FREE Account Opening + No Clearing Fees
Loading...

Equitas Holdings Limited IPO Message Board (Page 77)

Loading...
430. sushil damani |   Link |  Bookmark | April 6, 2016 2:40:28 PM
Eagaleye sir, what is the circuit limit of this ipo on listing day. Reply me plz
430.2. Eagleye |   Link |  Bookmark | April 6, 2016 4:19:49 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
There are 2 steps on the listing day of any IPO

First between 9:30 - 9:45 the NSE / BSE open a window for the Price Discovery process ... the circuit filters during this period is managed very dynamically by the exchanges.

After the market price discovery takes place at 9:45 sharp .. thereafter the actual trading starts @10:00 ... after that the circuit filter band is pegged at 20% up & 20% down
430.3. GRAVITA PAROL |   Link |  Bookmark | April 6, 2016 7:24:26 PM
eagleye,
timing of discover price 09:15-09:45 @m.
429. Septa |   Link |  Bookmark | April 6, 2016 2:40:12 PM (4000+ Posts, 4600+ Likes)
just another idea on sugar front KCP sugar looking at its number and increase in price of sugar KCP Sugar & Industries Corporation has sold 84,318 quintals of sugar in February 2016, while the company has sold 2108.070 tonnes of Molasses in the same month. The company has also sold 645.250 tonnes and 24.475 tonnes of Bio-compost and Calcium Lactate, respectively. Besides, the company has sold 1060000 Bulk Litres of Ethanol in February 2016, while it sold 108.56 quintals of Bio-Fertilzer in the same month.

and most important it has very low debt compare to other sugar company this is best sugar bet based on balance sheet also it has big property portfolio in chennai and other south city which market value is in excess of few hundred cr i am put zero value
429.5. Septa |   Link |  Bookmark | April 6, 2016 3:06:38 PM (4000+ Posts, 4600+ Likes)
industry PE is around 30
429.6. Septa |   Link |  Bookmark | April 6, 2016 3:20:17 PM (4000+ Posts, 4600+ Likes)
last year it report stock loss of 40 cr becae have been good so will have bumper crop will result bumper production in a rising price
428. Eagleye |   Link |  Bookmark | April 6, 2016 2:25:15 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Equitas Holdings Ltd., - Subscription at 2 P.M.
QIB : 0.04×
HNI : 0.02×
RET : 0.38×
EMP : 0.05×
TOTAL : 0.20×
FORMS : 164,091
428.1. Eagleye |   Link |  Bookmark | April 6, 2016 5:05:06 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Equitas Holdings Ltd., - Subscription at 5 P.M.
QIB : 0.26×
HNI : 0.04×
RET : 0.60×
EMP : 0.16×
TOTAL : 0.38×
427. Eagleye |   Link |  Bookmark | April 6, 2016 2:24:50 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
What is Syndicate ASBA?

How is it different from Regular ASBA?
427.1. Septa |   Link |  Bookmark | April 6, 2016 2:43:57 PM (4000+ Posts, 4600+ Likes)
syndicate here is used as a noun (manage) both r same
427.2. GRAVITA PAROL |   Link |  Bookmark | April 6, 2016 3:05:17 PM
syndicate asba means physical form which bid by broker or banks.
426. Eagleye |   Link |  Bookmark | April 6, 2016 2:22:49 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Equitas:
GMP 18.00 -18.50
Appln 1950-2050
425. Nimesh Ariwala |   Link |  Bookmark | April 6, 2016 2:02:58 PM
Nice IPO

Good Listing above 140++++
GMP 2200 Per App...
GMP 17 Per Share...

Nimesh Ariwala
424. NAND KISHORE PARWAL |   Link |  Bookmark | April 6, 2016 1:57:37 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
26073090 in retail @ 13.49
423. Nital Chanchani |   Link |  Bookmark | April 6, 2016 1:50:35 PM
Listing date?
423.1. Nimesh Ariwala |   Link |  Bookmark | April 6, 2016 2:00:16 PM
Listing Date 21/04/2016
Above 140+++++
422. IPOANALYSIS |   Link |  Bookmark | April 6, 2016 1:45:34 PM
Did anyone have a look of its debt on books. Is it 4135 crore? Also avg cost of acq previoualy was 34 rs and now investors are exiting with good price . It is not a niche or unique play like jubiliant foodworks or just dial . Nor its a market leader. Nothing is too good and nothing is too bad. I will stay away from this one as its not exciting enough. It is better to stay on sidelines in such ipo.
422.3. IPOANALYSIS |   Link |  Bookmark | April 6, 2016 4:13:10 PM
Yeah so even that the debt is too high . The money is going for OFS and not all money going to company so debt wil still remain high
it is not cheap too issuing at 24 p/e which is still expensive. small micro finance is till risky proportion .
many good stock in finance are available in secondary market,

stay away. take a call after listing if you need to go for long term. it should not hold a range of more than 10 pc on listing day itself
422.4. Septa |   Link |  Bookmark | April 6, 2016 5:42:26 PM (4000+ Posts, 4600+ Likes)
i am not sure IPO u r not understand the business model all finance company borrow and then lend this borrowed amt. with bank they have CASA rest comes from funding bank play on the spread... better spread ratio better the bank is run.... IN case of micro finance the spread is anywhere between 12% to 15% from borrowing cost which mean if they borrow at 10% they lend at 22% this is the business model so debt will always be the part of the business.

With SFB license Equitas will benefit a lot with CASA effect.. SO IMO ur worry abt debt is not correct anyway if you not happy with company u r better to stay away
421. Eagleye |   Link |  Bookmark | April 6, 2016 1:45:25 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
In Retail Category:
applications for 25,453,980 shares
received up to 13:30 today

equivalent to 37% @upper price band
420. Jsn |   Link |  Bookmark | April 6, 2016 1:04:47 PM
Tnx Arjun patel
New high
419. tushar |   Link |  Bookmark | April 6, 2016 12:35:03 PM
Eagle eye my quiry is to stay with the allotment or sales same day.....whts ur analysis of EHLplz guide me thanks
418. Rajeev Kumar Singh aka RKS |   Link |  Bookmark | April 6, 2016 12:34:04 PM
Shivajee I have seen u requesting everyone for help on applying or not but u have not got any specific answer. I will try to help.

APPLY. Fundamentally good company.

Caution- Listing gain can''t be guaranteed. So take ur own decision. People have gotten after me n me very specifically becaI have been very vocal n forcefull on things which I feel is correct. So avoiding such recommendations altogether..

Disclaimer- I m not applying. I have moral issues with company which I have previously posted. However, others can apply.
417. mehul mehta |   Link |  Bookmark | April 6, 2016 12:31:25 PM
sensex may fall which can affect listing price much down
416. ripalrajkot |   Link |  Bookmark | April 6, 2016 12:31:03 PM
gmp jume to rajkot 2000
416.1. umesh joshi |   Link |  Bookmark | May 2, 2016 5:41:14 PM
hello I want to sell my app in gmp .. what is gmp of moothout finance ????
415. Khemka |   Link |  Bookmark | April 6, 2016 12:24:28 PM (1000+ Posts, 400+ Likes)
Retailers should apply with maximum lot of 2lakh to get allotted maximum
414. Eagleye |   Link |  Bookmark | April 6, 2016 12:01:24 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Total Pre-Issue number of Shares outstanding are 269,343,668

IPO (fresh equity) is of 720Crs @110 (upper band)
No. of Fresh equity Shares to be issued 65,454,545

Total Post-Issue number of Shares outstanding will be 334,798,213

Thus, Market Cap = 334,798,213 @110 = Rs. 3682.78 Crs (at issue price)
414.2. Eagleye |   Link |  Bookmark | April 6, 2016 12:07:26 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
No TV18 is not wrong ... Maybe they are trying to hint at something .... )

If you assume listing price @150 ... the market cap upon listing will be >5000 Crs.
414.3. Septa |   Link |  Bookmark | April 6, 2016 12:11:21 PM (4000+ Posts, 4600+ Likes)
:) i have seen the video again it says at higher end which 110 MC is 5600 Cr IMO TV18 is wrong but @150 i will take it...
413. Arjun Patel |   Link |  Bookmark | April 6, 2016 11:56:32 AM
GMPs:- Rs. 19.75-21
Application 1975-2050 @ Rajkot
413.3. Sidhu |   Link |  Bookmark | April 6, 2016 12:26:49 PM
Septa - Are you applying for this IPO?
413.4. Septa |   Link |  Bookmark | April 6, 2016 1:24:06 PM (4000+ Posts, 4600+ Likes)
yes
412. Jsn |   Link |  Bookmark | April 6, 2016 11:55:32 AM
Hi, Arjun patel
Any news gmp EHL
411. samir jain |   Link |  Bookmark | April 6, 2016 11:37:03 AM
Today 11.30 am Equitas Application GMP 1850