Hi, Please avoid the IPO Rs765 is very high price.. It''s just an another UFO movies promoters are entering the capital markets is o sell the stake.. Please do not encourage these companies.
Negative networth and profitability means they r using their profits for their operating cash flow.as liabilties r more wrt assets profit is acting as a cushion to run airline.after ipo they will come out of this crunch but situation will not go for a long.better avoid and do not even buy after lising till 2-3 month.
Highly profitable still negative net worth interesting..... maybe promoters have take a big divided (not sure ) just guesstimate. Anyway Aviation is high risk high reward business had made mnay people billionaires and many people bankrupt therefore market generally does not reward the company with high PE.... and PE of 10 is generally.... so 400 was a fair price 700 plus is avoid better of buying HCl tech Tesco or Tata Motors..
Just on comparing apples with apple i would request people to look at Spirit Airlines they one of most profitable airline with same kind of top line and bottom line with market cap of 3 billion and Indigo is looking for 4,2 billion valuation which in my opinion is very very very rich so Avoid becarisk is very high given the industry plus profit margin is presently is very very high given crude price is all time low if this goes up then margin will hit big time.
Spice jet is any day better at 43/rs with new management and low crude price and their expansion plans than applying for Indigo at 700/rs.Be careful guys don''t get sucked into the hype.
right guy request to all our member to not apply such hugh primem ipo to teach cheater promoter and do as old prce band 425 so do not not nooooot apply
Incorrect amit shah. Airline industry have p/e of 6 and indigo has priced at 15 p\e so this isthe most expensive priced airline Ipo now. It is just greedy promoters taking advantage of this market. I can challenge it will remain underscribed in retail category and this will list at below isaue price if it manage to scrape through. Decide urself
Remember it have largest fleets At 765 its worth holding crude is not going to pick till 2016 So enjoy being part of this IPO
GMP 16-17
Kostak 2700 on 2 lakh application
All these rates are correct
3025 cr. Ipo Well.managed Co 640 Cr profits for Quarter July
Far better than Jet Airways Cash rich Company with No debt Lower Crude base making Solid performance for this Year
All these favoring this Giant company
18. PavanM| Link| Bookmark|
October 18, 2015 1:57:59 AM
IPO Mentor (500+ Posts, 400+ Likes)
TRUE..Airlines Stocks never gave returns to Retail Investors . I request all to avoid this IPO and I want to see the issue to be withdrawn . Anyways they cant revise to its fair value.
IM IN for Avoid Indigo Campaign. Even Cafe Coffee Day may not give loss to investors atleast in long term, but we shouldnt encourge such greedy promoters.
wow look at gut of promoters and company. this company is even worse than reliance power, DLF,MonteCarlo
Airline stocks are not at all investor friendly. this wil always play in people mind. all stock kingfisher,jet came and show huge profits before ipo and after ipo not a single airline stock has performed.
i would have thought 0 time even at price of 250 rs. forget about 700+.
hope retail investors does not becme fool again
infact you will see cafe cofee day performing well in long term and indigo wil erode 60-70% of investors wealth.
teach them a lesson guys.no single share to be applied which wil be good for primary and secondary market. remember if you subscribe ths bad ippo then sentiments will change and become bad for even good ipo in coming months
Govt.of India, Mr.Arun Jaitly, Fin.Minister You may cancel power to fix share premium, by company it''self. Before 20/25 years, the share premium was decided by Capital Controller, GoI, as per the company viability. At present, In major IPOs (including SME IPOs) Investors have lost money in high premium.
Jsgo Investor Jago, Otherwise U will loss money during listing.
What happened in Rel.power, UFO Movies, Jet Airways, ?
If, Premium is very much high, Don''t take risk to subscribee IPO, wait and watch on listing, will get a chance in discount price.
GoI may strictly consider to withdraw power to fix premium from company itself.
Hey agar main 10 ki chez 20 main bech rha hu aur koi line lgakar karid rha hai to GOI kya kare. It is not necessary product like petrol, food grain jiske prices govt, control kare.
Probably figure... Qib 5 time.. Hni 0.3 ...retailers 0.2 ...those eager for aviation stock should eyeing spicejet which is almost double in few month and now in profits... 6 months target 60..
company wait till ccd ipo suscribe they think loss making company suscribe full then why we not increase our price band from 425 to 765 to loot people they found many people are foolish who give 765 for book loss on listing day