Narayana Hrudayalaya Ltd IPO Message Board (Page 33)

Narayan Hrudalaya may not be subscribed by HNI or NII investors. The funding amounts from big brokers like Kirla, Potak, KM, Chotilal and others are not confirming despite issue open today.

The reason given is during December 21st onwards there are more than 4 holidays, as a result the money is likely to come back only in the New Calendar Year 2016. There by the funding cost will increase to 11 days instead of 7 days. This in turn is likely to increase the funding cost to Rs 33 per share @ 100 times (NI or HNI quota) oversubscription.

The premium from Rs 60 to 65 per share is gradually fallen to Rs 40 per share today. Considering that it may not be able to subscribe by more than 25 times (if big brokers dont do funding), then the funding cost works to Rs 8 per share. which is still better than Rs 40 premium currently quoted in the grey market.

However, the valuations of the company are stretched and looks like they seek premium valuations. Apollo Hospital and Fortis are brand leaders and clock more than 3 times the sales then Narayana Hrudalaya...... Still the company seeks high Price to earnings ratio (PE) of nearly in excess of 55. Very little left for the investors to gain from listing.

One could under take sell in the grey market and then apply for the share under HNI or NII category. In either case, without the funding the issue has challenges.

Sell first and then apply.

Which 4 days are Holidays ?

Bank holidays are only 2 days .. .i.e. 24th & 25th December
NSE Holiday is only 1 day .. i.e. 25th December

So friend nh subscribe or avoid ?
pls suggest

FOR VIRAJ IT IS STILL AVOID , IF HE CAN STILL NOT MAKE UP HIS MIND TO APPLY OR NOT APPLY

Ok thenks chem cho

Kostak rate of NHL

NH Kostak 450

WHAT IS KOSTAK PRICE IN RAJKOT........

Apply for listing gain

Here speaks the IPO analysts pinkyjain. Whoever, is applying pl borrow money from Pinky and apply for listing gain. If profit is achieved, share 50% each. If loss then at least ur money will be saved. But before applying everyone kindly pl ask pinkyjain on what basis is she/ he asking to apply for listing gain. Very curious to know.

Suggesting again to everyone. Pl avoid applying in this IPO. Jyada lalach bhi buri cheez hai.

0 0 Google +0 0 Singapore govt, others commit Rs 184 cr for Narayana IPO Narayana Hrudayalaya, which is to hit the primary markets with a Rs 613-crore IPO today, said it raised Rs 184 crore from 15 anchor investors, including Singapore government, at the upper price band. The Devi Shetty-run hospital company has allotted 73.57 lakh equity shares at Rs 250 per share aggregating to Rs 183.93 crore to anchors investors like Morgan Stanley, Mirae AsManagement, Nomura, Government of Singapore, Reliance AMC, Birla Sun Life, DSP Blackrock, UTI, ICICI Prudential, SBI MF among others. The IPO opens on December 17 and closes on December 21 and the company has price band of Rs 245-250 for the sale. Post-IPO, promoters would have 65 percent stake in the company. The IPO includes an offer of sale of up to 2.45 crore equity shares representing 14.04 percent stake in the company by the promoters and other existing shareholders. While the government of Singapore picked up 3.95 percent, Monetary Authority of Singapore picked up 2.72 percent in the issue, according to a statement from the company. FIL Investments, Mauritius picked up 6.67 percent, Mirae AsAsia picked up 6.67 percent, and Reliance Capital Trustee Co got 5.04 percent while another Reliance Capital Trustee Co arm picked up 1.63 percent. Birla Sunlife Trustee Company (1.67 percent), its another arm (5 percent), HDFC Trustee Company (6.66 percent), three funds from ICICI Pru Growth Fund (around 6 percent, DSP Blackrock (6.67 percent), and Morgan Stanley (13.33 percent). The book running lead managers to the offer are Axis Capital, IDFC Securities and Jefferies India. Shetty up the hospital in 2000 and operates a chain of 23 multispecialty, tertiary and primary healthcare facilities and eight heart centres, and 24 primary care facilities across 31 cities, with 5,442 operational beds and the potential to reach a capacity of up to 6,602 beds. In FY 2015, the facilities provided care to over 1.97 million patients. As per Shetty, the company plans to up four new hospitals at an estimated cost of around Rs 100 crore. The 241 bedded hospital at Vaishnodevi will be up in public-private partnership (PPP) model and it will be ready in 12 months period. "We are also setting up new hospital in Mumbai and 226 bedded facility in Lucknow. The company''s new facility at Bhubaneshwar is still under discussion stage," he had said recently, adding that the company will also pursue inorganic growth for future expansion. Narayana Hrudayalaya is the third company from healthcare sector to launch IPO this month after diagnostic chain Dr Lal PathLabs and pharmaceutical firm Alkem Laboratories

Read more at: http://www.moneycontrol.com/news/ipo-news/singapore-govt-others-commit-rs-184-cr-for-narayana-ipo_4614641.html?utm_source=ref_article

narayana grey market premium again goes up to 42.

its confusing to apply or not to apply as there is a lot of volatility in grey market premium which goes down and again comes up.

I don''t say that the fundamentals are good but there is still premium, even if we count that 40 rupees is the premium than also we get 60*40= 2400 which is not bad on investment of 15000 in fifteen days. if premium is above rupees 40 till the last day of narayanas subscription then I think we can apply for this IPO.

Narayana Hrudayalaya GMP 28-30 per share

MOST OF THE GUYS INTHIS FORUM AFTER APPLYING IN 2 IPO
DONOT HAVE FUNDS TO APPLY
HENCE MAKING AN ISSUE NOT TO APPLY


APPLY FOR LISTING GAINS

Alkem & Dr. Lal refunds will definitely come in by Monday 21st December ... and so that money will be available to applicaiton in Narayana IPO

EAGLE EYE ,
ONLY PERSON WITH CHEQUE PAYMENT MAY BE ABLE TO APPY , BUT IT IS STILL DOUBTFUL

Anyone know about that when we r applying through hdfcsec asba online...than there is no column for fill the client id. Instead there is a column of beneficiary a/c no....my question '' is client id & benificiary a/c no. are same??'' Pls. Help i m applying online first time

Yes Mr.AGB is correct
I''m also holding HDFCSEC A/c is fast and perfect

Yes Anvil. U need not worry.

Looking at the company’s fundamentals and valuation we should avoid this IPO by short-term investors becawe don’t see the listing gain.

Company has demanded same valuation as Apollo Hospitals. If you want to subscribe for a long-term vision then may go forward.

NH GMP @30 (falling further)

THIS WILL KOOOOOOOOT U
THIS WILL LOOOOOOOOT U

FOR details refer our earlier mails.

Narayana Hrudayalaya

Anchor Investors include 7 FII & 7 Domestic Mutual Funds

1      Govt. of Singapore      490,466
2      Fidelity      490,466
3      Mirae AsMgmt      490,466
4      Morgan Stanley SICAV      490,466
5      Harvard Mgmt Co.      490,466
6      Morgan Stanley Mautitius      980,930
7      Nomura Int''l      490,466
            
8      Reliance MF      490,466
9      Birla MF      490,466
10      HDFC MF      490,466
11      ICICI Pru MF      490,466
12      DSP Blackrock      490,466
13      UTI MF      490,466
14      SBI MF      490,466
            
      Total      7,356,988


All at the rate of Rs.250/- per share .... Value Total of 183.92Crs

Narayana Health has raised Rs 184 crore ($27.5 million) from a group of anchor investors, including Singapore''s sovereign wealth fund GIC.

Other investors who participated included investment units under Fidelity, Morgan Stanley besides several domestic mutual funds.

Wait untill saturady ....
You got clear ans....

Fair value 145

what happened? yesterday you were saying this share to list @ 310/-. now suddenly fair value down to Rs. 145 only? why this kolaveri D?

hi can i invest in this ipo

narayana Grey market premium crashed to 35 rupees from 65 but still there is some premium. if this trend continues then the premium would go down in coming days also.

Today there is also fed rate meeting in US which is also a bigger event for market. if fed rates are hiked by .50 BPS points then market would be under pressure and narayana would also be affected, so let''s see what comes in fed meeting which could also affect markets.

CNBC Awaz say 10 /12 premium

I expect Fed to raise interest rate by 25 bps as to assess the market reaction. Rate hike will be slow at the beginning. Further market has already incorporated this event so flat / up move seems more likely.

lets wait for the list of anchor investors. If there are more than 20/ (not of the same group) then one can expect good listing gains.

For Me Mr Gupta has said "avoid" means "avoid". Now I dont care grey market.