Sudar Garments Ltd IPO Message Board (Page 2)

23.2.2011- subscription fig (nse+bse)
QIB-0.14 times
NII-3.14 times
RII-0.42 times
Total-0.73 times
Last date 24.2.2011

sbi bond

बैंक के विकल्प पर अवशिष्ट शेल्फ सीमा (10, 000 करोड़ रुपए) ही.

9.95% interest from SBI Bonds - Issue Opens on 21 Feb 20119.95% interest from SBI Bonds - Issue Opens on 21 Feb 2011

State Bank of India has come out with their Lower Tier II Bonds for Rs.2,000 Crores with Rs.1000 Crores reserved for retail investors.

In case of oversubscription under retail category, oversubscription will be retained up to the residual shelf limit ( Rs.10,000 Crores ) ONLY at the option of the Bank.

Allotment on First Come First Serve basis. Other issue details :
------------------------
Minimum investment Rs.10,000/- and in multiples of Rs.10,000/-.
Maximum investment under retail category Rs. 5,00,000/-.
9.95% annual interest for 15 years Bonds & 9.75% annual interest for 10 years Bonds.
NO TDS on interest, whatever may be the investment amount.
Call option after 10 years for 15 years Bonds & after 5 years for 10 years Bonds.
Demat account is must as allotment is ONLY in Dematerialised form.
Credit rating - CRISIL "AAA/Stable" by CRISIL & "CARE AAA" by CARE.
Listing in NSE & BSE to ensure liquidity.

Day-2 nse+bse
QIB-0 times
NII-2.97 times
RII-0.23 times
Total=0.53 times

Sudar Garments- Sub details- nse+bse- 1st day
QIB-0%
NII-207% (2 times)
RII-21%
Total=38%

Its a bogus company.The details provided are all rubbish.

sudar garment ko udhaar dene se apna uddhaar nahi hoga apna gujara muskil ho jayaga it may list below offer price

it is better to be away fron primary market i e ipo you may park your money in sbi bonds

hi all, can anybody tell me about sbi bonds? means how it works? wat the time duration is?

friends- what I suggest is lets wait and watch till the last hr of the last day (1.00 PM). If QIB and HNI are oversubscribed to around 7-8 times, then will go- this is my view

Friends- Karvy sent one analysis to my mail id for Sudar which looks attractive but crisil has assigned 1/5 (poor funda), blood bath in Omkar- dont know whether to go ahead or not.

what u people are doing ? Is it ok to shoot or to simply forget

ipo raja & shreedhar ji sudar garment ka ipo kesa lagata he subscribe karna chaiye or listing primium ya discount me hoga or issue kesa lag raha he

MUST KNOW Facts:
1.Issue Size: Rs. 65.43 - 69.98 Crore

2.RS.14 crore will be spent for purchase of plant and machinery

3.RS.3.5 crore will be spent for Engaging Celebrity as Brand Ambassador and existing brand “Glory to Glory” is only registered but proposed
brands ‘St. Paul’ & ‘Majesty’ are not yet registered.

4. Rs.1.8 crore for setting up 25 Retail Outlets in major cities of South India (10 retail outlets on leased premises and balance 15 retail outlets proposed to be operated on a franchisee basis).

5.No experience in Retail business and outlets.

6. Company has a negative cash flow in the past years
Cash Flow from 2006 2007 2008 2009 2010
Operating activities (71.77) (129.04) 15.75 104.34 (117.45)
Cash Flow from
Investing activities 6.19 6.12 (951.53) (842.01) (1,435.00)

7.Share Allotment in F.Y 2010
On 15/03/2010 To Promoter Group
1)Mr. Murugan Muthiah Thevar 32,26,900 shares as Bonus in the ratio of 4:1
2)Mrs.Valliammal Murugan Thevar 3,69,000 shares as Bonus in the ratio of 4:1

ON 31/03/2010 TO
1)Mr. Murugan Muthiah Thevar 38,39,000 shares @ 20/each
2)Mr. Santosh Ingle 1,87,500 Shares @ 20/each
3)Mr. Ramesh Thevar 1,87,500 Shares @ 20/each
4)Mr. Ganesh Bhat 50 shares @ 20/each
5)Mr. Guruprasad Kudva 50 Shares @ 20/each
6)Finaventure Advisory Services(Ind) Ltd 7,50,000 Shares @ 20/each
Note: 4,5 & 6 were Non-Promoters Groups...
The average cost of acquisition of Equity Shares by Promoter i.e.Mr. Murugan Muthiah Thevar is Rs.14.72/Share

8.Company has a Secured Loan of Rs25.43 Crore, Borrowed from Banks, charged over the Assets of the company.

9.Unsecured loan of Rs.3.63 crore, Which is Repayable on Demand

10.Employs 645 Employees (610 on contract Basis).

11. Registered office is working in an licensed Premises, license Expires on 17/1/2012

12.Company has insured it Various Assets for 29.37 crore.

13.Book value of the Shares of the company is Rs.20.41

14.Total No of Shares
Pre issue - 94,58,975 Shares
Post Issue - 1,85,46,975 Shares

15.Equity Share Capitals for Year Ended (In lakhs)
2006 - 43
2007 - 43
2008 - 89.90
2009 - 89.90
2010 - 945.90

Note: All Above informations were As on 31/03/2010


...[)(/R@!....

Net Profit as restated (Rs. in Lacs) 411.26

Equity Share Capital 945.90
Reserves and Surplus 985.05
Particulars Pre Issue as at March 31, 2010

Avoid.....
Avoid.....
Avoid.....
Issue on fundamental Basis.....

Will update about the details very soon....

Acropetal Technologies IPO opens on Feb 21, 2011

Dear Handsome brother Natarajan Sir has got a son of our age(Sorry KK for disclosing it).So thats why he said Durai & Sreedhar will laugh at your mentioning him as same age as Durai & he has not meant any offence.
Regarding Child prodigy Durai has already explained the meaning to you.
Hope you can understand & continue posting

Hello everybody,
can any one tell the price band and market lot size of sudar garment?

@ KK,

Ya kK, he should be a south indian...