Jaypee Infratech Ltd IPO Message Board (Page 26)

Chalega,,lekin thodi dher se...slow and steady..like adani and JSW

NAV of Nitesh estates is 50.Its P/BV=1.77(based on book value of 33.7) which is ok compared with peers.At the upper band of Rs 56, the stock is valued at a P/E of 83.4x based on its post issue FY10 annualized EPS of Rs 0.7 . As compared to its peers the company is steeply valued on P/E basis, which are trading in the range of 20.8x-45.5xIt has a limited track record and operates mainly in the city of Bengaluru in the highly competitive mid-income housing segment. It is venturing into new geographies and new segments which pose a significant execution risk.

So basically what is great & unique about this company compared to other listed peers which are bigger & cheaper?Why promoters dilujting their stake from 84 to 41 % & selling out?
Just think about it.

Always we saw gap between lower and upper price is near about 10% but here is 15% (102/- - 117/-). Think why. Giving 5% discount to the retail investor also why. Is this right priced " IPO " . or is this again any indiabulls power,adani power, nmdc, shree ganesh, Goenka. Financials are also not very strong.

This is the question asked in a interview with Manoj Gaur of JP Associates -----
Q: What kind of valuation are you looking at for Jaypee Infratech? Rumour has it that you are looking at about Rs 13,000-15,000 crore enterprise value whereas analysts are valuing the company at about Rs 8,000-10,000 crore, so why this disconnect?

A: A: I have not heard such rumours. I can say only tell you about our estimate because ultimately people have their own perceptions, understanding and analysis. This is a company which is going to have twin revenue stream. There is going to be a toll from the expressway and this is an expressway linking Agra. So expect a healthy topline from a toll collection. Then there is a real estate part of it, which is all along the expressway at five locations. This is not a mere township, they are five cities, 1200 acres each.

So basically that is the difference between company's valuation & analyst fair value valuation(13-15K cr vs 8-10K).JP's stake post issue will come to 82 from 99.1 percent.
You can decide for yourself whether it is coming cheap or not.

Complete interview of Manoj Gaur on NDTV profit wherein he discusses about prospects & further revenues expected from Yamuna expressway can be seen at http://www.tubaah.com/details.php?video_id=116754

Dearest Investors - Do not apply in any current IPO's becasue all company are making money -
Only this time is to invest in Banking shares. Today announced ICICI bank result are very excellent, on monday ICICI bank will open 1000+ SBBJ will open 550+ , HDFC bank 1900+ , SBI 2300+, PNB 1050 +, OBC 350+, Axis bank 1290+ go long on delivery basis.

CARE HAS ASSIGNED GRADE 3 TO THIS ISSUE WHICH MEANS AVERAGE FUNDAMENTALS.

GMP abhi jp infratech ka +2.5% to +3.75% at upper band.

what is the credit rating of jp infratech by a credit rating agency such as crisil?

What is the credit rating of JP INFRATECH by a credit rating agency such as CRISIL?

kya koi bata sakta hai jp infra ka primium kya hai?
ipo me paisa lagana chahiye?

can anybody tell me about the eps&pe valuations of jp infra who knows it is second jp hydro only show.

DEAR ALL, how much is the current eps N EXPECTED EPS FOR MARCH 11,MARCH 12 FOR JP INFRA.ANY NEWS ABOUT ANCHOR INVESTORS.HOW IS ON VALUATION FRONT.BUT THE PROJECT EXECUTION TRACK RECORD OF JP GROUP IS EXCELLENT N SECOND ONLY TO RIL IN MY OPINION.

sreedhar n gemipoji,

i do trade in secondary as well but not much as i use loan against share a/c.as such one gets a sure shot returns in ipos but one has to be choosy.

amongst secondary i hv purchase brahmaputra infraprojects which cud be a potential multibagger.its market cap is only 80 crpre but sales touching 160 crores n pe only 6.

tara appears to be good bet but lets wait for pricing alongwith pnc infra n glenmark generics.

gem ipoji if possible go thru drhp of tara n advise pl

Present GMP for those who had requested---

Talwalkars Better Value Fitness Ltd.
Price band-123 to 128
GMP-- 18 to 20
Kostak--1600 to 1700

Nitesh Estate
54 to 56
2 to 2.50
1700 to 1800

Tarapur Transformers
65 to 75
5 to 6
1750 to 1800

Mandhana India Ltd.
120 to 130
9.50 to 10
--

Sutlaj Jal Vidhut Nigam

(SJVNL)
--
2 to 2.25
1700 to 1800

Source--Smartinvestmen
@in,Greymarket@co@in

Dear GEM,
Once a company files for a DRHP I go through it & form an opinion about it there itself.Tara started in 2001 as a cattle feed company & only in 2008 farayed into oil business.Then how does it use byproduct of oil extraction as animal feed?I am excited by its primary business of animal nutrition which is very lucrative as with ever increasing milk prices there will be huge demand for such products which increase the yield significantly.It is the market leader in developed agrarian states like Punjab.

Excerpts from Company's website---
Today, our company has its manufacturing facilities located in Malerkotla, Punjab and Sitarganj, Uttaranchal.

Cattle feed, our flagship produce, is manufactured at both the facilities. A variety of products are generated at these facilities to suit to the different needs of the cattle livestock during their lifecycle. Our emphasis is to use the right ingredients, process in the best of feed, maintain sound hygienic conditions at the plant. Our facilities are semi-automated and efficiently organized facilities, with a capacity to produce over 500 tons of animal nutrition stocks every day.

presently I am researching on JP Infra only,
later JP Greens, JPSK(formula 1), Ganga Expressway(40K crore) will be merged in JP Infra. It will emerged as largest Indian Realty major.
very attractive price band decided by its Promoter.
also buy JP Associates and JP Power Ventures at current levels..

SahranpuriJi,Tara health foods is on my radar for a long time as is PNC Infratech.Both should be coming in a fortnight maximum.Nitesh is OK but instead of that we can go for DB realty as selling pressure is over & it is a better bet & its anchor investors are also of blue pedigree.So kindly tell me about your final choice in all these IPOs.I am fully occupied with results trading & traded in Gati,Strelite technologies,DIC ,BOC,Escorts,Axis bank,Gujarat gas till now.I get into companies with good earning potential 2-3 days before results & exit after results.Presently holding UCO bank,Tata metalliks & Persistent for results.What about you?Are you active in secondary market.

JP infra sabse sasta hai....bahut return milne vala hai isme
realty main ye DLF, Unitech se aage niklega...
ICICI bank isko 250/- main 2 saal pehle hi le chuka hai..around 1% stake...

dear sreedhar......

u r not aware of the tara foods i think thats why u r waiting for it........

its not a health food co.........

its a ordinary very small oil co, and uses the bye-product of oil extraction as animal feed

read the fundamentals first u will never go for tara food
i have audited so many big and unlisted oil co who produces health oil like rice bran oil etc ......

its an avoid for me

what is mkt lot, minimum share for apply.