take it is australian operation this account for almost 55% of the top line and it is growing at 5% yes indian business is growing at 20% plus but that is half of top line so company as a whole more like growing at 12.5% on wafer thin margin.. so giving such high PE multiple of 60 is not correct IMO where as quess and team lease the whole business is growing at 25% plus so giving it a better PE multiple is correct because it whole business is growing at the sam speed not like SIS .....
If one get allotment keep a stop loss at 850 or less first as it a risk bet IMO
This is the kind of misleading posts that i had suggested earlier, one should not be posting these. Take FY17 - SIS revenues grew by 19% (you said 12.5%) while Teamlease and Quess grew by around 21% (you said 25%). So growth rates are pretty much on par. Teamlease EBITDA is 44 cr and a 1.8% Ebitda margin, how can you even compare it with SIS which is close to 5% and 223 cr ebitda.
Sir, Most of the forum members agree with what you said. Septa sir is such a great person liked by almost all the members. Before posting a message,one should consider the respect and value, the other one like Septa sir possess. Sorry, if I hurt you.
I have some questions. 1) Can i transfer all alloted shares of my families in my mom account? 2) if yes than first i have to transfer all shares in mom account or i can transfer it after sell also? 3) if i sell from mom and if she not cross her limit of minimum income than also she has to pay tax of all family mrmbers or it''s counted as tax free? Please guide me . THANKS.
Even i didnt get answer of dis question... but as far as i know.. if any amt gifted gets taxable gain.. its clubbed with donors income... Plz get expert advice..
1)Yes, You can transfer using DIS 2)You have to transfer them before selling 3)No Tax. If total income (Inclusive Capital Gains) of your mother does not exceed basic exemption limit
Application of clubbing provisions is restricted to transfer of shares for inadequate consideration to spouse/minor child & not applicable in case of transfer to mother
Please read my earlier posts on this topic. Some of the so-called experts here have been posting rubbish here quoting figures and data without even reading the documents, full of their own fanciful imaginations. The HNI has been subscribed 1.6 times - in the absence of margin financing which all went to Cochin Shipyard this is largely investors who need not sell on day 1. Retail also does not usually sell on day 1, they also have to pay short term capital gains. The anchor book is also largely long term buyers with a couple of hedge funds. So there will be a shortage of sellers on day 1 which will move the price up. That is precisely the reason the GMP has gone up to 100. I will not be surprised if it closes day 1 at 1000, though 950 is more likely.
Best of luck on your 1000 listing mate... and i wish it list at 1000.
HNI did not apply bcoz of Cochin IPO then how come HNI applied for Music Broadcast Ltd IPO when the other issue was Dmart in both HNI was over subscribed 100 Times..... If the issue is good HNI will apply funds is available
Logic will get you from A to Z; imagination will get you everywhere....
actually if you look at RII subscription people believe in this high priced IPO
GMP can go up or down important is KOSTAK in grey market which has open around at 200 and stayed around that price till date so all this GMP going from 250 to 50 and then 100 is not important since deal is done at 200 kostak.
the most important reason for HNI not applying in SIS is S chand flop show . HNI will stay way from high priced IPO and SIS is a high price IPO even GMP of 100 is around 12% return net which is high risk
Another piece of wrong info from Septa sir - S Chand flop show? - wasn''t the issue a blockbuster - QIB at 45 times, NII at over 200 times. S Chand was a flop not on the IPO but because after the IPO, by the time of allotment news came out about its full year numbers for FY17 which were a shocker to the market.
12% listing gain what to argue one in 15 will get allotment.... do not what to waste more time on this hope u stay after the issue and contribute on other IPO and not dis appear like many company stooges
I feel that 900 is a likely target for the listing day. While on the valuation front it is highly overpriced, the surge in the broader market is purely liquidity driven. This is going to be the primary driver for the rise in price of SIS.