Narayana Hrudayalaya Ltd IPO Message Board (Page 30)

money for better ipo''s coming in 2016

how promoters can demand 200pe for a hospital ipo. why investors invest such a high priced ipo. as far as indigo ipo is concern it is going to post eps of rs 75 fpr fy15 with promising future due to low rate of atf and bright future of avaitaion industry in ihdia. Eps will show 25cagr for next five year and expected dividend yield will remain near about 5%.I do not know the game of operator but as far as my study is concern indigo two year price target is certainly not less than 3000 with 25pe and 120eps and 500% dividend.
while applying in ipo we have to examin future potentiol of earning of a
company and fundamental of his business just examin pushkar chemical issue. In net conclusion narayana hrudayalaya lt ipo is clear cut avoid

Update:
.... BRLM expects that by Monday (issue closing) ...

QIB should be 25X
NII should be 15X
RII should be <2X

GMP 5/- (very heavy trading activity)

Activity in Grey Market is in full swing ... heavy volumes changing hands @5/- per share

Eagleye....thanks for all imp .info......now on last day after looking at sub. Figure...I will take decision...skip or apply...may apply one or two big applied. ...but all depend upon sub. Figure.......thanks once again...

N H Issue is highly overpriced as viewed by Retail Investor fraternity. Response from QIB and HNI is lukewarm as of now. Final day response from these Categories will be keenly watched. There is no doubt NH is a Great Success Story. The Promotors have deservedly rewarded themselves handsomely. Anchor Portion of 74 Lakh Shares approx has been subscribed @250/-. Crashing of grey market premium from 65 to less than 10 does not bode well for a decent listing. SEBI must do something to stop greedy pricing of IPOs.

ipo kaisa hai please reply

bidding kar dena ka monday ko
tuesday positive report aye to thik he nahi to stop payment kar deneka

last din 21dec ko pata chalega issue me kitna dum he
indigo me bhi last din last 2gante me buying & premium chalu hua tha
sab grey market walo ki game he

IT WILL LIST AT MINIMUM 10% DOWN ON LISTING DAY. FAIR VALUE OF STOCK IS 80 RS.
DONT INVEST IN LOSS MAKING, DEBT HIGH P/E

You are absolutely right. But actually public is ready to get killed. Most of the investors are trying to get one reason or other to apply and they will do so and burn their fingers.

Narayana GMP 4-6 per Share

I want to sell app for NHL

NHL pri.su chele chhe

Good News for Narayana Hrudalaya Limited..

CAUTION - ONLY IF HNI OR NII FUNDING IS AVAILABLE AND THE ISSUE OVER-SUBSCRIBES BY NOT MORE THAN 3-4 TIMES. DARK HORSE

Institutions will do HNI or NII funding on the last day - Monday for just about 3 to 4 times being over-subscribed for the HNI or NII quota. However, the rate of interest and nos of days for funding has been raised drastically. Even the upfront margin is huge.

Despite all this, the issue may be subscribed by more than 2-3 times and less than 5-6 times, then Narayana Hrudalaya may delivery handsome returns.

Dear Boarder - I have been following your comments and your observations are very incisive and technical...if one is applying for an IPO for the listing gains...the kind of analysis you do is what everyone should do...problem is people apply fundamental analysis for listing gains...

As for me...I am going to be tracking subscription data until the last minute and apply accordingly...its a strong healthcare delivery play for the long term with a deep focus on cardiology and shadow areas from a healthcare delivery perspective...I am just trying to assess if I will be able to get it cheaper from the secondary market!

Keep the analysis flowing...Cheers!

CCD ka baap hai yeh
Barbaaaaad Kar dega yeh IPO. Listing will be Rs. 100 discount. Long term potential even worse. Loot koot to happen.

Zabar-dast loot.

only Fun-da-mental investors with long term perspective of more than 20-30 years should apply.

Barbaaaaad Kar dega yeh IPO. Listing will be Rs. 100 discount. Long term potential even worse. Loot koot to happen.

Zabar-dast loot.

only Fun-da-mental with long term perspective of more than 20-30 years should apply.

As shown in smartinvestment.in

Other side of Issue Narayana Hrudayalaya IPO
Average cost to the promoters is only Rs 0.017 (Less than 1 Paise)
NAV Rs. 38.24 & Offer price Rs. 245 to 250
It is offer for sale, no funds coming to the company No Discount to retailers
On Consolidated basis, its priced at 200 Plus PE RONW Negative, P/BV 6.5 times
Considering high volumes low margin business it is risky bet


" The average cost of acquisition of Equity shares by promoter Dr. Devi Prasad shetty and shankuntla Shetty is only Rs. 0.017 (Less than 1 Paisa), NAV is 38.24 & Offer price is Rs. 245 to 250
" Company posted loss in year of 2015
" The company having issued initial capital at par during 2000 and 2001 and then issued 75414 equity share of Rs. 10 each at a price of Rs. 53040.55 per share in February 2008 and 20339 shares at a price of Rs. 98336.27 in December 2014. It also issued bonus in the ratio of 577.45 shares for every 1 share held in March 2015 and then converted OCDs into 4360804 equity shares at a price of Rs. 244.67 per share in December 2015. Its current paid up equity is at Rs. 204.36 Cr.
" Discount to retail investors that was planned while filing DRHP is missing.
" P/BV ratio 6.53 times which is very high
" RONW in FY 15 remained -1.42 % (Negative) even in first half of current year it was lower in comparison of year 2014.
" As this being offer for sale, no funds are coming to the company
" Net Profit merging at less than 3 % is very poor
" The current issue (12% of the post offe capital) values the company at Rs. 5000 Cr. 3 times to its estimated revenues for FY 16. This is the lower than valuation commanded by Apollo Hospital, Which valued at 3.6 times of its annualized FY 16 revenue
Remarks : If we annualize these and attribute to the existing equity capital of Rs. 204.36 crore, the EPS will be around Rs. 1.22 and thus the issue is at a P/E of around 200 plus. Its peers (although not comparable on strict norms and business model of NHL) trading at a P/E of around (55) Apollo Hospital, (17) Fortis Malar, (23) Kovai Medical etc. The basic difference between all peers and NHL is the business mix. While others have Premium verses General ratio of 75:25, NHL has the reverse one i.e. 25:75 as it believes in growth via volumes at affordable pricing and is the most preferred partner for many NGOs for the said cause.
Recommendation :- IPO pricing is the main concern It’s a Risky bet

Other side of Issue Narayana Hrudayalaya IPO
Average cost to the promoters is only Rs 0.017 (Less than 1 Paise)
NAV Rs. 38.24 & Offer price Rs. 245 to 250
It is offer for sale, no funds coming to the company No Discount to retailers
On Consolidated basis, its priced at 200 Plus PE RONW Negative, P/BV 6.5 times
Considering high volumes low margin business it is risky bet


" The average cost of acquisition of Equity shares by promoter Dr. Devi Prasad shetty and shankuntla Shetty is only Rs. 0.017 (Less than 1 Paisa), NAV is 382.4 & Offer price is Rs. 245 to 250
" Company posted loss in year of 2015
" The company having issued initial capital at par during 2000 and 2001 and then issued 75414 equity share of Rs. 10 each at a price of Rs. 53040.55 per share in February 2008 and 20339 shares at a price of Rs. 98336.27 in December 2014. It also issued bonus in the ratio of 577.45 shares for every 1 share held in March 2015 and then converted OCDs into 4360804 equity shares at a price of Rs. 244.67 per share in December 2015. Its current paid up equity is at Rs. 204.36 Cr.
" Discount to retail investors that was planned while filing DRHP is missing.
" P/BV ratio 6.53 times which is very high
" RONW in FY 15 remained -1.42 % (Negative) even in first half of current year it was lower in comparison of year 2014.
" As this being offer for sale, no funds are coming to the company
" Net Profit merging at less than 3 % is very poor
" The current issue (12% of the post offe capital) values the company at Rs. 5000 Cr. 3 times to its estimated revenues for FY 16. This is the lower than valuation commanded by Apollo Hospital, Which valued at 3.6 times of its annualized FY 16 revenue
Remarks : If we annualize these and attribute to the existing equity capital of Rs. 204.36 crore, the EPS will be around Rs. 1.22 and thus the issue is at a P/E of around 200 plus. Its peers (although not comparable on strict norms and business model of NHL) trading at a P/E of around (55) Apollo Hospital, (17) Fortis Malar, (23) Kovai Medical etc. The basic difference between all peers and NHL is the business mix. While others have Premium verses General ratio of 75:25, NHL has the reverse one i.e. 25:75 as it believes in growth via volumes at affordable pricing and is the most preferred partner for many NGOs for the said cause.
Recommendation :- IPO pricing is the main concern It’s a Risky bet

Daljeet Kohli of Indianivesh securities advises to invest in the stock. Details in website.

Few points to note from the above report.

1. An extract from the above report "Through the IPO, Narayana Hrudayalaya (NH) proposes to offer 24.5mn shares for sale by promoter & promoter group (PPG) and investors. PPG holds 136mn shares (66.9%) and Investor holds 67.7mn shares (33.2%), out of which, PPG is offering 4.1mn shares and investors are offering 20.4mn shares for sale."
Inference drawn: (67.7 + 33.2)% = 100.1% (Please note 0.1 percentage of 136 million equals to 1.3lakh approx~) now the same (1.3lakh shares * 250 INR @share issue price to be fixed at hopefully amounts INR 3.25 crores) I''m sure most of us in this forum are small retail investors and this value does hold an important significance for us whereas the same does not from its firm''s directional perspective. If you are getting my point the modus operandi being followed in all the loss making IPO''s is just cashing on the numbers from the masses. Companies actually apni lagat retail quota se hi nikal leti hain baaki under the table kaun jaane bhaiyya kya chalta hain.
Companies are just vehicles (controlled by top notch) and in INDIA its all Limited Liability. A small shareholder cannot extract anything from the company in case of losses. On the other hand just watch banks they extract everything under SARFAESI act

Bhai sahab my humble advice to both the ends
Companies - Play Neat, Play White.
Investor - Play safe, play limited )

Rest is all Market and numbers end of the day.

@Rsquare all those applied seems to be fool and you are the most smart. See the subscription and think once more.

eagle eye, nasirul chaudhary and septa doing good work to help others in this group.

guys carry on doing it, really helps everyone.

I thank u for helping all of us.

For those who want to apply for long term, why NH only.. why not Monte Karlo... last year many were willing to apply in Monte...

NOw Monte has become LONG TERM.... (May be 20 year type of lomg term)...

why not purchase any other kajod stock from secondary market.. at least that will trade around your cost...
NH to sabki band baja dega... listing par kai investors khaat pakad lenge...

Absolutely right....rather than NH why not go for Aban offshore trading at half the book value And any given day crude is gonna get scarce with time....

Boss
In short term loot & koot
in Long Term - Usase bhi badi looot & Kooot


Barbaaaaad kar dega yeh investor ko. Listing par NH mein jana padega