RITES Limited IPO Message Board (Page 31)

Interesting Numbers, Must Apply

Please enlighten us, where do you find interesting numbers...? All I find is stagnation, and they can apply for IPO due to 3 yrs. in profits, but stagnation in financials is worth looking into... please clarify?

Not the relevant post ...but can someone please advise on US latest FDA actions of Glenmark Pharma and its impact. Is it true? If true how is share price going up

Operators at play... 2-3 days at most!

This will be HOT!!!!
Next MISHRA DHATU in making.. Good luck everyone!!! :)

@. SecTheta. @Next MISHRA DHATU in making

^^^^ In the making sounds perfect. MIDHANI is a very interesting story 'made up' of bucketful of hopes centred around how Reliance Defence with their technological might (although with a little help from BOEING / Lockheed Martin) would soon start making thousands and thousands of next generation jets that would rule the skies...And of course the tonnes of material neesed would be sourced from none other than MIDHANI ....

@Anarchist, hope you know me by now by my writing style, was banned 2 times, still here!

Anyway, fires burn, cures metals, so does operators, they cool off! Ain't it?

Dear Kishan A Patel,
It is a debt free company. Market always gives thumps up for those companies. How Qib and Hni gives response for this company we will wait until last day and decide it.

PSUs are mostly debt free due to "grants" by the parent, ie-govt, what's new? Do you want BSNL IPO, of which CEO Mr. Srivastava says, they are the least leveraged telecom company, least debt? Just for the sake of it? I won't apply, never! Rotten bone marrows never live like normal when detected in 3rd stage and on path for being burnt, they need more implants, transfusions etc, and yet people donate... RII x-factor maybe?

Overhyped, operator activity till 10 days after listing is likely... QIB > 20X, HNI > 15X expected, RII will fall for it, hence 11X minimum values quoted, sell on 9th day after listing...

Apply Or Not... ?

Apply

What is the exact issue price? on www.applyipo.com, price mentioned is inr 170-572.

Type mistake. it should be 570 to 572.

Pl, be careful this is PSU IPO , chances are that it will be available with discount after listing.

Issue size reduced from 600 crore to 466 crore & but quantity of shares is same so price band came down

RITES IPO - Schedule (Pg #602 of RHP)

13th June - Price Band to be Announced
19th June - Anchor List
20th June - Offer Opens
22th June - Offer Closes
27th June - Finalisation of Basis of Allotment
28th June - Unblocking of ASBA
29th June - Credit to Demat Accounts
02nd July - Listing on NSE & BSE


RITES IPO - Issue Information *(FINAL)*

Issue Opens on: 20 June 2018
Issue Closes on: 22 June 2018
Issue Type: Book Built Issue IPO
Issue Size: 2,52,00,000 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.180 - Rs.185 per Equity Share ( Less: Rs.6 for RII & Emp)
Market Lot: 80 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 20,00,00,000 Equity Shares
Offer for Sale of 2,52,00,000 Equity Shares @185 = Rs.460.44 Crores
Equity Shares outstanding after the Issue = 20,00,00,000 Equity Shares

Category-wise Break up:
Anchor - 72,00,000 Shares = 133.20Crs
QIB - 48,00,000 Shares = 88.80Crs
NII - 36,00,000 Shares = 66.60Crs
RII - 84,00,000 Shares = 150.36Crs (Lot size: 80 = 1,05,000 Forms)
Emp - 12,00,000 Shares = 21.48Crs
Total Issue - 2,52,00,000 Equity Shares = 460.44Crs.

Subscription required for 1X
RII = 1,05,000 Forms
NII = 66.60 Crs

Interest cost @5%p.a. for 7days = 17.740paise for 1X


RITES IPO - Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.15.61 (Page #93 of RHP)
EPS for FY15-16 >>> Rs.14.07 (Page #93 of RHP)
EPS for FY16-17 >>> Rs.17.64 (Page #93 of RHP)
EPS for 9M17-18 >>> Rs.12.15 (Page #93 of RHP)

RoNW for FY14-15 >>> 18.62% (Page #94 of RHP)
RoNW for FY15-16 >>> 15.08% (Page #94 of RHP)
RoNW for FY16-17 >>> 17.28% (Page #94 of RHP)
RoNW for 9M17-18 >>> 11.19% (Page #94 of RHP)

NAV as on December 31, 2017 was Rs.108.60 (Page #95 of RHP)

Listed Industry Peer Group (Page #95 of RHP): NONE

No official announcement of price band hence evaluation can't be done right now.
But negative minded people started omitting poison by this way or that way.
Nobody is forced to invest then why so much criticism with malice?

Government of India is a perpetual short for critics

*Fine Organics IPO - Issue Information (TENTATIVE)*

Issue Opens on: 20 June 2018

Issue Closes on: 22 June 2018

Face Value: Rs 5 per Equity Share

*Issue Price: apx Rs.775 - Rs.785 per Equity Share*

*Market Lot: apx 19 shares*

*RITES IPO - Issue Information (TENTATIVE)*

Issue Opens on: 20 June 2018

Issue Closes on: 22 june 2018

Issue Size: 2,52,00,000 Equity Shares

Face Value: Rs 10 per Equity Share

*Issue Price: Rs.245 - Rs.250 per Equity Share*

*Market Lot: 60 shares*

Listing At: NSE, BSE

RITES IPO - Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.15.61 (Page #93 of RHP)
EPS for FY15-16 >>> Rs.14.07 (Page #93 of RHP)
EPS for FY16-17 >>> Rs.17.64 (Page #93 of RHP)
EPS for 9M17-18 >>> Rs.12.15 (Page #93 of RHP)

RoNW for FY14-15 >>> 18.62% (Page #94 of RHP)
RoNW for FY15-16 >>> 15.08% (Page #94 of RHP)
RoNW for FY16-17 >>> 17.28% (Page #94 of RHP)
RoNW for 9M17-18 >>> 11.19% (Page #94 of RHP)

NAV as on December 31, 2017 was Rs.108.60 (Page #95 of RHP)

Listed Industry Peer Group (Page #95 of DRHP): NONE

Fluctuating EPS and RoNW

THE MOST RELIABLE
List of Main board IPOs IN THE PIPELINE
(Status as on 08th June 2018)


A) DRHP Filed - SEBI Approval *Awaited*:

1) Montecarlo >>> DRHP date 10-May-18
2) ReNew Power >>> DRHP date 08-May-18
3) PN Gadgil & Sons >>> DRHP date 04-May-18
4) Shakun Polymers >>> DRHP date 04-May-18
5) G R Infraprojects >>> DRHP date 30-Apr-18
6) Lodha Developers >>> DRHP date 26-Apr-18
7) Crystal Crop Protection >>> DRHP date 04-Apr-18
8) Dinesh Engineers >>> DRHP date 28-Mar-18
9) Mazagon Dock Shipbuilders >>> DRHP date 28-Mar-18
10) IRCON International >>> DRHP date 27-Mar-18
11) K P R Agrochem >>> DRHP date 26-Mar-18
12) Atria Convergence Technologies >>> DRHP date 26-Mar-18
13) HDFC AMC >>> DRHP date 14-Mar-18
14) Nekkanti Sea Foods >>> DRHP date 12-Mar-18
15) Sandhya Marines >>> DRHP date 24-Feb-18
16) SembCorp Energy India >>> DRHP date 22-Feb-18
17) Flemingo Travel Retail >>> DRHP date 15-Feb-18
18) CreditAccess Grameen >>> DRHP date 24-Jan-18
19) Route Mobile >>> DRHP date 22-Jan-18
20) Vishwaraj Sugar Industries >>> DRHP date 20-Dec-17
21) Srei Equipment Finance >>> DRHP date 28-Nov-17


B) SEBI Approval *Received* *(within the past 5 months)*:

1) Varroc Engineering >>> SEBI Approval 06-Jun-18
2) Genius Consultants >>> SEBI Approval 04-Jun-18
3) Garden Reach Shipbuilders & Engineers >>> SEBI Approval 22-May-18
4) Rail Vikas Nigam >>> SEBI Approval 17-May-18
5) Devi Seafoods >>> SEBI Approval 11-May-18
6) Fine Organic Industries >>> SEBI Approval 11-May-18
7) TCNS Clothing Co. >>> SEBI Approval 04-May-18
8) John Energy >>> SEBI Approval 27-Apr-18
9) Nazara Technologies >>> SEBI Approval 20-Apr-18
10) Capricorn Food Products India >>> SEBI Approval 12-Apr-18
11) Krishna Institute of Medical Sciences >>> SEBI Approval 07-Mar-18
12) Patel Infrastructure >>> SEBI Approval 05-Mar-18
13) Indian Renewable Energy Development Agency >>> SEBI Approval 16-Feb-18


C) SEBI Approval *Received* *(>5 months ago)*:

14) Barbeque-Nation Hospitality >>> SEBI Approval 05-Jan-18
15) Acme Solar Holdings >>> SEBI Approval 15-Dec-17
16) CMS Info Systems >>> SEBI Approval 30-Nov-17
17) Reliance General Ins. Co. >>> SEBI Approval 29-Nov-17
18) Seven Islands Shipping >>> SEBI Approval 10-Nov-17
19) Prince Pipes and Fittings >>> SEBI Approval 03-Nov-17
20) Gandhar Oil Refinery (India) >>> SEBI Approval 26-Oct-17

@Eagleye Mam
If I am not wrong Montecarlo is listed company and traded near 450 then, how IPO will come again??
Is any OFS buy Montecarlo
Please clear
Regards,
............

its a Construction company....!!

https://m.economictimes.com/markets/ipos/fpos/montecarlo-files-papers-for-rs-550-crore-ipo-with-sebi/articleshow/64127205.cms

Expected price band Rs 245/- to 250/-

A perfect Guess.... Good One Papon

Kabhi Kabhi talent nikal jati hai

*RITES IPO - Issue Information (TENTATIVE)*

Issue Opens on: 20 June 2018

Issue Closes on: 22 june 2018

Issue Size: 2,52,00,000 Equity Shares

Face Value: Rs 10 per Equity Share

*Issue Price: Rs.245 - Rs.250 per Equity Share*

*Market Lot: 60 shares*

Listing At: NSE, BSE

Price band 245-250(unconfirmed)

Why dont govt give this shares to Govt employees as compulsory so that they work hard to bring the PSU shares high....They will understand the pain of the retailers and work properly

@ rvr.

Yes!.... A king must never eat no food until those who prepared it taste it before him....(Reference: Artha Shastra by Kautilya)..

Yesteryear's kings and today's Retail investors are no different. Both have a plathora of enemies waiting to deceive and destroy them....LMs Brokerages, employees and most importantly the
cunning, heartless, unscrupulous promoters are good examples of such enemies in the context of IPOs...These people should be made to taste their own medicine first instead of retail ones...

Recent PSUs have not performed well and are trading near or below IPO price viz HUDCO, GIC, HAL, New India assurance.
So I am not too optimistic about PSUs.
Govt is only interested in getting money for distribution in election mode. There is no one to protect retail investors, so protect yourself.
FIIs are continuing selling and crude price is putting pressure on rupee.

@Anarchist...

You have good command over both, Hindi and English. Few have this talent...
I appreciate...

@. Aww... Thanks fox...:)