AMBER ENTERPRISES INDIA LIMITED IPO

My view
A must apply for decent gain of around  50%
A good growing company
Must Apply

If having fund problem give first preference to amber enterprise

Short Note about the Company:
Punjab based Amber Enterprises India Limited (Incorporated in 1990) is manufacturer of air conditioners and its component in India. With the market share of 55.4%, Amber is the market leader in the Room Air Conditioner . The company manufactures RAC’s for 8 out of the 10 top RAC brands in India including Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool. These 8 brands have over 75% of market share in India.The Company has 10 manufacturing facilities across seven locations in India.
The Product portfolio includes :

1. Room Air Conditioners : This includes window air conditioners and indoor units and outdoor units of split air conditioners.
2. RAC Components : Critical components such as heat exchangers, motors and multi-flow condensers.
3. Other Components : Other related components including case liners for refrigerator, plastic extrusion sheets for consumer durables and automobile industry, sheet metal components for microwave, washing machine tub assemblies and for automobiles and metal ceiling industries.

The Company has a dedicated R&D centre at its Rajpura facility which is equipped and is accredited by National Accreditation Board for Testing and Calibration Laboratories (NABL) with ISO/IEC 17025:2005 certification and facilities for 3D modelling, quality and product testing The
Competitive Strengths
1. Market leadership in the RAC OEM/ODM industry in India
2. One stop solutions provider for the RAC industry with high degree of backward integration
3. Strong customer relationships with the majority of leading RAC brands in India
4. R&D and product design capabilities leading to high proportion of ODM business

The promoters :
JASBIR SINGH AND DALJIT SINGH

Main object of the issue is:
The Offer comprises a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.

1. The Offer for Sale
The Company will not receive any proceeds from the Offer for Sale.
2. Fresh Issue
Company intends to utilize the Net Proceeds from the Fresh Issue mainly towards Prepayment or repayment of all or a portion of certain borrowings availed by the Company.

IPO Particulars:

IPO Opens on : 17th Janaury 2018
IPO Closes on : 19th January 2018
Issue Type: Book Built Issue IPO
Issue Size:[.] Equity Shares of Rs 10 aggregating up to INR 600.00 Cr
#Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to INR475.00 Cr
#Offer for Sale of [.] Equity Shares of Rs 10 aggregating up to INR 125.00 Cr
Face Value: INR 10 per Share
Price Band: INR 855-859 Per Equity Share
Minimum Order Quantity:17 Shares
Listing will at: NSE,BSE
Shares offered to NIIs:15%
Shares offered to NIIs
Shares offered to RIIs: 35%
Shares offered to RIIs:
Tentative Timetable:
IPO Closes on 19 Janaury 2018
Finalisation of Allotment : 24 January 2018
Refund : 25 January 2018
Transfer of Shares to Demat A/c:29 January 2018
Listing Expected on 30 January 2018

Financials:
Total Income of 2016-17 INR.1652.30 Crore
Net Profit of 2016-17 INR 27.90 Crore
Earnings per Share (EPS) INR 12.80
Equity Capital as on 31.3.2017
Equity Capital after the IPO: Rs.
Upper Price Band/last EPS:67.10
Book Value of the Share as per last Balancesheet INR 140.67
Upper offer price/Book Value Ratio: 6.11

Ipo update: NEWGEN SOFTWARE TECHNOLOGIES

Apply for 15-20% gain

Short Note about the Company:

The company, established in 1992, deals in business process management software for banks, business process outsourcing firms, government organisations and sell products across 60 countries. The company is financially doing very well and registering good growth year-on-year.
The segment in which it operates is a USD 18 billion industry globally and expected to be USD 30 billion. It has started expanding its overseas footprint. In India and Middle East it is a dominant player. It is looking for global opportunity now and Gartner has recognised as one of the leading player, which has helped it in generating business lead in overseas market.

The company has overseas offices in the US, Canada, Singapore, United Kingdom and Dubai. Newgen has registered compounded annual growth rate of 21 per cent over last five years and expects similar growth in coming years.
It has seen lots of great software services companies from India. It is one of the unique software product company from India that has global footprint. Product companies take a lot of time to mature, but then they have a great future.The company has workforce of around 2,200 employees out of which 238 are part of its research and development team. It has 32 patents registered for BPM software and now working on host of new technologies, including artificial intelligence, robotic process automation etc.

IPO Opens on : 16 January 2018
IPO Closes on : 18 January 2018
Issue Type: Book Built Issue IPO
Issue Size: Rs. 425 crores on upper price band.
Fresh issue of INR 95 Crores and offer for sale of 13453932 shares
Face Value: INR 10
Price Band: INR 240-245 Per Equity Share
Minimum Order Quantity:61 Shares
Listing will at: NSE,BSE


Financials:
Total Income of 2016-17 INR 433.80
Net Profit of 2016-17 INR 52.40
Earnings per Share (EPS) INR 10.53
Equity Capital as on 31.3.2017
Equity Capital after the IPO: Rs.
Upper Price Band/last EPS: 22.27
Book Value of the Share as per last Balancesheet INR 43.34
Upper offer price/Book Value Ratio: 5.65


Tentative timetable:
IPO Closes on 18 January 2018
Allotment Announcement: 23 January,2018
Refund: 24 January 2018
Shares credit to Demat Accounts:25 January 2018
Listing  expected on 29 January 2018

Transformers and rectifiers India (tril)

Cmp : 43.40
Target : 65-80
Time frame : 1-2 yrs
Stop loss : 34

Criteria for selection

As per chart it is in up move since 2014.
It is in the process of making a rounding bottom formation also known as cup and handle patern.
For the first time it gave a close above 2010 levels as per monthly chart. It gave a break out by giving a close above such levels.

The buying range of the stock is from 34-48

Once it crosses 48 and gives a close above such levels it can run suddenly

Madras Fertilizers Ltd MADRASFERT (NSE)

CMP : 44.65
Tgt 60-80
Time frame 1-2 yrs
Stop loss 37.50

Criteria for selection
Technical breakout is being seen with good volumes. It trades near  life high probably Tomorrow it may make a new life high. Chart says it all it never crossed 30 since 2005 and in recent times it gave a break out and went till 45 levels then a bit of consolidation and now again it is ready to rise and break its all time high.

After elections now be ready for budget.
Fertiliser stocks are on the move

Chart

Disclaimer : i am not a sebi registered analyst kindly consult your financial advisor before investing 

Astron Paper & Board Mill Ltd IPO (Astron Paper IPO) : must APPLY

My Notes

A must apply ipo 
High grey market premium (around 35per share)
Profits in increasing trend
Very less chance of allotment as ipo is very small (70cr)
Good promotors (Asian Granito india Ltd.)



About the company

Incorporated in 2010, Astron Paper & Board Mill Ltd is Ahmedabad based manufacturer of Kraft paper, also known as paperboard or cardboard. The paper produced by the company is used mainly in packaging industry for manufacturing corrugated boxes and liners, corrugated sacks and composite containers.

Astron Paper has manufacturing facility in Halvad, Gujarat. Company uses waste paper as raw material.

The Company is having Triple Wire Machine with a daily capacity of 350 MT along with daily pulp mill capacity of 400 MT. Astron Paper is ISO 9001-2008, ISO 14001, UKAS Management systems and FSC certified.

Objects of the Issue:

Astron Paper intends to utilize the net proceeds from this public issue towards the following objects:
1. Setting up of additional facility for manufacturing of lower GSM and lower B.F Kraft Paper,
2. Part repayment of unsecured loan,
3. Funding the working capital requirements and
4. General corporate purposes.

Detail:

  »»  Issue Open: Dec 15, 2017 - Dec 20, 2017
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 14,000,000 Equity Shares of Rs 10 aggregating up to Rs 70.00 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 45 - Rs 50 Per Equity Share
  »»  Market Lot: 280 Shares
  »»  Minimum Order Quantity: 280 Shares
  »»  Listing At: BSE, NSE

    Profits are in increasing trend 

Conclusion: must Apply for listing gains as well as for long term 

Disclaimer : I am not a sebi registered analyst kindly consult your financial advisor before investing.

HBLS ( HBL Power Systems limited)

Cmp : 69.40
Tgt : 85
Time : 30 days
Stop loss: 63.50

Selection criteria :
Breakout from a triangular consolidation patern with increase in volume.


Disclaimer : I am not a sebi registered analyst. Kindly consult your financial advisor for investment decision. This blog is for educational purpose only. 

Ipo analysis for Shalby and future supply chain in short

Shalby hosp

My view :
+Ve
Sector is good
Good management
Profits are rising year on year
New hospitals are being constructed

-ve
The stock is not showing much fancy in grey market
It is a bit overvalued
GUJARAT ELECTIONS (overall market sentiments)

Conclusion : Avoid

( Long term investors may apply as financially the company is strong and growing)

Disclaimer : i am not a sebi registered analyst.

Future supply chain

My view

+Ve

Good sector

Great management (Kishore Biyani)

Profits in increasing trend 

-ve 

Gujarat elections 

Not much fancy in grey market premium 

Note : future group stocks have done well in recent past. Logistics sector is growing as a whole.

Conclusion : Apply for long term 

Expected listing gain is around 10% so its a bit risky 

( Risk takers may apply for listing gains.)