Raj Oil Mills Limited IPO Message Board (Page 8)

Subscribe this IPO for good return. Its a good ipo to apply. Subscribtion level will be low due to some other ipos. Its better to apply this IPO with small amount than Adani Power.

rakesh,
Subscription details u can get from nseindia.com

Today at 3 PM Subscribed only 0.1 times

Hi ashish, what is the site/source of knowing subscription information of ipo.

very very poor subscription on first day..only .28%

It seems the premium is on the unreasonable higherside.

ek baat to hein....it is really a cash cow...though market share is only 2-3% but its profit margin is around 10%, best in the industry. baaki sub companies ka margin 1-3% hein.plus ye bahut purani company hein....will go for this ipo.

Investors can refrain from subscribing to the initial public offer from Raj Oil Mills. Strong demand prospects for edible oils, the company’s established brands in Western India and a record of good profit and revenue growth, are positives to the offer. However, the aggressive nature of the capacity expansion plans peg up execution risks and the asking price for the offer is stiff, if expansion plans make a delayed contribution.

At the two ends of the price band of Rs 100-120, the asking price discounts the company’s fully diluted earnings for the last financial year (ended December 2008) by 12-14.5 times. Assuming the company successfully implements its expansion plans, the multiple would work out to 8-10 times (FY-11) earnings.

That appears high given that competition is intense and margins in this business are susceptible to significant swings, based on input price fluctuations.

Players of a much larger size such as KS Oils (11 times) and Ruchi Soya (8 times) trade at lower trailing multiples. That suggests that the stock may offer opportunities for investment at lower prices, post-listing.
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i would rather invest in the edible oil players in the secondary market ,than investing in this micro- cap company, the recently listed gokul refoils as pointed out is a 10 times large player and is available at twice the valuation, also it should deliver 100 crores bottomline this year ,which makes it an screaming buy at current prices

Hi,

Want to know the difference between Face Value and Publick Issue Price?

Thanks.
Leo

hi all,
every body discussing adani power ipo when it will come can tell me any one.

FRIENDS,,,,,
ADANI POWER,KA PRICE BAND 100+ HI HOGA,
I THINK 110-130 HOGA,

Are yaar,Itne Funde nahi dene chahiye yaar IPO mein,Hum sabne khoob khela hai yaar IPO main,bhaiya company ke figures pe mat jao.seedhi bat no bakwas.Apne dil kin suno,agar guts hai to apply karo,yeh figures kuch nahi hoti yaar.

Hi Shishir,
i agree with you.
but seems that this ipo is priced high.
Remember Gokul Foils, its price was 195, only double of Raj oil mills, though gokul is 10 times bigger than raj oils mills in term of turnover and market share.
Further, seeing the promoters of raj oil mills, i dont think that there will be any speculation in this share further restricting gains on listing.
Do you have any other views, will be very happy to know them.

FRIENDS,GOVERMENT MMTC,NMDC,NTPC,REC,HINDUSTAN COOPAR,
ENGEENIRING INDIA, SATLUJ JAL VIDYUT,BSNL,OIL INDIA,NHPC
IN SAB KA 5% TO 10% STAKE SELL KAREGI,
IS ME SE 2 IPO NHPC AUR OIL INDIA KI DATE TO AA GAYI HAI
NHPC OPEN 7 AUG-CLOSE 12 AUG.
OIL INDIA 7 SEP-CLOSE 12 SEP.
SO FRIENDS, KEEP INVEST AND MAKE MONEY,,,,,,,,,,,,,,,,,,,
SAB KA SAPNA MONEY HONEY

revenue has grown from Rs834mn in 2005 to Rs3.17bn in 2008. That reflects a CAGR of 57%. EBIDTA has gone up from Rs42mn to Rs523mn i.e. a CAGR of 132%. PAT has increased from Rs16mn to Rs296mn a CAGR of 165%. EBITA margins have gone up from 5% to 16.5%, while PAT margins have risen from 2% to almost 9.2%. The Return on Equity has risen from 14.7% to 29.5% and the Return on Capital Employed has gone up by 19.3% to 42%. EPS has grown over the year from Rs1.93 to Rs11.87 for year ending Dec. 2008.

I also want to tell something for the comming ipo and its future.this site is realy very good.

i think raj mill oil is asking very much. They have no popular brand and i think there market share is less than 2%. Any one having idea about the market share?

Mr Rohan

Rad the figures supplied at this site
it is mentioned the figures for the year ended 31st March 2009
Turnover was 22.48 Crores & profit was 2.4 Crores

So whose mistake this is????

I commented on that basis

to correct the comments which have posted earlier turnover of 22.48 crs and profit of 2.40 crs is only for the month of january,2009...please read the document properly before doing your analysis...the total turnover is 320 crs and profit is 30 crs for the entire year ending 31st dec,2008...invest in the company...its a cash cow