Quess Corp Ltd IPO Message Board (Page 29)

grey market price any body knows???

form Price and grey market price pls?

First day of IPO QIB Appx NIL but RII 2x (Appx.) of issue

Advance Enzyme IPO on 4th - 6th July
Correct news ?

Price band is 310-317. But the first default bid accepts only higher price band by default - 317 and it''s grayed out, I can''t edit. Is this always the case, we HAVE to bid for higher price band first?
So I applied two bids :
45 X 317
45 X 311
Is this valid?

^ applied from same bank account

Valid.

Please do some maths before rushing to subscribe. Revenue 3400 cr, Employees 120000, revenue per employee < 3 Lakhs. In order to sustain their business their cost per employee needs to be less than 1.5 L per annum, which is 12500 Rs per month. Add to salary inflation and attrition challenges. They are mainly a blue collar service provider company. PE of 41. With 7th pay commission they can not sustain their cost. No way this company can grow at 30% YOY in next 5 years (that is when you are rushing to buy at PE of 41 with expecting a gain of 30% on listing - PE 52). Please avoid this issue.

No way..what you people think, QUESS is a govt sector company like that?

7th pay comm has no effect on private companies. Zero Effect ! they are not here to compete with govt salary !!!! Damn Height of over thinking !

Forget about 7PC Adarsh. The main point that it is overpriced remains valid. Entering at 45x PE & expecting it to list at 55-60 PE should baffle any analytical mind especially when we have some hindsight (remember Teamlease''s low single digit net profit margin & EPS growth of low double digits vs 55x PE it was issued at?).

As Ajay rightly points out, it''s very difficult to maintain 30% EPS growth going forward.

IPOs are mostly (not always) gambling events. I welcome those who choose to remain sane in such frenzy.

Apply if you must, but there is no need to unnecessarily justify it! I''ll most likely (not sure, though) buy 2 Quess lottery tickets tomorrow myself.

Dear septa sir / eaglye ,
Pls confirm the till time subscription of quess ipo. Should we apply upfront or wait till 1 st July.

no waiting apply

Hi please share thoughts for apply

Retail subscribed fully on day 1 itself.

Hello ,everybody....Any update on Quess Ipo. What could be the expected return on the listing day....

Peer Valuations
Company Sales FY16 (Rs cr) MCap (Rs cr) FY16 PE (x) FY16 ROE% EPS FY15 FY16
Quess Corp 3,435 3,992 45.1 29.6 6.5 7.0
TeamLease 2,505 1,580 59.2 8.0 21.0 15.6


Source: GBNPP Research, Bloomberg;

Note: Valuations of Quess Corp are based on upper end of the price band; FY16 Adjusted for IPO dilution

Price band around 320 n lot size 45 is not faverable us (rii) in recent past i.e CCD,QH

Quees Corp Ltd ipo me apply karna chahiye ya nahi please advise do muje

Yes, You have to apply. It will be gain of minimum 8000/-

http://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=1204

I am new to the IPO/Stock market.
when the ipo is over subscribed.
Can any one tell me that it is advisable to apply with less number of lots but multiple applications with different applicant or single application with full lots.
For. E.g -
I have 2 Lakh rupees to invest in Quest then -
1. Should i apply 1 lakh rupees on my name and my wife names
OR
2. Apply 2 lakh rupees on my name only.
In which case the chances of allotment are more.
Thanks in Advance.

In case of oversubscription apply in different names. You will get only 1 lot (in lottery basis). So multiple application (in different names) increases your chances.
The Retail category for Quess IPO is already 50% full, so it might be oversubscribed upto 5x.

Posting same query (word to word match) as 148. Piyush Singhania ?

What to do in quess ipo please apply or not. Is this open in premium? I m New in this field please advice

How to see IPO shares in Grey Market?
I am new to it.

I am new to the IPO/Stock market.
when the ipo is over subscribed.
Can any one tell me that it is advisable to apply with less number of lots but multiple applications with different applicant or single application with full lots.
For. E.g -
I have 2 Lakh rupees to invest in Quest then -
1. Should i apply 1 lakh rupees on my name and my wife names
OR
2. Apply 2 lakh rupees on my name only.
In which case the chances of allotment are more.
Thanks in Advance.

Dear Piyush,

If IPO is over subscribed, why do you want to block 1 lakh rupees, apply only for single lot from your account and your wife account which will increase to get allotment. So you need to apply differently from your PAN no and your wife''s PAN no.

Thank you Roy.

Some Facts about Quess Corp-

As on 31 March 2016, revenue breakup- domestic 85.71%, international 14.29%.

Our service and product offerings include four broad operational segments with revenue breakup-

Global Technology Solutions (“GTS”) 26.77%, People and Services (“P&S”) 56.64% , Integrated Facility Management (“IFM”) 10.82% and Industrial Asset Management (“IAM”) 5.61%.

Three companies and entities acquired by us were or continue to be loss making, have negative operating profits, or have a negative net worth, which matters may not be fully reflected in our Restated Consolidated Financial Statements. For instance, Brainhunter incurred losses of CAD 2.00 million (INR 99.92 million) in Fiscal 2016, experienced negative cash flows from operating activities, and had a shareholder’s deficiency as at March 31, 2015 and as at March 31, 2016. In the period between November 3, 2014 and March 31, 2015 and Fiscal 2016, MFX incurred losses after tax of US$ 4.00 million (INR 250.39 million) and US$ 2.00 million (INR 132.25 million), respectively, and as of March 31, 2016, MFX had negative net worth of US$ 8.69 million (INR 574.61 million).

Quess Corp IPO
GMP 190 - 193

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