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7. Priya  Sep 16, 2016 9:20:10 PM IST Reply

G N A Axles Ltd IPO

Issue Subscription Detail (21:14:03 IST)

Qualified Institutional Buyers (QIBs): 17.18 times
Non Institutional Investors (NII): 217.47 times
Retail Individual Investors (RIIs): 11.84 times
Employee: 0.31 times
Total: 54.88 times
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6. Priya  Sep 16, 2016 7:14:19 PM IST Reply

G N A Axles Ltd IPO

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 17.18 times
Non Institutional Investors (NII): 217.47 times
Retail Individual Investors (RIIs): 11.63 times
Employee: 0.31 times
Total: 54.77 times
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5. Priya  Sep 16, 2016 12:54:33 AM IST Reply

HPL Electric & Power Ltd IPO

I have seen RKS copying the content from this site and posting on different sites. He hates this forum but still can not stop himself to check it every day :)
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5.1. ARATII  Sep 16, 2016 1:46:25 PM IST

HPL Electric & Power Ltd IPO

RKS IS BANNED FROM THIS SITE

HE IS KICKED OFF BY MODULATOR
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4. Priya  Sep 14, 2016 12:32:11 AM IST Reply

ICICI Prudential Life Insurance Company Ltd IPO

HPL Electric and Power Ltd, which manufactures electrical equipment such as meters, switchgears, wires and cables, will launch its initial public offering (IPO) on 22 September, said three people aware of the development.

The company is looking to raise between Rs.350 crore and Rs.400 crore through its IPO, said the first of the people, requesting anonymity as he was not authorized to speak to the media. “The IPO will open on 22 September and close on 26 September. The anchor book will be opened on 21 (September),” he said, adding that the price band will be finalized in a couple of days.

The anchor book is the portion of the IPO that bankers allot to institutional investors on a discretionary basis. Anchor book subscription typically opens a day before the IPO opens.

SBI Capital Markets Ltd, ICICI Securities Ltd and IDFC Bank Ltd are financial advisers to the issue.

“HPL Electric & Power Ltd has filed a draft red herring prospectus with capital markets regulator Securities and Exchange Board of India (Sebi) for its initial public offering (IPO) on February 25th, 2016. The company has received the Sebi clearance in May 2016 which is valid for a year. The timing of opening the IPO will be decided by company in consultation with BRLMs (book running lead managers),” the company said in an emailed response.

HPL, led by Lalit Sheth, is looking to dilute 25% of the promoter stake, bringing it to around 75% after the IPO.

The company intends to use the proceeds for repayment and prepayment of loans, funding working capital requirements, and general corporate purposes.

According to the draft papers, for the first six months of fiscal 2016, the company reported a consolidated revenue of Rs.550.82 crore and a profit of Rs.16.34 crore. For the full fiscal year 2015, it reported a consolidated revenue of Rs.1,051.85 crore on profit of Rs.34.62 crore.

So far this year, 17 firms have raised almost Rs.11,936 crore through initial share sales, according to data from primary market tracker Prime Database. Last year, 21 firms raised Rs.13,614 crore through the IPO route, data showed.
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4.1. abbas  Sep 14, 2016 10:50:13 AM IST

ICICI Prudential Life Insurance Company Ltd IPO

Hi,

Shall we apply IPO in GNA????
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3. Priya  Sep 8, 2016 7:22:16 PM IST Reply

L&T Technology Services Ltd IPO

Apply or Avoid ….expert plz advice
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2. Eagleye  Aug 29, 2016 10:04:34 PM IST Reply

Madhya Bharat Agro Products Ltd IPO

net-worth of the company is about Rs 90 crore post issue.

total share out standing is 21906735 @ 24 give it Market cap post issue Approx 52.5 Crore post issue so it at a considerable discount

NPM was around 6% however with tax credit this has increase to 15% last year even if you consider in future 6% it will give a EPS of around 2 also look at it is clients list HZL DCM Birla corporation Rajasthan government

New Project GSSP with having licensed capacity is 180000 TPY this new additional capacity will make this full completely integrated state of art manufacturing facility.
Present capacity is 99000 so two hold increase will help it grow topline to new height which will also improve margins
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2.1. atul  Aug 29, 2016 10:46:31 PM IST

Madhya Bharat Agro Products Ltd IPO

Rain out look is not good .issue will list at discount.it is pure ofs. Promoter diluting its stake why? Big question? I hate ofs.
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2.2. jonam  Aug 30, 2016 10:54:59 AM IST

Madhya Bharat Agro Products Ltd IPO

@Eagleye
The networth is 66.68 crs as reserves includes revaluation reserves of 34 crs done in 2013-14 and the book value stands at Rs.30.27
The actual net profit for 2016 is 4.85 crs on turnover of 64.78 crs after adjusting for deferred tax credit and mat credit and this too looks inflated if we compare the profitability of the other two group companies viz. Ostwal Phoschem which did a np of 4.52 cr on turnover of 74.42 and Krishna Phoschem which did 1.38 crs on 90.12 crs.
Madhya Bharat is likely to do a turnover of 80 crs for 2017 as the present turnover includes sale of beneficted rock phosphate which they will consume nhouse due to capacity expansion in SSP and the likely profit will not be more than 7 crs. giving eps of 3.2 for 2017
As against this Shiva Global Agro listed on main platform of BSE is having a consolidated net profit of Rs 5.16 crs on equity of 9.54 crs and available at 27-28 and is in SSP fertilizer and also Seeds.
As to Shree Pushkar Chemical only 15% turnover comes fromfertilizer and rest from Dyes which is more profitable and gets better valuations in the market then fertilizer stocks. GSFC is available at a PE of 8 on main exchanges of bse and nse.
bests
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2.3. jonam  Aug 30, 2016 10:57:58 AM IST

Madhya Bharat Agro Products Ltd IPO

Some listing gains will/can be there though but long term prospects look not too bright.
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2.4. Vaibhav  Sep 1, 2016 10:47:37 PM IST

Madhya Bharat Agro Products Ltd IPO

It is good to see you after so long time. It will be better if you can say whether you are applying in this IPO or not.
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2.5. jonam  Sep 2, 2016 7:33:09 AM IST
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1. Eagleye  Aug 29, 2016 7:48:40 PM IST Reply

RBL Bank Ltd IPO

GMP Rs. 39 -40, Kostak 700
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8.1. Kamlesh belani  Aug 29, 2016 7:58:42 PM IST

RBL Bank Ltd IPO

Mam,
I have 6 allotment out of 7,
Should I hold or sell on listing
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8.2. Jsn  Aug 29, 2016 8:40:24 PM IST

RBL Bank Ltd IPO

Listing day rbl
buy or sell or hold?
Pls advise
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8.3. CA Anand   Aug 29, 2016 8:46:58 PM IST

RBL Bank Ltd IPO

How Kostak rate (Rs. 700) is relevant now ?
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8.4. Annihilator  Aug 29, 2016 9:43:02 PM IST

RBL Bank Ltd IPO

OMG its really heartening to see u mam, plz dnt leave us alone ... thanks
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8.5. IpoMoney  Aug 29, 2016 11:28:19 PM IST

RBL Bank Ltd IPO

So good to have u back eagleye!!!
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8.6. AKSHAH  Aug 30, 2016 12:57:18 AM IST

RBL Bank Ltd IPO

Is it buy on listing??
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8.7. Virat Karani  Aug 30, 2016 9:40:38 AM IST

RBL Bank Ltd IPO

Eagleye is back
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8.8. Hemal Zaveri  Aug 30, 2016 10:17:03 AM IST

RBL Bank Ltd IPO

Welcome back
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8.9. BULLS OF INDIA  Aug 30, 2016 10:27:13 AM IST

RBL Bank Ltd IPO

Welcome Back :-)
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