Simplex Projects Limited IPO Message Board (Page 26)

I have checked NSEIndia Site

hello Fact..
can you please tell me one site which gives hourly update on the subscription status.. since this site gives data on daily basis.

Overall Subscribed 0.45 times till 3:00PM

think this is a good issue and prospects of the company are very good.donot miss this ipo and apply aggressively, this ipo will gives higher return to the investors so donot miss,applyapplyapply apply,apply,apply,apply,apply,apply,apply.................................................................................

Hi

Can anyone please tell me out of Simplex, Omaxe & Omnitech which one is best and why?

SPL is an ISO 9001:2000 certified construction company and is providing integrated engineering, procurement and construction services for civil & Structural construction and infrastructure sector projects.


SPL’s focus area includes:
Piling and Foundations
Civil construction projects, which include structures such as commercial and residential complexes, mass housing projects, townships, industrial structures;
Transportation engineering projects including bridges, flyovers, underpasses, road projects; and
Irrigation, Water supply and Sewarage Schemes.
Installation and operation of Multi Level Car Parking Systems.

SPL’s portfolio of completed and ongoing civil construction projects includes commercial and residential buildings, group housing projects and townships, industrial structures, hospitals and universities and educational campuses. The infrastructure portion of projects fall broadly into the categories of transportation engineering, and irrigation & water supply. In the transportation engineering category, SPL has constructed roads, bridges, flyovers and underpasses. In the irrigation & water supply category, SPL has built water supply and sewerage projects. The Company has also completed various piling projects.

Capital Market Review

CM RATING 45/100

Strengths
_________
The order book of Rs 290 crore represents two times the reported financial year ending Mach 2007 (FY 2007) revenue. The schedule dates for completion of projects range from July 2007 to March 2009.
Each of the verticals is witnessing significant investment.

Weaknesses
__________
Over-dependant on construction opportunities in and around Kolkata.
Negative net operating cash flow in FY 2005, FY 2006 and FY 2007
The pil ling segment has the highest earning before interest, depreciation, tax and amortisation (EBIDTA) margin of about 22-23%. The execution period of pil ling contracts, which are of small size, is low. Thus, the growing order book could make it difficult to maintain the proportion of pil ling business, thereby impacting margin.

Valuation
_________
Standalone FY 2007 EPS on post-issue equity works out to Rs 8.7. Simplex Projects has not given consolidated financials. If one simply adds the profit of the subsidiary to the standalone profit, the consolidated EPS works out to Rs 11.3. At the offer price band of Rs 170-Rs185, the P/E range on the basis of standalone EPS works out to 19.5 to RS 21.3 and on the basis of assumed consolidated earning it is 15.4-16. Unity Infraprojects, the nearest comparable company, is trading at P/E of around 21.

hai guyz i here dlf ko nahi appley ki ya koi bat nahi lekin wait for ub grup ( vijay mally ) ipo it's comeing soon invest in market choose only big issue not this one

i think this is a good issue and prospects of the company are very good

no pas avoid apply alpa lab prem is high

this is not good ipo so better way not apply on it

Same like Jaypee construction work.......100% income on listing

grey market price 90

how is this ipo. what is the grey market premium

This is one of the better companies in construction space, one of the last few to come for listing. Has huge exposure to east west and north south corridor as well as sanitation and water supply projects across the country. Apply for maximum

good ipo then dlf...
may get 250 rs target on 1st day

good ipo then dlf...
may get 250 rs target on 1st day

very good ipo