Cochin Shipyard Ltd IPO Message Board (Page 96)

Cochin Shipyard IPO Dates & Price Band:
IPO Open: 19-07-17(approx)
IPO Close: 21-07-17(approx)
IPO Size: Approx Rs. 1400-1500 Crore (Approx)
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 152-155 to Per Share
Listing on: BSE & NSE
Cochin Shipyard IPO Market Lot: 95
Shares: Apply for Shares (Minimum Lot Size)
Amount: Rs. 14725🌈🌈

Price band app 300 (14 . share view )

SBI Life IPO
IPO Open: 24-07-17(approx)
IPO Size: Approx Rs. 7500-8500

Cochin Shipyard IPO Dates & Price Band:
IPO Open: 19-07-17(approx)
IPO Close: 21-07-17(approx)
IPO Size: Approx Rs. 1400-1500 Crore (Approx)
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 152-155 to Per Share
Listing on: BSE & NSE
Cochin Shipyard IPO Market Lot: 95
Shares: Apply for Shares (Minimum Lot Size)
Amount: Rs. 14725

Fake

Chochin shipyard ki IPO open date kya h

is it fruitful???

The issue''s dates have not been finalized yet. The CEO & MD of the company has issued the statement that it is best time to go for IPO & he is interested to go for IPO after first quarter results. So IMO, it may come in last week of July or in the beginning of August.

They are waiting means there will be high price IPO .
Lets see what price band they will provide to RII

Shipping companies are not so much appealing.
Look at ABG Shipyard & Bharati Shipyard (renamed as Bharati Defence .... ).
Both the companies have zoomed upto 4 digits in early years, now down to face .

Any way let''s read the comments of seniors playing with numbers.

Shipping companies need huge capital to run their business.

Must apply IPO.
Apply with full force regardless GMP.
Listing Gain confirm.

Issue Size : 34 Million Shares
Fresh Issue : 225 Lakh Shares
OFS : 115 Lakh Shares

Expected Issue Price : Around 300 with 5 % discount to employees & retailors.

Just check above the revenue & PAT figures once again . Fabulous

CAGR : 15 %
DPR : 15 %
Debt - free company.
More than sufficient cash reserve.

Apart from ship building work , company is also engaged in defense sector working for Indian Navy , provides training to merchantile navy studants. CS has big tie-ups with MNCs.Portugal is one of its big customer.

So keep your funds ready by this month end... & all the best...

growth is most important factor very flat plus it is PSU..... it all depend on issue price

however if it comes at Rs300 then it great price but rumours says the price is Rs400 which leaves nothing on the table.

I hope u r right with issue price of Rs300 share view

Variance (Half Yearly)
Year      201609      201509      Var(%)      201703      201603      Var(%)      201703      201603      Var(%)
Type      1st Half      1stHalf      ************************ 2nd Half      2nd Half      ***********Full Year      Full Year
Sales Turnover      953.71      716.14      33.17      1,106.68      1,277.31      -13.36      2,061.66      1,993.45      3.42
Other Income      73.75      57.51      28.24      86.33      56.41      53.04      165.62      113.92      45.38
Total Income      1,027.46      773.65      32.81      1,193.01      1,333.72      -10.55      2,227.28      2,107.37      5.69
Total Expenditure      719.33      538.60      33.56      966.59      1,099.92      -12.12      1,684.57      1,638.51      2.81
Operating Profit      308.13      235.05      31.09      226.42      233.80      -3.16      542.71      468.86      15.75
Interest      5.27      5.34      -1.31      5.26      6.67      -21.14      10.54      12.01      -12.24
Gross Profit      302.86      229.71      31.84      221.16      227.13      -2.63      532.17      456.85      16.49
Depreciation      18.84      18.67      0.91      19.68      18.52      6.26      38.52      37.19      3.58
Tax      98.65      73.50      34.22      64.53      87.33      -26.11      164.57      160.83      2.33
Reported PAT      184.52      139.41      32.36      132.43      134.38      -1.45      322.69      273.79      17.86
Dividend (%)      0.00      0.00      N.A.      0.00      0.00      N.A.      0.00      76.50      N.A.

Prabhakaran Kuppusamy why r putting குப்பை (garbage) does not help anyone

Key operating ratios

Year end      Mar 16      Mar 15      Mar 14      Mar 13      Mar 12
EPS(Rs)      23.67      5.98      24.78      23.31      13.43
Book value(Rs)      151.88      135.83      131.54      108.04      86.36
CEPS(Rs)      26.96      9.31      27.01      24.97      15.41
NPM(%)      14.35      4.49      15.75      15.84      10.95
OPM(%)      24.72      10.63      26.64      26.11      18.77
ROCE(%)      25.66      7.41      29.34      36.75      24.11
ROE(%)      17.54      4.70      20.90      24.24      16.64
Debt/equity      0.08      0.15      0.12      -      -
Interest cover      36.54      6.92      22.98      18.21      18.58

Cash flow analysis(Rs.in Crs.)
Year end      Mar 16      Mar 15      Mar 14      Mar 13      Mar 12
NOPAT      293.87      83.27      296.47      282.40      164.17
Operating cash flow      39.34      663.42      -584.18      48.31      310.42
Free cash flow      94.57      718.07      -413.06      140.69      345.02

Key financials (Rs.in Crs.)
Year end      Mar 16      Mar 15      Mar 14      Mar 13      Mar 12
Net sales      1992.45      1586.16      1800.28      1685.27      1418.24
Operating profit      492.49      168.54      479.60      440.09      266.15
Net profit      285.83      71.23      283.57      266.90      155.33
Equity cap pd      113.28      113.28      113.28      113.28      113.28

P & L Account(Rs.in Crs.)

Year      Mar 16      Mar 15      Mar 14      Mar 13      Mar 12
Sales Turnover      1,992.45      1,586.16      1,800.28      1,685.27      1,418.24
Other Income      106.83      77.07      61.06      86.92      67.24
Stock Adjustments      16.44      19.23      -40.22      53.05      -17.00
Total Income      2,115.72      1,682.46      1,821.12      1,825.24      1,468.48
Raw Materials      1,054.32      1,000.81      775.75      879.32      669.62
Excise Duty      0.00      0.00      0.00      3.74      11.78
Power & Fuel Cost      27.82      24.61      25.63      22.63      18.01
Other Manufacturing Expenses      244.42      200.56      215.25      235.81      247.59
Employee Cost      210.84      215.75      209.19      188.81      174.99
Selling and Administration Expenses      49.76      47.87      44.81      33.65      46.36
Miscellaneous Expenses      36.08      24.32      70.90      21.20      33.98
Less: Preoperative Expenditure Capitalised      0.00      0.00      0.00      0.00      0.00
Profit before Interest, Depreciation & Tax      492.49      168.54      479.60      440.09      266.15
Interest & Financial Charges      12.46      18.92      19.77      23.13      13.12
Profit before Depreciation & Tax      480.03      149.62      459.83      416.96      253.03
Depreciation      37.19      37.70      25.32      18.80      22.43
Profit Before Tax      442.84      111.92      434.51      398.16      230.61
Tax      157.01      40.69      150.94      131.26      75.28
Profit After Tax      285.83      71.23      283.57      266.90      155.33
Adjustment below Net Profit      0.00      0.00      0.00      0.00      0.00
P & L Balance brought forward      1,236.62      1,200.48      947.33      748.71      673.55
Appropriations      107.18      35.09      30.42      68.29      80.17
P & L Bal. carried down      1,415.27      1,236.62      1,200.48      947.33      748.71
Equity Dividend      86.66      16.99      16.99      16.99      19.73
Preference Dividend      0.00      0.00      0.00      0.00      0.00
Corporate Dividend Tax      17.64      3.46      2.89      2.89      3.20
Equity Dividend (%)      76.50      15.00      15.00      15.00      17.42
Earning Per Share (Rs.)      23.67      5.98      24.78      23.31      13.43
Book Value      151.88      135.83      131.54      108.04      86.36
Extraordinary Items      -0.03      -0.05      -0.04      -0.16      -0.03

Balance Sheet(Rs.in Crs.)

Year      Mar 16      Mar 15      Mar 14      Mar 13      Mar 12
Share Capital      113.28      113.28      113.28      113.28      152.42
Reserves & Surplus      1,607.23      1,425.35      1,376.80      1,110.65      865.00
Total Shareholders Funds      1,720.51      1,538.63      1,490.08      1,223.93      1,017.42
Secured Loans      123.00      123.00      238.32      0.00      0.00
Unsecured Loans      21.58      21.93      119.15      24.87      26.72
Total Debt      144.58      144.93      357.47      24.87      26.72
Total Liabilities      1,865.09      1,683.56      1,847.55      1,248.80      1,044.14
Gross Block      643.31      617.17      589.29      441.48      373.94
Less: Accum. Depreciation      273.09      247.07      219.20      200.99      188.33
Net Block      370.22      370.10      370.09      240.49      185.61
Capital Work in Progress      23.44      12.78      7.57      138.01      63.62
Investments      0.09      0.19      0.19      0.19      0.19
Inventories      231.64      303.38      395.92      355.26      362.07
Sundry Debtors      463.77      589.76      1,207.14      685.81      783.34
Cash and Bank Balance      1,820.41      1,419.45      556.43      703.97      908.90
Loans and Advances      634.89      363.08      492.03      308.86      327.63
Current Liabilities      1,188.65      1,027.02      815.97      854.16      1,351.30
Provisions      490.72      348.16      365.86      329.61      235.92
Net Current Assets      1,471.34      1,300.49      1,469.69      870.13      794.72
Miscellaneous Expenses not w/o      0.00      0.00      0.00      0.00      0.00
Total Assets      1,865.09      1,683.56      1,847.54      1,248.82      1,044.14
Contingent Liabilities      445.93      591.73      377.59      534.19      593.30

Capital History
Year      Equity Capital       Remarks
200903      113.28        Sub Division of the Face Value
200208      113.28        Allotment To Promoters
200106      111.28        Allotment To Promoters
200103      107.995        Allotment To Promoters
200009      106.845        Allotment To Promoters
200003      105.68        Allotment To Promoters
200003      106.28        Allotment To Promoters
199912      105.09        Allotment To Promoters
199909      103.78        Allotment To Promoters
199805      98.53        Allotment To Promoters
199711      96.265        Allotment To Promoters
199706      93.79        Allotment To Promoters
199612      92.105        Allotment To Promoters
199607      89.29        Allotment To Promoters
199604      85.29        Allotment To Promoters
199604      86.79        Allotment To Promoters
199403      82.04        Allotment To Promoters
199304      79.79        Allotment To Promoters
199206      77.29        Allotment To Promoters
199003      74.36        Allotment To Promoters
198912      73.21        Allotment To Promoters
198906      71.21        Allotment To Promoters
198902      70.33        Allotment To Promoters
198806      68.33        Allotment To Promoters
198803      66.46        Allotment To Promoters
198711      64.46        Allotment To Promoters
198706      63.96        Allotment To Promoters
198702      63.46        Allotment To Promoters
198603      63.21        Allotment To Promoters
198503      62.96        Allotment To Promoters
198408      62.725        Allotment To Promoters
198203      62.025        Allotment To Promoters
198108      54.605        Allotment To Promoters
198002      54.105        Allotment To Promoters
197712      52.605        Allotment To Promoters
197406      22.4957        Allotment To Promoters
197406      22.5009        Allotment To Promoters
197403      14.4957        Allotment To Promoters
197403      21.4957        Allotment To Promoters
197303      9.001        Initial Subscription
197303      9.0011        Initial Subscription
197303      9.0012        Initial Subscription
197303      9.0013        Initial Subscription
197303      9.0014        Initial Subscription

Link in time means bad time :( :(

+1.
They are worst registrars I have witnessed so far.

Apply ya avoid

No you is rong.

link intime is nice time...

Cochin Shipyard Limited IPO ( posting now Just for analysis of this issue opportunities and various opinions critics or comments )

Purpose of issue - Build 3rd dry dock & ICRF (International ship repair facility ) > Require bare price of min 276840.1 Lakhs

Details Based on DRHP. (subject to change during the final prospects)

Issue - Expected on next Month , August or Sept 2017

Issue of 33984000 (25%) number of equities through fresh issue (22656000) & Offer for sale ( 11328000) with employee reservation of 824000 equities.

offering 50% to QIB, 15% to NIB & 35% to Retail Category

Issue snap shot
BRLM-SBI, Edleweis, JM Financial
Registrar - Link intime

Financial snapshot
Face Value - 10 RS
Company Net worth - 19046790 Lakhs
Book Value - 168.14
Revenue growth - 9.25% (2012-16)
PAT growth - 16.47 % (2012-16)
dividend - 76.5% (FY16)
EPS - 16.29
RoNW - 16.9%
Peers - Reliance defense&Engg , ABG Shipping, Barati defense & Infrastructure ( don''t compare with Peers - You wont reach any where - as all these are in pathetic condition )

Negatives - Industry is screwed up ... Global shipbuilding industry down by 7%(Global demand order) in last year. Oil & Gas recession .. Korean and Chinese competition and reduced commodity transport demand from china ... Largest dry dock in public sector and less capacity compared to reliance !

Disclaimer - all the information are from DRHP submitted to SEBI and only for study Purpose !

Blockbuster ipo... apply, buy more and hold...