Everonn Systems India Limited IPO Message Board (Page 92)

tell me about allid digit & everonn ipo for listing gain

Valuations as per ICICIdirect.com

At the issue price of Rs 125 to Rs 140, the stock discounts its FY07 earnings of Rs 4.73 (basic EPS) by 26.4x and 29.59x at the lower and upper band respectively. We believe the valuations are stretched when compared to its much larger peer NIIT (revenues of Rs 795 crore vs Everonn’s Rs 40.3 crore), which is currently trading at 36x its FY07 EPS of Rs29.5. However, we believe market expectations could price the issue at a premium on the basis of Educomp’s valuations of around 146x FY07E EPS of Rs 15.48. We recommend subscription for listing gains.

In my opinion, BEML is safest bet. May be you will have to hold it for 1 year or more.

how about this ipo should i invest in this or investing in this will be safe and profitable or not please let me know... thankyou

Given choice between BEML, HDIL, Allied and everonn, which one should be preferred for listing gains and safe investment if kept for 6 months

ashok,
yes definately allied is better than everonn. there is some play in grey market premium regarding everonn.so better to apply everonn with due care.. no body knows when the grey market premium will fall. one thing is sure apply for allied shares blindly......happy investing

Dear Ritu,
You are right regarding CM Everonn rating.I got misguided because I did not find it online.Does it mean that Allied Digital is better than Everonn?

dear ashok,

i again confirm that everonn has capital market ranking 46. it is not available on site. but i am subscriber to capital market. and you will see the ranking in the forth coming issues of capital market and on the capital market site on the day of opening of the issue. i am not the person to misguide any body. this information is for all the viewers....happy investing

shares      cut-off      total            
50      140      7000            
100      140      14000            
150      140      21000            
200      140      28000            
250      140      35000            
300      140      42000            
350      140      49000            
400      140      56000      PAN COMPULSORY      
450      140      63000      PAN COMPULSORY      
500      140      70000      PAN COMPULSORY      
550      140      77000      PAN COMPULSORY      
600      140      84000      PAN COMPULSORY      
650      140      91000      PAN COMPULSORY      
700      140      98000      PAN COMPULSORY      

not 4 allied digital 4 everon?

lot size for allied digital?

what is the lot size friends./

juicy the news is indeed very juicy..keep it up

Everonn has signed MOU dtd 22 June, 2007 for Computer aided learning under BOOT model in 1256 Elementary schools for a contract period of 3 years in Gujarat. The size of contract is Rs. 30 crores ( http://www.everonn.com/image/everonn_addendum_27-6-07.pdf)

Guess this news is a GREEN for us to apply indicating orders pipeline..

u r correct funddooo..this people still don't know anything . premium means the price above the allotment price . this means if company is fixing let's say 140 for allotment than premium of 235 means listing would be near by 140 + 235 = 375 .

understood or not .

mr. deepak/Tops,

i was telling 235 premium is 168% higher on upper price.

As someone telling premium is 235.
premium = listing price - issue price

so premium of 235 means 168% increase in you money of which share will be alotted...

So guys do some homework & give your views then...:)

hi,
regarding grey market premium, the website still shows 12-15 rs premium. similar thing happened with nelcast. it showed a premium of 15 rs. now nelcast quotes below issue price of 220 and now it is at 195.

because educomp prices have been jacked up by operators,
all this so called computer education companies are entering in market, even teledata is hitting upper circuits based on rumours of having entered in same kind of business
investors should be beware of such companies

dont apply in this issue, buy in the secondary market instead

dear fundoo,

u may be right if u had said "grey mkt premium' is 168%

but u r certainly wrong in saying 235 is 168% ABOVE it upper band.
it is 68% above its upper band