This IPO Is interesting IPO nothing is left on table looking at price band this another clear case of over price after Cl educate S Chand and now this PSP. However this sector is gaining some traction given India grow if we build
In short it a small time contractor wants to benefit from the IPO run in an industry which is bear face I would go for other reputed listed company which have better vision any other day however given growth prospects this is really grey
As my internet is not that good quality here in hotel in Srilanka if some one can post the total outstanding share after IPO I can work out I would apply or not
Bhai log, this time don''t argue with Septa Sir. Despite repeated warnings by the Gurus I had applied for one lot of S Chand in one of my demat account and while applying one more lot through another account power went off. There was no back up in the pc I restarted the pc and I just missed the second application at the time of making the payment through online as the application time was over by that time. Then I thought that something wrong will happen to this IPO though I was sentimental to S Chand. Today when price was going down I sold it at Rs.634 out of frustration. Of course it is not a big loss for me but it taught another lesson to me on IPO. God saved my loss to some extent but I believe that Septa Sir is a messenger of God for this forum members. I salute you Sir for your analytical abilities and guidance to the members without any personal interest.ðŸ‘ðŸ‘ðŸ‘
Thanks Septa. I take your advice and look for reasons to go against it. If none, I stick to your suggestion. Dint apply for SChand or CLE. Should be staying away from this one too.
26.6. Septa| Link| Bookmark|
May 12, 2017 7:26:50 AM
(4000+ Posts, 4600+ Likes)
I am not able to down load RHP IF SOMEONE OR FORUM MODULATOR CAN GIVE ME SOME KEY DATA LIKE OUTSTADING NUMBER OF SHARE POST IPO OR MARKET CAP POST IPO WILL BE VERY HELPFUL
* T group IPO.ðŸ¯ðŸ°ðŸ¤ðŸ£ * Allotment chances very rare if oversubscribed heavily. < 75 cr. reserved for retail portion. * No active gmp till today.IPO seems risky. * Wait for the deep analysis and final signal from septa sir.🚦📅📃🚥🕗
16.2. ShareView| Link| Bookmark|
May 11, 2017 4:30:25 PM
IPO Guru (2300+ Posts, 3600+ Likes)
Hi Swagat ,
☆ According to SEBI rule , IPO Proceeds less than 250 cr. belongs to T group. PSP Projects Ltd 210 cr. IPO. ☆ Again , trading is not allowed in T group stocks.
Yet another IPO from state of Gujarat!! but doesn''t seem to be an attractive one. Seems more like the company is trying to make use of current bull-run. I have provided financial ratios below (their book seems to be good; ROE is 40% - WOW and DE ratio of 0.7 is also not bad). Will this be fully subscribed is my primary question?
Key operating ratios: Year end Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 EPS(Rs) 74.91 171.68 122.47 151.43 104.40 Book value(Rs) 206.54 586.53 434.91 332.44 191.01 CEPS(Rs) 96.97 236.25 168.25 198.00 139.88 NPM(%) 5.44 5.01 4.79 4.76 4.67 OPM(%) 10.72 10.31 10.04 9.99 9.81 ROCE(%) 43.58 33.39 33.78 52.47 35.25 ROE(%) 44.12 34.39 32.81 58.50 54.65 Debt/equity 0.70 0.73 0.67 0.98 1.69 Interest cover 12.25 9.53 8.52 5.81 6.44
If the Issue price is around 170-175, I must have subscribed to this.