Edserv Softsystems Limited IPO Message Board (Page 2)

Hello everyone, Tata Capital NCD ke bare me kya khayal hai??? Is it worth to invest in this market???

This company is backed by the shady SSI ..
All these booking at the last minute is preplanned by the
Kalpati group who has lot of money after selling/closing SSI.
This is the first manipulation and also will be listed at very
high price..Soon public will be fooled(if some body has got the guts to buy this cheap share of a cheap company)..Total suspicious operation in the last minute booking that too from the so called retail investors..Think SEBI probe is required..

(yeh bhi satyam ka bada bhai hai sabko barbad kar dega) sell listing day ko short kare tgt rs 4 only

BE PREPARED FOR HIGHLY MANIPULATION, ALREADY AHMEDABAD BASED OPERATOR WITH BROKERS TRYING TO CONTACT INVESTORS WHO HAVE APPLIED FOR ISSUE, WILL GIVE DECENT RETURN ON LISTING

BE PREPARE FOR SEBI INQUIRY ALSO, THERE WILL BE SURE MANIPULATIONS ONLY

subscribed fully 1.2 times

Buy Sucrosa (530883) tgt 14 Rs. in 1 Month

Congress has destroyed the Strong fundamental of indian economy by friteering away money indiscriminately for populist measures otherwise india would have endured the strong distarous effect global meltdown.Congress waved (90000 Cr of farm loan! imagin the amount more than 18 Billion dollars for encouraging inefficiency)
Congeress is responsible for all this mess and now blaming it all on Global Conditions.
Friends Let us Resolve to defeat the congress in coming elelction.because Congress just acted only keeping in view of elections

It's an IT based group.IT is stablizing and going for a correction.
No point in thinking about this IPO.
Education institutions are coming in to business.
Teach them a lesson for their greedy nature of promoter!!!!

Those who are greedy and thinking that they will make profits in first day listing can try. but what if all will think in same phase !!! search for GOATS not Monkeys !!!!
Goats one day fetch good returns!!!!!!!

This is another big scam IPO. How can a company with only 4 crs in Revenue demand 60 Cr in valuation. The funny thing is the year before they just had revenues of 1.5 Cr. When will these promoters start taking the public seriously. What about the regulators and underwriters - they continue to let these scams under their nose.

I don't think so that we can invest in this IPO.B cause as per it's values and results we can buy the satyam share at this price no???And the market is still facing the bad luck position right!!so try to think once before going through this........

ED.SERVE LISTING AT RS. 75+

Edserv Softsystems Ltd THIS IPO MAY LISTED ONLY RS4 -RS5 MORE IF APPLY SOLD VERY FIRST DAY OF LISTING

Its the opportunity...

it will give tremendous returns like Educomp...

Subscribe with full application money...

satyam is available at 58 rs so this company thought it deserver such price.This ipo will sink without notice forget of even subsribing at 2 rs.this stocke is not even worth that.
apply and get your money getting sunk.ipo

CAN'T U SEE THE INTENTION OF PROMOTORS TO NOT ONLY MAKE FOOL OF US, I AM SURE ONLY SPECULATORS WILL CORNER THE SHARE AND MAKE PUBLIC FOOLS,

SO GO AHEAD AND BECOME ONE OF FOOLS

BYE

very risky to apply this IPO. More shares at cheaper price are available in the market.

extremely high premium. issue objectives are cheaply available things why so much money is required.

Jan 29, 2009 04:15 pm
Serves no purpose from SPTULSIAN.COM
Edserv Softsystems is entering the capital market on 5th February 09, with an IPO of 39.74 lakh equity shares of Rs.10 each, in the band of Rs.55 to Rs.60 per share.

The networth of the company as at 30-09-08, was just Rs.10.50 crores with book value per share at Rs.12.50. Even FY 08 topline was pathetic at Rs.3.95 crore which was a meager Rs.18 lakh for FY 07. Inspite of such a pathetic performance, sundry debtors of the company were as high as Rs.3.25 crores as at 31-03-08, equivalent to about 10 months topline. Present equity of Rs.8.03 crores would rise to Rs.12 crores, post IPO.


The company has been a virtual non-starter for all these years as it is reflected from its aggregate topline of less than Rs.2.50 crores in the years FY 04 to FY 07. In the year 2007, the company acquired ELMAQ, an IT Education and Training Business for Rs.90 lakhs from S. Giridharan and consideration were discharged by issue of convertible debentures of Rs.90 lakhs. This is inspite of the fact that the company had a cash balance of Rs.2.90 crores as at 31-03-08.

The company now proposes to go on the lines of Educomp and Everon and chalked out an expansion of Rs.30 crores for which this issue is being made. If you have speculative element, you need to have a role model, and Educomp has been taken by the company. But the promoters forget that there are Software Technology, NIIT, Aptech kind of companies also, which are much larger than this company is going to be, but ruling at a pathetic valuation.
It is sad to see such IPOs hitting the capital market which otherwise was remaining dormant. Definitely, it will kill the prospects of reviving it.

This issue is pure momentum and worthless, not even worth subscribing at Rs.10 per share. Maybe, initial speculative momentum play can take share price to a level but would get settled in single digit.
So why to risk your hard earned money? Use it for the education of your near and dear ones.

this company is very nice u will earn 2000rs in minimum app.
market is strong last support is 8500. from there market goes to 15000 after march

ABHI GREY MARKET BAND HO GAYA HAI.2011-2012 ME HI KHULAGA.YEH COMPANY CHOR HAI.ISME SSI(BROTHER OF SATYAM)KA 46%INVESTMENT HAI.