Board. you have provide quite important information well in time to all of us.
Thank you from all of us.

15.1. Arup jamshed | Link | Bookmark | July 23, 2016 12:27:58 PM (900+ Posts, 300+ Likes)

Welcome,snehal

14. Eagleye | Link | Bookmark | July 23, 2016 12:10:25 PM

IPO Guru (6600+ Posts, 22000+ Likes)

GMP 48-50

14.1. Meet D Shah | Link | Bookmark | July 23, 2016 12:15:04 PM

Eagle Eye, How Much Shares Allocated to Retail Investors or Total Application to Retail Category ? What Your Take for this IPO Like Any Suggestion ?

13. ~~Mukesh Modi~~ | Link | Bookmark | July 23, 2016 12:07:14 PM

http://ipoinformationport.blogspot.in/

12. j p shah | Link | Bookmark | July 23, 2016 12:06:43 PM

This forum is very useful to me from some time. I am following it regularly and by following tips made good profit. Thanks alot.

11. bipin kedia | Link | Bookmark | July 23, 2016 11:36:42 AM

dilip buildcon kostak rate

10. Eagleye | Link | Bookmark | July 23, 2016 11:32:44 AM

IPO Guru (6600+ Posts, 22000+ Likes)

Dilip Buildcon Ltd.,: IPO Update
Issue Opens On: 1Aug, 2016.
Issue Closes On: 3 Aug, 2016.
Price Band: Rs.214 - Rs.219.
Bid Size: 65 Eq Shs.
Issue Structure: Fresh Issue of Rs.430 Crs + OFS upto 10227273 Eq Shs.
Issue Size: Rs.648.86 Crs at Lower Band & Rs.653.98 Crs at Upper Band.
Allocation: 50% QIB, 15% NII & 35% RETAIL.
Listing: BSE & NSE.

10.1. satish krs | Link | Bookmark | July 23, 2016 11:37:24 AM

Thanks for providing information......

10.2. pramod Arya | Link | Bookmark | July 24, 2016 1:32:26 AM

Due to such type of accurate reporting everybody was requesting Eagleye to post.

9. Lahari | Link | Bookmark | July 23, 2016 11:30:08 AM (300+ Posts, 300+ Likes)

Construction companies are facing high debts. Please let us know the debt figures of this company.

9.1. Septa | Link | Bookmark | July 23, 2016 12:07:22 PM (4000+ Posts, 4600+ Likes)

debt is not a issue..any case this EPC and BOT construction have high debt what is important is interest coverage ratio....... so make ur decision not based on debt but ICR which really tills the health of the balance sheet......

8. aryan gupta | Link | Bookmark | July 23, 2016 11:15:44 AM

DBL
PRICE BAND 214-219
LOT 65 SHARES

7. Sunilbaba | Link | Bookmark | July 23, 2016 10:51:45 AM

Koi help karo yaar, mere pass PHYSICAL shares certificates he bahot sare company ke, Jo mere father aur grand-father k name pe he, koi koi certificates me SURNAME alag he..to ye shares transfer karna he mere name pe to koi please process bata shakta he...?
89 76 211 511
Arethiya@yahoo.CO.in

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7.3. Ipo tracker | Link | Bookmark | July 23, 2016 1:15:39 PM (500+ Posts, 200+ Likes)

Agar nominee ka naam hein, to jyada dikkat nahi aayegi.

7.4. Prashant Kumar | Link | Bookmark | July 23, 2016 3:39:11 PM

Hello Sunilbaba, jis shares ke rate aa rahe hai us shares ko transfer karane me phayda hai.Aap kaha rehte hai? I am in delhi. if you want I can help you.

6. gala | Link | Bookmark | July 23, 2016 10:24:18 AM

IPO Mentor (500+ Posts, 200+ Likes)

Septa sir I wanted to buy some stocks for long term .... as u said IT sector now looks as good buying ? Which stocks in IT sector and sir some long term shares apart for equitas ujjivan ...?

5. Terminator | Link | Bookmark | July 23, 2016 10:09:46 AM

Dilip Buildcon Limited IPO

OPEN-Monday August 01, 2016
CLOSE-Wednesday August 03, 2016
ISSUE SIZE-Fresh Issue of up to 430.00 crores and an offer for sale up to, 10,227,273 Equity shares by the selling shareholders
PRICE-Announced in 3 to 4 working days

4. Chem cho | Link | Bookmark | July 23, 2016 9:16:49 AM

IPO Guru (2600+ Posts, 2700+ Likes)

Again small issue ,

3. Lokesh Jain | Link | Bookmark | July 23, 2016 8:55:07 AM

Dilip Buildcon Limited
Revenue from operations & other Income (Rs. in crores)      4348.98
Face Value Per Equity Share (Rs.)      10
P/E       -
EPS (Diluted) (Rs.)      16.79
Return on Net Worth (%)      19.64%
Net Asset Value/ Share (Rs.)      85.48


Peer Group


J. Kumar Infraprojects Limited
Revenue from operations & other Income (Rs. in crores)      1426.28
Face Value Per Equity Share (Rs.)      5.00
P/E      14.93
EPS (Diluted) (Rs.)      14.91
Return on Net Worth (%)      8.04%
Net Asset Value/ Share (Rs.)      169.60

Simplex Infrastructures Limited
Revenue from operations & other Income (Rs. in crores)      5997.82
Face Value Per Equity Share (Rs.)      2.00
P/E      19.24
EPS (Diluted) (Rs.)      13.83
Return on Net Worth (%)      4.31%
Net Asset Value/ Share (Rs.)      320.98

KNR Constructions Limited
Revenue from operations & other Income (Rs. in crores)      1037.53
Face Value Per Equity Share (Rs.)      10.00
P/E      12.42
EPS (Diluted) (Rs.)      44.94
Return on Net Worth (%)      18.13%
Net Asset Value/ Share (Rs.)      247.83

MBL Infra Limited
Revenue from operations & other Income (Rs. in crores)      2348.62
Face Value Per Equity Share (Rs.)      10.00
P/E      5.62
EPS (Diluted) (Rs.)      21.30
Return on Net Worth (%)      11.98%
Net Asset Value/ Share (Rs.)      177.86

Sadbhav Engineering Limited
Revenue from operations & other Income (Rs. in crores)      3922.14
Face Value Per Equity Share (Rs.)      1.00
P/E      NA
EPS (Diluted) (Rs.)      -2.73
Return on Net Worth (%)      -2.60%
Net Asset Value/ Share (Rs.)      104.81

Ashoka Buildcon Limited
Revenue from operations & other Income (Rs. in crores)      2666.58
Face Value Per Equity Share (Rs.)      5.00
P/E      50.66
EPS (Diluted) (Rs.)      3.12
Return on Net Worth (%)      3.13%
Net Asset Value/ Share (Rs.)      99.85

IL&FS Transportation Networks Limited
Revenue from operations & other Income (Rs. in crores)      8730.03
Face Value Per Equity Share (Rs.)      10.00
P/E      9.53
EPS (Diluted) (Rs.)      7.70
Return on Net Worth (%)      4.65%
Net Asset Value/ Share (Rs.)      203.47

IRB Infrastructure Developers Limited
Revenue from operations & other Income (Rs. in crores)      5254.14
Face Value Per Equity Share (Rs.)      10.00
P/E      11.79
EPS (Diluted) (Rs.)      18.09
Return on Net Worth (%)      13.17%
Net Asset Value/ Share (Rs.)      137.35

PNC Infratech Limited
Revenue from operations & other Income (Rs. in crores)      2411.24
Face Value Per Equity Share (Rs.)      10.00
P/E      13.54
EPS (Diluted) (Rs.)      42.11
Return on Net Worth (%)      16.50%
Net Asset Value/ Share (Rs.)      255.28

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3.1. Eagleye | Link | Bookmark | July 23, 2016 9:58:10 AM

IPO Guru (6600+ Posts, 22000+ Likes)

Lokesh Jain Sir,

Good Work ... Good Format ... (page 107 of RHP)

Seeing this data ... I think the IPO price should be around 225 ... what you you think ?

3.2. Lokesh Jain | Link | Bookmark | July 23, 2016 11:07:27 AM

@ Eagleye Ma''am

Thanks, appreciated!!!!!

3.3. Lokesh Jain | Link | Bookmark | July 23, 2016 11:11:29 AM

@ Eagleye Ma''''am

Industry Composite P/E is 17.21 (Page 106 of RHP) & EPS FY 16 is 16.79 then the price comes to Rs. 289/- which is on a higher side. So I think anything below Rs.289/- is good. As you said the price should be around Rs.225/- then P/E comes to around 13.40 which looks good.

Kindly let me know your take.

3.4. Septa | Link | Bookmark | July 23, 2016 12:24:31 PM (4000+ Posts, 4600+ Likes)

As the price band on upper side is 219 give it is PE of 13 currently has a debt of Rs 2,000 crore debt reduction will help the bottom line but debt is worry

PNC infra is available at same valuation and lower Debt

3.5. Lokesh Jain | Link | Bookmark | July 23, 2016 12:33:19 PM

Absolutely Sir,
But they are in " Construction & Contracting - Civil " sector where debt is the part of there business.

3.6. Nobil | Link | Bookmark | July 23, 2016 1:20:06 PM

Ty for providing information Lokesh sir

3.7. IPO Bhavnagar | Link | Bookmark | July 23, 2016 1:32:25 PM (300+ Posts, 200+ Likes)

Agree.. PE of 13 is fairly valued.. Seems slightly costly, can not say costly, but, not much margin left for listing gains.. Will not see a very huge response.. Maximum it can go is 240 only.

2. Rkg | Link | Bookmark | July 23, 2016 7:14:33 AM

Top Contributor (500+ Posts, 200+ Likes)

Panch din pale Ayesha.

1. Neerav jaipuriya | Link | Bookmark | July 23, 2016 6:19:24 AM

Any idea about price band..