Simplex Projects Limited IPO Message Board (Page 25)

Hi raheela(121.247.49.178),
Allotment through Lottery is a tricky matter.
Some registrar do the logical way i.e, club individual lots i.e, they club together people who have applied of one lot separately & people who have applied for two lots & so on.

Sometimes when the subscription so hue like # Everonn System &
# Allied Digital, the registrar simply puts combines every lot & every application & the computer picks the lucky ones...because everyone gets just one lot.....

The mode of lottery is also not described in RHP....
Expecting experts to comment on this.....

Regards,
Sundaram.J.S.

Buy Akar Tools Ltd. at current level
The stock will be crossing 50 within a week

the grey market premium as of today is in the range of rs 150-155

can any one please tell me when does a ipo get alloted on lottery basis after how many times oversubscribed-does that mean u stand the same chance for a person who applied for one lot and who applied in maximum

should Apply For simplex or not????? How its listing is expected... plez tell me...

Tanushree, please let me know that how much premium simplex ipo provide. can i applied for omnitech & omaxe. what premium they provide.

Good to see tanushree back in action. Please tell the expected premium for Simplex.

ur expected times of subdcription may pls say
I hope it will subscribe 38 times.

Also people who missed hdil. I was urprised to see hdil subscription in retail. Probably people thought dlf will not be a hit. Now about HDIL also people who applied are very lucky as Hdil fair value comes at 1000+ .HDIL Profits is 548 crore .Guys dont worry about stocks with more than 100 crore profits they will always be safe bet.

any have got icici bank fpo second payment latter?

Hi Ashwin,
Dont worry apply in simplex.
If anyone dont have dlf buy dlf as I stated before now all people who were saying bad things about dlf have hidden somewhere. I would also say buy dlf,parsvnath and sobha before these 3 stocks run away and go too far. These companies have great future

can i apply for this ipo

hi everybody
this ashwin here frm chennai
tanushree pls give yr suggestion on tis ipo simllex projets ltd.
pls reply fast
wating 4 yr comments and suggestion

anybody tells me about simplex.gud gain on listing or not

Jul 06, 2007
Chhota Simplex.
Simplex Projects is entering the capital market on 10th July 07 with a public issue of 30 lakh equity shares of Rs.10 each in the band of Rs.170 to Rs.185 per share. The company is a construction and engineering firm providing construction services for civil and structural construction and infrastructure sector projects. The wholly owned subsidiary of the company - Simpark Infrastructure Pvt. Ltd. is involved in the business of installation, development, operation and maintenance of multi-level Automated Car Parking Systems. This company has been running two car parking systems in Kolkata for Kolkata Municipal Corporation on BOOT basis. Of this, first one is for 214 cars, while the second underground car park for 250 cars became operational in April 2007.



This company has no relation with the promoters of Simplex Infrastructure. In the year 2002 three Mundhra brothers separated and one of the brothers is a promoter of Simplex Infra while another brother is heading this company. Maybe, in due course of time, third brother would also tap the capital market. Then you may have three Mundhra families owning three Simplex companies, all in engineering and construction.



For FY 07, the company posted topline of Rs.136.25 crores, PBT of Rs.11.86 crores and PAT of Rs.10.50 crore resulting in an EPS of Rs.11.67. EBITDA margin of 14.13% and PAT margin of 7.70% for FY 07 are better than industry average. However, the company has to catch on, for which huge working capital would be required. During FY 04 to FY 06, growth of the company on topline and bottomline was mediocre. The presence of the company is mainly into eastern region.



The company has now chalked out a capex plan of Rs.55 crores mainly for working capital (Rs.35.55 crores), Rs.13.88 crores for plant and machinery and Rs.6 crores for investment in its subsidiary for car park projects. This project is quite interesting and has huge scalability. Only concern is whether the company would be able to exploit its potential on Pan-India basis as many other players are preparing themselves to enter into this field.



The equity of the company would rise to Rs.12 crores and topline of Rs.136 crores does not justify such an equity base as also PE multilple of close to 21 on historic earning, on fully diluted equity, at the upper band. As discussed earlier, Simplex Infra have really shown extraordinary growth in the last couple of years on topline and bottomline and share of Rs.2 face value is now ruling at Rs.375. This company is close to Rs.2,000 crore topline with tiny equity base of Rs.8.57 crores. Hence, maybe, it is trying to capitalise on Simplex.



The past performance, baring FY 07, does not attract as also its higher equity base of Rs.12 crore and lower topline volume. Regional presence is also negative. However, car park project is quite interesting. Share at upper band is definitely not worth and even at lower band is quite expensive. But still if someone wants to plunge in, can take it by considering it as chhota Simplex.

only 35rs tejash
avoid and go for Omnitech IPO premium is rs 55

Hi,
should i apply for this IPO? how much premium i will get? This will allocate at 185/- than what is the listing price?

i think this ipo is a very good,so do not miss.....................

avoid it list below

Hi, Can anyone tell the grey market premium for Simplex Projects. Should one apply to it?