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BSE Limited IPO Message Board (Page 7)

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1470. aarav |   Link |  Bookmark | February 7, 2017 10:31:58 AM
If bse closes red today. I will sell all my 3 lots.
But it will be green then , I will wait and Hold still results..
1470.1. T.agarwal |   Link |  Bookmark | February 7, 2017 10:56:11 AM (800+ Posts, 1800+ Likes)
I follow you 👍
1469. WATCH DOG ON IPO |   Link |  Bookmark | February 7, 2017 10:10:21 AM
friends
cdsl facility is chargable or not please comment
i have receive mail in respect of dp rejected
1468. Karan |   Link |  Bookmark | February 7, 2017 10:04:18 AM (200+ Posts)
ET Intelligence Group: The initial public offer (IPO) of Avenue Supermarts, the owner of DMart, which is likely to be floated in the next few weeks, is expected to command a valuation of `18,000 crore, much higher than the earlier expectation of `7,000 crore.

According to ET sources, including investment bankers and analysts, the company received a tremendous response at its roadshows, being India''s most profitable retailer -online and offline. The strong goodwill of its promoter Radhakishan Damani in the investor community has also helped.

According to sources, domestic fund houses are queuing up to meet the company management, which has already conducted roadshows overseas. “I am hearing that the management is very a leading insurance company . A t ` 1 8 , 0 0 0 c r o r e, Ave n u e Supermarts will be valued at 40 times its expected FY18 earnings. “This is not at all expensive for a company which is likely to double turnover every three-four years and generates high return on investment. This will be one of the top IPOs to hit the market in the last five years,“ said a fund manager, who requested anonymity .

In the past four years, Avenue Supermarts grew revenue by 40% and net profit by 52% annually . In FY16, its return on equity and return on capital were 24% each. Its long term debt-equity ratio was 0.7 at the end of March 2016.

EFFECT ON OTHER RETAILERS:

DMart''s upbeat valuation is likely to buoy stocks of other retailers such as Future Retail and CESC, which owns Spencer''s Retail. Future Retail is expected to report `18,000 crore in revenue and `320 crore in net profit for FY17. Its market cap is nearly half of the projected revenue and 27 times expected earnings. In comparison, DMart''s valuation is expected to be 1.5 times revenue and 40 times earnings for FY17.

The Future Retail stock has gained 26% over the past month, which includes 7.2% gain posted on Monday .Sanjiv Goenka-owned Spencer''s, too, has shown higher investor interest.CESC, the holding company of Spencer''s, has gained 21% in one month, partially also due to news reports of a possible demerger of its retail and power businesses.

Spencer''s is likely to report 12% year-on-year growth in revenue at `2,100 crore for FY17. It had reported an operating loss of `96 crore in the previous fiscal. Analysts expect a turnaround by FY18. CESC earned `2,000 crore EBIT from the power business in FY16.
1467. Septa |   Link |  Bookmark | February 7, 2017 9:33:14 AM (4000+ Posts, 4600+ Likes)
Some quarterly result
Dilip Buildcon
08-Feb-17
Endurance Techn
08-Feb-17
Healthcare Glob
08-Feb-17
KCP Sugar
09-Feb-17
Laurus Labs
09-Feb-17
Alkem Lab
10-Feb-17
Bank of Baroda
10-Feb-17
SBI
10-Feb-17
Shree Pushkar
10-Feb-17
Tiger Logistics
10-Feb-17
Balrampur Chini
11-Feb-17
Bharat Wire Rop
11-Feb-17
Idea Cellular
11-Feb-17
Mahanagar Gas
11-Feb-17
Precision Camsh
13-Feb-17
Prabhat Dairy
13-Feb-17
Advanced Enzyme
14-Feb-17
S H Kelkar
14-Feb-17
Pricol
14-Feb-17
Tata Motors
14-Feb-17
1467.1. Omkar Patkar |   Link |  Bookmark | February 7, 2017 10:09:47 AM
One of the most valuable and important post !!! ... OSUM septa !!!
1467.2. AY |   Link |  Bookmark | February 7, 2017 10:29:39 AM
Check below link for Quarterly Results:

http://www.bseindia.com/corporates/Forth_Results.aspx?expandable=0
1466. nona |   Link |  Bookmark | February 7, 2017 9:29:43 AM
Eagle Eye mam

Thanks for all valuable information u share with us
But please also find the way so that all member get atleast one allotment
Meri aur Unki taraf se jinhe Ek bhi BSE allotment nahi mila

thankl u
1466.1. Septa |   Link |  Bookmark | February 7, 2017 9:38:26 AM (4000+ Posts, 4600+ Likes)
LOL.....
A wise man can learn more from a foolish question than a fool can learn from a wise answer.
1466.2. DarkHorse |   Link |  Bookmark | February 7, 2017 10:13:14 AM
LOL :D
1465. parmod gupta |   Link |  Bookmark | February 7, 2017 9:29:36 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Genesis Colors gets Sebi nod for Rs 650 cr IPO

Read more at: http://www.moneycontrol.com/news/ipo-issues-open/genesis-colors-gets-sebi-nod-for-rs-650-cr-ipo_8439101.html?utm_source=ref_article
1464. aarav |   Link |  Bookmark | February 7, 2017 9:28:20 AM
I got 3 lots of bse in IPO. I still have all 3 lots. What should I do??
Hold or Sell
1464.1. Indian Army |   Link |  Bookmark | February 7, 2017 9:34:55 AM
Keep 1010 stoploss to save your profit. Don''t fall in love with stock. They are for making money. You will get it 850 within 6 months. Remember MCX list at 1400 & come down to 250.
1464.2. aarav |   Link |  Bookmark | February 7, 2017 9:52:21 AM
And what about results
@ Indian Army..
1463. Eagleye |   Link |  Bookmark | February 7, 2017 9:14:02 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Avenue SuperMart IPO

GMP 132-135
Kostak 1500
1463.1. Super Trader |   Link |  Bookmark | February 7, 2017 9:23:17 AM (200+ Posts, 100+ Likes)
Just curious.
do you apply under HNI or RII ?
if RII how many demats under your control ?
or do you trade on GMP ?
1463.2. FanofSeptaEagleye |   Link |  Bookmark | February 7, 2017 9:25:58 AM
If book managers reading your messages, issue price may go upto 420.
1462. Super Trader |   Link |  Bookmark | February 7, 2017 8:45:14 AM (200+ Posts, 100+ Likes)
It may go down further. but one thing is for sure. when the NSE IPO price band announced, definitely , it will be 1200.
Great trading opportunity i feel. what is experts view ?
1462.2. Fantasy |   Link |  Bookmark | February 7, 2017 9:00:40 AM
I am waiting for 900
1462.3. VIJAY CHAWLA |   Link |  Bookmark | February 7, 2017 9:01:15 AM
Will anybody tell me the procedure adopted for allotment in recent BSE IPO ; How allotment was done in Retail portion
1461. manan modi |   Link |  Bookmark | February 7, 2017 8:35:01 AM
Avenue SuperMarts form 1300
1460. fanswait |   Link |  Bookmark | February 7, 2017 8:34:06 AM
Hi All,

I applied for max lot i.e. 234 for BSE IPO, but didn''t got any. seems unusal to me. Did it happen to anyone else too..what is the basis of allotment
1460.1. VIJAY CHAWLA |   Link |  Bookmark | February 7, 2017 9:03:02 AM
Yes, I have not received any allotment in two applications of 234 shares in retail portions
1460.2. CLD |   Link |  Bookmark | February 7, 2017 9:56:31 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Nothing unusual. Read FAQs by clicking on my name
1459. Make Money |   Link |  Bookmark | February 7, 2017 8:02:32 AM
Yes, confirm news 14 ko results
And dividend NSE par news hai...
1459.1. NPT |   Link |  Bookmark | February 7, 2017 8:15:35 AM (200+ Posts, 300+ Likes)
I don''t think that there will be a spectacular result on 14th of bse because of demonitazition fact of last quarter which may have negative impact on the result of it.
1458. Septa |   Link |  Bookmark | February 7, 2017 8:00:01 AM (4000+ Posts, 4600+ Likes)
THIS again a great IPO first day itself you can put your application do not worry if the IPO price is Rs299 50% listing profit is possible from this IPO
1457. Septa |   Link |  Bookmark | February 7, 2017 7:56:28 AM (4000+ Posts, 4600+ Likes)
My source says 2017 NP will be around 450 Crs also next year company will see 600 cr profit given 100 cr saving in interest cost and growth
1456. Septa |   Link |  Bookmark | February 7, 2017 7:46:59 AM (4000+ Posts, 4600+ Likes)
I have done my fair value calculation on Eagleye yogadaan i get a Fair value of Rs 402 at 25% MOS. So at Rs402 we Get PE of 62 still less then Trent Ltd

so listing will be around Rs 450 if you consider Dmart market leader

Assumption:

1. Net Profit:
I have assumed the NP for 2017 at 400 Cr i got this figure after considering profit for 2016 is 318 Cr and the company NP has grown at 50% CAGR i have consider only 22% less then half of 50% CAGR

2. Outstanding shares

I have taken eagleye''s numbers she as assumed that the total IPO will be new issue which put outstanding share at 623936311 shares. So this will be the max if the management decided not go for full then the fair value will be BETTER

3. Growth Rate:

Growth rate again i considering 22% when CAGR is 50%

4. EPS and PE

Based on this assumption i am get a EPS of 6.41 on diluted bases and if IPO price is 299 then PE would be of 47

5. Peer Analysis

Future Retail:
CMP 191.80
EPS Annualised 6.06
PE 32

Trent Limited:
CMP 245.50
EPS Annualised 3.7
PE 68

Initial Cash Flow:      $4,00,00,00,000                   
                        
Years:      1-5      6-10            
Growth Rate:      10%      8%            
                        
Terminal Growth Rate:      5%            Discount Rate:      10%
                        
Shares Outstanding:      62,39,36,311             Margin of Safety:      15%
Debt Level:                        
                        
Year      Flows      Growth      Value      
1      5,00,00,00,000       25%      $4,54,54,54,545       
2      6,20,00,00,000       24%      $5,12,39,66,942       
3      7,62,60,00,000       23%      $5,72,95,26,672       
4      9,30,37,20,000       22%      $6,35,45,65,945       
5      11,25,75,01,200       21%      $6,99,00,22,539       
6      13,50,90,01,440       20%      $7,62,54,79,134       
7      16,21,08,01,728       20%      $8,31,87,04,510       
8      19,29,08,54,056       19%      $8,99,93,25,788       
9      22,95,61,16,327       19%      $9,73,56,34,261       
10      27,31,77,78,429       19%      $10,53,21,86,155       
                        
                        
Terminal Year      $28,68,36,67,351                   
                        
PV of Year 1-10 Cash Flows:                  $73,95,48,66,492       
                        
Terminal Value:                  $2,21,17,59,09,265       
                        
Total PV of Cash Flows:                  $2,95,13,07,75,757       
                        
Number of Shares:                  62,39,36,311       
                        
Intrinsic Value (IV):                  $473.01       
                        
Margin of Safety IV:                  $402.06       
                        
What Percentage of IV comes from                   75%      
the Terminal Value:                        


1456.1. Khemka |   Link |  Bookmark | February 7, 2017 8:12:24 AM (1000+ Posts, 400+ Likes)
Kidding~if merchant bankers keeping close eyes here then they might thinks of increasing IPO price from 240 to 400 types.☺
1455. Kritesh shah |   Link |  Bookmark | February 7, 2017 7:31:00 AM
BSE Q3 results on 14th Feb !! Hang on don''t sell
Maybe dividend on the way
1454. Rajkot Special |   Link |  Bookmark | February 6, 2017 10:28:22 PM
BSE LIMITED

RESULT & DIVIDEND

14-2-2017

CONFIRM NEWS

AS PER NSE SITE
1454.1. rjpatel |   Link |  Bookmark | February 6, 2017 11:07:46 PM
kindly share the link
1453. ammubutter |   Link |  Bookmark | February 6, 2017 10:08:08 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Modulator......GMP for av. Su. Ma.. started......but new column not started yet
1452. Eagleye |   Link |  Bookmark | February 6, 2017 10:04:37 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Avenue SuperMarts: Issue Price 299.00

EPS for FY15-16 Rs.5.72



Future Retail: CMP 191.80

EPS for FY15-16 Rs.0.66

EPS for Q1 – 16-17 Rs.1.50
EPS for Q2 – 16-17 Rs.1.56
EPS for H1 – 16-17 Rs.3.06



Trent Limited: CMP 245.50

EPS for FY15-16 Rs.1.89

EPS for Q1 – 16-17 Rs.0.70
EPS for Q2 – 16-17 Rs.0.63
EPS for H1 – 16-17 Rs.1.34
EPS for Q3 – 16-17 Rs.1.12


Analysts ... go do your maths ... work your magic ... come up with fair value of Avenue SuperMarts
1452.1. raj aggarwal |   Link |  Bookmark | February 6, 2017 10:49:10 PM
Eagle eye madam,
As per your previous post retail portion might subscribe 2.75 times and issue price is Rs 299 and GMP 130 than kostak price should be around 2300

299*50 =14950
50*130= 6500
6500÷ 2.75= 2363
1451. Eagleye |   Link |  Bookmark | February 6, 2017 9:27:03 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Avenue SuperMart IPO

GMP 130-134
1451.3. raj aggarwal |   Link |  Bookmark | February 6, 2017 9:56:28 PM
IPO date, rate, registrar, kostak rate, and view of eagleeye and septa sir
Plz reply
1451.4. Bhavin Thakkar |   Link |  Bookmark | February 6, 2017 10:40:12 PM
Kostak rate mam