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Timbor Home Limited IPO Message Board (Page 6)

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Pratik Bhatt
5. Pratik Bhatt |   Link | May 25, 2011 9:46:56 AM
Timbor Home Ltd







Issue Details



· Company is coming up with an IPO and to offer 36,90,000 EQUITY SHARES OF RS.10/- EACH.

· Issue will constitute 25% of post-issue paid up capital.





Total number of share post issue : 1,47,56,580



Marketcap Scenarios





At a P/E OF 6 Price : 19/share Mcap = 28.03 Cr
At a P/E OF 9 Price= 28.5/share Mcap = 42 cr
At a P/E OF 12 Price : 38/share Mcap = 56 Cr
At a P/E OF 15 Price : 47.5/share Mcap = 70 Cr




Preferential Allotment



Preferential Allotment

Company
Allotment
Rate
Bonus(1:1)
Bonus(1:4) Total Share
Total Shares
Percent
Effective Rate/Share

Bennett,Colman & co
2346316
10
NA
586579
2932895
26.5
8

Writers & Publishers Ltd
111111
10
111111
55555
277780
2.51
4

Brand Equity Treaties Ltd
273470
21.31
NA
68368
341840
3.09
17.05






From 2009 to 2011 compnay has made preferential allotment to 3 major companies which includes Bennett & Colman,Writers and Publishers Ltd and Brand and Equity Treaties Ltd.


Promoter Holding post issue : 63.26% (70 Lacs Share)


Only 20% of total paid-up equity(Promoter Group) will be in Lock in period after IPO .So there will be pricing pressure on the day of listing .


· As on 30-sep-2008 company’s total number of shares were only 20 Lacs which has increased to 1.1 cr through further allotment and Two Bonus issue in 2009 and 2010.







Risks



· Promoter Company M/s. Maloo Building Material Pvt. Ltd. Continuously in losses.





Industry Comparison







Do not apply
GOOD BROKER
4. GOOD BROKER |   Link | May 24, 2011 9:15:35 PM
with out reading the issue contents price of the shares just make comments that it is vasvani because it is grade 1
Gane
3. Gane |   Link | May 24, 2011 6:09:56 PM
Top Contributor Top Contributor (400+ Posts)
Another Vaswani..

Beware..

Gane.
Durai Raj,Tirupur
2. Durai Raj,Tirupur |   Link | May 24, 2011 5:56:07 PM
Top Contributor Top Contributor (300+ Posts)
Grade 1 IPO....
ARCHIT SHAH
1. ARCHIT SHAH |   Link | May 24, 2011 5:44:31 PM
any view?