Total Transport Systems Ltd IPO Message Board (Page 10)

Sub2 rate?

28000 rs subject to

30000 Subject to

what does this 28000 represent ?
ps : I am relatively new. so bear with me

Subject to 30000 at ahmedabad.

please let me know should i hv too apply or not

Total Issue Size      3780000
Total Bids Received      5013000
Total Bids Received at Cut-off Price      -
No. of times issue is subscribed      1.33

Response is amazing in the first day itself

Apply ya avoid
Sabject to?????

Company has witnessed major setback in FY16 (so it could happen anytime - if the management hasn''t learned their lesson).

Pros:
Awesome ROE (is ~60%) and ROCE (is 33.28%)
Fair DE ratio
Fair PE (in comparison with its peers).
Cons:
Inconsistent cash-flow
Inconsistent sales and net
Raw material cost is eating into more than 80% of sales
Nearly 26.02 crore is audited as Miscellaneous expense (and no further information is available - which is a very huge money)
2 bonus issues and allotments in past 2 months

The performance of the company is inconsistent and the corporate governance is much bigger question to be asked.
Issue is attractively priced based on FY17 earnings and ROE and ROCE is also awesome (for FY17).
But, if we aggregate last 3-4 fiscals, the issue is expensive and ROE and ROCE are negative (by more than 50% - which is dangerous).
Because of excellent FY17 numbers, in short-term this stock could perform well - but my long-term view on this SME is negative.
So, I recommend an AVOID (or apply-with-caution).

Key operating ratios

Year end      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
EPS(Rs)      11.18      -      5.58      94.44      56.46
Book value(Rs)      24.44      13.26      44.89      394.56      300.12
CEPS(Rs)      13.26      -28.70      9.88      123.20      80.60
NPM(%)      2.80      -6.94      1.08      1.92      1.29
OPM(%)      5.14      -4.62      3.72      4.86      3.34
ROCE(%)      33.28      -38.55      19.44      29.04      17.20
ROE(%)      59.31      -108.73      13.23      27.17      18.79
Debt/equity      1.66      0.99      0.75      1.04      1.32
Interest cover      2.33      -3.04      2.32      3.67      3.21

Cash flow analysis(Rs.in Crs.)
Year end      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
NOPAT      9.78      -11.89      4.91      6.49      4.10
Operating cash flow      -10.08      5.44      9.76      7.71      -1.71
Free cash flow      -9.87      5.59      10.15      8.55      1.82

Key financials (Rs.in Crs.)
Year end      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
Net sales      199.65      227.73      258.31      246.29      218.54
Operating profit      10.27      -10.53      9.60      11.96      7.31
Net profit      5.59      -15.81      2.79      4.72      2.82
Equity cap pd      5.00      5.00      5.00      0.50      0.50

P & L Account(Rs.in Crs.)

Year      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
Sales Turnover      199.65      227.73      258.31      246.29      218.54
Other Income      0.36      1.18      0.63      0.43      0.17
Stock Adjustments      0.00      0.00      0.00      0.00      0.00
Total Income      200.01      228.91      258.94      246.72      218.71
Raw Materials      162.46      188.14      221.22      208.96      180.15
Excise Duty      0.00      0.00      0.00      0.00      0.00
Power & Fuel Cost      0.94      1.10      1.14      0.62      0.25
Other Manufacturing Expenses      1.33      1.08      1.49      0.97      0.67
Employee Cost      13.56      12.23      13.16      11.53      19.96
Selling and Administration Expenses      10.80      10.88      11.05      10.60      9.41
Miscellaneous Expenses      0.65      26.02      1.28      2.07      0.96
Less: Preoperative Expenditure Capitalised      0.00      0.00      0.00      0.00      0.00
Profit before Interest, Depreciation & Tax      10.27      -10.53      9.60      11.96      7.31
Interest & Financial Charges      3.95      3.95      3.22      2.87      1.90
Profit before Depreciation & Tax      6.32      -14.48      6.38      9.09      5.41
Depreciation      1.04      1.46      2.15      1.44      1.21
Profit Before Tax      5.27      -15.94      4.24      7.65      4.20
Tax      -0.32      -0.13      1.45      2.93      1.38
Profit After Tax      5.59      -15.81      2.79      4.72      2.82
Adjustment below Net Profit      0.00      0.00      -4.57      0.00      0.00
P & L Balance brought forward      0.87      16.69      18.47      13.75      10.92
Appropriations      0.00      0.00      0.00      0.00      0.00
P & L Bal. carried down      6.46      0.87      16.69      18.47      13.75
Equity Dividend      0.00      0.00      0.00      0.00      0.00
Preference Dividend      0.00      0.00      0.00      0.00      0.00
Corporate Dividend Tax      0.00      0.00      0.00      0.00      0.00
Equity Dividend (%)      0.00      0.00      0.00      0.00      0.00
Earning Per Share (Rs.)      11.18      0.00      5.58      94.44      56.46
Book Value      24.44      13.26      44.89      394.56      300.12
Extraordinary Items      0.00      0.00      0.00      0.03      0.03

Balance Sheet(Rs.in Crs.)

Year      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
Share Capital      5.00      5.00      5.00      0.50      0.50
Reserves & Surplus      7.22      1.63      17.45      19.23      14.51
Total Shareholders Funds      12.22      6.63      22.45      19.73      15.01
Secured Loans      15.03      10.26      11.05      11.27      10.73
Unsecured Loans      5.70      5.56      6.26      5.98      9.73
Total Debt      20.73      15.82      17.31      17.25      20.46
Total Liabilities      32.95      22.45      39.76      36.98      35.47
Gross Block      16.71      16.50      16.37      15.98      15.13
Less: Accum. Depreciation      8.69      7.65      6.20      3.98      2.54
Net Block      8.02      8.85      10.17      12.00      12.59
Capital Work in Progress      0.00      0.00      0.00      0.00      0.00
Investments      0.18      0.21      0.21      0.21      0.21
Inventories      0.00      0.00      0.00      0.00      0.00
Sundry Debtors      32.23      28.06      43.08      36.00      31.04
Cash and Bank Balance      1.89      10.72      9.08      3.45      2.80
Loans and Advances      8.81      7.86      8.23      6.09      5.76
Current Liabilities      18.17      33.25      31.02      20.77      16.93
Provisions      0.00      0.00      0.00      0.00      0.00
Net Current Assets      24.76      13.39      29.37      24.77      22.67
Miscellaneous Expenses not w/o      0.00      0.00      0.00      0.00      0.00
Total Assets      32.96      22.45      39.75      36.98      35.47
Contingent Liabilities      23.19      43.98      35.50      12.58      11.66

Capital History
Year      Equity Capital       Remarks
201705      10        Bonus Issue
201705      10.526        Preferential Allotment
201505      5        Bonus Issue
201501      3        Bonus Issue
201409      2.5        Bonus Issue
200912      0.5        Bonus Issue
200903      0.05        Bonus Issue
200203      0.01        Rights Issue
199507      0.004        Subscriber to MOA

my broker is not dealing in sme ipo where can i apply and how i can sell

yes you can do... online through net banking

Who is your broker, Rajiv?

I am new to SME IPO''s
Can I sell shares on Listing day?

YES

Subject to 27000

Hisar subject2 rate?

Sub to price in ahmedabad 28000\--- surely apply

Hi ! I want to sell my Application. if you are ready to buy please catch me. subject to Ahmedabad.

a"bad me kon sub 2 leta he ..muje phone number mil sakta he..????

Subject2 and application rate??

इसकी TTS की अल्लोटमेंट और लिस्टिंग डेट कब की है