Prabhat Dairy Limited IPO Message Board (Page 7)

SIR PRABATH IPO KITNA % SUBSCRIBED HONA JARURI H ?

This ipo may cancel today ....

The co. is an interesting play on discretionary spend...

... however high valuations acts as a dampener, a sign that the co. wants to extract the max. possible when the market conditions were going good.

Current market conditions make it a investment case for HIGH risk-takers only!

M Gupta ji

Plz tell us about prabhat

M.Gupta seems never advising on any confusing ipo....

He IPO Jo bharega usako 11 kg ghee prbhatji denge taki lambe samay tak waiting kare people who application or moj kare ,.............500 price of ghee 1 year waiting apply or enjoy your money come after one year tab tak shuddh ghee khaye

Your response shows how well you have gone through the DRHP...ghee is a very very minute part of the overall sales of the Company..Cheers to your analysis and those who seek guidance from you!

Prabhat Dairy is failed in stock market.. did''t get investor''s interest. Be careful and avoid this ipo strongly otherwise you will get a very big loss in this.

Navkar will list on more than 30 Rs premium. wait for navkar listing

Navkar get minus 30 on listing only shred pushkar get good listing navkar issue 59% cheque stopped after last day submission.

Big Avoid. It will listing on near about 60-70 per share.. Subscribed only 7 % in retail on 2nd day. Wait for navkar listing and avoid Prabhat Dairy.

Reasons never to apply this ipo. 1) expensive pe you wont find many companies with that high pe even the ones which are increasing profit of 50 pc yoy 2) infact you profits have declined they dont deserve pe of more than 35 so fair value is 80 rs 3) large issue would need big investor to stablize price it wont fibd any 4) its competitor profits increased yoy and prabhat profuts decreased yoy 5) market wont support this high pe and better stocjs avavailable in secondary. Avoid and teach greedy promoters a lesson. Hope this ipo does not sail through

You will be surprised and will soon be biting your own words once the stock lists...this is a multibagger in the making...as a common retail investor who has been looking at FMCG / Food stocks for a long time..I have a lot of conviction!

Bankers may end up taking some desperate measures to make the issue sail through in these tough times but that will make the opportunity only more compelling for retail investors like me...

M Gupta ji

Ipo God

Plz flash ur light on Prabhat

I request u

There are many new boaders on Chittorgarh

Many insisting to apply

I request all members to look into company profile

Dont apply just looking at this board

U may trust
Sredhar septa pinkyjain Babukalia

No one else thats all fake message to tap retailers


And
Atleast


Follow blindly

M Gupta

Ipo God

So overall conclusion is that it is a big aviod.this company has no anchor investors and dubicious structure of subidiaries.one guy who is favouring this issue let him apply rest all wait for listing and buy at real valuation which is below 50

All Investors must make a demand to SEBI, FM and GOI to allow very minimum or low premium on IPOs. Old regime of CCI was very beneficial to genuine investors.

stay away from this ipo

Issue is subscribed only 0.20 times. This would answer all those who were recomming this as good IPO.
So what would happen now, would this IPO be taken back or those poor guys who subscribed will be alloted?

QIBs subscribed 37 per cent of the portion reserved for the segment. While non-institutional investors (HNIs and corporates) did not bid at all, retail investors subscribed just over 5 per cent of the portion reserved for them
AVOID AVOID AVOID AVOID

All this for this steeply priced IPO u say I am wrong with number and profit okay but still PE is away away away to high anchor investor not interested promoters selling so best of luck to u mate. But for me this is a avoid. From all I know u could be neotrader in different avatar

Its not about analysis. The fact that there profits amd margins have decreased yoy what make them price thia stock at 64 pe. They could have left something on table and come at 30 or 35 pe but looking at this being large issue and heavy selling expected on day 1 capital market too have given 30 rating which is very poor. Avoid and stay away on such risky ipo. Check what happens to ufo which came at 40 pe and also was on good entertainment space but was hammered then due to expensive valuation. Stay away better scrips available in secondary market at low price

2011 revenue 2865.71 million NP 103.43 million
2012 revenue 4658.92 million NP26.43 million
2013 revenue 5612.87 million NP 20.20 million
2014 revenue 7795.86 million Np 30.95 million

2015 revenue 8748.74 million NP 36.01 Million
This company has increase it top line but bottom has go worse
In the red herring it says it had issue with IT department and sales tax department
Avoid Avoid Avoid

Dear Septa,

I believe you have a very limited understanding of financials. You are quoting the standalone financials of the Company and that too incorrectly (the net profit values quoted by you are wrong...please check the RHP).

The Company is the 100% owner of the subsidiary so whoever is alloted shares in the Company through the IPO will also own the subsidiary proportionately and will be entitled to the consolidated net income of the company.

Agree with you that the valuation seems high on historical basis, but even an amature analysis will let you understand that the Company has done a lot of capex in the recent past which means high depreciation expense which will smooth out as the capacity is put to utilization. The Company has good operating cash flows and is coming to the market only to reduce its debt which will further increase the PAT by around 20 crores.

However, it is a fact that there has been poor response to the IPO which is mostly due to the negative words spread by people doing incomplete analysis.

So, please present complete picture in case you want to provide your opinion to potential investors. Otherwise your words lack credibility and serve only one purpose which may be negative publicity due to some foul reasons.

And yes, I declare that I am a newbie, who only tracks posts here and has never commented in the past, but given your incomplete analysis based strong negative views, I felt like speaking up.

Hi Guys,
I feel this is a decent company to invest. Look at the clients it has : " Institutional business contributes 76 per cent of its revenue. Mondelez India Foods (formerly Cadbury India),Britannia Industries, Mother Dairy are among Prabhat''s marquee institutional clients."

I have seen misleading analysis from analysts during IPO... once the IPO closes i have noticed that many analysts are positive on it. So just take a call yourself after looking at the business it is in.
All the best.
Ashwin

Better Avoid

May go long buy at listing

Final call

Stay away

PRABHAT - WHERE ARE THE ANCHOR INVESTORS?
SEEMS TO MUCH FISHY,
HOPE YOU ALL GUYS TAKE YOUR DECISION BCOZ ITS YOUR MONEY

Called lead manager to ask why no anchor investor was surprised by the answer Quote unquote "The company did not opt for any anchor investors." This company think we are fools anyway Big Avoid

Why am i seeing so many first time boarders only for this IPO?? Daal main kuch kaala hain!!!
and i agree with septa and wont invest in this IPO..

Is this intentional by ICICIDIRECT to not show this IPO ??
Also I see that Sadhbhav has taken loans from ICICI bank and one of the objective of this IPO is to repay to ICICI. Whats bad is for Sadhbav the PAT is a constant steep decline.
Seems we can even trust the banks recommendations!!

If you give them a call they will give you option to apply...not putting on website as they are not bankers on the IPO and wanted to be...