@Aditya This is regarding diluted EPS. EPS is mandatory and calculated as per the Indian Accounting Standard- 33 (commonly known as IndAS). After promulgation of Companies Act 2013 IndAS is now part of the Act and prescribed by Ministry of Company Affairs ( MCA). In the IndAS-33 , a broad guide line has been provided regarding calculation of Earning Per Share ( EPS). Basically for the purpose of diluted EPS, the Earnings is divided by the weighted average of shares for more accuracy. In case of EPS, it is Earnings divided by the closing number of shares on the date of reporting. For example, 100 shares bought back by the company on 30.09.2020. While calculating EPS on 31.03.2021 those share are not existing in the record but they were very well there upto 30.09.2020. Hence there is a requirement of calculation of weighted average of shares. So for these 100 shares, the calculation is (100 x 180 days )/ 365 days = 49.32 shares. Hence, diluted EPS may increase or decrease in comparison to EPS. depending upon the weighted average of shares. Please refer IndAS 33 for complete details.
9. hchc| Link| Bookmark|
June 14, 2021 6:39:44 PM
Top Contributor (400+ Posts, 900+ Likes)
Some of the key differences between basic EPS and diluted EPS are:
1. Although very suitable, basic EPS is not a good measure of the company’s financial health. Diluted EPS is a stricter approach to know how a company is doing financially
2. Basic EPS is a simple measure as compared to diluted EPS
3. Basic EPS is used for companies with a simple capital structure, while diluted EPS is used for companies with more complex capital structures. Most large companies have potential diluters, and hence for them, diluted EPS is more meaningful
4. Diluted EPS is always lower than basic EPS as all convertible shares are added to the common shares in the denominator for diluted EPS
5. Basic EPS does not consider the effect of equity dilution on profit, while diluted EPS does.
Appears to be a costly IPO. Let us wait and see how much is the GMP
5. Eagleye| Link| Bookmark|
June 11, 2021 5:50:21 PM
IPO Guru (6600+ Posts, 22000+ Likes)
.. . THE MOST RELIABLE List of Mainboard IPOs IN THE PIPELINE (Status as on 09th June 2021)
A) DRHP Filed – SEBI Approval *Overdue*: DRHP filed <2 months ago
1) Aadhar Housing Finance >>> DRHP filing date 24-Jan-21 2) Paras Defence and Space Technologies >>> DRHP filing date 09-Mar-21 3) EXXARO Tiles >>> DRHP filing date 18-Mar-21 4) Jana Small Finance Bank >>> DRHP filing date 01-Apr-21 5) Tatva Chintan Pharma Chem >>> DRHP filing date 01-Apr-21 6) Clean Science and Technologies >>> DRHP filing date 09-Apr-21 7) Shriram Properties >>> DRHP filing date 09-Apr-21
B) DRHP Filed – SEBI Approval *Awaited*: DRHP filed >2 months ago
8) G R Infraprojects >>> DRHP filing date 16-Apr-21 9) Aditya Birla Sun Life AMC >>> DRHP filing date 19-Apr-21 10) Zomato >>> DRHP filing date 27-Apr-21 11) Chemplast Sanmar >>> DRHP filing date 03-May-21 12) Nuvoco Vistas Corporation >>> DRHP filing date 06-May-21 13) Fincare Small Finance Bank >>> DRHP filing date 10-May-21 14) Medi Assist Healthcare Services >>> DRHP filing date 12-May-21 15) Penna Cement Industries >>> DRHP filing date 14-May-21 16) Aptus Value Housing Finance India >>> DRHP filing date 14-May-21 17) Go Airlines (India) >>> DRHP filing date 14-May-21 18) Devyani International >>> DRHP filing date 17-May-21 19) CarTrade Tech >>> DRHP filing date 17-May-21 20) Windlas Biotech >>> DRHP filing date 17-May-21 21) Krsnaa Diagnostics >>> DRHP filing date 17-May-21 22) Supriya Lifescience >>> DRHP filing date 17-May-21 23) Vijaya Diagnostic Centre Limited >>> DRHP filing date 07-June-21 24) Ami Organics >>> DRHP filing date 08-June-21 25) Sansera Engineering >>> DRHP filing date 11-June-21
C) SEBI Approval *Received (<3 months)*:
1) Glenmark Life Sciences >>> DRHP filing date 16-Apr-21 2) Utkarsh Small Finance Bank >>> DRHP filing date 04-Mar-21 3) Rolex Rings >>> SEBI Approval 28-May-21 4) India Pesticide >>> SEBI Approval 30-Apr-21 5) Arohan Financial Services >>> SEBI Approval 23-Apr-21 6) Seven Islands Shipping >>> SEBI Approval 30-Mar-21
D) SEBI Approval *Received (>3 months ago)*:
7) Sigachi Industries >>> SEBI Approval 24-Nov-20 8) Jaikumar Constructions >>> SEBI Approval 10-Sep-20
Price Band of Rs 815-825 Looks Good To Me Promoters have left something on Table...... Covid Situation in favor of company Might be a Double Listing Gains Candidate