Wednesday, June 10, 2009
Thursday, May 14, 2009
MOIL IPO price fixed at Rs 375. Upper Band.
MOIL (Manganese Ore India Limited) IPO price fixed at Rs 375 at Upper Band of range Rs 340 to Rs 375
5% discount to retail
Retail will get shares at Rs 356.25
Allotment around Dec 10
Listing around Dec 15
5% discount to retail
Retail will get shares at Rs 356.25
Allotment around Dec 10
Listing around Dec 15
Monday, April 27, 2009
Apply to IPO of Ravi Kumar Distilleries? Keynote research update.
note of the IPO of Ravi Kumar Distilleries Ltd.
Issue Highlights
Price Band : Rs 56-64 per share
Minimum Bid Lot Size : 100 Equity Share
IPO open during : December 08 – 10, 2010
Book Running Lead Manager : Comfort Securities Pvt. Ltd.
To list on : NSE & BSE
IPO Grading : 2 / 5 (CARE)
PE : 35x (based on base price)*
Market Cap post-listing : Rs153.6Cr or $34.17mn (based on the cap price)
Market Cap of Free Float : Rs73.6Cr or $16.37mn (based on the cap price)
* based on FY10 EPS.
IPO of 11.5mn equity shares of Rs10/- each, aggregating to Rs73.6Cr or $16.37mn (at the cap price).
Executive Summery
• Ravi Kumar Distilleries Ltd. (RKDL) is engaged in the business of manufacturing and trade of Indian Made Foreign Liquor (IMFL) under its own brand portfolio as well as under tie-up arrangements with other companies.
• RKDL started with initial capacity of 7,20,000 cases per annum and a bond capacity of 6300 cases of excise bonded warehouse. The company subsequently increased its installed capacity to presently at 14,25,000 cases per annum and 26000 cases of excise bonded warehouse.
• RKDL has established several brands successfully across segments and flavors thereby enjoying brand recall from customers. IMFL products under its own brand portfolio as well as under various tie-up arrangements with other Companies include Capricorn, 2 Barrels, Chevalier, Konarak, and Green Magic amongst others.
• Due to very existence in the Industry for past 10 years, RKDL has developed its brand on technical front. The company has developed state-of-the-art Quality Control and in-house R&D Department and has already developed technology in the field of manufacturing a wide range of IMFL products.
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