DRA Consultants Ltd IPO Message Board (Page 2)

24. SNBC | Link | Bookmark | October 14, 2016 4:03:31 PM

where is the market maker.
not a single lot tradedd today

24.1. ~~STOCKT~~ | Link | Bookmark | October 14, 2016 5:44:21 PM

YES THEY SHOULD HAVE IDEALLY SOLD 1 LOT

LOOKS LIKE NOONE WANTS TO SELL

23. Manipo | Link | Bookmark | October 13, 2016 11:57:26 AM (200+ Posts)

DRA lists at 20% UC

23.1. Slowrocket | Link | Bookmark | October 13, 2016 3:38:01 PM

Next vidli in making
They r into water and sewerege consultant which r in good demand from urban to villages

23.2. Earthking | Link | Bookmark | October 13, 2016 7:24:42 PM

IPO Guru (1300+ Posts, 500+ Likes)

Manipo which all broking accounts support applying SME IPO ??? Need your guidance ...

22. KAJLA | Link | Bookmark | October 12, 2016 12:53:05 PM

Company is having lot of litigations as per DRF
Delhi Jal board conceled 3 orders as per DRF order which is main source of earnings
As per DRF Company has cash surplus of 409 lakhs in invested same in MF & Other instruments for 15-16 and working capital requirement also get decreased in 15-16
why company is raising fund where as itself having surpus fund ?
As per DRF The object of the issue are to:
1. Working capital requirements
which seems incorrect
Is there any one who have answer of this?
Lets see the performance in next 1-2 year

22.1. Slowrocket | Link | Bookmark | October 12, 2016 3:49:17 PM

For infrastructure co to bid for bigger projects they need higher amount with small balance sheet they can''t bid bigger projects

22.2. ~~STOCKT~~ | Link | Bookmark | October 12, 2016 9:29:43 PM

4 crore cash in hand and p/e of 5 itself shows how much value this company has. Dont forget they wd have multiple addition of orders from pvt as well. They hv executed total order value of 2000 million before.

21. Slowrocket | Link | Bookmark | October 11, 2016 4:12:38 PM

Can go up to 95 like vidli rest
This co is also unique infrastructure space with low equity just 300 share holders

20. jkmittal | Link | Bookmark | October 10, 2016 6:23:41 PM

Dra listing on 13th Oct 2016

19. rtvvtr | Link | Bookmark | October 10, 2016 12:08:27 PM

still hold or open?????

18. VARNIRAJ | Link | Bookmark | October 8, 2016 3:11:49 PM

IPO Mentor (900+ Posts, 1100+ Likes)

When ever listing date ?
pls suggest any one..

17. nayan lakhani | Link | Bookmark | October 8, 2016 10:51:35 AM

0/2 nil allotment

16. ~~STOCKT~~ | Link | Bookmark | October 8, 2016 3:19:10 AM

GET READY FOR THE STOCK TO HIT CONTINUOUS CIRCUITS.

THIS IS GOING TO BE NEXT MULTIBAGGER JUST LIKE VIDLI RESTAURANT, MAJESTIC RESEARCH.

FAIR VALUE IS 100 RS.

Load more comments (5 replies)

16.1. Manipo | Link | Bookmark | October 9, 2016 10:24:40 AM (200+ Posts)

What''s the basis for 100 RS target price?

16.2. NKD | Link | Bookmark | October 9, 2016 7:23:48 PM

:-) sentiments

16.3. ~~STOCKT~~ | Link | Bookmark | October 10, 2016 1:07:04 AM

MAJESTIC RESEARCH WHICH IS INTO DIFFERENT BUSINESS BUT COMPARABLE BEING A BSE SME IS TRADING AT 30 P/E. IT HAS MUCH LESSER PROFITS AND SALES WHEN IT CAME WITH IPO

DRA CONSULTANT - WITH NET CASH IN HAND OF 4.2 CR, PROFITS INCREASING, SMART CITY PROJECTS,URBAN WATER . THIS BUSINESS IS HERE TO STAY.

EVEN IF I GIVE IT AS 35 P/E.IT VALUE COMES AROUND 70 RS. IF U CHECK CONSULTANCY FIRMS ARE TRADING BETWEEN 30 - 50 P/E

SO IT SHOULD RUN TO 70 RS IN 6 MONTHS AND MAYBE 100 RS IN 1 YEAR.
DONT FORGET THE DEMAND AND ONE OF THE HIGHEST SUBSCRIBED BSE SME.

16.4. NKD | Link | Bookmark | October 10, 2016 9:55:02 AM

@STOCKKT, you mentioned here that consultancy firms are trading above 30 PE can you named some the the consultancy firms. As there is no comparable listed peers According to DRHP..

16.5. NKD | Link | Bookmark | October 10, 2016 10:02:52 AM

83.1. STOCKT Oct 2, 2016 12:51:03 AM IST
DRA Consultants Ltd IPO

although old news but have lot of ligitation with delhi jal board on contract worths crores are in judicial

Still You are bullish in this stock ...

16.6. ~~STOCKT~~ | Link | Bookmark | October 10, 2016 11:40:42 AM

Nkd plz read my comments carefully.someone before was asking about delhi jal board news. I replied thats old news and provide information abt it

16.7. Manipo | Link | Bookmark | October 10, 2016 6:11:42 PM (200+ Posts)

Thanks StockT. I do think that smart city projects will help DRA. I am not sure how much it can each but price of Rs. 30 looks reasonable for now.

If smart cities order inflow increases the company may reach greater heights. This only time will tell.

15. ANIL DAGA | Link | Bookmark | October 8, 2016 12:15:34 AM

http://www.bigshareonline.com/BSSIPOApplicationStatus.aspx

LINK FOR ALLOTEMENT FOR DRA CONS. AND VALIANT

14. vijay sahajwani | Link | Bookmark | October 7, 2016 10:59:03 PM

Got allotment in 1 a/c out of 9

13. dev shah | Link | Bookmark | October 7, 2016 9:47:17 PM

allotment is out for Dra as well for valliant.i got 1lot in both.ready for circuits.

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13.3. Sultan Mirza | Link | Bookmark | October 7, 2016 11:39:13 PM

http://www.bseindia.com/investors/appli_check.aspx

13.4. ~~STOCKT~~ | Link | Bookmark | October 10, 2016 1:09:19 AM

DRA CONSULTANT I AGREE FOR UPPER CIRCUITS.

NOT FOR VALIANT ORGANICS. IT IS LARGE ISSUE AND WOULD BE SLOW STOCK COMPARATIVELY.

12. Manipo | Link | Bookmark | October 7, 2016 1:52:28 PM (200+ Posts)

Allotment is likely today

12.1. TheLearner | Link | Bookmark | October 8, 2016 2:54:39 AM

HOW MANY LOT U GOT???

12.2. Manipo | Link | Bookmark | October 10, 2016 6:08:42 PM (200+ Posts)

I got less than what I would liked to get. Amount is confidential.
Planning to hold at least for few months

11. Virajj | Link | Bookmark | October 7, 2016 12:50:41 AM

IPO Mentor (900+ Posts, 1100+ Likes)

When ever listing dna ?

10. Hexadecimal | Link | Bookmark | October 4, 2016 6:48:46 PM

The issue has been subscribed 13.79 times. Be ready for good movement back to back at least 2 circuits.

9. SNBC | Link | Bookmark | October 4, 2016 4:46:59 PM

at 10 rs bids recd-3.21cr
at cutoff 32.5 lkh
overall-3.54 cr
issue subscribes 26 times
people missed nandani and now stampede subscription going in dra
nandani was nyc issue it will open 15%-20% up
dra will not open till 4circuits
pantamoth is back

Load more comments (1 replies)

9.2. ~~STOCKT~~ | Link | Bookmark | October 4, 2016 5:55:08 PM

NANDANI WAS A RUBBISH ISSUE

DONT COMPARE IT WITH DRA CONSULTANT

PLZ VISIT NANDANI WEBSITE AND CHECK THEIR BUSINESS.

NANDANI WILL HIT LOWER CIRCUIT.

DRA CONSULTANT WOULD HIT UPPER CIRCUIT

9.3. Hexadecimal | Link | Bookmark | October 4, 2016 6:47:45 PM

Its all about timing and price of issue.
Retail investors generally apply based on performance of last IPOs. Performance of last 2-3 IPO has remained dismal before Nandani Creation such as Husys, Crown,
Now since secondary market has moved up after knee jerk reaction of Surgical Strike, retail investors flocked in.

8. IPO KING | Link | Bookmark | October 4, 2016 3:14:07 PM

KITNA SUBSCRIBE HUVA PLS SUGGEST....

8.1. Manipo | Link | Bookmark | October 4, 2016 3:31:31 PM (200+ Posts)

More than 5 times.

8.2. TheLearner | Link | Bookmark | October 4, 2016 4:32:51 PM

MORE THAN 10 TIMES

7. KAUSHIKI | Link | Bookmark | October 4, 2016 1:52:18 PM

dear sir, for the 1st time i am going to invest in a sme ipo. so i would like to know the following 2 questions?

1. can i get the shares in ipo if i would invest for a single lot?
2. can i sell it at the time of listing?

looking for your early response.

7.1. CLD | Link | Bookmark | October 4, 2016 2:05:43 PM

Top Contributor (500+ Posts, 100+ Likes)

SME IPOs are highly risky requiring at least Rs. one lakh investment. Most of them are not traded at all after some time so your investment get stuck up for years together. If you want to invest in the market then invest through SIP in mutual funds.

6. nayan lakhani | Link | Bookmark | October 3, 2016 10:47:30 PM

Septa ji
R u applying in this ipo?

5. ~~STOCKT~~ | Link | Bookmark | October 2, 2016 1:22:10 AM

http://www.business-standard.com/article/pti-stories/cbi-registers-cases-against-djb-officials-114080701493_1.html

CBI has also named in the FIR Nagpur-based DRA Consultants and Shah Consultants besides a consortium of companies including Suez Environment, SPML infra and Degremont, the sources said.

5.1. ~~STOCKT~~ | Link | Bookmark | October 2, 2016 1:51:03 AM

although old news but have lot of ligitation with delhi jal board on contract worths crores are in judicial