Sarveshwar Foods Ltd IPO Message Board (Page 23)

Umang , shd we put application or not .. no clear picture .. subscription is not good yet

I put it today. 7 application.

Read arihant capital report on sarveshvar food

http://www.investmentguruindia.com/IPOReports/IPO-Note-Sarveshwar-Foods-Ltd---Arihant-Capital

(1) Uniinfo (Issue Size - Rs 20.01 Cr)
Retail 0.90X
Overall 0.59X

(2) Sarveshwar (Issue Size - Rs 54.97 Cr)
Retail 0.56X
Overall 0.47X

(3) East India (Issue Size - Rs 92.74 Cr)
Retail 0.03X
Overall 1.31X

(1) Uniinfo
Retail 0.65X
Overall 0.43X

(2) Sarveshwar
Retail 0.33X
Overall 0.24X

(3) East India
Retail 0.02X
Overall 0.71X

Hey guys, please tell me sarveshwar foods Ltd is good ipo? Can be apply?

Overall 0.14X

Between sarveswar & uniinfo which looks best

Sarveshwar

UMANG
CAN WE EXPECT 15% UPSIDE ON LISTING

Despite of comparing it with LT FOODS, CHAMAN SETIA, KRBL...... Compare with GRM OVERSEAS.

GRM is similar size of sarveshvar. Rice companies are doing well this year. Although it is a cylical play. Rice prices are very high this year, & rice companies are posting good results. Check below link::

https://in.reuters.com/article/asia-rice/rice-prices-soar-in-top-exporters-as-indonesia-shops-fresh-deals-beckon-idINKBN1FE1SP

Hi Umang went through prospectus there is a criminal case file against promoter and director. The matter is still due. Should we still apply.?

Forget it coolaks, it is very small case about trespassing road blocking. It won''t effect this sme whatsoever.

issue subcribe kare kya?

This IPO is good apply with full force.

First day subscription fig pl

@Umang,
Sarveshwar Foods & Uniinfo telecom out of these 2 any one is best to apply?

Yes u r right DownriteVJ.

@downritevj
Your opinion also matters.

On performance front, Sarveshwar Foods Ltd has (on a consolidated basis) posted turnover/ net profits of Rs. 241.37 cr. / Rs. 7.40 cr. (FY14), Rs. 262.50 cr. / Rs. 7.97 cr. (FY15), Rs. 355.19 cr. / Rs. 5.43 cr. (FY16) and Rs. 419.89 cr. / Rs. 12.81 cr. (FY17). For first half of current fiscal ended on 30.09.17 it has reported net profit of Rs. 7.93 cr. on a turnover of Rs. 259.39 cr. For last three fiscals, SFL has posted an average EPS of Rs. 7.09 and an average RoNW of 18.94%. Based on last three years'' average
EPS asking price is at a P/E of around 12. Issue is priced at a P/BV of 1.98 on the basis of its NAV of Rs. 43.03 as on 30.09.17. If we annualize latest earnings and attribute it on fully diluted post issue equity then asking price is at a P/E of around 13 against its peers trading at 60 (LT Foods), 27 (KRBL) and 19 (Chamanlal Setia) as on 28.02.2018. Thus issue is reasonably priced.
one can apply

Darr ke aage jeeet hai.... chaploooo PNB@102/103

@Umang
Whats your recommendation to this....Buy or Avoid Sarveshwar food

This one is subscribe. Rice stocks doing very well this year , because of higher realization.

One more thing, issue size is somewhat bigger( 55 cr.) , means allotment chances are higher.

Moderately priced ipo, it would have been better if it came at 70/75 range.

For the first time four L. M will take care of this ipo. Asit C. Mehta involvement as L. M gives some comfort.

Organic theme is going to play very big in future.

Forum friends are requested for feedback, if they find any pros/cons of the company

The latest up cycle in rice prices has started during March 17 after 2 years of lull n hence expected to continue for some more time .Basmati rice is 2-3 year cycle of demand supply mismatch. So, m sure will continue in near future.

Basmati price has increased in international markets by 10%-15% in last one month after Iran has floated tender for importing 30000 tonnes of basmati rice from India

Who IPO Best Hindcon or Sarveshwar Plz update

yes u r right bigshare no chance of allotment big fraud

@ Johny & KKP
Please don''t blame to Bigshare.
I got my first lonely and only two allotments (1+1) in FOCUS & TASTY from Bigshare

Min. Order qty is 1600 shares means if i want to apply for 1 lot in retail then how much shares will be allotted???

So i hv to invest 1600x85=1,36,000 for getting one lot???
if yes then y companies keep so big market lot so retail investor can not apply?

Exactly. SMEs are highly risky and the idea is to try and keep the retailers out by keeping large lot size. As if it would work :)

Whats is GMP This IPO

Surprising to note that DILIP DAVDA ji''s recommendations is still not given for this big issue. Any missing link ????