MindTree Consulting Limited IPO Message Board (Page 22)

Mr. Srinivasu, the minimum number of shares to be applied cannot be 100. It will be between 15 adn 20 and not more than that.

the mimum no of shares are 100. so wee need to apply in multipules of 100. so we need to invest minimum Rs.42,500.

Dont apply as the company is in haeavy debt and the main reason for the issue is to prepay huge loans.Stay away from this issue.Instaed go for idea cellular.

We can trust on the young directors. However, 5 months sales are reflected as debtors, which is too high. Might be the company has to improve upon on the bad debts recovery. But for this, it appears as a very good issue.

Hi,

You can apply in multiples of 15

Bye

company a great hit....founded by wipro senior staff....target of Rs. 950 in first week

In this site minimum number of shares is not mentioned. What is the mimimum number of shares we have to take in MindTree?

NOT GOOD IPO TO LIST

Apply .Don't miss.It's a hit.

Financial Statements suggest that for 30/09/2006, the total income is Rs.2,910 million and Debtors is Rs.1,253 million. In other words, Debtors to Sales Ratio is nearly 43%. Is it sound and comparable with other companies in the same industry?

Employee Mindtree - The company is facing real problems due to bad debts and toher iteration of employees and where all other IT companies are increasing its employee, Mindtree has plan to stablize it or not increase at all. So pleas ething before apply as it cud be result as traind or investor's loss. Also check their B/S, Not gudd.

request to know the lot size of the issue

See the Hindustan Times Delhi Edition on the front page mentioning "INDIAN IT, BPO FIRMS RULE WORLD'S BEST LIST" & in the continuation page -11 you will found the top ten IT company as follows:1.TCS, 2.Cognizant Technology solution, 3.Infosys, 4. HCL, 5.Neoris, 6.Patni, 7.MindTree, 8.Politec,9.Satyam,10. Wipro. So decision is yours. My opinion is to appy. Best of luck

What is the lot size of this issue?

MindTree is going to rock the entire IPO Segment. No suprise it would be another TechMahindra.

Its a great issue. its Financial statement is excellent and is poised to list at very higher levels. management has history of strong and consistent income and profit growth, which is strong positive factor for the issue.

The internal news says its not a good issue. The company is facing problems due to bad debts. Think thrice before investing.

Issue is very very small with just over 5million. This will definetly get oversubscribed by many times.

This issue is going to be heavily oversubscribed... hence apply in lots.....

else there is very less chance of getting it....

Backed by CMMi and P-CMM level 5 assessed processes, MindTree is one of only a few companies globally that have been recognized as reaching the highest assessment level in both methodology frameworks.
Its showing mindboggling finance growt, so there is no choice but to invest