Security and Intelligence Services (India) Ltd IPO Message Board (Page 18)

Since there are no other IPOs around the corner, I personally feel that both SIS and CSL will give splendid returns.

Govt to sell up to 25% stake in 4 defence PSUs via IPO:
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The government is planning to list four of its defence PSUs by selling up to 25 per cent stake in each of them through an initial public offering (IPO).

The Department of Investment and Public Asset Management (DIPAM) has through an advertisement invited bids from registrars for disinvestment of up to 25 per cent stake each in Bharat Dynamics, Garden Reach Shipbuilders & Engineers, Mazagon Dock Shipbuilders and Mishra Dhatu Nigam Ltd.

The bids have to be submitted by August 18 to DIPAM, which handles disinvestment of public sector enterprises, the tender said.

The Cabinet in April cleared the disinvestment of these 4 PSUs under the defence ministry, and thereafter DIPAM invited bids from merchant bankers and legal advisors for managing the stake sales.

Miniratna PSU Bharat Dynamics (BDL) was established in 1970 and is a manufacturer of guided missiles and allied defence equipment.

The authorised share capital is Rs 125 crore and the paid-up equity capital is Rs 122.19 crore as on January 31, 2017.

BDL earned a profit-after-tax (PAT) of Rs 563.24 crore in 2015-16 and has a net worth of Rs 1,652.23 crore.

Garden Reach Shipbuilders & Engineers was incorporated in 1934 and was taken over by the government in 1960. It primarily constructs warships and auxiliary vessels for the Navy and the Coast Guard.

Its authorised share capital is Rs 125 crore and paid-up share capital is Rs 123.84 crore as on January 31, 2017.

The company''s PAT for 2015-16 is Rs 160.72 crore and net worth stood at Rs 1,064.41 crore.

Miniratna PSU Mazagon Dock Shipbuilders (MDL) is the lead shipyard of India serving the nation''s strategic requirements. At present, MDL is constructing three major warship building projects and one submarine project.

It was established as a public limited company in 1934. In 1960, the government took over the yard to further augment its warship development programme and incorporated it as a PSU under the ministry.

The authorised share capital of MDL is Rs 323.72 crore and paid-up share capital is Rs 249 crore as on March 31, 2016. The PAT for the fiscal 2015-16 is Rs 637.82 crore and its net worth stood at Rs 2,846.23 crore.

Mishra Dhatu Nigam (MIDHANI) is engaged in production of metals and alloys as part of an import substitution strategy, which is designed to reduce India''s reliance on foreign suppliers and achieve self-sufficiency.

The authorised capital of the company is Rs 200 crore and the paid-up capital is Rs 187.34 crore as on January 31, 2017. Its PAT for the fiscal 2015-16 is Rs 118.03 crore while net worth stood at Rs 576.56 crore.

The government has already raised over Rs 8,800 crore through disinvestment in six companies, including selling stake in L&T through Specified Undertaking of Unit Trust of India (SUUTI), and one share buyback.

The government has budgeted to raise Rs 72,500 crore through stake sale in PSUs. This includes Rs 46,500 crore from minority stake sale, Rs 15,000 crore from strategic disinvestment and Rs 11,000 crore from listing of PSU insurance companies.

Dear Value Investor please share some light on SME ipo''s as the change in Big Ipo''s are bleak so please advice on SME ipo''s are they are also easily sellable on Nse or BSe are there enough buyers for this shares also please share your views

Titan, SME IPOs are mainly LC and UC possible candidates and allotments are very tough. Plus you have to apply in 3000 shares lot which comes to around 1.2 Lacs minimum and you have to sell/buy only in those lots of 3000 shares, so it is difficult to find buyers/sellers in those lots and retailers may get trapped by brokers. I personally never applied in SME IPOs, so i can''t give any personal experience on that front. Maybe others like septa, gamble, eagleeye, khemka, uchit patel, viraj, chemcho etc can share their experience.

GMP:285+:-35% LISTING DAY

Discount listing expect

Learnd, thanks

Expectations honi chahiye, ye dar muje achha laga :p

Listing around 200+ pissible

Listing around 200+ pissible

Can anyone please tell me how to get quotes for Grey Market Premium. I am based out of Mumbai. Any leads would be appreciated.

Thanks in advance.

SIS BLASTED:
GMP: 105-107

itna kaise up hua .....kis city ka hai

मजाक मत करो भाई किसी को हृदयघात आ सकता है 😃

Sis GMP is now 72-76...hope listing at gmp

SIS GAMP ?

Next IPO ?

please any one tell me next ipo''s

wait till 10 aug

SIS IPO:
GMP: 63-65

DMART Target till Diwali of Rs. 1000 is about to Reach

Enjoy
Rajkot Broker Associations

thanks Arjun Sir

Application wise SIS how many time subscribe ?

Kitna times huva???

I think 1st time every one pray for not allotment

SIS IPO

GMP 60 – 63

Osum

The most reliable & respected figure of this forum

when will be the listing...any idea?

Next IPO please any tell

Reliance Nippon, HDFC Life, SBI Life, HindCopper

Sis me kitni application me se ek application allotted hogi any body idea and shipyard dono me batao ....

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