IPO Grey Market Premium (June, 2018 Messages)

IPO Grey Market is the over-the-counter market where deals are done in-person only among the trusted group of investors. The deals are usually facilitated by the broker in neighborhood. In this market, an investor could sell IPO share or IPO application before the company gets listed on the stock exchange.

IPO Grey Market Premium (IPO GMP) is the premium at which the IPO shares are traded in the grey market. Kostak Rate is the rate at which you can sell the IPO application for a fixed price irrespective to you get IPO allotment or not.

Note: The messages express the views of the author of the message. We do not actively monitor the contents of posted messages on this forum. We are not responsible for the contents of any messages posted. Do not vouch for or warrant the accuracy, completeness or usefulness of any message.

This page shows the archived IPO Grey Market Messages received in June, 2018

Current IPO Grey Market Premium in India  Grey Market FAQs


IPO Grey Market Discussion

June, 2018 Messages

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Tacksas
56. Tacksas  Jun 30, 2018 20:24 I Like It. | Report Abuse
Varroc GMP ??
???????????? IPO CALLING ????????????
55. ???????????? IPO CALLING ????????????  Jun 30, 2018 16:43 I Like It. | Report Abuse
Varroc

Pe around 30
Industry average pe 42.6
So around 967*42.6/30. Fare price 1373

Bhio see magic on listing dayyyyyyyy
Pintu.P
54. Pintu.P  Jun 29, 2018 23:29 I Like It. | Report Abuse
Now see magical listing of varroc engg, who are missed...
Armaan
54.3. Armaan  Jun 30, 2018 15:58 I Like It. | Report Abuse
Varroc
???????????? IPO CALLING ????????????
54.4. ???????????? IPO CALLING ????????????  Jun 30, 2018 16:33 I Like It. | Report Abuse
List @1100 gmp 30 only ..buy on listing day
Re.analist
53. Re.analist  Jun 30, 2018 13:27 I Like It. | Report Abuse
I think Rites listing above 235/240 and touch 280/90 . Excellent company . 3 point big positive.
1 . Issue price very low comper with fundamental balanceseet
2. QIB oversubscribed 71 time
3 . NII oversubscribed 194 time
4. Company orderbook very strong current and future.
vinay vaidya
52. vinay vaidya  Jun 29, 2018 19:53 I Like It. | Report Abuse
Eagleye maaam
pl share ur estimates of HDFC AMC and oblige
SHAH S
52.1. SHAH S  Jun 29, 2018 21:36 I Like It. | Report Abuse
Pls tell varroc primium
Tacksas
51. Tacksas  Jun 29, 2018 18:27 I Like It. | Report Abuse
Hello
pravin mangukia
50. pravin mangukia  Jun 29, 2018 16:07 I Like It. | Report Abuse
Rites & fine ipo investment ke liye accha hain Lekin verroc ipo kafi high prices lagti hain means no profit
dpcdsl
49. dpcdsl  Jun 28, 2018 01:04 I Like It. | Report Abuse
Intimation of allotment of RITES and Fine Organic on 28th Jun after noon.

Online application for Varroc, against un allotted fund of RITES & Fine Organic may not be possible as most of the banks unblock ASBA only after bank hours.

However, one may apply through offline forms and utilize fund, as these forms shall be presented to Banks for blocking of Varroc application money on or after Friday, 29th Jun.
vijaycube
49.1. vijaycube  Jun 28, 2018 19:40 I Like It. | Report Abuse
Right
BHANWAR BHOOTRA
49.2. BHANWAR BHOOTRA  Jun 28, 2018 20:49 I Like It. | Report Abuse
LET ME KNOW GMP OF RITES
Rajnikant sanghani
48. Rajnikant sanghani  Jun 28, 2018 16:49 I Like It. | Report Abuse
Rites allotment out.amount debited..
kumars
48.1. kumars  Jun 28, 2018 18:05 I Like It. | Report Abuse
where can we check Rites allotment
Arvind bhonde
48.2. Arvind bhonde  Jun 28, 2018 18:32 I Like It. | Report Abuse
Latest GMP of rites IPO if anyone
kumars
47. kumars  Jun 28, 2018 18:04 I Like It. | Report Abuse
Rites IPO alloted, amount debited from account HDFC.
Rajnikant sanghani
46. Rajnikant sanghani  Jun 28, 2018 16:49 I Like It. | Report Abuse
Rites allotment out.amount debited..
ABHISHEK KUMAR TIWARI
45. ABHISHEK KUMAR TIWARI  Jun 28, 2018 12:54 I Like It. | Report Abuse
How to use
Uchit Patel
44. Uchit Patel  Jun 21, 2018 09:24 I Like It. | Report Abuse
Fine Organic IPO:

I am avoiding this IPO. It is fully priced IPO. Market condition is not favourable. World markets are in fear of trade war. I am not taking risk in this situation in this company. Also this is OFS. Company is not making any money out of this IPO. Money goes to Promoters not in company expansion. When market conditions are not favourable investors see all things. Only OFS is making negative impact. I will wait for listing and results of next 2-3 quarters before make any decision. Though company has cash and market leader in some segments.
Arvind bhonde
44.1. Arvind bhonde  Jun 27, 2018 19:15 I Like It. | Report Abuse
When is rites IPO allotment, if anybody know?
Arvind bhonde
44.2. Arvind bhonde  Jun 27, 2018 19:15 I Like It. | Report Abuse
When is rites IPO allotment, if anybody know?
Bullish
43. Bullish  Jun 27, 2018 17:56 I Like It. | Report Abuse
Rites nu GMP 100 rs
Fine nu 200 rs.
and Varroc nu 300 rs at the time of listing enjoy all
JIGMEH
42. JIGMEH  Jun 27, 2018 16:39 I Like It. | Report Abuse
WHAT ABOUT DCM SHRIRAM & PC JWELLERS BUYBACK DATE?
Eagleye
41. Eagleye  Jun 26, 2018 17:13 I Like It. | Report Abuse
THE MOST RELIABLE
List of Main board IPOs IN THE PIPELINE
(Status as on 22nd June 2018)


A) DRHP Filed - SEBI Approval *Awaited*:

1) Aavas Financiers >>> DRHP date 21-Jun-18
2) Anmol Industries >>> DRHP date 20-Jun-18
3) Vectus Industries >>> DRHP date 18-Jun-18
4) Avana Logistek >>> DRHP date 15-Jun-18
5) Hinduja Leyland Finance >>> DRHP date 14-Jun-18
6) Century Metal Recycling >>> DRHP date 11-Jun-18
7) Craftsman Automation >>> DRHP date 08-Jun-18
8) Montecarlo >>> DRHP date 10-May-18
9) ReNew Power >>> DRHP date 08-May-18
10) PN Gadgil & Sons >>> DRHP date 04-May-18
11 Shakun Polymers >>> DRHP date 04-May-18
12) G R Infraprojects >>> DRHP date 30-Apr-18
13) Lodha Developers >>> DRHP date 26-Apr-18
14) Crystal Crop Protection >>> DRHP date 04-Apr-18
15) Dinesh Engineers >>> DRHP date 28-Mar-18
16) Mazagon Dock Shipbuilders >>> DRHP date 28-Mar-18
17) IRCON International >>> DRHP date 27-Mar-18
18) K P R Agrochem >>> DRHP date 26-Mar-18
19) SembCorp Energy India >>> DRHP date 22-Feb-18
20) Flemingo Travel Retail >>> DRHP date 15-Feb-18
21) Route Mobile >>> DRHP date 22-Jan-18
22) Vishwaraj Sugar Industries >>> DRHP date 20-Dec-17
23) Srei Equipment Finance >>> DRHP date 28-Nov-17


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

1) HDFC AMC >>> SEBI Approval 22-Jun-18
2) Nekkanti Sea Foods >>> SEBI Approval 22-Jun-18
3) Atria Convergence Technologies >>> SEBI Approval 15-Jun-18
4) Sandhya Marines >>> SEBI Approval 12-Jun-18
5) CreditAccess Grameen >>> SEBI Approval 12-Jun-18
6) Genius Consultants >>> SEBI Approval 04-Jun-18
7) Garden Reach Shipbuilders & Engineers >>> SEBI Approval 22-May-18
8) Rail Vikas Nigam >>> SEBI Approval 17-May-18
9) Devi Seafoods >>> SEBI Approval 11-May-18
10) TCNS Clothing Co. >>> SEBI Approval 04-May-18
11) John Energy >>> SEBI Approval 27-Apr-18
12) Nazara Technologies >>> SEBI Approval 20-Apr-18
13) Capricorn Food Products India >>> SEBI Approval 12-Apr-18
14) Krishna Institute of Medical Sciences >>> SEBI Approval 07-Mar-18
15) Patel Infrastructure >>> SEBI Approval 05-Mar-18
16) Indian Renewable Energy Development Agency >>> SEBI Approval 16-Feb-18


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

17) Barbeque-Nation Hospitality >>> SEBI Approval 05-Jan-18
18) Acme Solar Holdings >>> SEBI Approval 15-Dec-17
19) CMS Info Systems >>> SEBI Approval 30-Nov-17
20) Reliance General Ins. Co. >>> SEBI Approval 29-Nov-17
21) Seven Islands Shipping >>> SEBI Approval 10-Nov-17
22) Prince Pipes and Fittings >>> SEBI Approval 03-Nov-17
23) Gandhar Oil Refinery (India) >>> SEBI Approval 26-Oct-17
sanjay vora
40. sanjay vora  Jun 26, 2018 11:00 I Like It. | Report Abuse
varroc ipo nu gmp ketlu che ane ipo kevo che
marutient
39. marutient  Jun 25, 2018 23:12 I Like It. | Report Abuse
Boi ME kisi ka amount block hua?
ABCZ
38. ABCZ  Jun 25, 2018 19:35 I Like It. | Report Abuse
DRHP of HDFC AMC has been cleared by SEBI on 22 June 2018.
Uchit Patel
37. Uchit Patel  Jun 25, 2018 11:17 I Like It. | Report Abuse
Varroc Engineering IPO:

Backed by big auto group of India (Bajaj). Good product portfolio in auto ancillary segment.
Products used for two 2-3-4 wheeler and commercial vehicles. Good client list. All over world expansion. Good growth in topline more than 15% in last four years except one year. Excellent growth in bottom line in last four years except one year.

Some interesting things in which I am bullish:
- Operate in auto ancillary sector. Sector is hot in India.
- Products for two wheeler also. In India two wheeler always shows growth. In India there are no other options than two wheeler.
- Backed by Bajaj group. HERO and HONDA both are market leaders in two wheelers in India. Both are clients of company.
- Good governance. Last year we saw listing of Endurance Technologies and price after listing. Promoter of Endurance is brother of Varroc Engineering.

If we compare on P/E basis, it is asking 30 times of earnings. It looks fully priced. If we compare it with peers then it ranging from 26 to 44. Wide range.

Recommendations:
Apply. Don't miss this opportunity. Listing gain will be less. It will over subscribe by 3 times in retail. Apply one application per account. This is big issue. Chances are more to get allotment. After listing investors should wait for 2-3 quarters. If in financial nos. shows growth for next 2-3 quarters then it will be portfolio stock like Endurance Technologies.
Knowledge Share
37.1. Knowledge Share  Jun 25, 2018 17:07 I Like It. | Report Abuse
What do you mean by backed by Bajaj auto.

Is it in DRHP???
Uchit Patel
37.2. Uchit Patel  Jun 25, 2018 18:27 I Like It. | Report Abuse
Personal relationships never display in DHRP. We need to study clients in initial years of Varooc Engineering operations.
Vimalkaria
36. Vimalkaria  Jun 20, 2018 23:31 I Like It. | Report Abuse
Bharat22 apply??
Any gmp??
Dev d
36.2. Dev d  Jun 21, 2018 14:58 I Like It. | Report Abuse
1500/- "net" in 2 lakh application....
Knowledge Share
36.3. Knowledge Share  Jun 25, 2018 17:08 I Like It. | Report Abuse
Stop payment cheque issued
Dev d
35. Dev d  Jun 25, 2018 15:42 I Like It. | Report Abuse
Please guide for TCS Buy Back...... . Should I buy 95 share for buy back...?
krishna gopal
34. krishna gopal  Jun 23, 2018 23:21 I Like It. | Report Abuse
high price issue of Verroc, what to do ??
chintan sanghvi
33. chintan sanghvi  Jun 22, 2018 20:32 I Like It. | Report Abuse
It's right time to buy TCS for buy back??? How much qty???
dngohel
33.1. dngohel  Jun 22, 2018 23:31 I Like It. | Report Abuse
Approx when book closure come so we can decide go for IPO or byback
dpcdsl
32. dpcdsl  Jun 22, 2018 17:21 I Like It. | Report Abuse
Retails got their fund stuck in RITES and shall face tough scene in allotment as oversubscribed 15 times. While in Fine Organic chances of allotment is firm and looking into FII's & NII's demand in last hour, listing gain is for sure.
JSK,Mum
31. JSK,Mum  Jun 22, 2018 12:31 I Like It. | Report Abuse
What is KOSHTAK PRICE of rites & fine organics IPO
KATAPPA JINDA HAI
30. KATAPPA JINDA HAI  Jun 22, 2018 07:35 I Like It. | Report Abuse
What is grey market premium of rites & fine organics ipo
sanjay vora
29. sanjay vora  Jun 21, 2018 23:15 I Like It. | Report Abuse
riites nu latest gmp
marutient
28. marutient  Jun 21, 2018 19:47 I Like It. | Report Abuse
Eagleye..... Fine IPO apply ya avoid? Plz reply
Uchit Patel
27. Uchit Patel  Jun 20, 2018 12:13 I Like It. | Report Abuse
RITES IPO:
Apply without fear. Price is reasonable. Chances are more it will list on premium. Issue size is small. Allotment is tough. Allotment ratio should be 1:5 or more. Chances are almost zero that it will list in discount in any circumstances.
IPO.OPTION
27.1. IPO.OPTION  Jun 20, 2018 18:27 I Like It. | Report Abuse
Sir, Guide about FINE ORGANICS plzzzzzzzz. Apply or not???
Uchit Patel
27.2. Uchit Patel  Jun 20, 2018 20:37 I Like It. | Report Abuse
FINE Organics is fully priced. Market condition is not good. World markets have fear from trade war between countries. I will not take risk in present condition in this company. I will wait for listing and results of next 2-3 quarters.
IPO BABA
26. IPO BABA  Jun 20, 2018 13:10 I Like It. | Report Abuse
Latest GMP of RITES and Fine Organics please
Eagleye
25. Eagleye  Jun 15, 2018 15:36 I Like It. | Report Abuse
Fine Organics: Please refer pages 67 & 69 & 102 of the RHP

On Page #102 of RHP

EPS for FY14-15 >>> Rs.18.35
EPS for FY15-16 >>> Rs.24.95
EPS for FY16-17 >>> Rs.25.56
&
EPS for 9M17-18 >>> Rs.26.38 (Not Annulaised)


However, I think it's an error ... the 9 months EPS is in fact *Annualized* ... you can do your calculation

I looked at Profit for 9 months on page #69 and annualized it ... and I saw no growth over FY'17 ... Profit for 9 months is 609.44 x 4/3 = 812.59 ... last year's profit is 783.62 ...

Whereas, page 102 mentions that EPS for 9M17-18 is Rs.26.38 (Not Annulaised) so I don't know what mistake I am making
Knowledge Share
25.1. Knowledge Share  Jun 19, 2018 21:09 I Like It. | Report Abuse
It is offer for sale

So entire money will be pocketed by promoters.
No benefit of our money to company or us.

So be careful b4 applying.
Knowledge Share
25.2. Knowledge Share  Jun 25, 2018 17:05 I Like It. | Report Abuse
Hi
Eagleye
24. Eagleye  Jun 13, 2018 00:03 I Like It. | Report Abuse
Subscription Expected
RII = 7.5L Forms = 7.14X Applic. wise (Avg allotment of ~11.20 shares per lot)
NII = 10K Crs. = ~150X

Interest cost @5.5%p.a. for 7days = 19.514paise for 1X

Thus, for NII the costing = 150 X 19.51 paise = Rs.29.30 per share (GMP)

And, for RII the costing = 29.30 X 11.2 = Rs. ~350/- (Kostak)




RITES IPO - *expected*

GMP 30
Kostak 350
Knowledge Share
24.2. Knowledge Share  Jun 18, 2018 20:48 I Like It. | Report Abuse
Subscription figure stated may not be realistic for NII.

Pl do share basis. Unless there is GMP, NII will not apply and if NII don't apply then Retail investor will not apply.
So first GMP or first over subscription is to question. You have first calculated oversubscription and then arrived gmp.

My view is that first GMP and then over subscription.

Pl check.
Knowledge Share
24.3. Knowledge Share  Jun 19, 2018 19:54 I Like It. | Report Abuse
Pure guess work. People like something to read in favour to apply with idle funds.

Eagleye
23. Eagleye  Jun 13, 2018 15:59 I Like It. | Report Abuse
RITES IPO - *Market Estimates of oversubscription*:

RII = 7.5L Forms = 7.14X Applic. wise (Avg allotment of ~11.20 shares per lot)
NII = 10K Crs. = ~150X

Interest cost @5.5%p.a. for 7days = 19.514paise for 1X

Thus, for NII the costing = 150 X 19.51 paise = Rs.29.30 per share (GMP)

And, for RII the costing = (29.30+6) X 11.2 = Rs. ~400/- (Kostak)



RITES IPO - *GMP Expected*

GMP 30
Kostak 400
vijaycube
23.5. vijaycube  Jun 28, 2018 19:39 I Like It. | Report Abuse
right information
DDM
23.6. DDM  Jun 29, 2018 00:11 I Like It. | Report Abuse
Nice calculation.pl show the same for "varroc"
SAJAL SHETH
22. SAJAL SHETH  Jun 19, 2018 12:10 I Like It. | Report Abuse
Is below mentioned GMP correct ?

RITES (IPO) = 44 to 45
Fine Organics = 40 to 42
MASTER STROKE
21. MASTER STROKE  Jun 18, 2018 20:24 I Like It. | Report Abuse
Varoc Engineers Limited IPO

Open 26 06 18
Close 28 06 18

Issue Size upto 2,02,21730/-

Price Band will be declared tomorrow

Face Value : Rs.1/-
Manish berlia
20. Manish berlia  Jun 17, 2018 13:49 I Like It. | Report Abuse
Hi some one tell me gray of onganic ipo
Eagleye
19. Eagleye  Jun 13, 2018 18:41 I Like It. | Report Abuse
Fine Organics IPO - Schedule (Pg #472 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
28th June - Credit to Demat Accounts
02nd July - Listing on NSE & BSE


Fine Organics IPO - Issue Information *(FINAL)*

Issue Opens on: 20 June 2018
Issue Closes on: 22 June 2018
Issue Type: Book Built Issue IPO
Issue Size: 76,64,994 Equity Shares
Face Value: Rs 5 per Equity Share
Issue Price: Rs.775 - Rs.783 per Equity Share
Market Lot: 19 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,06,59,976 Equity Shares
Offer for Sale of 76,64,994 Equity Shares @783 = Rs.600.169 Crores
Equity Shares outstanding after the Issue = 3,06,59,976 Equity Shares

Category-wise Break up:.
Anchor - 22,99,497 Shares = 180.05Crs
QIB - 15,32,999 Shares = 120.03Crs
NII - 11,49,750 Shares = 90.03Crs
RII - 26,82,748 Shares = 210.06Crs (Lot size: 19 = 1,41,197 Forms)
Total Issue - 76,64,994 Equity Shares = 600.17Crs.

Subscription required for 1X
RII = 1,41,197 Forms
NII = 90.03 Crs

Interest cost @5.5%p.a. for 7days = 82.59paise for 1X


Fine Organics IPO - Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.18.35 (Page #102 of RHP)
EPS for FY15-16 >>> Rs.24.95 (Page #102 of RHP)
EPS for FY16-17 >>> Rs.25.56 (Page #102 of RHP)
EPS for 9M17-18 >>> Rs.26.38 (Page #102 of RHP)

RoNW for FY14-15 >>> 25.66% (Page #103 of RHP)
RoNW for FY15-16 >>> 31.91% (Page #103 of RHP)
RoNW for FY16-17 >>> 24.65% (Page #103 of RHP)
RoNW for 9M17-18 >>> 17.34% (Page #103 of RHP)

NAV as on December 31, 2017 was Rs.114.65 (Page #104 of RHP)

Listed Industry Peer Group (Page #104 of RHP): Galaxy Surfactants Limited
vinay singal
19.1. vinay singal  Jun 16, 2018 19:20 I Like It. | Report Abuse
What is tha premium of Rites ipo
Santhi
18. Santhi  Jun 16, 2018 10:39 I Like It. | Report Abuse
Sbi smart
Santhi
17. Santhi  Jun 16, 2018 10:39 I Like It. | Report Abuse
Sbi smart
Eagleye
16. Eagleye  Jun 15, 2018 15:36 I Like It. | Report Abuse
Comparison between current valuations
of Galaxy Surfactants & Fine Organics :

Known fact,
Galaxy Surfactants
EPS for the 12M FY17 is Rs.41.64
EPS for the 12M FY18 is Rs.44.57
Growth of 7.04% y-o-y

@CMP of Rs.1275
The trailing PE is 28.61X

Whereas,
Fine Organics (refc. pg #102)

EPS for the 12M FY17 is Rs.25.56
If, EPS for the 9M FY18 is Rs.26.38 is *NOT Annualised*
Then Growth is 37.61% y-o-y

And we offer same PE i.e. 28.61X
Then, the target = Rs.1000+

However,
EPS for the 12M FY17 is Rs.25.56
If the EPS for the 9M FY18 is Rs.26.38 is *Annualised*
Then Growth is 3.21% y-o-y

And, if we offer same PE i.e. 28.61X
Then, the target = Rs.750+

From this one can easily infer that a small error of Annualised or NOT Annualised can translate into a significant premium or discount to IPO issue price
Dev d
15. Dev d  Jun 15, 2018 11:38 I Like It. | Report Abuse
Any view on Bharat 22 ETF ..... ? 2.5% discount ....... can we earn 1/- Rs. per unit or 5000/-Rs on 2 lakh application ......?
SekharG
15.1. SekharG  Jun 15, 2018 15:19 I Like It. | Report Abuse
Depends upon final offer price
Eagleye
14. Eagleye  Jun 13, 2018 16:00 I Like It. | Report Abuse
Fine Organics IPO - *Market Estimates of oversubscription*:

RII = 7.5L Forms = 5.31X Applic. wise (Avg allotment of ~3.6 shares per lot)
NII = 15K Crs. = ~167X

Interest cost @5.5%p.a. for 7days = 82.59paise for 1X

Thus, for NII the costing = 167 X 82.59 paise = Rs.138/- per share (GMP)

And, for RII the costing = 138/- X 3.58 = Rs. ~500/- (Kostak)


Fine Organics IPO - *GMP Expected*
GMP 140
Kostak 500
Eagleye
13. Eagleye  Jun 13, 2018 11:09 I Like It. | Report Abuse
Fine Organics IPO - Schedule *(TENTATIVE)*

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


Fine Organics IPO - Issue Information *(TENTATIVE)*

Issue Opens on: 20 June 2018
Issue Closes on: 22 June 2018
Issue Type: Book Built Issue IPO
Issue Size: 76,64,994 Equity Shares
Face Value: Rs 5 per Equity Share
Issue Price: Rs.775 - Rs.783 per Equity Share
Market Lot: 19 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,06,59,976 Equity Shares
Offer for Sale of 76,64,994 Equity Shares @783 = Rs.600.169 Crores
Equity Shares outstanding after the Issue = 3,06,59,976 Equity Shares

Category-wise Break up:.
Anchor - 22,99,497 Shares = 180.05Crs
QIB - 15,32,999 Shares = 120.03Crs
NII - 11,49,750 Shares = 90.03Crs
RII - 26,82,748 Shares = 210.06Crs (Lot size: 19 = 1,41,197 Forms)
Total Issue - 76,64,994 Equity Shares = 600.17Crs.

Subscription required for 1X
RII = 1,41,197 Forms
NII = 90.03 Crs

Interest cost @5.5%p.a. for 7days = 82.59paise for 1X


Fine Organics IPO - Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.19.70 (Page #92 of DRHP)
EPS for FY15-16 >>> Rs.24.85 (Page #92 of DRHP)
EPS for FY16-17 >>> Rs.25.33 (Page #92 of DRHP)
EPS for 9M17-18 >>> Rs.25.34 (Page #92 of DRHP)

RoNW for FY14-15 >>> 29.46% (Page #93 of DRHP)
RoNW for FY15-16 >>> 31.35% (Page #93 of DRHP)
RoNW for FY16-17 >>> 26.51% (Page #93 of DRHP)
RoNW for 9M17-18 >>> 16.64% (Page #93 of DRHP)

NAV as on December 31, 2017 was Rs.114.76 (Page #94 of DRHP)

Listed Industry Peer Group (Page #94 of DRHP): NONE
Eagleye
12. Eagleye  Jun 12, 2018 10:12 I Like It. | Report Abuse
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
Eagleye
11. Eagleye  Jun 11, 2018 21:20 I Like It. | Report Abuse
Fine Organics IPO - Issue Information *(TENTATIVE)*

Issue Opens on: 20 June 2018
Issue Closes on: 22 June 2018
Issue Type: Book Built Issue IPO
Issue Size: 76,64,994 Equity Shares
Face Value: Rs 5 per Equity Share
Issue Price: Rs.775 - Rs.785 per Equity Share
Market Lot: 19 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,06,59,976 Equity Shares
Offer for Sale of 76,64,994 Equity Shares @1000 = Rs.766.50 Crores
Equity Shares outstanding after the Issue = 3,06,59,976 Equity Shares

Category-wise Break up:.
Anchor - 22,99,497 Shares = 180.51Crs
QIB - 15,32,999 Shares = 120.34Crs
NII - 11,49,750 Shares = 90.26Crs
RII - 26,82,748 Shares = 210.60Crs (Lot size: 19 = 1,41,197 Forms)
Total Issue - 76,64,994 Equity Shares = 601.70Crs.

Subscription required for 1X
RII = 1,41,197 Forms
NII = 90.26 Crs

Interest cost @5%p.a. for 7days = 75.274paise for 1X
Eagleye
10. Eagleye  Jun 11, 2018 21:20 I Like It. | Report Abuse
Fine Organics IPO - Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.19.70 (Page #92 of DRHP)
EPS for FY15-16 >>> Rs.24.85 (Page #92 of DRHP)
EPS for FY16-17 >>> Rs.25.33 (Page #92 of DRHP)
EPS for 9M17-18 >>> Rs.25.34 (Page #92 of DRHP)

RoNW for FY14-15 >>> 29.46% (Page #93 of DRHP)
RoNW for FY15-16 >>> 31.35% (Page #93 of DRHP)
RoNW for FY16-17 >>> 26.51% (Page #93 of DRHP)
RoNW for 9M17-18 >>> 16.64% (Page #93 of DRHP)

NAV as on December 31, 2017 was Rs.114.76 (Page #94 of DRHP)

Listed Industry Peer Group (Page #94 of DRHP): NONE
Eagleye
9. Eagleye  Jun 11, 2018 19:45 I Like It. | Report Abuse
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
8. Eagleye  Jun 11, 2018 19:04 I Like It. | Report Abuse
RITES IPO - Issue Information *(TENTATIVE)*

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.245 - Rs.250 per Equity Share
Market Lot: 60 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 @250 = Rs.630 Crores
Equity Shares outstanding after the Issue = 20,00,00,000 Equity Shares

Category-wise Break up:.
Anchor - 72,00,000 Shares = 180.00Crs
QIB - 48,00,000 Shares = 120.00Crs
NII - 36,00,000 Shares = 90.00Crs
RII - 84,00,000 Shares = 210.00Crs (Lot size: 60 = 1,40,000 Forms)
Emp - 12,00,000 Shares = 30.00Crs
Total Issue - 2,52,00,000 Equity Shares = 630Crs.

Subscription required for 1X
RII = 1,40,000 Forms
NII = 90.00 Crs

Interest cost @5%p.a. for 7days = 23.973paise for 1X
Eagleye
7. Eagleye  Jun 11, 2018 18:46 I Like It. | Report Abuse
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
Eagleye
6. Eagleye  Jun 11, 2018 18:45 I Like It. | Report Abuse
RITES IPO - Schedule (Pg #602 of RHP)

13th June - Price Band to be Announced
19th t 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
SAJAL SHETH
5. SAJAL SHETH  Jun 11, 2018 14:15 I Like It. | Report Abuse
How is IPO of
"RITES LIMITED" ?

RITES Limited is a wholly owned Government Company, a Miniratna (Category - I) Schedule 'A' Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India and the only company having diversified services and geographical reach in this field under one roof (Source: IRR Report). Based on Public Enterprise Survey 2015-2016, Company is ranked no. 1 based on net profit and dividend declared in Industrial Development and Technical Consultancy Services sector (Source: IRR Report).


Company have an experience spanning 44 years and have undertaken projects in over 55 countries including Asia, Africa, Latin America, South America and Middle East regions. Company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia). Company is a multidisciplinary engineering and consultancy organization providing diversified and comprehensive array of services from concept to commissioning in all facets of transport infrastructure and related technologies.

Offer Period
Opens on: Wednesday, June 20, 2018

Closes on: Friday, June 22, 2018


AKMP
4. AKMP  Jun 5, 2018 10:53 I Like It. | Report Abuse
SPECIALITY CHEMICAL THE DARLING OF SUPERSTAR BULLS IN TAILSPIN
AKMP
3. AKMP  Jun 5, 2018 10:52 I Like It. | Report Abuse
SUPERSTAR'S PORTFOLIO BLEEDING HEAVILY
DOLLY KHANNA, ANIL GOEL , PORINJU ETC
LOOK AT PERFFORMANCE OF
RAIN, NOCIL, THIRUMALAI, TINPLATE TO NAME FEW


DONT FOLLOW BLINDLY
RT
2. RT  Jun 4, 2018 14:43 I Like It. | Report Abuse
Why Sandhar Technology is going down continuously ?
Will anybody advise to hold or sell out before it goes in discount.
Vimalkaria
1. Vimalkaria  Jun 2, 2018 10:07 I Like It. | Report Abuse
I have alloted 1 lot of RKEC INFRA SME and ICE MAKE SME. The price is almost 70% down .what can I do ??
Sell , hold or stock transfer
Thankyou







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