Niraj Cement Structurals Ltd IPO Message Board (Page 10)

i hav nt any idea abt these issue can i apply for these

I think niraj cement isuue looks reasonably good

sherkhan i follow your comments. please advice me of this issue.

Hello friends, please advise shall I invest in this IPO?

BAFNA PHARMACEUTICALS IPO WILL HITT THE MARKET ON 27-05-2008 FIX PRISE @40Rs SHARES 6500000.................................SHRE OPINION ALL FRIENDS......... I WILL GO FOR IT................

not so attractive,post ipo EPS 6.3, AND PE-30,SMALL COMPONY,positive factor is low equity........................................

wht about this ipo

niraj cement structural IPO will play momentum activity after listing because nearly 5%(5,oo,ooo share)are held by NIRMAL KOTECHA.who is well known as BULL OPERATER.

31.03.2007 (Unaudited)      )
Income from Operations       7,997.04
Expenditure:      
a. (Increase ) Decrease in stock in trade      
b. Consumption of Raw Materials       6,319.42
c. Staff Cost       108.91
d. Other Expenditure       184.89
Profit before interest, Depreciation and Tax      
Interest        131.03
Depreciation        83.31
Profit before Tax       866.77
Provision For Current Tax       95.35
Provision For Deferred Tax       83.93
Provision For Fringe Benefit Tax      
Prior Period Items      
Deferred Revenue Expenditure      
Profit after Tax       771.43
Paid up Equity Share Capital       709.28
Reserves excluding revaluation reserves       3,467.34
Basic & diluted earnings per share       70.93

Dear Frnds

This copany IPO result will be the same as that of " WOCKHARD"

How this small co. making a big price band

So not invt in it.

COMING SOON IPO FOR MCX & RELIANCE INFRATEL DO NOT HAVE A VEST MONEY AND ANUS LAB LISTING RS-300 DO NOT PANIC LISTING DAY WAIT FOR TWO & THREE DAYS

Dear Janklal,
LOt size is 35 share

how many lot niraj cement. please inform me.

Hi, solanki, Niraj is not an exciting issue. It may not give good gains. The industry is not fancied now. JKIL, GammonInfra have not given any good returns. One has to be careful with this issue. Moreover,the issue is priced at a PE of morethan 20.

what about for this ipo

1. Niraj has history of cheque dishonors & bank loan defaults.

2. Application for listing on NSE withdrawn "to hasten IPO process" !!!

3. CARE IPO Grade 1.

4. 70.94 (5032.03 - Net Worth divided by 70.928 equity shares) is pre-IPO "BOOK VALUE", and not EPS. Book value post IPO is 5032.03/103.428 = 48.65. Niraj's website misrepresents figures.
Post issue P/B = 3.9

5. PAT for 2008 was 652.62 lacks (declining from 779.49 in 2006). Pre IPO EPS is 652.62/70.928 = 9.2. Post IPO EPS = 652.62/103.428 = 6.3. Post issue PE = 30 - Very High for a small co.

6. Original issue period was 26th to 29th May. They have changed it to 22nd to 28th May, presumably because of "not very enthusiastic" response to other infra IPOs in recent past.

AVOID.

Basic & diluted earnings per share 70.93 FY07 so issue is open just on 2.5 P/E
just see
http://www.niraj.co.in/fin.html
apply for IPO