FREE Account Opening + No Clearing Fees
Loading...

Innovators Facade Systems Limited IPO Message Board (Page 8)

Loading...
23. RAJAKUMAR |   Link |  Bookmark | May 15, 2018 12:25:30 PM (1400+ Posts, 1200+ Likes)
According to drhp qib 50% HNI 15% Retai 35%. Qib portion 16 Lakh shares already allotted to two anchor investor. Total issue is 56.6 lakh shares minus 2.88 lakh for market maker. Remaining 53.72 lakh for ipo for which 35% for retail that comes 18.8 lakh . For hni 8 lakh shares only.
22. Shetty bayad |   Link |  Bookmark | May 15, 2018 9:49:05 AM
MT GROUP MA CHHE AA SHARE
21. CPHArun |   Link |  Bookmark | May 14, 2018 6:52:17 PM
Looks like promoters are converting 10cr of unsecured debt are converted to equity at 72rs.
As others said here, there is some risk associated. But what is going for this, is , investors believe its a good investment. Company also have completed good projects. Pretty sure, it will list in positive. Could be a good long term one.
20. APAPA |   Link |  Bookmark | May 14, 2018 6:07:55 PM
Debt to Equity Ratio is high at 1.02 (please do check if company has Dollar borrowings since interest costs are likely to increase for dollar borrowers)
Interest Coverage is nearly 1.1 times.
EBITDA Margins are fine but should be greater than 15%., from my point of view.
ROE has also been disappointing and is showing downtrend
ROCE is also much is also much in line with ROE trend.

Tread Cautiously!!! Happy Investing!!!
19. RAJAKUMAR |   Link |  Bookmark | May 13, 2018 2:22:09 PM (1400+ Posts, 1200+ Likes)
Two Anchor Investor invested in this company. 1. Hupnos Fund allotted 9,00,800 shares 2. Mentor Capital allotted 7,08,800 shares.
18. INVESTIGATOR |   Link |  Bookmark | May 14, 2018 1:59:15 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Good issue to Apply for listing and long term gain
17. NEMI CHAND AJMERA |   Link |  Bookmark | May 13, 2018 5:51:57 PM
Vijay Kediya invested in this company one and half month ago@62 per share.Then why we invest @72.Kediya will be earning 18%in one month.So the company is good,clients are good but price is little bit higher.
17.1. BULLS OF INDIA |   Link |  Bookmark | May 14, 2018 1:41:54 PM (200+ Posts)
Rs 62 of Pre-IPO comes with strings attached. 1 Lock-in period of 1 Year. 2 Minimum application size is 1 Crore. One only applies in pre-ipo placement when he sees that company/share will perform after 1 year too.
16. an Investor |   Link |  Bookmark | May 14, 2018 10:18:57 AM (200+ Posts)
Yes, I was going to say same, though Pantomath is LM, Akshar is down 5% on 2nd day.
15. khushbir singh |   Link |  Bookmark | May 8, 2018 4:15:36 PM
UMANG BHAI , DON"T WORRY APPLY KARO, PANTOMATH HAI. PREMIUM MILEGA.
15.1. BULLS OF INDIA |   Link |  Bookmark | May 9, 2018 10:22:35 PM (200+ Posts)
On merchant banker's front, this is 71st mandate from its stable in last four fiscals. Out of last 10 listings, all have opened with a premium ranging from 1.6% to 20% on debut day.
15.2. share blaster |   Link |  Bookmark | May 14, 2018 8:35:45 AM
@khusbir singh akshar spintex me bi LM pantomath hi tha
14. RAJAKUMAR |   Link |  Bookmark | May 14, 2018 12:03:21 AM (1400+ Posts, 1200+ Likes)
Lets wait till last day. If Hni subscribes above 10 times we will jump into the scrip otherwise ? mark. I think retail gets fear because last two scrips including LM pantomath"s Akshar Spintex down circuit.
14.1. RAJAKUMAR |   Link |  Bookmark | May 14, 2018 12:09:41 AM (1400+ Posts, 1200+ Likes)
Dear AnkurGoel
We will jump on the final day after 2pm . This is 40 cr. ipo lot of selling pressure when listing happens. If Hni not interest in this counter means we will skip because Akshar Spintex Hni 2 times Retail 9 times. Even LM Pantomath not able to support the counter and it locks down circuit at 10.05am. I sold this counter at cost at discovered price.
13. RAJAKUMAR |   Link |  Bookmark | May 13, 2018 2:23:24 PM (1400+ Posts, 1200+ Likes)
There is 40,00,000 shares available for public subscription
13.1. AnkurGoel |   Link |  Bookmark | May 13, 2018 8:00:35 PM
What is ur call in this sme Rajakumar ji? I am thinking, it will also hugely subscribed.
12. Johny |   Link |  Bookmark | May 12, 2018 10:31:34 AM
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)
@Admin - Megastar food IPO is not seen in the IPO list dropdown.
11. Umang and his ultrasonic uproar |   Link |  Bookmark | May 4, 2018 10:15:10 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
This one is again from Pantomath. Only concern is PAT is in descending order,Otherwise it is in niche segment.
11.2. AnkurGoel |   Link |  Bookmark | May 8, 2018 10:52:56 AM
At least financials are not cooked up like others who show huge profits in IPO year.

11.3. DownriteVJ |   Link |  Bookmark | May 10, 2018 5:27:04 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Yes, agree with BULLS OF INDIA
10. SHANII |   Link |  Bookmark | May 10, 2018 2:38:56 PM
request to share BSE subsription linc
9. Ashish Mittal |   Link |  Bookmark | May 10, 2018 11:39:16 AM
Capital first available 18 PE much better and buy 100% open market
8. senior cityzen |   Link |  Bookmark | May 10, 2018 4:34:32 AM
No's are in lacs or in millians
7. S T |   Link |  Bookmark | May 8, 2018 10:59:50 PM
Proof of Vijay Kedia invested in this SME IPO: https://economictimes.indiatimes.com/markets/stocks/news/top-investors-kela-damani-kedia-andrade-find-new-money-spinner-beyond-main-market/articleshow/63970271.cms
7.1. BULLS OF INDIA |   Link |  Bookmark | May 9, 2018 2:26:35 PM (200+ Posts)
He brought in pre-IPO placement, so there will be lock in for 1 full year. so any one can buy with sure shot long term multibagger view.
6. Vivek SP |   Link |  Bookmark | May 9, 2018 10:12:01 AM
The financial numbers of Assets, Revenue and PAT mentioned above are Rs. in Millions.
It should be Lakhs as per Prospectus.
5. S T |   Link |  Bookmark | May 8, 2018 10:57:02 PM
Bid / Offer Opening Date: 14th May 2018, Monday
Bid / Offer Closing Date: 16th May 2018, Wednesday
Finalisation of Basis of Allotment with the Designated Stock Exchange: 21st May 2018, Monday
Unblocking of Funds On or Before: 22nd May 2018, Tuesday
Credit of Equity Shares to demat accounts of Allottees On or Before: 23rd May 2018, Wednesday
Commencement of trading of the Equity Shares on the Stock Exchange On or Before: 24th May 2018, Thursday
4. Vibs |   Link |  Bookmark | May 8, 2018 5:48:23 PM
Yes looks good but the only concern is declining pat with increasing revenues.
I am not a short term trader, I am a value investor with long term view so it make me think otherwise a good bet.