MIC Electronics Limited IPO Message Board (Page 13)

hi all
gud news for all the investors of MIC ELECTRONICS LTD

issue is subscribed 33.56 times till now

hi all
gud news for all the investors of MIC ELECTRONICS LTD

issue is subscribed 26.34 times

Its good to see the oversubscription rate of above 16. it will reach 25 by the end of the day. But the only worry is that it shouldn't be listing at the time of may crash of market (May month factor).

hi all
gud news for all the investors of MIC ELECTRONICS LTD

issue is subscribed 16.83 times

Hi Varni,

Apply Immediately.... its already over subscribed by more than 10 times

hi all
gud news for all the investors of MIC ELECTRONICS LTD

issue is subscribed 10.30 times

Hi All,

Final day of MIC Electronics Issue.

What is the Final recommendation please?? SUBSCRIBE OR NOT TO SUBSCRIBE.

Time is running out.

THe issue Size is very very small. Think twice before applying. Other good issues are in the pipeline. Hold your money and apply for them.

In this issue getting allottments will be difficult. Better to invest in others I think.. I have not got any shares in case of ICRA in 4 application. So for 4 lakhs 15 days would jhave got atleast 3000/ in bank FD safely.

go forthe issue the promoters relatives are in rajya sabha.

further the telecom sector is booming ,
company is in niche sector of leds display, communications for defence sector.
it has acquired a company in us and plans are to financeit
comparable peer at p/e of 40 .

Best Buys Now
1)Buy Cinemax CMP 142 Will reach 200 in 2 weeks .Huge demand seen as Kankaria has bought many shares of it.Similar in lines with Pyramid SAIMIRA.HUge intereset seen in both Cinemax and Inox leisur
2) Sobha developer: Results and dividend on 14th May.
Have huge profit this quarter and added good clients like
dell Target 1400
3) Parsvnath Developers target 750 in 1 year best among construction .huge orders been completed soon.
4) shivalik global- orders from Mango,marks and spencers.
this stock will get into constant upper cicuit filters soon.buy in huge quantities
5) tata tele- This will give turnaround results this time.
may be some profits too
6) cairn energy- definitely is the most cheapest stock available in market.JP Morgan and citigroup to buy 5% more stake.Target 200 although a risky bet
Other good stocks power finance and first source

ISSUE Description
Company Background
MIC Electronics began its operations in 1988. Its business is broadly divided into Media, Infotech & Communications & Electronics. The Media group is primarily responsible for the development, production and sales of video displays, text, graphic animation displays and display services including lease/rental of LED video walls etc. The infotech group provides telecom software solutions in areas of telecom network management, Telecom Switch Access and Computer Telephony domains. The communication & electronics group has diversified products including the Digital Loop Carrier (DLC) on optical fibre on Synchronous Digital Hierarchy (SDH) Ring, broadband DLC for triple play (voice/video/data) applications, Code Division Multiple Access (CDMA) / Global System for Mobile Communication (GSM) based Wireless in Local Loop (WLL) terminals and phones, Hand Held Computers (HHC) with in-built GSM/CDMA modems.

Objects of the Issue:
a) Setting up additional facility for manufacture of LED Video Modules b) Investment in LED video display systems to be used for rental/leasing business c) Investment in design & development of 3D stereoscopic displays d) Investment in market development e) For acquisition of Infostep Inc USA

Key Financials for year ended March 31, 2006
Revenue Rs 1013.94 Mn PAT Rs.154.76 Mn
EPS Rs.18.17 NAV (Rs.) 55.09
RoNW % 31.57



Recommendation

MICELs main area of focus is outdoor LED displays. The ad spend on outdoors advertising is increasing. This combined with growth of LED display market ( for both outright purchase as well as rentals) is growing. In its other business segment telecom segment, the telecom service providers are increasing their spend. Thus MICEL is poised to capitalize its expertise in high growth markets. Apply aggressively for listing gains.



manish dadhich 9414817400

Hi Guys,

I just wanted to know as to how much should I be investing in order to get a substantial amount of shraes in the
MIC IPO.

The subscription figures at 5.00 p.m. are as follows

Total Issue Size 5100000
Total Bids Received 6481350
Total Bids Received at Cut-off Price 254880
No. of times issue is subscribed 1.27

The business model of the co. is very good.
shares offered at very attractive pe

as per my calculation it will be subscribed at least 20 times in retail and overall 30 times

i suggest all the fellow boarders to apply in this ipo to earn good listing gains

FOR THE INFORMATION OF FELLOW BOARDERS

CURRENT PUBLIC ISSUES

Company Name MIC ELECTRONICS LTD.
BookBuilding/Fixed Price BookBuilding
Opening Date 30/04/2007
Earliest Closing Date 08/05/2007
Instrument (1) EQUITY
Issue Price (1) 129.00
Issue Amount (Rs.lacs) 6579.00
Listing at BOM
NSE

Lead Managers EDELWEISS CAPITAL LTD.,MUMBAI

Registrars INTIME SPECTRUM REGISTRY LTD.,MUMBAI


--------------------------------------------------------------------------------


Company Name BINANI CEMENT LTD.
BookBuilding/Fixed Price BookBuilding
Opening Date 07/05/2007
Earliest Closing Date 10/05/2007
Instrument (1) EQUITY
Issue Price (1) 75.00
Issue Amount (Rs.lacs) 15375.00
Listing at NSE
BOM

Lead Managers ICICI SECURITIES LTD.,MUMBAI
JP MORGAN INDIA PVT.LTD.,MUMBAI

Registrars BIGSHARE SERVICES PVT.LTD.,MUMBAI


--------------------------------------------------------------------------------



Company Name INSECTICIDES (INDIA) LTD.
BookBuilding/Fixed Price BookBuilding
Opening Date 07/05/2007
Earliest Closing Date 11/05/2007
Instrument (1) EQUITY
Issue Price (1) 97.00
Issue Amount (Rs.lacs) 3113.70
Listing at BOM
NSE

Lead Managers UTI SECURITIES LTD.,MUMBAI

Registrars ALANKIT ASSIGNMENTS LTD.,NEW DELHI


--------------------------------------------------------------------------------



Company Name GLORY POLYFILMS LTD.
BookBuilding/Fixed Price Fixed Price
Opening Date 09/05/2007
Earliest Closing Date 15/05/2007
Instrument (1) EQUITY
Issue Price (1) 48.00
Issue Amount (Rs.lacs) 3945.60
Listing at BOM
NSE

Lead Managers SREI CAPITAL MARKETS LTD.,KOLKATA

Registrars BIGSHARE SERVICES PVT.LTD.,MUMBAI


--------------------------------------------------------------------------------



Company Name ASAHI SONGWON COLORS LTD.
BookBuilding/Fixed Price BookBuilding
Opening Date 09/05/2007
Earliest Closing Date 15/05/2007
Instrument (1) EQUITY
Issue Price (1) 90.00
Issue Amount (Rs.lacs) 3350.00
Listing at BOM

Lead Managers FORTUNE FINANCIAL SERVICES (INDIA) LTD.,MUMBAI

Registrars INTIME SPECTRUM REGISTRY LTD.,MUMBAI


--------------------------------------------------------------------------------



Company Name NITIN FIRE PROTECTION INDUSTRIES LTD.
BookBuilding/Fixed Price BookBuilding
Opening Date 15/05/2007
Earliest Closing Date 18/05/2007
Instrument (1) EQUITY
Issue Price (1) 171.00
Issue Amount (Rs.lacs) 6583.50
Listing at BOM
NSE

Lead Managers KARVY INVESTOR SERVICES LTD.,HYDERABAD
UTI SECURITIES LTD.,MUMBAI

Registrars BIGSHARE SERVICES PVT.LTD.,MUMBAI


--------------------------------------------------------------------------------

INDEX WILL DECLINE NEXT MONTH WHEN THIS IPO GET LISTING.

Issue subscribed @ 1.01 times. We have 4 more days (2 trading days). I am sure it will go beyond 20 times.

hai boarders i am back after popular demand and mail to me i am recommending this issue just go ahead and apply, if fortunature you will get allotment because my prediction is that public issue portion will be oversubscribed by at least 25 times so go ahead and enjoy the ride. you will fetch at lest 100 premium over issue price.

it is a good issue for subscribe.
b coz 1 lac application sleep buy in rs. 1800/- yaar.
pehle bech fir issue bhar dear.