refund not received for application no. 4945047 i applied for 225no.share partly paid rs. 25875/- but i get 16share only. when i got my refund my a/c no. 02711140009815 hdfc bank ltd. kalkaji new delhi
Check for other stocks in same category (Nahar Spinning,Welspun,Nirlon Limited,Aarvee Denims & Expo) all up 10% .Rally expected in Textile Sector . So Right time to Buy KPR mill to target of 295 ... .Dont Book Losses if you hv got allotment @225
KPR MILL NOW IN 5 RS PREMIUM COS OF PEOPLE THINK THAT TEXTILE IS NOW UPTO A BOTTEM SO LIKE ARVIND MILLS & ALL PE GROUP COMPANY ARE ON A HIGH I WILL NOT SELL ON LISTING MAYBE A 300 IN JUST 2 WEEKS
A RAY OF HOPE FOR KPR IPO -total plus 5950 new subscription bids received in first hour today, of which 5150 are at cutoff from retailers and employees.
BRIGHT SUNSHINE FUTURE FOR TAKE IPO - total plus 103833 new bids with 5913 cutoff ones during same period as above.
DARK GLOOMY FUTURE FOR PURVANKARA IPO - total minus 2870 cutoff subscription for it with final minus 2660 bids during same period as above.
Investors can avoid the initial public offer from KPR Mills as the offer price appears stiff. At the price band of Rs 225-265, the offer is valued at about 12-14 times its 2006-07 per-share earnings. On an expanded equity base, the multiple works out to 15-17 times. Although the company’s large scale and better margin profile are positives, a weak export environment, the strong rupee and persisting pricing pressures pose challenges to its ability to significantly ramp up its garments business. There are also superior investment options already available among listed textile companies.
Knitwear exporters constitute the bulk of the company’s domestic customers. Thus, any further pressures on the export front could affect KPR’s domestic business as well. Investors can, therefore, wait for the cloudy picture on the export front to clear up, before considering exposure to the stock.
Dear KARISHMA, Don't be panic Just relax.Give me the application number of your IPO.I will mail directly to Registar and also make a telephonic conversation Why they delayed so much.
Overally company looks really good. I would suggest to go for this IPO for long term gain. I believe in the management of this company and the the strategy of company. All or most of the clients of this company are from Europe which is good at current stage of Rs being stronger.
Overally company looks really good. I would suggest to go for this IPO for long term gain. I believe in the management of this company. Wish you all happy investing.
seems to b a good management company.exports r mainly to european companies and hence no big exchange loss.clients r good. fundamentals r good.think worth applying. grade 4.isue price seems a bit higher but than no good issues r priced at low price.
KPR Mill is very good company, good brand name, and excellent presence in market. People always look for listing gain but people should not see for listing gain in such kind of company as it is a portfolio stock and management is very strong and experienced. Good company for long term holdings. People should apply for this issue. The company is a vertically integrated manufacturer producing readymade knitted apparel, knitted fabric and carded and combed cotton yarn. The company, as at 31-03-07 is having 1,28,064 spindles, 113 circular knitting machines, and 1,517 sewing machines.
The company is also expanding its processing facility at Perundurai as also installing balancing equipment for existing spinning facility at Sathyamangalam
Based on FY 07 EPS of Rs.18.40, the share is being issued at a PER of 14.4.
it is a sure avoid.wait for good issues lined in august.textile as a sector is underperformer for last 2 years.moreover, the appreciation in rupee has left exporters stranded.