D P Abhushan Ltd IPO Message Board (Page 7)

What is subscription status till now?

looks good but Hem securities......is only worry....

Fear of hem securities is rubbish.
How the share price does move totally depends on company fundamentals.
Hem handles most of the SME''s. Many of the SME''s are of very weak fundamentals and have made losses. And some people have blamed Hem, thats unfair. But there are some good companies too(VSCL and others) which were good and rewarded the investors, and it was managed by Hem. Lexus, Worth, MPtoday, cadsys would have done well equally if handled by Hem.

I TOO WILL AVOID ISSUE BECAUSE OF HEM SECURITY

WHY COMPANY APPOINT HENM AS LEAD MANAGER WHEN IT IS NOT LIKED BY INVESTOR BECASUE OF THIER PAST PERFORMANCE

I HOPE COMPANY PROMOTER WILL TAKE CARE WHILE APPOINTING HEM AS LEAD MANAGER

BIS Halmark banned for DP till 2019.
Mostly all the jewelry in present market with BIS mark only
But financials of DP looks good only
hence whether better to Bid for this IPO or avoid.

The debt equity ratio makes be uncomfortable. I would have gone after it otherwise. PE was lucrative however how many companies turn around from a Debt/Equity ratio above 3. It''s in wind energy and sooner or later you will see them selling non core business. We currently don''t know which business give more profit - Jewellery or wind energy. When in doubt, avoid.

good SME ipo. jewellery sector is good

Lead manager Hem sec. biggest
minus point for company. Majoriti ipo handled by hem sec. went drastically below issue price.
Ex. Shanti. Survein bpo many others.
So beware of hem sec.
There r many other oppertunities for your valuable money.

Why I will avoid this IPO:
Large number of litigations including cancellation of BIS Certificate till 2019.
High Debt Equity Ratio.
Profit margin is low.
Last but not the least is Hem Securities.
I don''t know whether it will give listing and post listing gains or not but to me it''s a risky iPo. So I am avoiding it to preserve my capital.

I agree. I am avoiding too!

PATDIAM JEWELLERY issued at Rs. 38 and open 58 and now 91 in year sep-2015 equity 13 lakh. Profit margin not good as compared to DP.
Veeram ornaments issued at Rs. 45 open Rs. 42 now Rs. 68 in year dec-2016 equity 13 lakh. Profit margin are worse as compared to PATDIAM.
Penta Gold ipo come in September-2017 and subscription of RII is 0.50% and NII subscribed the issue. Later issue WITHDRWAN by the company. Issue price Rs. 35 equity 32.6 Lakh On performance front, for last four fiscals PGL has posted turnover/net profits of Rs. 838.26 cr. / Rs. 1.38 cr. (FY14), , Rs. 250.02 cr. / Rs. 1.58 cr. (FY15), Rs. 244.92 cr. / Rs. 1.78 cr. (FY16) and Rs. 237.58 cr. / Rs. 1.69 cr. (FY17). DP is in wind power business also. On performance front, DPAL has posted turnover/net profits of Rs. 409.45 cr. / Rs. 2.15 cr. (FY14), Rs. 459.89 cr. / Rs. 1.31 cr. (FY15), Rs. 488.22 cr. / Rs. 3.25 cr. (FY16) and Rs. 453.71 cr. / Rs. 4.88 cr. (FY17). If compared with others its profit margins are far good but equity is 59.3 Lakh shares and issue price Rs. 28. Please send your comments please

Lone ranger and ultrasonic please send your comments on dp abhushan as profit margin of this company are very good and issue price is only Rs. 28.

i want to tell each end every person whose avoid ipo after seen ipo register or ipo managed that pretty wrong thiking if you want ot invest in any ipo that totally depend on the company fundamental''s.....so dont scaring peple by above mentioned think.

Note:-A veey good decision of government that No need of pan card for purcahse the gold jewellery up to 2lac. !!!
the point will bring very positive effect on the subscription of this issue..

Hey Here every one, can any on please guide me , with the GMP of DP Abhushan as i cannot find it anywhere on internet? is it even in demand in Grey Market?

Dear Friends,
Please guide me the listing gains of the IPO
Thanks and Regards
Manish Jain Delhi

This message has been removed by a moderator.

New to SME investing.Any grey market premium for new SME offerings?

If you look at Hem Security, only 1 out of last 10 IPOs opened at discount

This IPO seems to be reasonably priced...

Look for share india price. It is also manage by hem sec. One thing to be notic when registar agent is bigshare look ipo listing gain like lexus, worth, share india.

IT IS AGAIN HEM SECURITY KNOWN FOR LISTING DISCOUNT
SO AVIOD. BECAUSE OF HEM SECURITY