Prakash Constrowell Ltd IPO Message Board (Page 4)

yesh is discribing about market cycle,I think this is working from about for last 200 years in USA

mr gupta, apply a bad issue is most dangerous than non apply of a good issue.the total money will wipe out in first case but only missing an appartunity in later case.please your view on this

PRAKASH CONSTROWEIL LTD IPO CLOSE 21/9/2011 RS 138 LOT 50 AMT(96,600) SHARE(700)AMT(193200) SHARE (1400) CHEQUE: "ESCROW A/C PCL PUBLIC

Valuation - CM 20/100

In FY 2011, consolidated sales of the company grew by 12% to Rs 126.91 crore and the operating profit was up by 58% to Rs 16.02 crore on the back of strong expansion in operating margin to 12.6% from about 8.9% in the corresponding previous period. The net profit was higher by 43% to Rs 10.65 crore. Thus the EPS stands at Rs 7.2-7.3 on post-IPO equity at the offer price band of Rs 130-138. The P/E works out to 18.1-18.9 times.

In comparison, construction companies of similar size are quoting at 3-8 times their FY2011 EPS. For instance RPP Infra quotes at a PE of 8 times of its FY2011 EPS and that of PBA Infrastructure was quoting at a PE of 6.5 times.

Good news : Ahemdabad - GMP

ONGC Buyer - 5200

Prakash const. - 2600

SRS - BUYER DISCOUNT RS. 1, May list at Rs. 3 to 5 discount.

2650/- At Jaipur.

price band Rs.130-138

Another third class IPO-----

This Issue has been graded by CARE and has been assigned ‘CARE IPO Grade 2’ [Grade Two],
indicating below average fundamentals through its letter dated August 22, 2011. The IPO grading is
assigned on a five point scale from 1 to 5 with an “IPO Grade 5” indicating strong fundamentals and
an “IPO Grade 1” indicating poor fundamentals. Pursuant to SEBI Regulations, the
rationale/description furnished by the credit rating agency will be updated at the time of filing the Red
Herring Prospectus with the RoC.

12. prakash kundur

You need to compare Acropetal performance vis-a-vis to CNX-IT & Small-Cap Index. If it is outperforming for one month, then you BUY at corrections - Eg: in case it has increased 30% in one month, buy when it dips 10% from the peak & 5% - 8% below your buying price should be stop-loss.

Check brokerage house reports in web-sites, print media. Identify its peers. Compare valuation with its peers. If Acropetal is outperforming its peers since one month, then you buy at dips.

When it starts UNDERPERFORMING benchmark index / its peers since one month, then it is time for you to exit.

You need to do your homework well while investing. My opinion should help you to arrive at your own decision.

I don't agree with thought that you should BUY when Acropetal is cheaper to its peers. If any stocks fundamental is strong, then that deserves some premium & hence, I look at outperformance to benchmark- not cheap valuation compared to peers.

Hi Ravi Bangalore,

Thanks for the inputs on Acropetal.

Somehow my gut feeling is it may keep the upswing till the ex date for dividend of Rs1.20 is on.Book closure between Sept 21st to 28th.For the Qr ending June 2011, the sales was Rs 44.23 crores and a net profit of Rs8.78 crores.An EPS of Rs2.26.Paid up equity Rs38.89 crores and reserves of Rs229.01 crores.(available at BSE website).

Based on these fundamentals and with your technical analysis should we buy more or hold.

If the IPO was priced at Rs 90 and is now available at Rs 20 I am thinking it is a BUY.Although you have linked the holding in Acro to it outperforming CNX IT index, will the above fundamentals make any difference??

Since you are from Bangalore, do you have any info on its standing and if any real work is happening there.

Please help me out of my dilemma.Thanks in advance.

For Mannapuram Put a buy order between 901 & 931 ie 901 911 921 931 equally.You may get one or all of them during the selling spree.Good profit can be made in a few days

There is a din of comments for investors to sift through in this web-site. Unfortunately, quantity is no guarantee of quality.

Comments play a useful role in stock market, but you should understand that role.

Be careful about what you assume whenever you invest or even consider changes in your portfolio. Keep in mind:

Is it right for YOU? A "Buy" opinion does not mean that every investor should acquire the stock; nor does a "Sell" opinion mean that every investor should immediately sell it. Your own financial situation and investment needs are what matter. If you consider any individual opinion, do not view it in absolute or abstract terms, but in the context of your own unique financial situation.

Comments differ in quality. As in any other field, not every comment can be the best. To know about different people's track records, you can follow their opinions over time.

Making Your Investment Decision

The fact that 90% of comments are useless does not mean that their comments are without value. Often comments will contain useful informations that may provide useful insight even if you do not take their comments at face value. Often, commentators will take position & they will ask to BUY if they are holding that stock or give SELL opinion if they have missed-out the rally. In any case, you should take all potential conflicts into consideration in assessing how much weight you should give to comments.

Whatever a given Boarder recommendation may say, always consider whether a particular investment is right for you in light of your own financial circumstances. Remember, you are the boss, it's your money, and your situation and goals that matter.

In brief, please remember, "Before you invest, investigate." This may seem like just a slogan, but in fact, it is sound advice.

Never rely on a comments alone. Do your investment homework. Check other websites, opinions of major brokerage houses, experts opinion TV / internet / print media. Their opinion could help you to arrive at your own decision. Because there is no substitute for investors who know how to look behind commentetors recommendations.

4. prakash kundur

As per Goldman Sach Wipro & Infy has almost bottomed-out. There could be anotehr 10% downside.

In other words, there may be less than 10% downdie left for IT index. Hence, as long as Acropetal outperforms CNX IT index, you bet & hold on. When it starts underpeform consistently, exit. Enter again if starts outperforming again. In this process you loose only brokerage. If you keep holding when stocks is loosing, then you may loose your shirt.

4. prakash kundur

Acropetal 19.75

Hold with a stop @ 17.30. It could rise to 20 or even above 22. Right now, it is riseing with high volume.

If stops-out, below 16 is good entry point.

If breaches 14.90, then honey-moon is over. A fresh review required.

Source-Economic times


Taksheel Solutions to launch Rs 800 million IPO

MUMBAI: Information-technology firm Taksheel Solutions Ltd (TSL) will launch its 800-million-rupee initial public offering on Sept 29, a top official said.

The Hyderabad-based firm, which offers IT products and services to financial services and telecom companies, plans to use 220 million rupees from the proceeds for acquiring firms in a similar line of business, its Chairman and Managing Director Pavan Kumar Kuchana said.

"I don't see a slump for this sector..for the wealth management software industry. It's kind of stable. According to me, this is a sunrise industry," Kuchana said.

The initial public offering will close on Oct. 4, he added. TSL, which intends to issue 5.5 million shares through a fresh issue, intends to use proceeds to set up two software development centres, acquisitions and other corporate purposes.
----------------------------------------------------------------------

I hv not heard abt this company even though I m from Hyderabad.
Morever Hyderabad IT industries like Satyam,Tanla,bartronics,
Infra Ramky have buried the investors.
Unless I feel there is some satta I m not going for it.I personally think these fellows are incapable of even doing the operator game.

looks like, j kumar infra which stood good bet for last 4 years and now this should do well in the subscription part even though it belongs to infrastructure

Hi Ravi Bangalore.

A stimulating exercise for you.

Please do a technical analysis for your own Bangalore based Acropetal Technologies, which is appearing to be a good buy at this price.There are some positive developments in the company but your technical analysis is needed to get a better picture.

You may hop on too if it appears interesting.

Ali bhoy sakarbazar wala ji
Kindly also reply to my posts sir
should we consider prakash ipo

Mr. Sameerjaipur,

It is not gujarat base company, it's head office is in Nasik and mainly operates in Maharastra.

first part of your comment is correct that chances of speculations are there.

Chandravadan Jani