I agree with most of u. Issue is very steeply priced and no point in investing in a company that is operating at such low margins. But I strongly feel the issue will be oversubscribed just like Penner and Pushkar...
Lot Of first timer commenting positive abt this issue which gives a big red flag that the forum s infested with dull-witted contributor plus reason for this IPOs as the best thing ever red flag avoid avoid
Those who invested 140 cr from inception are diluting their stakes then y we invest.read my comment on power mech when it was not listed and exactly that happened. Big avoid.if you want to buy then buy after discounted listing.
Septa is confusing investors. Current PAT margin of prabhat is 2% at 50% capacity utilisation. Prabhat has highest EBITDA margins as compared with other dairy companies. Prabhat has unique business model which provides highest EBITDA.
Post IPO there will be reduction in long term debt of Rs.185 Cr. which will increase PAT margins greatly. In addition to this Prabhat is also eligible for Mega Project Benefits from Govt of Maharashtra amounting to 125 Cr.
RABO bank and Proparco has invested 140 Cr in Prabhat and they are diluting partly and not fully this shows investors trust in company.
KPMG is auditor of company which applies international standards in auditing.
A very professional management and good promoters. Dairy is only business they know and they are doing great. Strong Recommend - Buy and invest
I am avoiding this issue reason it very weak both on fundamental and corporate issues. Very low margin 2% this is way to low. Owner ship of assets is via shell companies which IMO is big aviod becaas a investors we do not know the real picture Btw 2% margin why would I put my money PE of 50 plus AVOID. This issue is worse then pennar on earning front
... GST implementation is looking more favourable now ... even ''''infrastructure'''' IPO like PowerMech stabilized after the PANIC, current theme like ''''logistics'''' should see more play ... market is stabilizing, so listing will be less UNCERTAIN now ... those who didn''''t apply during the PANIC may start chipping in, especially stronger hands