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Navkar Corporation Limited IPO (Navkar Corporation IPO) Detail

Aug 24, 2015 - Aug 26, 2015

Navkar Corporation Limited is CFS operator in India with three CFSs, Ajivali CFS I and Ajivali CFS II at Ajivali and Somathane CFS at Somathane, which are strategically located in Panvel, Maharashtra.

Container freight stations (CFSs) and inland container depots (ICDs) are common user facilities with public authority status equipped with fixed installations.

As of December 31, 2014, our CFSs had an aggregate installed handling capacity of 310,000 TEUs per annum on the basis of our then current infrastructure and operating equipment.

Company have a private railway freight terminal (PFT) which allows us to load and unload cargo from container trains operating between our Somathane CFS and the JN Port and to transport domestic cargo to and from inland destinations on the Indian rail netwrk. As of December 31, 2014, we also own and operate 461 trailers for the transportation of cargo between our CFSs and the JN Port by road.

Company Promoters:

The promoters of the company are:

1. Mr. Shantilal Jayavantraj Mehta and
2. Mr. Nemichand Jayavantraj Mehta.

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
31 Mar 1531 Mar 1431 Mar 1331 Mar 12
Total Income3,320.143,701.873,380.012,689.44
Profit After Tax (PAT)743.60900.08567.13469.64

Objects of the Issue:

The objects of the Net Proceeds (as defined below) of the Fresh Issue are:

1. Capacity enhancement of the Somathane CFS;
2. Development of the non-notified areas of our CFSs; and
3. Establishment of a logistics park at Valsad (near Vapi)

Navkar Corporation IPO Details

Issue OpenAug 24, 2015 - Aug 26, 2015
Issue TypeBook Built Issue IPO
Issue Size[.] Eq Shares of Rs 10
(aggregating up to Rs 600.00 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 147 - Rs 155 Per Equity Share
Market Lot95 Shares
Min Order Quantity95 Shares
Listing AtBSE, NSE

Issue Size Detail

Public Issue of [.] Equity shares aggregating up to Rs 6000 million consisting of a fresh issue upto Rs 5100 million & an offer for sale upto Rs 900 million

Navkar Corporation IPO Subscription Status (Bidding Detail)

Navkar Corporation IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

8,163,266

6,122,449

14,285,714

28,571,429

Aug 26, 2015 09:00

6.47x

0.90x

1.62x

2.85x

Navkar Corporation IPO Prospectus

Navkar Corporation IPO Rating

561
4.0
Rating:Rated 4.0 stars

Vote Here ...

Navkar Corporation IPO Listing Date

Listing DateWednesday, September 9, 2015
BSE Script Code539332
NSE SymbolNAVKARCORP
Listing InB
ISININE278M01019
Issue PriceRs 155 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
Rs 155.00
Rs 152.00
Rs 152.00
Rs 168.40
Rs 166.40
NSE
Rs 155.00
Rs 152.00
Rs 152.00
Rs 169.45
Rs 166.85
26,761,101

Navkar Corporation IPO Reviews / Ratings

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Company Contact Information

Navkar Corporation Limited
205-206, J.K. Chambers,
Sector 17, Vashi,
Navi Mumbai 400 705, Maharashtra

Phone: +91 22 2766 8223
Email: cs@navkarcfs.com
Website: http://www.navkarcfs.com/

Navkar Corporation IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: ncl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

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Navkar Corporation IPO Review / Comments

ACML
444. ACML  Oct 6, 2015 18:49 I Like It. | Report Abuse
KEFE COFFEE DAY FROM NEXT WEEK
Viraj
443. Viraj  Sep 21, 2015 21:36 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
i hase been navkar 2 lot ipo time..
so hold ya sell ?
any information quterly result ?
monty khandelwal
442. monty khandelwal  Sep 18, 2015 12:57 I Like It. | Report Abuse
What to say about dis pinkyjain.......now saying sell power mech......earlier at the ipo was saying,apply karo munafa kuto,for shree pushkar saying sell now......hahahahahahha.....earlier saying will go till 70.......hahahaha......now saying hold navkar.........hahhahhaah......now what can be the fate of navkar.......hahahahah.......guys don''t believe......atleast Septa has his logical views.......but what to say about pinkyjain......no offence to anyone here.......just stating the fact.......
Arjunsinh Solanki
441. Arjunsinh Solanki  Sep 18, 2015 01:12 I Like It. | Report Abuse
bhai, jain ki scrips me paryushan ke dauran koi satta nahi hota. aaj paryushan khatam ho gaya hey. next week me delh lena heavy offloading hoga. 135 kab ayega yeh pata bhi nahi chalega.
Sanjay kant Sharma
440. Sanjay kant Sharma  Sep 12, 2015 22:21 I Like It. | Report Abuse
Wait for Navkar Quarterly result. after that it will touch 400
jaimim nai
440.1. jaimim nai  Sep 13, 2015 21:37 I Like It. | Report Abuse
navkar Quartely date .?
jeet - Har
440.2. jeet - Har  Sep 14, 2015 17:04 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
i think it should more clear after 29 th sep, fed meet/rbi rate cut/ monsoon
Sanjay kant Sharma
439. Sanjay kant Sharma  Sep 12, 2015 22:19 I Like It. | Report Abuse
Hi Friends..
Navkar ke liye mere comments pahle bhi positive the or aaj bhi.. par kuch log jo roj negative comments kar rahe the or mujhe khrida hua promotor bta rhe the unko jwab mil gya shayad..

Please Hold navkar, who sold at 168-69, they can buy on 162-63, Short Term target is 180, and 3 months target is Rs.350.

Company fundamental shown , it will go near 400 in 3 months..
Sreedhar R
439.1. Sreedhar R  Sep 14, 2015 13:34 I Like It. | Report Abuse
Fully agree
NKD
438. NKD  Sep 11, 2015 16:04 I Like It. | Report Abuse

Date      Company      Client      Tran      Qty      Traded Price
09-Sep-2015      Navkar Corp (BSE)      GKN SECURITIES      SELL      797127      161.88
09-Sep-2015      Navkar Corp (BSE)      GKN SECURITIES      BUY      797127      161.56
09-Sep-2015      Navkar Corp (NSE)      GKN SECURITIES      BUY      797527      162.29
09-Sep-2015      Navkar Corp (NSE)      GOLDMAN SACHS INDIA FUND LIMITED      BUY      1400000      167.53
09-Sep-2015      Navkar Corp (NSE)      GOLDMAN SACHS INDIA FUND LTD      BUY      1412146      160.99
09-Sep-2015      Navkar Corp (NSE)      GKN SECURITIES      SELL      797527      162.01
Viraj
437. Viraj  Sep 10, 2015 18:44 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
If market steble 2 or 3 day navkar goes to 180++
Sreedhar R
437.1. Sreedhar R  Sep 10, 2015 22:11 I Like It. | Report Abuse
Navkar just needs the market to revive from the current states. Has very good potential. I would personally recommend hold for 1-2 weeks atleast.
jignesh gondaliya
436. jignesh gondaliya  Sep 10, 2015 17:55 I Like It. | Report Abuse
What to do.....
I have 3 lots.....
hold or exit......
Septa
436.2. Septa  Sep 10, 2015 21:12 I Like It. | Report Abuse
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
Stop loss is good strategy however not at 155 Booz at that price u will make a loss after the brokerage.... Maybe break even or higher
jignesh gondaliya
436.3. jignesh gondaliya  Sep 11, 2015 09:38 I Like It. | Report Abuse
Thanks
NKD & Septa
Deep Sheth
435. Deep Sheth  Sep 10, 2015 15:05 I Like It. | Report Abuse
what to do for navkar? still have 2 lots...sell or not ? what will happen tomorrow?
jeet - Har
434. jeet - Har  Sep 10, 2015 00:22 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
The best comment award goes to

Who post chanakya link stating that company''s real PE is 6.7 n value of stock 67

NKD
433. NKD  Sep 9, 2015 20:32 I Like It. | Report Abuse
The price of the stock is not dependents on fundamentals it is only depends on the buyer and the seller if buyer is ready to buy at 50 60 PE then there is no concern with the same. hoping navkar will do better, after some day some of the brokerage howill come and will say that navkar had a good fundamentals and give the target price. Then retailers will run to buy and the smart money will get exit at the same. This is the game beyond fundamental.
jeet - Har
433.1. jeet - Har  Sep 10, 2015 00:18 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
True.
Jai Sainath
432. Jai Sainath  Sep 9, 2015 19:46 I Like It. | Report Abuse
Dear all,

Few people are commenting on this forum without any knowledge. People should see the fundamental of the company. People should not consider bogus writers comments. Standard Writers have kept distance do to these non responsible commentators. We should request to iporaja, babukalia etc for comming back on this forum.
jignesh gondaliya
431. jignesh gondaliya  Sep 9, 2015 18:44 I Like It. | Report Abuse
Su lage che...........
kale navkar up jase k nahi......
as per my pridiction it touch 180...
jeet - Har
431.1. jeet - Har  Sep 10, 2015 00:31 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
I think it''s not
Bcz sgx nifty is in negative

So for short term it''s not looks like

It''s just my view

Sorry if it''s hurt u
Deep Sheth
430. Deep Sheth  Sep 9, 2015 17:08 I Like It. | Report Abuse
What about navkar for tomorrow ? does it reach @200 ?
Viraj
429. Viraj  Sep 9, 2015 16:24 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
where ever % sircit filter tomorrow?
Uchit Patel
428. Uchit Patel  Sep 9, 2015 16:17 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 1300+ Likes)
Thank you Pinky for predicting exact listing price.
Today I watched no. of sellers and no. of buyers are almost same for whole day after 15 minutes of listing. This is very good sign. Investors were not panic and rushed to sell in discount. This helps us to hold price more than offer price(Rs. 155) and one moment it touched to Rs. 169.
I noticed, total volume is very high as Syngene. More than 80% shares of retail investors were sold. Now majority of portion went to big players hand. We small investor should understand that honeymoon period of Indian Stock Market is over and we should wait for some time for good return from good fundamental company. Decent listing gain is almost impossible in good fundamental company also.
I think we should follow the same strategy for upcoming listing of Pushkar, Prabhat and Sadbhav. Hold your shares for some time.
Please note this is only my views and I am following this strategy in this market condition.
PLC
427. PLC  Sep 9, 2015 16:09 I Like It. | Report Abuse
what about tomorrow? will navkar reach at 200+?
VALUE INVESTOR
426. VALUE INVESTOR  Sep 9, 2015 15:47 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
Very HEAVY volumes of TRADED SHARES
SHASHANK K S
425. SHASHANK K S  Sep 9, 2015 15:33 I Like It. | Report Abuse
did not apply for this IPO...

glad for all who made a profit for this IPO...

best of luck for those who are still holding...



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