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Aqua Logistics IPO Recommended for Long-term investors:Swastika

Amandeep Singh — Wed, 27 Jan 2010 11:28:19 +0000

Swastika Investmart has come out with a research report on Aqua Logistics IPO (initial public offering). The research firm said long-term investors might consider investing in IPO.

The IPO of Rs 150 crore of Mumbai based Aqua Logistics has opened for subscription and the price band is fixed at Rs 220-230 per share. It is engaged in the business of freight forwarding services with agents to provide end-to-end solution to its clients.

Read other Posts related to Aqua Log IPO on EquiTipz:

Swastika Investmart report on Aqua Logistics IPO:

Aqua Logistics is operating as a Third Party Logistics (3-P Logistics) provider. Very few companies in the country are working on this model of Logistics business. However, in future bigger companies are expected to rely on 3-P Logistics rather than incur their costs for building their own logistics network. This may help company to command good business in long run. However, considering weak market sentiments for Logistics company as of now, long-term investors may consider investing in IPO after making a Peer-Group comparison for the Industry.

Disclaimer: The views and investment tips expressed by Swastika Investmart on Equitipz.com are their own, and not that of the website or its management. Equitipz advises users to check with certified experts before taking any investment decisions.

To read the full report click on the attachment: Aqua Logistics Report – Swastika.pdf

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Subscribe to Thanga Mayil Jewellery IPO: Hem Securities

Amandeep Singh — Wed, 27 Jan 2010 11:15:30 +0000

Yesterday we updated you regarding the Thangamayil Jewellery IPO opening for subscription from today, i.e. 27th Jan, 2010. Hem Securities has come out with a research report on Thangamayil Jewellery IPO (initial public offering). The research firm has recommended subscribing the issue.

The initial public offering (IPO) of Rs 28.75 crore has opened for subscription today. The price band for the issue is at Rs 70-75 per equity share. The issue will close on January 29.

Hem Securities report on Thangamayil Jewellery IPO:

The company is bringing the issue at price band of Rs 70-75 per share which will turn into P/E multiple of 5.65-6.06 at post issue EPS of Rs 12.37 (Basis PAT annualized 6 months ending 30.09.2009).The company’s topline has grown at a CAGR of 75% from FY05 to FY09 while bottomline of the company has gown at a CAGR of more than 100% from FY05 to FY09. Looking at the peers valuation, company’s issue price looks reasonable at present level. Hence, we recommend investor to Subscribe the issue.

Disclaimer: The views and investment tips expressed by Hem Securities on Equitipz.com are their own, and not that of the website or its management. Equitipz.com advises users to check with certified experts before taking any investment decisions.

To read the full report click on the attachment: Thangamayil – Hem.pdf

Should I buy Aqua Logistics IPO? : Angel Broking Report

Amandeep Singh — Mon, 25 Jan 2010 08:54:52 +0000

We have already updated you that Aqua Logistics is open for subscription from today onwards. Being an investor, everybody has a question in mind, whether to invest in the IPO or not.

Angel Broking has come out with a research report on Aqua Logistics IPO (initial public offering). According to the report released from the firm, the investors are recommended to avoid the IPO.

The IPO of Rs 150 crore of Mumbai based Aqua Logistics opened for subscription and the price band is fixed at Rs 220-230 per share. It is engaged in the business of freight forwarding services with agents to provide end-to-end solution to its clients.

Angel Broking report on Aqua Logistics IPO:

The company has been on a high growth trajectory since the last three years due to its low base. However, this may not be the case going forward especially in the MTO Segment. Nonetheless, we have assumed 50% Earnings CAGR (Compound Annual Growth Rate) over FY2009-12E on account of Margin expansion due to higher contribution from the Project Cargo and Contract Logistic Segments and overall improvement in the trade scenario. At the lower price band, the IPO is available at 13.4x FY2012E EPS, which is in line with Allcargo, but at a premium to GDL (Gateway Distriparks) on our estimated FY2012E EPS. We believe ALL should trade at a discount to Allcargo and GDL given that these players have a proven track record, diversified portfolio of services and stronger balance sheets. Hence, we recommend an avoid on the IPO.

To read the full report from Angel Broking Click on the attachment: Aqua Logistics – Research Report.pdf

Disclaimer: The views and investment tips, views expressed in the report are that of Angel Broking, and not that of the website or its management. Equitipz.com advises users to check with certified experts before taking any investment decisions.

What are your personal views on this IPO? What have you decided whether to invest your money in this company or not? Please share your views in the comment box below.

NHPC IPO – Adani Power Listing Impact?

Amandeep Singh — Fri, 21 Aug 2009 10:18:00 +0000

Adani Power listed on the stock exchanges yesterday, the 20th August, 2009 but met with a lukewarm response. Experts say that the next power company queued up for listing, government-owned NHPC, will see a definite impact, especially on its grey market premium.

Even as the two companies were fundamentally different, they would prefer to buy NTPC, which was at lower levels. NHPC’s grey market premium, which was trading close to Rs 6-7 yesterday, dropped to Rs 5 immediately after Adani Power’s listing.

However, NHPC has an expertise over the hyrdo power sector, so there is a growth factor that gives a terminal value to all these government utilities hopefully the NHPC IPO will be far better than this one Adani Power.

The dealmaker for both IPOs, Vallabh Bhanshali of Enam Securities, however is optimistic. “Both of them will eventually make a lot of value for investors”, he said. “People like Adani, who have come to the market again and again and the government who have probably a long pipeline of issues are very conscious that they have to leave value for investors. Yes, if you leave more value on the table investors are happy, more issues can come to the market. But I am also conscious that the promoters also take a lot of risk and a lot of effort to build companies and bring them to level where NHPC and Adani both are.”

Subscribe to the NHPC IPO : Experts

Amandeep Singh — Wed, 05 Aug 2009 10:24:00 +0000

The Experts are coming out with their research reports on NHPC’s initial public offering (IPO). NHPC will open for subscription with an IPO of 167.73 crore equity shares of Rs 10 each on August 7, 2009 and will close on August 12, 2009. The price band is fixed at Rs 30-36 per share.

The experts are recommending the investors to subscribe to the issue.

According to the research firms, the business model of NHPC is robust. There is a visibility in Power sector and significant expansion at NHPC. The long term investors should apply for the shares. The response for the recently opened Adani Power IPO indicates that there is potential for listing gains also.

The investors are recommended applying the IPO in the following way for Retail clients (applying upto Rs.1 Lakhs):

Fill all the 3 options at Rs.36, Rs.35 and Rs.33, with different No. of Shares that you Bid for. If the Government decides to allot at price lower than upper band, the Number of shares allotted will be higher.

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