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.

Talwalkars IPO Details

IPO Date Apr 21, 2010 to Apr 23, 2010
Listing Date May 10, 2010
Face Value ₹10 per share
Price ₹123 to ₹128 per share
Lot Size 50 Shares
Total Issue Size6,050,000 shares
(aggregating up to ₹77.44 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Talwalkars IPO Reservation

QIB Shares Offered3,025,000 (50.00%)
NII (HNI) Shares Offered907,500 (15.00%)
Retail Shares Offered2,117,500 (35.00%)
Total Shares Offered6,050,000

Talwalkars IPO Lot Size

The Talwalkars IPO lot size is 50 shares.

Application Lots Shares Amount
Retail (Min) 1 50 ₹6,400
Retail (Max) 31 1550 ₹198,400
Lot Size Calculator

Company Financials

ParticularsFor the year/period ended (Rs. in million)
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 Subscription Status (Bidding Detail)

The Talwalkars IPO is subscribed 28.39 times on Apr 23, 2010 5:00:00 PM. The public issue subscribed 8.43 times in the retail category, 35.43 times in the QIB category, and 51.48 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

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 Prospectus

Talwalkars IPO Rating

Rating:Rated 3.2 stars
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Talwalkars IPO Listing Details

Listing Date May 10, 2010
BSE Script Code 533200
ISIN INE502K01016
Final Issue Price ₹128 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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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

Phone: +91-22-4918 6270
Email: tbvfl.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Talwalkars IPO Analysis

Talwalkars IPO Recommendation Summary

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Members 0 0 0

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Talwalkars IPO FAQs

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 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.

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

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

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

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

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244. Ravi, Bangalore |   Link |May 27, 2010 8:05:56 PM
Talwalkars 168- Target 203, 239, 274+, stop-loss 158.

BUY in 176-168 zone.
243. Rama |   Link |May 17, 2010 9:18:01 AM
Sell talwalkars. It will go to its REAL valuse soon.
242. Ravi, Bangalore |   Link |May 12, 2010 2:22:47 PM
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 |   Link |May 12, 2010 12:16:27 PM
What a clean distribution.....
240. GEM IPO FINDER |   Link |May 12, 2010 10:31:55 AM



239. KMFS |   Link |May 12, 2010 10:27:37 AM
Yesterday close at 192
Now 184

Frog can't become Bull.

238. me |   Link |May 12, 2010 8:53:27 AM
buy !! target 1000 guranteed in one year..inside news
237. unknown |   Link |May 12, 2010 8:49:06 AM
reliance capital has purchased 25%shares of it @ of 153 it is confirmed news
236. vipul |   Link |May 11, 2010 8:49:51 PM
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 |   Link |May 11, 2010 5:43:27 PM
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 |   Link |May 11, 2010 5:23:28 PM
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 |   Link |May 11, 2010 3:52:44 PM
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.
WARNA PACHTAOGE..............................
232. gem ipo finder |   Link |May 11, 2010 3:40:46 PM
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 |   Link |May 11, 2010 3:24:48 PM
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 |   Link |May 11, 2010 2:14:23 PM
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 |   Link |May 11, 2010 1:32:45 PM
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 |   Link |May 11, 2010 1:29:54 PM
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 |   Link |May 11, 2010 12:53:02 PM

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 |   Link |May 11, 2010 11:55:11 AM
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 |   Link |May 11, 2010 10:37:52 AM
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...