Eros International Media Ltd IPO Message Board (Page 47)

Dear Shreedhar

Kolkata is a crap place for business

Only thing that is successful hear is BPO sector in Salt Lake sector 5

And Jute Manufacturing and Polyster film business that also trading

Kolkata is all about consumption and services and not manufacturing

Although there are few but very few

Polyster trading margin fluctuates every 10 days just like jute trading

Raw material costs currently are increasing so polyster prices are increasing

Hence margins in polyster trading is increasing

However polyster film manufacturing companies are increasing profits and better plays

Like Polyplex Garware Polyster Jindal Poly

So polyster trading is risky businesss one season you suffer heavy losses other season you enjoy good profits

Profit margins in Polyster or jute trading is 5-12 % depending on season.

Big trading firms enjoy more coz they have polyster film purchased from lower prices as well and have capacity to stock and hence are more profitable

Small trading firms are more volatile

You can find out more about Tirupati

I have heard the name from you only...so no idea

I only gave you basic of jute and polyster film trading

In fact other commodities like cotton and silk that is traded in your area in Suth

Steel trading steel scrap trading there are various commoity trading business

These are highly volatile in seasons and cycle

However polyster films witnessing boom currently and increasing prices at will due to huge demand

So volumes of trading firms even smaller ones may increase leading to higher profitability

But it is not a good business . I mean not that high growth industry like power education healthcare construction etc.

Regards

Setu

TO GET BEST RETURN COULD BE SEEN : -

MY
PRIORITY No.1.TIRUPATI INK
PRIORITY No.2.INDO SOLAR
PRIORITY No.3.Eros
PRIORITY No.4.Orient green power
PRIORITY No.5.Ashoka
PRIORITY No.6.Carrier Point
PRIORITY No.7.Va tech bag
.

117.S C Gupta..u done fantastic job...but where is tirupati inks ltd? ....it's also want 2 join d party.

16 IPO expected in SEP. 1.Indo solar 2.microsec finance 3.V A Tech Wabag 4.Career point 5.Orient green 6.Commercial engineers 7.Electrosteel intergrated 8.Ashok Buildcon 9.Eros international 10.Inventure growth 11.Sea tv network 12.Techpro system 13.Cantabil retail 14.You boradband & cable 15.Vigro engineers 16.Bedmutha industries

@shreedar
i have purchased on 9 th of this month so can i get a benefit or not so if not then i will come out of this. plz give me your advice.....................

PL DICUSSS REGARDING EROS IPO

Thanks Gem,

For the valuable inputs.

All 3 cos are good choices but the only problem I foresee for 2 of them atleast is the cyclical nature of steel business.When to enter n exit ?

BADHA BHAI BAHENONE MARA 'MICCHAMI DUKKADAM'

which is the best ipo to apply

Dear Saharanpurji

Your freind is obviously a veteran is correct.

Even vateh has given LD (/Late delivery ) fines that significantly impacts its profits...and has in 2008....due to lack of expertise.

However its technology is advanced than Indian peers.

It was a subsidary previously which bought out the parent itself and has 6 subsidaries worldwide....

so they are filling the gap as far as skills are concerned this year.

Indian market is at nacent stage rite now

Still they have got big orders like Commenwealth order, Chennai municipal and in process of some key orders in India.....

They are just carrying their operations as far as r&d etc. is concerned which they recently said in interview...coz that enables them cost savings in India.

However they execute orders abroad now...you can find those orders as on 2011 2012 2013 in their DRHP

Execution risk will always be there. But as the industry matures there will be more vocational and training centres as more talents will be attracted to it. This risk they have to take..in a nacent industry

Speaking about ROE on projects...currently they enjoy as on 2010 15-20% IRR on projects even 30% in some projects...that is healthy enough for Infra companies.

Sj,

On friday he premium had come down to 270-280 . will check the latest GMP on monday n let you know.

R u sure about dates about Vatech .

I spoke to my friend who is a veteran of water sector having worked in Degremont for nearly 10-15 years.he says the problem in water sector is not of getting orders but of execution as skilled manpower is very scarce & low profitability.About atech most of it business is from India N its akin to Andho Me Kana Raja .

Dear Saharanpurji

yes microsec is clear avoid

cp will give higher listing gains

wa tech opening on 15th till 17th

price band between 1250-1400..most likely

wa tech is long term.....

What i am doing for wabag is i want to apply 400 shares

so what i am doing is bought 200 from grey

i have five demat accounts....so will apply thru reatil for full appplication thru 5 accounts.......i.e. 80*5 400 shares....

Since price band is of 4 figures..however gud prospets it has.....retail will not apply more than 3--4 times... I will get anything between 100-150 shares....that can mitigatee my premium risk in grey of 300....coz it may just give that much gain only

you can do that also....

Although i am planning long term...


Whatt is the rate rite now for watech...ii mean premium ?

gem,

Nice list of your calcutta based cos
Amongst I find interesting following cos
- Gillanders
- SPML Infra
- Jayshree Tea
- Jai balaji

Shud we buy them
What are your top picks from secondary market

Tirupati Inks FPO gets the SEBI nod
Announcement / Corporate August 27, 2010, 18:55 IST

Tirupati Inks Ltd., a Kanpur-based company, engaged in the manufacturing of printing inks and giving complete packaging solutions, has received SEBI’s approval for a Follow on Public Offering (FPO). The Issue comprises of equity shares of the face value of Rs 10 aggregating to Rs 5150.00 lakhs, of which Rs. 1151.00 lakhs allocated towards the promoter’s contribution and Rs 3999.00 lakhs allocated towards the net issue to public. The FPO is slated to open shortly.

Tirupati Inks Ltd. has rolled out an elaborate organic and inorganic growth plans to augment its position in the segment. It is setting up an additional facility for manufacturing of Specialty Inks like Digital Inks, UV Inks, Offset Printing Inks and Ink Concentrates to extend existing product range of the company which include Rotogravure Inks and Flexographic Inks used in Printing of Flexible Packaging Material. In addition to this, the issue proceeds are proposed to be used for company’s inorganic growth plans by way of acquisitions and strategic investments. The proceeds from the FPO would be deployed to finance the growth agenda of the Company Out of the offer, 50 per cent of the net issue is to be allotted on a proportionate basis to Qualified Institutional Buyers, of which 5 per cent will be available to Mutual Funds. 35 per cent of the Net Issue is allocated for Retail Investors and the remaining 15 per cent is allocated to non-institutional bidders.
The shares of Tirupati Inks Limited is presently listed on Delhi Stock Exchange and after this FPO, the shares will also be listed on Bombay Stock Exchange. Ashika Capital Limited is the Book Running Lead Manager.

About Tirupati Inks Ltd:
Tirupati Inks Ltd, listed on the Delhi Stock Exchange a Kanpur based company with a turnover of Rs 7166.81 Lakhs for the year ended March 2010. Company has registered a net profit of Rs 215.42 Lakhs for the year ended March 2010. Tirupati Inks is in the business of formulation of state-of-the-art printing inks for the world wide graphics/printing and flexible packaging industries. The company has two manufacturing facilities at Kanpur & Jammu. The Kanpur unit of the company has a capacity of 1000 M.T on a single shift basis and manufactures Gravure Printing Inks for Films, Paper, Aluminum Foils and Woven Sack. It also manufactures Rotogravure Printing Cylinders. The second unit at Jammu has a capacity 840 M.T on Single shift basis and specializes in manufacturing Gravure Inks for Polyester films, BOPP Films, Water Base Inks.

orient green is a loot power ipo comming size about 900 cr.prometer of shriram epc,shriram city union,shriram transport gmp 9-10

Tirupati Inks FPO opens on Sep 14; price band Rs 41-43

http://www.myiris.com/newsCentre/storyShow.php?fileR=20100911190713194&dir=2010/09/11&secID=ipo

how we shall use our fund, every thing @ same time.....

SREEDHAR,

I WILL DISTRIBUTE MY FUNDS AS FOLLOWS;-

1) 30% IN VATECH WABAG
2) 30% IN EROS
3) 25% IN CAREER POINT
4) 15% IN MICROSEC,

I THINK THAT LISTING GAIN WILL BE MORE OR LESS SIMILAR WRT ALLOTMENT, SO I HAVE DONE HIGHER ALLOCATION WHERE IPO SIZE IS BIGGER AND CO IS RELIABLE.

I M NOT AT ALL IN A POSITION TO GO FOR ALTERNATE ENERGY CO WHETHER INDOSOLAR OR ORIENT ON THE COST OF LEAVING OTHER IPO OPENED RIGHT NOW.

ANY CHANGE U SUGGESTING ??? PLZ.

U KNOW SJ IS VERY CLOSER TO MY RESIDENCE HE EVERYDAY CROSSES MY HOME.


WHATS UR ALLOCATION.

BJ,
Dabur has already gone ex bonus.

GEM,
Chalo now tell me your strategy.It seems we would get funds for Orient only if we apply for Indosolar.I will take final decision reg. Indosolar only at 245 PM on 15th.Looks like as in the case of Jewellary companies there is no Institutional appetite for solar companies .So I would go for Indosolar only if FII is subscribed more than 8-10 times.I do not care for HNI & retail response,those two segments the lesser the better.

LOL

Good sense of detailing all the companies around

I cross everyday thru canning

My office is in Clive Ghat street..yaar..

see the world is so small..?