Prataap Snacks Limited IPO Message Board (Page 17)

50-50 chance Paresh

Finalisation of Basis of Allotment: On or about September 29, 2017

Post Issue EPS 2016-2017= 938/222=Rs.4.23 (Assuming Dilip davda''s calculation is correct)
Estimated EPS 2017-18= Rs.7.40 (Assuming a 75% Increase on an optimistic basis)

As per your estimates the calculation of interest cost is as follows....

Interest cost per share=(15*260*938*.06*7)/365*15=Rs.280.62 per share

Estimated Listing Price=938+280.62=Rs.1218.62

PE based on 2016-17 EPS =1218.62/4.23=288 times
PE based on 2017-18 EPS=1218.62/7.40=164.67 times (PE of DFM Foods 83.08)

Bottom line inconsistency is a headache for this company. Instead of applying in this overpriced IPO, one would prefer to buy DFM Foods at this level. Dont apply looking at GMP as It will disappear by listing day.

Fair Valuation IMO (For short term period)

Optimistic at PE 140 --7.4*140=1036
Moderate at PE 120==7.4*110=814
Pessimistic at PE 83.08==7.4*83.08=615

So IMO NII should not cross 90x. If it crosses 90 I will apply all my applications without fear.

NII will not cross even 50x

NOT EVEN2.6

Estimating subscription figures based on GMP is a wrong method

ICICI RUPEEYA JAM KARINE BETHO CHE PACHI KYA THI AATLO BADHO
BHARAY ?

BHAI TAME SACHA CHHO.SATYA NI GHANA NAJIK CHHO

ur good wit prediction

@ANKITXYZ

NII APPLIED ABOVE 100X

@KENIL

Good Subscription after 3PM exceeded my expectation of 90x

Ankitxyz NII''s 100.6

My estimation Almost Correct in QIBs and Retail
I said QIBs 80x but 76.89x and Retail 8x but 7.50x

Prataap Snacks Limited IPO
No One always 100% correct in the market
With my 50% knowledge i estimated.
some times it may work and some times may not.
Even i too wants to learn more from experts.

Awesome prediction.

HNI did not participate actively because two giant issue had blocked money of them (ICICI,sbi)
2nd thing some of the big players still feel that market conditions are bad and not to take risk .
Otherwise it will stick around 220-260 as per your predict.
Well it''s not about true prediction , as in the end all the games are in big players and they can turn the game anytime either for double or lack luster...
Hope for the best as DIWALI around the corner.

KING VINOD U R Real expart.

@King Vinod

My objection was limited to NII category. You can check my post once again ,I have nowhere mentioned my prediction about QIB. it is normally assumed to be 60 to 70 percent of NII however it does not exceed 150x in most of the case.

I had objected the same thing in case of EE''s post also. you can check here ..

194.18. Ankitxyz Sep 23, 2017 6:11:38 PM IST I Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)

Bt I respectfully disagree with your subscription estimates. NII 210x is a highly optimistic target for Prataap.

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Anyways overall subscription is good for those who have applied for listing gains & for long term investors It all depends on post listing performance of the company. Seems QIBs are hopeful that the company will successfully introduce the high margin products to improve bottom line at the same time maintaining top line CAGR.