80. Paymzia| Link| Bookmark|
February 23, 2021 9:19:42 AM
IPO Guru (2400+ Posts, 4500+ Likes)
Many products there , Dominent position in pyrethroids market around 20% in indian market (leader in this product ) Export may increase in this segment due to ban on some countries on CHINA. 80 % of this product pyrethroids for all over the world comes only from china . For HERANBA has good chance to improve export in this segment.
On financial front this company performance is encouraging. Last three year CAGR of EPS, NAV, RONW is very good. Also promoter has left money on the table. IPO is priced at 20 P/E TTM.
Out of the three IPOs of this February Herbana is one of the best company in terms of comparison with peers. This company is present in the entire product value chain of agrochemicals industry like Intermediates, technicals and formulations. this has diversified its business from manufacturing and selling of Intermediates to manufacturing, marketing and selling of technicals and formulations. Majority of its current Intermediates production is utilized for captive consumption for manufacturing technicals.
Asset Turnover ratio is quite commendable at 5.8X in FY20. Cash flow generation has been quite steady with cumulative operating cash flow and Free Cashflow of Rs 250 Crore and Rs 160 Crore, respectively through FY18-1st HFY21.
Bhai, buying a stock for One month is not investing, it is gambling.
But you can see all these IPO.. and people are putting GMP (Grey market premium/price).
So what I would do if I wanted to put money for very short period.. is firstly be ready if for some reason I make some loss.
I would look at the current IPO''s and the GMP. If there is a premium, I would try to apply and if I got the shares.. I would sell them on listing day.
73.2. Ankur Goel| Link| Bookmark|
February 22, 2021 2:55:06 PM
IPO Guru (1100+ Posts, 500+ Likes)
Heranba ipo open 23rd feb Nureca Basis of Allotment 23th feb Nureca Allotment 24th feb RailTel Basis of Allotment 23th feb RailTel Allotment 24th feb Heranba ipo close 25th feb Nureca Listing 26th feb RailTel Listing 26 feb
Hello, Please let us know where can I get this IPO form. Is there any website where I can download. Please advise. Few of my accounts don''t have internet banking so want to apply through fill up form. thanks
Apply fully..Nice track record, PAT CAGR above 40 for last 3 years, export oriented company (specially export to China 30%), Available at PE of just 26, top listed peers avg. PE at 59, not surprised to see GMP above 300 on listing day.
Except one or two litigation issues, overall good ipo for short as well as long term.
Disclosure : I m applied fully.
65. Chem cho| Link| Bookmark|
February 21, 2021 6:17:45 PM
IPO Guru (2500+ Posts, 2700+ Likes)
Based on financial, P/E and P/BV parameters, the issue appears reasonably priced. The company has many known brands in its portfolio. HIL reaps benefits from rising exports to developed countries of its products with better margins. The company has a dividend track record as well. Considering all these aspects, investors may consider an investment with a long term perspective.
63. P Patel| Link| Bookmark|
February 19, 2021 12:44:38 PM
IPO Mentor (900+ Posts, 900+ Likes)
Savita Oil Technologies Ltd - Buyback is out...
1) Buyback up to 2,51,000 shares 2) Representing up to 1.78% of the total number of equity shares 3) Buyback price Rs.1400 - Current Market price - Rs.1100 4) Record Date: 5th March 2021 5) Shareholder pattern as of 12th Feb: - Promoter Group -------------------------- 1,00,96,033 - 71.75% - Public Share holders --> Mutual Funds -------------------------- 12,76,573 - 9.07 % --> Foreign Portfolio Investors ----------- 5,12,117 - 3.64% --> Public/Others -------------------------- 21,86,360 - 15.54 %