14 May 2012

Speciality Restaurants Limited IPO Details-With Price Band & lot Size

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Issue Period:                                            May 16 – May 18, 2012
Price Band:                                             Rs.146/- to Rs.155/-
Lot Size:                                                  40 equity shares & multiple of 40 equity shares thereafter
IPO Grading:                                            “IPO Grade 4/5” by CRISIL
Issue Period:                                            May 16 – May 18, 2012
Registrar:                                                  Link Intime India Private Limited
Retail Appl Size:                                      Rs.2,00,000/-
Issue Size:                                                  11,739,415 Equity shares of Face value Rs.10/- each    
QIB Book:                                                   5,869,707 Equity Shares (50% of Net issue size)
Retail Book:                                               4,108,796 Equity Shares (35% of Net issue size)
HNI Book:                                                   1,760,912 Equity Shares (15% of Net issue size)
Listing:                                                        NSE & BSE
IPO Grading:                                            “IPO Grade 4/5” by CRISIL
                    
The Company, in consultation with the BRLMs, may allocate up to 30% of the QIB Portion to Anchor Investors on a discretionary basis.
The Anchor Investor Bid/ Issue Period shall be one Working Day prior to the Bid/ Issue Opening Date.

Inflation - Agri inflation a key risk : Edelweiss PDF link

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


WPI inflation surprised on the upside, growing ~7.2% YoY in April against the expected ~6.7%. As per our re-arranged WPI basket, domestic demand inflation declined further, reaching below long-term average levels. Imported inflation is somewhat sticky as fall in commodities has been negated by weakening INR, while agri-inflation has started to rise again. Part of the jump in food prices is seasonal, but prices rose even after adjusting for seasonality. Going ahead, agri inflation is a dominant concern area; accordingly, monsoon becomes as key variable for inflation trajectory. As of now, there is element of risk that the latter half of monsoon may not be normal due to the developing El-Nino conditions. However, full clarity will emerge only by first half of June, when the Met department releases its detailed monsoon forecast.
Regards,

Monarch Health IPO: Who is the real promoter of company? : Moneycontrol

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��



By VS Fernando, IPO Analyst at India Aarthik Research
Monarch Health : Fit case for a closer scrutiny of promoter antecedents, by Sebi 
Issue Details
Mumbai-based Monarch Health Services Ltd (MHSL) proposes to offer public 15 lakh equity shares of Rs 10 each at a fixed price of Rs 40 a piece aggregating to Rs 6 crore.  Of the public portion, 3 lakh shares are reserved for the market maker. The shares are proposed to be listed on the SME Platform of Bombay Stock Exchange (BSE). Minimum subscription for the retail applicant is 2500 shares, or Rs 1 lakh.

application Matrix of Speciality Restaurants Ltd. IPO.

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


application Matrix of Speciality Restaurants Ltd. IPO.

Speciality Restaurants Ltd. IPO
Issue Open On   : 16.05.2012
Issue Closes On : 18.05.2012
Lot Size : 40 Equity Shares in multiples of 40 Equity Shares
No of Share
Price
Amount (Rs.)
40
155
6200
80
155
12400
120
155
18600
160
155
24800
200
155
31000
240
155
37200
280
155
43400
320
155
49600
360
155
55800
400
155
62000
440
155
68200
480
155
74400
520
155
80600
560
155
86800
600
155
93000
640
155
99200
680
155
105400
720
155
111600
760
155
117800
800
155
124000
840
155
130200
880
155
136400
920
155
142600
960
155
148800
1000
155
155000
1040
155
161200
1080
155
167400
1120
155
173600
1160
155
179800
1200
155
186000
1240
155
192200
1280
155
198400

Thanks & Regards

Jubilant Foodworks Ltd: Q4FY12 Result Update :GEPL

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Summary

We increase our target price on the stock to Rs885 per share in view of the management revising its store additions in FY13E to 90 from the earlier 85. The new store addition guidance should result in a higher than estimated EPS.

However, the valuations appear rich given: 
  • The recent run up in the stock over the last six months, 
  • Lower SSS growth expectations in the future, 
  • Lower average sales per store, and
  • Lower scope of margin improvement. 
Consequently we revise our rating to SELL with a target price of Rs885 per share.