1369. ShareView| Link| Bookmark|
April 3, 2017 12:51:06 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Those who have problem regarding unblocking , kindly check now your balance.Karvy started fund releasing in SBI , ICICI , BOB , IDBI and so on.My money just unblocked few minutes ago.If still blocked , kindly send mail to karvy at the above mentioned address.You will receive confirmation mail from karvy.
It means HNIs at least get one confirmed allotment, rest depends on oversubscription ratio. I am really new to this field and learning new things every day. Thanks for sharing your valuable knowledge.
1356. Eagleye| Link| Bookmark|
April 2, 2017 9:34:04 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Inviting Experts to comment ... Would it be fair to consider 30X PE as fair for Shankara BuildPro?
Financial Information (Basis of Valuation):
EPS for FY13-14 >>> Rs.13.13 (Page #73 of RHP) EPS for FY14-15 >>> Rs.10.32 (Page #73 of RHP) EPS for FY15-16 >>> Rs.18.90 (Page #73 of RHP) EPS for 9M16-17 >>> Rs.19.00 (Not Annualized)
RoNW for FY13-14 >>> 12.30% (Page #74 of RHP) RoNW for FY14-15 >>> 08.92% (Page #74 of RHP) RoNW for FY15-16 >>> 14.22% (Page #74 of RHP) RoNW for 9M16-17 >>> 12.51% (Not Annualized)
NAV as on December 31, 2016 was Rs.151.87 (Page #74 of RHP)
Looking at business modal, having building products store chain it''s just unique business It''s may be fancy stock and operators can list it at any level as naukri listed in past.
However we must wait for expert comments of CA sahib
In such a bull market, 30x seems to be fair. Which makes it around 740-750....We have a chance
Jai Jinendra.....Ipo bharo aur bharne Do....
1356.3. BullOverBear| Link| Bookmark|
April 3, 2017 12:05:22 AM
Top Contributor (300+ Posts, 100+ Likes)
Thanks for this research, really lot of efforts on your side for all of us.
From the date u mentioned RoNW for FY14-15 and FY15-16 was 9 to 14 %, which is substantial taking view of downside of real-estate sector. In my view its impressive and exhibits its business model/efforts In continuation for 9M FY16-17 is further good bounce back.
If we consider the above in consideration the business is well managed.
These are views from niche based on prima facie information.