Redington (India) Limited IPO Message Board (Page 6)

Applied for 360 shares and got 60 shares. remaining amount refunded.

good profits

Where can we find grey market premiums? Any idea

I have applied for 315@cut-off. What is the chance for allotment?

when we would be knowing the allotment status and when it is going to be listed in secondary market

as per my opinion might be getting 30% - 40% more premium

That was about Cinemax Ipo & not the Redington

Seems to be very good Stock. Foreign Institutional Investors already Bid for almost 7 times of their Reserved limit till 23rd. But I don't understand why negligible bids for the Employee Reservatin???

Subscribe for listing gains

Good being of Subscription- Shows the investors an assured return, plan your thing

it it a good stock of tech ,investors can in invest in it and get profits.after a long time a good stock is coming.

Redington is a distributor of IT products and a provider of logistics, supply chain management and support services in India, Middle East and Africa

With a diversified presence across systems, peripherals, components, networking products and packaged software incorporating brands like Acer, IBM, Lenovo, HP etc, the continuing IT boom would reflect significantly on Redington’s top line.

Assuming a 25 per cent increase in earnings in FY08, the expected P/E would work out to 8.3 and 9.8 times estimated FY08 earnings, at the lower (Rs 95) and upper (Rs 113) end of the price band.

(Business Standard)

IT – Distributor with a plan of IPO – In a standard increase in Turnover Seams to be good Market player

Valuation - Capital Market
Between FY 2002 to FY 2006, consolidated sales registered a CAGR of 49.1% and net profit a CAGR of 63.4%. The consolidated FY 2006 EPS on the post-equity works out to Rs 9.2. At the price band of Rs 95 - 113, PE is 10.3 – 12.2. The first-half annualised consolidated EPS stands at Rs 10.2, and PE 9.3 – 11.1. The nearest comparable company, HCL Infosystems, is trading at consolidated TTM PE of 9.4.

seems to be a good tech stock