Sub: Listing of Equity Shares of Servalakshmi Paper Limited (IPO)
In pursuance of Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the list of securities further admitted to dealings on the National Stock Exchange (Capital Market segment) with effect from May 12, 2011 and the designated security codes thereof shall be as specified in Annexure.
In pursuance of Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the respective lot sizes in respect of securities above shall be as specified in Annexure.
For the purpose of trading on the system, the security shall be identified only by its designated codes and trading in such securities shall be in such lot sizes as specified in Annexure.
This circular shall be effective from May 12, 2011.
GMP is 1-1.50 only for servalakshmi whereas for innoventive it is 8-9 Rs, so everyone busy in innoventive messageboard, hardly any activity in this board.
i have applied for about 5 application of 2 lac in this ipo...and am expecting allotments of 20000-30000 shares depending upon the spill over of unsubscribed portion of qib.
i am confident about this ipo as risk reward favours reward...u may see my reasons in my earlier posts.
its just a guess game for listing gains in all ipos...so no one is perfect...perfection comes when after a week of listing one is confident to give a buy call...
for ipo stocks i have just one concept....if i see the stock falling i go short...if i see it rising i go on adding....stock rates make me enter/exit the share and not the fundamentals....went on to short huge on shilpi omkar,and added sudar prakash steelage etc....its my strategy ....
so looking at muthoot falling from 190 to 180 to 177....trend was clear....short...follow the trend to make money....i dont go after fundamentals.
i go to look for fundamentals after about a weeks listing ...but would hardly care for stocks of b,c grades.....
Dear Moderator sir,I want to take your precious time There is lot of discussion going on the issue of IPO Message Board Star Contributors for some time. I gone through the valuable messages given by them in the intrest of retailers some of their suggestions are respectable. I prefer to study their views according to standard of messages. 1).Mr sreedhar - Out standing (No need to compare with any body). 2).Vas nat & Chum cho- Excellent (very valuable information) 3). IPO finder - Very good (His warning message at8:22pm on 5th. 4).Saharnapuri - good (Very rarely speaks it also good). 5).Ravi Bagalore - Not bad(On 19th Apr & 5th May figure based predictions like Rs 225,250 and so on for muthoot). So investors study carefully what they told and try to make decisions for making good profits or atleast I believe no losses.
I request administration to provide one more link to access only this 'IPO Message Board Star Contributors' to make filter if one wants pure honey.
this ipo was worth taking a very small risk in relation to to potential profits from the stock.reasons.....
1.the company networth befor ipo is 60 cr.book value 26-27 post ipo.net worth after ipo will be 120 cr.hence at 29 rupee with eq capital of 43 cr u buy it at 125 cr....the company has 120 cr...so risk is minumum.the company has no execution risk as commercial production has started.plant cost is 350 cr...
i have hardly seen a very small cam company for the likes of vishal info aster sea tv bedmutha fileotex sudar..whatever which have given 50-300% returns issued at around book value..they were priced at 2-5 times book value with promoter cost of shares at below 5 -10 rupee. servalakshmi promoter cost is 24-25 rupee.
2...this is a paper plant with 90000 ton capacity...not a virtual company like sea tv aster sudar etc where its hard to calculate capital cost/capacity of plant.... emami paper at 145000 ton capacity is at 300 cr market cap.also has 200-300 debts.ev at 500 cr for 145000 ton capacity...servalakshmi at 90000+15000 expansion=105000 ton ur getting at 320 ev. ebitda margins as guided by management is possible at 16-20% as they are in paper industry for last 40 years.n fact on machinery they are one of leaders.they know in outs of production/costs etc etc... HENCE SERVALAKSHMI FAIR PRICES SHOULD BE AT 140-180-220 CR MARKET CAP IMPLYING STOCK RATES OF 36-46-56..DEPENDING ON FURTHER PERFORMANCE OF COMPANY....IF EBITDA OF 17% ACHIEVED..IT WILL BE A 60-65 RUPEE STOCK EASILY WITH PRESENT CAPACITY..THIS IS POSSIBLE. NEARER TO PORT AND EMPHASIS ON NEWSPRINT WITH LATEST TECHINOLOGY AND BEING IN MACHINERY BUSINESS THEY HAVE THE STRATERY AND BUSINESS MODEL IN PLACE. 4...LOOKING AT PAST KEYNOTE ISSUES...THEY ALL HAVE SOME BUSINESSES INTACT...EVEN THANGAMAYIL IS AT 180 AFTER ONE YEAR ONLY BECAUSE IT HAS A BUSINESS....AND NOT LIKE ASTERS OF THE WORLD...THIS GIVES CONFIDENCE.
5...LOOKING AT JUST A SMALL RISK...WITH GOOD ALLOTMENT...THIS ISSUE WAS A GREAT MONEY MAKING IPO.WITH SOUND BUSINESS.ATLEAST U CAN GET OFF ON LISTING...WITH VERY GOOD PROFITS.
AS ITS IN NEWSPRINT IT CAN BE BEST COMPARED WITH EMAMI...NEVERTHELESS THERE EVEN A COMPANY WITH 10000 TON CAPACITY LISTED IS QUOTING AT ABOVE 200 CR EV...OR 80-150 CR MARKET CAP...SO RISK IN SERVALAKSHMI WAS MINIMUM.
I have applied for 3000 stocks of servalaxmi IPO. Now I decided after seeing the track record of BRLM who is Keynote.
They are hardly failed in the issues. I am ready to take risk. But I could apply for innoventive for only 2 lots.Where Iam ready to short 2 more lots on listing day if it goes down issue price.
Now both Future and Servalakshmi may get undersubscribed. I am just kidding :). I know ur the distinguished boarder and most of the boarders follow u blindly and i am also one among them. I am waiting eagerly for Muthoot listing and also these speculative companies also. Disc: i didnt apply in Innoventive, future and Servalakshmi.
For the members sirs of forum I beleive BRLM is having as much important as director in making a film do you agree of couse registrar is like editor and syndicate members are distributors of the film. The privious blockbusters from 'keynote'are,let us clapps, Gravita (goden jublee) edserve (golden jublee) Vishal info (golden jubee) Bedmutha (silver jublee) Prakash steelage(silver jublee) Sita shree (Silver jublee) 20 micron (Normal hit) Lotus eye (avarage ) Embi poly (5 mts show) Thangamail( flop)
Decide whether do you like servalakshmi cinema from same director Cheers....