HARDLY RECOMMANDED APPLY IPO. BHARAT ME IS SAL. BARISH KAM HONE KE KARAN PANI KI SHORTAGE HONE SE BAHOT LOG SNAN(BATH) NAHI KAR SHAKENGE. AISE LOG OFFICE/SHOP PE JANE SE PAHELE PERFUM/SPRAY KA KARNE LAGENGE. IS TARAH ANEWALE DINO ME PERFUME KI DEMAND BAHOT HI BADH JAYEGI, IS TARAH HOLKER CO. KA PROFIT HIGHEST HOGA. LISTING KE 1 SAL BAD SHARE PRICE 500-550 TAK JA SHAKTA HEY.
looking at numbers valuation is very high for a company. the industry has a very low CAGR and this going to continue from the available data The global market size in 2014 was estimated $8.43 billion dollar in 2014 and is estimated to increase at a compound annual growth rate (CAGR) of 3.5% and reach nearly $10 billion by 2020. India market is estimated to grow at a CAGR of 2% for the period 2015-2020.
So this a very very slow growth industry with cost of raw materials is also very high plus world largest company in flavour & fragrance Givaudan has a PE of only 25 this company have a market share of 20% that is one fifth of the total market size has mC of approx 17 billion S H kelkar has market share of less then 0.1% of world market so MC SH kelkar should be 700 crs
Ccd discount 50 Indigo discount 150 Sh kelkar discount 50
Apply those who missed Mc Ufo power
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October 20, 2015 7:38:09 PM
IPO Guru (2600+ Posts, 2700+ Likes)
STILL YOU CAN WITHDRAW APPLICATION OF CCD BY SENDING EMAIL OF SCAN COPY OF WITHDRAWAL LETTER TO REGISTER OF IPO NAME PAN NUMBER AND DEMAT NUMBER EMAIL AND THEN LETTR BY POST AS THEY DEMANT
TO Link Intime India Private Ltd Link Intime India Private Ltd, C-13 Pannalal Silk Mills Compound, LBS Marg, Bhandup West, Mumbai 400078
dosto, aise HIGH PRICED IPO SUBSCRIBE KAR KE APNI RAATO KI NIND HARAM NA KARO. L&T GROUP KI L&T INFOTECH KE IPO DECE-2015 ME ANEWALA HEY. JAISE HI L&T INFO. KE IPO KO. SEBI KI PERMISSION MILEGI, TURANT HI 100/- CROSS KAR JAYEGA. AISA RETURN COFFE,INDEGO, YA HOLKER ME MILNE KA KHWAB BHI NAHI DEKHNA CHAHIYE.
firstly let me clearly i am not recommending this issue i said if the righty priced it with another pushkar VRL syngene... sorry if i confused you and others in the forum...
Now we know the price band 170- 180 it clearly sleepy price AT THIS PRICE MC would close to 2700 crs approx so just based on this PE is 40 i am be wrong but from the info available it is AVOID for me
interesting first company backed by blackstone going public in India will not be last Neviseed is also in IPO pipeline..... looking at its number they has history profit and good product so all good NP was around 75 approx Blackstone paid 243 cr for 32% stake three years back so valuation then was around 750 Cr.... so let see what price band they decide fair price IMO around 1000 cr valuation for the whole but i will not be surprised if the put valuation at 1500 to 2000 crs
lets wait at see if this priced right this could be another pushkar IMO a must apply IPO
Yes Septa, blackstone paid 243 crore for 33% stake in 2010, now asking 290 crore by selling 10% stake, means company is valued at around 2900 crore. looks very highly priced.....
@aris i thinking 290 crs for 10% stake blackstone and ??? % stake from promoters my guess is 290 cr is 15% to 25% stake from OFS and 210 from new issue... the company is good let see what price if the rightly priced like VRL Syngene it will be a good IPO
@Septa Blackstone bought it in 2015 for 243 cr valuing the company around 750 cr at that time as u said and they are selling 10% for 290 means their investment is now 4 times.....rest we have to see the financials....yes their debt will 70 cr from 200 cr.....