Indosolar Ltd IPO Message Board (Page 31)

Greymarket for Indosolar is 2.50-3.00, Kostak-1800.

@ sj Thanks

if any news that can make profits so please share for borders

Thanks
BJ

BJ

go to bseindia dot com website and search dabur

You will find latest news there

How can give details of every thing

It is tough to remember


100s of companies come out with Bonus right split dividend announcement

How are we supposed to know and remember each of them

Just go to this website you will get info

@ravi, shreedar,sj, gem can u have any information on dabur as announced bones share. by what time it will decide. if u know please share............

This is a brokerage report i came out about Indo Solar. Same as per my analysis

That Moser BAER AND WEBEL SL ARE BETTER BETS ON SOLAR ENERGY THAN Indosolar

Indosolar Ltd. is engaged in the manufacturing of solar photovoltaic (SPV) cells from crystalline silicon wafers, used for converting sunlight directly into electricity.
The company markets the products primarily to module manufacturers on a business-to- business platform, who in turn supply to the system integrators who install the
systems for grid and off-grid(roof top) applications for use in the domestic market.

Indosolar has state-of-the art manufacturing facility in Noida, commissioned on a turnkey basis by Schmid, one of the leading global technology providers.

RENEWABLE ENERGY - SOLAR POWER


Solar power worldwide has become a popular resource for renewable energy. The increase in its popularity is reflected by the increase in total annual production of crystalline silicon cells and thin film PV cells to a consolidated level of 6,854 MW in 2008, six times the level in 2004 and representing a compounded growth of almost 56.00% p.a. since 2004. Demand from countries such as Spain, Germany, South Korea, Italy and United States was, to a great extent responsible for the spectacular growth. In 2008, there were seven markets delivering more than 100 MW of market demand, with Germany and Spain accounting for 73.00% of the world market.

Jawaharlal Nehru National Solar Mission

The objective of the Solar Mission is to establish India as a global leader in solar energy, by creating the policy conditions for its diffusion across the country as quickly as possible.


MATTERS OF CONCERN:

The company has limited operational history. Inexperienced promoters.
The company has accumulated loss on its balance sheet.
Auditors of the company have qualified the accounts, in respect of non-remittance of statutory dues. Corporate governance has much to be desired.
The company has experienced cost and time over-run in the past.
5. Reduction or elimination of government subsidies and economic incentives could cause demand for the products to decline.

6. The market for SPV cells is intensely competitive.
7. The NAV of the company's shares is less than the face value.

According to CRISIL, which has graded the IPO, that the technology for manufacturing SPV (solar photovoltaic) cells is still evolving and, therefore, carries the risk of obsolescence for existing players including Indosolar. The company also has no prior experience in the Solar PV cells business and is expected to face competition from large and established players. Further, the grading takes into consideration the fact that the growth of the solar industry would depend entirely on governmental support as the cost of power generation currently is very high and the solar industry would take several years to achieve grid parity (cost of generation).

How efficient is solar energy technology

Commercial solar cells, most often made from silicon, typically convert sunlight into electricity with an efficiency of only 10 – 20%, although some test cells do a little better. Given their manufacturing costs, modules of today’s cells incorporated in the power grid would produce electricity at a cost roughly 3 - 4 times higher than current prices. Break through in technology is required, to produce electricity at rates comparable to conventional methods.


VALUATION:

Currently, the company has 160 MWp capacity with an average efficiency rating of 16+% peaking at 17.2%. Production capacity is to be expanded to 260 MWp by end of 2011 fiscal year. So they are asking for 1.5 times valuation to megawatss and 3 times book value.


"Moser baer the leader quoting at 0.65 times book value and 0.5 times megawatts is a better bet."


For the FY 10, the total revenue recorded by the company is Rs131.48cr and a net loss of Rs 66.21cr.

The company should have consolidated its operation before going in for expansion. The company’s past history nor the industry it is in justify the premium sought. During this time last year, EURO Multivision, a company that manufactures Photovoltaic Solar cells, issued shares in the price band of Rs70-75. The shares are now quoting around Rs32/-

INVESTORS ARE ADVISED TO STAY AWAY FROM THE ISSUE.

HI,SHREEDHERBHAI

SIR,,ITNE SARE IPO SARE SEP MONTH MEHI ???
FUND KI PROBLEM HO JAYGI.....KOUNSE BHARNE JAISE HAI???
INDO SOLAR APPLY KARNA CHAHIYE????

PLEASE REPLY SIR...........

PRINCEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

confussion about the issue

tirupati ink is opening on 14/9/10 closing on 17.09.10
price band 41-43 issue size 51 crore

as per nse website there no entended date for retail investor, i.e. the issue will close the same day for QIB and others, Why

NO BUYER OF INDO SOLAR

NO BUYER OF INDO SOLAR

see the link

http://www.rrfinance.com/pdf_files/indosolar.pdf

Guys,
I just learnt from cnbc awaaz, that 5 ipos are opening next week !!!
Vatech,microsec,career point and ofcourse indosolar,eros.

PLEASE CURENT MARKET PRICE FOR INDOSOLAR LIMITED

buy shreashtha on monday..dabbanng..a huge hit...the bang effect..will get to see on monday and coming days..sureshot Rs:30-35 in short term..wat say boarders...pls comment

Investment in Indosolar will be good because the company's business model is B2B; means business to business. The company will grow fast if management is competitive.

INVESTMET IN INDOSOLAR IPO ITS GOOG IPO FOR LISTING GAIM IT MAY BE LIST AROUND 40+ SURE ANAND RATHI

Enam jiska lead manager ban jay uski ma bahen 1 kar dayta ha, india bull power ko dekh lo ,compay say enam pany kay chakar may investor ko bhangi bana dayta hi.

Dear all frnds

I suggest all to read the prospectus filled with SEBI by this company......

After ready that u will know the past history, the experience of the company, its zero operating activity, rick factors.....

i strongly believe that one must read the prospectus 1st before investing.

Rgds
CA Nitin Agrawal

solar kotak 1700 only seller no buyrs totally fail and avoid