Forthcoming IPO_Servotech Power Systems Ltd

Forth Comming SME IPO : Servotech Power Systems Limited

Issue Opens 9-Aug-17
Issue Closes 14-Aug-17
Issue Price Rs. 31/-
Issue Size 15.13 cr
Lot size 4000
Lead manager Sarthi Capital Advisors Pvt Ltd
Registrar Bigshare Services Pvt Ltd

Promoters : Mr. Raman Bhatia Mrs Sarika Bhatia

Registere Office : 806, Crown Heights, Hotel Crown Plaza, Sector 10, Rohini, New Delhi-110085.

Profile : Initially, our Company was manufacturing Inverters, UPS and Servo Stablizers under the brand name
“SERVOTECH”. We started production of LED products in the year 2011. We are selling LED products under
the brand “SAARA”. We manufacture energy efficient luminaries for residential, industrial, and commercial
applications. Our products include LED light bulbs, LED downlights, LED flood light, LED panel lights, LED
tube lights, LED bay lights, outdoor lights (street lights, floodlights).

Objects of the Issue:

  1. Meet Working Capital  requirements
  2. General Corporate Purpose
  3. Issue Expenses

Financials :

16-17 15-16 14-15 13-14 12-13
Total Assets 5918.49 4392.95 3236.64 1985.76 1587.94
Total Reveue 8320.95 5171.01 3218.36 3395.85 2634.25
PAT 505.84 117.2 81.21 83.58 34.36

Return on Net worth : 38.5 %

Net Asset Value Per Share :12.83

EPS : 4.94

P/E at which share issued : 6.28

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Forthcoming SME IPO_ Geekay Wires Limited

SME IPO : Geekay Wires Limited

Issue Opens 9-Aug-17
Issue Closes 14-Aug-17
Issue Price 33
Lot Size 4000
Issue Size 10.99 cr
Lead Manager Aryaman Financial Services Ltd
Registrar Bigshare Services Pvt  Ltd
Platform NSE Emerge

Promoters:

  • Ghanshyam Dass
  • Ashish Kandoi
  • Anuj Kandoi
  • Kandoi Industries India Private Limited

Profile:

We are backed by a strong infrastructural base, which is well equipped with latest technology, advance machines and equipments which assist us in maintaining the quality and quantity of wires. We have a strong focus on manufacturing process and have a full‐fledged quality testing laboratory and well qualified and experienced personnel. All raw‐materials and consumables are tested at various stages in manufacturing process as per stipulated standards to ensure good quality products which confirms to ISO standards.
Today with robust infrastructure & testing facilities we are in the preferred-vendor list of PGCIL and in many State Transmission & Distribution Companies, electrical contractors, corporate engaged in turnkey business of creating infrastructure for power transmission & distribution, cable & conductor manufacturing, etc. Our products are not only accepted in India but we have received accolades from overseas customers as well.

Object of the Issue:

  • Long term working capital requirement
  • General Corporate Purposes
  • Issue related expenses

Financials:

16-17 15-16 14-15 13-14 12-13
total Assets 6470.05 4273.37 4001.34 2935.9 2344.19
tottal reveue 6715.64 8105.6 6112.07 4024.73 2680.16
PAT 65.28 65.12 22.54 16.97 18.14
DEBT 5031.3 2298.42 1823.97 1898.38 1557.14

EPS : 1.31

P/E @ share issued : 25.19

RoNW : 9.73%

Net Asset Value Per share: 13.42

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Forthcoming SME IPO_Lexus Granito

SME IPO : Lexus Granito (India) Limited

Issue Opens 9-Aug-17
Issue Closes 11-Aug-17
Issue Price Band Rs. 41-45/-
Lot Size 3000
Issue Size 25.92 cr
Lead Manager Pantomath capital advisory Pvt Ltd
Registrar Bigshare Services Pvt. Ltd.
Platform NSE Emerge

Promoters:

  1. Nilesh Detroja
  2. Hitesh Detroja
  3. Anilkumar Detroja
  4. Pavan Blackrock Pvt. Ltd.

Profile: Our Company is engaged in manufacturing, trading and marketing of vitrified ceramic tiles and wall
tiles for the domestic and international markets. Till date we were outsourcing manufacturing of wall
tiles to third party manufacturers, however recently we have set up our own wall tiles manufacturing
unit at our existing facility thereby integrating our operations and strengthening our routes in the
industry. Our manufacturing facility is situated at Morbi, Gujarat and is spread over more than 4
hectares. Our manufacturing facility is well equipped with requisite plant and machineries and other
facilities. We also have an in-house laboratory, enabling the company to develop new colours, besides
facilitating conducting of tests and analysis of various products. Our quality system with respect to
manufacture of our products has been ISO 9001:2008 certified. Further we have also been issued
Certificate of Compliance by UK Certification & Inspection Ltd for our quality systems covering the
design, manufacture and final inspection of the products. We manufacture and market our products
under the brandname ―Lexus

Object:

  1. Working Capital Requirements
  2. General Corporate Purpose

Financials:

16-17 15-16 14-15 13-14 12-13
total Assets 16439.35 9798.09 5910.54 6022.14 6972.31
tottal reveue 16473.11 10226.87 8090.04 5925.34 6365.39
PAT 508.82 320.2 203.04 31.99 156.17
DEBT 7315.98 4867.45 2586.04 2647.47 3035.38

EPS: 2.32

P/E @ share issued: 17.5-20 approx

RoNW: 8.56%

Net Asset Value Per Share : 25.20

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Bidding, Prospectus , application form , Ratio analysis.

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Morning Business News Round Up_August 08,2017

Morning Business News :

  • Airtel may sell 3.7% stake in Bharti Infra for Rs 2500 cr
  • Bankers review progress of 12 large NPA accounts
  • PSU banks write off Rs 2.49 lakh cr of loans in 5 yrs
  • Iron ore worth Rs 1,900 cr illegally extracted: CAG
  • Eros in talks with Apple to sell its content library
  • ONGC to pump $150 mn in Colombia, Kazakh & B’desh
  • Note ban, GST make a dent in smartphone shipments
  • Irdai directs LIC to reduce stakes in L&T, ITC to 15% by Dec 2018
  • Sebi mulls extending derivatives market timing
  • GIC Re files for IPO; might raise Rs 6,000 cr
  • Tata Steel swings back to profit in Q1 at Rs 921 cr
  • Zero tax certification for foreign remittances under I-T lens
  • Govt may impose anti-dumping duty of $452 a tonne on certain Chinese tyres
  • Idea-Vodafone deal gets conditional nod from SEBI, bourses

Image result for Idea-Vodafone deal gets conditional nod from SEBI, bourses

  • SUVs, luxury cars to cost more as GST cess hiked to 25%
  • Govt annuls fifth round of coal mines auction on tepid response
  • SAT puts off hearing on IRDAI-Sahara Life to August 10
  • IRDAI working with govt to create a simple platform for KYC
  • Vodafone-Idea merger gets conditional nod from Sebi, exchanges
  • July sovereign gold bonds to start trading from Tuesday
  • Global investors line up for stake in Bhushan Steel
  • Bank of India to raise up to Rs626 crore via STCI Finance stake sale
  • Reliance Jio’s plea on Airtel ads on internet speeds dismissed
  • GAIL seeks reworking of US LNG price deal
  • Exporters facing difficulties in GST transition period: EEPC
  • Air India disinvestment: Government to float request for proposal for merchant bankers
  • Securitisation market volume clips past $1.02 trillion in FY17
  • RBI appears more tolerant of currency strength
  • Trai plans to brush up Net speed testing methodologies
  • DeMo effect: ITR filings for 2016-17 grow 25% to 2.82 cr
  • Government asks Basmati exporters to conform to EU pesticide standards