Surevin BPO Services Ltd IPO Message Board (Page 3)

Surevin BPO Services Limited - Graphical display of bids received *

(* indicates bids position and not necessarily the subscription to the issue– bids received on the Exchange platform only)

As on 01-Aug-2017 15:00:01 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Total Issue Size      912000
Total Bids Received      22437000
Total Bids Received at Cut-off Price      2775000
No. of times issue is subscribed      24.60
Graph Logic

Surevin BPO Services Limited - Graphical display of bids received *

(* indicates bids position and not necessarily the subscription to the issue– bids received on the Exchange platform only)

As on 01-Aug-2017 14:15:01 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Total Issue Size      912000
Total Bids Received      12726000
Total Bids Received at Cut-off Price      2271000
No. of times issue is subscribed      13.95
Graph Logic

No qib subscription till 1:45 pm

5.73X

QIB applied in this IPO ?

6.91X

No QIB

plz. post current bidding status of surevin bpo

refer this link
https://www.nseindia.com/marketinfo/ipochart/ipochartSME.jsp?issue=SUREVINEQ&ir=I&cn=C&sd=D&cnlink=N

WAH ABHIMAANYU BHAI.....KYA LINK HAI.....SAB DEALTAILS AVAILABLE HAI.....

Hi
I m using only sbi account and i would like to apply for Surevin BPO service Ltd IPO. Is their any alternative to apply. Pls suggest asap.

Thanks in Advance

BANK OF INDIA ISBEST FOR ALL IPO

Try another bank SBI doesn''t accept NSE SME ipo application

Galaji which one should we apply

Gala ji
Can I bid in survien upto my full capacity or place few bids in other SME

Few bids Jay mangal Bhai...... As acc to me it was a bit muted response

For subscription figure u can see NSE sme site there available

Dear experts,

I have never applied for an SME IPO. Can anybody please tell me how the allotment is done for SME IPOs? or post any link where it''s explained?

Is it like the main board IPOs where you can''t get more than one lot when the number of applications are more than number of lots?

Thank You!

Any kostak rate subject to

Surevin BPO Services Limited - Graphical display of bids received *

(* indicates bids position and not necessarily the subscription to the issue– bids received on the Exchange platform only)

As on 31-Jul-2017 17:45:00 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Total Issue Size      912000
Total Bids Received      3720000
Total Bids Received at Cut-off Price      801000
No. of times issue is subscribed      4.08
Graph Logic

What is the subscription Figure...

And Are we going to get Listing Gain??

how to check current subscription detail ?

shall we apply this ipo. apply or avoid. subscription just now crossed !

A few points I could deduce from the RHP and competitor analysis.

I have done some fundamental analysis of this IPO. It can be accessed from here via Google Sheet - https://docs.google.com/spreadsheets/d/1Sud7sHVhkTB6UsjJPNZ0yZctqfxnrisqFSryCvqx7Do

Summary -
Debt/Equity      0.23
Operating Margin      9.94%
Asset Turnover      1.84
Financial Leverage      2.09
Du Pont ROE      38.13%
ROE      38.13%
Earning Per Share (Pre Issue)      Rs 6.14
Earning Per Share (Diluted after Bonus)      
Earning Per Share (Post Issue)      Rs 4.49
Book Value Per Share (Pre Issue)      Rs 19.17
Book Value Per Share (Diluted after Bonus)      
Book Value Per Share (Post Issue)      Rs 14.01
Working Capital      Rs 32,301,251
Working Capital Turnover      6.36
Account Receivable Turnover      3.50
Interest Coverage      36.98
PE (Upper Limit - Pre Issue)      6.51
PE (Upper Limit - Post Issue)      8.92
PB (Upper Limit - Pre Issue)      2.09
PB (Upper Limit - Post Issue)      2.86

Competitors like eClerx Services (PE 14.9) and Allsec Technologies (PE 8.7) have a very high OPM of ~36% and ~21% respectively. Thus more efficient operations than Surevin.

Other relevant competitor i.e. Teamlease commands a PE of ~33 and results in EPS of Rs 39. OPM is around 2.2%.

RED FLAGS (Need explanations for these. If you know, do share here) -
- Sharp decline in Software Development & Training operating income
- MP Government Helpline number (Election in 2018 and there is an ongoing litigation on the award of this tender)
- Major decline in short term provisions between FY 16-17 and FY 15-16
- Significant Increase in Long term loans and advances and Long term borrowings
- Significant decrease in Short term loans and advances

Last quarter wasn''''''''t good in terms of growth for BPO sector in general. No growth in topline and erosion in Bottomline.

Looks like majority of their Revenue is coming from Call Center Operations ~95%. I don''t know any similar public company with such a huge call center operations.
What do we compare it with!?

How can I apply to nse sme I have a A/c in sbi A/c

you can apply any ipo and in anyone''s demat from Axis bank online net banking....

which bank can apply this IPO. Am using ASBA from federal bank,SBI,both don`t have. also advise which bank have more SME IPO`S.

you can apply any ipo and in anyone''s demat from Axis bank net banking....

Is it really going to make good listing or a long term investment?

dear kappuswami pl. tell us about surevin is it worthy to apply can we get some profit on listing your advise is valuable for us your predictions are too good for every ipo

Surevin BPO IPo kaisa hai listing par Kitna profit dega