Kaushalya Infrastructure Dev Corp Ltd IPO Message Board (Page 7)

Invest Really good IPO , will be listed on 110-140.

Dear Jagmohan dont apply for this Kaushalya Infrastructure Dev Corp Ltd IPO

I need to know about mudra IPO Status App. Below
PL. GIVE STATUS OF APP. LISTED BELOW :

1. 23672257
2. 43994264
3. 43994265
4. 84472243
5. 43997007
6. 43997008
7. 84472244

Guys !! Important news

Reliance Power coming Feb March
November 22nd, 2007
Reliance power is not coming this year. SEBI has some problems with its prospectus and Reliance Power and Mr Anil Ambani group has to clear all the doubts.

So if everythings goes in the right way, Reliance Power may come next year Feb-March.

HELLO,

CAN ANY BODY GIVE ME ROUGH IDEA, AT WHAT RATE THIS SHARE IS EXPECTED TO OPEN

REGARDS

JAGMOHAN

MR RAHUL

i want to apply for kidco, do u have further info. abt the co.
plz. tell me...........

Thanks MrRahul for UR info on the company.If U get more on this kindly pass on to help the the fellow investors. Thanks once again.

I am from West Bengal and I have beenmuch waiting for this IPO. For those who are not from this region, do keep in mind that this is a great upcoming company with great positioned lands in Rajarhat (the Gurgaon of kolkata)... plus I have heard great about the leadership... many other positives ... I am going to review more but I am in. Please make your own judgement but something not to miss out on in my opinion

can any body tell me what is the capital market ratinf for this ipo

pls tell about this ipo

Thanks for the responce Vivek

Kaushalya Infrastructure Development Corporation is entering the capital market on 20th November, 2007 with a public issue of 85 lakh equity shares of Rs.10 each in the band of Rs.50 to Rs.60 per share.



The company is a small contracting company executing work for leading construction companies like Punj Lloyds, Engineering Projects, Tantia Construction etc. for the last 6 years. The volume of work executed by the company is quite low compared to its net worth. For FY 07, inspite of a net worth of Rs.14.71 crores, total income of the company was at Rs.55 crores on which PAT was just Rs.3.82 crores. This has resulted in an EPS of Rs.3.45. The company has been executing more of petty jobs where payment cycle is also of longer duration. Due to this, whatever margin enjoyed by the company is more on account of blocking working capital. The company has less than 4 cycles of its net worth, every year.



To improve its bottomline, the company thought of venturing into various activities of real estate development, investment in BOT/BOOT Project and for working capital. The proposed issue would be able to mobilize between Rs.42 crores and Rs.51 crores, at the lower and upper band. Rs.6 crore has been mobilized via pre-IPO placement.



However, such a small amount of Rs.50 crores is allocated on too many heads, thus having a very small allocation on each of them. The company is planning to develop about 12 acres of land at Rajarhat in Kolkatta and also at other places for which Rs.17.50 crores has been allocated. In Rajarhat, big developers like DLF and Unitech are developing integrated township and hence the projects of the company would always have lower realization of its properties. Even Rs.12 crore earmarked for BOT/BOOT projects are very small sum, which may not enable the company to take stake in 2 projects also.



Return on net worth of the company is very low at about 18% for FY 07. The post issue equity of Rs.19.60 crores would also be huge and shall pose difficulty for the company to service. Additional fund from IPO of about Rs.50 crore would improve the performance marginally.



Still it would remain a very small player with no significant presence in any of the segment and hence would also remain languishing at the levels of issue price. Hence, investment is not advised even at the lower band.----S.P .TULSIAN

Please provide the last three financial years net profits and annual returns after the tax deductions. That will disclose the company's strength.
Appears presently at the resonable price

can i purchase share in primary market.
if it is yes so plz tell me how buy this share
w

lokin godd. but need to collect more etails abt company....
let me study about this...
will let u knw

this good issu bcoz infreacuturea good businses

why this issue came suddenly, no money to plan all issues

this good ipo to invest

any info abt this one?