Bharat Wire Ropes Ltd IPO Message Board (Page 3)

septaji which ipo u look fine ? Bharat wire or inbeam ?

https://youtu.be/6QJYSBjWx50


Watch this Septa
This can be a good IPO for short & medium term.
64 Acre of land

Even many operator are behind this. They can put this on any side.
It can give 20% return or 20% loss.

spec bet

gmp
Bharat wire.....4
app.rate......400
with confident subscribe

infibeam........30-32
app.rate.......550.

Same
Infibeam here is Rs. 27-29

What is the subscription figure?

What is the QIB subscription boarders, where we can safely apply in this IPO ?
if it is above 5 at 1pm last day can we apply for this one ?
I have been more successful in secondary market, But IPO''s got it wrong with PCL and quick heal
I am more focussed on making gains here :)

will u apply to bharat ropes septaji ?

septaji what is fair value of bharat wire ?

since these big broker hohave brought share at 55 and 165.... operator r hoping that they will manage the show and increase the share price given the small float it will be easy to do. If this happens chance of this dog giving good return is possible even ten rupee gain is 22% return. Also looking at the interest from MF and HNI this issue will sail with out any problem....

Bharat Wire Ropes IPO to open on Friday

Maharashtra-based Bharat Wire Ropes Ltd will hit the primary market this Friday with its Rs. 70 crore initial public offer. The company, which manufactures wire ropes for industries such as power transmission, suspension bridges, oil exploration, mining, defence and railways, will be issuing equity shares of Rs. 10 each face value at a price band of Rs. 40-45 a share. The company is valued at Rs. 200 crore.

In October 2012, Motilal Oswal and Raamdeo Agarwal of the eponymous financial services company bought 6.25 per cent of the company for over Rs. 10 crore in their personal capacity through Passionate Investment Management Pvt Ltd at Rs. 55 a share for a valuation of Rs. 165 crore. Since the IPO is entirely a fresh issue, they still continue to stay invested in the company.

The proceeds from the public issue will be used to build a 66,000 tonnes per annum plant in Chalisgaon, in Maharashtra''s Jalgaon district. The project is expected to cost Rs. 507.18 crore. The company has tied up with seven banks for funds of up to Rs. 330 crore. The company''s existing facility at Atagaon has an installed capacity of 12 tonnes a year.

Only 10 per cent of the net issue is reserved for retail investors since the company does not satisfy capital market regulator SEBI''s profitability track-record.

The minimum bid lot is 300 equity shares and thereafter in multiples of 300. The issue is open on the three trading days from March 18-22. Intensive Fiscal Services Pvt Ltd and BOB Capital Markets Ltd are the merchant bankers to the issue. The shares are proposed to be listed on the BSE and NSE.

Septa sir,
so bwr apply or avoid..?

Look at QIB n NII subscription figures? Am I missing something that these guys r seeing?

Please take note of new project is under PSI 2007: mega project where company will be entitled of VAT exemption on its sales for next 12 year to the extent of 100% of eligible investment. The project cost is Rs. 507 Crore. One can easily guess about cash flow benefit in the form of VAT exemption approx Rs. 450 Crore easily

so from where would they get the money stock hawk in 2012 the tried however did not get any bank finance so the project was scarped... dream on mate

No anchor investor for this issue

Issue below 250cr don''t need anchor

septaji how to compute fair value of bharat wire other co like finolex cables and shilpi cable are computed on price to book value

Todays subscribstion figure ?

guys apply to all ipo at your own risk bharat wire rope look over price i may not apply to it

guys if qib portion more than 15 times subscribe i apply to this ipo last day any gmp for this ipo ?

Applying 3 application in this IPO.

Dear septa
What is happening to precision camshafts, after dividend declaration ,it further downside
Any negative or why people taking negative to declare dividend.

presently market does not like precision camshaft corporate governance is the issue...directors big pay has not gone will with market. I am also surprised with the downfall on low volume. Only few quarters of good result will have some impact on this share.

guys subscription figure look good ?

ok but how to value bharat wire ? Its net profit margin 2 percent so eps method not useful then price to book value good method ?

septaji considering book value of 24 rs how much fair value of bharat wire ?

BV is not everything tata steel Bv is 685 and share is only 300

Tks Septaji for ur comments on Snowman. Actually, I was looking for a cold chain player to invest given my interest in supply chain & logistics. Yesterday, I saw the CEO''s interview on CNBC just after IPO- he was very elusive & couldn''t give any figure for Sales/Margin growth for 2015...maybe ''coz it could deflate the stock price which was, as u mentioned, trading at 70% premium at that time. I am continuing my research & aim to invest very soon. Just wanted to check with u first.

Have u observed anything particularly negative about this Company/Management in these 1.5 yrs?

Of course, they have not kept up with the expectations, but this happens with many successful IPO. So, I blame our crazy expectations rather than Company itself.

IMO we have got this cold storage business or infra complete wrong last report said we need 3.5 MMT in this regards with private and government have started building the infra.... However i think we r building wrong infra. Food need to store ASAP from farm to cold storage should be done at smallest lag time. more then this infra we need cold cain storage which can pick the extra produce directly from the farm i think this model is pack homodel. Snowman is building capacity however the gap reefer vehicles and ripening chambers in different parts of the country to implement farm-to-fork connectivity is it problem The cost of having the stock stored is expensive and have a cold storage is still more expensive and not have produce to store is bleeding snowman. However with govt focus on rural india we may see increase in production which would be positive for snowman and once they reduce the gap we could see so increase in topline and margin

One thing we need to remember market general take time to reward the stock which have not given promise result so it will take some time and GST bill will also give it a leg up

Thanks.
A not-so-good/bad monsoon, like last year, could impact companies like Snowman. I''m counting GST & a good monsoon this year as ST catalysts only. My horizon is long enough to give Snowman a fair chance to eventually perform. I see good potential in this area. They have the largest pellet capacity as well as Reefer fleet. The only ''threat'' is Management- I have not yet made my assessment about them. If they aren''t visionary this headstart will fade away very quickly. So, I''m bullish on Sector & the Company as it stands but will invest only when I am confident about the Management.

Regarding Infrastructure, I think we have made a good start on all fronts- Roads, Rail, & Coastal Shipping. India (especially Make in India) would be ready to take off once this ''backbone'' of infra + supply chain/logistics + fresh debt cycle (cleaned up banks) is in place.