Shankara Building Products Ltd IPO Message Board (Page 54)

Shankara BuildPro IPO

Day 3 at 9:00PM

QIB*: 52.390X (*excluding Anchor)
NII: 91.217X
RII: 15.341X
Total: 42.186X

Applications: 10,51,000 Approx
No. of Applic-wise: 12.808X


GMP 126 – 128

Hello mam,
I m one of your follower, you have strong knowledge & grip, thanks for your guidance.
I m eager to know your name.

What is the cut-off time to apply in any IPO on closing date?

HUDCO IPO – Schedule (Very Tentative)

03rd April – Anchor Investors
04th April – Bank Holiday for Ram Navami
05th April – Offer Opens
07th April – Offer Closes
12th April – Finalisation of Basis of Allotment
13th April – Unblocking of ASBA
14th April – Bank Holiday for Good Friday / Ambedkar Jayanti
15th April – Credit to Demat Accounts
17th April – Listing on NSE & BSE


Issue Information: (Very Tentative)

Issue Opens on: 05 April 2017
Issue Closes on: 07 April 2017
Issue Type: Book Built Issue IPO
Issue Size: 20,01,90,000 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.48 – Rs.50 per Equity Share
Market Lot: 300 shares
Listing At: NSE, BSE


Equity Shares outstanding prior to the Issue = 2,00,19,00,000 Equity Shares
Offer for Sale of 20,19,00,000 Equity Shares @50/- aggregating up to Rs.1000.95 Crores
Equity Shares outstanding after the Issue = 2,00,19,00,000 Equity Shares

Category-wise Break up:
Anchor – 6,00,57,000 Shares = 300.29Crs.
Net QIB – 4,00,38,000 Shares = 200.19Crs
NII – 3,00,28,500 Shares = 150.14Crs
RII – 7,00,66,500 Shares = 350.33Crs. (Lot size: 300 = 233,555 Forms)

Total Issue – 20,19,00,000 Equity Shares = 1000.95Crs.

Subscription required for 1X
RII = 233,555 Forms
NII = 150.14 Crs

Interest cost @6%p.a. for 7days = 6.712paise for 1X


Financial Information (Basis of Valuation):

EPS for FY13-14 >>> Rs.3.67 (Page #87 of DRHP)
EPS for FY14-15 >>> Rs.3.84 (Page #87 of DRHP)
EPS for FY15-16 >>> Rs.3.87 (Page #87 of DRHP)
EPS for 9M16-17 >>> Rs.2.95 (Not Annualized) (estimated)

If, Issue Price = 50 & GMP = 20 … Then Costing = 70 … & PE = 18.79 (trailing)

RoNW for FY13-14 >>> 10.29% (Page #88 of DRHP)
RoNW for FY14-15 >>> 09.87% (Page #88 of DRHP)
RoNW for FY15-16 >>> 09.18% (Page #88 of DRHP)
RoNW for 9M16-17 >>> 06.95% (Not Annualized) (estimated)

NAV as on September 30, 2016 was Rs.43.60 (Page #89 of DRHP)

Kindly explain interest cost calculation

@eagleye mam,

I hope he is your student

Shankara BuildPro IPO

Day 3 at 8:30PM

QIB*: 52.390X (*excluding Anchor)
NII: 91.217X
RII: 15.204X
Total: 42.117X

Applications: 10,41,000 Approx
No. of Applic-wise: 12.693X


GMP 124 – 126

PLEASE KINDLY DESCRIBE ABOUT APPLIED IN NII SEGMENT. WHAT IS RULE OF ALLOTMENT AND ALLOTMENT RATION

In upcoming IPOs only CDSL and Continental warehousing looks interesting....

IPOs IN THE PIPELINE (Status as of 17th March 2017)

SEBI approval received (less than 6 months ago)

1 Housing & Urban Development Corp. >>> DRHP date 30-Dec-16
2 S Chand & Company >>> DRHP date 16-Dec-16
3 Central Depository Services >>> DRHP date 24-Dec-16
4 Genesis Colors >>> DRHP date 28-Sep-16
5 Security & Intelligence Services >>> DRHP date 26-Sep-16
6 G R Infraprojects >>> DRHP date 29-Sep-16
7 Continental Warehousing Corp. >>> DRHP date 30-Sep-16
8 Aster DM Healthcare >>> DRHP date 24-Jun-16

SEBI approval received (more than 6 months ago; but less than 12 months)

1 Seaways Shipping and Logistics >>> DRHP date 28-Mar-16
2 Hinduja Leyland Finance >>> DRHP date 29-Mar-16
3 K.P.R. Agrochem >>> DRHP date 21-Dec-15




DRHP Filed – SEBI approval is awaited

1 Nakshatra World >>> DRHP date 08-Mar-17
2 Tejas Networks >>> DRHP date 10-Feb-17
3 Eris LifeSciences >>> DRHP date 08-Feb-17
4 Au Financiers (India) >>> DRHP date 01-Feb-17
5 GTPL Hathway >>> DRHP date 30-Dec-16
6 National Stock Exchange of India >>> DRHP date 28-Dec-16
7 PSP Projects >>> DRHP date 27-Dec-16
8 Prataap Snacks >>> DRHP date 30-Sep-16

Thank you for the information!

Cochin Shipyard too filed with SEBI http://economictimes.indiatimes.com/markets/ipos/fpos/state-run-cochin-shipyard-files-ipo-papers-with-sebi/articleshow/57813425.cms

Anybody knows the tentative date of Nse ipo

17.04.2017

Shankara BuildPro IPO

Day 3 at 8:00PM

QIB*: 52.390X (*excluding Anchor)
NII: 91.217X
RII: 15.055X
Total: 42.042X

Applications: 10,31,000 Approx
No. of Applic-wise: 12.569X


GMP 122 – 124

Mam What is your expecyion of Subscribe Data...before Issue Open...In NII And QIB Segment..

So it is clear that only 1 out 12 retail applicants will be lucky to get a single lot- 32 shares ....!

125 gmp 125 × 32 =4000/12 times per appl wise = 332 per application wise till now.....

Shankara will list at 700+ enjoy friends

ITEZAR HEI ALLOTMET KA PER IS BAR BHI NAHI HOGA LAGTA HEI .........

Not above 550

THANKS EE MAM FOR UPDATING ................

Shankara BuildPro IPO

Day 3 at 7:30PM

QIB*: 52.390X (*excluding Anchor)
NII: 91.217X
RII: 14.885X
Total: 41.957X

Applications: 10,20,000 Approx
No. of Applic-wise: 12.427X


GMP 123 – 125

Mam,what is gmp trading trend , active buy or sell

off topic question:
I have applied for CPSE ETF FFO 2 for rs 20K through HDFC sec and it got debited from my account on the very same day. What does this mean? I believe this FFO 2 is also over subscribed and actual allotment is not yet done. Pls correct me if I am wrong.

Shankara BuildPro IPO

GMP 140 – 145

GMP 123 – 125

Which city??

It might list 150++

973850 application 11.87 times

Shankara BuildPro IPO

Day 3 at 7:00PM

QIB*: 52.390X (*excluding Anchor)
NII: 91.217X
RII: 14. 716X
Total: 41.873X

Applications: 10,08,000 Approx
No. of Applic-wise: 12.286X


GMP 123 – 125

125/127 shankra

Shankara BuildPro IPO

GMP 123 – 125

subscription figure please

I think it settled now for time being, on the listing date NIFTY should be above 9k.I see correction of 2/3% on expiry , new FY could be 9.5 to 10 k

Perhaps NIIs lower than expected sub figures is the reason for GMP going down. Higher than, initially expected qty will be alloted to nii''s, thus bringing down their cost.
But the actual listing can be a different game, i think so.

I think retail investor are now more greedy than NIIS