SKS Microfinance Ltd IPO Message Board (Page 51)

ONE IDIOT, 316 YOU ARE FULL RIGHT

Hi! wanted to find out if any agents/brokers/individuals are there who pick up IPO's on Kostak Basis need thier no's
thxs

its a rs. 1650 crore ipo at rs. 985 for 21.6% eqity of the company. (rs. 733 crores will go to the company and rs. 917 crores will go to seliing shareholders)

if it list at 985 only then the market cap will be 9635 crores.

last year profit was rs. 80 crores

next year expected profit is 200-250 crores

because the company will use new ipo proceed of rs. 733 crores for funding activities and generate extra profit and after payment of expenses and income tax, this is what we can reasonably expect)

I have considered growth for next year. even after that this share is at a PE of more than 30.

I dont understand how public says that its a long term story.

any finance company will make money by lending/ borrowings only. i dont understand how will they grow thereafter beyond that. they will earn intrest and thats the only way for their income.

i agree that thier intrest rate is more than 25% but that does not mean that if they have the pricing power of more than two times what other listed banks have, they can price their share of rs. 10 at 98.5 times of the face value.

still investors see value in this?

EDUCOMP, was different story. and also such cases are one among thousands.

I really dont understand why retail investors ignore basic and thereafter cry foul.

SKS :-pre IPO allotment to FIIs mostaly @ 300
pre IPO allotment to IIIs mostly @ 636
allotment to public @ 985
discount to public @ 50

verdict : all analysts say good ipo

MORAL OF THE STORY: ALWAYS OVER PRICE (10 TIMES) ANY THING U WANT TO SELL AND GIVE A DISCOUNT OF 5% AND YOUR GOODS WILL BE SOLD LIKE ANY THING.

where to invest fir the listing gain

in EIL OR SKS

Advice yaaaaaaaaaaaaar

All the value investors should bid aggressively for SKS as though it is appearing expensive at PE of 30 right now the attractive growth rate and huge potential will make it appear cheap after a few quarters. My personal target is 2000 in a year time and 1200 on listing

'Happy Investing'

I want to know how SEBI allows this type of IPO. allotment to QIB average rate is 300 and to public is 985 with a lolipop of 50 discount.

Similar thing was done by RPOWER. allotment to anil ambani was at par and to public at 450 with a lolipop of 5% discount. after ipo, he declared bonus still share could not remain at issue price. now nifty is again 5400 but share is a 50% of issue price. THERE WAS ARTIFICIAL HUGH DEMAND IN GREY MARKET FOR RELIANCE POWER WITH MORW THAN 100 TIMES QIB SUBSCRIPTION BUT FINALLY ON LISTING EVERY ONE WAS SELLER NO BUYER.


SKS LOOKS SAME STORY. INVESTORS BE INFORMED. DONT ALLOW PROMOTERS TO LOOT YOUR HARD EARNED MONEY.

bajaj corp very good ipo promoted by shishir bajaj, brother of rahul bajaj. very good ipo, good fundamentals and good group.

apply for hamara bajaj.

avoid EIL & SKS

BAJAJ IPO OPENS ON 2/8/10 AND CLSOES ON 5/8/10. ISSUE SIZE 300 CRORES.

GOOD OPPORTUNITY TO INVEST

grey market premium of aster was good and listing is also good but this does not means that it was or is a good company. this could be a speculation. ultimately investotrs will loose money either in primary or secondary.

similarly SKS price is extremely high. grey market premium is 52-54 which is beacause of speculation by KOTAK. KOTAK knows that not more than 10% will be able to sell in grey market and rest 90% will be traped by seeing grey market premium.

SKS = SUB KUCH SAAF

INVESTORS BE READY FOR HUGH "KOOOTAIII"

Dear Toshniwal,
Sell SJVNL after you get dividend,price may increase to your aquired rate.Apply in all 3 new IPOs with all the amount you have.

Shreedhar Bhai,

There is buyer of SKS for Rs 2400/- [Kostak]
I have 2 lac rupees to apply in ipo.
Though I have lost money in applying IPO like NHPC, SJVN and IB Power etc.
Plz advise what to do????
Should I sell one application of SKS or not???????
Plz advise........

Shreedhar Bhai,

There is buyer of SKS Rs 2400/ [Kostak].
Should I sell or not?
Though I have lost money in NHPC, SJVN IB Power etc.
Although I am keeping these shares.
Right now I have 2 lac rupees
What to do????????
Plz advise....

SKS GMP is 78-82
Kostak 2250/-


It seems people are buying shares and shorting applications due to less probability of getting shares in applications.

Best IPO of the 2010-11.

SKS Microfinance GMP 78-82.
Kostak 2200/-

It seems people are buying shares and shorting Applications.

Happy Investing.

One of the best IPO of this year.

GMP premium on SKS is rising
Only buyers @ 80 in Mumbai.

In my view it should touch 150 + in next two days.

Premium SKS is (Rs -230/- ). If u have good amount than try for some.

bajaj corp

IN FY 09 THEY DID SALES OF 252 CRORES AND PAT 47 CRORES
FOR 9 MONTHS IN FY 10 THEY DID SALES OF 239CRORES AND PAT 56 CRORES

FOR FY '10 THEY MAY HAVE DONE 70 CRORES PAT.
FOR FY '11 THEY MAY DO 85 CRORES PAT.( CONSIDERING 20% GROWTH BUT CO GREW 40% BETWEEN 09 TO 10

SO EPS FOR FY '10 MAY BE RS.24 IN FY 'RS.30
SO AT 30 PE ONE YR FORWARD STOCK COULD TRADE @ 700-750.

IT DERIVES 92% OF ITS SALES FROM ONE PRODUCT THAT IS " BAJAJ ALMOND DROP HAIR OIL" THATS LEADER IN ITS LIGHT HAIR OIL SEGMENT.

ITS A RISKY FMCG CO ALL SALES DEPENDS ON ONE PRODUCT!!!!!!

NOT VERY GOOD IPO

BAJAJ CORP IPO
OPENS ON 2 - 5 AUGUST
PRICE 630 - 650

NOW MY TENSION HAS INCRESED......
IF THESE 3 IPO HAD COME ONE BY ONE WE HAD MADE 3 TIMES THE MONEY THAN WE WILL MADE NOW.

friends 1st see the name of Book Running Lead Manager u will find 1 is Kotak Mahindra Capital Company Limited that have bad habbit to bring good ipo at very very expencive price...company is good but too expencive Book value is near to 200-250 that means coming at 4-5 times on BV far more expensive then any Private Bank also...Be carefull friend

So another Issue Bajaj corp coming on 02.08.10 to confound the investors.Now guys decide which ones to invest.