Accord Synergy Ltd IPO Message Board (Page 6)

P & L Account(Rs.in Crs.):
Year       Mar 16      Mar 15(10)
Sales Turnover      63.04      8.71
Other Income      0.00      0.00
Stock Adjustments      0.00      0.00
Total Income      63.04      8.71
Raw Materials      0.01      0.00
Excise Duty      0.00      0.00
Power & Fuel Cost      0.04      0.01
Other Manufacturing Expenses      14.46      1.75
Employee Cost      42.22      6.35
Selling and Administration Expenses      0.82      0.05
Miscellaneous Expenses      0.01      0.01
Less: Preoperative Expenditure Capitalised      0.00      0.00
Profit before Interest, Depreciation & Tax      5.48      0.54
Interest & Financial Charges      1.35      0.06
Profit before Depreciation & Tax      4.13      0.48
Depreciation      0.24      0.01
Profit Before Tax      3.88      0.46
Tax      1.28      0.14
Profit After Tax      2.60      0.32
Adjustment below Net Profit      0.00      0.00
P & L Balance brought forward      0.32      0.00
Appropriations      0.00      0.00
P & L Bal. carried down      2.92      0.32
Equity Dividend      0.00      0.00
Preference Dividend      0.00      0.00
Corporate Dividend Tax      0.00      0.00
Equity Dividend (%)      0.00      0.00
Earning Per Share (Rs.)      2,600.41      382.49
Book Value      2,929.15      328.74
Extraordinary Items      0.00      0.00

March numbers (last two fiscal):
Year       201603      201503
Type       Full Year      Full Year
Sales Turnover      63.04      8.71
Other Income       0.00      0.00
Total Income       63.04      8.71
Total Expenditure      57.56      8.17
Operating Profit      5.48       0.54
Interest       1.35       0.06
Gross Profit       4.13       0.48
Depreciation       0.24       0.01
Tax       1.23       0.13
Reported PAT       2.60       0.32
Dividend (%)       0.00       0.00

Avoid this ipo

subject rate 15000 rupees bhuj

D/E ratio seems to be too high (3.83).
Eventhough it is brought down from 18.09 (as of March''15), still it is huge.
So investors has to keep an eye on the debt and loans.
One big positive is Return on Networth / Equity (%) is very high 88.77% (as of March''16) and 96.95% (as of March''15).
For now, I''m neutral on this issue. Will give further updates once I get all the latest figures for Accord.

I want to sell subject 2

I want to sell subject 2

Betulla Asdulla Khan the promoter of the company has been involved in false trading/Circulate Trading in Alka securities LTD in 2009,For that they have also got SEBI warning.

here is the link
http://www.watchoutinvestors.com/press_release/sebi/2009228_brk3101.pdf
205. Betullakhan Asdullakhan Pathan ABKPB6908R
68 . SEHRUNNISA ABDUL Q KHAN AHBPK6146P
88 . ABDUL QUDDUS KHAN AFJPK2769J

Moreever company''s promoter has got share at At Par 10 rs and in Jan 2017 the bonus issue of 249 share on every One share held So by this way One Share has become 250 share now, The costing Per Share is only 4 Paise for the Promoter now and They have brought the IPO price @ 60 Rs,

Company contacts/info.:
Incorporation Year      2014
Registered Office      302 Shine Plaza Natubhi Circle, Race Course, Vadodara - 390007, Gujarat
Telephone      91-265-2356800
Fax      91-265-2356800
Industry      Engineering - Turnkey Services

Capital history
Year      Equity Capital       Remarks
201701      2.5        Bonus Issue
201406      0.01        Subscriber to MOA

Avoid this ipo.service provide to Telecom sector.telecom sector not doing well.
Various good mainline ipo on this month.
Avoid Avoid Avoid