Cochin Shipyard Ltd IPO Message Board (Page 94)

APPLY BEST

open-26-7-2017
close-28-07-2017
issu-prise 424
lote-35 share
CICHIN SHIPYARD

APPLY OR AVOID ?

when IPO will come.....

I wish this IPO came at 345...........
So the IPO price is out or at least that is what informed circle are saying so based on that retail level 424 is IPO price which is 5% more then expected line however would have like it 15% lower . fundamental at 424 it is almost fulling price so the GMP of 85 will not stand IMO. It is PSU completely dependent of government work very flat growth like many PSU technically very out dated compare to world leader in a state labour strong state like kerala. IMO this a weak IPO with up side of 10% to 20%. However given the last IPOs return to could be list at 500 plus.

However it will not list at discount at least government does not want this to happen IMO the price should have been 350-360 given investor good return may be even government is getting greedy. HNI will avoid this IPO as cost and return will be risky so it HNI is not oversubscribe one can apply with ur own funds so if it falls u do not need to sell ur wife jewellery. Also another thumb rule use ur money and use only 2to 5% of total money. say u have Rs 100 invest max Rs 5 in HNI

Initial Cash Flow:       Rs 2,80,00,00,000.00                   
                        
Years:      1-5      6-10            
Growth Rate:      20%      15%            
                        
Terminal Growth Rate:      5%            Discount Rate:      10%
                        
Shares Outstanding:      13,59,36,000            Margin of Safety:      25%
Debt Level:                        
                        
Year      Flows      Growth      Value      
1      3,08,00,00,000       10%       Rs 2,80,00,00,000.00       
2      3,35,72,00,000       9%       Rs 2,77,45,45,454.55       
3      3,62,57,76,000       8%       Rs 2,72,40,99,173.55       
4      3,87,95,80,320       7%       Rs 2,64,98,05,559.73       
5      4,11,23,55,139       6%       Rs 2,55,34,48,993.92       
6      4,31,79,72,896       5%       Rs 2,43,73,83,130.56       
7      4,49,06,91,812       4%       Rs 2,30,44,34,959.80       
8      4,62,54,12,566       3%       Rs 2,15,77,89,098.72       
9      4,71,79,20,818       2%       Rs 2,00,08,58,982.45       
10      4,76,51,00,026       1%       Rs 1,83,71,52,338.44       
                        
                        
Terminal Year       Rs 5,00,33,55,027.16                   
                        
PV of Year 1-10 Cash Flows:                   Rs 24,23,95,17,691.73       
                        
Terminal Value:                   Rs 38,58,01,99,107.14       
                        
Total PV of Cash Flows:                   Rs 62,81,97,16,798.86       
                        
Number of Shares:                  13,59,36,000       
                        
Intrinsic Value (IV):                   Rs 462.13       
                        
Margin of Safety IV:                   Rs 346.60       
                        

Septaji

As per Discounted Cashflows Model, the intrinsic value comes around Rs.462 & the listing expectation is in the range of 500 to 550 considering the GMP. What will be your strategy for tomorrow ?

Guruji say something about PCL

APPLY OR AVOID ?

Apply Online IPO though asba by following steps

SBI Bank - http://miranifinance.blogspot.com/2017/07/how-to-apply-ipo-through-asba-sbi.html

HDFC Bank - http://miranifinance.blogspot.com/2017/07/how-to-apply-ipo-thorugh-asba-hdfc.html

Union bank - http://miranifinance.blogspot.com/2017/07/how-to-apply-new-ipothrough-asba-in.html

Kotak Bank - http://miranifinance.blogspot.com/2017/07/how-to-apply-ipo-through-asba-from.html

anylink for ICICI

Shalby Hospital IPO is approved by SEBI.

Issue Price: Rs.424 – Rs.428 per Equity Share (QIB & NII)
Discount: Rs.420 – Rs.424 per Equity Share (RII & Employees)

does this mean 4 Rs. discount only to RII and not 5%?

This IPO of CSL is worth applying if it is priced at Rs 90-100 only. Hope, the govt takes this into account.

Bro, do your mathematics before posting. How can govt sell the shares below 100 when its price is coming near to 425-450 according to size of issue & shares offered .

Anyone having Demat with Cash Cow? I have to open a new Demat account. is it reliable? Please suggest

GOVERNMENT HAVE CLOSE TO 100 UNLISTED PROFIT MAKING PSU WHICH THEY WANT TO LIST IN COMING YEAR FROM AIR PORT AUTHORITY TO WESTERN COAL FIELD.

SO GOVERNMENT SHOULD PRICE THE ISSUE ATTRACTIVELY LIKE HUDCO AND NOT GET GREEDY WITH HUDCO''S LISTING SUCCESS.

LET WAIT AND SEE HOW THEY PRICE THIS AGGRESSIVELY OR MODERATELY

Thanks sir

how much price band for cochin?

Please GMP?

EGLEYE JI AU SFB SELL/HOLD KARNA CHAHIYE PLEASE SUGGEST ME.

Septa ji
with RS 428 price as mentioned by Eagleye
what is you view on the issue price
whether some thing is left on table to apply

all shipyard stock avelable under 100..

i think no fency creat this ipo

Gmp quated in chd rs 100 .....on expected price of 420 rs lot size 35.....after retail discount.....kosak is 600 rs

After tsunami of AU I decided not to argue over GMP 😊

Hahaha gmp already started in chd

Whom can i trust that... One person says its open on 19/7, second person says its open on 26/7.

Do not believe anyone - believe only official announcement. The posts may help you to prepare for the IPO a little early.

26/7 seems to be realistic

Dear All,

kindly please note that:

eagle (40607) ... is NOT the same as ... eagleye (9583)

Ok thanks for information.

Stamp of ipo guru is enough

That goipo site is posting fake news of ipos.
Our govt. is not so big-hearted who can give more than 50 % discount and offer at 155 rs. In fact 5 % discount on offer price is also a rumour.
Same thing happened in HUDCO also if you remember.Offer price increased from 50 to 60 & discount decreased from 5% to 2 Rs only.