Servalakshmi Paper Ltd IPO Message Board (Page 10)

I was recruited thru Campus Interview in 1995 by Servall Group for its Paper Machinery Company located near Coimbatore but did not join and took up some other assignment.

No idea how it is doing now.

Future Ventures, a unit of the Future Group which runs the country`s top listed retailer Pantaloon Retail, is likely to hit the capital market with its initial public offering at the end of April.The company, which invests in businesses which are strategically important to the group`s retail business, plans to raise Rs 750 crore via the share sale and has received the regulator`s nod.The company plans to use a large part of the funds for acquiring new businesses while a small part of the proceeds will be used to grow the existing businesses.Future Ventures currently has 13 companies in its portfolio which own brands in fashion, FMCG, food processing and home products. It may set the price band of 800-900.

its a new co .....

it has no earning business till fy'10.......

fy'10 sales is 1.73 lacs which is other income......

its nw pre ipo is 54 cr

it will survive on its feet only with the help of operators......

after some time god knows the price....

its a greenfield project co

promoters cost of acqusition is also near to ipo price ( rs. 25)

company has embarked upon setting up an integrated paper mill with a capacity to produce 300 tonnes per day (TPD) i.e. 90,000 MTPA, along with a 15 MW multi-fuel captive power plant at a single location. The total investment is estimated to be Rs. 34,000.00 lacs and the entire project is set to be completed in two phases. The
company has already completed the Phase-I of the Project in all respects and has started the commercial production from 1st April, 2010. Having created the required manufacturing facilities through Phase-I we are in the process of implementing the Phase-II of the project which will add balancing equipments for improving oductivity and producing value added products, along with augmenting our working capital needs.

Shreedhar which ipo is best 4 listing gain......

only 60 crores ipo means a lot of manipulation by operators. one should excise caution to apply.but listing gain is for sure.

Mr GOEL BERIWALA at 2: Just ignore Companies getting such poor rating unless you are adventurous.

Hello Gane, Gem, Ravi, Natrajan an other fellow boarders,

Another small grade 2 IPO. Looking at track record this is tempting IPO's for listing gains.

Most of recent IPO's of this size gave handsome return on listing day.

Your thoughts pls.

HAI EVERYBODY,

IT IS A VERY SMALL ISSUE. BUT THE RATING GIVEN FOR THIS COMPANY IS

2, THAT SHOWS POOR FUNDAMENTALS. SO, IT IS A MATTER OF CONCERN FOR

EVERYBODY WHETHER TO INVEST IN THIS IPO OR NOT. IF ANY BODY CAN GIVE

ITS EXPERT ADVICE ON THIS MATTER ?

HOW
IS THIS
CO.
FOR
INVESTMENT