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Shree Pushkar Chemicals and Fertilisers Ltd IPO Message Board (Page 2)

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CHD
231. CHD |   Link | Sep 18, 2015 2:11:51 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Crosses 63 .... again ...!
Gauravk
230. Gauravk |   Link | Sep 18, 2015 1:46:50 PM
no. I don''t think so :-)
CHD
229. CHD |   Link | Sep 17, 2015 7:11:35 AM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
All depends upon the Company''s performance / fundas now ..... the IPO euphoria is over - a time of reckoning now ...!
atul
229.1. atul |   Link | Sep 17, 2015 11:51:07 PM (200+ Posts)
Then what is the role of ipo
If u hv so long horizon then beting for just 10% is not justified.we r becoming more judgemental and have predujice somehow when we apply or not apply in ipo.
koolkaptain
228. koolkaptain |   Link | Sep 16, 2015 11:53:57 AM
Agree there''s an issue for short-term gains. But if you can wait for some time, you will be handsomely rewarded. A number of top firms IPOs listed below par including Cadila, Ajantha, etc. Check some of the listings here: http://www.capitalmarket.com/ipocentre/listing.asp
lalit p
227. lalit p |   Link | Sep 16, 2015 11:20:54 AM
Why Pushkar is going down...
trading at 59.3
What to do? Wait or book loss ?
pls advice
atul
226. atul |   Link | Sep 15, 2015 9:33:37 PM (200+ Posts)
Moral of ipo story.
Do not apply in ant ipo.buy it after listing.
lalit p
226.1. lalit p |   Link | Sep 16, 2015 11:18:59 AM
Why Shree Pushkar is going down...
Trading at 59.30

What to do... book loss or wait...
NKD
225. NKD |   Link | Sep 15, 2015 6:16:26 PM
STOCK ON VENTILATOR NOW ...
CHD
224. CHD |   Link | Sep 15, 2015 4:27:24 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Septa, how do you view the scrip now ...?
Will it bounce or just slip further .....??
Septa
224.1. Septa |   Link | Sep 15, 2015 5:40:57 PM (4000+ Posts, 4600+ Likes)
Given the market condition And if it continues on red side I see more pain however if company reports a good of numbers for 2nd quarter then that could have a big effect. Also also after the 10 day listing we could really see picture. Btw I have invested in this stock for long term gains
CHD
224.2. CHD |   Link | Sep 17, 2015 7:09:01 AM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
That''s like a balanced /mature view .... thanks , Septa ...!
CHD
223. CHD |   Link | Sep 15, 2015 2:36:54 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
All hopes dashed ......to ground ...!
CHD
222. CHD |   Link | Sep 13, 2015 2:47:52 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Monday opening may be around 70 .... what do you think ....?
monty khandelwal
222.1. monty khandelwal |   Link | Sep 13, 2015 4:27:36 PM
5% is the upper limit so calculate that,I will be booking profits if the nifty reach 7900-7950......next week can be very vilatile......soon will be available at 60......then u can buy it again
bangalore king
222.2. bangalore king |   Link | Sep 13, 2015 7:47:21 PM (400 Posts)

CHD, what is the reason you feel so positive ? any news is there.. anyhow it will be in 5% circuit first 10 days since listing.
CHD
221. CHD |   Link | Sep 13, 2015 6:23:59 AM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Market like Life , offers no guarantees .....!
Septa
220. Septa |   Link | Sep 12, 2015 7:35:06 PM (4000+ Posts, 4600+ Likes)
Now given this forward integration the top line will increase presently top is at 280 cr. not sure how much the forward integration will add. But just the fertiliser sulphate potash of 10000 ton at present price will add 40 cr to to line which approx 15% plus not sure how to will add from dye sale forward integration
Viraj
219. Viraj |   Link | Sep 12, 2015 6:08:59 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
good stock,hold 85+ in diwali
IPOANALYSIS
218. IPOANALYSIS |   Link | Sep 12, 2015 2:55:52 AM
Charts looks promising. slowly and steadily its rising. considering its a small size issue of 70 crore only and profits increasing yoy . stock might enjoy good ride in coming months.
Uchit Patel
218.3. Uchit Patel |   Link | Sep 14, 2015 12:28:57 AM (500+ Posts, 1500+ Likes)
Please check ipo size , also multiply total shares offered in
In each category with 65 you will also get 196 crore.
Uchit Patel
218.4. Uchit Patel |   Link | Sep 14, 2015 1:23:07 PM (500+ Posts, 1500+ Likes)
IPOANALYSIS, sorry I am wrong.
I was referring to some other figures.
Septa
217. Septa |   Link | Sep 11, 2015 11:20:36 PM (4000+ Posts, 4600+ Likes)
Shree Pushkar Chemicals to forward integrate into dyes manufacturing

As a part of its forward integration strategy, Shree Pushkar Chemicals & Fertilisers Ltd, which made its debut on the bourses yesterday, will venture into dyestuff manufacturing with a new plant at its existing Lote-Parshuram site. “As a part of our forward integration strategy, we plan to venture into reactive dyes manufacturing with a plant having a capacity of 3000 tonnes a year,” said Punit Makharia, chairman & MD, Shree Pushkar Chemicals & Fertilisers Ltd.

Since, dyes manufacturing will raise the requirement of intermediates, the company will increase the capacity of H-acid by 750 tonnes and vinyl sulphone by 1000 tonnes. The current capacity of H-acid and vinyl sulphone at the site is 2400 tonnes per annum (tpa) and 2700 tpa, respectively. Shree Pushkar Chemicals is estimating to spend Rs 53 crore for this expansion project.

Dyes intermediates generates about 76% of the company’s revenues, while other three businesses - cattle feed, acids and fertilisers – account for the rest.

Speaking about the rationale behind forward integration plan, Makharia said, “The company, which produces 10 dye intermediates at one location, is into deep route backward integration. Hence, moving up the value chain with the foray into dyestuff manufacturing makes logical business sense. At the same time, demand for dyes is witnessing high growth in India, and thus providing huge opportunity for us.”

About 15 years back, the production of dye intermediates shifted to China and India with growing awareness of environment in Europe, and these two countries became major sourcing hub for global dye manufacturers. However, with China adopting a stricter environment regulations in the last couple of years, dye manufacturers are looking to increase their intermediates procurement from India. In addition, the shifting of textile manufacturing from China to other Asian countries has also forced global dyes maker to change their focus from China to India.

“USP of our company is that we are a zero-waste company. While other companies have to treat the waste (by-products) from their manufacturing facility (which increases their cost of production), we waste as a starting material for our other products. Due to our zero-waste business model, we are in advantageous position to leverage the emerging opportunities as global companies are eyeing to procure raw materials from companies that are adopting environment-friendly processes,” said Punit Makharia.

In addition to dyes expansion, Shree Pushkar Chemicals is planning to up a manufacturing plant for sulphate of potash (SOP), a soluble fertiliser. The company will invest about Rs 19 crore in the SOP plant, which will have 10,000 tonnes per year capacity.
Septa
217.3. Septa |   Link | Sep 13, 2015 1:13:19 AM (4000+ Posts, 4600+ Likes)
If u r sleepless abt daily price movement then equity is not the asclass u should invest. May just stick to debt asset. Btw if market goes to 21000 then u can bet shree pushkar will be not 85 it will be 50 Booz 20% correction will bring in a big bear phase where fundamental stock blue chip stock all will slaughter and if it correct 20% then investor will jump ship especially new retail investor. But if it correct 20% from here then I will borrow and invest
Lionbull
217.4. Lionbull |   Link | Sep 13, 2015 12:24:00 PM
I will definitely google and see what debt funds are. It is a good and new suggestion by you for new investors. Let me clarify few points.

1. 99.99% of us here are not FIIs or DIIs. We are just individuals who trade in the share market to make money better than bank interest. Not for losing, and borrowing when the markets become low.

2. Watching TV and market news online, every retail individual is having wishes to create some profit and find some avenue for earning money. We are all just wavering dust in the wind that blows, that directs the dust. I mean by the wind, the Institutional buyers and the dust is us.

3. Most seniors are knowledgeable, and newbees are without knowledge. that is the reason these questions are asked, like a shishya asking a guru. Some of us dont knw what is book value, pe ratio (in fact even i dont know). View points collected from people like you are guidance for us.

Sorry, if my questions were too basic, and if I had painted an embaassment on myself. I also thank you very much for clearing my mind that pushkar will also go down to 50 if market go down like 21k.
CHD
216. CHD |   Link | Sep 11, 2015 5:32:16 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
It rose upto 5% today ....& if markets help on Monday again it can touch 68 plus ....!
pinkyjain
215. pinkyjain |   Link | Sep 11, 2015 11:22:49 AM
Hold hold 70 u will see soooooon
bangalore king
215.1. bangalore king |   Link | Sep 11, 2015 11:44:32 AM (400 Posts)

Really hoping for that.. have 7 lots !
Lionbull
215.2. Lionbull |   Link | Sep 11, 2015 4:45:11 PM
Septa, Pinky, and Nasirul:

Let me know what is the strategy to do with pushkar chemicals.
1. Should I wait for some more time for at least 10 rupee profit, or will it go down soon if market goes into red again from Monday onwards?

2. If it goes up, what is the expected period for it to go up?
CHD
214. CHD |   Link | Sep 11, 2015 10:44:43 AM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Septa .... still No trace of 100 shares bought by me yesterday .... very strange of this T category listing ?
monty khandelwal
214.4. monty khandelwal |   Link | Sep 11, 2015 1:38:26 PM
No BTST for t2t segment...u can sell only that much which are in your demat account..and for securities projection, u will get ur shares on your Monday evening....and u can sell only on tursday....hope this resolves ur query
CHD
214.5. CHD |   Link | Sep 11, 2015 5:13:44 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Thanks, boss ... so I can sell on Tuesday , Monty ... if I rceive the shares in my Demat by Monday evening .... keeping fingers crossed about where the price may head by then ....?
CHD
213. CHD |   Link | Sep 10, 2015 11:32:47 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Septa, I sold 100 shares of Pushkar after buying he same qty at NSE today .... while 100 sh have been debited to y Demat account .... when will those 100 bought by me will come into my Demat A/c ... any idea ..?
Septa
213.2. Septa |   Link | Sep 11, 2015 12:00:48 AM (4000+ Posts, 4600+ Likes)
U cannot intratrade in t listing I bit confused how u brought and sold in the same day.... Did u get any share allotment. In that case May be u sold 100 share u got allotted which is one single dilvery based trade the share u brought 100 from open market is a new trade .. If that is case then u should get the share in ur DP holding by next trading day.....
CHD
213.3. CHD |   Link | Sep 11, 2015 5:52:15 AM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Septa, thanks for the explanation , but the shares bought by me are not being shown under Security projection , as is usually the case , when shares are to be received ... in Icicidirect.com .....why so ...?
Lionbull
212. Lionbull |   Link | Sep 10, 2015 6:45:04 PM
Ok we understand if the share is 5% up or down from the opening price, it will be freezed for trading.

Today, it freezed. Once it is freezed, how many days it will take for the stock to become tradeable?

Say for example, will it be released from freeze status and become tradeable tomorrow (or - how many days it will take to release from freezing)?
Septa
212.2. Septa |   Link | Sep 10, 2015 7:29:29 PM (4000+ Posts, 4600+ Likes)
My guesstimate is that it will take the lower price of BSE or NSE or cancel all standing order in both exchange at start the process again not sure let see what happens when it opens for trade tomorrow
star ipo
212.3. star ipo |   Link | Sep 10, 2015 8:50:29 PM
Tomorrow on bse pennar likely tobe fridge at 165.20 while at nse trading seen 166 to 169