Prabhat Dairy Limited IPO Message Board (Page 9)

Best investment option with committed return.

I was just checking on these fellow forum who say this a best investment do check there contributions in the forum nil they have only created these account to propagan this issue only so do not take there suggestion

Best investment option with committed returns

Septa jee. Kindly post your comment on prabhat dairy IPO.

good company however very steeply priced plus Return margin is 2% with 1000 cr TO . Good management however they should have left something on table.

So I am not going to apply

This is very good milk company.

QIB book is already nearly .5x times subscribed within first few hours...will be a multibagger!!!

ICICI DEMAT NOT ABLE TO APPLY FOR PRABHAT DIARY

ya not showing into ipo section. apply in physical format

Give them a call and they will help you apply.

Any one tell Kostak rate prabhat dairy

Not able to apply for it via ICICI Dmat... anyone from other demat a/c facing this?

They will help you apply if you give them a call...

Mr Nashirul , what''s about Pravat dairy ? is it good for listing gain ?

Apply and hold this one for the long term...will more than double...first dairy company and proxy FMCG company to be listed after a very long time...

Amit I am not applying Booz it is steeply priced with NEOtrader for all I know is it a new account who has only contributions is bullish on prabath dairy. I know for sure merchant bank and register influence the forum with positive comment. IMO Neo trader could be one of them

As limited no of stocks r available for comparsion and based on long term plan for future growth.we shuold apply in issue
At least not premium but at least when nifty gain its original mark it wil give good return.

I want to sell my 4 application of prabhat dairy in grey market

Retail discount @5 per share.plz confirm it is rs 5 o''er share or 5% discount

Rs 5 per share...

I hear from banking sources that commitments from pedigree institutional investors are pouring in as this is the first credible FMCG / dairy company coming to the market after many years...book will get built strongly...

V v costly as per capital market-

At the lower price band of Rs 140 per equity share of Rs 10 face value, the P/E works out to 61.8 times the EPS of Rs 2.3 (on post-IPO equity) for FY 2015. At the upper band of Rs 145, P/E works out to 64.2 times the EPS of Rs 2.3 (on post-IPO equity) for FY 2015. Comparable companies such as Hatsun Agro Product and Heritage Foods are trading at 115.2x and 29.4x P/E on the annualized EPS for FY2015. Such high valuations are unsustainable in the medium-to-long term.

Interesting point in ET today as regards valuation. Per ET estimated FY16 PE is 27x, which is quite reasonable.

Further, given most of IPO proceed is for debt reduction, in terms of interest cost the savings would be at least 25cr, which most post tax flow straight to bottom line. This, and hopefully if company grows per historic trend might make it interesting.

Thoughts? Was interested as this is only non-industrial consumer IPOs after Manpasand.


http://economictimes.indiatimes.com/markets/ipos/fpos/low-debt-new-products-make-prabhat-dairy-a-good-long-term-bet/articleshow/48690370.cms

Agree with you alphabet...the other thing which will improve bottomline will be Mega Project Benefit status...read up about it in DRHP and tell if you agree?

prabhat ka kostak kitana hai

To kis IPO me apply kare.
As per comment
Navkar-Avoid
Prabhat-Avoid
Pennar-Avoid

Strong avoid

This at this price band
EPS Rs. 4.51 (Basic), Rs. 2.95 diluted

Making PE close to 50 what a ripoff

Your analysis is not complete...the projected EPS for FY16 will jump becamoney raised will be used to reduce debt...and interest saving will help improve PAT...also Company will benefit from VAT refund under Mega Project Status benefit...please do not misguide investors and suggest them to not apply in this IPO.

First Dairy IPO after a long time and priced at a huge discount to Hatsun leaving lot of upside for investors who participate in this from medium to long term perspective!

Lot of ifs and but on EPS growing with additional capital I agree it will have a better eps going forward. Also I agree it better price hatsun Argo but still I wish promoters leave something the table for retail investors like us. The risk is way to high

What''s happening here first when the info came price band was low issue size was less then 250 cr now the info is price band has doubled its 5 Rs discount what a waste also with increase in price band the issue size is 500 cr plus..... All this result in eps on just 4.3 making the issue very very very very pricey now this issue which was the best of the lot with this new info it is worst I am not applying this issue to. greed promoters greedy merchant banks gullible retail investor will apply and in long run will see capital disappear

Your information here is also wrong...issue size was never less than 250 cr...primary was always 300 cr and rest was to come for secondary sale of shares by existing private equity investors...this was disclosed in DRHP also!

Do not misguide investors with your incomplete and faulty analysis!