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Infinite Computer Solutions India Ltd IPO Message Board (Page 16)

0. inder |   Link | Jan 8, 2010 9:49:09 PM
i have been in the market for last many years. you are having good knowledge congrats, i was a frequent vistor of this site earlier.
do you think infinite would yield listing gain.
Ravi, Bangalore
-1. Ravi, Bangalore |   Link | Jan 8, 2010 2:44:33 PM
19. a.g.sachit

I have already explained. To elaborate,

1. Assume that you apply to Infinite Computer Solutions IPO. Make a note in your dairy, the quantity of shares. When it lists, at some point, you sell. Make a note your selling price in your dairy. Check whether you have made a profit or loss.

2. Similary, assume that you have sold DB Corp around 255. Check after 3 - 4 months (or after its half-yearly result), whether you can buy back at lower price or not. Make a record of all transactions in paper.

-2. rama |   Link | Jan 8, 2010 2:23:27 PM
remember this:

when retail investor dances by calculating profits made in ipo's and calculates premium of future ipo's, fii's and other big investors will laugh, sell their holdings and go for sleep.
dont get carried away with one or two good issue and then loose all the money made and blame others!!!
-3. a.g.sachit |   Link | Jan 8, 2010 1:48:35 PM
Mr.Ravi, Bangalore (8)
you have replied to Mr.vinay.OK.
Will u please explain the papertrade. I am also eagerly
to know the details of paper work and the details requires
for a new commer.
-4. VISHAL |   Link | Jan 7, 2010 2:33:12 PM
As Per IPO Application form available @ NSE

             PRICE        EPS        P/E        BV        P/BV
INFINITE COMP 165       9.33        17.69        44.76        3.69
TECH MAH 1,209        80.6        15        154        7.85
MIND TREE       173.6       7        24.80        135.4        1.28
INFOTECH 239.32        12.4        19.30        124.5        1.92
HEXA             31.68        2.40        13.20        40.30        0.79

Please note that price arrived based on EPS & P/E data given in IPO application forms.

-5. Tanu |   Link | Jan 7, 2010 2:32:31 PM
Please read DRHP...
As per alloted shares to employee at 15 /- under ESOP plan... now they are asking 165/- for the same...

I also undestand that there should be benifit to employee but 11 times benifit is unjustified..
-6. GAURAV ARYA |   Link | Jan 7, 2010 12:55:08 PM
Amit Keshri
-7. Amit Keshri |   Link | Jan 7, 2010 12:49:34 PM
(10. nisar) is out of order..
Dont provide your baseless comment if you dont know anything about IPO..
better keep mouth shut.. that might help others
Amit Keshri
-8. Amit Keshri |   Link | Jan 7, 2010 12:47:16 PM
(10. nisar) ---

Keep your golden principle with yourself if you dont know anything about listing...

With your comments you dont look like even beginer in stock market..

Do some study or follow the trends of companies.. you will understand that you are talking non sense..

Hope this site is for helping beginer & for advising people properly with knowldege..

Please doent create spam by writing baseless comments...
ipo king
-9. ipo king |   Link | Jan 6, 2010 7:02:38 PM
What are you saying nisar ???
Public got full allottment in COX & KINGS and it had the best listing in recent times.
-10. Kandasamy |   Link | Jan 6, 2010 7:02:29 PM
Experts please advice on this IPO
CRISIL IPO grade 2/5 assigned to this IPO . Can I invest on this IPO.
Please guide me..
-11. nisar |   Link | Jan 6, 2010 5:23:51 PM
if public gets full allotement listing will be below issue price and if if public bycotted, listing will be double the issue price.REMEMBER THIS IT IS A GOLDEN PRINCIPLE.
Ravi, Bangalore
-12. Ravi, Bangalore |   Link | Jan 6, 2010 2:08:29 PM
5. Vinay

Engage yourself in paper stock trading yo fine tune your stock trading skills.

If you are interested in involving yourself in the stock market, you might want to take a step aside for a moment before you begin spending real money in stock trading. In other words, you might want to spend some quality time involved with paper trading, with paper stock trading, as a means of learning more about stock investing and investment strategy in the proverbial real world.

If you are unfamiliar with the term, paper trading is a simulation. Through this simulation, a person interested in taking up stock investing “buys” and “sells” stocks. However, the buying and selling is completely fictional. While you are following the rise and fall of real securities on the stock market, you are not using real money in the process. Through paper trading, you have the chance to practice stock investing and stock trading without putting any of your own hard earned (and real) money at risk.

Anybody interested in trying their hand at paper trading can do so. Indeed, as mentioned, many wise investors gives paper trading a go before taking up the real beast … be it a bull or a bear.

Once again, many people find taking the time to engage in paper trading to be a useful tool and process in preparation for making trades on the real stock market. Additionally, paper trading usually also proves to be an interesting an enjoyable pastime for people who are not yet prepared for whatever reason to commit money to the stock market and to stock trading.
-13. BHUPINDER |   Link | Jan 6, 2010 12:35:55 PM can have a good start with ICS IPO yiou will definitely enjoygood gains and alwaysbe looking for IPOdates I WISH YOU GOOD LUCK .YOU ARE WELCOME TO CONSULT
-14. BHUPINDER |   Link | Jan 6, 2010 12:24:46 PM
this IPO will give you min of 30%gain on listing .you must subscribe for good gain I wish you good luck for all those who wish to subscribe.
-15. vinay |   Link | Jan 6, 2010 10:18:21 AM
i'm the begineer of share industry.lets start the share business with less amount i need total information what the process which share is better what's the brokerage charges eveything i need information.vinay from tirupati
-16. HEMANT |   Link | Jan 6, 2010 10:15:35 AM
-17. VISHAL |   Link | Jan 6, 2010 9:45:09 AM


EPS ( POST IPO ) = 9.32

P/E @ 165 = 17.69

What would be book value post ipo ?

How peer group is trading ?

-18. VISHAL |   Link | Jan 6, 2010 9:33:06 AM

Infinite Computer Solutions India is entering the capital markets with a public issue of 11,503,000 equity
shares of Rs 10 each for cash. The price band is fixed at Rs 155-165 per equity share. At the higher end
of the band, the company will raise about Rs 189.8 crore and at the lower end of the band, it will raise
about Rs 189.8 crore. The issue will open for subscription on January 11, 2010 and will close on January
13, 2010.
The issue consists of a fresh issue of 57,33,600 equity shares by the company (amounts to around Rs 94
crore) and an offer for sale of 57,69,400 equity shares by Whiterock Investments (Mauritius) Limited,
Vaibhav Bhatnagar and Sanjay Govil (amounts to around Rs 95 crore).
The issue will constitute 26.17% of the fully diluted post issue paid-up capital of the company. Its
outstanding shares will be around 4.3957 crore post issue and the market cap will be at Rs 681–725
The fresh issue proceeds will be used for capital expenditure (Rs 25.7 crore); acquisitions (Rs 38 crore)
and repayment of debt (Rs 8.4 crore).
It is a global service provider of Infrastructure Management, Intellectual Property (IP) leveraged solutions
and IT services, focused on the Telecom, Media, Energy, Manufacturing, and Healthcare industries.
Telecom vertical accounted for 59.4% of FY09 and 54.4% of H1FY10 revenues. Top five clients
accounted for 83.80% of revenues in H1FY10.
It has integrated network of delivery facilities across India and US. It has 14 offices across globe - US,
UK, India, China, Malaysia, Singapore and Australia. It has four delivery centers in India – company
owned facility in Bangalore, and leased facilities in Hyderabad, Gurgaon and Chennai.
For the year ended March 31, 2009, it reported net profit of Rs 36.2 crore on revenues of Rs 128.7 crore
and for the six months period ended September 2009, it posted net profit of Rs 20.7 crore on revenues of
Rs 92.5 crore.
The book running lead managers to the issue are India Infoline Limited and SPA Merchant Bankers Ltd.
Bigshare Services Pvt Ltd is the registrar.

In an interview with CNBC-TV18, Upinder Zutshi, Managing Director of Infinite Computer Solutions, spoke
about the company's functioning.

Q: What is your business model? Which are the main industries you are dependent on for your
A: We are an IT services and solutions company. We have three main service lines, application
management outsourcing, infrastructure management as well as research & development (R&D) and
intellectual property leverage solutions. Those are the three major service lines that we offer to our clients
predominantly in five major industry verticals - telecom, media, healthcare, manufacturing and energy.
Q: There are two concerned points, one is primarily your focus is on the telecom IT vertical,
spending seems to be – at least that is the sense we have been getting – on a bit of a lull right
now. How do you foresee order growth from the telecom space? A lot of your growth is
concentrated amongst very few clients. Are you planning to diversify on that, are there any
concern points there?
A: Our business strategy revolves around engaging with very large corporations global 1000-fortune 500.
This is the core strategy of the company. As a result of that there are advantages and disadvantages to
that strategy. The advantages are obviously when you engage with such clients, you get very large
scalable business opportunity that is multi-year and significant in terms of revenue. You also get a very
clear visibility and order book that creates a basic platform on which you used to grow.
On the flip side, however, is a little of a concern that there is client concentration. In our case, we look at
typically top-10 clients give us 90% of the business. Each of these top 10 clients have potential to be very
large clients of us. So there is no dependence of one or two single clients in our case.
In terms of our vertical, we have very significant domain as well as technology expertise in the telecom
vertical. The kind of services that we provide, we do a lot of application management. Some part of
application development is to a large extent discretionary. A lot of the work that we do is supporting core
infrastructure, supporting applications, providing help desk support, supporting infrastructure in hardware,
software networks and also having a business model that revolves around revenue share on some of the
products that are installed in the telecom sector that we take on a long-term revenue share business
model. In terms of our numbers we have significantly grown in the last two years. This is an opportunity at
times when the market may not be doing too well.
Q: Part of your issue is a fresh offer of shares. The other part that is exactly half of it is actually a
divestment by existing shareholders in the company and one of them is a company we
understand called WhiteRock that is a British Virgin Island listed company. Can you tell us about
WhiteRock? Why are they completely selling off from the company? When did they enter? Why
are they now quitting the company entirely, if it is entirely?
A: Yes it is. They invested in us in 2003-2004. They invested USD 6 million at that time. Due to the
internal considerations and the final liabilities coming to a close they would like to exit at the time of the
initial public offering (IPO). It is a Singapore based fund and part of the holding is owned by Temasek. So
they are completely exiting at the time of the IPO.
Q: Have they given any reason why they want to leave the company?
A: They have been invested in us for the last six years. I am sure their fund has a particular life cycle.
Their IT fund is coming to a close. So they would like to exit.
-19. Kalpesh |   Link | Jan 6, 2010 6:01:21 AM
CRISIL IPO grade 2/5 assigned to the IPO of Infinite Computer Solutions can anybody tell me is it too risky?