Bhakti Gems and Jewellery Ltd IPO Message Board (Page 2)

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Prabhakaran Kuppusamy
11. Prabhakaran Kuppusamy  May 14, 2017 00:38
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
The other SME IPO (Yug Décor Ltd) is also disappointing (than Bhakti).
Asking PE is 71 compared to its peers trading at PE of 20 and 30.
Also the DE ratio is 2.1.
This SME too is a cliche "Yet another SME IPO from Gujarat".
Prabhakaran Kuppusamy
10. Prabhakaran Kuppusamy  May 14, 2017 00:30
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Try to see this video (review of this SME IPO).
It has few more points (and people always prefer watching than reading).
https://www.youtube.com/watch?v=OCDC-tJuPF4
Prabhakaran Kuppusamy
9. Prabhakaran Kuppusamy  May 13, 2017 20:05
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Yet another Gujarat based SME IPO!!! Hmm.
Can someone give me a count of SMEs from Gujarat? I''m sure that the numbers will be twice than all others collectively.
Prabhakaran Kuppusamy
8. Prabhakaran Kuppusamy  May 13, 2017 19:58
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It''s such a sham that these companies are coming for IPO and laughing on our face.
Don''t be deceived that it will become multi-bagger; it is multi-beggar IPO.
Stay away.
Prabhakaran Kuppusamy
7. Prabhakaran Kuppusamy  May 13, 2017 19:54
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Cash flow too is negative (PFB). So, this is never good sign to invest.
Cash flow analysis (Rs.in Crs.)
Year end            Mar 16       Mar 15       Mar 14       Mar 13       Mar 12
NOPAT       0.02       0.02       -       -       -
Operating cash flow       -0.83       -1.32       -0.26       -0.42       0.26
Free cash flow       -0.80       -1.32       -0.22       -0.42       0.27
Prabhakaran Kuppusamy
6. Prabhakaran Kuppusamy  May 13, 2017 19:52
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Key financials (Rs.in Crs.)
Year end            Mar 16       Mar 15       Mar 14       Mar 13       Mar 12
Net sales       19.30       18.40       11.22       9.12       6.61
Operating profit       0.05       0.05       0.08       0.09       0.06
Net profit       0.01       0.01       -       -       -
Equity cap pd       0.56       0.25       0.25       0.25       0.25

Key operating ratios:
Year end            Mar 16       Mar 15       Mar 14       Mar 13       Mar 12
EPS(Rs)       0.19       0.60       0.06       0.14       0.12
Book value(Rs)       50.09       49.76       48.87       48.81       48.67
CEPS(Rs)       0.18       0.40       -       -       -
NPM(%)       0.05       0.05       -       -       -
OPM(%)       0.26       0.27       0.71       0.99       0.91
ROCE(%)       1.02       1.49       3.81       5.25       3.60
ROE(%)       0.49       0.81       -       -       -
Debt/equity       0.93       1.19       0.50       0.25       0.14
Interest cover       2.00       2.00       1.00       1.00       1.00
ADITYA JAKHARIYA
5. ADITYA JAKHARIYA  May 13, 2017 16:34
I WANT TO SELL MY APPLICATION IN RAJKOT...WHAT IS SUBJECT PRICE OF IT?
anishkumarAN
4. anishkumarAN  May 13, 2017 12:48
Issue is reasonably priced. Investors may consider short to long term investment. I think looking to the current re-stated Financials this company looks good. 4-5 rs upside can be possible on the day of listing.
sundervan
3. sundervan  May 13, 2017 11:40
@ipoanalysis,

Company has a good P\e it is only 19 and no industry pe is availabe for comparison and 19 p/e show the company has good for investment .
CA M&co.Jodhpur
2. CA M&co.Jodhpur  May 12, 2017 09:29
Recommendation only after analysis financial information of such company.investors wait few days.
Jo
2.1. Jo  May 12, 2017 13:56
What about MEERA listing?
How much llisting gain is possible?
dark
1. dark  May 12, 2017 13:03
Applay kare ke nahi ? Kitna ritarns milega gmp he







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