Garden Reach Shipbuilders & Engineers Limited IPO Message Board (Page 6)

Big Avoid
I am staying away.

Some how no GMP activity in this Ipo
I can't find reason
(Rajkot or anywhere)

Bad performance of past defense sector Ipo may only matter

https://www.indiainfoline.com/article-amp/news-top-story/shri-bajrang-power-and-ispat-files-drhp-with-sebi-118091200407_1.html

https://economictimes.com/markets/ipos/fpos/shri-bajrang-power-and-ispat-files-for-rs-500-cr-ipo/amp_articleshow/65787099.cms

https://www.moneycontrol.com/news/business/markets/shri-bajrang-power-and-ispat-files-drhp-with-sebi-to-raise-rs-500-cr-via-ipo-2952171.html/amp

भाईयों इश्यू कैसा है ,जानने का मेरा सीधा सा गणित है ।
सित.18 मे सित.17 के डाटा दिए है क्या मार्च 18 की
क्लोजिंग नहीं हुई । रिवेन्यू बढ कर 6माह मे 5गुणा ।
आर्डर बुक 5 वर्षों के लिए 20000 करोड प्रति वर्ष 4००० करोड़ 2224 कर्मचारियों एवं अधिकारीयों की लम्बी फौज
शुद्ध लाभ 3% वह एक बार की वेतनवृद्धि मे खत्म ।हो सकता है कहीं त्रुटि रह गई हो ।पर इसबार जम नही रहा । सब्सक्राइब कितना होगा फर्क नही पडता APOLLO MICRO का हाल देखे ।

Correct calculation.

Issue Price Bhi Mayne Rakhta he Bade Se bada IPO Pit Jata he Issue Price Ki Wajah Se
Whats Your View

My View
I Think This IPO Is Giving good listing Gain And Profit more then IRCon

AFL : 25 - 27 SEP
GMP : 120 - 125

For details visit AFL page

शेयर का इश्यू भाव कहीं पर नही दिखाई दे रहा
आप ही बता दें । धन्यवाद

*Garden Reach Shipbuilders & Engineers Limited IPO update*

Dates: *24th to 26th September*

Issue Size: *2,92,10,760 Shares*

Employee's Reservation: *5,72,76 Shares*

Net Size : *2,86,38,000 Shares*

Net Size (Amount) : *337.9284 Crores*

Price : *Rs 115 - Rs 118*
Bid Lot : *120 Shares*

Retail & Employee Discount : *Rs 5 Per Share*

*QIB : 50%*
*NII : 15%*
*Retail : 35%*

Retail Requirement for 1 time: *83,528 Applications*

BRLM : *IDBI Capital & YES Securities*

Registrar: *Alankit*

kumar s see first reply of mamu .......after type msg.....or galat kaha kuch likha he ..........pahle check karo esa hi kaha he......admin ne bi page me likha he 5 rs discount likha he ........or mamu bole kaha se laye ho......ham nahi laye he .......company ne diya he.......

@ Sonal Patel Choru Kachoru Thai Mavtar Kamavtar na Thai Jatu Karo sov no sath sov no Vikas

I have to apply for one ipo, ircon or garden reach . Which is better only for listing gains.

IRCON : 2.1 % Discount
GRS : 4.2 % Discount

GMP : IRCON 40/45 , i.e almost 10 %
If GMP of GRS is more than 10 % or more than 10/12 Rs. ; then apply GRS.

Wait for tomorrow for GRS GMP

Dear Jd Patel
Both the issues tough allotment.
Apply Ircon
Ircon refund may be utilize for Garden. On fourth working day Karvy unblock ircon fund on the same day Garden closing date.

Dates clash between IRCON & G.R.S???

Only way out
I will apply GRS in offline (physical) mode
So it will clear after 1-2 days that's how I can utilized funds of IRCON refund

karvy usually unblocks in time before 3 p.m and the last day cut-off time to apply is also 3 p.m in almost all banks except SBI kotak and Rajkot bank which has 2 pm.If applying from these banks , then dont take risk.Be ready for the fund.

Very unconsistent performance on financial front

Any GMP?

Total revenue 585 करोड मे शुद्ध लाभ 18 करोड
लगभग 3% कभी भी नुकसान मे आ सकती है ।सरकारी कम्पनी का कोई भरोसा नहीं खर्च बढता जाता है, औरआय कम होती जाती है। BEL,BHEL,SCI जैसे बहुत उदाहरण है

What is the view on Garden Reach Shipbuilders? Should one apply for it or go for more chances in Ircon International?

Garden Reach Shipbuilders & Engineers Limited IPO - Opens on 24 September. Closes on 26 September. Issue Size - Rs 339.39 crores. Retail Size - 83,527 RII lots.

Garden Reach IPO - On 02 January 2018, there was a buyback of equity shares at the rate of Rs 83.58

Garden Reach Shipbuilders & Engineers Limited IPO - As per DRHP, there is a retail discount & employee discount - Please wait for the RHP & price band.

Ircon International:

Listing gain is possible because asking price is attractive. Government set IPO price very reasonable same as RITES IPO.

On listing or near term after listing it should trade at P/E of 14-15. Trading price should be 550 - 600.

One should not forget that this is government company and listing should not be like HDFC.

To Kumar s thanks for reply

Hello friends, kindly suggest names of such companies which will be coming with IPO in next few months, and whose parent / promoter company is already listed. i can buy one share each of 50 parent companies, even if 5 of them give reservaion of shareholder quota, it is worth it.

hi mahesh

in theory what you say is correct but usually listed cos bring their stocks at full valuation hence there is not much scope left.

however in case one gets something like HDFC AMC which was 25% below its intrinsic worth then it is a lottery,

regards

Worried for your petro-budget ?

https://www.sptulsian.com/f/cf/THE-POLITICS-OF-RISING-PRICE-OF-PETROL

https://www.sptulsian.com/f/cf/Rs70-THE-NEW-NORM-FOR-INDIAN-RUPEE

Great Co, Attractive Pricing, Professional Management...
Quality PSU....
May be proved better than NBCC

Kindly read this comment for IRCON

The initial public offering (IPO) of railway PSU IRCON International will hit the market on September 17 or 18. Around 1 crore equity shares of the face value Rs 10 each will be on offer.

While the government plans to divest 10% of its stake in the construction company via the IPO, employees will be offered around 5 lakh equity shares over and above of what is available for the public. The IPO is likely to fetch the government Rs 500-600 crore.

IRCON International was incorporated in 1976 by the government and the firm specialises in railway and highway construction, EHP sub-stations and mass rapid transit systems. While the company has so far completed around 300 infrastructure projects in India and more than 100 projects overseas, its overseas portfolio has gone down of late. "Three years back, almost 50% of the company's turnover used to come from abroad. Now, that share has gone below 10%," said a source.

The firm executed projects in Malaysia, Nepal, Bangladesh, Mozambique, Ethopia, Afghanistan, Algeria, Sri Lanka and the UK. According to the source quoted above, IRCON is competing for projects in Malaysia and Sri Lanka.

The IPO will contribute towards the government's disinvestment target of Rs 80,000 crore. So far this year, the government has raised Rs 9,220 crore, or less than 10% of the annual target. The poor disinvestment performance is partly because the government's plan to sell Air India did not fructify.
The government is expecting the IPO to do well on the stock exchanges as the response from investors was good during the road shows, the source said.

This will be the second railway PSU to be listed in this financial year after RITES was listed in July wherein 2.52 crore equity shares were offered and the government received around Rs 460 crore. The other railway PSUs in line to be listed include IRFC and RVNL, whereas IRCTC has been put on hold as the business model of the company got affected as it stopped charging service charge from consumers as per the government's direction post demonetisation.

https://www.financialexpress.com/market/ipo-news/railway-psu-ircons-ipo-to-hit-market-by-september-18/1304030/lite/