Shilpi Cable Technologies Ltd IPO Message Board (Page 24)

Friends I was able to get Rs 30000/- (Thirty Thousand ) from my merchant bankers for not punching in time my Cox & Kings IPO in November 2009 after complaining to SEBI & then arriving at a mutual acceptable amount.

You should however carefully preserve the receipt of IPO application form as proof.

SHALL ONE APPLY IN SHILPI? WHATS THE GMP?

To 26 MLA sir

PTC looks weak, current grey market sentiment is weak in case of PTC, my advise is to stop the cheque, its a high risk game, 80 % chances are of negative listing and 20 % are of positive

dearipofindersir, whAT IS YOUR CALL ON PTCFINANCIALS, WHETHERTO STOP PAYMENT FOR CHEQUES , WHAT IS THE CURRENT MARKET PREMIUM, SHOULD I WITHDRAW.KINDLY SUGGEST URGENT,BEFORE PRESENTATION OF CHEQUES.THANKS.

ALL FRIENDS ON THIS WONDERFUL FORUM

A VERY HAPPY HOLI

Happy holi to all boarders.

dear frnz, wish you a very happy holi to all with happy investing

Dear Friends,
Wish you a very happy & colorful holi.

shreedhar bro why do u not give ur trading info. on board now a days .any reason. its my request to u please share info.

happy holi to all board members.

next ipo SHILPI CABLE TECHNOLOGIES LTD http://www.shilpicables.com
opens On : 22 March, 2011
Closes On : 25 March, 2011 168383 Days to go
Lower Price Band (Rs) : 65
Upper Price Band (Rs) : 69
8,098,144 Shares,Rs. 56 Crores
Issue Allocation
Institutional , HNI Retail
4,049,072 1, 214,7222, 834,350

Application Multiple : 79 and in multiples there off starting with atleast 79 shares Maximum no. of shares upto Rs. 2 lakhs: 2844 shares
Cheque Drawn In Favour Of
"SCTL Public Issue - Escrow Account - R" For HNI Bidders Cheque Drawn In Favour Of
"SCTL Public Issue - Escrow Account - R" For Retail Bidders for.Rs.196236/-

Registrar to the Issue : BEETAL FINANCIAL AND COMPUTER SERVICES PVT LTD

kostak very low vilume at 2200-2500(2 lacs)

Dear friends,
Grade 1 ipos are anyways performing better than grade 4,So why debate about valuations etc.This debate may be better in secondary market.Primary market has become a game of satta.

skdash or sk -

correction:-

M/s Shilpi Communication Private Limited
- sales = 3.15 lacs , pat = (8) lacs

skdash or sk -

would u plz clarify some of my concern on ur analysis;-

1) negative cash flow from operation from begining to 31.3.2010 continuing).

qstn:- what do u mean by cash flow and how a negative cash flow is harmfull to a co ?

2)Loss from operation till 31.3.2009.

qstn: what is bad in this when the co has commenced its business in january '08 ?

3)Amount of secured loan and unsecured loan is much more than all assets

qstn: if that is truth, then why the co has positive networth of RS.43.7 cr as on 30/09/2010 ?

3)Most group co are suffering loss till date.

qstn: then what is this detail of the group co, u combined the performance orindividually decide whether u r correct :-

a)M/s Shilpi Communication Private Limited
- sales = 3.15 lacs , pat = 8 lacs

b) M/s Shilpi Cabletronics Limited
- sales = 9859.26 lacs , pat = 102.53 lacs

c) M/s Shilpi Cables Private Limited
- sales = 6.00 lacs , pat = 2.51 lacs

d) M/s MVM Impex Private Limited
- sales = 2.96 lacs , pat = (3.91)lacs

e) M/s GGP Cabletronics Private Limited
- sales = 2.55 lacs , pat = (0.04)lacs

Dear friends

when would money from loveable largeries free.

will it be available before shilpis issue closes.

Power Finance Corp. on Friday filed papers for the launch of a share sale to raise up to $1.2 bn, three sources with direct knowledge of the matter said.

The share sale by the state-run company is likely to be launched in the June quarter, the sources told media on condition of anonymity, as the information was not yet public.

Shilpi- negative cash flow from operation from begining to 31.3.2010 (continuing). Loss from operation till 31.3.2009. Amount of secured loan and unsecured loan is much more than all assets. Debt equity ratio is very high. Most group co are suffering loss till date.

happy holi to all the participants of this beautiful platform....

happy holi to all the participants of this beautiful platform....

happy holi to all the participants of this beautiful platform....

happy holi to all the participants of this beautiful platform....

here is my take on this ipo:-

EXPECTED PRICE BAND IS 64---69
NO OF SHARES ON OFFER WILL BE AROUND 80 LACS SHARES

financial figures for fy'11 ( expected ):-

sales = 245 crores
pat = 17 crores
nw ( post ipo ) = 100 crores
no of shares ( post ipo ) = 3.22 crores

so EPS FOR FY'11 = 5.25
so pe @ 69 = 13
book value = 30

Industry P/E*
a. Highest: 27.1 (Vindhya Telelinks Limited)
b. Lowest: 9.6 (Sterlite Technologies Limited)
c. Average: 10.4


BUSINESS OVERVIEW:-

basically manufacture Radio Frequency cables to cater to the Telecom
Sector.
Our Products are used in Telecom towers. In mobile towers, feeders are the cables used as a high-frequency transmission medium to carry high-frequency or broadband signalsbetween antenna and its base Station. These feeder cables are vital for site’s optimal performance.

CONCLUSION:

although asking valutions are rich for a cable manufacturing co, the co has a scorching speed of growth, commenced prodution in january'08 it sales have grown from 48 crores in fy'09 to 170 crores in fy'10 and for fy'11 expected to be 250 crores.

i think if price band comes to 69 and its issue size of 55 crores this ipo can give good return as operators may be active and valnis also not out of the world looking at the growth of the co....3G will boost its sales significantaly AS TOLD BY THE CO

i m hoping of making some money out of this ipo lets see......

Thiru kumar,
Listing gain is one thing and fundamentals is a totally different thing. Market experience will tell you there are other factors involved in listing gain - mainly operators. If fundamentals (not high price) is the only thing then issues like Ramky and A2Z should have listed with gains.