Talwalkars Better value Fitness Ltd IPO (Talwalkars IPO) Detail

Apr 21, 2010 - Apr 23, 2010

Incorporated in 2003, Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. Talwalkars first gym was setup in the year 1932.

As of today, Company operates 51 health clubs in 24 cities of 11 states across the country serving over 55,000 members. Talwalkars were the Official Fitness Partners for Standard Chartered Mumbai Marathon in 2008 and 2009 and Femina Miss India Contest in 2009.

Company Promoters:

The Promoters of Talwalkars Better value Fitness Ltd are:

1. Mr. Madhukar Vishnu Talwalkar
2. Mr. Prashant Sudhakar Talwalkar
3. Mr. Vinayak Ratnakar Gawande
4. Mr. Girish Madhukar Talwalkar
5. Mr. Harsha Ramdas Bhatkal and Mr. Anant Ratnakar Gawande.

Company Financials:

ParticularsFor the year/period ended (Rs. in million)
30-Sep-0931-Mar-0931-Mar-0831-Mar-0731-Mar-0631-Mar-05
Total Income358.82594.24384.98222.88102.5485.81
Profit After Tax (PAT)31.9056.8745.1710.944.202.59

Objects of the Issue:

The objects of the Issue are:

(1) Setting up of additional health clubs;
(2) Repay certain unsecured loans availed by company; and
(3) Meet Issue related expenses.

Talwalkars IPO Details

IPO Opening DateApr 21, 2010
IPO Closing DateApr 23, 2010
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹123 to ₹128 per equity share
Market Lot50 Shares
Min Order Quantity50 Shares
Listing AtBSE, NSE
Issue Size6,050,000 Eq Shares of ₹10
(aggregating up to ₹77.44 Cr)

Talwalkars IPO Lot Size

The Talwalkars IPO market lot size is 50 shares. A retail-individual investor can apply for up to 31 lots (1550 shares or ₹198,400).

ApplicationLotsSharesAmount (Cut-off)
Minimum150₹6,400
Maximum311550₹198,400

Talwalkars Better Value Fitness Ltd IPO Grading / Rating

CARE has assigned an IPO Grade 3 to Talwalkars Better Value Fitness Ltd IPO. This means as per CARE company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CARE IPO Grading Document for Talwalkars Better Value Fitness Ltd

Talwalkars IPO Subscription Status (Bidding Detail)

The Talwalkars IPO is subscribed 28.39x times on Apr 23, 2010 17:00. The public issue subscribed 8.43x in the retail category, 35.43x in the QIB category, and 51.48x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

35.43x

NII

51.48x

RII

8.43x

Total

28.39x

Talwalkars IPO Prospectus

Talwalkars IPO Rating

143
3.2
Rating:Rated 3.2 stars

Vote Here ...

Talwalkars IPO Listing Date

Listing DateMonday, May 10, 2010
BSE Script Code533200
NSE SymbolTALWALKARS
Listing InB Group of Securities
ISININE502K01016
IPO Price₹128 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹128.00
₹138.00
₹132.00
₹167.70
₹162.60
18,483,490
NSE
₹128.00
₹147.95
₹132.00
₹168.90
₹163.15
26,029,779

Talwalkars IPO Reviews / Ratings

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Company Contact Information

Talwalkars Better value Fitness Ltd
801-813, Mahalaxmi Chambers,
22, Bhulabhai Desai Road,
Mumbai - 400 026, Maharashtra, India.

Phone: +91 - 22 - 6612 6300
Email: ipo@talwalkars.net
Website: http://ww.talwalkars.net

Talwalkars 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: tbvfl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Talwalkars IPO FAQs

  1. What is Talwalkars IPO?

    Talwalkars IPO is a main-board IPO of 6,050,000 equity shares of the face value of ₹10 aggregating up to ₹77.44 Crores. The issue is priced at ₹123 to ₹128 per equity share. The minimum order quantity is 50 Shares.

    The IPO opens on Apr 21, 2010, and closes on Apr 23, 2010.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Talwalkars IPO will open?

    The Talwalkars IPO opens on Apr 21, 2010 and closes on Apr 23, 2010.

  3. What is the lot size of Talwalkars IPO?

    Talwalkars IPO lot size is 50 Shares and the minimum order quantity is 50 Shares.

  4. How to apply for Talwalkars IPO?

    You can apply in Talwalkars IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Talwalkars IPO allotment?

    The finalization of Basis of Allotment for Talwalkars IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Talwalkars IPO allotment status.

  6. When is Talwalkars IPO listing date?

    The Talwalkars IPO listing date is on Monday, May 10, 2010.

Talwalkars IPO Message Board

Ranked Members  Ranked Members

Loading...
244. Ravi, Bangalore |May 27, 2010 20:05
Talwalkars 168- Target 203, 239, 274+, stop-loss 158.

BUY in 176-168 zone.
243. Rama |May 17, 2010 09:18
Sell talwalkars. It will go to its REAL valuse soon.
242. Ravi, Bangalore |May 12, 2010 14:22
231. buzzz

Who has applied to IPO? People say they have applied only after seeing robust listing.

I have not applied looking at fundamentals. However, bought @ 166 & sold at 198 (in line with my expectation). I will have re-look only on Monday.

Even if it goes up, I don't worry. I have got down from the train because I got my station.
241. Gangu |May 12, 2010 12:16
What a clean distribution.....
240. GEM IPO FINDER |May 12, 2010 10:31
CONTINUE TO HOLD TALWAR IN UR HAND, YOU WILL MAKE BIG KILLINGS IN THIS.

THESE ARE MINER SHAKE-UP, FOR PEELED MANGOES TO FALL, STRONGER HANDS WILL MAKE MORE KILLINGS HERE.

IF U ARE NOT OPTIMISTIC THEN EXIT AROUND 188 AND FORGET WHEREEVER IT GOES, ONE CANT' TAKE ALL GAINS OF A STOCK.

DISC : I M HOLDING 150 SH @ IPO
239. KMFS |May 12, 2010 10:27
Yesterday close at 192
Now 184

Frog can't become Bull.

bye
238. me |May 12, 2010 08:53
buy !! target 1000 guranteed in one year..inside news
237. unknown |May 12, 2010 08:49
reliance capital has purchased 25%shares of it @ of 153 it is confirmed news
236. vipul |May 11, 2010 20:49
yes stansard chart is IDR issue...kind of ipo for indians and can be applied by retailers....price xpected 100-120 n date 25 may.....
235. Guest |May 11, 2010 17:43
StanChart to launch India share sale May 25??...Is it going to be an IPO??..are Retail ppl allowed to subscribe??...experts,kindly reply
234. manoj |May 11, 2010 17:23
my 1st traget achived not on 1st day but second day next is 200 in week and 300 in month those who are not in mumbai dos't know what is talwalkar goodwill i got 92*3 still holding buy today 108 share @ 173/= dont sale now
233. invester's friend |May 11, 2010 15:52
friends.
abhi bhi jiske pass talwarkar k shares hai wo zara ALERT rahe k achha munafa le k [jo ki mil bhi raha hai] nikal jaye,
Q k ye fundamentely bhi accha nahi hai,
ye koi oprater hi chala raha hai,
is ki wajah se to aaj market down hone k bawjood bhi 20% ka uper circuit laga,
friends jo haal syncom healthcare,texmo pipes ka huwa
thode dino me iska bhi wohi haal hone wala hai.
IS LIYE JO BHI MUNAFA MILE WO LE K NIKALO
WARNA PACHTAOGE..............................
232. gem ipo finder |May 11, 2010 15:40
its definatly jubliant in making. 20% circuit today in las minutes.


mr. buzz

what is high valn??????????, many people here always talk about high valn/low valn, who the hell we are to decide valn, there is nothing called high/low/fair valn.

no one can decide the valn of any stock.let me know the stock which trades at fair valn????, means that stock will not fall and go up from there????
if jubliant was highly vald at 165/175/205, then what is this 350!!!! if overvald then why it spent so much time here.

i personally dont believe high valn theory although, i believe low valn a bit. but generally i dont talk about the last target of an stock, there is nothing called high valn
231. Ravi, Bangalore |May 11, 2010 15:24
229. ipo ipo

I look both technical & fundamental.

I mentioned to buy @ Rs.24 but I asked to ignore that message. Inadvertently, I had given such call & asked to ignore. You better check-up that message again properly. Who is fooling?

When you play technical game, keep stop-loss. You mentioned technicals work for high liquid stocks. Look my yesterday's message. How did it work for operator stock? How it worked for Thinksoft / Goenka?

Your technical analyst may have different system. I have some other system. My goal is to make money. When I play technical game, I keep stop-loss. I don't want to look anything else as I keep stop-loss.

I have given stop-loss. As long as it trades above stop-loss, keep holding & book profits partially when it hits each target.

It seems you don't know basics of trading. Whether fundamentals is there or not you buy with stop-loss. Of course, I have 60% - 70% hit rate. My calls may fail in 30% - 40% case. But when you loose you lose Rs.3 & when you gain, you gain Rs.10.

At the end of the day, profit is important. Not that which stocks you played, whether you bought on fundamentals or technicals.

I have guts to give my recommendation before-hand. Not like few people who boasts of that they bought at x price & sold at y price after market hours. If you know technicals, then you also give before market.

Hereafterwards, you give your calls before-hand or just stop passing comments.
230. buzzz |May 11, 2010 14:14
Another trap in the making -

Many people are singing ga ga about this share and its upmovement... But what really worries me is the very high valuation.

Congrats to everyone who is sitting on profit in this counter. The IPO gave about Rs.12000 share to everyone and people made Rs.5000-6000 in this IPO. Based upon valuations, the bravehearts can continue to hold. Wiser people, plz book your profits, atleast partial...
229. gem ipo finder |May 11, 2010 13:32
talwalkers @ 180+ !!!!!!!!!

its walking very swiftly, looks like another jubliant in making, keep on holding, or sale if u dont want any risk
228. ipo ipo |May 11, 2010 13:29
R u fundamental guy or technical guy. U mentioned to buy stock at Rs.24 based on fundamental, guessing stock will open at 85rs. and within 24hrs u mentioned to buy stock at 158 to reach +202 based on technical. Have some sense man. Don’t fool ppl in public forum.
How many yrs r u following mkts. Don’t teach me that mkt does not move on fundamental. If there is no fundamental, stock can not remain where they r. sooner or later fundamental do play a part.
Thinksoft: U r such a..le. U want to know why thinksoft moved in particular fashion. Nobody body was buying thinksoft during IPO as it was overpriced. Selling shareholder had no choice but sale it to operator at heavy discount. Operator than played satta game so that he can offload his stocks to general public.
Technical analysis do have a place but can only be applied in large stock such as tata motors where there is wide spread buying and selling and stock moves on fundamental ,sentiment, and then technical. For ex. Tata motors at 180, fundamental were not good. JLR sales were dropped to 40%. They were loosing money. When economy improved they were starting to do well. Sales picked up. Analyst became positive about their future and stock started recovering based on fundamentals.
227. Ravi, Bangalore |May 11, 2010 12:53
121 IPO IPO

My Post # 184 is a guess work which I mentioned clearly. My comment is based on fundamentals.

My Post # 220 is based on technical analysis. Technical analysis do not give much important to fundamentals.

At the outset, you don't know much about market. Market does not move on fundamentals alone, technicals also have its place. Otherwise you how can you explain Thinksoft moving so much & falling wildly in such a short time of about three months. Does fundamentals changed so quickly?

Tata Motors could be good sell at 180 but becomes good buy at 400 as sales figures look good & fundamentals start improving. Market works like that. It seems you don't know market well.
226. Ravi, Bangalore |May 11, 2010 11:55
221. ipo ipo

If you have half-day history, you can predict for next half-day. Similarly if you have history for one week or one month, you can predict for medium-termMy technical analysis worked well.

Don't think you know everything about technical analysis. There are several ways of analysis & my method is different from others.

You just skip my Post & don't follow. That's it. Or even you can do reverse of my opinion if you don't believe.
225. Lina |May 11, 2010 10:37
ADAG is deviating from core business...all their investments are bad decisions....that is why rel capital is down to 700 fromm 1000...buying Talawalkar shares is one more mistake...







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