TCNS Clothing Co. Limited IPO Message Board (Page 12)

Anyone can help what needs to be done in my case. I have shares of HAL and Indostar and both are running far behind than their issue price. Even so far that it looks like they wont even reach their issue price atleast in a year or 2 . Should I book loss and move out or stay or stay with them ?

Hold stocks which you feel will do good in future , like im holiding HDFC LIFE , BANDHAN BANK and Sandhar .. rest you can book profit or loss .

Hi ALL.........can any one suggest nifty closing for july expiry ?
Anysome who suggests options in this forum ? good luck to ALL.

When GIC will pay dividend and credit bonous share in account?

I too not received bonus shares of GIC. Anybody receved

Few Facts

- Incorporated in 1997, It is a Delhi based Apparel manufacturer under the brand W, Aurelia and Wishful

- It has 465 exclusive brand outlets, 1469 large format store outlet, and 1522 multi-brand outlet

- It is a debt free company and having an asset-light model, therefore, the break-even of a store comes quickly.

- This is purely a stake sale, by Wagner Ltd. 44% of the total issue and remaining by promoter and employees. The company isn't receive anything from this.

- Turnover and profits: Rs.488 cr/Rs.-41.50 cr (FY 16),Rs.713 cr/Rs.16 cr (FY 17), Rs.849 cr/Rs.98 cr (FY 18).

- Asking for a PE of around 44 and P/BV of 9.17 which makes it very costly.

- Last 3 years average EPS is Rs.7.23 and RONW of -1.08%

Interesting points

- 649066 shares were allotted to Onkar Singh & Arvinder Singh (Promoters) by way of CCD at a price of Rs.373 per share on 28 May 2018, Yes just one and half months back it was valued at almost half price and now they are among stake seller

- Again in June 2018, 42,98,660 were allotted to few employees in the form of ESOP at Rs.76-100 per share and now few among them are selling a big part of their holdings.

- They have mentioned very strong numbers and growth prospects in PPT. If it is so, in reality, then why are they selling stake?.

- Wagner bought 44% stake in October 2016 at 435.8 crores and may now value at 1785 crore.

Very risky, high priced IPO. better to avoid.

PN Gadgil approved by Sebi.

it good time to buy PCJ Share..?

No good time to buy PCJ. Stay away with the company. Even buyback could not change the sentiment. So strongly recommend to stay away.

Lodha Developers may launch IPO this month to raise Rs. 5,500 Cr.

All real estate companies are in bad shape incl Lodha Developers.Be v careful

In such market environment better to avoid such issue. When multiple stocks available at discount now

IRCON gets SEBI nod for IPO, issue likely in September 2018.

This company made losses in 2016. So retail portion should be 10% What do u say?

TCNS IPO:
Avoid this IPO. Very costly IPO. Textile, readymade garment sector outlook is also negative. We have very tough competition from Bangladesh in textile and readymade garment. Day by day Bangladesh's export and growth are increasing in comparison to India.

Gmp of Tcns is 27 - 29

Latest gmp any

18 - 20

HDFC 200 - 210
Kostak 800 - 850

For any ipo apply only after seeing last day after 2 pm subscrition figure. No one can judge ipo listing. every analysis is fail. just qib and hni figures works.

nbr 1 com RAYMOND getting 885 in various city then this ipo price very aggressive.dont subscribe.will see after 4/5 years.

Avoid Avoid Avoid

This IPO seems an avoid to me..

This message has been removed by a moderator.

Its indeed good

It is nowhere in any comparison with page. Page is into undergarment business with very less competitor . Tcsns is women apparel and has high competition .Also they posted loss in 2016. Expensive at pe of 40+ . Such business can be very risky .We already seen many apparel company like koutons canatbil provogue. It is avoid for me. The only company I like in this space is ashapura inmates which I think have Morgan fund invested and have huge expansion plans. Instead buy ashapura inmates from secondary market

Apply only if there is Hugh subscription And that too for listing gains and sell. I don't think it is a long term stock to be kept in portfolio as it carries huge risk.

Avoid clothing section is never favourable.

there is a record that if it fails then it fails very miserably

@Ghatol

Even Page Industries had listed in discount. Issue was priced at lower price band of 360-395 due to poor response. It made a low of 261 (down 27%) on listing day.

Since 2007 company has paid dividend of Rs 608 which is almost twice the issue price and CMP is Rs 28400

Page industries is undergarments company and will not be correct comparision. There is already listed company Ashapura inmates available in secondary market which is much cheaper compared to TCNS clothing . I will apply for HDFC only