Speculators can SUBSCRIBE with stop-loss below issue price of Rs.115 - 125.
The company has high dependence on few clients with more than 90% of the revenues coming from top 10 clients.
The services of the company are part of the discretionary spend of any client. There has been a slump in the discretionary spend by clients all across verticals. While it seems to have bottomed out, how fast the discretionary spend will pick up is not clear.
The company is focused on only one vertical i.e. BFSI. The vertical has seen a major impact due to the challenging economic environment and will remain very sensitive to fluid global economic environment. Global economic concerns and global trends in the IT deal landscape surround its performance.
While company identified a niche segment, it is yet to develop the necessary size and scale to be counted as a top player. As a small organisation, it is vulnerable to the risks of competition, foreign exchange fluctuations and business slowdown. Also, it may find it difficult to retain its talent pool as most of the big IT companies offer testing services.
Hi All.Pls do not waste time on IPO talk.Recent NCD OF Tatas & Shriram Finance have given returns of 23% & 17% respectively in 3 months .Its traded and pretty safe from any downward fall in prices.Any comments
IPO ME KUCH NAHI RAKKHA AGAR HAR SALL PAISE DUGNE KARNE HAI TO IN SHER BHAGERA ME KUCH NAHI RAKKHA INKE BAJAY APP MUJHE DE!!!!! ,ME MUKESH ANIL & BROTHERS KI TAREH (APP KE PAISE KHA JAUNGA)HI DOUBLE KAR KE DUNGA.
Promotors are were greedy. Earlier price band was Rs.120-130. When issue could not subscribed at lower band of Rs.120, what is the logic of keeping price band upto Rs.125. Company should reduced the upper band less than Rs.120.00 as issue could not subscribe on this level.
Chand, about numbers - Satyam and Maytas was very good with numbers. Don't talk about numbers projected in IPO. SEBI don't check their credibility.
And IIT and IIM pass out are not GOD. And all of these promoters are at their retirement age. Their engineering/management study, I am sure will not be any way related to IT.
Vivek, North means - do no work and put jing cha :) .
dont speak about north or south, everywhere we have good and bad guys/companies. I am not supporting think soft, but just see the numbers they have arrived...
Hi ALL, This is going to be another INFOSYS. This company is from Bangalore as Infosys. Same tech background. Promoters are all qualified from IIT,IIM etc and not fly by night types. They are from south and not the trading community type. If you recall, even Infosys IPO was not well received. JM had to bail out the IPO. Same story repeated now.
Apply in full strength.Laugh all the way to the bank in 6 months time. MULTIBAGGER for sure
What is the point in extending the date by a few days without reducing the price? At this price, no one has shown interest in the issue and may be the promotors are trying to lobby someone to put in their money!! Had the issue been worthwhile, even if you keep it open for a single day, it will get fully subscribed. So no logic in extension of time without reducing the price. Retail investors, be careful. whatever you apply will get allotted and finally you will come out with loss. instead wait for some time and pick up good stocks from secondary market when a correction takes place. There are guys misguiding others to invest in this IPO. They have the right to express their views, but not at the expense of others' money. Krish.
sorry chimpu bhai,ab apko 6 din jyada wait karne padenge 15% wealth increse karne ke liye. company walone aapki ki sun kar 5 rs. aur price band kam kar di.ab thinksoft ipo 1/10/2009 ko close hoga. qib ko manane ke liye 5 se 6 din chahiye.