Some of our Group Companies have incurred losses in the last three preceding Fiscals and some of the corporate records of one of our Group Companies are not traceable. Our Group Companies GNA Udyog Limited and Amarsons Automotives Limited have incurred losses during Fiscals 2015 and 2014, as detailed below: Sr. No. Name of the entity Profit/(Loss) (Amount in Rs million) For the Fiscal 2015 2014 2013 1. GNA Udyog Limited (27.50) (8.95) 6.44 2. Amarsons Automotives Limited (Negligible) (Negligible) -
Guys they have losses in other business think before invest
We have had negative cash flows from our investing and financing activities in recent periods. Our inability to sustain adequate cash flows in the future may adversely affect our business, results of operations and financial condition. Our Company has experienced negative net cash flows from our investing and financing activities in the recent periods as indicated below: Particulars Fiscal (Amount in Rs million) 2016 2015 2014 2013 2012 Net cash generated from/(used in) investing activities (163.80) (144.58) (608.73) (543.21) (230.43) Net cash generated from/(used in) financing activities (583.64) (126.48) 239.72 148.89 (52.16)
Retailers are going crazy for this IPO. Over 4 times subscribed by retailers till now. Seems by eod it would be around 6 times by retailers.
QIB still at 0.79. Their movement will begin after 1pm
108. SkDash| Link| Bookmark|
September 16, 2016 12:19:05 PM
Top Contributor (1000+ Posts, 200+ Likes)
Is GNA Axles will be listed in "T" group (/ipo_review/gna_axles_ipo/2331/). If so, it is waste to apply since intra day transactions will not be allowed and there will be no buyers (other than those who wanted to buy for long term - are few)
how to appply gna ipo , i am having demat a/c in iifl
100. COMMONMAN| Link| Bookmark|
September 15, 2016 4:21:47 PM
Top Contributor (300+ Posts, 200+ Likes)
Simple Calculation : IF Got Allocation , 20 Gmp @ 70 Shares = 1400 Rs. Sold On Listing Day 15%Tax On Capital Gain of 1400 Rs - 210 Rs = 1190 Rs. Brokerage Expense End Of Day Might Get : 1000 Rs.
Never underestimate small companies. Not 20rs u vil get 20%. Be positive n look at previous ipo''s eg.dilip,spa. Just write down my words n reply me on end of the listing day.