hi i have not given detailed summery of indigo . as i am new to this forum . investing from last two years actively ....started investing since 2010.please any one can have a look about indigo and guide us so i can have a deep dive in indigo upcoming IPO.
IPO will open on October 27 and close on October 29.
InterGlobe Aviation, owner of the country's largest (by market share) and most profitable airline, IndiGo, has set the price band of its initial public offering of equity at Rs 700-765 a share, sources said. The sale could fetch up to Rs 3,268 crore, a valuation of Rs 25,700 crore. The share sale is expected on October 27-29.
Posts tagged Value Pickr
INDIGO ready for takeoff :airplane: (17-10-2015)
INDIGO ready for takeoff :airplane: (17-10-2015)
Red Herring Prospectus
http://indiamicrofinance.com/wp-content/uploads/2015/10/indgo-airlines-prospectus.pdf
INDIGO ready for takeoff :airplane: (17-10-2015)
Even so, IndiGo reported a negative net worth of Rs.139.38 crore as of 30 June.
The company, in its share sale prospectus, clarified that its shareholders’ funds declined from Rs.426.22 crore as of 31 March.
“This negative net worth reflects the 30 June 2015 payout of an interim dividend of Rs.1,207.08 crore for fiscal 2016, which was offset by profit after tax of Rs.640.43 crore in the three months ended 30 June 2015,” IndiGo said.
“If this financial position continues, it may make it more difficult or expensive for us to obtain future financing or meet our liquidity needs. Further, there can be no assurance that we will be able to achieve a positive net worth in the period going forward,” the airline added.
Mint could not immediately contact the airline for a comment.
INDIGO ready for takeoff :airplane: (17-10-2015)
The operator of top Indian airline IndiGo is looking to raise up to $510 million in its initial public offering (IPO), according to sources, betting on an improved financial outlook helped by lower oil prices and surging passenger growth.
That figure is higher than previously expected; bankers said in the summer that the company was expected to raise up to $400 million, but its valuations have since been bolstered after it reported a big rise in annual profits.
Cafe Coffee Day – Will you Date? (16-10-2015)
Quite a bad response for the IPO but went through only due to the Qualified Institutional buyers. I too didn't invest! However, I do feel CCD will do extremely well as it is the largest chain of restaurants in India with margins on the higher end. But I wasn't quite sure if the IPO was the right time to get into this. Maybe I will get a better opportunity later or maybe I will just keep waiting
Sutlej Textiles (16-10-2015)
Yes it looks cheap compared to other textile stock even if we ignore the future growth potential.
Sutlej Textiles (16-10-2015)
I like the company, the recent almost cashless acquisition will give immediate boost to EPS. 25-50% upside in short-term. Long term also should be good although the young chap running the company needs to prove the Birla brand name
Hitesh portfolio (16-10-2015)
Hitesh.
Reading the news now a days I find that the lobby against India Pharma Companies is growing stronger and stronger and looks like all white (racist - yeh I am) nations are up arms against our Pharma Industry.
Deep Inside I am not very comfortable holding Pharma heavy folio.
US going to elections and a new unclesam or auntysam, I wonder what all protective measures will US get into and where would it lead and what it means to Indian Pharma Industry
Keeping Fingers Crossed.
Atul Ltd. (Not to be confused with Atul Auto) (16-10-2015)
Hi...
My first post here.
Someone who can understand the basic fundamentals can throw some light on this company.
I am from rubber raw material business.And this company is heavily launching products and feedback for its product in our line especially targeting Pidilite adhesive line.
They are daily tracking and taking response and also coming with attractive offers both dealer and retailer side.
Though because of overall slowdown in our line and diwali clearing of accounts by all they not getting much better response but still i am really attract by their sheer handwork in this field.