Power Mech Projects Ltd IPO Message Board (Page 16)

operating Cash flow is negligible in comparison with its sales,net profit margin is low. except L&T, other peers trade at lower P/Es than this one.

where to see allotment status of syngene international IPO plz someone reply

@athar: check here : http://kosmic.karvy.com:81/ipotrack/

I will prefer to apply this IPO after seeing QIB & HNI response on later half of the last day(11th Aug) subscription.

useless, all a good number of players apply on the last day only as interest cost is too high for HNIs.

Never ever apply this share was sold to anchor investor in 2014 at price of 200 Wait till listing you can wasily buy at rate of 300after ipo

POWER MECH is an small ipo of size 273 croe as compaired to syngene size 550 croe, and vrl loggistics was 473 croes
so chances of allotement are less as compaired to syngene , ofcourse it will be lottery for all , worth appling for listing gain provided market remains stable

Barbaaaaaaaaaad kar dega...........

THIS WILL KOOOOOOOOOOOOOOOOOOT U.........
THIS WILL LOOOOOOOOOOOOOOOOOT U........

Wrong

Dear M Guptaji,

I agree with u, this issue is avoidable.....

Read this article before you think to apply in this IPO.

https://www.sptulsian.com/article/85310/power-mech-projects

This is most horrible research report. it says company has inflated order book by 190 cr out of 4000 Cr order book from NTPC, Relaicne, BHEL and others. It say the company is having 68 cr cash. Its actually Fixed Deposit towards 600 BG availed by the company. basics have been ignored in the research report

Dear ZohebS,

You are absoluty right, Repot on Tulsian site is not appropriate. I put some important note on "InFin24". I wish it would be helpful for investor.

InFin24.com says to apply for this IPO. there are three major reasons to apply for this IPO.

1. Government''s thrust to supply electricity to all villages of India 365x24. It is already happened in Gujarat while Modi government.

When Jyotigram Yojana launched in Gujarat, no body wants to believes the success of Yojana. But Mr. Modi executed very successfully and now every village has electricity 365x24.

So for power Mech this is huge opportunity and company can grow for at least next 10 year with decent growth.

2. Valuation

Company is giving shares at throw away valuation (PE 13). I have return in detail in form called InFin24.com

To view the detail: http://infin24.com/forums/topic/power-mech-ipo-invest-with-6-month-time-horizon/

3.Timing Opportunity.

In next six months there are possibility to price gain in infrastructure companies. It is best time to invest in infra companies for fast gain. You have chance to participate in upcoming infra boom in valuation.

Septa I appreciate your behavioral analysis. Actually Infra promoter has communication problem from that region.
But they are most competent in execution of infra project.

Their debt to equity ratio is very comfortable. I think it is 0.65, I mentioned in detail at infin24.

Mutual funds are betting big for this IPO. Means Smart money is chasing this IPO.
Out of 276 crore, 82 crore are going to invest by following MFs.

DSP Blackrock
India Tiger Fund
SBI MF
L&T MF
Morgern Stanley Mauritius
HDFC MF
Tata AIG Life Insurance
IDFC MF

Profit is on papers, increase in accounts receivable is Rs. 1581 mn in comparison to net profit of rs. 681 mn.
Client base is small, if one of major clients depart then a big problem.
Dealing with govt. entities is difficult,payments gets delayed.

This one doesn''t sound promising. I''ll rather buy Syngene shares on Monday or Tuesday.

Should sell in grey market or hold for listing gain if alloted ? Grey market premium ? Kostak price latest ?

Seems a very pricey issue. MOSL smart enough to sell its stake that they held via thier PE Fund.

kya icici bank se other DP account ki ASBA application laga sakte hai kys?
haan to procedure kya hai?

MR. P AGRAWAL JI BIL KUL LAGA SAKTE HAY JO APKA BANK A/C. ICICI BANK ME HAY OR A/C. ME BALANCE HY TO ASBA FORM ME BANK DETAILS APKA A/C. NO OR APLICATN MANE OTHERS DP A/C. DETAILS DALKE KAR SAKTE HAY MINSE AAP KE A/C. SE AMOUNT BLOK HOGA OR ALLOTMENT HONE SE AMOUNT DEIT HOGA OR SHREE DP ME JAYE SAMJGAYE? REPLAY

IF YOU WANT TO APPLY ONLINE THEN NO. Y CAN APPLY ONLINE IF Y HAVE A/C IN ICICI DEMAT. YOU CAN APPLY THROUGH AXIS, HDFC OR SBOP ONLINE BY ASBA OF OTHERS . MAX 5 APPLICATION

Bakwas IPO

WHAT IS KOSTAK PRIES IN AHMEDABAD

premium 82
application rate - 500

Capital market has given 45 rating for power Mech what r the views

What good IPO is this? Margins are falling but promoters still willing to take 5.5 crore rupee in annual compensation.

I would avoid this going by the analysis.

WHAT IS KOSTAK PRICE IN RAJKOT....???????

grey market premium is 110-120

In financials of the company mentioned above on this page itself , revenue and profit figures are missing for March 2015. There seems to be some problem in the company. Can any body provide these figures ?

How to apply absa application?
From chandigarh
A/c in pnb

SEEMS punjab national bank does not have ASBA IPO SERVICE PL check eservice of the bank and in it if ASBA IPO , if it is there you can applly

bank of india , idbi bank and sbi have this service

Thanks ,ganeshji,pl tell one more query, one asba a/c can be linked to maximum of how many demat a/c for bidding purpose?

Thanks my friend. This is very useful information. I applied for my mother through my savings account using ASBA (through SBI net banking) in Syngene. Let''s see if it works. Not sure yet.

Only the first holder of the saving a/c can link his demat a/c. There is no limit.