Mahanagar Gas Limited IPO Message Board (Page 57)

NOW IT IS 100% CONFIRMED THAT MAHANAGAR GAS LIMITED IPO IS OPENING ON 21-6-2016 AND WILL CLOSE ON 23-06-2016. OFFER SIZE IS 24694500 EQUITY SHARES. ALLOCATION- QIB 50% HNI 15% AND RETAIL35%. IT IS MUCH AWAITED ISSUE.WE CAN AVAIL THIS OFFER.

Mahanagar Gas IPO

EPS
FY 15-16 is Rs.31.36 (subject to reconfirmation after reading RHP)
FY 15-16 is Rs.30.54


Compare this with:
INDRAPRASTHA GAS LTD

EPS
FY 15-16 is Rs.33.15
FY 15-16 is Rs.32.01

Whether RHP issued?
Please send us link

For RHP go here

http://www.investmentbank.kotak.com/downloads/mahanagar-gas-limited-RHP.pdf

Broker & Analyst conference of Mahanagar Gas Limited.

Date: Tuesday, 14th June (Tomorrow)
Time: 4pm
Venue: Regal Room, Hotel Trident, Nariman Point

Mahanagar Gas IPO
GMP 128-130
Kostak 1300-1400

PL GP MGL

PRICE BAND AND DATE PLZZZZZZ

pl MGL gp

dilep ji davda sir ,whare are u ,aapke analysis ka intjar he

what is book value and eps of MGL ?

eagleye pls suggest stocks for one to 2 months

Not until you give your logic of MGL''s fair value as 640/- ... do you even have a case?? ... or you are perpetually "just joking" ... or have you now changed your name from "CA Saheb" to "Mr. JOKER" :)

MM, buy jsw energy,alphajio,ujjivan,sail,dish tv,dlf

Mahanagar Gas Limited IPO Update:
 
Opens On: 21-June-2016

Closes On: 23-June-2016
 
Offer Size: OFS Up to 2,46,94,500 Equity Shares
 
Employee Reservation:  Up to 2,00,000 Equity Shares
 
Net Offer: 2,44,94,500 Equity Shares
 
Net Offer Split:
 
QIB: 50% of Net Issue (1,22,47,250 Equity Shares)
 
HNI: 15%  of Net Issue (36,74,175 Equity Shares)
 
Retail: 35% of Net Issue (85,73,075 Equity Shares)
 
Company Brief:
 
One of the largest city gas distribution (“CGD”) companies in India (Source: CRISIL – CGD Report December 2014). Company have more than 20 years of experience in supplying natural gas in Mumbai and are presently the sole authorised distributor of compressed natural gas (“CNG”) and piped natural gas (“PNG”) in Mumbai, its Adjoining Areas and the Raigad district in the state of Maharashtra, India. Company  promoted by GAIL and BGAPH, each of who holds 49.75% of company''s Equity Shares.

Eagleye could you please suggest some stocks that will be beneficial for 1-2 yrs.

Equitas

Mahanager Gas      3 mths      Mar-15      Mar-14      Mar-13      Mar-12      Mar-11
                                    
                                    
Sales Growth %      5138.37      20949.28      18851.53      15143.78      13090.3      10624.24
             11%       24%      16%       23%      
                                    
Net Profit Growth %      778.36      3010.01      2972.49      2985.06      3077.43      2255.08
            1%       0%       -3%       36%      
                                    
Net Profit Margin %       15%       14%       16%       20%       24%       21%

Initial look at the Mahanager Gas Numbers are not very attractive.... While the sales has more or less doubled in the last 5 years from 1,062 crores to 2,095 crores, the net profit has not kept pace with just 301 crores now as against Rs 226 crores almost 5 years back... Infact the margins during the last 5 years have been continues slipping from almost 24% NPM to slipping to as low as 14% last year. This 3 months the margins are a tade higher at 15%........ I guess most investors invest in a company where there is growth....... not depreciating margins....one needs to be carefull..... Already the grey market premium is suggesting Rs 125 higher on likely price of Rs 485.. taking it to almost Rs 610 or almost a Price to Earnings Ratio or P.E. of above 18.... For the NII quota at just 15% of the total amount to be garned by the company of Rs 1198 crore... it comes to Rs 180 crore. The grey market has already thing of subscribing the NII quota by more than 115 times.... If it crosses above 150 times then most NII investor or HNI investor are looking at loss because the interest element is likely to work out more than the earnings...... A careful evaluation of the current Nifty and Sensex along with timing of the market and the number of times it is likely to subscribe needs to be done.........

Sorry Alkem received Rs 26305 crs in the HNI category.

Tentative - Mahanagar IPO Dates
Issue Date: 20 - 22 June
Price Band: Rs 455 to Rs 485
Lot Size: 30
Issue Size: Rs 1198 Cr
Retail Discount: Rs 0

May be i have missed.... but i thought the issue price was 485 tentative..... lets wait for the official annoucement

Nifty 50 (8170.05):
Near-term correction is likely.
Supports: 7963-7899; Resistances: 8243-8339

Summary: Nifty has made its recent high at 8295 where it has tested its key resistance area placed between 8243 & 8339 (Weekly Close basis). It is likely to witness a correction in the near term wherein it could test its near term support zone placed between 7963 & 7899 (Weekly Close basis). Sustaining above 7899 on a Weekly Close basis is key for the upside momentum to remain intact.



S&P BSE Sensex (26635.75):
Near-term correction is likely.
Supports: 26161-25838; Resistances: 27148-27464

Summary: Sensex has made its recent high of 27105 near its key resistance zone placed between 27148 & 27464 (Weekly Close basis). It is likely to witness a correction in the near term wherein it could test its near term support zone placed between 26160 & 25838 (Weekly Close basis). Sustaining above 25838 on a Weekly Close basis is key for the upside momentum to remain intact.



Nifty Midcap 100 (13329.95):
Testing resistances
Supports: 12891, 12305-12222; Resistances: 13378-13468, 13638

Summary : The index is facing resistance in the Daily Gap area between 13378 and 13468. Additionally, key near term resistance placed at 13638 (Right Shoulder of the Weekly Head & Shoulders pattern). A decisive Weekly Close above 13638 is required to indicate culmination of the corrective process since the high of 14237. Sustaining above the immediate support placed at 12891 on a Weekly Close basis is key. A failure to do so, could lead to a test of the key supports placed between 12305 & 12222.



Nifty Smallcap 100 (5389.15):
A decisive Weekly Close above 5222 would lead to a test of 5426.
Supports: 5222, 5090; Resistance: 5426, 6048

Summary : The Index has overhauled its immediate resistance placed at 5222 and is currently testing its key near term resistance placed at 5426. A move past the same on Weekly Close basis would indicate strength and would lead to an initial test of 6048. Immediate support is placed at 5222 on Weekly Close basis. Sustaining above the same would keep the upside momentum intact.

Mahanagar Gas IPO
GMP 124-126
Kostak 1300-1400

IPO confirmed ??

Refer my earlier posting....



Eagleye Jun 11, 2016 2:43:46 PM IST
Mahanagar Gas Limited IPO

Latest update is that the Mahanagar IPO details are likely to be annouced as follows:

Issue Date: 21 - 23 June
Price Band: Rs 385 to Rs 421
Lot Size: 35



.... official announcement is still awaited

HOS:

Keep an eye on Precision Camshaft between 125-130 levels ... May see 155-160 soon

Precision to test 115 ????

HOS = Heard On Street (dalal street)

The market internals are not suggesting any recovery for today.

In fact chances are high of a 500 point SenSex fall today.

Please avoid giving technical call and prediction business as any thing wrong will lead your reputation unreliable it seems so,

Eagleye, good keep it up. Nothing wrong in giving ur calls. No one is perfect. Even if ur calls fails sometimes, there is nothing to worry. No one could predict 2008 meltdown or tech bust of 98. Giving calls shows ones maturity on understanding of the market. Rember u r just suggesting ur point. People follow or not its their wish. N do not get discouraged by failures. Every failure is a learning process. Failure doesn''t mean that one should stop growing as some people might suggest. Looking forward to more calls from ur side. Keep it up. N well done.

Nifty to tank 7877 this week ????

MGL GMP 124 - 126

avoid avaitation stocks when crude prices so much high only focus on automobiles and auto ancillary stocks

Real expert work ::
Name any one/two stock/stocks which is available @ cheapest/cheaper price compare to others ?...only based upon eps/PE.
Just for example
IT - hcl tech
Steel - tata steel
Banks - union bank,jk bank etc...

Can anyone do that ??
I think Many investors Wants this :)..
This is real help for those who doesn''t hv much time to look for it or just dont know about it.
Yeah we have real experts in here . Thanks in advance

@gamble
Gather Investors are bullish on yet to be listed scrips of L7T Infotech, BSE and RBL bank

As per your requirement,
Buy
ABAN now @ 214(bought @205)
KTK Bank, now@ 132 (bought@112& 86)
Goodyear now@ 524 (bought@ 510)..

This can move upto 20 to 30 %..