Acropetal Technologies Ltd IPO Message Board (Page 14)

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sojourn
18. sojourn  Feb 18, 2011 06:31
ipofinder
Can I apply online for SBI bonds through my SBI account. Please find out and tell because I want to compensate the OMKAR losses.
ONLYONE
17. ONLYONE  Feb 17, 2011 21:28
Thanx a ton IpoFinder...
Can we apply for it online?
Also pls let us know if you have information that what will be the issue opening time and what if it lists at discount. Can we hold it just like a stock and sell any other day or just have to stick to it for minimum of 5yrs.
ONLYONE
16. ONLYONE  Feb 17, 2011 21:18
where are all gone?????
Ipofinder
15. Ipofinder  Feb 17, 2011 21:09
addendum

On the listing day of SBI bonds (october)

most of the time the price was at 5% premium and made a high of 8.4 % premium
that means 8400 Rs per 1 lac application

logic is simple, FIIs get the money at 2 % interest rates, they can deploy that money to have fix 9.75 % return, thats why there will be huge demand from FIIs on listing day

In october the issue was oversubscribed 17 times

In case of retail it is first come first serve, so everyone will get 1 lacs rs bond, once the issue gets 1 time subscribed, it will be closed for retailers..
Ipofinder
14. Ipofinder  Feb 17, 2011 21:05
Hi BJ,

Bond is just similar to the IPO

SBI has planned to sell their bonds of woth 10k crore
Tranche1 came in october when most of us were busy in Coal India
At that time the bonds gave avg return of 5k per 1 lac application
apart from that 700 rs form commission and 500 Rs interest

total profit was 6200Rs per 1 lac application
SBI wants to attract retail investors to bonds that's why SBI is offering such a higher rates (9.75 %)

Currently these bonds are being sold in grey market at the price of around 2600 per 1 lac application

In case of bond we need to apply on first day itself becoz they are first come first serve basis.
Money will get refunded in 12-13 days and after 3-4 days it will get listed on NSE and BSE, same like an IPO, u can sell them on listing day and get ur returns.

I am very much sure that these bonds will give return of at least 5k per 1 lac application
in case of IPO there is no surity, everyone has burnt their fingers in Omkar chemicals

Hope it helps!!
Bj
13. Bj  Feb 17, 2011 18:59
IPOFinder,
how can we sell these bonds?
So what would be listing price for such bonds, can you please detail all of us, I am sure most of us are new to this.
Ipofinder
12. Ipofinder  Feb 17, 2011 16:44
Hello everyone,

Instead of going for these 3rd class IPO, apply in SBI bonds

SBI bonds are safe and giving great returns

First tranche was available in october month
which gave 5000 Rs per application/1 lac

SBI wants people to make money thru bonds,there will be high demand of these bonds on listing as a lot of FII will like to purchase them

Current kostak 12500 Rs per 5 lacs application for SBI bonds

Chance of losing money is Zero
and making money very high

Enjoy and reap maximum benefits!!
Jain vivek
11. Jain vivek  Feb 17, 2011 11:36
NIS- WHAT ABOUT TDS AND LIQUIDITY? HOW LIQUUD IS THE PREVIOUS 9% BOND ISSUED BY SBI? PLEASE ANSWER
Nis
10. Nis  Feb 17, 2011 08:24
STATE BANK OF INDIA LOWER TIER || BONDS. ISSUE DATE 21ST FEB TO 28TH FEB.ALLOTMENT ON FIRST COME FIRST SERVED BASIS.FACE VALUE PER BOND 10000. INTEREST RATE 10 YEARS BOND 9.75% FOR RETAIL. 15 YEARS BOND 9.95% FOR RETAIL.RETAIL APPLICATION NOT MORE THAN 500000 AND NOT LESS THEN 10000.
"CARE AAA" BY CARE &
"AAA/STABLE" BY CRISIL.
COMPULSORY IN DEMAT FORM.
LISTING NSE & BSE.

THANK U.
PANDARI J
9. PANDARI J  Feb 16, 2011 17:59
i dont know about the financials of this company, but my first look at the company website and the info it has on its site about its operations is mediocre..it does not say what products it has, who are their clients, for me it looked they made this website only for making this IPO hit, i wouldn't risk going for this IPO without knowing its operations and financial status.
Chem cho
8. Chem cho  Feb 16, 2011 17:49
IPO Guru IPO Guru (2100+ Posts, 2100+ Likes)
ACROPETAL TECHNOLOGIES



Established in 2001, Acropetal Technologies Limited was earlier involved in providing Engineering Design Services. From 2006 onwards, the company started offering information technology services. The software services segment is the primary business segment in the company now accounting for approx. 64% of revenues in 2008-09. The company also won the STPI award for High Growth in Small and Medium Business Unit by the Software Technology Parks of India (STPI) and Department of IT & BT Karnataka for the year 2008-09.

Acropetal has a team of about 402 professionals providing software services and Engineering Design Services to various clients across USA, Middle East and Europe as on March 31, 2010. Acropetal reported a net profit of Rs. 357.14 million on an operating income of Rs. 1521.9 million in 2009-10 as against a net profit of Rs. 189.2 million on an operating income of Rs. 971 million in 2008-09.
Divyrajeshm
7. Divyrajeshm  Feb 16, 2011 17:10
b/v 25 about


eps 7 about


pe as 5 market rate 35/------------

only 32 cr. issue //////// only one point
Divyrajeshm
6. Divyrajeshm  Feb 16, 2011 16:53
b/v 52/- rs


eps 12/-


dividan 1rs up



ok
Divyrajeshm
5. Divyrajeshm  Feb 16, 2011 16:49
STANDALONE SUMMARY STATEMENT OF PROFIT AND LOSS, AS RESTATED
(Rs. in Lacs)
Particulars
For the year / period ended
31-Mar-06 31-Mar-07 31-Mar-08 31-Mar-09 31-Mar-10 31-Dec-10
Income
Sales & Operating
Incomes
Export Income 660.43 4,023.06 6,031.48 8,930.40 10,619.36 10,208.76
Domestic Income - - - - 63.54 54.10
Other Income 9.86 80.37 (86.30) 273.69 (25.19) (140.54)
Increase/(Decrease) in
Inventory 39.42 (9.78) 24.85 76.40 150.80 515.13
Total Income 709.71 4,093.65 5,970.03 9,280.49 10,808.51 10,637.45
Expenditure
Direct cost of Sales /
Services 73.90 1,974.89 3,154.52 4,315.31 4,250.12 4,489.08
Personnel Cost 165.75 253.05 494.51 980.43 1,353.02 1023.40
Administrative and Other
Expenses 129.69 240.63 320.40 262.36 403.11 349.20
Selling and Distribution
Expenses 4.77 87.69 63.78 189.24 566.19 414.98
Total Operating
Expenses 374.11 2,556.26 4,033.21 5,747.34 6,572.44 6,276.66
PBDIT 335.60 1,537.39 1,936.82 3,533.15 4,236.07 4,360.79
Less: Finance Cost 22.68 94.48 238.49 817.06 963.76 952.93
PBDT 312.92 1,442.91 1,698.33 2,716.09 3,272.31 3,407.86
Less: Depreciation &
Amortisation 51.77 131.79 290.78 874.44 1,340.72 1597.30
PBT 261.15 1,311.12 1,407.55 1,841.65 1,931.59 1810.56
Add / ( Less) : Provision
for Tax
Current Tax - - - - (4.30) (5.40)
Fringe Benefit Tax (1.78) (2.97) (5.54) (6.39) - -
Deferred Tax Liability (8.48) (30.56) (95.64) (176.68) 27.80 8.10
Profit After Tax 250.89 1,277.59 1,306.37 1,658.58 1,955.09 1813.26
Balance brought forward
from previous year 155.59 106.48 1,354.82 2,602.69 4,202.77 4,702.77
Net Profit Available for
Appropriation 406.48 1,384.07 2,661.19 4,261.27 6,157.86 6,516.03
Appropriation
Proposed Dividend on
Equity Shares - (25.00) (50.00) (50.00) (132.56) -
Tax on Dividend - (4.25) (8.50) (8.50) (22.53) -
Transfer to General
Reserves (600.28)
Capitalized during the year
for Bonus Shares (300.00) (1,300.00) -
Balance carried forward
as restated 106.48 1,354.82 2,602.69 4,202.77 4,102.49 6,516.03
priyankam
4. priyankam  Feb 16, 2011 16:47
should one go for this ipo...
shailoo
3. shailoo  Feb 16, 2011 16:12
Acropetal is doing well as present scenario and asking for funds for development in India and abroad. No doubt, retail investor will get good reward after listing.
GOEL BERIWALA
2. GOEL BERIWALA  Feb 16, 2011 15:18
HAI EVERYBODY,

WHAT THE RETAIL INVESTOR SHOULD DO IN THIS IPO ?

YOUR VALUABLE COMMENTS PLEASE.
Durai Raj,Tirupur
1. Durai Raj,Tirupur  Feb 16, 2011 13:15
Top Contributor Top Contributor (300+ Posts)
170 crore issue...
Upper band at 90 and bid lot at 60 shares







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