S Chand and Company Ltd IPO Message Board (Page 56)

SChand IPO
GMP 178 +/- 2

172 . Koshtak 500-525

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bas yehi sawal ka jawab idhar koi nai deta except contact ur broker,

200

HOW TO CALCULATE IT FINAL PRICE IF FACE VALUE IS 5.THEN WHAT IS FINAL PRICE AND IF FACE VALUE IS 2 OR TEN THEN WHAT?
S CHAND IS 660 AND FACE VALUE IS 5 WHAT IS ACTUAL PRICE?

670*2... so basically if adv enzyme fv becomes 5 then its current price of 2000 will become 1000.

InfoBeans Technologies Ltd SME IPO Ka GMP Kya he

We don''t know details,plz give last premium &kostak

@Nidhike

Below are some of excerpts:

"FY16 PAT 46cr + 30cr Chhaya =76cr
FY17 PAT ????
FY18 PAT + interest saving
I think it will be more than 120cr which translate into Rs 35 Eps so PE anywhere b/w 25 to 30 given its pedigree."

"Profit will be 100% consolidated and 55 crore will be shown in liability side for payment as per RHP so no question of 22.5 cr ....deal is certainty of 100% for 220 cr "

"Taken loan of 150 cr to fund 76%
Raising 325 cr so actually leveraging going down considerably after IPO"


Yes, profit from Chhaya will be 100% consolidated but from 1 Apr 2017 as per new accounting standards IND AS. Thus Chhaya''s FY16 PAT amounting to 30cr will be accounted in proportion to the stake currently owned by S Chand (74%) with subject to acquisition related adjustments. The same has been reflected in Proforma Statements given in RHP. So, It is 56.7 cr.

You spoke about interest savings and principal payment of loan taken for Chhaya acquisition through net proceeds of 325cr. For your information S Chand has made numerous acquisitions in the past and continues to do so in future to gain access to regional markets. If this is their strategy to grow then I beg to differ that leveraging won''t go down considerably in near future. Thus interest expense is going to more or less same.

"Sales CAGR of 36% n EBiDTA CAGR of 47% innlast 5 years is less than moderate?????"

This is probably because of the series of acquisitions it made in those 5 years. Where as the organic growth rate reported by S Chand for K-12 segment is 20.46% from fiscal 2012 to fiscal 2016. Although 20% plus organic growth is too good for any business but Sales CAGR of 36% is bit misleading. It is better to be conservative/reasonable in our approach while projecting estimates.

"MKT loves growth"

Market loves rumors than anything else.

In my opinion S Chand stands out for below reasons:
1) It is a well know brand with high consumer recall.
2) Growing at good rate due to its strategic acquisition & related investment and will continue to do so in future.
3) With focus on increasing its presence on state board markets - by acquiring regional content houses in attractive market.
4) Focus on transitions to digital in the knowledge industry
5) CBSE advisory circulars can be a major roadblock to their growth story but they have identified it and must be working to counter this threat.

Great 👍. Clearly S Chand have priced the issue at upper limit given market condition. All upside is already in this priced in

Yes all upside is priced in....But don''t know why this stock will surprise...

If it was Hudco, i would have avoided if priced so high as it lacks that behaviour of a volatile stock which a trader can see.......

But this stock has certain charm which cannot be ignored.....

A traders delight...Something like bedmutha on the upsude/ tajaria on the downside listings 5-7 years ago.....Let''s see...

I hope IM KP can help on this....He looks pretty good trader to me...

Company Promoters:

The promoters of the company are:

1. Mr. Dinesh Kumar Jhunjhnuwala
2. Ms. Neerja Jhunjhnuwala
3. Mr. Himanshu Gupta

1st 2 promotors are relative of Rakesh Jhunjhunwala ??????????????????

No...They are different....

But Rakesh Jhunjhunwala has stakes in Navneet publication since long time....

IPO KA GRAY MARKET MAY KYA PRISE HAI

Apke niche ke message me jawab hai...Bhai log scroll Karo please...

NOT CLEAR CUT IDEA ABOUT CO WHY SELLING OF SCHAND GO DOWN AND DOWN ? THEN ITS AVOID LOSS MAKING CO

Gray Market Premium for s chand IPO ?

Sir,
where it is ?
i didnt find

179.1. Eagleye Apr 20, 2017 11:33:57 AM IST I Like It. 1 | Report Abuse
IPO Guru IPO Guru (4100+ Posts, 8300+ Likes)
157


Ye raha Bhai....Scroll karne se sab Milta hai...All the best

any view on NALCO OFS...what is the indicative price for retail?

Ramayan khatam....Pooch rahe hai Ram kahan hai....

what is consolidate net profit frm 1 april 2016 to 31 march 2017 after including 75 % of chhaya prakashan ?

APPLY APPLY NICE INFO GIVEN BY NIDHIKE IF CONSOLIDATE PROFIT ABOVE 30 CR FOR YEAR UPTO 31 MARCH 2017

One more interesting thing is that co raising funds to repay loans
Interest expenses was 9 Cr for 9 months and company earned 5.6cr interest
co declared interim dividend of Rd.25/share for fy17 who will be beneficial its not known
My question is that why co need public funds when they have their own source

we have to consolidate data and then compare every company owner do something for own purpose

FINAL

S Chand & Company IPO – Schedule (Page #502 of RHP)

25th April – Anchor Investors
26th April – Offer Opens
28th April – Offer Closes
01st May – Market Holiday for Maharashtra Day
04th May – Finalisation of Basis of Allotment
05th May – Unblocking of ASBA
08th May – Credit to Demat Accounts
09th May – Listing on NSE & BSE


Issue Information:

Issue Opens on: 26 April 2017
Issue Closes on: 28 April 2017
Issue Type: Book Built Issue IPO
Issue Size: 1,08,73,982 Equity Shares
Face Value: Rs 5 per Equity Share
Issue Price: Rs.660 – Rs.670 per Equity Share
Market Lot: 22 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,98,44,496 Equity Shares
Fresh Issue of 48,50,746 Equity Shares @670/- aggregating up to Rs.3,250 million
Offer for Sale of 60,23,236 Equity Shares @670/- aggregating up to Rs. 4,036 million
Total Issue of 1,08,73,982 Equity Shares @670/- aggregating up to Rs.7,286 million
Equity Shares outstanding after the Issue = 3,46,95,242 Equity Shares

Category-wise Break up:
Anchor – 32,62,195 Shares = 218.57Crs.
Net QIB – 21,74,796 Shares = 145.71Crs
NII – 16,31,097 Shares = 109.28Crs
RII – 38,05,894 Shares = 254.99Crs. (Lot size: 22 = 172,995 Forms)

Total Issue – 1,08,73,982 Equity Shares = 728.56Crs.

Subscription required for 1X
RII = 172,995 Forms
NII = 109.28 Crs

Interest cost @7%p.a. for 7days = 89.945paise for 1X


S Chand & Company IPO:

Financial Information (Basis of Valuation): (Page #114 – 116 of RHP)

EPS for FY13-14 >>> Rs.16.60 (Page #114 of RHP)
EPS for FY14-15 >>> Rs.10.52 (Page #114 of RHP)
EPS for FY15-16 >>> Rs.17.09 (Page #114 of RHP)
EPS for 9M16-17 >>> Rs.(30.06) (not annualised – upto December 31, 2016)

RoNW for FY13-14 >>> 11.86% (Page #115 of RHP)
RoNW for FY14-15 >>> 7.00% (Page #115 of RHP)
RoNW for FY15-16 >>> 7.82% (Page #115 of RHP)
RoNW for 9M16-17 >>> (17.72)% (not annualised – upto December 31, 2016)

NAV as on December 31, 2016 was Rs.169.70 (Page #116 of RHP)

Listed Industry Peer >>> Navneet Education Limited (Page #116 of RHP)

Nidhike I like your enthusiasm on this 😂 U remind me of roadside Romeo from COFFEE DAY IPO

Interest cost @7%p.a. for 7days = 8.995paise for 1X
don''t under stand
please clarify

@ 179. Roz Mary Marlo
No question the valuation is too high in this IPO, but also look at intangible assets of this company which cannot be measured.

^^ Excuse me? Company with intangible assets? Sounds same wacky as Santa Claus without a scraggly long beard ..Intangible I mean ..:))...Or ..Oh! Yes ...Or Rapunzel without insanely long, sleek hair.... This is the year 2017 at my end at least and people are just too pragmatic to believe nothing short of anything that makes sense.

Disappointed? Not at all ...Not everything about you can be disappointing ..take my word for it ...Talking about uncanny, upon reading what you just wrote, I have already started to see a ray of light at the end of this dark, never ending IPO tunnel...I''m going to chase it ..Even if that means I have to keep chasing forever.

So ..Peace!! <--- That''s the word for now (And that''s regardless of the genders)

No peace with u bro...I like making enemies...But debate should be productive....

Do not malign anyone....God bless you....But possibly stay away from me....I hate people like you...

Just ignore my messages if you come across or best I stop writing my views...

YE IPO KESA HE PLEASE GUIDE ME......

Septa sir,
I have poly medi and ngl fine ..suggest to.hold or sale pl?

Eagleye mam s Chand ipo apply or avoid

Septa sir.. What about national aluminium Co offer... shall we buy this..

I strongly believe that Nalco will be available at cheaper price than OFS....

Lot of churning will happen after OFS and when Institution like LIC start off - loading....

182.2. Roz Mary Marlo
Lot of churning will happen after OFS and when Institution like LIC start off - loading....

^^^ ..Yes so there lies the sly hint that LIC has dropped....LIC invests in the likes of NALCO to pay their investors posthumously, you see...
Now with that kind of explanation the question "To invest or not to invest" mustn''t sound as abstruse as the famous "To be or not to be ,that is the question" ...
To sum everything up, first decide on your investment horizon ..When would you need the money from the NALCO investment? While you are breathing or posthumously?