Mandhana Industries Limited IPO Message Board (Page 7)

Mandhana = EMMBI

MANDHANNA = Pradip

Lutao bhai Lutao!

SahranpuriJi,I still hold Cox,Jubilant,Persistent,DQE(all three Sold& bought),United bank& ILFS(all extra shares bought).Exited completely from DB Corp(due to increase in newsprint),Infinite,Man Infra,NMDC(Sold before allotment).ARSS did not get allotment inspite of making 3 full applications but traded well in it.In future I will be selling out Jubilant if it reaches 400 again & applying for Glenmark generic,PNC Infra,SVJNL(If valuations cheap compared to NHPC).JP Infra is looking very costly.The promoters are expecting a lot.I am waiting eagerly for FPOs as lot of profit can be made from them compared to these IPOs where allotment will be less.For example even with ARSS at current price profit made from it with IPO allotment is less than the profit which I made from NMDC.Regarding REC every full application made lot more profit than DQE,Persistent,ILFS,Man Infra etc.You can make profit from FPOs 3 ways.1)When FPO date is announced Just Short the futures or buy a put if it in F&O 2)After FPO is completed the share with limited float is Jacked up artificially like NMDC.3)When allotment date is near check with the registrar & Sell the shares.You will get decent profit.
I have followed these techniques & made good amount of money.It is now tiring to apply for IPOs as returns are getting very less.Instead buying or shorting after listing is making better sense .Good old days when you could select & apply for Cos like Cox,Jubilant,DB Corp & got good allotment & great gains are gone.From now onwards with limited money in hand I will be concentrating only on FPOs & will be applying to IPOs only if 2.5K is assured for every full application.Bye Bye to IPOs.

DEAR SREEDHAR,

I am still holding on to intrasoft.they are announcing interim dividend like DB CORP on 28 april n also the latest qtr result.A per management EPS WILL BE around 8-9 rs next year.letssee. its a unique story.hv u visted 123greetings dot com.its afantastic site with great future in my view,.

i am still holding onto DQE,ILFS,PERSISTENT,JFL,DB CORP N UBI
ABT talwalkar ihv got the application punched but not sure of applying

SARE IPO BOGAS HAI KOI BHI PAISA KAMANE NAHI DEGA.

when JP INFRA ipo wil going to launch.

tarapur transformer one of the best ipo

JP INFRA

PRICE BAND 102-117
5% DISCOUNT TO RETAIL

mandhana looto another textile share gmp14-15 sell in grey market will be a floop issue sell at 14and cover @8-9 a golden chance to sell, hurry up everybody is busy in talwalker

mandhana

PUNJAB AND SIND BANK IPO WILL BE ANNOUNCED TODAY........

SO U HAVE 4 GOOD IPO FROM A LOT OF 8 IPOS.....

1) JP INFRATECH
2) GLENMARK GENERICS
3) P&S BANK
4) TALWALKERS

JP INFRA WILL GIVE 5% DISCOUNT TO RETAIL
OPENING IN THIS MONTH

Hi,

Can anybody please explain as what is ASBA?

Thanks

Sell 532980 Gokul @ 77 -76 Intraday TGT 70-71

TARA HEALTH FOODS

ITS IN THE BUSINESS OF EDIBLE OIL AND ANIMAL FOOD.......
OH MY GOD ANIMAL FOOD, MEANS BY PRODUCT OF OIL EXTRACTION....... ITS SALES WERE68 CRORES.....
I THOUGHT IT MAY BE IN THE BUSNESS OF SOME HEALTH FOOD BUT ITS IN ANIMAL FOOD


ITS AN AVOID AT ANY COST

hi, NEHA

talwalkar nu ahmadabad ma letest primium su chale chhe?
bharva jevu chhe?
mara friends na opinian mix chhe,please help me,

22 rupees seller matlab k RS.22 discount ?
ke pachhi bhav thi RS.22 PRIMIUM MA VECHWAL(primium bhave vechval)
NEHA please reply jarur karje morning 8.30 vagya sudhi pachi hu office mate nikdi jau chhu.
thanks.
HARDIK

Hi friends AVOID ALL IPO BCOZ MARKET sahi nahi lagraha hai kabhi bhi kuch bhi hosakta hai chat k hisab se 4800 aana tai hai esa kuch logo k mu se suna hai es leya thoda sambhal kar aaj jese 300+++ kar k market niche aaya thoda sochne wali baat thie aur aage kya hota hai wo bhi dekhte raho aur AVOID IPO Bhi KAMAI NAHI HOGI TO CHALEGA LOSS NAHI HONA CAHYE

dear gem ipo finder, talwalkars decision is yours. My opinion is not to invest in talwalkars, simply for the reason that it will list in mid of May and at this time i am expecting markets to be in a bearish state. Any IPO listing at this time is bound to be affected.
So if you are going to block ur money for such a long time you can use it to buy other stocks and get better returns. what do you think?

TO PRINCE / SUMEET JUST READ THIS AND DECIDE

The fitness chain is looking to raise around Rs 70-75 crore through its public issue.

Veteran value investor and academician Shivanand Mankekar and his son Kedar Mankekar are sitting on 5.5x returns on their little less than four-year-old investment in fitness services firm Talwalkars.

The father son duo had invested Rs 3.5 crore in January 2006 which is valued at around Rs 20 crore at the estimated initial public offer (IPO) price of Talwalkars Better Value Fitness Ltd.

They hold 8.4% stake in their individual names currently which would come down to 6.4% post issue. The average cost of purchase of shares for the father-son duo is estimated at Rs 22.8/share.

Broking outfits belonging to RS Damani group are also well-placed to make smart gains out of the proposed IPO. Talwalkars, that is aiming to raise funds through its public float, had around two months back issued fresh shares to a host of investors including few broking units of the Damanis.

These new investors would be sitting on unrealised gains of 50% given the estimated IPO price.

Damani group brokerages Avenue Stock Broker and Maheshwari Equity Brokers figure among the new shareholders of Talwalkars who were allotted shares at a price of Rs 635/share in October’09. Post this issue, the company came out with a bonus issue where shareholders got seven fresh shares for every one that they held. This brings down the cost of ownership for the new investors to around Rs 80/share.

Now, given that Talwalkars is looking to raise around Rs 70-75 crore through issue of around 6 million shares it could be eyeing IPO price of around Rs 120-125/share giving immediate unrealised gain of 50% to the new minority investors.
Other investors who appear to have picked shares in the allotment in October include IL&FS Trust Company on behalf of Azavedo Family Trust.

Another investor entity who has picked shares in the latest allotment is Pivotal Securities rumoured to be an investment arm belonging to Prof Mankekar. If that is indeed true then it could push up the average cost of purchase for Mankekars to around Rs 27 that would still translate into 4.6x returns for them for a total of Rs 4.5 crore investment.

Talwalkars is looking to raise the funds to set up 27 new health centres by 2011 that will absorb Rs 50 crore and around Rs 20 crore to payoff some existing loans. Given that the firm is diluting 25% through the public issue, it is eyeing a market cap of around Rs 280-300 crore. For the six month ended September’09, it had revenues of Rs 35.8 crore with net profit of Rs 3.19 crore.

Extrapolating this to an annualised profit of around Rs 6.4 crore, on the expanded equity base of 2.4 crore shares(post IPO), the company is claiming for a PE valuation(on a 12 month trailing basis) of around 47 which is not cheap by any standards. The company may be banking on the growth of the fitness chain to make it a profitable investment for the investors.

The company has around 51 health clubs currently in 24 cities having 55,000 members. Assuming the it would be able to replicate the revenue and profit generation proportionately in its proposed 27 new health clubs by 2011, it could be projecting net profit of around Rs 10 crore translating into one year forward earnings multiple of around 30 at the issue price.

But with multi-bagger investment history of Prof Mankekar including Pantaloon Retail, this could turn out yet another gem of a stock.

PLZ WAIT TILL 2 PM FOR TALWALKERS BEFORE APPLYING, LETS SEE THE QIB RESPONSE AND THEN DECIDE WHAT TO DO......

TO PRINCE/ SUMEET


for talwalkers:
ITS A GOOD CO GOOD BUSINES, AND RICH VALN....
RAMESH DAMANI, ADI GODREJ AND OTHERS ARE ALLOTED PRE-IPO SHARES, GLEN SALDANA OF GLENMARK IS ON THE BOARD......
ITS ON SIMILAR LINE LIKE JUBLIANT, COX ETC MEANS NO COMPARABLE PEERS...... SO ITS DIFFICULT TO VALUE....

APPLY IN THIS IPO SURE IT WILL TOUCH 150+ ON LISTING
APPLY IN SJVN IF COMES CLOSURE TO NHPC MARKET PRICE



for mandhana:
GOOD CO, GOOD BUSINES , GOOD VALN

ITS IN THE BUSINESS OF CONTRACT APPAREL MANFG FOR LEADING BRANDS LIKE PAONTALOON, AB NUVO, GINI&JOHNY AND OTHER FAMOUS BRANDS.......

ITS STRICTLY COMPARABLE WITH BOMBAY RAYON.......

ITS FINANCIALS FOR 2010 NOT GIVEN, AFTER GETTING THAT I WILL THINK OF APPLYING BUT GOOD ISSUE TO APPLY
FOR FY'09 IT HAD EPS =11, BV = 40

GMP OF TALWALKERS IS 22-24 AND FOR MANDHANA 20-25
APLLY IN SMALL LOTS IN MORE APPLCANS.....