Indian Energy Exchange Ltd IPO Message Board (Page 37)

@Aniketiaf

Can you please re-post your method of getting allotment ratio 3:1 since i''m new to this.

Thanks.

Thanks for sharing this info.

@Baki,
Please refer the post no. 97.2 and 97.4

Should one apply for ipo? Please suggest

@huzufa,
As per my view Mas and Godrej will give MINIMUM 20% listing gain but IEX will give MAXIMUM 15% listing gain.

Hey Aniket,
In one of the replies you mentioned to apply in MAS IPO at specific times and over the period of 4 days. I am just curious that if it makes any difference? If yes then how? because I was under the impression that applications are alloted by the system randomly so applying all the applications at the same time will increase your chance of allotment. One more thing if it is same for all the IPO or those timings was just specific to this IPO?

@ Rickyset,
There is no specified /scientific reason behind it. This is a formula which worked for me various times. I have 04 different accounts since last 04 years. Earlier I applied in ipo through all my accounts in one sitting /same day. and the allotment ratio was about 7:1. Now since last 02 years, I am applying as previously described manner. My allotment ratio is 3:1. Sometimes in highly demanding ipo like Dmart, Cdsl, Bse, Dixon.. .. . I was allotted with 02 to 03 account among my total 04 accounts. As this method is working for me, that''''s the reason I advised Kunal to apply with this method.
Thanks.

Big name present in anchor list ,not only Nomura Sbi ,also Dsp black rock,Birla sun life,Axis...

I am looking for international funds like Singapore Government

Singapore government participated in Tata Steel FPO at Rs 610 per share in 2011. What a Pathetic Investment it was!

Didn''t find big names in Anchor investors list except Nomura.
Still not convinced with IEX. Still understanding it''s business model, financial nos, long term business prospects etc. Sometimes it looks like MCX or BSE is better than IEX.
Let''s see response from QIB, NII.

You forgot to mention DSP Black Rock. It is solid Mutual Fund which invest after due diligence. just 1-2 investment of this fund fails as anchor investor in last one year.

I am looking for international funds like Singapore Government etc.

Indain Energy Exchange Limited IPO
GMP 100 - 110

Need some help as I have funds so can I Invest in all the three IPO''s MAS,IEX,GIC. Suggest me.

It may give minimum 10% and maximum 20% listing gain.

i think this ipo is good. we should apply with full force now i heard HDFC life insurance ipo is also coming next week.
http://www.marketsguruji.com/indian-energy-exchange-ltd/
good artical

Tentative timetable in respect of the Offer:missing, Please update !

IPO Name. Grey Market Premium      Kostak Rates
Godrej Agrovet. 115-120. 450-500
Mas Financial      170-180 400-450
Indian Engergy Exchange      100-105. 300-350
General Insurance       NIL. 650-700
Note-all the above details As per ipowatch.in dated 8Oct2017

........ IEX. .........

In last 5 yrs.....

Registered participants : doubled (2900-5900)
Profit : up 73% (66-114cr)
REVENUE : up 72% (138 - 237cr)
EPS : up 72% (21.8-37.6)


Top/bottom line : CAGr 14.4%
Profit margin : ~50%
RonW : 41.3%
DEbT/Equity : Big zero
Current ratio : 2.8x
Finance cost : ~0%
Dividend yield : 1.5-2%


@1650 based on 2017 EPS 37.6 => PE : 44x

FY2018 Q1 EPS 10.16 => fUll yr expected 40-42
=: Take 41 => PE 40x

@15% growth rate
2019 PE 35
2020 PE 30.......
.....
.....
2025 PE 15

...........No available peer to compare with but looking at last digit X let''s compare ieX with mcX(Imo BSE is not that much comparable)

... ........... PAT growth.......PE(2017).....PE(2018)
.... ...... ..... (13-15)...........................-...........-.......

ieX.. ............... 73%........ ........44...............40
mcX.............. (-57%)................42........... ....48

Profit margin : 49% iex vs 44% mcx
M. Cap : 5000cr iex vs mcx (5425cr)

McX lagging in mostly all parameters...!!

So looking at above all parameters Mkt may like to provide 50 PE based on 2018(imo)

i.e 50*41 =2050 rs (my tgt for 5-8 months)

Listing should be imo @44-45PE ,

i.e 45 *41 = 1845*
44*41 = 1804*

( but looking at the current grey scenario this seems to b difficult, let see if any changes after sub figures!! )


_________________________-______________________

Above all was crap most imp part is this ????

RII forms reqd for 1x = 235800 near

And looking at MaS, godrej and big boy GiC,
M expecting only 5-6 L forms to this underrated ieX,

So allotment ratio may comes to 1/2.5 or 1/3!
A FAIR CHANCE !!


__________________-__________________-_________

ConcL..........

Looking at profitability and sustainable track record, one may Arrange some funds for this one also!!!

Listing gain imo should be more than your small fin bank FD!!

PE breakup :

Generally 44-45 PE is not given to 15% CAGR,
But here''s the reason,


35 PE is good, fair but extra 9 PE given because,


2 PE monopoly business /dominant mkt share
2 PE debt free-cash rich balance sheet
2 PE profitability - high margin
2 PE mkt conditions
1 PE Dividend
35 PE standalone

= 44PE =1804 rs= flat 9.33% return over issue price.

Very usefull and calculative information gamble g

Arjun sir your view on IEX and GIC.

Please suggest whether we should apply this ipo or not and what is GMP?

Godrej 135 - 140
MAS 210 - 215
Energy 105 - 115

Do ieex habe GMP ?

Do ieex have GMP ?

IEX IPO Review suggests that despite stiff price, no speculative activity IEX has Early Mover and good margins in its favour http://wp.me/p7zwuc-Po

130-140 APPROX

Bhai LoKo Anu GMP KETLU Chhe ?

@ rrpatelji@gambleji ? ?

In the description, what does trading of ''ELECTRICITY PRODUCTS'' means ?

Does it means transaction of ELECTRICITY between power companies from grid?

today said it has garnered a little over Rs 300 crore from anchor investors, ahead of its initial public offering next week.

The company would allot 18,19,501 equity shares to 23 anchor investors at a price of Rs 1,650 per share, Indian Energy Exchange ( IEX) informed the stock exchanges.

At this price, the total amount works out to be Rs 300.22 crore.


SBI Mutal Fund (MF), Birla Sunlife MF, Birla Sunlife Trustee Company, ICICI Prudential MF and Nomura are among the anchor investors.

IEX plans to raise Rs 1,001 crore through an initial share-sale offering. It has fixed a price band of Rs 1,645- 1,650 per share for its public issue.

The issue by which the company is selling 60,65,009 shares or 20 per cent of the post-issue paid-up capital would be open for public subscription during October 9-11.

The IPO will see sale of equity shares by existing shareholders including Tata Power Company, private equity arm of Aditya Birla Group, Madison India Capital and Renuka Ramnath-led Multiples Alternate Asset Management.

Besides, AF Holdings, Kiran Vyapar, Golden Oak (Mauritius) and IEX''s former chief executive Jayant Deo, would offload shares in the public issue.

Axis Capital, Kotak Mahindra Capital Company and IIFL Holdings will manage the company''s public issue.

IEX is India''s first power exchange providing automated trading platform for electricity (for physical delivery) and renewable energy certificates.