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Talwalkars Better value Fitness Ltd IPO

  
Apr 21, 2010 - Apr 23, 2010      

Incorporated in 2003, Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. Talwalkars first gym was setup in the year 1932.

As of today, Company operates 51 health clubs in 24 cities of 11 states across the country serving over 55,000 members. Talwalkars were the Official Fitness Partners for Standard Chartered Mumbai Marathon in 2008 and 2009 and Femina Miss India Contest in 2009.

Company Promoters:

The Promoters of Talwalkars Better value Fitness Ltd are:

1. Mr. Madhukar Vishnu Talwalkar
2. Mr. Prashant Sudhakar Talwalkar
3. Mr. Vinayak Ratnakar Gawande
4. Mr. Girish Madhukar Talwalkar
5. Mr. Harsha Ramdas Bhatkal and Mr. Anant Ratnakar Gawande.

Company Financials:

ParticularsFor the year/period ended (Rs. in million)
30-Sep-0931-Mar-0931-Mar-0831-Mar-0731-Mar-0631-Mar-05
Total Income358.82594.24384.98222.88102.5485.81
Profit After Tax (PAT)31.9056.8745.1710.944.202.59

Objects of the Issue:

The objects of the Issue are:

(1) Setting up of additional health clubs;
(2) Repay certain unsecured loans availed by company; and
(3) Meet Issue related expenses.

Issue Detail:

  »»  Issue Open: Apr 21, 2010 - Apr 23, 2010
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 6,050,000 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 77.44 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 123 - Rs. 128 Per Equity Share
  »»  Market Lot: 50 Shares
  »»  Minimum Order Quantity: 50 Shares
  »»  Listing At: BSE, NSE

Talwalkars Better Value Fitness Ltd IPO Grading / Rating

CARE has assigned an IPO Grade 3 to Talwalkars Better Value Fitness Ltd IPO. This means as per CARE company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CARE IPO Grading Document for Talwalkars Better Value Fitness Ltd

Check IPO Ratings from other stock analysts.

Bidding Status (IPO subscription detail):

Number of Times Issue is Subscribed (BSE + NSE)
As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional InvestorsRetail Individual Investors (RIIs)Total
Shares Offered / Reserved 3,025,000  907,500  2,117,500  6,050,000 
 Day 1 - Apr 21, 2010 17:00 IST 0.0000  0.0060  0.0790  0.0300 
 Day 2 - Apr 22, 2010 17:00 IST 1.5234  0.0147  0.3954  0.9000 
 Day 3 - Apr 23, 2010 17:00 IST 35.4282  51.4754  8.4331  28.3900 

Talwalkars Better value Fitness Ltd IPO Alerts

1. Monday, May 10, 2010 11:13:48 AM

2. Thursday, May 06, 2010 10:50:44 PM

3. Tuesday, May 04, 2010 5:57:16 AM

4. Friday, April 23, 2010 8:54:13 AM

5. Wednesday, April 21, 2010 11:14:59 PM

6. Sunday, April 18, 2010 10:01:08 PM

IPO Rating


143
3.2
Rating:Rated 3.2 stars

Vote Here ...

IPO Listing Detail

Listing Date:Monday, May 10, 2010
BSE Scrip Code:533200
NSE Symbol:TALWALKARS
Listing In:B Group
Sector:Healthcare
ISIN:INE502K01016
Issue Price:Rs. 128.00 Per Equity Share
Face Value:Rs. 10.00 Per Equity Share

Listing Day Trading Information

BSE
Issue Price:Rs. 128.00
Open:Rs. 138.00
Low:Rs. 132.00
High:Rs. 167.70
Last Trade:Rs. 162.60
Volume:18,483,490
NSE
Rs. 128.00
Rs. 147.95
Rs. 132.00
Rs. 168.90
Rs. 163.15
26,029,779

Talwalkars Better value Fitness Ltd IPO Links

Company Contact Information

Registered Office :
    801-813, Mahalaxmi Chambers,
    22, Bhulabhai Desai Road,
    Mumbai - 400 026, Maharashtra, India.
Phone: +91 - 22 - 6612 6300
Fax: +91 - 22 - 6612 6363
Email: ipo@talwalkars.net
Website: http://ww.talwalkars.net

Registrar of the Issue

Link Intime India Private Ltd
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: tbvfl.ipo@linkintime.co.in
Website: http://www.intimespectrum.com

Book Running Lead Manager(s)

Talwalkars Better value Fitness Ltd IPO Message Board

Please Note: All views and opinions expressed in reader comments are solely those of the individual submitting the comment, and not those of the Chittorgarh.com or its staff.
245. Ravi, Bangalore     May 27, 2010 8:05:56 PM IST  Report Spam!  
Talwalkars 168- Target 203, 239, 274+, stop-loss 158.

BUY in 176-168 zone.

244. Rama     May 17, 2010 9:18:01 AM IST  Report Spam!  
Sell talwalkars. It will go to its REAL valuse soon.

243. Ravi, Bangalore     May 12, 2010 2:22:47 PM IST  Report Spam!  
231. buzzz

Who has applied to IPO? People say they have applied only after seeing robust listing.

I have not applied looking at fundamentals. However, bought @ 166 & sold at 198 (in line with my expectation). I will have re-look only on Monday.

Even if it goes up, I don't worry. I have got down from the train because I got my station.

242. Gangu     May 12, 2010 12:16:27 PM IST  Report Spam!  
What a clean distribution.....

241. GEM IPO FINDER     May 12, 2010 10:31:55 AM IST  Report Spam!  
CONTINUE TO HOLD TALWAR IN UR HAND, YOU WILL MAKE BIG KILLINGS IN THIS.

THESE ARE MINER SHAKE-UP, FOR PEELED MANGOES TO FALL, STRONGER HANDS WILL MAKE MORE KILLINGS HERE.

IF U ARE NOT OPTIMISTIC THEN EXIT AROUND 188 AND FORGET WHEREEVER IT GOES, ONE CANT' TAKE ALL GAINS OF A STOCK.

DISC : I M HOLDING 150 SH @ IPO

240. KMFS     May 12, 2010 10:27:37 AM IST  Report Spam!  
Yesterday close at 192
Now 184

Frog can't become Bull.

bye

239. me     May 12, 2010 8:53:27 AM IST  Report Spam!  
buy !! target 1000 guranteed in one year..inside news

238. unknown     May 12, 2010 8:49:06 AM IST  Report Spam!  
reliance capital has purchased 25%shares of it @ of 153 it is confirmed news

237. vipul     May 11, 2010 8:49:51 PM IST  Report Spam!  
yes stansard chart is IDR issue...kind of ipo for indians and can be applied by retailers....price xpected 100-120 n date 25 may.....

236. Guest     May 11, 2010 5:43:27 PM IST  Report Spam!  
StanChart to launch India share sale May 25??...Is it going to be an IPO??..are Retail ppl allowed to subscribe??...experts,kindly reply

235. manoj     May 11, 2010 5:23:28 PM IST  Report Spam!  
my 1st traget achived not on 1st day but second day next is 200 in week and 300 in month those who are not in mumbai dos't know what is talwalkar goodwill i got 92*3 still holding buy today 108 share @ 173/= dont sale now

234. invester's friend     May 11, 2010 3:52:44 PM IST  Report Spam!  
friends.
abhi bhi jiske pass talwarkar k shares hai wo zara ALERT rahe k achha munafa le k [jo ki mil bhi raha hai] nikal jaye,
Q k ye fundamentely bhi accha nahi hai,
ye koi oprater hi chala raha hai,
is ki wajah se to aaj market down hone k bawjood bhi 20% ka uper circuit laga,
friends jo haal syncom healthcare,texmo pipes ka huwa
thode dino me iska bhi wohi haal hone wala hai.
IS LIYE JO BHI MUNAFA MILE WO LE K NIKALO
WARNA PACHTAOGE..............................

233. gem ipo finder     May 11, 2010 3:40:46 PM IST  Report Spam!  
its definatly jubliant in making. 20% circuit today in las minutes.


mr. buzz

what is high valn??????????, many people here always talk about high valn/low valn, who the hell we are to decide valn, there is nothing called high/low/fair valn.

no one can decide the valn of any stock.let me know the stock which trades at fair valn????, means that stock will not fall and go up from there????
if jubliant was highly vald at 165/175/205, then what is this 350!!!! if overvald then why it spent so much time here.

i personally dont believe high valn theory although, i believe low valn a bit. but generally i dont talk about the last target of an stock, there is nothing called high valn

232. Ravi, Bangalore     May 11, 2010 3:24:48 PM IST  Report Spam!  
229. ipo ipo

I look both technical & fundamental.

I mentioned to buy @ Rs.24 but I asked to ignore that message. Inadvertently, I had given such call & asked to ignore. You better check-up that message again properly. Who is fooling?

When you play technical game, keep stop-loss. You mentioned technicals work for high liquid stocks. Look my yesterday's message. How did it work for operator stock? How it worked for Thinksoft / Goenka?

Your technical analyst may have different system. I have some other system. My goal is to make money. When I play technical game, I keep stop-loss. I don't want to look anything else as I keep stop-loss.

I have given stop-loss. As long as it trades above stop-loss, keep holding & book profits partially when it hits each target.

It seems you don't know basics of trading. Whether fundamentals is there or not you buy with stop-loss. Of course, I have 60% - 70% hit rate. My calls may fail in 30% - 40% case. But when you loose you lose Rs.3 & when you gain, you gain Rs.10.

At the end of the day, profit is important. Not that which stocks you played, whether you bought on fundamentals or technicals.

I have guts to give my recommendation before-hand. Not like few people who boasts of that they bought at x price & sold at y price after market hours. If you know technicals, then you also give before market.

Hereafterwards, you give your calls before-hand or just stop passing comments.

231. buzzz     May 11, 2010 2:14:23 PM IST  Report Spam!  
Another trap in the making -

Many people are singing ga ga about this share and its upmovement... But what really worries me is the very high valuation.

Congrats to everyone who is sitting on profit in this counter. The IPO gave about Rs.12000 share to everyone and people made Rs.5000-6000 in this IPO. Based upon valuations, the bravehearts can continue to hold. Wiser people, plz book your profits, atleast partial...

230. gem ipo finder     May 11, 2010 1:32:45 PM IST  Report Spam!  
talwalkers @ 180+ !!!!!!!!!

its walking very swiftly, looks like another jubliant in making, keep on holding, or sale if u dont want any risk

229. ipo ipo     May 11, 2010 1:29:54 PM IST  Report Spam!  
R u fundamental guy or technical guy. U mentioned to buy stock at Rs.24 based on fundamental, guessing stock will open at 85rs. and within 24hrs u mentioned to buy stock at 158 to reach +202 based on technical. Have some sense man. Don’t fool ppl in public forum.
How many yrs r u following mkts. Don’t teach me that mkt does not move on fundamental. If there is no fundamental, stock can not remain where they r. sooner or later fundamental do play a part.
Thinksoft: U r such a..le. U want to know why thinksoft moved in particular fashion. Nobody body was buying thinksoft during IPO as it was overpriced. Selling shareholder had no choice but sale it to operator at heavy discount. Operator than played satta game so that he can offload his stocks to general public.
Technical analysis do have a place but can only be applied in large stock such as tata motors where there is wide spread buying and selling and stock moves on fundamental ,sentiment, and then technical. For ex. Tata motors at 180, fundamental were not good. JLR sales were dropped to 40%. They were loosing money. When economy improved they were starting to do well. Sales picked up. Analyst became positive about their future and stock started recovering based on fundamentals.

228. Ravi, Bangalore     May 11, 2010 12:53:02 PM IST  Report Spam!  
121 IPO IPO

My Post # 184 is a guess work which I mentioned clearly. My comment is based on fundamentals.

My Post # 220 is based on technical analysis. Technical analysis do not give much important to fundamentals.

At the outset, you don't know much about market. Market does not move on fundamentals alone, technicals also have its place. Otherwise you how can you explain Thinksoft moving so much & falling wildly in such a short time of about three months. Does fundamentals changed so quickly?

Tata Motors could be good sell at 180 but becomes good buy at 400 as sales figures look good & fundamentals start improving. Market works like that. It seems you don't know market well.

227. Ravi, Bangalore     May 11, 2010 11:55:11 AM IST  Report Spam!  
221. ipo ipo

If you have half-day history, you can predict for next half-day. Similarly if you have history for one week or one month, you can predict for medium-termMy technical analysis worked well.

Don't think you know everything about technical analysis. There are several ways of analysis & my method is different from others.

You just skip my Post & don't follow. That's it. Or even you can do reverse of my opinion if you don't believe.

226. Lina     May 11, 2010 10:37:52 AM IST  Report Spam!  
ADAG is deviating from core business...all their investments are bad decisions....that is why rel capital is down to 700 fromm 1000...buying Talawalkar shares is one more mistake...

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