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Parag Milk Foods Ltd IPO Message Board (Page 33)

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138. ABBAS BHARMAL |   Link |  Bookmark | April 30, 2016 7:17:10 PM
Parag Milk Foods Ltd IPO
KOSTAK ??? GMP???
138.1. Eagleye |   Link |  Bookmark | April 30, 2016 7:59:33 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
KOSTAK is 500/- only sellers, no buyers
GMP is "No Quotes"
137. bangalore king |   Link |  Bookmark | April 30, 2016 6:52:50 PM (400 Posts)
Thyrocare Techno :- The premiums were at Rs420/466 but came down to 180/185 but after good response to the issue it has touched 220/225. Minimum application rates also touched Rs1300/1350 but came down to 800/850 after the issue getting 73 times subscription. Premiums could be highly volatile on listing.

Ujjivan Fin :- As Thyrocare subscription has been closed, now the market players have
turned to Ujjivan. It may repeat history of Equitas Holdings as the premiums crumbled to 30/32 but have bounced back to 45/48. The application rates have come down from 1200/1300 to 850/ 900

Parag Milk Foods :- It is lacking fancy as investors are interested in Thyrocare and Ujjivan. The preimums have come down to 25/27 from 40/42. The application rates have also come down to 550/600 from 1050/1100. It may get response once Ujjivan''s issue is closed.
136. shivam chouksey |   Link |  Bookmark | April 30, 2016 4:33:42 PM
I think riskcy trader should applye for 25% listing gain including rs 12 discount
135. Purvi shah |   Link |  Bookmark | April 30, 2016 3:46:28 PM
All please note that the parag milk foods which owns the brand Govardhan and Go cheese in based in Manchar and Mumbai. The promoters are Devender Shah, Pritam Shah . Request you to please visit the official site www.paragmilkfoods.com .Thank you
135.2. bharat bajaj |   Link |  Bookmark | April 30, 2016 4:23:22 PM
r u belong to company.
135.3. Purvi shah |   Link |  Bookmark | April 30, 2016 4:23:26 PM
No i am not from their family.
134. RJAUS |   Link |  Bookmark | April 30, 2016 2:36:48 PM
I am new to this forum. I am a long term investor , can anybody please share the link of the forum wherein we can have discussion regarding shares which are already listed and are good to buy or sell
133. Dinesh Singh |   Link |  Bookmark | April 30, 2016 1:42:42 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
If the QIB will be more than 10 times, go for this for listing gain other wise not.
132. mehul mehta |   Link |  Bookmark | April 30, 2016 1:05:32 PM
FIRST OF ALL I INFORMED ALL NOT TO APPLY THEN EAGLEYE REALISED IT SHOULD BE AVOIDED GOOD LEARNING EAGLEYE
132.1. BULLS OF INDIA |   Link |  Bookmark | April 30, 2016 1:07:15 PM (200+ Posts)
You are right. Everybody is learning from you only.
132.2. Eagleye |   Link |  Bookmark | April 30, 2016 2:09:56 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Yes Sir, I have been learning so much from this forum ... Including from you too ... All credit goes to you only _/\_
131. bharat bajaj |   Link |  Bookmark | April 30, 2016 1:02:33 PM
1. i have taken opinion from my pune and mumbai based our relative that product are not such popular as well as not up to the mark.

2. in last one or two year they are making purely advertisement for IPO purpose. they comes in forbes magazine. please search on google.

3. most importantly yesterday i have seen a news on FTA agreement with EU. as per Amitabh Kant a top modi government industrial secretary .

India needs to seal FTA with EU even on compromise: Niti Aayog CEO Amitabh Kant

Highlighting significance of apparel exports in job creation, Niti Aayog CEO Amitabh Kant said: "It is better to compromise on wine and cheese and on large vehicles to push for our apparel exports with Europe so that we can penetrate these global markets because this is one sector which will enable us to create large-scale jobs."

parag major business is cheese which very hard suffering if ban is lifted.

4. currently back to back three ipo equitas, thyrocare and ujjivan all ipo very good. many investor trap easily in this mood. so that motialal oswal and IDFC pe think thyrocare ipo fund release on 5th of may that day fund comes in bank. many person can easily apply to parag ipo.

AS PER MY SUGGESTION IF SOMEBODY WANT TO APPLY PARAG MILK.
1. PLEASE APPLY ONLY ONE OR TWO APPLICATION.
2. IN NEXT 10 TO 15 DAYS MAY BE MARKET DOWN AT THE TIME LISTING OF PARAG DUE TO BANKING SHARES RESULT ARE NOT COMES VERY GOOD. ALREADY GOOD RESULTS COMES IN APRIL.
130. Eagleye |   Link |  Bookmark | April 30, 2016 12:55:35 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
PARAG IPO

Merchant Banker is Motilal Oswal Financial Services ...
plese see their track record before taking your decision to invest in Parag ...

Melody Khao ... Khud Jaan jaao !!

;)
130.1. satish krs |   Link |  Bookmark | April 30, 2016 1:28:02 PM
Plz provide list of ipo manage by motilal oswal......
Thanks......
130.2. Eagleye |   Link |  Bookmark | April 30, 2016 8:34:58 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Parag Milk Foods
S.P. Apparels
Nihilent Technologies
Numero Uno Clothing
Pennar Engineered Building Systems
Power Mech Projects
Plastene India
Tree House Education & Accessories
Galaxy Surfactants
Ashoka Buildcon
Ind-Barath Power Infra
Jindal Power
MBL Infrastructures
Pipavav Shipyard
Resurgere Mines & Minerals

For more you visit ...
http://www.motilaloswalgroup.com/Our-Businesses/Investment-Banking/Transactions

129. rahoolgupta |   Link |  Bookmark | April 30, 2016 12:23:35 PM
As per experts opinion of our group members I will also give a Thumbs Down to Parag IPO.
It will be good to apply for Ujivan
128. Septa |   Link |  Bookmark | April 30, 2016 10:17:25 AM (4000+ Posts, 4600+ Likes)
Financial comparison between Parag and Prabhat
Particulars Parag Milks Foods Prabhat Diary
Sales 1231.18 862.23
PBIDT 108.04 91.42
PBIT 84.35 63.17
PBT 49.46 27.76
NP 31.92 16.36
EPS 3.79 1.68
PBIDT MAR % 8.8 10.6
NP MARGIN % 2.6 1.9
FY16 NP 42.6 21.8
FY16 EPS 5.1 2.2
CMP 227 112
PE 44.8 50.2
CAPACITY
PER DAY 20 MLT 15 MLT

looking at these data the difference is only 10% so with so less upside better to sit on sideline and wait for some correction before entering. I AM NOT APPLYING FOR THIS IPO
128.17. SONMAYA |   Link |  Bookmark | April 30, 2016 8:43:06 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
RKS...U R HERE..WHO WILL GUARD..US FROM ...
128.18. RKS |   Link |  Bookmark | April 30, 2016 9:56:28 PM
Sonmaya why do u want someone to defend u. Have guts to stand for urself. I fully understandwhat u mean. I have said what I had to. Stop typing in Morse code.
127. Eagleye |   Link |  Bookmark | April 30, 2016 9:36:57 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Thyrocare GMP 219-222
127.1. Arup |   Link |  Bookmark | April 30, 2016 9:45:09 AM (900+ Posts, 300+ Likes)
More buyers?
126. Eagleye |   Link |  Bookmark | April 30, 2016 9:36:45 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Parag GMP - No Trades .... Totally Thanda !!!
126.1. Viraj |   Link |  Bookmark | April 30, 2016 11:28:22 AM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
I think activity strat tuesday after ujjivan ipo..
126.2. Eagleye |   Link |  Bookmark | April 30, 2016 11:47:46 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
In Ujjivan ... grey activity was going on even before closing of Thyrocare IPO ... so why in Parag activity will start only after closure of Ujjivan IPO ?
125. IPO Riders |   Link |  Bookmark | April 30, 2016 9:16:51 AM
Let me add something on Alkem

Firstly there is no USFDA issues, you can check in USFDA web, no 483 in last audit

The issue is with german bFarma of first gemany and recently MHRA.

The bFarma audited before IPO but findings came after IPO.

The 1 finding is same of bFarma given by MHRA.

But findings are not of serious critical issues that shows managements intension for it, it was only small short custs which caught by auditors, there is no any fundentals quality issues, which is already corrected by company.

But it seems some big players with wasted interest with paid media to get the shares at much discounted price are not leaving it.

Even people who are giving target buying price might have started accumulation.

But I know if Alkem management decides to not do it''s regulated business it wil not impact any thing.

They have robust products in domestic pipeline.
125.1. Septa |   Link |  Bookmark | April 30, 2016 9:52:18 AM (4000+ Posts, 4600+ Likes)
nice observation
125.2. Arup |   Link |  Bookmark | April 30, 2016 10:04:30 AM (900+ Posts, 300+ Likes)
One can hold for 3month,tgt#1450
124. dr.anil ashar |   Link |  Bookmark | April 29, 2016 10:19:34 PM
septaji--at what pe ratio the shares r offered?how much book value per share?how much gmp and application form value?how much retail quota and chances of allotment?
124.1. Septa |   Link |  Bookmark | April 29, 2016 10:31:11 PM (4000+ Posts, 4600+ Likes)
i have not looked into the nitty gritty as i am not going to apply in this IPO given SEBI had question mark about it balance sheet. Given this is corporate governance issue as mention before i will not apply. But given only 10% reserved for RII the issue will get good response and may list on premium however i am not happy with its balance sheet and have my reservation. So as i informed earlier i am not applying this IPO.
123. Eagleye |   Link |  Bookmark | April 29, 2016 6:31:33 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
I have taken a decision ... I will not be applying in PARAG...

instead, I will use all my resources and apply in Ujjivan with maximum applications !!!
123.4. Viraj |   Link |  Bookmark | April 30, 2016 6:46:29 AM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
Any resons do not applay PARAG ?

123.5. hasija |   Link |  Bookmark | April 30, 2016 1:35:26 PM
This is your last decision
122. niceplaywins |   Link |  Bookmark | April 29, 2016 5:54:11 PM
septa sir all senior members please comment

1. Why ALKEM LABORATORIES is going down day by day
2. Is it absolutely safe to buy it at this levels
3. Can it go below 800 as well
4. Before this decline I was expecting it Rs 2000 with in 2 years

Please comment.........
122.8. Chem cho |   Link |  Bookmark | April 30, 2016 5:19:09 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
KEEP CRYING AT RS 1050 ,
122.9. hasija |   Link |  Bookmark | April 30, 2016 5:45:20 PM
Chem cho u r greedy investor
121. jeetu vardiya |   Link |  Bookmark | April 29, 2016 1:16:42 PM
GMP & application kostak price kitna hai today
120. bharat bajaj |   Link |  Bookmark | April 29, 2016 12:18:22 PM
April 06, 2015
CARE SUSPENDS THE RATING ASSIGNED TO THE BANK FACILITIES OF
PARAG MILK FOODS PRIVATE LIMITED
CARE has suspended, with immediate effect, the ratings assigned to the bank facilities of Parag Milk Foods Private
Limited. The ratings have been suspended as the company has not furnished the information required by CARE for
monitoring of the ratings.
120.1. Eagleye |   Link |  Bookmark | April 29, 2016 1:21:08 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
if it is dated as 06th April ... then it is stale news ... of no value ... as it will be already factored in
119. bharat bajaj |   Link |  Bookmark | April 29, 2016 12:14:58 PM
December 08, 2014
Mumbai

Parag Milk Foods Private Limited

Rating Suspended

Total Bank Loan Facilities Rated      Rs.3700 Million
Long Term Rating      Suspended
(Refer to Annexure 1 for Facility-wise details)

CRISIL has suspended its ratings on the bank facilities of Parag Milk Foods Pvt Ltd (Parag Milk; part of the Parag Milk group). The suspension of ratings is on account of non-cooperation by Parag Milk with CRISIL''s efforts to undertake a review of the ratings outstanding. Despite repeated requests by CRISIL, Parag Milk is yet to provide adequate information to enable CRISIL to assess Parag Milk''s ability to service its debt. The suspension reflects CRISIL''s inability to maintain a valid rating in the absence of adequate information. CRISIL considers information availability risk as a key credit factor in its rating process and non-sharing of information as a first signal of possible credit distress, as outlined in its criteria ''Information Availability Risk in Credit Ratings''


About the Group
For arriving at its rating, CRISIL has combined the business and financial risk profiles of Parag Milk and its wholly owned subsidiary, Bhagyalaxmi Dairy Farms Pvt Ltd (Bhagyalaxmi), together referred to as the Parag Milk group. This is because the two companies are in the same line of business and have strong business linkages.

Parag Milk was incorporated in 1992 as Parag Milk & Milk Products Pvt Ltd, promoted by members of the Shah family, who have been in the dairy business for more than 15 years. The name of the company was changed to the present on in 2008. Parag Milk, based in ManPune, Maharashtra), has milk processing capacity of around 12 million litres per day. The company''s plant utilises cow milk to produce various value-added products such as processed cheese, skimmed milk powder, ghee, and butter. It has received Rs.550 million from the Motilal Oswal group and Rs.750 million from IDFC PE against zero per cent compulsorily convertible debentures with a put option.