Captain Technocast Ltd IPO Message Board (Page 3)

Pros:
DE is 0.87
ROE and ROCE is above 30% for FY17
Consistent increase in sales and net
Expansion has started (workforce is gradually getting increased)
Led by Hem

Cons:
ROE and ROCE were below PAR in the past
No cash is pumped into (or out of) the company
Almost 3 rights issues in past 3 months

All the positives and negatives I have stated are almost neutral ones.
There is nothing too attractive or ugly in this company.
On PE front, PE of 15 is very attractive (but PB of 2.9 makes it riskier).
I will be NEUTRAL on this SME (and will buy it after listing; because it''s an BSE-SME so we cannot see how much QIB has subscribed).

Dear Prabhakaran sir,
As this IPO is subscribed by 1.72 times on second day with small amount of QIB subscription.
Can we subscribe this IPO for listing gain?
Thanks in advance.

Sir should I apply for it ????

Should I apply for it

COMPANY RATIOS

PARTICULARS       2017       2016      2015
EPS       5.86      1.20       0.66
P/E RATIO       6.83      -      -
Return On Net Worth (%)      23.19      11.23      4.66
NAV      13.87      11.30      10.03

I think it''s a fair price issue with good business n fundamentals and fast growing company with good results year by year suggests that we should atlest get 15 to 20 % return on listing gains as well as for short to medium term prospective...

Post Subscription Status in Percentage

Bid and Quantity for CAPTAIN TECHNOCAST LTD
At BSE
Last updated on
7/20/2017 5:20:28 PM
Price ()      Quantity
40.00      6,51,000
Cut-off      2,37,000
Total      8,88,000

How to apply SME IPO thru HDFC ASBA? Pls guide

Sme ipo apply or not ? Give a some knowledge.

In the past 9 months, this is the second time Hem is leading a BSE-SME IPO.
Last one was RMC Switchgears which is trading currently with 77% gain.
All NSE-SMEs led by Hem have given positive gain from 1% to 167% (except LaxmiCot which is trading 15% below issue price)

Key operating ratios

Year end      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
EPS(Rs)      3.22      1.27      0.47      1.44      -
Book value(Rs)      13.87      11.31      10.04      9.30      7.83
CEPS(Rs)      4.21      3.12      2.63      3.94      0.32
NPM(%)      7.92      2.38      0.92      2.14      -6.38
OPM(%)      16.03      9.24      6.81      10.48      4.96
ROCE(%)      29.76      10.64      5.39      12.21      -
ROE(%)      32.92      11.87      6.01      16.00      -
Debt/equity      0.87      1.73      2.40      3.20      2.49
Interest cover      8.65      2.78      2.14      1.93      -0.36

Cash flow analysis(Rs.in Crs.)
Year end      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
NOPAT      1.49      0.41      0.19      0.37      -0.07
Operating cash flow      -      -      -      -      -
Free cash flow      -      -      -      -      -

Key financials (Rs.in Crs.)
Year end      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
Net sales      16.66      10.93      10.86      8.40      4.23
Operating profit      2.67      1.01      0.74      0.88      0.21
Net profit      1.32      0.26      0.10      0.18      -0.27
Equity cap pd      4.11      2.05      2.05      1.27      1.25

P & L Account(Rs.in Crs.)

Year      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
Sales Turnover      16.66      10.93      10.86      8.40      4.23
Other Income      0.01      0.02      0.00      0.02      0.01
Stock Adjustments      0.98      0.24      0.35      0.15      0.06
Total Income      17.65      11.19      11.21      8.57      4.30
Raw Materials      10.43      7.72      8.16      6.17      3.05
Excise Duty      0.00      0.00      0.00      0.00      0.00
Power & Fuel Cost      1.19      1.04      0.87      0.73      0.61
Other Manufacturing Expenses      2.01      0.57      0.60      0.34      0.11
Employee Cost      0.84      0.62      0.47      0.32      0.24
Selling and Administration Expenses      0.52      0.22      0.23      0.12      0.08
Miscellaneous Expenses      0.00      0.00      0.14      0.00      0.00
Less: Preoperative Expenditure Capitalised      0.00      0.00      0.00      0.00      0.00
Profit before Interest, Depreciation & Tax      2.67      1.01      0.74      0.88      0.21
Interest & Financial Charges      0.26      0.23      0.14      0.29      0.28
Profit before Depreciation & Tax      2.41      0.78      0.60      0.59      -0.07
Depreciation      0.41      0.38      0.44      0.32      0.31
Profit Before Tax      1.99      0.41      0.16      0.27      -0.38
Tax      0.67      0.15      0.06      0.09      -0.11
Profit After Tax      1.32      0.26      0.10      0.18      -0.27
Adjustment below Net Profit      0.00      0.00      0.00      0.00      0.00
P & L Balance brought forward      0.27      0.01      -0.09      -0.27      0.00
Appropriations      0.00      0.00      0.00      0.00      0.00
P & L Bal. carried down      1.59      0.27      0.01      -0.09      -0.27
Equity Dividend      0.00      0.00      0.00      0.00      0.00
Preference Dividend      0.00      0.00      0.00      0.00      0.00
Corporate Dividend Tax      0.00      0.00      0.00      0.00      0.00
Equity Dividend (%)      0.00      0.00      0.00      0.00      0.00
Earning Per Share (Rs.)      3.22      1.27      0.47      1.44      0.00
Book Value      13.87      11.31      10.04      9.30      7.83
Extraordinary Items      0.00      0.00      0.00      0.00      0.00

Balance Sheet(Rs.in Crs.)

Year      Mar 17      Mar 16      Mar 15      Mar 14      Mar 13
Share Capital      4.11      2.05      2.05      1.27      1.25
Reserves & Surplus      1.59      0.27      0.01      -0.09      -0.27
Total Shareholders Funds      5.70      2.32      2.06      1.18      0.98
Secured Loans      2.26      2.12      2.66      2.31      2.17
Unsecured Loans      1.28      1.44      1.42      1.41      1.03
Total Debt      3.54      3.56      4.08      3.72      3.20
Total Liabilities      9.24      5.88      6.14      4.90      4.18
Gross Block      2.38      2.45      2.49      2.54      2.58
Less: Accum. Depreciation      0.00      0.00      0.00      0.00      0.00
Net Block      2.38      2.45      2.49      2.54      2.58
Capital Work in Progress      1.69      0.16      0.00      0.00      0.00
Investments      0.00      0.00      0.00      0.00      0.00
Inventories      3.03      1.58      1.71      1.61      1.56
Sundry Debtors      6.48      4.40      4.83      3.09      1.85
Cash and Bank Balance      0.05      0.07      0.01      0.05      0.00
Loans and Advances      0.90      0.31      0.25      0.32      0.54
Current Liabilities      4.38      2.80      2.95      2.59      2.32
Provisions      0.90      0.29      0.19      0.12      0.03
Net Current Assets      5.18      3.27      3.66      2.36      1.60
Miscellaneous Expenses not w/o      0.00      0.00      0.00      0.00      0.00
Total Assets      9.25      5.88      6.15      4.90      4.18
Contingent Liabilities      0.05      0.00      0.00      0.00      0.00

Capital History
Year      Equity Capital       Remarks
201705      4.280025        Rights Issue
201703      3.081618        Rights Issue
201703      4.108824        Rights Issue
201502      2.054412        Rights Issue
201501      1.494118        Rights Issue
201311      1.27        further allotment
201212      1.25        further allotment
201106      1        further allotment
201007      0.01        Subscriber to MOA

good sme ipo ... apply

Not Much Money Making In it. Its Fully Prised.

Went Thru Website , All Details & Information Mentioned In it is Not So Appealing.

On Their Website, Go In Corporate Section Then Achivements ... They Uploaded Dun & Bradstreet Certificate as Achievement (So Funny)... Dun & Bradstreet is Just Database Gathering Company and give A bit Rating.

In Infrastructure Section There Is Nothing They Can Show .

Even In RHP They Have Declared They Have Yet To Register Their Brand "CAPTAIN TECHNOCAST"

" AVOIDING IT "

Mr prabhakaran captain apply or not pls advice

Except keerthi I genuinely liked all of them ...... But as a retail investor make sure you put your money where there are chances of allotment .... Every issue is going to be 10x ++ oversubscribed hopefully .... Surely I will update which will be the best bet

Captain Technical IPO . WY GMP ?
Wy Kostak ?