Gujarat Pipavav Port Ltd (GPPL) IPO Message Board (Page 70)

@ Vishal

Chalo finally koi to hai jo proper facts dey key appni baat rakhta hai......I just blog on this website bcoz....of sensible people like you....even if someone differs and argues with proper facts.....instead of posting imaginations..and preconcieved notions....he is sensible....

Vishal did you gooogle and find this out can you tell me how to research thi info you have posted ?

Friends,

GOV OF SINGAPORE AND the Government Pension Fund of Norway sees opportunity in GPPL.

So its definitely has to b great issue over long term, pricing is reasonable if it is able to turn to profit in next 2 to 3 years.

Regards,
Vishal

very good ipo agar price 200 bhi rak diya jai tho bhi 20 times over subcribe ho jai, boolo very very good.

People who are calling this company cheater are far smarter than Crisil who has give rating 4.

People who are calling this company fraud are actually they want to apply for this IPO and want other people to stay away so that these people can get more allotment.

Guys just use your brain and the past example of EIL, HMVL, SKS and Bajaj.

DONT APPLY.

THIS IS A "RPOWER" TYPE IPO. AVOID OR SELL IN GREY.

Prabhudas Liladhar and First Choice advice to Subscribe to Gujarat Pipavav IPO:

The key highlights of their research report are as follows for subscribing:----

1)APM Terminals, one of the world’s largest terminal operators with a global network of 50 terminals in 34 countries, acquired 13.5% equity in the company in 2001. In 2005 APM terminals acquired management control by purchasing shares from SKIL group. Currently APM Terminals own 57.9% of the company’s stake.In the year ended December 31, 2009, APM Terminals handled 31.0 million TEUs and had revenues of more than US$3.00 billion. APM Terminals is part of APMM Group, which had revenues of US$48.5 billion for the year ended December 31, 2009. Owing to its relationship with APM Terminals company gets access to modern technology, operational knowhow,best industry practices, increased bargaining power and competitive rates for purchase of port equipment, and access to experienced personnel resources from APM Terminals. This is likely to benefit the company in the long term.In addition to this shipping major “Maersk Line” is also a group company, which has fleet of more than 500 vessels and presence across the globe, being a group company it would help the company to have business as the Maersk line may prefer its group company’s port.

2) APM Terminals Pipavav was India’s first private sector port,and is one of the principal gateways on the west coast of India.

3)The majority of bulk cargo business comes from international trade. In terms of volume, the business has grown at CAGR of 42.5% from 2007 to 2009.

4)Proceeds of the issue will be used for:
• GPPL will use Rs. 300.0 Crs towards repayment of loan.
• Rs.82.5 Crs will be spent for investment in capital expenditure to improve and
enhance the infrastructure facilities at APM Terminals Pipavav
• Rs. 31.1 Crs investments in capital equipment which is needed on a recurring
basis to augment its cargo handling capacity

4)According to the CRISIL, total container capacity in India in fiscal 2010 was around 11.7 million TEUs, out of which 74% (i.e. 8.6 million TEUs) was in Maharashtra and Gujarat. In terms of throughput, CRISIL expects non-Major
Ports container throughput in India to grow at a CAGR of 27.0% in the next five years. Moreover, CRISIL expects dry bulk handling capacity in Gujarat and Maharashtra to grow at a CAGR of 15% over the next five years, from 71 million
tons in fiscal 2010 to 167 million tons in fiscal 2015. This will provide GPPL with tremendous growth opportunities.

5)Improving margins to make company profitable sooner than later. Over last few years company has been reporting losses at PAT level reflecting lower EBITDA margin and higher debt burden. However, with improved demand scenario and better pricing EBITDA margins has displayed a sharp improvement in 2009 and Q1 FY10. Company’s EBITDA margin has increased from 7.6% in 2008 to 20.1% in 2009 and further to 29.6% in Q1 FY10. With strong rebound in demand and higher utilization rates we expect the margins to improve further in coming quarters.

6) Post IPO, the gearing or Debt/ Equity of the company is expected to significantly reduce from 4.7x in September 2009 to 0.9x in CY12 as a major portion of the IPO proceeds will be used to pay off the loan under the loan
agreement. The reduction in interest costs will help improve the PAT margins significantly.

7)Port is strategically located near the entrance of the Gulf of Khambhat on the main maritime trade routes, which helps the company to serve imports from and exports to the Middle East, Asia, Africa and other international destinations. APM Terminals Pipavav provides significant logistic and cost advantages to shipping lines that service both the Mumbai area and the developing northern and north western regions of India. Due to its proximity to Mumbai, shipping lines have the flexibility to make an additional call to Pipavav and cater to cargo coming from the north western belt.Further, the existing road and rail network from APM Terminals Pipavav to inland regions of northern and northwestern India, including Delhi, and the available land for future transportation initiatives provides the company with a competitive advantage for attracting larger volumes of cargo.

8)GPPL has the right to develop approximately 1,561 acres of land at APM Terminals Pipavav of which it has developed approximately 485 acres. While the remaining undeveloped land can be used for further expansion of port operations, including for additional berthing and cargo handling facilities both at the waterfront and in the back-up areas. The Port has extensive shore-based area to allow development of backup infrastructure and allied industries. This available land will help GPPL to expand the market for its port services and provide sufficient resources for future expansion.

Looking at the long term growth prospects of the company and scope to expand the margin we recommend to SUBSCRIBE to this IPO.

Gateway Distriparks a logistics company,came out with IPO in 2006 with similar hype.All the original allotees made money.
Now after 4 years, it is trading much below IPO price.

Ok Ravi....lol....

Now why dont you give me..some information.... which you personally know.....about this company......that is not in the press.....and is secretive.....and people should avoid this IPO.....Even research analysts....research...stocks...based on publicly available finacial data and reported books of account.......

Now of their was a case of bard promoters i would have understood your logic .....but this is an MNC company practically...coz APM terminal hold 54% and are world renowned for their execution. WHy have investors have not sold their stack fully new or old investors.....and why only in part.....bcoz they believe in future growth story.....why dont you read Keynote Capital and CRISIL'S Reports.....on the company.......They do not advice to subscribe..but they give you geniune information.........that you can trust....now if u say .....they are not geniune.....i mean CRISIL is not geniune.....why are they so reputed and larged rating company......?

Anyways.....if u have facts to prrove...that this company....is.....bad....or promoters are of low quality and maangement quality is bad......and PE Investors.....are exiting for some other reasons....when they have themselves made disclosure......You know Disclosure......if these PE funds....mislead the public....in sensitive....isssues like shareholding info....they can be banned by SEBI and Industrial tribunal....!!....

136. CHEMCHO

You need serious help. Please get admitted to mental hospital immediately.

When IPO lists, please come on board, tell us what you have done. Then we can also follow you. Doing post-mortem after 3:30 p.m. is very easy. Even security guard at door can do it.

135. Sj

You have analysed well. I am clear in my point that based on publicly available information, people can't make money in this IPO.

Even bad companies are attractive at some price & good companies will become unattractive at some point. Similarly Rs.40-48 could be good, I don't know. As money management strategy, you want to take our your capital. I appreciate your care for money.

James Bond tipped-off investors about Operators activity. That is cue for us. Investors could imagine what is going to come in future days.

136. CHEMCHO
pipavav ipo apply or not? What is grey market kotak premum?

SJ, RAVI BANGALORE, MARY ,SHEEDHAR, GEM IPO FINDER ,MILINDS ,
ALL DUMMY OPERATORS NAME ,
I HAVE FIRST TOLD THE STORY OF FUNDS EXITING FROM THE INVESTMENTS . WHEN SJ OBJECTED TO COURT CASES CIMINAL, LABOUR ,LAND CASES MAIN MY ISSUE WAS LABOUR CASE S IN FIVE YEARS ,
THERE IS DISTRESS AND THE MANAGEMENT IS NOT GOOD , ONE OF THE REASON FUND ARE EXITING AT LOSS , THEY WILL NEVER TELL THE REAL STORY WHY THE ARE EXITING
SEEMS ONE HAS TO THINK AND IF AT ALL THERE IS HEAVY SUBSCRIPTION FROM QIB THEY WE CAN THINK TO APPLY
SIMILARLY EXIT FOR LISING GAINS

@ RAVI....

tUMNE APNE DIMAG MEIN BAITHA LIYA HAI...KE IT IS BAD FOR INVESTORS.....COZ PE funds are selling it....

Now lemme give.....you the point to point summmary of the article from MINT....NEWSPAPER...SO THAT YOU GET CLARITY ....

1) Private equity (PE) fund managed by AMP Capital Investors of Australia is set to make a substantial loss as it sells a part of its investment in Gujarat Pipavav Port Ltd. Anoop Seth, managing director, AMP Capital Advisors India Pvt. Ltd, said the fund was exiting at a loss. "The investments were made in 2001. However, since we have a strong belief in the company's future, we continue to hold 50% of our investment."

2)Tapasije Mishra, managing director, IDFC Capital Ltd, the book-running lead manager for the IPO, said the fact that the issue was priced below what the PE investor had paid underlines the attractiveness of the issue.

"Investors are getting it cheap. What is the problem?" he asked.

3)Another banker handling the deal of APM sale said: "It was a closed-end fund and it's being wound down.So, they are booking a loss to meet the redemptions."

4)In 2005, an infrastructure fund from IDFC Private Equity Co. Ltd, IL& FS Private Equity and Jacob Ballas Capital India Pvt. Ltd hadâ??invested in Gujarat Pipavav at '40 per share.Luis Miranda, president and chief executive officer of IDFC Private Equity, said: "We don't have a lock-in. But we don't intend to exit the investment as we are confident about its growth prospects."
So ravi the latest investor will not exit it and have been alloted...at 40.

SOURCE: n.subramanian@livemint.com

So RAVI now you understand even people who are exiting are exiting because they have redemption pressures...and even they are exiting part as they stilll believe in long term story of the stock.....!!...Even new investors entering at 40 are saying they will not exit...bcoz they beleive in long term growth...story...!!

So plz...dont have preconcieved notions..hallf knowledge is dangerous...sometimes....

However you are right that operators will....rig and manipulate this ipo on listing..as it is small issue...and small price range......and can exxpect wild swings....thats why i recoomend serious long term investors...to enter in this part by application part after 1 week of listing when price settles down and volatality ends......!!...THis in no way means it is abad company in fact it is excellent value buy...!!

And one request....Many boarders who have no logical points to argue are......saying that you and me are same person....and that we are fake....In fact even ......Shreedhar and Gem IPO finder....whom i think both you and I respect.....have been abused and called cheaters...

So i would request you to once and for all clear these peopel's and other boarders confusion who are beleiving in this conspiracy fictional theory and clear the air....

I am Setu from Kolkata..i am a sub broker....my phone no is 9674700430 ....boarders can verify my identity.....i will give them my ID proofs like pan card...even if they want....my email is setu dot vinayaka at the rate gmail...u can email me...i will give people scan copy of my passport..

And ravi you also...give your full details like profession full name....etc....I humbly request....you to do this not for me but for your own self respect....

P.S. If you have further doubts feel free to ask and or you can argue/or enquire for more information for my logic...ill be happy to know your arguments and apprehensions.....and make you explain....

Regards

Setu

gmp8-9 ,worst ipo,avoid

pipavav ka application rate kya hai mujhe 20 application salekarne hai.....kamal

AVOID EPS -3 BOOK VALU 9.30
BECH KAR LAGAO
GMP 10-10.5
LAC APP 2000-2100

130. Sj

It is bad for investors. But Operators require bad stocks.

PE Funds exiting because their call on long-term infrastructure story flapped. After many years of investment, they are exiting at loss- not at 20 - 25% return.

I can't understand port business to make in depth analysis. If I am wrong, kindly correct me.

@ Ravi bangalore....

First of all congrats....for your great call on Bajaj corp.

However i disagree on your point of gujarat pipavav...

why dont you read this article posted about PE investors selling stake that i have posted....read carefully...you will know what is the reason.....and also they are exiting part...

P.S. From now on you "Ravi" are the famous short seller George Soros for me...!

What are the brokerages/ analysts view on gujarat Pipavav. I haven't come across any one's view on the stock ? Can anyone share ?

what is the latest gmp