23. Chem cho| Link| Bookmark|
July 11, 2018 11:17:18 AM
IPO Guru (2500+ Posts, 2700+ Likes)
(i)TCNS Clothing Co. Private Limited is India's leading women's branded apparel company in terms of a total number of exclusive brand outlets as of November 2017, according to Technopak.
(ii) They Design, Manufacture, Market and Retail a wide portfolio of women's branded apparel across multiple brands. They sell products through 418 exclusive brand outlets, 1,305 large format store outlets and 1,361 multi-brand outlets, located in 29 states and two union territories in India. In addition to that they also have six exclusive brand outlets in Nepal, Mauritius and Sri Lanka. The company also sell the products through their own website and online retailers.
(iii)The product portfolio includes Top-wear, Bottom-wear, Drapes, Combination-sets and Accessories that cater to a wide variety of the wardrobe requirements of the Indian woman, including every-day wear, casual wear, work wear and occasion wear. The TOP brand in the portfolio is mentioned below:
a). Brand "W": "W" is a premium fusion wear brand, which merges Indian and western sensibilities with an emphasis on distinctive design and styling. This brand is targeted primarily at the modern Indian woman's work and casual wear requirements. "W" has been recognized as the 'IMAGES Most Admired Fashion Brand of the Year: by India Fashion Forum consecutively for past three years between 2015 to 2017. "W" had 258 exclusive brand outlets and 676 large format store outlets located across 148 cities in India and five outlets outside India.
b). Brand "Aurelia": Aurelia is a contemporary ethnic wear brand targeted at women looking for great design, fit and quality for their casual and work wear requirements. "Aurelia" had 159 exclusive brand outlets and 629 large format store outlets located across 149 cities in India and one outlet outside India.
c) Brand "Wishful". Wishful is a premium occasion wear brand, with elegant designs catering to women's apparel requirements for evening wear and occasions such as weddings, events and festivals. The Company is leveraging their "W" store network for selling Wishful products, however, they recently launched first exclusive brand outlet for Wishful, in September 2017.
iv) Revenue from sales of products under brand "W", "Aurelia" & "Wishfulgrew" is growing at a CAGR of 48.67%,70.82% & 66.66% respectively during FY13 to FY17 . Moreover, in FY17 the revenue from "W", "Aurelia" & "Wishfulgrew" accounted for 61.23%,30.35% & 8.41% respectively.
Dear Chem cho 2017 PAT 89 Crore (Not 15 Crore) Eps is Rs. 14.74 2018 Sep. PAT is Rs.57 Crore (Half yearly Eps 9.44) Debt free company. It will list like Fine chemical. Fine chemical also debt free company. If qib subscribes above 10 times then it will list 5% listing gain possible.
23.5. Chem cho| Link| Bookmark|
July 11, 2018 10:03:10 PM
IPO Guru (2500+ Posts, 2700+ Likes)
REFER TO PROFIT AS MENTIONED BY CHITTORGARH AS BELOW MY INFORMATION SEEMS TO BE IN LINE WITH CHITORGARH STATEMENT Summary of financial Information (Restated Standalone) Particulars For the year/period ended (in Rs. Million) 31-Mar-18 31-Mar-17 31-Mar-16 (Proforma) Total Assets 5,763.59 4,258.04 3,087.843 Total Revenue 8,491.57 7,129.73 4,881.35 Profit After Tax 980.97 157.97 (414.96)
As sense and nifty all-time high! I should review my portfolio I am holding following stock in ipo Dixon Amber Indostar Apollo micro Shelby Should I hold these further? Or Book profit or loss? Expert advice needed Thanks Disclosure: I m long term investor
@harit amber-exit at 1100 shalby-hold.fii/dii buying in pharma indostar-hold till 625-630 as you are long investor apollo-exit on rally and book loss dixon-exit at 3000 and book profit Today-Bulk deal in Karda at NSE over 10,000 shares at 170 price.Buy for the target of 180 /185 in short term/next result.
As per RHP , page 63/69 , shares splited from 10 to 1 and again consolidated from 1 to 2 from Jan 2018. As per RHP , in Feb. 2018 employees were granted shares at 373 rs. under employees stock option plan . These shares had weighted average fair value of 288 rs. Now in less than 6 months of time , issue price climbed more than double ! Management has provision for ESOP-2 within 3 months after listing.
ALL peers enjoy high P/E because of its popular market brands.This company is unknown and asking P/E is very high. Monte Carlo pe 16 Kewal Kiran pe 23 Kitex Garment pe 11 TCNS Clothing PE 45 GMP 60-65...Less than 10%
Profit figures are inflated for IPO purpose.Check past figures. IMO issue price should not be more than 500-550. IMO Avoid this OFS ipo and invest in hdfc amc and hcl tech
17.1. SJ| Link| Bookmark|
July 30, 2018 10:50:23 AM
IPO Guru (1300+ Posts, 3200+ Likes)
Remember Next Kitex Next Monte Carlo Next Kewal Kiran Comparing other peers , this company's brand is not so popular.Only branded company's shares are making new highs on index.Exit above 685.Soon 650 level can be seen.
17.2. SJ| Link| Bookmark|
July 30, 2018 12:06:29 PM
IPO Guru (1300+ Posts, 3200+ Likes)
Check the chart from the exchange. As I posted to exit Above 685 , Very weak support below that level . Very weak structure. Broken 650 level also Better to short poor IPOs than applying.
Refer page 34 of DRHP for cost of acquisition Promoter cost of acquisition does not matter. The Investor Selling Shareholder Wagner Ltd cost of acquisition is Rs 373.26 per share. Wagner Ltd holds 24931803 shares in company of which 6911684 shares are offered for sale via IPO. Wagner Ltd will still hold 18020119 shares or 31.96% in company after IPO
eps - 15 ( if Issue price 700 on FV 2 , then pe > 45 , costly for non-branded co. IMO ) NAV - 75 RoNW - 22 % } ( Loss-Making co. margin : 12 % } before one year )
IMO this could be the next KITEX Garment :( eps 10 , fv 1 , cmp 115 , pe 11 .
Wait for HDFC for one more week and apply with full force , in HNI category if possible :) and think about HCL TECH buy back offer also