Ushanti Colour Chem Limited IPO Message Board (Page 6)

valuation of company
POST ISSUE PRE ISSUE
EPS-----------------------------      3.27       4.44
NAV--------------------------------      27.74      16.18
RONW----------------------------- 11.78      27.42
DE----------------------------------- 0.71       1.65
EBIDTA MARGIN-----------------15.10      15.10
PAT MARGIN-----------------------6.49       6.49
PE----------------------------------18.35       13.51
P/BV      ---------------------------------2.16       3.71
MC/SALES------------------------ 1.19       0.88

The only issue one can consider. I think only panthomath and hen securities should come up now with quality issues. Except these LM all others should be ignored

QIB 50%
HNI 15%
RETAIL 35%
This sme issue allocation is just like main line ipo.
It is gujarat based company. Profit making company in last five years. LM is Pantamoth. Nse listing.
THIS ISSUE IS CLOSING when HDFC IS OPENING DAY. So retail subscription will be less. If HNI SUBSCRIBES ABOVE 10 TIMES WE CONSIDER THIS ISSUE.
2017 EPS 2.38
2018 HALF YEARLY EPS 3.4
It coming at a pe of 21 in 2017 earnings and 10 pe for DEC. 2018 earnings.
INDUSTRY HIGHEST PE 64 AND LOWEST PE 8.5
RONW 2017 IS 19.54%
DEC.2018 IS 21.8%
10 pe is very good but NAV is Rs.12.16 for 2017. Book Value is almost 5 times is little bit high.

I hope gamble sir consider this ipo worthy enough for leaving a review, Waiting desperatly gamble sir.

Asking for a valuation of 43 crores. Depends on performance of FY18. Appears slightly aggressively priced.

Apply with full force