Jalan Transolutions (India) Ltd IPO Message Board (Page 2)

Pl provide link for allotment status

http://kosmic.karvy.com:81/ipotrack/

Listing price ?????

Listing price ?????

Listing will be positive and give 6%-8% listing gain atleast!

It is very good company... pe of 16 other company r trading at 40 .... healthy top line and bottom line.... growth of 20 percent in top line.. . Have clientage of bajaj tv''s Yamaha and other 2 wheelers, planning to expand in 4 wheeler .... part of ipo fund will go in debt reduction so bottom line will increase ...
Biggest beneficiary of gst ... can double in 6 months

Dear SGJS
I cite the case of Meera Ind which was subscribed over 10 times @issue price of 36 and posted a listing day high of 37 is now languishing around 30/32 levels. Obviously HNI Non allottees are buying out the Retail at discount. Once the accumulation is over Meera may inch past the issue price of 36 and even post smart gains after some time. Let us wait and see.

SME issues are not for Retail Investors with limited means and wish to flip on the day of listing and come out with profit. This is not always possible. Big sharks and operators take advantage of panicky and anxious small investors and strip them of their shares at steep discount. once this is done they will jack up the price and make a killing. So even when the pricing is right SME IPOs are best suited for those with deep pockets and can afford to wait for quite some time to sell at reasonable price and make profit. Others just avoid.

Agree fully. The investor who has a 1-2 year vision should invest in SME sector. Short term profit can come only rarely.

Lol then by this logic, are NII so fool enough to buy @ more than expected listing price, they even see gains on listing....

What is gmp of jalan?

Listing day flippers beware ! Market is moving into serious bad mood .....

GALABHA

NII SUBSCRIPTION IS MORE THAN RII WHAT IS YOUR VIEW

Dear Experts, kindly advise whether it is worth to apply for this IPO. Will get any return? Till 22nd, 2.64 times subscribed.... awaiting your valuable advise please.

With GST in horizon and promoters having more than 12 years experience, it should give good return.

GALABHA

THANKS FOR YOUR VIEW

YES U R RIGHT THERE IS GOOD OPPORTUNITY IN SECONDARY MKT

Have got a secret word from one of the big market player that operators are not liking the retail participation in the issues ...... It is now highly advised to stay away from SME counter .... Nnly go fr strong issues and high NII subscription issues orelse jst avoid .... There is no point burning ur finger ....
Recently can see
Zota ( high Gmp ) but couldn''t sustain giving nnly 5 RS a share
Meera ( 12 tyms oversubscribed ) opens at issue price now below
Schand ( 100 gmp ) opens at only 30 RS up and goes below issue price now

Posting of mssg was jst fr innocent investors rest it''s on ur conviction and ur decision

Disclaimer - avoiding all 3 SME issues that will open

Not applying .... Will be oversubscribed 3 to 4 tyms ..... I feel listing 5 % gain tat too nt sure maybe bit more or less .... Given great opportunities in secondary market tat too falling good stocks I prefer to go there ....
Disclaimer - not applying Jalan , vadivarhe yes , switchgears sideways maybe yes or no

Vadivarhe also m going fr long and nt for listing gains

GMP?

Mr prabhakaran

One more plus point is promoters are not diluting their stake showing confidence in future performance of the company

With GST coming soon, the working of all logistic company will improve. Offer price at Rs. 46 is a steal. Assuming 2017-18 profit at Rs. 8 Cr. EPS would be around 5 and with a normal P/E of 20 for Logistic companies price of Rs. 100 in one year looks possible.

Pros:
Based on earnings perspective, Jalan is attractive (PE of 16) and it''s ROE is 20% which is almost thrice the return from most FDs.
Cons:
Area of concern is its debt/equity ratio is 5.28 and it''s PB 3.6 is too much to digest.
In past 4 years, the company never tried to bring-down its DE and the cash flow also seems to be decreasing exponentially.
Because of dangerous book (value), I won''t be a buyer here.
Incase the issue is subscribed more than 12 times (with little participation from QIB), I will subscribe.
Otherwise it''s an AVOID for me.

First time seen a company having negative cash in hand ....cash in hand -93 lacs .....Amazing!!!!!!

Again first time seen ....A qualified CA being CFO of this company is paid salary of 10000 pm ....yes yes u heard it right 1.2 Lacs p.a. is the salary of a qualified CA CFO
Bhai itme me to data operator bhi nai milta :)

Key operating ratios :
Year end      Mar 16      Mar 15      Mar 14      Mar 13
EPS(Rs)      4.09      1.00      1.26      2.04
Book value(Rs)      18.92      15.01      14.94      13.69
CEPS(Rs)      14.66      13.45      18.49      12.03
NPM(%)      2.08      0.58      0.95      2.52
OPM(%)      17.06      17.33      21.57      23.28
ROCE(%)      16.09      11.24      11.72      12.20
ROE(%)      20.01      5.80      8.78      15.49
Debt/equity      5.28      6.17      5.80      4.74
Interest cover      1.40      1.15      1.18      1.50

Prabhakaran srsly liking ur work .... Ur indebt information is vry useful ..... Continue doing it ..... Salute you ....

Thanks gala sir. Sure.
To be true, you''re an inspiration to me - in providing expert suggestions and predicting all the IPO issues to perfection without any bias.
All I have is simple numbers (facts and figures) which anyone can get; only experts like you add value to this board by decipher these numbers and shepherds us.
So I request you to continue providing your expert suggestions.
I agree that the SME market might expel RII in near term.

Jalan is almost subscribed fully on first day. Is it advisable to apply. 3 more days left

Subscribe in this IPO
For listing gain

Yes I agree... Also i think a similar thing is going to happen when Hudco lists ...a very lukewarm listing ...

432,000 shares bid by corporate on first day...is it genuine or something fishy..!!