Zota Health Care Ltd IPO Message Board (Page 7)

Subscription figures as on 6:00 pm

NII : 7.46x
RII : 25.91x
Total : 15.88x

HUGE HNI SUBSCRIPTION SHOWS INVESTOR''S INTEREST IN ISSUE EVEN AT HIGHER PRICE (P/E)

SPECTECULAR LISTING EXPECTED

GALABHA YOUR VIEW MATTER TO. US

PL GIVE YOUR VIEW ON CLOSING

Superb subscription a bit of shocked actually ..... Excellent. . .... Never expected this .....
Good listing on cards near 140 .....

Nii 35.4 ×

Rii 24.3 ×

Total 15.76

Gala Ji
*Zota Health care ltd.*

Subscription

At 4.00 pm.


hni - 7.46x

retail - 24.41x


All over 15.16x times
Now 15.68

Lets hope activity of QIBs will pick up after 3.00 pm

BIds done for 9000 Shares only....

I don''t see them coming

Huge QIB APPLICATION HAS COME. 1.75 lacs share update on nse site many more to follow

👍🏃

In retail subscribed about 20.52 times

50% of (3180000-238000=2942000+150000=4442000)

50% of (3180000-238000=2942000+1500000=4442000)

Meera Industries Ltd (MIL) is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines. Moreover, various R&D activities are conducted by it to remain abreast of the latest market requirements. MIL caters to the domestic market as well as Exports the products to continents like America, South America, Africa, Europe and Asia and major countries like Germany, Spain, Turkey, Thailand, Belgium, USA etc. Company''''s products are sold under the brand name "MEERA".
To part finance purchase of additional plant and machinery, setting up of new yarn manufacturing facility, meet working capital funding and general corpus fund needs, the company is coming out with a maiden IPO of 1080000 equity share of Rs. 10 each at a fixed price of Rs. 36 per share to mobilize Rs. 3.89 crore. Issue opens for subscription on 27.04.17 and will close on 04.05.17. Minimum application is to be made for 3000 shares and in multiples thereof, thereafter. Post allotment, shares will be listed on BSE SME. Issue is solely lead managed by Guiness Corporate Advisors Pvt Ltd and Karvy Computershare Pvt Ltd is the registrar to the issue. It raised initial equity at par value and then issued further capital at a price of Rs. 40 and Rs. 100 per share during 2009 - 2017. It also issued bonus shares in the ratio of 1.5 share for every 1 share held in January 2017. Post issue, its current paid up equity capital of Rs. 2.85 crore will stand enhanced to Rs. 3.93 crore.
Financial Performance :- On performance front, the company has posted turnover/net profits of Rs. 7.52 cr. / Rs. 0.16 cr. (FY14), Rs. 8.01 cr. / Rs. 0.23 cr. (FY15) and Rs. 8.18 cr. / Rs. 0.49 cr. (FY 16). For first 10 months ended on 31.01.17 of the current fiscal, it has earned net profit of Rs. 0.96 crore on a turnover of Rs. 11.37 crore. If we annualized latest earnings and attribute it on the fully diluted equity post issue then the its asking price stands at a P/E of 12 plus, the peers are trading in the range of 12.37 to 114.87 P/E and thus the issue is justifiably priced at reasonable levels.
BRLM'''' Perfromance :- On merchant banker''''s front, this is the 17th mandate from its stable and last 10 listings have shown mixed trends with 4 issues quoting at discount to offer price on the day of listing.
Recommendation : Considering company strong fundamentals and reasonable offer price investors may apply for short to medium term

12.34 X

Galabha

If i decide to apply whether chances of allotments are better in NII than in RII

YOUR VIEW PL

Why hni subscription not show

Galabha

Will it list @ good premium ?
Can we expect UC ON FIRST DAY ITSELF

11.92 X

Galaji
Rajkot brokers are very much positive for Meera Industry n Zota healthcare
Your take on both?

Gala ji,

for 7000/- Its Risky bet to invest 1.25 lakhs.

isnt it..?

My frnd stock market is about risks ...... U get almost 1 yr FD return in 10 days I find it a good bet provided we get allotment which looks highly impossible if u have nnly one account

11.63 X

10.16 X

Retail 20 times zota

Don''t Spread rumors.

RII already 16 times oversubscribed

Thanks.Galabhai pl give premium

In market there is rumours that 20 to 40 times subscribe.

detailed Break up.

Total Issue Size-46,80,000
Total Bids Received-4,01,80,000
No. of times issue is subscribed-8.59

What is the grey market premiun.? Which bank give online facility till 4pm today

Gala sir : Pls flash some light on premium ..

3 pm is been Cut-off time.

HNI ME KITNA HUA

How much subscribe till time?

8.59 %

50 Minutes remained.

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