Price band is Rs 745 to Rs 750. Source: http://www.moneycontrol.com/news/business/ipo-business/khadim-india-eyes-rs-543-cr-from-ipo-2420555.html
27. Eagleye| Link| Bookmark|
October 26, 2017 10:36:39 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Khadim India IPO – Schedule (Pg #271 of RHP)
26th Oct – Price Band to be Announced 01st Nov – Anchor List 02nd Nov – Offer Opens 06th Nov – Offer Closes 10th Nov – Finalisation of Basis of Allotment 13th Nov – Unblocking of ASBA 13th Nov – Credit to Demat Accounts 14th Nov – Listing on NSE & BSE
Khadim India IPO – Issue Information (Final)
Issue Opens on: 02 November 2017 Issue Closes on: 06 November 2017 Issue Type: Book Built Issue IPO Issue Size: 72,40,760 Equity Shares Face Value: Rs 10 per Equity Share Issue Price: Rs.745 – Rs.750 per Equity Share Market Lot: 20 shares Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 1,72,98,531 Equity Shares Fresh Issue of 666,666 Equity Shares @upper price band = Rs.50.00 Crores Offer for Sale of 65,74,093 Equity Shares @upper price band = Rs.493.06 Crores Equity Shares outstanding after the Issue = 1,79,65,197 Equity Shares
Total Issue – 72,40,759 Equity Shares = 543.06Crs.
Subscription required for 1X RII = 1,26,713 Forms NII = 81.46 Crs
Interest cost @5%p.a. for 7days = 71.918paise for 1X
Khadim India IPO – Financial Information (Basis of Valuation)
EPS for FY14-15 >>> Rs.(10.79) (Page #83 of RHP) EPS for FY15-16 >>> Rs.14.59 (Page #83 of RHP) EPS for FY16-17 >>> Rs.17.78 (Page #83 of RHP) EPS for Q117-18 >>> Rs.4.11 (Page #83 of RHP)
RoNW for FY14-15 >>> (14.45)% (Page #84 of RHP) RoNW for FY15-16 >>> 16.35% (Page #84 of RHP) RoNW for FY16-17 >>> 16.61% (Page #84 of RHP) RoNW for Q117-18 >>> 3.70% (Page #84 of RHP)
NAV as on June 30, 2017 was Rs.111.14 (Page #85 of RHP)
Peer Group (Page #85 of DRHP): Bata India, Relaxo Footwears, Liberty Shoes
27.1. Eagleye| Link| Bookmark|
October 26, 2017 10:41:38 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Khadim India IPO Market Estimates of oversubscription:
I think retailers will be alloted only 10% as company has made losses in one of the last three years.Secondly, when face value is rs.10 per share, issue price shoud be less than rs.500. At 28 pe offer price comes to rs.497 and it will give very good listing gain if priced below rs.500
Face value of equity shares.31. (1)Subject to the provisions of the Companies Act, 1956, the Act and these regulations, an issuer making an initial public offer may determine the face value of the equity shares in the following manner: (a)if the issue price per equity share is five hundred rupees or more, the issuer shall have the option to determine the face value at less than ten rupees per equity share:Provided that the face value shall not be less than one rupee per equity share; (b)if the issue price per equity share is less than five hundred rupees, the face value of the equity shares shall be ten rupees per equity share.
Its not mandatory. It shall have option to fix below if price 500 or above
22. R R Patel| Link| Bookmark|
October 24, 2017 11:33:16 PM
IPO Mentor (800+ Posts, 3400+ Likes)
OFS of Polson opening tomorrow October 25 and for retail investors October 26 CMP 12920 but OFS floor price @8600. Any comments please.....
I have already burnt my finger in polson ofs. Its 4th ofs in last 2-3month. It will continue at lower circuit till 8600. And u will not be able to come out.
20. Eagleye| Link| Bookmark|
October 25, 2017 10:09:17 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Khadim India IPO – Pg #271 of RHP
26th Oct – Price Band to be Announced 01st Nov – Anchor List 02nd Nov – Offer Opens 06th Nov – Offer Closes 10th Nov – Finalisation of Basis of Allotment 13th Nov – Unblocking of ASBA 13th Nov – Credit to Demat Accounts 14th Nov – Listing on NSE & BSE
How does one apply for NLC''s Offer for Sale ? It is not through ASBA as IPO''s are.. or we just buy it like normal stocks as on BSE/NSE.. in that case how is the cut off price determined..? any pointers are appreicated,
OFS is like secondary market purchase except that the shares are made available by the company. the order will be through your broker and after allotment, brokerage GST stamp duty will be applied by the broker
I am not able to find any news on moneycontrol, economic times, and news portal related to Khadim IPO dates. I am not sure from where forum members are posting dates of this IPO. If anybody has any link of date confirmation then share with other forum members.
13.1. Pokemongo| Link| Bookmark|
October 24, 2017 7:41:02 PM
Top Contributor (400+ Posts, 300+ Likes)
Pokomongo, I know about drhp submission and approval by sebi. I am asking about IPO opening dates. I could not find the news related to its opening date.
12. R R Patel| Link| Bookmark|
October 24, 2017 8:48:16 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Price band likely in between 770-840. Again tough chances of allotment in retail category like MAS Financial because approx 1.3 - 1.5 lakh lots will be available for allotment in retail category. QIB 50% HNI 15% Retail 35%
12.1. R R Patel| Link| Bookmark|
October 24, 2017 8:56:32 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Upper band may be near 900 too after seeing the trend of new IPOs. Only few promoters coming with reasonable price band.