Gujarat Pipavav Port Ltd (GPPL) IPO Message Board (Page 55)

Thumb rule says ,seeing QIB subscriptions that definetely it will not open with dicount.It may open at 50 and may sustain there for few days; without much appreciation.Similar to PIPApav Shipyard share remained at 55 for long & now at 110.Take your own call , so that you can appreciate your own study & knowledge.

retail sub expected 9-10 times hope so

Dear Srini,

The company is a loss making one, its an open fact. Nothing to misguide in it. I request all investors to make use of their own brain before putting money.

448 @ soumnath,

From where did you got that news, don't misguide investors.

Sorry for the duplicate comments.

But to be honest, one should apply in this IPO as a turn around in their business is definitely visible and this IPO money will help them reduce on their debt burden significantly.

Valuation

GPPL clocked a revenue growth of 31% to Rs 219.12 crore for the fiscal ended Dec 2009 and an operating profit growth of 246% to Rs 44.06 crore as OPM improved from 7.6% to 20.1%. The company seems to have benefited by improved utilization levels and consequent lower compensation to PRCL under guarantee traffic agreement with the latter. However strained by higher interest cost and depreciation the net loss was Rs 117.67 crore compared to a net loss of Rs 67.60 crore in the corresponding previous fiscal.

The company's pre-IPO book value is Rs 8.9 as the entire share premium given by the promoters and other pre-IPO allottees has been wiped out due to continuous losses. The company's revenues at Rs 219.12 crore in FY 2010 is less than half of its post-IPO equity of Rs 419- Rs 433 crore.

In view of current low capacity utilization, there is good scope for revenue and earnings growth in future especially due to improvement in economic environment and reduced interest costs on repayment of loans. So turnaround in profit looks likely but EPS will remain small due to the high equity base.

The average cost of shares for promoter: APM Terminals Mauritius is Rs 44.3. The average cost of shares for selling shareholders: The Infrastructure Fund of India LLC is Rs 42.85 and The India Infrastructure Fund LLC is Rs 66.45. Against this, the current IPO and offer for sale is at Rs 42-48. So IPO shareholders will be buying the shares around or below the price at which promoters/selling shareholders bought the shares over the last few years.

gppl should i apply or no

Why all experts are misguiding ignorent investors ? Pls everybody put yours own brain to judge the rsik involved.

HI FRIENDS,

I M BACK,

I M EXPECTING A QUICK TAKE ON PIPAVA PORT BY EXPERTS .....?

Hi BOLO TARA RA RA,

I am of the same opinion. What is (FDR + OD LIMIT) 8% ? Can you explain me in detail Ihave icici bank account..

My intention is to put the amount in Fixed deposit & have the flexibility to apply for ipo..

Thanks,
Ravi

DEAR SHREEDHAR,
PL LET ME KNOW YOUR FINAL CALL ON GPPL
THANKS IN ADVANCE
MILINDS

Dear Sreedhar,
I had applied 3 full forms in Prakash after seeing the subscription. I sold one lot of 146 for 123 in the morning and the second lot was sold at an average price of 127. I held the third lot for long and sold it from 134.50 to 180. Now I have sold all the allotted shares. Frankly speaking I did not expect such a movement. Probably a lot of people shorted and got caught.
By the by, it is heartening to read your message after a break of a few days. Were you on a tour?
The response for GPPL is also good and so I am thinking of going in with 3 full forms again.

i stick to my quotes loss making company ,
managment having several labour cases ,
having made money in engg sks, bajaj and prakash,
you can take an risk of rs 13000 ie apply for 260 shares
as premium is rs 8
s.p tulsani has recommended this issue
capital markets 47/100 points
way to wealth has said not to apply
india bulls are not that possitive ,
cricil rating 4 /5 good
at rs 45 it is cheap but you cannot get it at rs 48 stop loss rs 40

HI,SHREEDHARBHAI

GPPL KYA KARNA CHAHIYE? APPLY KARNE JAISA HAI?PRIMIUM KYA HAI?
PLEASE REPLY SIR.............

PRINCEEEEEEEEEEEEEEEEEEEEEEEEEE

350 to 465 share in one lakhs appli.alloted
yad rakhna

abut undar cuttar say on this ipo primiyam is 19.5 to 27 rs.

Dear Natarajan,
Hi.Are you applying for Pipavav?I think you had applied 1 full for Prakash.Did you sell it?I had done intraday trading in it.Bought at 122 but sold quite early at 150.However I did hold my allotment.I had put a stop loss of 109 & held them.Thought why miss an oppurtinity to make money.Tomorrow will sell it.

gppl listing gain rs. 20 rs.

hello guys apply full lot in app ,,,,in retail ctgry it will subscribe atleast 9 times,,,,,apply in gud responced

yeh saare ke saare expert kanha gaayab ho gaye?
jaipur main grey market bhav toot kar 7-7.5 aur app ka bhav 1600 ka rah gaya hai.

lagata hai saare experts ki hawa khisak gayi hai. unhone pehle to bola the ki ipo very good hai aur ab jab grey bazzaar main buyer kamjor ho gaye to sab patali galli se nikal rahe hai.

pehle main 4 badi app dalne wala tha par ab sochta hoon 1 hi bahut hai.