Advanced Enzyme Technologies Ltd IPO Message Board (Page 56)

what is the date of this ipo ???

Again Link Intime is the registrar ??? Why all the companies select them as registrar. What happened to Karvy ???

I took position in Skipper Ltd, Premier Explosives &, Sanghvi Movers today...these are bets on impending boom in T&D, Infrastructure, Wind Energy &, Defense. Does anyone follow these?

ur picks r good.Market will always provide an oppurtunity to enter. Till that time be alert and wait.

Some scripts like uflex, sudarshan chemicals,RSWM.sunil hitech also deserve a look, But all rallied from 30 to 100% except sunil.

Thanks. Will size up these names.....

Eagleeye septa and RKS ji

Edelwise ka NCD kaisa h apply or not for. Listing gain.pls reply

SEPTA SIR AND EAGLEYE ON PE BASIS IF THIS YR EPS IS 16 PLUS 20 THEN TOTAL EPS IS 36 THEN 30 MULTIPLY BY 36 MEANS RS 1080 FAIR VALUE IF NEXT YR EPS IS 70 THEN PRICE WILL GO AFTER 1 YEAR SO INVESTMENT STOCK IT IS

from where did you get ... "NEXT YR EPS IS 70" ???

Looks good. Future prospects appear bright. If issues price is 400-600 should go for it.

Advanced Enzyme IPO

FY15-16 EPS will be 37/- (to be confirmed in the RHP)

FY16-17 expected EPS will be around 58/- (on post IPO diluted equity)

Thanks

Thanks

Advanced Enzyme
GMPs 212-216
Kostak 425-475@Rajkot

Rajkot Broker Association
Quess 195 Buyer

Arjun Patel Sir,

Has active trading started in Advanced Enzymes? ... or is it only bhaav (without volumes) ?

Based on my analysis i give it a fair value of Rs1100 i have been very very conservative in my growth rate however IMO these growth rate of 14% to 11% is easily achievable by the company also.... IMO if issue is Rs900 approx i would not be surprised to see GMP of Rs350 and above eagleye and arjun patel will soon update the correct GMP my guess is the GMP will be in range of Rs 350 to Rs450 approx. Good issue will list on premium if the issue price is RS 900 Approx so do apply with full force.....
Initial Cash Flow:      $70,40,00,000                   
                        
Years:      1-5      6-10            
Growth Rate:      60%      40%            
                        
Terminal Growth Rate:      5%            Discount Rate:      9%
                        
Shares Outstanding:      2,23,23,693             Margin of Safety:      25%
Debt Level:                        
                        
Year      Flows      Growth      Value      
1      80,25,60,000       14%      $73,62,93,578       
2      90,68,92,800       13%      $76,33,13,526       
3      1,01,57,19,936       12%      $78,43,22,155       
4      1,13,76,06,328       12%      $80,59,09,003       
5      1,27,41,19,088       12%      $82,80,89,985       
6      1,42,70,13,378       12%      $85,08,81,452       
7      1,59,82,54,984       12%      $87,43,00,208       
8      1,79,00,45,582       12%      $89,83,63,517       
9      1,98,69,50,596       11%      $91,48,47,251       
10      2,20,55,15,161       11%      $93,16,33,439       
                        
                        
Terminal Year      $2,31,57,90,919                   
                        
PV of Year 1-10 Cash Flows:                  $8,38,79,54,114       
                        
Terminal Value:                  $24,45,53,77,770       
                        
Total PV of Cash Flows:                  $32,84,33,31,883       
                        
Number of Shares:                  2,23,23,693       
                        
Intrinsic Value (IV):                  $1,471.23       
                        
Margin of Safety IV:                  $1,103.42       
                        
What Percentage of IV comes from                   74%      
the Terminal Value:                        

thanks

Septaji , would you please post the fair value of L& T Infotech.... Thank you in advance

THIS IS THE FAIR VALUE..........

EAGLEYe ipo price max 850

please make up your mind...

IPO Price or Fair Value ??

Mam what should we do for L and T...
Should we not apply /apply or apply aggressive???
I don''t understand whether PE of 12 is good for IPO??
As my favorite Tech Mahindra and other proven IT players are also nearby.

There are firm chances that Advanced enzymes will get first mover advantage in its listing.

We had seen last year similar frenzies among first mover companies IPOs

Inbox wind (pure first mover)
VRL (unique business model)
Manpasand beverages (despite weak financial)
Syngene (pure first mover)
S H Keller (pure first mover)
Dr lal (pure first mover)
Narayana hridayalaya ( despite weak financial)
Team lease (despite weak financial)
Infibeam (despite weak financial)
Equitas (pure first mover)


There may be chances that , it may get subscribed manifold.

Quick heal . , first anti virus listed
Ufo first one

Regarding quick heal , I had not invested in this script due to poor business prospects and weak financial.
Even I had not invested in those companies, which enjoys stellar listing i.e. infibeam, narayana (given above) purely on the basis of weak financial.

World is awaiting a big correction from a long time. However Prospects of India is good due to substantial domestic consumption. Despite, if major correction happen in world economy, such frenzy stock , listed above despite weak financial will not sustain their price.

Lots of debate on issue price or proper price.

If we calculate from EPS :
Six month ending Sep 2015 - 16.15
Year 2015 - 23.02
Let''s assume 16.15 * 2 for year 2016 = 32.30

I found two main peers available for comparison are Novozymes and Du Pont. First is listed at European country and second in United States. Novozymes available for P/E 34.26 and Du Pont available for P/E 26.23. If it''s come with price of 26 * 32 = 832 then it is good. Little more on 832 is also acceptable.

Advanced Enzyme Technologies is the first company in it''s segment, going to be list in India. It is the main benefit to the company. It may possible company will ask more price like S H Kelkar etc.

True CA saheb,

Your fair value of Rs.850/- is flabbergastingly off the mark.

The market pundits are saying that for FY 15-16 EPS will be 37/- (we can confirm it once we see the RHP)

and further for FY 16-17 they expect that the EPS will be around 58/- (on post IPO diluted equity)

So, now you may go and rework your maths ... but be kind enough to share your calculations

Agree with eagleye this company has potential in my calculation even with low growth rate the fair price is Rs1100 with 25% MOS..... If we go by FY 17 earning then this issue will be blockbuster it should be bigger then Quess with such high growth also high margin this is like INDIGO of enzyme Fiis will lap this in no time one can apply this issue with no problem..... Also look at the management top class been in the business for more then 2 decades experts in field....

Say 58 is EPS at say 30 PE the price is Rs1740 even with my conservative growth parameters i got a price of Rs 1470..... IF the price band is around Rs900 lot of money is left on the table I should apply IMO

EAGLEYE WHICH PRICE U THINK PROPER FOR AD ENZYME ?

eagleye let us watch gmp and septa sir view on advanced enzyme

Primium? advanced enzyme?

400 premium pershare

who will not be happy those who get 400 per share

I refer his earlier posting ...



mehul mehta Jul 6, 2016 3:26:34 PM IST
Advanced Enzyme Technologies Ltd IPO

FAIR VALUE AROUND RS 850 MAX SO ANY IPO PRICE ABOVE IT MAY BE LOSS

eagle eye g it will be bumper this all time high per share 400

Please have a word with CA mehul mehta Saheb ... before you make such preposterous claims ... ;) ;) ;)

eagle eye grey market has been started in advance enzyme if not than grey market will be like quess corp 180 to 190...

QIB WILL BE MORE IN L AND T INFOTECH THAN IN ADVANCE ENZYME IF ITS PRICE BAND AROUND 900

Yessir !!! ... CA Saheb, ... I have firmly noted your point ...

However, I am advised by most of the market pundits that Advanced Enzymes will be a much much bigger story than L&T Infotech ...

So, let us wait for 21st July for listing of L&T Infotech & for 28th July for listing of Advanced Enzymes ... your Final Exams !!!

If you are right ... then ... for me you will be the biggest MAHADEV of the market !!!