Jyothi Laboratories Limited IPO Message Board (Page 24)

hi all friends.
please advice which share i will buy to this market.(small cap and midcap share)
pls advise me.

don't go 4 that wait for big brand IPO it will came on december such as reliance power

If this is such a overpriced issue as per u all's reading then how come the grey market premium is Rs. 400 - 500 ???

Do not Apply in THIS ISSUE.

WAIT FOR RELIANCE POWER .

ISSUE OPENS - 5 DECEMBER 2007
ISSUE CLOSE - 11 DECEMBER 2007.

KEEP YOUR MONEY READY FOR IT...

This issue is a miss. dont waste your money on this

Dear,
How is the EDELWEISS CAPITAL LTD Issue, How much will be itPremium on the Issue.

How can the company expect so much of the valuations when the annual growth of the company is mearly 10% P.A.
i think the company people have gone crezy.
they will have to think about the repricing of the issue if they want it to be fully subscribed.

1. The sales are more or less stagnant for last 5 years....
257 cr in 2002, 314 cr in 2003, 346 cr in 2004 (15 months), 317 cr in 2005, 366 cr in 2006, 329 cr in 9 months of 2007.

2. Had losses in 2004, primarily on account of high expenditure on promotion and schemes, and high input costs.

3. Barings Ltd bought shares at 143/- (FV:5/-) in 2000. It is getting 25.27% compounded rate of return on sell price of Rs. 690/-, in 7 years time.

4. CDC/SARF/Canzone bought shares at 291/- (FV:5/-) in 2003. They are getting 24.10% compounded rate of return on sell price of Rs. 690/-, in 4 years time.

5. The VC funds are COMPLETELY EXITING from the company.

6. Shares are offered at PE of 10.95 at upper band, based on 2006 figures. Sales figures for 9 months of 2007 are not very enthusiastic. ITC, having much higher brand value, is quoting at PER 25.

The upsides, if any, are limited even in a bull market.

Seems overpriced. benifit for Selling Shareholders
(easy sell off / easy exit / too much gain for private equity firms CLSA and Actis along with a foreign subsidiary of ICICI Bank)and too overvalued benifit when listed on BSE/NSE for founder Chairman and Managing Director M P Ramachandran and his family.

this issue has been assigned grade 4 out of 5 by CARE which means this issue should be good

I think people are jumping the guns here prematurely. Before crying dont apply let us wait for some of the brokerages come out with their analysis and valuations.. Jyothi has some great products and we are personnaly using some of them for years...Let us see

Very steeply priced...avoid this one....Go for others

dont know what these guys have though before pricing this issue.. overpriced.

Too high price, ignore this IPO

no invest your money in this ipo

Hello Rakesh @ 2
How are you related to the promoters???
What research have you done to say 'Its a great issue.... just go for it.'Such a huge premium that the promoters are pocketing.A superb FMCG company like ITC has been stuck at the same level for the last 12 months!What has Jyoti got that ITC is not having??
Pl justify your recommendation.
Otherwise you are a saala of the promoters.

Guys, Lousy IPO.
What they think people are fool to pay such .... premium for this. Dont pay attention even though they reprice the IPO

i think they want to encash by LAB .....(Divi's LAB .........)

not worth to pay even Alpa Lab's premium. STAY AWAY

boooo....2 this ipo...dont apply..

Totally rip-off IPO. no fresh capital is being issued at all. only some promotors are off-loading their stake to the public. the company will not get any proceeds from this issue.

looks like a case of rats jumping from a sinking ship