Try to avoid fresh buying at this range(i.e 635) or exit in nxt bounce (if still holding )
A very good promising listing has already hppnd...but now @630 pE is beyond 25 and that is not tradable range for Rii(imo).let it cool in this hot weather.
12. gamble Mar 18, 2017 10:04:15 PM IST Reply Shankara Building Products Ltd IPO
Shankara building pro :::-
Worth applying ipo .
EPS...
2014.......2015.......2016.......2017(9m)
13.13.......10.32.......18.9........19
So full yr expected near 25 but give it 23(!¡)
I.e 460/23====20 PE
I.e good attractive range of PE ratio for first mover with enrich bussiness model.
@23 PE ==== 529 @25 PE ==== 575
Above two range might consider as listing range (imo)
Other imp points :::::::::
..........yes there is steep fall in PAT btwn 2012-2015 but those yrs were MANDI"S in real sector..or u may assume inventory for new store etc etc ....
......D/E(debt to equity ratio) === 0.84
.......regular dividend paying company
.......promoter from IIMA..!!!!!
........allotment tough/(....1/4.5 to 1/6* types)
Concl:::investors,,,,looking for listing gain as well medium term view can go for issue
1566. Chem cho| Link| Bookmark|
April 5, 2017 9:27:34 PM
IPO Guru (2600+ Posts, 2700+ Likes)
After buying and selling shares in shankara building made a cool profit of rs 10500 , only . last at 3 pm moment bought 100 shares at 630 , net value comes to 63000-10500 =52500 will hold till the share stabilizes
1564.1. Eagleye| Link| Bookmark|
April 5, 2017 8:18:14 PM
IPO Guru (6600+ Posts, 22000+ Likes)
This data clearly shows that a unusually large portion of the available floating stock of shares have been cornered on Day 1 ... and hence, we can expect a larger up move going forward
Good listing and best part we could entry at Rs 550 as I said in my earlier post I will buy if it list below 575. I have booked profit on endurance advance enzymes. Also Brought ujjivan and equitas
Anything impacts after tamilnadu high court order govt for farmers loan waived, maharashtra too mulling after UP govt decision of waiver,many state may followed, IMO next 2 quarter results can be watchful
IMO WE HAVE A VERY GOOD LAST QUARTER SO Rs 700 will be first target but these days year target is achieved in few trading day. But overall it is good company and if ratio of retail wholesale change will benefit bottom line and the share price
Right, since I got to know in this forum that it should have listed higher beyond 600 hence i too bought on listing around 575 along with the ones already allotted..Cheers!!
As usual i didn''t got the allocation and the sankara scrip is not showing in icici direct for trading. From morning i am trying on the same. Can any help me ?
PREMIUM IN GREY MARKET WAS 150 TO 180 PER SHARE AND I WAS SURPRISED WHEN PRE- OPENING SEEING 520 530 540 550 SOLID BUSINESS MODEL AND EAGLEYE MAM SAY FAIR VALUE AFTER SOME TIME 750 SO I BIT 570 PREOPENING ANGD GET 100 SHAE @545 AND MADE 4500 PROFIT AND MY 3 LOTS I SOLD RS 610 AVERAGE AND 20 SHARE REMAINING THANK EAGLEYE MAM
RBL and kotak u can also include Indus and yes all these have given handsome return two year back my portfolio was Pharma heavy now it financial and disposable income sector
I was alive on the listing day of shankara buildpro....pinnacle of ups/down...for a moment I believed market is pure gamble without a pinch of fundamental...