Godrej Agrovet Limited IPO Message Board (Page 50)

Why no Shareholder category in SBI ASBA? Is it available in any bank other than IDBI? Can one apply in both shareholder and Individual category via same PAN and will both be treated valid applications? Experts please confirm.

Godrej Agrovet Limited IPO
Latest Subscription Figures as on Day 2 @ 2:50 pm
QIB = 0.29+0.66 = 0.95x (NSE+BSE)
HNI = 0.13+0.27 = 0.40x (NSE+BSE)
RII = 0.68+1.60 = 2.28x (NSE+BSE)
Emp = 0.05+0.15 = 0.20x (NSE+BSE)
Total = 0.44+1.02 = 1.46x (NSE+BSE)

MAS Financial:
Its loan portfolio is divided into five categories – Micro-enterprise loans, SME loans, Two-wheeler loans to farmers, self-employed, salaried individuals and professionals, Commercial vehicle loans and Housing loans.
The company has a high exposure to micro-enterprise loans - 59.5% of the loan book.
Financials:
Growing at an average rate of 26.3%, revenues jumped from 143.1 crore in FY2013 to 364.7 crore in FY2017. Profits have also maintained almost the same rate in recent years and as a result, earnings in FY2017 stood at 68.6 crore. Margins have consistently remained in the healthy range of 16.7% to 19.1% in these years.
EPS -15.3, P/E - 29.94. Asking price is not cheap. Some other peers are available at low P/E.
Risks:
The company has a high exposure to micro-enterprise loans (accounting for 59.5% of the loan book). Loan in micro finance considers as high risk.
Not much network. Presence in few states only i.e Gujarat etc. Not aggressive in expansion.
Good Factors:
Net NPA is low - 0.92%. Gross NPA to Micro Finance is 1.06%. Though almost 60% loan book allocated to Micro Finance.
Conclusions:
Apply. Listing gain is possible. Wait for mid to long term for better returns. Don’t expect listing gain like AU Finance. It will grow slowly. IPO size is small. Huge participation from retail category is expected. It will oversubscribe 8 to 10 times in Retail category. Allotment is tough.

Godrej Agrovet Limited IPO
Subscription Figures as on day 2 @ 2:10pm
QIB - 0.33X
HNI - 0.38X
RII - 1.87X
Emp - 0.15X
Total - 1.08X

It is just BSE I guess

What are the chances that If applied for IPO for more than 2 Lakh Rs/- we will get share allotment. Is there possibility that we will get some shares for sure ?

As of now as the HNI is not oversubscribed it is better to go in that category, but would like to suggest you to wait for last time subscription data and apply in last few hours of closing the IPO, if Retail category is highly oversubscribed apply in retail category with highest bid.

Hello srijith, mind your language. You can not / should not use the words ''not qualified '' Only about you, you can tell if you are qualified.

It''s a forum for mutual help and discussion. If you are genius you see everything in website. What''s your role here?

Be polite and courteous in words

Hope all goes well and if king dont fly any missile then probably the investors would be able to realise the premium on listing.
If King shoots any missile then god helps.

285184 appictions till 1 pm .....1.05 x application wise

Godrej Agrovet Ltd IPO
Subscription figures on day 2 @2pm:-
QIB - 0.30X
HNI/NII - 0.37X
RII - 1.86X
Employees - 0.15X
Total - 1.06X
Increasing slowly slowly.......
Must apply.

Subscription data pl?

people expecting subscription data at their finger tip, when they can search for previous post and bookmark the links and re-load them when they need it.

if they cannot search and find subscription data from internet, then i would say they are not qualified to know subscription figures... just apply or dont apply

Subscription data @ 1:30 PM Today.

Qualified Institutional Buyers(QIBs)       0.06 (NSE) + 0.2357 (BSE) = 0.2957
Non Institutional Investors             0.09 (NSE) + 0.2329 (BSE) = 0.3229
Retail Individual Investors(RIIs)      0.57 (NSE) + 1.1354 (BSE) = 1.7054
Employees                         0.03 (NSE) + 0.1085 (BSE) = 0.1385

Total                                0.31 (NSE) + 0.6687 (BSE) = 0.97

Application wise subscription in rii??

FOR NSE: https://www.nseindia.com/products/content/equities/ipos/ipo_current_godrejagro.htm?cat=A

FOR BSE: http://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3512

Can I apply with sharkhan trading accounf online?
Please let me know the procedure/
Thanks In advance.

Sharekhan does not facility for online application of IPO from their own website. You need to apply using ASBA from your bank account.

How is the debt equity ratio of Godrej Agrovet

SPT is the most manipulating financial advisor I have ever seen. Gul tek chandani is far better than him. I strongly recommend not to follow him.

What premium should IPO experts suggest of Godrej Agrovet listing?

How much interest we get in bank for 15 days?

Max 5% per year?

So 5/12= .44%

So if you get +0.44%...be happy...its more than what you would have got in bank!!!

Irrational Expectations always make human beings unhappy!!! If you are earning more than what you would have earned without having big risk of loosing capital...bhai you tell your heart that you made it!!!

There are enough resources to cater everybody''s need...but not GREED!!!

..........GodRej AgRovet.. ...........

- Product portfolio 5 Business (Feed, crop protection, palm oil, dairy products, Processed Food)- leading in 2

- mean 5 in 1 pack(hArd to find such Business pack)

- Top line CaGr = 16%(2013-17)
- Bottom line = 30%

Q1 FY 2018 , EPS = 3.88
=> Full year expected : 13.5-15

Let''s take 14 == PE 33 (@460)

Based on 2017 PE = 40

-----_----------------------_--------------------------_----------

CAGR of 30% and such a uniQue business can/should b command 50 PE

i.e = 50*14 = 800(7-9 months tgt)*

----_-----------------------_--------------------------_----------

--- nO exactly comparable PeeR available but Animal Feed shares, Dairy / Dairy product,Processed Food shares which hv decent growth comfortably trading 40-45 PE or even higher.

...RII forMs reqd 2.7+ lakhs and that is the best part of this godrej arm.
...M expecting 11L forms i.e = 1/4 allotment
.....but seeing some negativity it''s possible that form comes 7-8L i. E = 1/3 allot

.......ConcL........

Agrovet coming under strong brand name, diversified business, healthy financials, and most importantly Fair allotment chances.one should grab it !!

IMO Listing gain should b more than 17% in whatever mkt condition ......!!

Again SPT says Fully priced...!!!

And amazing thing is always says with fact and figures!!!

Just like said earlier for fully priced tag Salasar, Apex, dixon, Au fin and many more...!!

But mkt hai ki manta hi nahi!!!

Thanks sir

How can i apply for my family member ipo through my hdfc or kotak netbanking.because when i am trying to add beneficiary for my family member,i am not able to change investor name.

use PSU banks

Wich is better platform to apply IPO to get better allotment SBI ASBA or any demat account? Yesterday I applied Godrege agrovet IPO thru SBI ASBA till it shows it''s status as Scheduled, when I applied previous IPOs thru HDFC demat account I get application no within a click, plz suggest me...

Prakash,

You may have applied at SBI after 2 PM. If applied after 2 pm, application is rescheduled for next day...(if it is not last day)

HDFC they accept till 5 pm...so order gets executed immediately...

Its sheer luck and not the platform which decides allotment!!!

So read & fill the details carefully, act wisely & have a patient!!!

Godrej Agrovet
At 12.00 pm
Qib --.2957x
Nii--.2983x
Rii--1.4832x
Emp--.1257x
Total--.8712