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Cian Healthcare Limited IPO Message Board (Page 3)

RAJAKUMAR
19. RAJAKUMAR  Apr 27, 2019 19:51 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Dinesh, Small, Priyansh, Splendid
It compete with Pantamoth Par drugs So this issue very difficult to sail through.
Its book value is just 13 but issue price is 65.
Now company looks like skeleton because it utilized all reserves as bonus.
Before bonus issue it is fantastic company.
Now company requires two to three years to build Balance Sheet strong.
We are listing gainers so it may be skip.
If HNI subscribes more than 4 times then we consider it..
Dinesh Singh
19.1. Dinesh Singh  Apr 29, 2019 14:51 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Agree with you completely Raja...
Thanks for info..
BeingBuddy
19.2. BeingBuddy  May 12, 2019 09:48 I Like It. | Report Abuse
Thank you for sharing useful info....
Hawkeye.
18. Hawkeye.  Apr 27, 2019 19:20 I Like It. | Report Abuse
Very well managed business. Management is confident of reporting 30% CAGR growth.

Key concerns are: issuing at high PE, 7cr acquisition of sister company (we don't have info on valuation). And 45cr debt on book. I think this will open above offer price. Let see how many time it receive over subscription.
RAJAKUMAR
17. RAJAKUMAR  Apr 26, 2019 10:07 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Members
Skip all sme which is hni subscribed 2 times to sail through.
Wait for Pantamoth.
If any company hni subscribes more than 4 times then we consider.
I already told all sme listed at par or will listing at par, will not be useful for listing gainer like me.
So skip all sme ipo.
jajo
16. jajo  Apr 25, 2019 11:21 I Like It. | Report Abuse
Here's a request to please give us the names of some stock brokers who are dealing in SME listed shares. This information will be useful to many investors. Thanks in advance.
Athar
16.2. Athar  Apr 25, 2019 12:40 I Like It. | Report Abuse
Yes
jajo
16.3. jajo  Apr 26, 2019 09:47 I Like It. | Report Abuse
@Small Investors @Athar,
Thanks for your reply.
RAJAKUMAR
15. RAJAKUMAR  Apr 17, 2019 10:09 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Dinesh
First look Artemis seems good.
It coming around 10 pe.
Led Lighting and Led Elec. Appliance.
No Listed peer (As per DRHP)
Small Investors
15.1. Small Investors  Apr 17, 2019 13:30 I Like It. | Report Abuse
Dear Raja
we also wait Sumicot Ltd a textile base co and LM is Also Pantamath
GrowYourMoney
15.2. GrowYourMoney  Apr 18, 2019 12:22 I Like It. 4 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Rajkumar
Starlite Components of Nasik is exact peer to Artimies.
Visited both plants two Years back.
Artimies had good infrastructure that time.
Currently not aware of.
GrowYourMoney
14. GrowYourMoney  Apr 18, 2019 11:30 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
This message has been removed by a moderator.
GrowYourMoney
14.1. GrowYourMoney  Apr 18, 2019 11:35 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Money is Going to the Promoters through acquisition of own Co.
Need to be cautious.
Rahul the Investor
14.2. Rahul the Investor  Apr 26, 2019 15:25 I Like It. | Report Abuse
Met the owner and management team below are the comments from
which I feel is rationale

CIAN healthcare is aquiring Dr. Smith biotech private limited from promotors at the pure book value investment and No premium or interest is calculated on investment.

The motive to acquire the plant is to add new line of business ie softgel manufacturing facility in the existing company, which will be an added business line for nutracuitical business of the company. This plant is a state of art manufacturing facility located in haridwar which is at par with international standards.

Acquisition of plant will also help promoters to concentrate on the business of CIAN only and management bandwidth will be fully devoted for devlopment of CIAN.
RAJAKUMAR
13. RAJAKUMAR  Apr 17, 2019 09:44 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Small Dinesh
WHITE ORGANIC RETAIL
23 to 25
2k
Price 63 (Approx)
LM Finshore (LM Not like by small)
Tally Experts
13.3. Tally Experts  Apr 17, 2019 11:38 I Like It. | Report Abuse
Finshore is a Worst LM
Small Investors
13.4. Small Investors  Apr 17, 2019 13:37 I Like It. | Report Abuse
Dear Raja Fundamentals of this co are good and White Organic Agro Limited its Promoters Group but LM is Finchore its a negative
Tally Experts
12. Tally Experts  Apr 17, 2019 11:39 I Like It. | Report Abuse
May be Apply in this ?
RAJAKUMAR
11. RAJAKUMAR  Apr 17, 2019 09:40 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Dinesh, small
Artemis Electricals
24 to 30
Band 55 to 60
Lot 2k
LM Fedex
Ramkishan Kulharia
10. Ramkishan Kulharia  Apr 16, 2019 14:01 I Like It. 1 | Report Abuse
can I apply for cain health care please give me your golden coments
Rahul the Investor
10.1. Rahul the Investor  Apr 26, 2019 17:15 I Like It. 2 | Report Abuse
Yes I think, it's a good company with Good manufacturing and marketing setup, Good orders in hand, reasonably priced.
Payal Gangwani
9. Payal Gangwani  Apr 16, 2019 13:36 I Like It. | Report Abuse
Any Idea For Mindpool Technologies when can going up... I have one lot
SME BADSHAH
8. SME BADSHAH  Apr 14, 2019 15:38 I Like It. 1 | Report Abuse
Rajakumar:- Preeti Remedies is brought by L.M. Mark not Pantomarh.
RAJAKUMAR
8.1. RAJAKUMAR  Apr 16, 2019 10:50 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
yes sir
Priyansh Agrawal
7. Priyansh Agrawal  Apr 15, 2019 19:26 I Like It. | Report Abuse
Dear Rajkumar and Dinesh polycab listing tomorrow 16 april
Priyansh Agrawal
6. Priyansh Agrawal  Apr 14, 2019 13:19 I Like It. | Report Abuse
Dear Raja you are king of all board member
Small Investor
6.1. Small Investor  Apr 14, 2019 20:29 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Good Company
RAJAKUMAR
5. RAJAKUMAR  Apr 14, 2019 10:08 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Dinesh
31 Mar 2018 Eps is 2.3 Sep. 30 2018 is Rs.2,3 (If annualised means around 6 Eps on Mar 2019)
RONW 22.5% as on 31Mar 2018
NAV 122 as on 31 Mar 2018 and 159 as on Sep 2018 (Pre Bonus)
Post Bonus Nav is Just Rs. 13 as on 30 Sep. 2018. Company utilised all reserves as bonus before public issue.
Deccan trading 12 pe
Zota trading 62 pe
Sakar 21 pe
Jenburkt 12 pe (DRHP PAGE 96)
According to Splendid it coming at Rs. 65 so it oomes at par with Deccan.
Firrst Look seems not ok .
LM is Fedex.
Shareholders Fund 22Cr.
But Long Term Borrowings 24Cr. and Short Term Borrowing 20 Cr.
So Total borrowing 45 Cr. Debt Equity Ratio is 2:1
In Sme stock we can not predict which stock going to list with premium.


Dinesh Singh
5.1. Dinesh Singh  Apr 14, 2019 14:59 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Thanks Raja for your detailed analysis.
It will help many boarders.
RAJAKUMAR
4. RAJAKUMAR  Apr 14, 2019 10:17 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Small Dinesh, splendid, Pryanka Meghwal
Suich Ind coming this month end. LM Pantamoth.
Pantamoth other issues lined up
Gensol eng
Preeti Remedies
MDC
RAJAKUMAR
3. RAJAKUMAR  Apr 14, 2019 10:12 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Dinesh
Lets wait till last day of subscription and decide. No Pantamoth and H P
Splendid
2. Splendid  Apr 13, 2019 21:35 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Date-: 24 to 29 April
Price Band-: 61-65
Lot size-: 2000
Dinesh Singh
1. Dinesh Singh  Apr 13, 2019 20:11 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Dear Raja,
Your views on this stock.




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