Excel Infoways Limited IPO (Excel Infoways IPO) Detail

Jul 14, 2009 - Jul 17, 2009

Incorporated in 2003, Excel Infoways Ltd is an ISO 27001:2005 certified Company. Excel Infoways Limited is a leading customer contact centre providing Voice Based Services in the areas of Collections, Telemarketing and Customer Care. Excel Infoways offer a range of customer care services including outbound sales and Marketing, voice, email response, real-time chat, knowledge management, eCRM architecture.

Excel Infoways Ltd is a BPO (Business Process Outsourcing) & Customer Contact Center based in India and registered member of NASSCOM. Excel provide BPO service mostly to clients in the United States and the United Kingdom. Company presently have facility at Andheri (W) in Mumbai aggregating 150 seats and planning to set up a 300-seat facility in Mumbai at Borivali (W ) and Kandivali- Charkop in Financial Year 2009-2010.

Company Promoters:

Lakhmendra Khurana
Ranjana Khurana

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Setting up New Facilities;
2. Strategic Invesments / Joint Ventures;
3. General Corporate Purpose;
4. Issue Related Expenses.

Excel Infoways IPO Details

IPO Opening DateJul 14, 2009
IPO Closing DateJul 17, 2009
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹80 to ₹85 per equity share
Market Lot80 Shares
Min Order Quantity80 Shares
Listing AtBSE, NSE
Issue Size5,667,000 Eq Shares of ₹10
(aggregating up to ₹48.17 Cr)

Excel Infoways IPO Lot Size

The Excel Infoways IPO market lot size is 80 shares. A retail-individual investor can apply for up to 29 lots (2320 shares or ₹197,200).

ApplicationLotsSharesAmount (Cut-off)
Minimum180₹6,800
Maximum292320₹197,200
Excel Infoways Limited IPO Grading / Rating

CARE has assigned an IPO Grade 1 to Excel Infoways Limited IPO. This means as per CARE, company has Poor 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.

Excel Infoways IPO Subscription Status (Bidding Detail)

The Excel Infoways IPO is subscribed 1.97x times on Jul 17, 2009 17:00. The public issue subscribed 2.64x in the retail category, 0.49x in the QIB category, and 5.31x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

0.49x

NII

5.31x

RII

2.64x

Total

1.97x

Excel Infoways IPO Prospectus

Excel Infoways IPO Rating

75
3.4
Rating:Rated 3.4 stars

Vote Here ...

Excel Infoways IPO Listing Date

Listing DateMonday, August 3, 2009
BSE Script Code533090
NSE SymbolEXCEL
Listing InB
ISININE688J01015
IPO Price₹85 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹85.00
₹93.05
₹91.80
₹102.40
₹95.65
12,818,724
NSE
₹85.00
₹86.00
₹86.00
₹110.00
₹95.85
13,820,975

Excel Infoways IPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

Excel Infoways Limited
Excel Infoways Limited,
31-A, Laxmi Industrial Estate,
New Link Road, Andheri (W), Mumbai–400053.

Phone: + 91-22-40309898
Email: ipo@excel-infoways.com
Website: http://www.excel-infoways.com

Excel Infoways 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: eil.ipo@intimespectrum.com
Website: http://www.linkintime.co.in

Excel Infoways IPO FAQs

  1. What is Excel Infoways IPO?

    Excel Infoways IPO is a main-board IPO of 5,667,000 equity shares of the face value of ₹10 aggregating up to ₹48.17 Crores. The issue is priced at ₹80 to ₹85 per equity share. The minimum order quantity is 80 Shares.

    The IPO opens on Jul 14, 2009, and closes on Jul 17, 2009.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Excel Infoways IPO will open?

    The Excel Infoways IPO opens on Jul 14, 2009 and closes on Jul 17, 2009.

  3. What is the lot size of Excel Infoways IPO?

    Excel Infoways IPO lot size is 80 Shares and the minimum order quantity is 80 Shares.

  4. How to apply for Excel Infoways IPO?

    You can apply in Excel Infoways 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.

  5. When Excel Infoways IPO allotment?

    The finalization of Basis of Allotment for Excel Infoways IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Excel Infoways IPO allotment status.

  6. When is Excel Infoways IPO listing date?

    The Excel Infoways IPO listing date is on Monday, August 3, 2009.

Excel Infoways IPO Message Board

Ranked Members  Ranked Members

Loading...
53. rama |Sep 14, 2009 14:25
Sell this stock.
52. venkat |Aug 3, 2009 12:16
hi ,
i applied for execlinfo IPo , i got the messages , the shares is allocated to my iil demat account, but it is not showing , can u give me suggetions , who is the contact person .

Venkat
51. IPOKING |Aug 2, 2009 17:49
LISTING AT -(90 TO 95)
DAYS HIGHEST- 101
DAYS LOWEST- 72
CLOSING AT -(80-85)
50. Nishith & Utsav Sanghvi |Aug 2, 2009 11:39
It will List above 150.
49. shihan shah |Aug 1, 2009 17:17
how many shares hv been alloted to those who has given full application..
48. Vikas Kukreja |Aug 1, 2009 14:31
The closing price on the date of lisitng will be 150+.
47. DV INVESTMENT |Jul 31, 2009 21:29
Excel Infoways IPO Listing Date at August 3, 2009 @ Issue Price : 85 Listing: BSE, NSE ISIN:INE688J01015
46. CA NITIN |Jul 31, 2009 04:30
why not co gave the information abt the year 2009????
any reason behind it????
pls not tell......due to non audited///////
45. vishy |Jul 30, 2009 15:06
got 680 shares on full application....got refund also yesterday..
44. Sunit Sethia |Jul 30, 2009 08:55
Excel will list on Monday 3rd Aug.
43. rama |Jul 18, 2009 12:58
If anybody have applied to this IPO, flip the shares on the day of listing. Take your gains and then go for sleep.
Disclosure: I have not applied for this IPO.
Rama
42. sebi |Jul 17, 2009 21:21
all the retail bidder will get full share because co itself have applied for lots of application to subscribe the issue.
41. vishy |Jul 17, 2009 21:10
This IPO going to hit the market with Bumper Listing!!!
40. MUKESH MUNNA |Jul 17, 2009 18:07
Finally Beeding closed
Retail 2.40 (aprox) times subscribed.
39. JONTY |Jul 17, 2009 11:36
TODAY IS LAST DATE BUT I AM SURE THAT IT WILL NOT BE FULLY SUBSCRIBED & PROMOTERS WILL BE FORCED TO REDUCE THE PRICE BAND OR MAY WITHDRAW IPO...
DON'T APPLY...

See what happened to Mahindra...It is Mahindara though because of high valuation it is not performing good so think what will happen to Excelway.... instead wait for Adani power, NHPC,Oil India..
38. marketnews |Jul 15, 2009 18:48
Subscription:

FII/DII/MF = 0.0000 %
HNI = 0.3875 %
RETAIL = 0.1263 %

Overall = 0.1023 %

I think Company itself is applying for it's own IPO...& Whoever has applied they will withdraw application last day or will do sto payment..
37. BigBulls |Jul 15, 2009 18:35
The Adani Power IPO would be one of the biggest IPOs in the power space that will hit the market after a long time. This is the second time they are approaching the market. CNBC-TV18’s Varinder Bansal learns from sources that the IPO would open on the July 28 and closing on July31. The price range which is being talked is Rs 100-110; that means the company will be raising anywhere between Rs 3,300 to 3,700 crore if this price range is to be believed.

Here is a verbatim transcript of the exclusive interview with Varinder Bansal on CNBC-TV18. Also watch the accompanying video.

One risk which is associated with this company is that the total operational capacity which the company is planning is around 9,900 MW but only 330-350 MW which is operational. So there is no operational, no financial history to go by this company meaning you don’t have any numbers where you can base the pricing of this company. Also if you see the debt equity in the power company it is around 3.5-4 times, in the company itself there is an equity around Rs 6,000 crore (six thousand crore) and debt of nearly Rs 22,000 crore (twenty-two thousand crore) and so you are dealing with high debt-equity in this company.

The funding is needed for Mundra and Tiroda Power projects of which only 330 MW is operational. It is also important to note that 33% of promoter holding is pledged with ICICI Bank, which means around 54 crore shares out of 153 crore shares is pledged.

The Pre IPO placement was done to 3i at a price of nearly Rs 47 per share and that was done in April 2008, so the pre IPO placement of Rs 47 per share and now the company is looking anywhere between Rs 100-110 per share.

One stock which has been highly buzzing on back of this Adani Power IPO is Adani Enterprise which is a listed entity and that is because Adani Enterprise holds nearly 153 crore shares in Adani Power, which is going to be coming up with an IPO. If you just assume Rs 100 the total value of that stake in Adani Power comes to around Rs 15,300 crore (fifteen thousand three hundred crore) and if we count Rs 110 per share then it goes to Rs 16,800 crore and that is the reason you are seeing the push in Adani Enterprise and the stock is in upper circuit today.


Moneycontrol
36. IPO KING |Jul 14, 2009 19:39
ADANI POWER KA IPO 27 JULY KO OPEN HOGA AUR 31 JULY KO BAND HOGA
110-120 PRICE BAND HAI,
DOSTO ISME APNE MONEY INVEST KARNA LAKIN IS MAHA CHOR COMPANY
ME KABHI BHI INVEST MAT KARNA,,,,,,,,LOOOT JAOGE,,,,
35. Anonymous |Jul 14, 2009 19:23
Do not even touch this share. All figures are fabricated. No one in BPO industry can maintain 50%+ profits. All family members or bureaucrats with no experience are listed as the core team members.
34. Bunty |Jul 14, 2009 17:42
yeh company toh chor lagti hai. Just check out the website ..all directors are inexperienced and shakal se hi chor dikhte hai. Dont subscribe to this IPO...
You will surely loose money if you invest in this IPO







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