Indian IPO Blog: IPO in April 2017
    • Showing posts with label IPO in April 2017. Show all posts
    Showing posts with label IPO in April 2017. Show all posts

    Saturday, April 29, 2017

    S Chand IPO concludes with a stunning 60 times oversubscription

    April 29, 2017 0
    S Chand IPO concludes with a stunning 60 times oversubscription
    The S Chand IPO received bids for 45,72,01,910 shares against the total issue size of 76,85,284 shares.

    The portion set aside for qualified institutional buyers (QIBs) was oversubscribed 44.02 times and non institutional investors was oversubscribed by a massive 206.03 times. Retail investors category was oversubscribed 6.11 times.

    The above subscriptions resulted in the IPO getting oversubscribed by as much as 60 times on an overall basis

    Proceeds from the issue will be utilised for repayment and prepayment of loans as well as for general corporate purposes. The loan amount includes those taken by its subsidiary for funding the acquisition of Chhaya Prakashani
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    Friday, April 28, 2017

    S Chand IPO latest subscription status update till 7 PM

    April 28, 2017 0
    S Chand IPO latest subscription status update till 7 PM
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    S Chand IPO Subscription status update till 5 PM

    April 28, 2017 0
    S Chand IPO Subscription status update till 5 PM
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    Did you apply to S Chand IPO? - Indian IPO Blog Voting Poll

    April 28, 2017 0
    Did you apply to S Chand IPO? - Indian IPO Blog Voting Poll

    Indian IPO Blog Voting Poll on S Chand IPO
    Click below to vote now

    Did/Would you apply in S Chand IPO?

    Yes, but only at minimum lot of 22 shares
    Yes applied for more than 22 shares
    Did not apply
    surveys

    Poll ends on Apr 29 2017 - 11.30 PM
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    Thursday, April 27, 2017

    S Chand IPO subscribed fully

    April 27, 2017 0
    S Chand IPO subscribed fully
    S Chand IPO has been subscribed fully on second day of its opening. The subscription status till 12.20 PM given below:

    S. Chand Subscription status as at 12.20 PM
    QIB 2.68
    NII 0.24
    Retail 1.18
    Total 1.41
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    Sunday, April 23, 2017

    S Chand IPO - 5 Key Facts you should know about S Chand and Co

    April 23, 2017 0
    S Chand IPO - 5 Key Facts you should know about S Chand and Co
    5 Key Facts about S Chand and Company

     S Chand and Company is planning to come up with an IPO which would open for subscription from Apr 26, 2017. We present to you below five essential facts about the company in point blank Q&A format

     1. What does it do?
    The company develops and delivers content, solutions, and services in the education K-12, higher education, and early learning segments. The publishing house prints books for primary as well as higher education like Engineering, Commerce etc. S. Chand publishers were the first in India to get ISO 9001:2000 certification

    2. What will it do with money from IPO?
    One of the key fact to note is about what the company intends to do from proceeds of IPO. It turns out that the company plans to repay term loans availed earlier by it and one of its subsidiaries, EPHL, which was utilised to fund Chhaya acquisition. A total of Rs 152 crore of the fresh issue will be utilised for this. Besides, Rs.88 crore with be spent on repayment or prepayment, in full or in part, of certain loans availed of by the company and two of its subsidiaries, VPHPL and NSHPL

    3. Who are its promoters?

    The promoters of the company are:
    1. Mr. Dinesh Kumar Jhunjhnuwala
    2. Ms. Neerja Jhunjhnuwala

    3. Mr. Himanshu Gupta

    4. How are its financials?
    For the FY ending 2016, the company has reported a revenue of Rs.540 crores and a Profit After Tax of Rs.46.64 Crores. This has grown at a CAGR of around 33% when compared to FY 2012 figures where the revenue stood at Rs.174.64 crores and Profit After Tax at Rs.14.69 crores. However, As at Dec'16, the company had a total revenue of Rs.150.80 Crores and a loss of Rs.88.48 Crores!

    5. Is the IPO price justified?
    At upper price band of Rs 670 per share, S. Chand would trade at PE of 39.20 times its dilutive EPS of 17.09 for FY16 . Navneet Education is the closest listed peer of the company which trades at a humble PE of 25.5 times its trailing 12-month EPS. The difference is substantial by all counts
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    S Chand and Company IPO Tentative Schedule

    April 23, 2017 0
    S Chand and Company IPO Tentative Schedule

    25th April – Anchor Investors
    26th April – Offer Opens
    28th April – Offer Closes
    01st May – Market Holiday for Maharashtra Day
    04th May – Finalisation of Basis of Allotment
    05th May – Unblocking of ASBA
    08th May – Credit to Demat Accounts
    09th May – Listing on NSE & BSE
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    S Chand and Company IPO Opening Date and Details

    April 23, 2017 0
    S Chand and Company IPO Opening Date and Details

    S Chand and Company IPO Details

    IPO Open: 26 April 2017
    IPO Close: 28 April 2017
    Issue Size: Approx Rs. 650 Crores
    Face Value: Rs. 5 Per Equity Share
    Price Band: Rs.660 to Rs. 670 Per Share
    Market Lot: 22 equity shares
    Minimum Amount: Rs. 14,740
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    Wednesday, April 12, 2017

    HUDCO IPO may hit streets in first week of May now

    April 12, 2017 0
    HUDCO IPO may hit streets in first week of May now

    The IPO of HUDCO Limited may get delayed according to sources to as long as first week of May 2017 now.

    Earlier the likely date set for the opening of IPO was third week of April 2017 

    Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India. Check back this space for latest updates on HUDCO IPO

    Log on to http://indianipoblog.blogspot.in for more
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    Saturday, April 8, 2017

    HUDCO IPO may be delayed

    April 08, 2017 0
    HUDCO IPO may be delayed
    The IPO of HUDCO Limited may get delayed according to sources. Earlier the likely date floating around for the opening of IPO was 17-Apr-2017

    Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India. Check back this space for latest updates on HUDCO IPO

    The company provides long term finance for construction of houses and to undertake housing and urban infrastructure development programs. Apart from the financing operations, Hudco offers consultancy services, promotes research and studies and help propagate use of local building materials, cost-effective and innovative construction technologies.
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    Tuesday, April 4, 2017

    S Chand and Company IPO - Company Profile

    April 04, 2017 0
    S Chand and Company IPO - Company Profile
    S Chand and Company is planning to come up with an IPO. S Chand and Company is involved in publishing, printing, sale, purchase, export, and import of various books and other literary work; agency ship and distribution of publishers for books and other literary work; selling of educational toys; and publishing books for children, schools, colleges, and universities, as well as digital content and interactive learning systems to schools and running pre-schools.

    The company also provides digital data management services and digital content books to schools and colleges; solutions for higher education in colleges, universities, and technical institutes; and DTP printing, DTP jobs, page making, editing and proof reading, and cover designing services of books, journals, tabloids, magazines, bulletins, brochures, and periodicals in the form of hard copy, compact disks, and e-forms

    S Chand And Company Limited operates as an education content company in India. The company develops and delivers content, solutions, and services in the education K-12, higher education, and early learning segments.
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    HUDCO IPO - Promoters and Objects to the Issue

    April 04, 2017 0
    HUDCO IPO - Promoters and Objects to the Issue
    Housing and Urban Development Corporation (HUDCO) is planning to come up with an IPO which will hit the markets very soon.

    The object of the issue are to:

    1. Carry out the disinvestment of 200,190,000 Equity Shares by the Selling Shareholder constituting 10% of the Company’s pre-offer paid up equity share capital company; and

    2. To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

    The Promoter to the HUDCO IPO is the President of India, acting through the Ministries.
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    HUDCO IPO - Company Profile

    April 04, 2017 0
    HUDCO IPO - Company Profile
    Housing and Urban Development Corporation Ltd (HUDCO) is a wholly-owned Government company with more than 46 years experience in providing loans for housing and urban infrastructure projects in India.

    The company provides long term finance for construction of houses and to undertake housing and urban infrastructure development programs. Apart from the financing operations, Hudco offers consultancy services, promotes research and studies and help propagate use of local building materials, cost-effective and innovative construction technologies.

    HUDCO offers loans for housing projects, such as urban and rural housing, co-operative housing, community toilets, slum upgradation, staff housing, repairs and renewals, private sector projects, land acquisition, and housing programs. They also offers take out finance for housing and infrastructure projects to state government, public agencies, and private corporate sector agencies.

    Promoter of the company is the President of India, acting through the Ministries.
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    Monday, April 3, 2017

    S Chand and Company IPO Tentative Details

    April 03, 2017 0
    S Chand and Company IPO Tentative Details

    Issue Opens on: 24 April 2017
    Issue Closes on: 26 April 2017
    Issue Type: Book Built Issue IPO
    Issue Size: 1,11,95,650 Equity Shares
    Face Value: Rs 5 per Equity Share
    Price Band: Rs.575 – Rs.580 per Equity Share
    Market Lot: 25 shares
    Listing At: NSE, BSE
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    Sunday, April 2, 2017

    HUDCO IPO Tentative Dates and Schedule

    April 02, 2017 0
    HUDCO IPO Tentative Dates and Schedule

    HUDCO IPO : IPO Information ( Tentative)
    Issue Opens on: 17 April 2017
    Issue Closes on: 19 April 2017
    Issue Type: Book Built Issue IPO
    Issue Size: 20,01,90,000 Equity Shares
    Face Value: Rs.10 per Equity Share
    Price Band: Rs.48 – Rs.50 per Equity Share
    Market Lot: 300 shares
    Listing At: NSE, BSE

    Tentative Schedule 
    13th April – Anchor Investors
    14th April – Market Holiday
    17th April – Offer Opens
    19th April – Offer Closes
    24th April – Finalisation of Basis of Allotment
    25th April – Unblocking of ASBA
    26th April – Credit to Demat Accounts
    27th April – Listing on NSE & BSE
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    Sunday, March 26, 2017

    HUDCO IPO Dates and Price Band

    March 26, 2017 0
    HUDCO IPO Dates and Price Band

    HUDCO IPO Details

    Issue Opens on: (To be announced)
    Issue Closes on: (To be announced)
    Issue Type: Book Built Issue IPO
    Issue Size: 20,01,90,000 Equity Shares
    Face Value: Rs 10 per Equity Share
    Price Band: Rs.48 – Rs.50 per equity share
    Bid Lot: 300 shares and in multiples thereof
    Listing At: NSE, BSE
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