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Meghmani Organics Limited IPO Message Board (Page 10)

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58. hemant |   Link |  Bookmark | June 6, 2007 2:33:27 PM
220.224.25.218 IP address.. Same person different names.. How can some one be so foolish?? :)
57. Foster |   Link |  Bookmark | June 6, 2007 2:22:00 PM
Meghmani
Fundamentaly strong and assets base company having assets at Ahmedabad, Chharodi and Panoli Near Ankleshwar. Good Issue.
56. Shilpa Patel |   Link |  Bookmark | June 6, 2007 2:18:56 PM
MOL (Meghmani)
Good Company to participate in investment. Genuine business on hand and products. Good export market in more than 50 contries. Don't loose it. You will definately earn out of it.
55. jasmin B. Patel |   Link |  Bookmark | June 6, 2007 2:14:43 PM
Meghmani organics limited.
This is one of the company who has real products to manufacture and have direct client for their product. They are in the business since last 25 years. THIS IS THE FIRST INDIAN COMPANY WHO LISTED THEIR SHARES ON SINGAPORE STOCK EXCHANGE. Dont lease it. Subscribe immeidately maximum.
54. Balubhai Patel |   Link |  Bookmark | June 6, 2007 2:03:11 PM
Meghmani organics Limited.
Its fundamentaly very strong company having total group turn over more than Rs. 450 crores with export turn over of more than rs. 250 crores. Good clientile base and business products are there. Good investment for short term as well as long term also.
53. RAJEEV SINGAL |   Link |  Bookmark | June 6, 2007 1:54:48 PM
Please note that it's Rs 1 /- share planned at rs 19/-
Avoid Avoid Avoid.................................
52. bade bhaiya |   Link |  Bookmark | June 6, 2007 1:34:38 PM
its a strong ipo and will give you 10rs at the listing day...fairly priced also..BUY BUY AND BUY IS RECOMENDED
51. Sunny |   Link |  Bookmark | June 6, 2007 9:11:08 AM
Day two has gone, Still just .07 times subscription.
Institutional Buyers hadn't applied yet,
what do you think is it going to be subcribe more than 5 times ????????
50. Hemant |   Link |  Bookmark | June 5, 2007 9:14:04 PM
From Economic Times

At the upper end of the price band, the company demands a P/E of 12.4 times its FY07 EPS of Rs 1.5. Meghmani Organics doesn’t have any peers since it is the only company with a presence in both pigments and agrochemicals businesses. United Phosphorous, a major agrochemicals company, trades at a P/E of 18.8 (based on consolidated EPS).

Meghmani Organics has been trading on the Singapore Stock Exchange since August ’04. Currently, it trades at a P/E of over 6x. This is cheaper than the P/E it demands in India. It has earned a return of over 34% till date since its listing. The benchmark index STI has more than doubled in the meantime. The company’s dividend yield is below 3.

Meghmani Organics is led by sound top management comprising industry veterans. It has a stronghold in the exports market. It plans to export its pesticide products (mainly acephate) to Brasil. The company manufactures high performance pigments, which are sold at a better price realisation than normal pigments. This helps it to stay ahead of its competitors from China, which lacks technical skills to provide high-end pigments. On the flip side, the company’s profitability has been hit due to a steep rise in input prices. Margins may be further affected by the appreciating rupee, as the company exports a major chunk of its output. The impact will be muted to some extent as 30% of its inputs are imported and a stronger rupee will make them cheaper.

The company operates in a commodity business, which follows the trend in the global industrial cycle. Thus, returns from investment may not be huge. Nevertheless, a good management assures good performance in future. Investors who want to benefit from the company’s diverse business model can enter post-IPO at a lower price.

IN SHORT ITS A GOOD BUY
49. strong buy |   Link |  Bookmark | June 5, 2007 8:17:14 PM
abuot megmani grey mkt 8 rs premium to 19 rs share,
about dlf 65 rs premium
strong buy:ndtv(rel group bought 5% stake),pfc target 182,rel commu target 600,areva target 2100 ,infomedia target 285,pyramid theater.cairn target 185 (6 month).
48. tejas |   Link |  Bookmark | June 5, 2007 7:58:10 PM
what premium?
47. amit tayal |   Link |  Bookmark | June 5, 2007 7:32:34 PM
whats d expected listing gains for meghmani considering low capital of rs100cr
46. Aditya |   Link |  Bookmark | June 5, 2007 6:42:10 PM
Hi tanushree,
can u tell me clearly whts the status of Meghamani ipo as i m new to business and i guess u can help me in carving mine ways out so plz guide me wht should i do with meghamani /nelcas or DLF .. which will be best buy from your wish .
45. RAGHU |   Link |  Bookmark | June 5, 2007 5:36:29 PM
Please let me know the latest premium in grey market and could any one provide from which site one can have these details.
44. chintan |   Link |  Bookmark | June 5, 2007 5:06:00 PM
ha ha ha dlf hai mere bhai kaun apply karega isme
43. alladi |   Link |  Bookmark | June 5, 2007 4:21:44 PM
hi Shireesh,

u can go to nseindia<dot>com and look under current IPO Tab.
u can see demand graph/subscription % in each type of buyers/
42. shireesh |   Link |  Bookmark | June 5, 2007 3:41:11 PM
Meghmani Organics Limited IPO
where is the site where we can check for how many times the meghmani issue is subscribe
41. Madhu |   Link |  Bookmark | June 5, 2007 2:42:48 PM
For your information.
Meghmani Organics Ltd. announced that it has declared a final dividend of INR0.36 per share for the year ended March 31, 2007

Meghmani Organics Ltd. Acquires 161-Acre Site In Dahej
40. shireesh |   Link |  Bookmark | June 5, 2007 2:31:13 PM
where is the site where we can check for how many times the meghmani issue is subscribe
39. RAVI |   Link |  Bookmark | June 5, 2007 1:38:15 PM
How to know the grey market premium