it cannot be at 152 the issue size 1400 cr to 1500 cr plus and number shares is 3.4 Cr Approx so the IPO price band should be more then 425 to start with
The last day of Bidding Application is 21st July The Unblocking of fund of Salasar is also on 21st July So it is better to Apply Cochin Shipyard because it will be less in Subscription
flat growth flat listing if management say growth will be great or better then good IPO Market rewards growth however cochin shipyard growth has just not there if you look at 2013 to 2016 is flat line in you account for inflation you will get negative growth in bottom line. Like all PSU not sure how well this PSU is run in state which is has big labour issue. Government should bring this issue a attractive rate i know made in india and GST will benefit CSL. order from oversea market will be limited given japan china south korea dominate this sector.
However repair contract is more lucrative then ship building IMO the issue price should be attractive if not one can spike this IPO. let wait for the issue price band and then do more analysis on this issue. From my source i have learnt the price band is around 400. Which is fine in some circle they say it 460 which is expensive IMO the issue price should be around 350-360 give 20% upside to investor
let see the price band CSL comes with
just another important factor if the management says the growth in coming years will be great and not flat as it was between 2012-2016 then we can better valuation let wait for company future plans
Septa sir, I think after 10 long months journey of gna started towards north and very soon it will establish its new trading range....please put some.light on it... Sir, are you still holding D MART ???
27. R R Patel| Link| Bookmark|
July 12, 2017 10:28:18 PM
IPO Mentor (800+ Posts, 3400+ Likes)
According to sources- Cochin Shipyard Ltd. IPO may open on July 24-26, 2017 and price band may in b/w 410 to 440 approx with lot size 35 or 33. For retail investors discount will be Rs. 15 per share.
If price 410 and after discount it will be 395 then slightly higher side but for 440 it will be costly.
So let''s wait and see the official announcement for some hope........
brother n sister it''s band price would be 441 to 450 and it premium will be 100 to 150....equity will be 38 shares
26.1. ShareView| Link| Bookmark|
July 12, 2017 8:16:06 PM
IPO Guru (2300+ Posts, 3600+ Likes)
38 × 441 = 16,758 38 × 450 = 17,100
Sir , application amount exceeds 15,000 at lower & upper both price bands. Market Lot should be 33 at upper price band. At 450 price , 100 - 150 Rs. premium is too much
🙏👍
25. P M| Link| Bookmark|
July 12, 2017 5:48:08 PM
(1100+ Posts, 1100+ Likes)
Fake dates Displayed by some members about SBI Life IPO
Still SBI Life not filled Draft Documents (DRHP) to Sebi, it will file in next few weeks The IPO may come late 2017 or early 2018
In run up to the IPO SBI Life Insurance has kept only baby steps . Still way to travel . As you pointed out may be late 2017 or early 2018 provided no hiccups
Many fraud people are using name of egal eye and created own whats app group .as investor i said be alert. Chittorgarh egal eye is genuine & never create whats app group. Fraud logo se bachana.hard earning money chali na jaye .