Globus Spirits Limited IPO Message Board (Page 11)

      Total Shares      Market Cap (Crore)      PAT march 09      EPS      Upper Price      Lower Price      Upper PE      Lower PE
Mar-09      19757639.62      1975763962      129315000      6.5450632      100      90      15.27869127      13.75082215
Mar-10      19757639.62      1975763962      271052000      13.71884523      100      90      7.289243252      6.560318927

SPA Securites & SKP Securites have also recommended to subscribe because its issue price. I had still the nightmare of Archidply which was also recommended by all analyst. Can someone tell about company fundamentals. What's the crisil grade.

yes Caution!
you are right. SP tulsian is a third grade anaylyst.

I think it is great issue. Fairly Priced. forms are mot availbale because some mischevious broker are against this issue being amanufacturer of liquor company. Compare this company with Empee Distelleries & see the result. It is traing at a P.E. Multiple of 30. Also this company has posted an EPS of Rs.5.5/- for 1st Quater of FY 10. On conservative basis if the full year EPS comes around 18 then it should be traing around 150/- in near term.
Any further research in this casa is welcome.

hi,
has the ipo been graded ? on its fundmentals

ANY ONE HAS GOT ITS APPLICATION FORMS.

I AM AT INDORE .

FROMS ARE NOT AVAILABLE .

I ENQUIRED AT MOST OF THE BROKERS FORMS ARE NOT AVAILABLE.

IF ANYBODY CAN ARRANGE FORM AT INDORE PLEASE CALL ME>

91790 43233

.

Don't believe SP Tulsian......
He is a third grade analyst......
Don't invest in this issue.....

Hi Guys,

Globus Spirits is not a very good IPO, but people who want a return of around 20% on their invested amount can sell the application. (Kostak -1600).

Book profits and beat the market

CoachIPO

S.P. TULSIANS VIEWS------
The company now proposes to modernize and expand its production facilities with total outlay of Rs. 89 crores. This is being partly funded by term loan of Rs. 12 crores and internal accruals of Rs. 14.28 crores with Rs. 63 crores to be sourced via this IPO. All this programme will increase the production capacity of the company, energy conservation and waste use, enhancing brand presence as also improving distribution network and outlets. This would start reflecting in the financials of the company, surely from FY 11. Promoters stake in the company, post IPO, would be at around 60%, which looks comforting.


Considering all these, issue is recommended even at the upper band of Rs. 100.

Weaknesses

Products lack adequate awareness, and have limited geographical presence across the country. Dependent on a single customer for bottling of IMFL products

Does not have adequate distribution network for its products in the IMFL segments. RATING-36 CAPITAL MARKET

The industry is heavily taxed and regulated by the government.

Valuation

Globus Spirits has set a price band of Rs 90 to Rs 100 per equity share of Rs 10 face value. At the lower band of Rs 90 per share, the P/E will be 13.8 times the EPS for the financial year ended March 2009 (FY 2009). At the upper price band of Rs 100 per share, the P/E will be 15.3 times. In the breweries & distilleries industry, comparable companies such as Tilaknagar Industries and Associated Alcohols and Breweries have P/E around 5.3 and 7

what is the PE for this

WHAT IS THE POSITION OF ITS APPLICATION FORMS.

DISTRIBUTION STARTED OR NOT.

EASYLY AVAILABILITY OR CREATED SHORTAGE ! ? ! ? ! ? ! ? ! ?

can any body tell me.what is the PE of Globus at lower and upper bounds and industry avg?

hi passion,

L&T's NCD is good from 5 yrs prospective.for further details u can contact me on 9870510722.

dear all investor globus ipo is not good due to bad eps and this alcohol biz is not good for rising money so pls dont apply

This is a liquour company/Beware from this company. this will smash u after drinks. so dont apply. Only big applicants are Anthony, Bhosle, Nitin, Vishy etc. All these guies are bewda guies. other sh not apply.prakashipo

Globus appear to be good issue with around PE of 10 as its EPS is 10 on equity after issue.Grey market premium can be around 20

Can any one tell me about L&T's new non convertable rediemable debenture NCRD. How much return will I get and is it wise invest in such debentures

CAN ANYONE TELL gmp OF GLOBUS

The PE ratio comes to 14 and 16 at lower and upper band of issue price respectively. This is above average.