Servalakshmi Paper Ltd IPO Message Board (Page 9)

dearipofindersir,whereareyoukindly give current activity in sarvlakshmipaper and paramounbt print packaging in jaipur market whether thereis any grey market activity inthesetwo or not, isit fruitfulto apply in any of these two thanks.

There is another one, Joyalukkas Rs 600-650cr IPO to hit market by May-end. It is a Kochi-based gold and diamond retail jewellery chain.

Source : Moneycontrol

Ali Bhoy - Any views about the company, Innovative India (its growth, CRISIL rating, size of IPO, etc)..? Havent heard about the company before.

Dear sameerjaipur,
The new comming Ipo

1)MUTHOOT FINANCE , 18 - 21 APRIL

2)PARAMOUNT PRINT PACKAGING , 20 - 25 APRIL

3)INNOVATIVE IND.,APRIL 26 TO 29

4)SERVALAKSHMI PAPER , 27 - 29 APRIL

5)GALAXY SURFACTANTS , 29 APRIL - 3 MAY

I Thought muthoot fin. gives u 30% profit,
paramount gives 15%,
INNOVATIVE IND gives 24% profit,
SERVALAKSHMI PAPER may list on discount so avoid it,and
GALAXY SURFACTANTS gives 18% profit
SO take the loan and applly these IPO 1,2,3,5. I thought u got about 80k profit.

sameerjaipur,

plz dont take that loan.......

B R E A K I N G - N E W S

N E W - I P O

INNOVATIVE IND.

APRIL 26 TO 29

INNOVENTIVE N GALAXY SURFACTANTS SHUD BE GOOD IPOS ANY IDEA OF THEIR DATES?

hOW IS THIS COMAPNY PROSPECTS ? N THE OTHER IPOS OPENING ALONSIDE LIKE PARAMOUNT N INNOVENTIVE N GALAXY SURFACTANTS

Dear experts,

I have a query posted in Bonds section. Pl guide.

Dear Ravi Banglore/ Gem IPO,
Someone wants to lend me 5 lacs @1.5% PM for 3 months.I have 4 D.Mat accounts and Rs 8 lacs capital of my own.As Gem mentioned there r many IPOs and Bonds in pipeline.
Need ur valuable suggestion regarding this offer.

It is a small issue. I think it is good for listing gain. I will subscribe.

BOB BOND ISSUE FINAL ON 22/04 TO 29/04 BY SOME RELIABLE SOURCE

3. Priya Jain

Apply for all small issues without considering fundamentals. If I have any information, I will express my opinion.

If issue price breaks, exit immediately. You make more money than you loose. You need to have conviction especially for bad issues. But, you need no worry. History suggests you make money.

What could be the fair value for Servalakshmi Paper Ltd. IPO???

NIFTY TARGET 6150IN CURRENT UPMOVE GOOD FOR ALL IPO

IF BOB BOND DATE FINAL, PLEASE INFORM BECAUSE OF SO MANY PEOPLE SAY ITS OPEN ON 22/04 TO 29/04 WIHT 10.5% INTEREST

SUPER RELIGARE LAB ( SRL ) WHOSE IPO IS DUE IN EARLY FUTURE , THE CO HAS BEEN MERGED IN FORTIS........!!

CRISIL Equities has assigned a grade of 4/5 to the proposed initial public offer (IPO) of Galaxy Surfactants, which indicates that the fundamentals of the IPO are above average relative to other listed equity securities in India, according to report.

Galaxy is one of the leading manufacturers and marketers of surfactants and specialty chemicals in India for the personal and home care industry. It produces a range of vital cosmetic ingredients including active ingredients, UV protection and functional products.

The CRISIL's report says, "The assigned grade takes into account good prospects for surfactants, especially in India and emerging markets, driven by strong growth in end-user personal and home care segments in an improved economic environment. The grade reflects Galaxy’s dominant position in the Indian market (more than 60% market share in its range of personal care performance chemicals). It also reflects favourable business prospects arising from capacity expansion in Egypt to cater to the demand in high-growth markets of Africa, Middle East and Latin America. The grade has factored in Galaxy’s strong relationship with blue chip clients, which is supported by its strong R&D capabilities; to its credit, it has 18 patents in India and 10 patents in the US. The grade also factors in strong management capabilities coupled with equally strong experience which has been instrumental in the company’s growth."

Galaxy will use the IPO proceeds to set up its greenfield manufacturing facility in Egypt amounting to Rs 212.3 crore, to set up a new manufacturing facility at Jhagadia, Gujarat for Rs 70.1 crore, for expansion of capacities at the existing manufacturing units in Tarapur amounting to Rs 47 crore and to fund the expansion of capacities at the existing manufacturing units in Taloja for Rs 13.5 crore.

I HAVE GOT THE CONFIRM DATE OF IPOS OPENNING IN THIS MONTH-

1)MUTHOOT FINANCE , 18 - 21 APRIL

2)PARAMOUNT PRINT PACKAGING , 20 - 25 APRIL

3)SERVALAKSHMI PAPER , 27 - 29 APRIL

4)GALAXY SURFACTANTS , 29 APRIL - 2 MAY

EXCEPT SERVALAKSMI PAPER ALL THE REMAINING 3 IPOS ARE VERY VERY GOOD

I WILL AVOID THIS SERVALAKSHMI PAPER AND PARAMOUNT PACKAGING AND APPLY IN MUTHOOT AND USE ITS REFUND TO APPLY IN GALAXY SURFACTANTS.

I feel this would repeat the KPR Mills style, another company from Coimbatore. The KPR IPO which was listed in 2007 with issue price of Rs.225/- went down to Rs.22/- in 2008, went up to Rs.240 in 2010 and currently trading at Rs.185-190/-.

Servall Group though small has 40 years of experience in this field having companies in the same field and appears that it would survive anyhow. I feel the share rate will tank to a bottom over a period of time before the group starts to show performance on paper. If operators play then its a different game.