S Chand and Company Ltd IPO Message Board (Page 54)

Application sale price 500 to 550 in ahmedabad

Who is giving 500 rs premium for this ipo?

which brokerage house offering? please tell me i am from ahmedabad

pl teel me where ???? contact

Decent listing gains are expected due to strong brand image than financials/performance as in the case of Sheela Foam. One can apply.

Premium 160 to 175 in ahmedabad

current gmp sir ji

I can sell 20 applications of my friends and family in Hyderabad. Let me know if anyone interested.

First of all keep a note that difference of trade in grey always being settled in cash only and these transactions more depends on faith between buyer and seller.
Now tell how can you sell application to a person you don''t know

Thanks AKH. Im not aware of how this GMP or kostak happens...and just want to try that for this IPO. Anyways, thanks.

SEPTA SIR NOT APPLYING SO S CHAND IPO MAY BE BUMPER HIT I WILL APPLY WITH FULL FORCE

Yes you was true its bummer hit

Possible 4 digit year end..

Dear BMD,

Nobody can convince you to buy S Chand, if you are looking for 9 months earning of Dec 13, 14 15...

Remember be a friend of a lone full time trader, then you will be able to understand the market dynamics better...

I M KP on secondary forum is far more talented than highly qualified and certified analyst like Sudarshan Sukhani or SP Tulsian....

Experts get monthly salary but lone trader survives on his own judgement...If you are a 9 to 5 jobber, you won''t understand this......

But in Mumbai there are many street smart traders to whom these experts are nothing but entertainment....

Listing gains is altogether different thing. I know a stock which listed at 99 in the morning and was trading at 204 in the afternoon...Where is earnings, fundamentals gone.....???

Hudco IPO is avoid to me because it belongs to category of NTPC, SJVN or NHPC.....A dead stock category...

But S Chand will be volatile and possibly give listing gains....I said so when there was no GMP and people abused me in this forum and I still think so.....

Please don''t buy this IPO if you are looking at earnings and fundamentals...

Every day teri maarlo ,you too intresting street experts seems ,hudco has 50% premium and you advising avoid.people may seen rushing to maarlo you soon otherwise change your opinion

I will apply for s Chand but will sell those in grey market nothing I will keep as portfolio

Navneet Edu made a buy back of shares in Jan 2017. Thus its ratios are further improved to that extent vis a vis S Chand and Company. Peer analysis of S Chand and Company IPO with Navneet . Hence Septa''s argument is not wrong.

Good to see people comparing S Chand to Navneet Education and not CL Edu.....It took a long time and lots of abuses to change the mindset but finally hardwork paid off......Now hope GMP above 200 soon.....

Nitpickers, who have been criticizing S Chand for "Low Margins", must first do some ground(breaking) research.
I mean, have you folks had a look at the QUALITY of S Chand books? ..Ask the children who took (tore) a leaf each out of both S Chand and Navneet''s books, made paper boats out of them and set sail in a bath tub.
It wasn''t a pretty sight to watch the Navneet boat sink in no time, but those who bet on S Chand Quality were the rejoicing lot as they watched their "Noah''s Ark" sail through the tide....
So low margins is not a matter of concern ..but ''The Pride'' ..:D

Books are printed and published not to use as paper boats. Good Humour, dear.👌👏👏
I like the paper quality of note books of Navneet very high standard.

@Maniac
Excellent piece of writing.

@NPT
I think by "Quality" he (maniac) meant contents of the book that they publish for K-12 segments not the paper quality and "Pride" is used in the context of strong brand equity they enjoy.

@Septa
In my opinion majority of the business are operating with less than 10% net profit margins. I don''t think it is a valid point to negate S Chand on the basis of PAT margins. Infact it has achieved a margin above 8% on an average if we consider last three fiscals which is not bad at all.

Lots of if and but in the company''s ipo analysis like add chhays profit, real value of subsidery companies etc. I am avoiding this ipo. Past track result of educational segment is not good. I got Navneet in 90s in ipo but it was in steady range for 15-20 years. Since last 2-3 months I see some breakout.

This week I choose some PSU companies like NBCC, BEL. Order book is very good for both companies. NBCC is expanding it''s span outside India. BEL is getting big order of 6000 crore from Election Commission for new EVM with print facility. As long as crude oil is within the range of $45 to 55, I like IOC akso.

What about engineers india

Engineers India is good for long term. Buy below 160.

Monday increase in gmp s chand 200 above.

Chhaya was bought @ 220 Cr Enterprise Value, so combined enterprise value of SChand @ 7.58 multiple is around 600 Cr, issued Share of SChand 3 Cr, value per share around 200, what is premium of 460 about?            

What''s your view on IRB invit fund

S chand premium is 183 because there is no selling from HNI funding not confirm and retail guys not selling because of application of 22 share they think they got allotment 10:1 so no selling because of this price is 183. I think So.

Septa is right fundamentally....The price is very high. My fair value is 460 -485...

But when it comes to trading I am like chamellion....I change my colours....I will wait till last day of this issue and then decide....Listing gains possible in this IPO.....Hudco is strict avoid for me...

I do agree with him that there are enough fundamentally strong companies like Lupin, aurobindo, tech mahindra and PNB housing to be look at for long term rather than this stock...

Great job done by creating a sub thread...Really appreciate your quick response...

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I am not applying this IPO to many ifs and but when peer is available at better Valuation
What are the camouflaged factors in balance sheet
1. All increase in revenue CARG 33% company claims is clearly from inorganic growth with debt and increase in equity.
2. All growth in revenue however unconsolidated financials indicate that it is generating low margins of 3.3% to 5.8% in last 5 years. It incurred loss for 9 months ended Dec-2016. with peers at least quarter to quarter are in black
3. Since major revenue comes from K-12 base and CBSE board now direct school that CBSE has issued an advisory circular advising CBSE schools to use only NCERT print content for all classes this will adverse effect the revenue in future
4. Also a new circular by CBSE advisor board that student cannot be forced to by books from school only will effect future ties up with school and publishers
5 highly-competitive and fragmented industry
6. Big push of digital learning tools and application will also effect
7.Chhaya takeover not sure how good this will be to bottom line on surface it looks they have paid more
8. P/E ratio works out to 39x. listed peer Navneet Education which is trading at P/E ratio of 24x. Hence, the issue price is over priced big time.
9. It is low margin business looking at topline and percentage of NP so it cannot ask 40 PE.

WHEN BLUECHIP HIGH MARGIN AND HIGH GROWTH PHARMA AND IT COMPANY IS AVAILABLE AT BETTER PE MULTIPLY. THIS IS AN AVOID ISSUE AT SUCH HIGH VALUATION .

I AM NOT APPLYING AVOID

In recent past, CBSE issued two circulars advising CBSE schools to use only NCERT printed content for all classes. Such circulars may reduce demand for the company’s educational content among CBSE-affiliated schools, as they also recommended that such schools should avoid insisting that students purchase additional print content from private content providers.

Also, out of the 88 premises used by the company, 85 are leased from group companies and third parties with whom the company ..

https://myinvestmentideas.com/2017/04/s-chand-and-company-ipo-what-are-the-hidden-factors/

My message got edited...I said focus on IPO and not my name...You change your name to Market Khabri...That suits you...

Dear Forum Moderator...

Because of your thread innovation which should be for betterment, poor @gupa recent message has gone so down that no one can see....

I really don''t understand this innovation in which week old thread will hide all the recent messages...

Now anybody can put their message on top by just adding to a thread...

Do something about this...

I nowhere u look market pundit....

@Nirmal Shah/ forum moderator...

You could have posted new message thanking to the contributors...Why bring entire thread up...

Now what about the recent messages.. who will read them???

What''s ur contribution to this...Thanking a punchline of ur friend....Could have done in a new post....