UFO Moviez at upper price band of Rs625 will trade at P/E of 34x FY15E (annualized) EPS of Rs18.5, which is reasonable in comparison to P/E of 18x FY15E EPS of Rs26 for Eros International (one of the largest studios in India) and P/E of 49x FY15E EPS of Rs12.5 for PVR (the largest exhibitor chain in India).
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What different brokers have to say about UFO Moviez : Reliance Securities Ltd: Subscribe Sharekhan Ltd: Potential for further upside SMC Capital: Investors with high risk appetite should go for IPO Angel Broking: Subscribe GEPL Capital Ltd: Subscribe But current Market has been bearish. So Trade intelligently.
It''s just an OFS not a fresh issue of shares. The money will go to selling shareholders that means debt will remain where it is now. The promoters are not serious like Monte Carlo and wanted to sell the company. Passionate promoters would have tried buying out the PE stakes. Real Image patent has been infringed which is a big issue & the promoters are trying out of court settlement as it seems prima facie. Promoters do not pay statutory dues on time and had income tax raid on them.
As on 28-Apr-2015 13:00:00 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 1,48,128 Total Bids Received at Cut-off Price 1,16,952 No. of times issue is subscribed 0.02 Graph Logic
According spt report these guys wanted to sell the whole company 800 cr in June 2014 and no one was interested now they wanted to retail investor invest at 625 means they will get 600 cr for 35% stake which IMO is the total value of this company. Why invest in companies which such high PE when secondary market gives better option Avoide the IPO
DEAR FRIENDS, I HAVE PURCHASED 3 APPLICATIONS OF VRL @ RS. 1350/= PER APPLICATION IN AHMEDABAD WHICH ARE REJECTED BY THE REGISTRAR. NOW MY BROKER IS SAYING THAT I AM ELEIGIBLE FOR APPX 14 SHARES PER REJECTED APPLICATION ON PROPORTIONATE BASIS WHICH IS 2:9. IF THE RUNNING PREMIUM OF RS. 80 IS CONSIDERED THAN AS PER MY BROKER I AM ELEIGIBILE TO RECEIVE RS. 1120(14*80) AND I AM LIABLE TO PAY RS. 1350/= PER APPLICATION. CAN IT BE CORRECT? MISTAKE OF THE SELLER TO PROVIDE VALID APPLICATION BUT COST OF RS.230/= PER APPLICATION TO BE BORNE BY ME? IF THAT BE THE CASE THAN IN CASE OF OVERSUBSCRIPTION INVALID APPLICATION CAN BE SOLD IN TONNES TO MANY BROKERS TO HAVE THE BENEFIT AS BROKER IS SUGGESTING IN PRESENT CASE. PLS. GUIDE.
IF I SELL 200 APPLICATIONS IN VRL @ RS.1400/= TO A BROKER AND SELL SAME APPLICATIONS TO 4 OTHER BROKERS THAN THOUGH THEY ARE INVALID APPLICATIONS BUT EVERY BROKER WOULD BE LIABLE TO PAY ME RS. 46,000/= WITH HAVING NIL ALLOTMENT IN HIS HAND. HOW CAN IT BE CORRECT? PLS. COMMENT AND GUIDE IN THE GIVEN MATTER
just watch, this will be another flop IPO/with either time extension or fine tuning of the offer price as the market is in downtrend and this is excessively priced compared to peers. And investor mood is low right now.
UFO A HIGHLY PRISED IPO PREMIUM CAME DOWN 225 TO 40 SO ITS RISKY FOR RETAIL INVESTORS WE AS RETAIL INVESTORS SHOULD APPLY ONLY IF ITS TRADE IN GREY MKT. OTHER WISE FORGET IT.
NOTHING LEFT FOR INVESTORS JUST TO LOOT PUBLIC MONEY INSTEAD BUY EROS INTERNATIONAL AVAILABLE AT CHEAPER RATE
BUY AT 450 RS AFTER LISTING EASILY, ANOTHER MONTE CARLO TYPE IPO
At the price band, the stock trades at about 25 times its estimated FY16 earnings. Though there is no direct peer, India’s largest exhibitor, PVR, trades at 45-47 times its estimated FY16 earnings Eros (among the largest production/distribution studios in India) trades at 16-17 times one-year forward earnings. While the prospects look good, UFO should have something on the plate for IPO investors. Long-term investors might want to consider it after the listing
TEACH ITS PROMOTERS A LESSON. THEY MUST HAVE PRICED IT HIGH BECATHEY THOUGH MARKET IS IN BUL PHASE. WITH AMRKETS TAKEN A DOWNTREND AND STOCKS ARE AVAILABLE AT MUCH CHEAPER RATE WHO WOULD WANT TO APPLY IN IPO
THEY AR EPRICING A CINEMA DISTRIBUTION COMPANY AT 35 P/E WHIC DOES NOT DESRVER MORE THAN 20 P/E
FAIR VALUE AT 400 RS . CLEAR AVOID. THERE IS GREAT CHANCE STOCK AVAILABLE AT 30-40 % DISCOUNT