J Kumar Infraprojects Limited IPO Message Board (Page 4)

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it will give return on listing

and if one is long term player for 2 years

it will give unexpected returns you cant think of

Source:- Internal

ADD

KNR Constructions

KNR Constructions, an infrastructure project development company providing engineering, procurement and construction services across various fast growing sectors; viz., roads & highways, irrigation and urban water infrastructure management, will enter the capital market soon with an initial public offering (IPO) of 7,874,570 equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process.

The issue comprises a net issue to public of 7,734,570 equity shares of Rs 10 each and a reservation of upto 140,000 equity shares of Rs 10 each for cash at a premium. The issue and the net issue will respectively constitute 28.00% and 27.50% of the fully diluted post-issue equity share capital of the company.

The equity shares are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.

The proceeds from this issue are intended to be deployed for further equity investment in BOT projects, purchase of capital equipment and for meeting working capital requirements.

As on June 30, 2007, it has 24 projects on hand across various states in India covering Uttar Pradesh, Madhya Pradesh, Assam , Andhra Pradesh, Karnataka, and Tamil Nadu.

The estimated unexecuted order book position as at June 30, 2007 was Rs 12,729.84 million, which is approximately 4 times the operational income of FY 2006-07 on consolidated basis. The company's operating income (consolidated) increased to Rs 3, 244.16 million in Fiscal 2007 as compared to Rs 1,293.26 million in Fiscal 2005. Its restated profit after tax (consolidated) increased to Rs 202.64 million in Fiscal 2007 as compared to Rs 46.74 million in Fiscal 2005.

The company has successfully completed major projects such as: a) the four-laning of NH-24 from Km.27.643 to 48.638 and construction of the Hapur Bypass in Uttar Pradesh; b) rehabilitation and upgrading of Surat-Manor section of NH-8 (Gujarat); c) widening to 4 lanes and rehabilitation of existing 2-lane carriageway of Krishnagiri-Vaniyambadi section of NH-46 (Tamil Nadu); d) widening to 4/6 lanes and strengthening of the existing 2-lane carriageway of NH-5 in the state of Andhra Pradesh from km.178.00 to 222.00 (Nellore-Kavali) in Andhra Pradesh; and e) major maintenance works under Uttar Pradesh State Road from Azamgarh to Ghazipur.

The book running lead manager to the Issue is Axis Bank Limited.

can i have the grey market price ?

All newcomers just and dont get involved from free falling market DONT PUT YOUR FINGER AND GET BURNED.

I am not sure but...with this kind of over subscribtions going on you may get 1 lot and thats if you are lucky on big ipo's but if you apply in small ones you may get more allotment and get more profit.

Any views?

Those who think and new bees who wonder why the market is falling...here is the news ! pls note that big financial instituions in usa have already written off more than 10b $ and alot more being done this year ..bear stearns , ubs , citi , merill, and the list just goes on in subprime

As big comp has done a loss of 10-15 billions dollars that means we are talking of losses in trillions of dollars over all and thats big !

Is any indian company here to buyout these US investment banks now ???? one more corus ?

hi,
if we are entering bear market will this issue hold its issue price? or whats the bottomline?

Can some one give me the Equity & Book Value og JKumar infra?

I think J Kumar and Cord Cable will prove to be dark horses. They will give much better allotment and return as compared to Rel Power and Furture. In the past issues like Burnpurn and Airies gave much more return than other issues. Pl correct me if I am wrong.

18. ashish g
Please clarify on the details given @
http://www.jkumar.com/pdf/profit_loss.pdf

Mr. 18. ashish g
can you plaese give the source of info for the details you have mentioned

Best ipo in indian share market history is EMAAR. But equity low purchase at listing. For company point of you cords cable. J kumar is ok. Issue all.

should i go for this ipo. please somebody throw light on this ipo

Its to much of RELIANCE IPO. Now talk about J.Kumar, Cords and Emaar IPO friends........

how does the grey market thing work with the IPO applications? can anyone tell...

The company's total networth on 31st March 2007 as on website is :2,137.14 (Lacs).Seems like they are making profits this IPO might be good for short term gain.

This is a great ipo........

The company’s total income increased to Rs 113.36 crore in 2006-07 (Apr-Mar) compared with Rs 3.03 crore in 2004-05. Profit after tax increased to Rs 8.01 crore in 2006-07 compared with Rs 4.39 lakh in 2004-05.

Its order book, including some uncommenced projects and the unfinished and uncertified portions of its commenced projects, was Rs 315.31 crore as of June 1, 2007. Income from operations increased by a compounded annual growth rate of 234.35 per cent and the profit after tax has increased by a compounded annual growth rate of 471.51 per cent over the last three years.

any knowledge of grey mkt rate of j.kumar infra for application of 1 lakh

u r absolutely right ARTIji,there r few people who ask anything on the name of democracy instead of asking some logical thing.

Not heard about this company earliar. better to avoid it.

what is premium for j kumar

what gray market rate of j.kumar infra application amout 1 lac