S Chand and Company Ltd IPO Message Board (Page 63)

S Chand

Tentative date: 24th Apr- 26th Apr

GMP: 110-112
KOSTAK: 600

Does anyone know when Aster DM IPO coming. I am desperately waiting for it.

JUST SOME INFO FROM NAVNEET ANNUAL REPORT BEST QUARTER IS NOT LAST QUARTER SECOND QUARTER ACCORDING ANNUAL REPORT THE BEST QUARTER IS FIRST QUARTER

S Chand reported a very bad first quarter which for this industry it is best quarter so many question if they do not come with 2nd and third quarterly it make this IPO more risky

BTW i have download Naveent Education Annual report if you remove stationary business it get an enterprise value of 1750 Crs since the balance sheet does have break up profit just the topline and also does not have the margins on each business i am giving 60% of profit for publication business which approx 72 Crs from education and publication business meaning i am getting a PE of 24

So if S Chand comes to market it should offer it share at discount to Naveent EV of Rs 1750 so the IPO should come with MC of 1500 so per share price should be Rs 430 then we investor could get good return at RS580 it is overpriced by at least 100 rupees.

IMO fair vaule all thing equal if you compare Naveent education is Rs430

YOU WILL SEE THAT I HAVE GIVEN MORE WEIGHTAGE TO PUBLICATION BUSINESS IN BOTTOM LINE FOR NAVEENT EDUCATION IF I KEEP THEM EQUAL THEN EV WILL BE WORSE OF

IT IS AVOID FOR ME JUST BASED ON PEER COMPARISON

AVOID BETTER OPTION IS AVAILABLE IN THE MARKET SO WHY APPLY FOR HIGH PRICED IPO

All wrong keep guessing first clue i gave it name of the company first name is 6 letter word

my next clue it is south indian based promoter

Pushkar ?

Is it wonder la sir? just guessing?

I am really NOT surprised.

Two Directors Dinesh Kr Jhunjhunwala & Gaurav Kumar Jhunjhunwala (most likely father and son).........have just BASIC Education. The education level is so low that their own website says its a basic education.............that means not even a graduation.

Gaurav is only 29, that means the company only sells books but never reads them !!

And if one goes to the website and looks at the directors, the photograph of the Chairman Mr Desh Raj Dogra seems to have been taken an a police lockup !

Sad to point all this out, but of one wants Rs 600 crores and fleece the investors be prepared for a thorough public scrutiny.

If this is logic to judge Promoter, then what about Reliance Industries'' Mr Dhirubhai Ambani

The business/IPO is not judged by Promoter''s qualification.

Yes , the pricing are difficult to justify here, else its well known company in its area of business

Mr Anank, Septa, RMM and BullOverBear,

I think I wasnt very clear in my earlier post regarding the qualifications of the promoters. I am aware of Ambani and Gates.

My point is that this sector is education. And I tried to single out the 29 year old Jhunjhunwala as the illiterate trying to run the education company. I have no issues with the first genration promoters being not qualified but rich and powerfulo having unqualified kids and giving them a board seat in an educational company is blasphemous. I still stand by what I have said.

Now I also see the GMP of over Rs 100. Best of luck guys. If you want to lose money why should I come in between ?

Happy Investing.

Hi,
Why are people misguiding investors here?.
1. The numbers for 2013, 14, 15, 16 are available. And they are very BAD. Sales dropping, Profits margins 5.8% ! ( 2016).
2. The Rs 650 crore being raised would repay the loans. At 10% interest rates the company will make 65 crores from 2018.
If you are an existing shareholder thats great, because some fool is buying your stocks at Rs 580.

Guys this is worse than CL Educate. Dont go by the brand name.

अग्रवाल जी कोई किसी को भ्रमित नही करता सभी अपने
विचार रखते है । जैसा जिसको अच्छा लगता है करता है।
शेयर बाजार मे एक बेचता है , दूसरा खरीदता है
फिर भी लाभ एक को ही होता है

s chand and company ltd ipo will give profit any one suggest

Is there any gray market premium quotes for s Chand

GNA AXLES ALSO GOOD BUY FOR SIX MONTH

Yes GNA AXLE is good stock

Buy
Rbl bank
Radio city
Tvs Motors

India''''s biggest & profitable PSU dockyard company Cochin Shipyard files DRHP with market regulator SEBI.o

Issue Size : 1500 cr. / 34000000 shares
Fresh Issue : 22700000 shares
OFS : 11300000 shares


Discount : 5 % to retailors and employees

BRLMs : --

SBI
JM Finance
Edelweiss

Registrar to the issue : - Link - in - Time

IPO Tentative date : Soon Once market watchdog SEBI satisfy with all the declaration made in prospectus otherwise expect delay like HUDCO , NSE & CDSL

BL Theraja and RS Khurmi are my favorite Gurus in S. Chand publishing company.

That is a different matter, but when it comes to IPO, the Gurus are Septa/Eagle Eye/Gamble and others.

Most probably, 90%, I am not applying acc to Septa Sir''s views.

Can anybody suggest good stocks i am investing 20000 lacs in equity shares

fmcg marico, it mastek very attrective stock @ long term

सुहास जी पहले जीरो गिनो यदि ठीक है तो कुछ
खरीदने की जरुरत नही ।कम्पनी बनाओ IPO लाओ
फिर दे दना दन रुपयों की बरसात

REPLY TO YOUR EARLIER POST
AnandK i am very clear with this IPO it is high priced loss making company in sector which has not given any returns and i am very sure all in this forum understand. Only person who is positive on this loss making company is U not clear why u r so optimistic on this IPO

We all in this forum want to know why u r so positive on this loss making company do you have some special INSIDE INFO WHICH WE R NOT PREVIE TOO

IF IT LIST AT 65 THAT 30% POP MATE THEN WHY WOULD YOU AVOID

@Septa
It a humble request to read all my previous comments once again.

The average eps for this company from last 3 years i.e 2013 to 2016 is 14.73....So at Rs.580 it is asking for a multiple of 40x....

It closest peer Navneet is trading at 25x....This high price cannot be justified....

Anybody sharing details about it''s 2016-17 performance will be appreciated.....

Naveent gets a higher PE multiply bcoz of its stationary business which account for major part of its bottom. In layman tern Naveent is a stationery company with interest in publication and education sector all the biz in navneet is due to demerger news which will unlock value also some good broker coverage on the stock

In regards to S Chand DRHP 1st quarterly 2016 result miserable the company reported a -9.52 negative EPS for 3 months BTW the business is very seasonal the best quarter is is last quarter and sfirst quarter however this seasonal effect is change with many boards both state and central educational board and universities now have tri-semester syllabus pattern so books get changed in each semesters

Company have not provided 2nd and 3 rd quarter result in DRHP may be once RHP is out we will know the real picture. If the company does not provided 2nd and 3rd quarterly then it will be BIG QUESTION MARK AS HOW GOOD THE COMPANY PREFORMED IN THIS LAST FEW QUARTERS TO JUSTIFY IPO PRICE OF Rs580

At asking price of 580, p/e multiple comes out at 27.6 (I relied on proforma no PAT 650mn)

Investors.........""PLS Stay away"" , if you want to see your money.

The money being raised to repay debt.

Rs 650 cr being raised, and the company in FY Mar 16 made only a profit of 16 cr.

Somehow the sales and profits vanished in three months as for Qtr ending June 16, it had made a loss of Rs 10 cr.

Pls stay away.....its actually a sophisticated version of CL educate.

Do you have the details for financial year 2016 -17.....i.e last 2 quarters.....???

Lakhmir singh and Manjit kaur. Kudos to both .My first book from S chand in class 9. Made the subject easier.

Making subject easier is different from making profits from that business

S CHAND का पूरा मतलब मैं आपको समझाता हूँ,
s का मतलब सिर चाँद का मतलब गंजा,
इसका पूरा अर्थ हुआ कि जो निवेशक इस कंपनी में निवेश करेगा वोह टकला ( यानी कि पूरा गंजा ) होने की पूरी संभावना है, इसलिए दोस्तों आँखे खोलकर, दिमाग लगाकर निवेश करें, किसी की भेड़ चाल में ना जाए, SEBI भी अविश्वनीय होती जा रही है,
इंग्लिश में भी एक कहावत है : DONT BURNT YOUR FINGER IN INVESTMENT

I understand people are refraining from investment in education sector and related sectors. This may be because of their past experience in these companies or they may have lost good amount of their investments or whatever.

I think it is slightly over-valued (in fact fairly valued looking at the current scenario) and it may not give one good listing gains as one expect but it wont'' list at discount for sure.

.
🙃😔😕😞😟😝😯 Chand ka Sultan 😦😡😠😰
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Dear Roz,
sometimes I don''t like your style to comment as you love pinching others [ including me once :) ] and also you don''t care what I like ;)
But bro, I appreciate your view on S Chand as you don''t think parallel for all company.
you are one of few writer here whom I read.
let price be finalized.
Don''t know much about this co. but surely It should not be considered another CL.
and yes keep posting here. we can enhance our research by various posts.
as I have said so many days earlier that I don''t like genius ques. like date/allotment/gmp/unblock etc..