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6753. Ankur Goell  Jun 20, 2017 8:55:08 PM IST Reply

Eris Lifesciences Limited IPO

The real operator who fluctuate the price is HNI. When HNI subscription is low then there is less chances for appreciation as QIb are stable guys. They do not sell on listing day. So we can buy it after listing if seems attractive other wise we can buy 100 other pharma stocks which looks attractive these days.
6752. IPO GRUP  Jun 20, 2017 8:35:09 PM IST Reply
6752.1. CANARY  Jun 20, 2017 8:43:14 PM IST
6751. IPO GRUP  Jun 20, 2017 8:34:57 PM IST Reply
6750. IPO GRUP  Jun 20, 2017 8:34:49 PM IST Reply
6749. Moinuddin  Jun 20, 2017 8:21:19 PM IST Reply

Central Depository Services (India) Limited IPO

Cdsl 1. Lot. Pe. 4 thusent. Only. Mile ga. 15. App. Me 1. Eris. Company. Badya. He. Mela to thek nahe to Koi gale nahe. Eris. Hold karege
6748. VALUE INVESTOR  Jun 20, 2017 8:08:28 PM IST Reply

Eris Lifesciences Limited IPO

This Forum has become more of slugfest between those who applied and those who did not apply. Everyone is entitled to their opinion and nobody needs to feel pity for anyone. Finally it comes down to saving your own capital which is outmost importance rather than falling prey to wrong decision influenced by others. It is better to apply in IPOs where gains are 100% sure after lottery allotment like CDSL rather than speculating in IPOs where subscription is not great.
6747. kpv  Jun 20, 2017 7:49:34 PM IST Reply

Eris Lifesciences Limited IPO

I had skipped SChand even though there was so much hype around as I was not convinced with the financial figures... but have subscribed to Eris with full confidence in all three accounts as the financial numbers seems very tempting.. happy to see others withdrawing application as it will increase my chances a bit... will not worry even with bad listing since this stock can pick up later as I believe market will always appreciate stocks with good financial numbers..
6746. Believe and Confident  Jun 20, 2017 4:47:33 PM IST Reply

Eris Lifesciences Limited IPO

I feeling pity for those who withdraw their application without using mind. Eris is the fundamentally strong company whose total revenue comes from domestic market even they have no bar to raise the drug prices. They provide drugs specially for diabetes, Vitamins and Gynecology. Just think about it if you withdrawing your application and then share list on good premium, what you will do. so isse better ye hoga apna mind lagaye aur loss bhi hota hai to koi baat nahi because its your decision. Regards.
6746.3. Navkant  Jun 20, 2017 6:51:12 PM IST

Eris Lifesciences Limited IPO

No one denying its a good stock. What everyone is trying to do is to time their entry. I personally expect this to be available below 600.
6746.4. Prem toshniwal  Jun 20, 2017 7:44:22 PM IST

Eris Lifesciences Limited IPO

Don''t make people fool, Look at the subscription figure. Who is going to buy while listing of shares. I agree that company is good but the premium it charged was too much. It didn''t left anything for investors. Even several big pharma companies are available at much better valuations then why people will buy it paying higher premium. While listing there wont be any buyer. only seller seller....& seller. Better one should withdraw application immediately, and let the issue become failure so that none of the promoter would think about charging heavy premium. What SEBI is doing here. How they allow issue of share on such high premium.
6745. LSR  Jun 20, 2017 7:44:13 PM IST Reply

Central Depository Services (India) Limited IPO

I have applied for 5 lots. Let''s see how it goes...last time didn''t got any allocation from hudco....
6744. Rajkumar Bhuj  Jun 20, 2017 3:13:49 PM IST Reply

Au Financiers (India) Limited IPO

@Sagar.... GMP isn''t a fixed deposit. It will keep on changing.
6744.2. Sagar Hirani  Jun 20, 2017 3:30:14 PM IST

Au Financiers (India) Limited IPO

remembered my words....AU = Eris current 100 rs GMP on last day you will see 20/25 Rs on my words.
6744.3. Rajkumar Bhuj  Jun 20, 2017 7:43:59 PM IST

Au Financiers (India) Limited IPO

One shouldn''t rely on GMP but one can definitely get some idea. One can be sure that Tejas will have dull opening while CDSL will have good. GMP shows that.
6743. MrFin  Jun 20, 2017 7:40:51 PM IST Reply

Central Depository Services (India) Limited IPO

After the lacklustre subscription of ErisLife this is a breather! Sad that, for good ones the chances of allocation are pretty dim alas!
6742. Vinay Sadashiva  Jun 20, 2017 3:44:28 PM IST Reply

Central Depository Services (India) Limited IPO

Can anyone please clarify..Does the allotment of shares happen on the basis of when we apply for the IPO? I mean, day1 - more preference, day3- least preference?
6742.3. Vinay Sadashiva  Jun 20, 2017 4:01:13 PM IST
6742.4. MrFin  Jun 20, 2017 7:38:45 PM IST

Central Depository Services (India) Limited IPO

There is no difference, So, actually people wait till last minute to assess the success of the subscription (which vaguely reflects listing gains) and also to save interest amount for the two days. :)
6741. Prabhakaran Kuppusamy  Jun 20, 2017 7:38:22 PM IST Reply

Accord Synergy Ltd IPO

One more point, (I assume that I''m sane) is that LaxmiCotspin and Globe belong to same industry.
Laxmi is trading at PE of 8.75 and PB of 0.68.
So, theoretically I would rather be with Laxmi than with Globe.

ROE and ROCE of Globe is twice better than Laxmi.

Laxmi''s book closure is on 18/07/2017.
I will decide in another month, that with whom should I be with.
6740. PSR  Jun 20, 2017 3:33:52 PM IST Reply

Eris Lifesciences Limited IPO

At 03.30 PM

QIB ------------- 4.51 TIMES
NII/HNI -------- 0.24 TIMES
Retail ---------- 3.08 TIMES

Total Issue -- 3.11 Times

Figures are bad. But, better than TEJAS.
6740.5. OldFox  Jun 20, 2017 6:52:13 PM IST

Eris Lifesciences Limited IPO

Hi Maniac.
That was my favorite serial too. Presently it indicates my age. I was under a different pen name b4.
But you are very right. HNI subs doesn''t say much. May be they have different plans, considering so many lucrative IPOs coming up. To each his own.

And yes, you write well.
6740.6. Amit Patel  Jun 20, 2017 7:37:52 PM IST

Eris Lifesciences Limited IPO

Flop Show Not Good Subscription
6739. IPO Bhavnagar  Jun 20, 2017 4:26:20 PM IST Reply

Central Depository Services (India) Limited IPO

CDSL Day 2 at 4.10pm      
QIB      5.00
HNI      3.14
RII      9.56
Empl 0.70
Overall 6.71
6739.4. Kick  Jun 20, 2017 5:39:30 PM IST
6739.5. MrFin  Jun 20, 2017 7:36:20 PM IST

Central Depository Services (India) Limited IPO

@Krishna kumar sharma: for HNI category it is proportional basis if I''m not wrong.
6738. MrFin  Jun 20, 2017 7:31:06 PM IST Reply

Central Depository Services (India) Limited IPO

This would be one more bumper subscription. Hoping will get allotted. It''s a good one to keep for long term. Steady returns, no immediate threat to the business model.
6737. Prabhakaran Kuppusamy  Jun 20, 2017 12:10:47 PM IST Reply

Accord Synergy Ltd IPO

One thing I forgot to mention is that the last issue handled by Hem (Globe textiles) didn''t receive good response (got subscribed only 2.5x).
So, once Globe gets listed (assuming at discount on 23rd June), then the consistent history of Hem will change.
6737.1. Yashesh  Jun 20, 2017 3:44:07 PM IST

Accord Synergy Ltd IPO

I really hope Globe does not list at discount. Have subscribed, also from fundamental view, it does look like a strong company.
6737.2. Prabhakaran Kuppusamy  Jun 20, 2017 7:26:53 PM IST

Accord Synergy Ltd IPO

Maybe, maybe not.
Globe (first of all) is a renowned brand and it might be fundamentally attractive (FY17 numbers were consistent), but technically it lacks attraction - with ROE and ROCE below 14%. Also the cash-flow is bi-drectional (mostly in negative) and the bookvalue is getting diminished every quarter because of rights/bonus issue and loan conversion. If you note another point in the FY17 numbers, there was an adjustment of 5.81 crore below the net-profit (I don''t have clear picture about whether the adjustment is made to tally the balance-sheet or not).
Let''s wait till Friday (having said all these, I''m sure that it will not list below the issue price and it will list in green for sure - further price movement will be with the traders).

Below are few details about last last 5 year numbers (only included important ones)

Globe Textiles (India) Ltd

Key financials ( Crs.)
Year end      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
Net sales      190.42      182.51      170.78      165.97      115.33
Operating profit      10.28      7.08      7.16      6.41      3.50
Net profit      3.25      1.57      2.44      2.23      1.34
Equity cap pd      8.71      2.90      2.90      2.24      1.88

Cash flow analysis ( Crs.)
Year end      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
NOPAT      6.31      4.53      5.02      3.99      1.98
Operating cash flow      -3.05      -7.22      9.10      -7.90      -7.23
Free cash flow      5.16      -6.37      15.68      -0.59      -6.98

Key operating ratios
Year end      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
EPS(Rs)      3.73      5.42      8.41      9.99      7.17
Book value(Rs)      28.55      74.47      69.05      60.82      49.06
CEPS(Rs)      4.66      6.86      8.79      10.22      7.29
NPM(%)      1.71      0.86      1.43      1.34      1.16
OPM(%)      5.40      3.88      4.19      3.86      3.03
ROCE(%)      13.50      11.86      14.46      17.40      16.94
ROE(%)      13.99      7.54      14.51      19.56      18.10
Debt/equity      2.01      1.69      1.90      2.19      1.76
Interest cover      2.06      1.53      1.95      2.26      3.10
6736. SK BHADRA  Jun 20, 2017 2:01:25 PM IST Reply

GTPL Hathway Limited IPO

Ye IPO m application filled karni chahiye ya nhi
6736.1. JAI MATA DI  Jun 20, 2017 7:11:10 PM IST

GTPL Hathway Limited IPO

6735. Jaymin bhatt  Jun 20, 2017 6:57:30 PM IST Reply
6734. Tofik  Jun 20, 2017 6:47:14 PM IST Reply
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