Khadim India Limited IPO Message Board (Page 21)

11. IPO LEADER | Link | Bookmark | October 24, 2017 8:43:18 PM

IPO Mentor (800+ Posts, 400+ Likes)

100-103 MLL
75 buyer Nippon
(22) buyer Gic
Aag lg gai Grey me

10. ~~Padali srinivasan~~ | Link | Bookmark | October 24, 2017 1:36:43 PM

NAV of both BATA(5) and KHADIM (10) is looking similar. Hence pricing of Khadim should be around 600 and after listing it should trade around 850 with a gain of 250 per share. Pricing beyond this limit would prove the company is greedy and it''s trying to exploit the mood of market

10.1. ~~AnkurGoel~~ | Link | Bookmark | October 24, 2017 7:35:38 PM

According to the issue size and number of share offered, issue price will be more than 900.

10.2. Pokemongo | Link | Bookmark | October 24, 2017 7:43:42 PM

Top Contributor (400+ Posts, 300+ Likes)

At 40 PE it will be 700 and 50 PE it will be 900 and at 60 PE it will be 1050.

So I think they will go for 50PE

9. Pokemongo | Link | Bookmark | October 24, 2017 7:39:40 PM

Top Contributor (400+ Posts, 300+ Likes)

As per Screener Data -

Bata PE - 56
Relaxo PE - 50
Liberty PE - 85

8. Pokemongo | Link | Bookmark | October 24, 2017 7:36:59 PM

Top Contributor (400+ Posts, 300+ Likes)

How to calculate Price of share if you know the EPS and PE Ratio.

Suppose Earnings per share in this case is 17.78. Now take approx PE ratio of 45 which is there for Bata/Relexo/Liberty.

Hence,
PE Ratio = Price/EPS

Therefore to derive the Price of Share -

Price = EPS * PE Ratio

Price = 17.78 *45

so Price = 800

7. Pokemongo | Link | Bookmark | October 24, 2017 7:33:04 PM

Top Contributor (400+ Posts, 300+ Likes)

If Khadim comes at PE of 47 or price to book of approx 7.5 then it''s issue price will be near 800 Rs which will be fully priced.

So i think for retailers issue should be priced at around 600 which would have some listing gains.

6. IPO LEADER | Link | Bookmark | October 24, 2017 6:27:19 PM

IPO Mentor (800+ Posts, 400+ Likes)

Last gmp
MLL106-108
Nippon 70-71
Gic (24)-(25)

5. MickeyP | Link | Bookmark | October 24, 2017 1:58:20 PM (300+ Posts, 500+ Likes)

As per DRHP,
Industry P/E ratio Highest 47.85
Industry P/E ratio lowest 42.31
Let us see what would be the price band of Khadims and PE

4. Jain Sahab | Link | Bookmark | October 24, 2017 1:52:38 PM (300+ Posts, 200+ Likes)

Keep track BATA share
BATA may surge after Khadim price band announcement

3. Jain Sahab | Link | Bookmark | October 24, 2017 1:04:20 PM (300+ Posts, 200+ Likes)

Looking Good..

2. Solution of Queries | Link | Bookmark | October 24, 2017 11:33:42 AM (1100+ Posts, 1400+ Likes)

Yes very low no. of shares offering.......!!

Retailers allotment tough.

1. Ficpl | Link | Bookmark | October 24, 2017 11:04:40 AM

Top Contributor (200+ Posts, 500+ Likes)

I think price range should be between 880 to 920.

Overall it looks good.

Allottment will be tough.