Half yearly Eps 16.98 Full year may be 34 Pe is below 20 (Issue price 627) Peer sector low trading is Bharat Rasayan 26 pe So something left on table for investors. GMP also trading above 150 so we can apply on last day after seeing Qib figures
Hi Guys. Please let me know if it is worth investing in this IPO. And once investing what would be the best time to encash. Happy investing ! Thank you and have a nice/safe day. :)
34. Rafiq| Link| Bookmark|
February 17, 2021 9:19:48 AM
Top Contributor (400+ Posts, 400+ Likes)
I request all the learned participants in this group to make full use of this Forum and enrich themselves with the vast knowledge of experienced brokers/investors/advisors AND AVOID ANY UNHEALTHY COMMENTS ON ANY PERSON OR RELIGION WHICH MAY HURT SOMEONE Regards
BHAI KAI JAINS IS IPO MEIN APPLY NAHI KARENGE. PANI PIYO CHHAN K KHOON PIYO AAN CHHAN K. GHAR MEIN PEST CONTROL KARAYENGE, KITCHEN MEIN DRAIN MEIN COCKROACH H TO MAAR SAKTE HAIN . GHAR MEIN MOSQUITO KAAT RAHE HAI TO HIT ALL-OUT .
No GMP till the price band was announced. Great game played by the operators. Now Gmp rs 200 as per chanakya ni pothi after announcement of price band. As seen in RailTel ipo that Govt of india(promoters) increase the price band from expected Rs 80 to Rs 94 looking at GMP.
28.1. Brownsugar| Link| Bookmark|
February 16, 2021 8:11:08 PM
IPO Guru (3100+ Posts, 2800+ Likes)
That''s what i thought after seeing price band, gmp was hovering around 5-10-15 ....and the government took advantage of it..cheeky nirmala tai
The expected Price band was 595-597 and GMP was 267 and Now the Price band have been revised to Higher side to 627 and GMP fallen by 70 Points as Price is Increased by Rs.30
27.2. arunARUN| Link| Bookmark|
February 16, 2021 6:39:07 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Did you said same thing at time of Burger King. Many people still went ahead and applied
27.3. Brownsugar| Link| Bookmark|
February 16, 2021 6:57:41 PM
IPO Guru (3100+ Posts, 2800+ Likes)
Generalized speculation on behalf of forum and investors is such a no brainer thing to do. Be mature , Numbers Don''t lie and market moves according to numbers.
26. Eagleye| Link| Bookmark|
February 16, 2021 6:25:06 AM
IPO Guru (6600+ Posts, 21900+ Likes)
18th Feb – Announcement of Price Band 22nd Feb – Anchor Investors Allotment 23rd Feb – Offer Opens 25th Feb – Offer Closes 02nd Mar – Finalisation of Basis of Allotment 03rd Mar – Unblocking of ASBA Accounts 04th Mar – Credit of Equity Shares to Depository Accounts 05th Mar – Commencement of Trading
Heranba Industries IPO – Issue Information *(FINAL)*
Issue Opens on: 23 February 2021 Issue Closes on: 25 January 2021 Issue Type: Book Built Issue IPO Issue Size: 99,71,937 Shares Face Value: Rs.10/- per Share Issue Price: Rs.626 – Rs.627 Share Discount: NIL Market Lot: 23 Shares Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 3,90,56,530 Shares Fresh Issue of 9,56,937 Shares @627/- = Rs.60.00Crs Offer for Sale of 90,15,000 Shares @627/- = Rs.565.240Crs Equity Shares outstanding after the Issue = 4,00,13,467 Shares
Subscription required for 1X RII = 1,51,747 Forms NII = 93.79Crs
Heranba Industries IPO – Financial Information (Basis of Valuation)
The information is collated from the following documents: 1) RHP = Red Herring Prospectus Dated February 10, 2021 (383 pages)
EPS for FY17-18 >>> Rs.12.00 (Page #96 of RHP) EPS for FY18-19 >>> Rs.19.31 (Page #96 of RHP) EPS for FY19-20 >>> Rs.25.03 (Page #96 of RHP) EPS for H120-21 >>> Rs.16.98 (Page #96 of RHP)
RoNW for FY17-18 >>> 29.80% (Page #97 of RHP) RoNW for FY18-19 >>> 33.05% (Page #97 of RHP) RoNW for FY19-20 >>> 30.47% (Page #97 of RHP) RoNW for H120-21 >>> 17.39% (Page #97 of RHP)
NAV as on September 30, 2020 was Rs.97.62 (Page #97 of RHP)
Listed Industry Peer Group (Page #97 of RHP): Rallis India, Sumitomo Chemical India, Bharat Rasayan, Punjab Chemicals and Crop Protection