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A2Z Maintenance & Engineering Services Ltd IPO Message Board (Page 13)

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33. Doctoripo |   Link |  Bookmark | December 6, 2010 7:54:40 PM
Dear Sreedhar,
i am very mch benefited by your comments.I fpossible please send me your mail or phone no for communication
32. IPO GAUIDER |   Link |  Bookmark | December 6, 2010 6:41:37 PM
I M SURE THE MOIL LISTS WITH A PREMIUM MINIMUM 200-250
31. Sreedhar |   Link |  Bookmark | December 6, 2010 6:41:20 PM (900+ Posts)
http://www.nseindia.com/content/fo/fo_secban.csv

check this for ban
30. Ravi, Bangalore |   Link |  Bookmark | December 6, 2010 6:31:00 PM (300+ Posts)
28. KK Natarajan

IPO honeymoon is over! I was playing this IPO game in my parents a/c instead of parking in Bank FD & Post-Office. Now SEBI created sub-HNI quota within retail portion by increasing limit from 1 lac to 2 lac. We will not get sufficient allocation & on an average we may make just 2000 per 2 lac application.

Really, we don't make good money in IPOs.
29. Ravi, Bangalore |   Link |  Bookmark | December 6, 2010 6:26:59 PM (300+ Posts)
26. KK Natarajan

It is impossible to value the stock as we don't know the current liquidity situation. Book value shown is 165 in moneycontrol. I cannot take that in face value.

Similar logic I applied to HCC- Lavasa valued at 20 & factoring in subsidiary discount of 50% its value is 10. If environment ministry stalls the work of Lavasa by holding licence, then it could fall to 23? But, based on number game I bought below 37.75 + charges. If it falls to 23, may be I buy in Futures & hold for long-term!

Although LIC Housing showing good growth, its management changed & in all probability it will go slow in disbursement under new management. In that case, it is supposed to fall to 850 or below. But I would like to buy below 680. This is number game we need to play in this over-heated bull market.

If you are investor, then I believe index need to correct by 25% - 30% from its recent peak.
28. KK Natarajan |   Link |  Bookmark | December 6, 2010 6:19:25 PM (500+ Posts)
IPOs of the state owned Punjab & Sind Bank and L & T Finance, the non banking finance company and a subsidiary of the Engineering and Construction major L & T are likely to come out next week, reports CNBC TV 18.
Punjab & Sind Bank proposes to enter the capital market with an IPO of 4 crore equity shares - 3.8 crores to the public and 20 lakhs for the eligible employees. The issue shall constitute 17.93% of the post issue share capital of the bank.

L & T finance is coming out with an IPO of 1500 crores.
27. YESH |   Link |  Bookmark | December 6, 2010 6:14:53 PM
News : SBI hikes deposit rates by up to 150 basis points
Now all private banks has to follow and tomorrow mkt will be down tomorrow on the fear of rise in Landing rate.
For quite some time the interest rate are kept artificially lower and hence inflation is taking place. Now RBI is in right direction to reduce the inflation. Good for MKT.
As such there is no growth with GDP of 8.5-9.5 with inflation near 14-16%.
For Info: Now for FD for 45-90 days will fetch 5.5%. and 91-180 6.0% follow the link for more deatils

http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/SBI-hikes-deposit-rates-by-up-to-150-basis-points/articleshow/7052930.cms

26. KK Natarajan |   Link |  Bookmark | December 6, 2010 6:00:26 PM (500+ Posts)
Dear Sreedhar,
It is for earning some more money in secondary market. (Or will it result in losing money earned through LIC Housing and PNB)?
I will buy if any money is left after applying the forthcoming issues or if applying becomes a waste. In my opinion Punjab ans Sind Bank will be heavily subscribed, so it may become a waste.
25. Sreedhar |   Link |  Bookmark | December 6, 2010 5:53:18 PM (900+ Posts)
Ravi Bangalore,
SCI is in F&O Curb.New positions cannot be taken up only old positions can be suared off.So friends who do not have any position do not try to buy puts or calls or buy or sell futures in SCI.You will be levied a big penalty which you cannot afford.
24. Sreedhar |   Link |  Bookmark | December 6, 2010 5:51:22 PM (900+ Posts)
Dear Natarajan,
Why are you after Koutons????
23. BDMP JAIN,New Delhi |   Link |  Bookmark | December 6, 2010 5:22:13 PM
WITH REFERNCE TO:NEWS OF ET -
NEW DELHI: IOC plans to come out with its follow-on offer in January with shares priced at about Rs 450 each, close to its current 52-week peak. “The FPO is likely in the third or fourth week of January..


      
IIN MY KNOWLEDGE chairman ,IOC ,SH.BM Bansal DOES NOT HAVE POWER TO DECIDE THE RATE OR COME OUTT WITH ISSUE ABOVE MARKET RATE
.NOW PREVAILING RATE IN THE MARKET IS 355/-AROUND
ONE CAM COME OUT WITH THE FPO BELOW PREVALING RATE
IT MEANS MR. BANSAL HAS PLANNED TO MANIPULATE THE SHARE OF THE IOC CO that too IN WHICH HE IS the CHAIRMAN.
IT IS UNETHICAL,UNLAWFUL ,AND NOT JUST FROM ANY POINT OF VIEW
EVEN TRADING IN OWN CO. IS NOT PERMITTED BY SEBI
& HERE MR. BANSAL HAS PREIDCTED THAT HE WILL BE ABLE TO MANIPULTE THE SHARE SO MUCH THAT HE WILL BE ABLE TO COME OUT WITH THE FPO @450/-
HE SHOULD feel sorry for the same .

PRAVEEN JAIN, DARYA GANJ NEW DELHI-110002

22. KrishHyderabadi |   Link |  Bookmark | December 6, 2010 5:13:37 PM
Any news when moil allotments will be known?
21. Sreedhar |   Link |  Bookmark | December 6, 2010 5:05:46 PM (900+ Posts)
----------SOURCE:capital Market


Ravi Kumar Distilleries

Supplies IMFL in Puducherry

Plans expansion of capacity to cater to other states

Click here for CM Rating Reckoner

CM RATING       20/100
Ravi Kumar Distilleries, promoted by Mr. R. V. Ravikumar, is engaged in the business of manufacturing Indian Made Foreign Liquor (IMFL) under its own brand portfolio. The IMFL comprises of Whisky, Brandy, Rum, Gin & Vodka. In addition to manufacturing and marketing of its own liquor products, it also has tie-up arrangement with various leading liquor companies of India like .Radico Khatian Ltd., Shashi Distilleries Pvt. Ltd., John Distilleries Ltd., Gemini Distilleries (Pondy) Pvt. Ltd., and Mondovi Distilleries & Breweries Pvt. Ltd for manufacturing and marketing of their popular brands.

The company started with initial capacity of 7,20,000 cases per annum and a bond capacity of 6300 cases of Excise Bonded warehouse. Presently the plant is having an installed capacity of 14,25,000 cases per annum and 26000 cases of Excise Bonded Warehouse. The company currently operates through their manufacturing unit located at Katterikuppam village, Mannadipet Commune, Puducherry.

The company intends to enter capital market to raise money in the range of Rs 64.4 crore to Rs 73.6 crore by issuing around 1.15 crore equity share of face value of Rs 10 each at the price range of Rs 56 to Rs 64 per share.

The proceeds from issue will be used will be used for the expansion of the current unit by increase in existing capacity and installation of Re-distillation plant. At present the company is producing 60000 cases per month, which is supplied to Puducherry region only, which they propose to increase to 300000 cases per month. Expansion is to be commissioned by May 2011 and installation of re-distillation plant is scheduled to be over by March 2011.

The civil and structure related work will cost Rs 0.4 crore, purchase and installation of machines will cost Rs 10.82 crore. The issue proceeds will also part finance the marketing and corporate branding expenses costing Rs 3 crore and also incremental working capital requirements of Rs 33.97 crore.

Strengths

It has established itself in Puducherry.

The company has already developed technology in the field of manufacturing a wide range of IMFL products.

Weaknesses

The company's products lack adequate brand presence and awareness and also has limited geographical presence across the country.

The IMFL Industry is heavily regulated by the government and is politically sensitive. Any changes in regulations or applicable government policies could materially adversely affect the operations and growth prospects.

Valuation

Net sales for the quarter ended June 2010 was at Rs 13.92 crore and a net profit of Rs 0.59 crore. Net sales for the year ended March 2010 was at Rs 49.25 crore, showing a 13% growth. OPM declined by 90 basis points to 12.8%. Net profit grew by 17% to Rs 2 crore.

At a price band of Rs 56 to Rs 64 per equity share of Rs 10 face value, the P/E at the lower band works out to 67.38 times the EPS of Rs 0.8 for FY10 (on post-IPO equity). At upper band, P/E works out to 77.01 times. In Breweries and Distilleries Industry, industry composite TTM P/E is high at 46. However considering the very small size of the company and its limited presence only in Puducherry, the asking price is very high.
Ravi Kumar Distilleries : IPO Highlights       
Sector       Breweries & Distill.
Sector TTM P/E        46
No. of shares on offer (lakhs)       115
Price Band (Rs)       56-64
Post-issue equity (Rs crore)       2







This is a record for capital market IPO rating.Junk coming in the name of IPO.
20. Ckshah |   Link |  Bookmark | December 6, 2010 4:55:13 PM (200+ Posts)
Punjab & Sind Bank, L&T FinanceIPOs likely next week
http://www.moneycontrol.com/news/ipo-upcoming-issues/punjabsind-bank-lt-finance-ipos-likely-next-week_503526.html
19. rajni gandhi |   Link |  Bookmark | December 6, 2010 4:50:39 PM (400+ Posts)

Initial public offerings of state-owned Punjab & Sind Bank and L&T Finance - non-banking finance company and a subsidiary of engineering and construction major L&T - are likely to be launched next week, reports CNBC-TV18.Punjab & Sind Bank, L&T Finance IPOs likely next week. It is on money control
18. Maddanna |   Link |  Bookmark | December 6, 2010 4:26:20 PM
17. Deepak Kundalia

I don;t see anywhere mentioned the IPO OPen date for both...
17. Deepak Kundalia |   Link |  Bookmark | December 6, 2010 4:13:14 PM
L&T Finance Holding 13-Dec-2010
Punjab & Sind Bank 13-Dec-2010
16. NAWNEET SOMANI |   Link |  Bookmark | December 6, 2010 3:58:22 PM
GREY MKT PREM 80-85

APPLY AND SELL IN ADVANCE
IF IT SUBSCRIBE 8 TIME THEN U WILL GET 60 SHARES IN 2 LAC APPL FETCHES YOU 4800/.

15. vimal shah |   Link |  Bookmark | December 6, 2010 3:54:35 PM
A2Z MAINTANCE , ONE97 COMM. & PUNJAB SYDICATE ME SE KONSA ACCHA IPO HE ?
14. ambu |   Link |  Bookmark | December 6, 2010 3:54:05 PM
is worth to apply for a2z?