Gujarat Pipavav Port Ltd (GPPL) IPO Message Board (Page 52)

QIB 13.20 times

NII 48 times

Retail 4 times

GMP 9.5 per share

Exp Listing at 57-60

GPPL at 03:05:00      
QIB       13.20
RII       51.74
Retail       4.08
Total       14.22

This will give 15-20% listing gains for sure....

490 Kiran, I JAST TALK WITH MY BANKER ICICI THEY TOLD ME THAT THEY WILL CHARGE INTEREST ON OVER DRAFT ACCOUNT EVEN I APPLY THROUGH ASBA. CAN U ASK YOUR BANKER AND REPLT ME BACK?

plz give formula to calculate retail sub its urgent plz request to all plz

NSN
TU BADA MAJAK KARTA HA YAAR

plz give formula to calculate retail sub its urgent plz request to all plz

plz give formula to calculate retail sub its urgent plz request to all plz

plz give formula to calculate retail sub its urgent plz request to all plz

Don't worry about this stock guys.... We all know what people said about Prakash Steelage... That it is not a good company and will list on discount.... Don't misguide people... Investors are here to solve their problems and queries not for the fake news. If anyone knows some good/bad about the companies they can give their opinion with proof. Otherwise let them just speak what they want to.... But the result will be on listing day... lets see what happens... hope for good

HNI more than 50 times already

share 9-9.50 RS

Don't miss the opportunity

GPPL at 02:35:00      
QIB       13.20
RII       36.87
Retail       3.60
Total       12.32

GMP
BADE JALDI BATAYA BHAI TUNE. THANKS

LOSE MAKING COMPANY DONT APPLY INVESOTRS WANT TO GET OUT FROM THIS COMPANY BY IPO

will list 5rs down from the issue price ............sell application in gray market ...

425. Mukul / 355. ASHA / 341. Srini

Good asset but lack of current earnings power makes it avoidable for listing gain.

The thing that jumps at you when you look at the income statement of Gujarat Pipavav is the huge interest expense. 60% of the proceeds from issue will be used to repay the debt. The company states that funds from this IPO will be used for prepayment of loans, which forms the bulk of its utilization from the IPO proceeds.

The company was paying very high penalty as a result of not meeting the traffic volume obligation towards the Western Railways. This amount has now dwindled and may become nil as volumes already showing signs of surpassing the minimum guaranteed amount, as per brokerage house reports.

Hence, two big draggers of profit– borrowing costs & guarantee payments are likely to come down in the future. In fact, CRISIL expects the leverage of the company to come down from 4.7x in Sep 2009 to 0.9x in CY 2012. So, the company could be looking at an improved profitability in the coming years.

This stock may be a good buy for all the infrastructural growth faithful but not for a listing gain. This company still has to prove it can generate earnings on a sustainable basis. A number of PE players have paid more than the issue price in this company.

IPO is at a price at which it invested when it acquired the company in 2005. The PE investors who are offering shares for sale is selling half of their stake at a loss and this is without taking into account the fact that it was invested for five years.

IPO is offered at around 50% discount to the Mundra port valuation. Its discount to Mundra Port is justified given the latter's larger scale of operations, revenue from its SEZ and higher profitability growth.

Looking from a tactical perspective, do not expect significant listing gains. Valuations appear a bit stretched even at substantial discount to Mundra Port. In addition, there is an offer to sell by the existing shareholders aggregating nearly Rs 56.2 crore which is around 11% of issue size. Investors with a three-four-year perspective can invest in secondary market around 42 (Fair value estimated at 94 ~ (*50% discount is 47 – 11% issue size could be sold by PE Funds which is exit route ~ 42 is estimated fair value).

Could anybody pass me the reference site to check the subscription figures?

I wonder how come your all are so updated with this. Is tr any good site for this?

Thanks and cheers!

Very Good Question for my point of View, Alpesh Jain. I also have the same doubt.

Is interest charged in OD A/C If i opt ASBA?

Anand Chandak, do u have any more site from where u have such a good info collection apart from the website of NSE ?

QIB 13.2
HNI 32.32
RII 3.12