ITI Ltd FPO Message Board (Page 8)

Is this a joke? A company which has collapsed a long time ago is raising funds thru equity? ITI employees in Bangalore were laid off a long time ago.
1. And what products/services they have in their bag, to show a revenue of 18k+million rupees revenue in 2018?
2. And what about revenue for FY 2019?
3. wWhat R&D do they have, which helps in current telephones related scenario?
4. I don't think they have any worthwhile products/services other than the acres of land parcel in all those cities which can earn then a decent revenue.
Apply at your own peril.

As far as the lay-off of the employees is concerned. The employees are given VRS Benefits as they have taken VRS which is in line with any government organization and a standard practice

1. Communication Projects, Defense Security Encryption, Broadband Products & Services, Infrastructure Projects, Turnkey Solutions for Telecos, New Data Centres, Software and IT Support service and AMC's for telecom defense networks

2. If you could check the numbers there has been an increase in the revenues by 12.41% for FY19 (y-o-y)

3. I guess, the R&D technology which ITI has is w.r.t. the defense sector and cannot be shared due to security reasons

4. The company is reviving itself and coming up with a new range of smart meters etc. So, I think there is a scope of growth

You can find more information in the below given link

http://www.itiltd.in/Investor%20information/2020/ITI_Roadshow%20Presentation-18-01-2020.pdf

ITI Ltd. India's First PSU under DOT is having a range of products including Telecom products, Defense Encryption Products, Service based projects, 1000 Racks Tier-3 Data Center, Telecom Testing labs, StartUp HUB Incubation Centers, Smart Energy Meter, Smart card for RUPAY, Component Screening Lab for ISRO projects, Turnkey Execution of BharatNet Project across India while supplying GPON equipment to BBNL BSNL, OFC/HDPE Pipe manufacturing, Executing BHARATNET-2 in Maharashtra, GUjarat and L! in similar projects for other States. Manufacturing WiFi equipment for BHARATNET projects. Telephones manufacturing for Defense as well as BSNL, etc. Smash PC manufacturing, Smart Postal Kiosk & Smart Delivery box manufacturing for India POST. Having purchase orders & advance purchase orders worth of 20,000 Cr. Maintaining Army Switched Communication Network across Indian subcontinent for Indian Army, Execution & AMC for NFS project by Ministry of Defense. Other products along with Note Counting Machines, LED bulbs, National STREET LIGHTING PROGRAM, SMPS for BSNL, ONT, OLTs under C-DOT Technology and many more.

95 rs. Today morning???
Wait till last moment to subscribe for listing gain.
Long-term investors can apply
Anytime.

Minimum lot size 150 shares

Waiting reply from Rajakumar and Aniketiaf sir..

Please suggest...

Price band is very good ..
Current price is 100 rs...
23 rs below current level..
Apply for listing gain..
But wait for last day for apply...

Floor price fixed Rs. 72/- पर share

price band 72 - 77 fixed

Any discounts for retails??

even no SH category

10% of issue size is reserved for retail, so only Rs 138.6 crore for retail at upper band. Huge subscription expected.

52 weeks high/low is 114/56 and then decide

ITI limited was a loss-making till the last decade. However, it's is now turnaround story with high growth prospects. From being negative at EBITDA level ITI has become a PAT positive company recently. Furthermore, Net Worth has also become positive. The order book stands at Rs. 11050 crore as of Q3&9MFY20 with and additional L1 defense order worth Rs. 7500 crore.

eagaleeye mam your view

Fundamentals of this Company is poor.
EPS - 2.04
PE Ratio -48.9 Times
Book Value- Negative
So Big avoind from my Side..

Allotment priority given to minium application or on proposition ?

Minimum lot size will be considered first. If any shares left out after that then Proportion basis.

Price band 72-77
lot size 150 shares and after its multiples
first looks price is very good and will go for Apply

Any update on lot size?

Price band looks attractive. Let us see if it would be sustained till FPO's shares will list on exchange.

Will decide on 28-1-2020 morning
Issue Price looks good at 77

Lot size is 150 shares

FPO price Rs. 72-77

*price band of ITI FPO* 72 to 77

In today's Board Meeting, they will reveal the FPO Price. My guess the price will be around Rs 80/. Currently it's trading around Rs100