As on 29-Apr-2015 14:00:00 IST Cumulative Demand (no. of shares in lakhs) Bid Price (Rs.) Note: Cumulative bid quantity at each price point includes the quantity bid at that relevant price point and all valid bids at the next higher price point. The graph is updated every hour.
Total Issue Size 68,29,269 Total Bids Received 10,13,424 Total Bids Received at Cut-off Price 4,38,768 No. of times issue is subscribed
.15x in total not much demand may be the iPod will removed or price reduced if it price at 375-400 I would apply at 625 it is over priced greedy promoters
Rightly put something should be left on the table for retail investor 35x PE is loot as advice by some contributors in this forum.35PE even for a blue chip I will think twice before investing..... That is one reason we see crash when investor is happy to apply at such high valuations. Avoid this issue since risk reward ratio does not match
InoxWind was pricey too but that had strong order book means already visible reveneue plus growth. Just Dial was issued at a very expensive valuation too but that business had moat even though not a strong one. Please read the addendum here where they want to compromise with Real Image and expect that Real Image doesn''t sue them. It may end up giving listing gains but I will prefer to avoid.
why to see only PE ? EV/EBITDA is around 12, gross profit margin is 34%. High depreciation is cutting on net profit else PE would have been lower. yes, i too think that there should have been retail discount of 10 %.
(1)I am not here to recommend UFO, my only point was against people crying loot and koot that too without supporting reasons and people taking fees to say good on their sites.
(2) just want to add-NBCC''s net profit margin was just 4 % at that time,while the same is 11% for UFO.
No doubt issue is expensive but they have 54 % market leadership too .There in-cinema ad revenue is growing at a CAGR of 20 %.sales is growing at an CAGR of 30 %, it is the high depreciation that is curbing the net profit. Any IPO is not only applied for listing gains only,take NBCC, it was offered around Rs. 95 to retail and there were almost no listing gains but today that stock is 8-bagger. see comments there: people were crying loot loot- /ipo/nbcc_ipo/337/
All fine with market share but I will stay away from companies which r raided income tax department for fraudulent tax practice. As retail investor my biggest fear is shady promoters AVOID
search and raids were at premises of group entities and promoters. In India almost every corporate does similar, even KM Birla was named in the coal scam. if they shall not generate black money then how they shall give chanda to political parties,protection money to goons and the bribe to police and other bureaucrats ??? even ratan tata''s name was found in Radia tapes.
Ok I agree people make a lot of noise about listing gains. As i said in my previous post, I will definitely buy if it is in 460-470 range. Second reason for not subscribing is very little money out of 600 crores raised through here will go to servicing of debts(which is 160 crores). I think PE investors will make money out of this.
Doing business is hard without black economy I understand but as retail investor special in case of ipo I would avoid not only for this reason but the price point is to high 35 x pe I can get better blue chip stock.
Also the whole company was for sale 800 cr in June 2014 however no one was interested and now 35% stake is sold for 600cr is another reason to avoid. IMO ipo should not be priced more 15 to 20 PE anything over this valuation is overpriced and should be avoided
It like comparing apples and oranges in case of just dial it was ipo in case on ufo it was complete sale of company. All companies want the highest price for it ipo however we as retail investor should only apply for companies which r rightly priced
My friend I am only saying u cant compare nbcc with ufomoviez.remember when nbcc listed after that its net margin its only last 2 qtrs the result were not that great. Above all its a debt free company. Nbcc priced it well at 10 p/e .if ufomoviez would have priced between 450 - 500 that would hv been reasonable. I am talking here abt greedy promoters not left anyanything on table .nbcc did left much for investors .so no comparision
(1) As far as SP Tulsian''s negative views are concerned, I found his site does nitpicking in almost every issues. If my memory serves right then he had advised against another new-economy stock Jubilant food works, and the stock is a multi-bagger today (7 bagger++).
(2) what was strange that the site had advised in favour of Adlabs but not distinctly for Inox wind. GK disclosed that she shall go for Adlabs and not for Inox wind. see, the results now.
(3) I fear that they accept some fees to say good about an issue.
Yes..As far as IPOs are concerned, SPTULSIAN can be completely ignored. I dont know about their trading recommendations. They have recommended an IPO called ARCHIDPLY @ Rs. 75 in Year 2008. Im very new to IPO & for that matter share market at that time and unfortunately applied to Archidply solely on their recommendation 7 YEARS back.. Forget about going above 75 in these 7 years....Even after 7 years, today its CMP is 35 and 52 week high is 50. So, It didnt touch the issue price even after 7 years and the recent bull run. This confirms how stupid is their IPO analysis & their VESTED INTEREST IN THEIR IPO ANALYSIS. READ THEIR ANALYSIS ON SHARDA CROP CHEM which gave bumper listing and super returns there after also. There are no of such instances. Sharda Cropchem - SPTulsian Recommendation Avoid Very good Listing gains INOX wind - SPTulsian Avoi 40-50% Listing gains VRL SPTULSIAN AVOID Subscribed 70+ times & about to give 40%-50 listing gains https://www.sptulsian.com/article/81372/sharda-cropchem https://www.sptulsian.com/article/83755/inox-wind- https://www.sptulsian.com/article/84026/vrl-logistics- You can see all his IPO Recommendations at below link and take to call if you can follow or avoid their recommedations. https://www.sptulsian.com/free_zone
SO DEAR ALL BOARDERS, AS SPTULSIAN IS ASKING TO AVOID GOOD IPOs IN HIS VESTED INTERESTS, AVOID SPTULSIAN.AVOID SPTULSIAN.AVOID SPTULSIAN.AVOID SPTULSIAN. AVOID SPTULSIAN.AVOID SPTULSIAN.AVOID SPTULSIAN.AVOID SPTULSIAN.
I SAID EARLIER IT IS AXIS CAPITAL IPO (EARLIER ENAM).They have the startegy of purchasing ipo at discount and then launch in market at high premium. Just see Enam ipo TAra JEwells , Monte Carlo , Mt educare , KSk energy
all are running at substantial discount to their isuue price