Euro Multivision Limited IPO (Euro Multivision IPO) Detail

Sep 22, 2009 - Sep 24, 2009

Incorporated in 2004, Euro Multivision Limited (EML) is the second largest company engaged in the manufacturing of CD and DVD's. EML's manufacturing unit is situated at Taluka Bhachau, Kutch, Gujarat.

Company started with set up a plant for the manufacture of Compact Disc Recordables (CDRs) and Digital Versatile Disc Recordables (DVDRs). In 2005, Company added five manufacturing lines having an installed capacity of 720 Lac units of CDRs and 72 Lac units of DVDRs a year. In the year of 2006-07 company expanded the capacity by adding another 5 manufacturing lines with total installed capacity of CDRs to 1800 Lac units a year. These 10 manufacturing lines are interchangeable and convertible to manufacture DVDR and also compatible for manufacturing of pre recorded CD's and DVD's. EML is a part of EURO group which was promoted by Shri Nenshi Shah.

Company is planning to make an entry into the Photovoltaic business by manufacturing solar cells used for generation of electrical energy with a capacity of 40MW per year at a total cost of Rs.16756 lacs. Company is propose to set up this photovoltaic plant in a Special Economic Zone (SEZ). EML has already acquired 28.75 acres of land for setting up the SEZ adjacent to the existing manufacturing unit at Bhachau, Kutch, Gujarat.

Company Promoters:

Euro Multivision is promoted by three entrepreneurs:

1. Mr. Nenshi Shah - is the Non Executive Chairman and key founder of Company. He has also been a pioneer for few of other Group Companies like Euro ceramics Limited, Euro Merchandise (India) Limited, Subhnen Ply Private Limited etc. He was also the Chairman of Indian Council of Ceramic Tiles & Sanitary ware (ICCTAS) till July 2009.

2. Mr. Rayshi Shah - is the Non�Executive Director of Company. He is presently running a unit for manufacturing of household Plastic items and is marketing its product under the name of 'Paras Plastics'. He is also a promoter for Paras Ployplast Manufacturing Private limited.

3. Mr. Suresh Shah - is the Executive Director of Company. He has established renowned retail outlets in various parts of Mumbai by the name 'Rangoli'. He is responsible for all marketing activites of company such as the identification of markets, expansion of product market, brand building, introduction of new product range.

Company Financials:

Particulars	For the year/period ended (Rs. in lacs)
	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	7,357.43	9,035.84	5,893.13	4,476.45
Profit After Tax (PAT)	183.74	974.80	640.74	(128.69)

Objects of the Issue:

The objects of the Issue are:
1. To setup photovoltaic solar cell manufacturing unit;
2. Listing of securities on Stock Exchanges;
3. General Corporate Purposes.

Euro Multivision IPO Details

IPO Opening Date	Sep 22, 2009
IPO Closing Date	Sep 24, 2009
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹70 to ₹75 per equity share
Market Lot	90 Shares
Min Order Quantity	90 Shares
Listing At	BSE, NSE
Issue Size	8,800,000 Eq Shares of ₹10 (aggregating up to ₹66.00 Cr)

Euro Multivision IPO Lot Size

The Euro Multivision IPO market lot size is 90 shares. A retail-individual investor can apply for up to 29 lots (2610 shares or ₹195,750).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	90	₹6,750
Maximum	29	2610	₹195,750

Euro Multivision Limited IPO Grading / Rating

CARE has assigned an IPO Grade 3 to Euro Multivision Limited IPO. This means as per CARE, company has average fundamentals. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Link to download CARE rating document.

Euro Multivision IPO Subscription Status (Bidding Detail)

The Euro Multivision IPO is subscribed 1.81x times on Sep 24, 2009 17:00. The public issue subscribed 1.89x in the retail category, 1.23x in the QIB category, and 3.78x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	1.23x
NII	3.78x
RII	1.89x
Employee	0.31x
Total	1.81x

Euro Multivision IPO Prospectus

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› Euro Multivision IPO Application Form Download

Euro Multivision IPO Rating

108

3.1

Rating:

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Euro Multivision IPO Listing Date

Listing Date	Thursday, October 15, 2009
BSE Script Code	533109
NSE Symbol	EUROMULTI
Listing In	B
ISIN	INE063J01011
IPO Price	₹75 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹75.00
₹70.00
₹51.60
₹80.90
₹53.20
20,729,385

NSE
₹75.00
₹75.00
₹51.65
₹80.70
₹53.55
21,536,334

Euro Multivision IPO Reviews / Ratings

SPA Financial Advisor Ltd - Avoid

Company Contact Information

Euro Multivision Limited
Boston House Ground Floor,
Near Cinemagic Theatre, Suren Road,
Chakala, Andheri (E), Mumbai

Phone: 91-22-40364036
Email: info@euromultivision.com
Website: http://www.euromultivision.com

Euro Multivision IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: eml@rathi.com
Website: http://www.linkintime.co.in

Euro Multivision IPO Lead Manager(s)

Anand Rathi Securities Limited

Lead Manager Reports

Euro Multivision IPO FAQs

What is Euro Multivision IPO?

Euro Multivision IPO is a main-board IPO of 8,800,000 equity shares of the face value of ₹10 aggregating up to ₹66.00 Crores. The issue is priced at ₹70 to ₹75 per equity share. The minimum order quantity is 90 Shares.

The IPO opens on Sep 22, 2009, and closes on Sep 24, 2009.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Euro Multivision IPO will open?

The Euro Multivision IPO opens on Sep 22, 2009 and closes on Sep 24, 2009.
What is the lot size of Euro Multivision IPO?

Euro Multivision IPO lot size is 90 Shares and the minimum order quantity is 90 Shares.
How to apply for Euro Multivision IPO?

You can apply in Euro Multivision IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Euro Multivision IPO allotment?

The finalization of Basis of Allotment for Euro Multivision IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Euro Multivision IPO allotment status.
When is Euro Multivision IPO listing date?

The Euro Multivision IPO listing date is on Thursday, October 15, 2009.

Euro Multivision IPO Message Board

Ranked Members

112. Idiot |Dec 16, 2009 17:48

Good......... buy it......it will go up very soon..its insider information...

111. Dr.Rajeshjainhuf |Nov 1, 2009 18:05

Dear sir,
i have recd. refund slip having fefund order no.500373 dated 7/10/2009, amt.Rs.39000.00 cedited through ecs in my bank.
unfortunately ecs is not credited to bank till date.
Euromultivision pvt.ltd ipo.
app no.3472597

110. Ravi, Bangalore |Oct 31, 2009 15:08

Euro Multivision 31.7- Target 29, 17, 15 Stop-Loss 48 in two weeks based on technical analysis.

Fundamentally its value is Rs.40. As such, long-term investors can ACCUMULATE in small lots below 27.

109. sanjeev |Oct 27, 2009 10:51

euro multivision directors pls take urs share high with in 1 month.i am having too much loss.in short month period .touch 72 price or give bonus to retail investors like.me give 1 to 1 bonus of shares to retail investors.to cover the loss.

108. Ravi, Bangalore |Oct 20, 2009 15:23

It is fully valued at Rs.40 (if not over-valued).

Long-term investors could wait for correction and ACCUMULATE in small lots in Rs.27 to Rs.9 area.

Expect to cross all-time high of 80.7 in 2 - 3 years.

107. Raj |Oct 20, 2009 15:14

@105 Rama.
Thx. Done that already.

I generally wait for refund until the listing date. I started to worry only when I had not received the refund even after listing.

reg
raj

106. RAMA |Oct 20, 2009 15:10

@105: RAJ
You should write to registrar to the issue with application No to know about your refund.

105. Raj |Oct 20, 2009 14:02

@104 Rama
your so kind Rama. Please send it at the earliest.

Was it so difficult to understand? I was just trying to find out if it was only me who has not got the refund.

All you had to reply was "yes I have received my refund on so and so date" if you have received ur refund.

btb, the question still remains unanswered.

reg
raj

104. Rama |Oct 20, 2009 12:54

103.Raj

Thank you for posting your message requesting for the refund.
We will send your refund at the earliest.

103. Raj |Oct 19, 2009 19:18

WHERE IS MY REFUND!!!
Anyone, Anyword on REFUND would be appreciated. I haven't got the refund yet. Was the refund through ECS? Or was it through cheque? Has anyone got their refund?

reg
raj

102. rama |Oct 19, 2009 15:41

Now one can buy euro multivision with a 1 yeard target of 75-95. Next year EPS according to the management will be 10-12, so PE multiple would be around 6-10. SO it can trade at 72-130 range.

101. IPO Analyst |Oct 18, 2009 21:03

Hi justis,
First u get educated and improve ur self then only u should blame to others.

100. justis |Oct 18, 2009 11:17

oweners are uneducated.shares may down below face value.

99. Rajesh |Oct 18, 2009 10:05

It will touch Rs 60 shortly

98. prakashipo |Oct 17, 2009 21:12

dear omega,in that sense u r absolutely right .retail investor should not even think of this type of script..because over all we,retail investor r really looser..happy dipavli and happy prosprous new year to you all retail investor....

97. omega |Oct 17, 2009 20:53

Hi! prakashipo

Happy diwali to you,

i did not intend to tell people to buy euro vision . i wanted to tell that stay away from short sell and yes invet in a company with a good back ground history and good returns ..

i invet in good names may be even small like a biscuit company a rubber, plastic , textile manufacturing but never short sell (short sell is pure gamble)

96. omega |Oct 17, 2009 20:48

At post closing the euro multivision is at 44.55 in nse and 44.20 in bse , still a 4% gain from previous close.

also there are some 247995 quantity asking (buy)

now these are all those who are stuck in the short sell position ,

i never short sell , it always good to purchase little share at time and wait for good returns.

never short sell.. buy but what you can keep it for a long time...

happy diwali again..

95. prakashipo |Oct 17, 2009 20:43

dear omega,sun may come may go. rain may come ,may not come,one thing is sure like euro tiles this euro multivision wwill not touch its issue priceof 75...are bhai you dont know inside story..maal ghar per pahunch gaya..duniya jaye bhad mein...this ais called ...EURO GROUP..

94. omega |Oct 17, 2009 20:25

hey today euro multivision perfmoed well, % gain 7.47%
open:40.80
close:46.05
previous close: 42.85
high:47.50
low:38.55
volume:4598673

i think a lot of people had short sell in this stock , and now they are stuck with it.

trust me one doesnot need to me too educated to start a good company, most of the ideas(great) ideas are with people who work from basic.

this are my views and yes when the petrol and rains are not on time , guess what is left to harvest the energy .
one nuclear power and other sun.

there is going to a future with soalr power vehicles...
may be even solar power Mobile phone..

any ways ..you think.. for me a long time and yes(a decade ) invest in a new techonlogy at a discounted premium price is always good... at least i can ask for a solar panel if my stock is not perfmoing well ...

happy diwali

93. Ravi, Bangalore |Oct 17, 2009 20:21

92. Mad,

First you SELL & then BUY back. That is called short-selling. Nothing special about it.

You should square-off on same day itself. You cannot carry position to next trading session.

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