S H Kelkar & Company Ltd IPO Message Board (Page 12)

34. pinkyjain Oct 28, 2015 2:00:07 AM IST Reply
Final Target for SHK
On listing day
SHK 209-213

After three months
245-253


Taget subscription

Qib 20x
Nii 30x
Retailers 3.2x

Predictions regarding subscription figures are outstanding. This is called market mood prediction. This type of knowledge will helpful in options trading. We can say pinky jain ko ''jai''

Premium crashed to Rs 6/-

Shut up u fake Pinky Jain. Do u know anything at all except to spread rumors. Do u think all here are fools. U will do any blah blah blah.... And people will listen to u? If that''s the case then I pity u and or small mind with its little aptitude.

my take is it is good company great management but very low CARG growth industry and asking very high valuation when market leader in fragrance and flavour Givaudan is only have PE of 20 and they r asking close 40 PE and it is not market leader blackstone cost per share is 35 approx with this OFS it remaining 23% share price of blackstone would be negative.... anyway good luck to them.

why pay such high premium will think of buying after listing

I think gut feeling concept will work here.keep cagr and pe aside.

me to think the same but will give it a miss and buy on listing

The acquisition cost comes out to be Rs. 35/share. I was thinking of applying 2 lots. But now I have decided not to apply. Please refer Money control for this.
Don''t invest your hard earned Rupees in the high premium I.P.O.
So avoid S.H.KELKAR IPO. They are fooling innocent investors by asking premiums.

how to did you get Rs 35/share my calculation is as follows full subscription the going kostak rate 2800 that is for 1040 share which works to 2.70 approx per share however grey market kostak for minimum application is hot at Rs600 bcoz market believes that it will be full subscribed in retail level her to cost per share is only Rs7.5....... anyway it will great to know how u got Rs 35 pls enlighten us thank u in advance

or u meaning blackstone aqustation cost is only Rs35 which is correct

Is it a Short Term Bet or a Long Term Bet.

What are the probabilities of listing @ Premium?

Are the Kostak rates available?

Guys this is not cheap at all.......only long term can consider....may be 10-15 rs listing gain that depends on the market moods.......revenues and pat grows at 14% and 16% respectively from 2012 when Blackstone invested and now they are commanding 55% CAGR..........I don''t understand how all this works......EV/ EBIDTA comes out to around 17-18 multiple for FY16......with topline less than 1000 cr......not at all cheap.................will not apply and look at the listing

Did some HNI withdrew application,yesterday it was 1.05 and now something else.........what is going on?

i had applied 4 lots , i want to know how many share i would be alloted .

please post latest subscription detail. I think SHK will give better return INDIGO...

Should subscribe or not? Genuine reply are welcome

PL SHK OVERSUBSCRAISE ACTUL FIGURS AND GMP

@Roadside Romeo - Waiting for your analysis and recommendation on both S.H. Kelkar and Indigo?

Good things about company:
- Almost 100 years old company.
- Good market share in India with good export.
- Wide range of clients in India and abroad. Some big names like walmart etc.
- Not dependent on any one client. Not a single client contribute more than 5%.
- First company in this segment going to be listed in India.
- Profit making company.

Concerns about this company IPO:
- Existing stake holder is selling their stake through OFS i.e blackstone.
- Asking price is very high. Almost thirty two times earning.
- Industry growth is slow.

I suggests investors to apply for minimum lot only. It may be possible listing gain is not good. Hold for 1 to 3 months for good return.

Septa, Pinkyjain, and atul all have agreed that it will gain on listing despite being overpriced.

Further, HNI explanation by pinky is encouraging

This is the point I needed. Thank you friends.

I am not that bullish on this IPO given it weak fundamental in low growth industry asking such high valuation it could list on gain but I am going to avoid for me this is another monta Carlo good demand from all side broker asking to apply but end of the price asking is to much So it is Avoid for me

What other IPOs are going to come Septa ? Is the IPO season over for 2015?

This probably is the first IPO to have HNI subscribed 1.05x

NHI have their hard money not others funds .

So Good to see HNI subscription.

Track HNI wisely

Hello PINKY jain,

You have written on Indigo IPO about bihar elections and revised listing prices.

1. Likewise, what will be the listing price for SHK (based on 1. BJP win and 2. BJP lose).

2. Diwali is coming na, so even if bihari elections are a news, generally, market will go up right? so ARE we on a win-win situation?

3. What about Shree pushkar chemicals? What is the target in 15-days to 1 month frame? I am holding 100 @82

I am keenly watching you, septa, nasirul jain, and dilip davda''''s opinions and making decisions to subscribe or not in an IPO. I only look for listing gains for now. Thanks in advance and for your pinpoint opinions.

Question is for pinky jain but I also want to answer
1-shk is similar story as of pusker specialty products so listings gains are sure though valuations r bit high irrespective of bihar election
2-when expections r more results r tepid.same thing will come in indigo
3-puskars are utilizing their ipo money .and expected afher 3rd quater they will show better result.after 3 month if good no reported by them definately more than 90 is expected.

Guys plz do ur research before applying,company is good but a little overpriced may be,I would suggest let it come in secondary it will trade at 170-180 then u can buy or may be below ,shree pushkar also opened at discount but gave good returns to those who held .........and one more thing HNI portion in that was also subscribed the very first day.......and in this also same thing happened......so may be some smart money who will not sell atleast till 15-20%. In short term ......so play like that

http://www.moneycontrol.com/news/ipo-swot/sh-kelkar-ipo-medium-term-looks-uncertain-fernando_3828241.html

Indigo

QIB .4160
HNI 1.0467
RII .1409
Total .4146