Timbor Home Limited IPO Message Board (Page 6)

Timbor Home Ltd







Issue Details



· Company is coming up with an IPO and to offer 36,90,000 EQUITY SHARES OF RS.10/- EACH.

· Issue will constitute 25% of post-issue paid up capital.





Total number of share post issue : 1,47,56,580



Marketcap Scenarios





At a P/E OF 6 Price : 19/share Mcap = 28.03 Cr
At a P/E OF 9 Price= 28.5/share Mcap = 42 cr
At a P/E OF 12 Price : 38/share Mcap = 56 Cr
At a P/E OF 15 Price : 47.5/share Mcap = 70 Cr




Preferential Allotment



Preferential Allotment

Company
Allotment
Rate
Bonus(1:1)
Bonus(1:4) Total Share
Total Shares
Percent
Effective Rate/Share

Bennett,Colman & co
2346316
10
NA
586579
2932895
26.5
8

Writers & Publishers Ltd
111111
10
111111
55555
277780
2.51
4

Brand Equity Treaties Ltd
273470
21.31
NA
68368
341840
3.09
17.05






From 2009 to 2011 compnay has made preferential allotment to 3 major companies which includes Bennett & Colman,Writers and Publishers Ltd and Brand and Equity Treaties Ltd.


Promoter Holding post issue : 63.26% (70 Lacs Share)


Only 20% of total paid-up equity(Promoter Group) will be in Lock in period after IPO .So there will be pricing pressure on the day of listing .


· As on 30-sep-2008 company’s total number of shares were only 20 Lacs which has increased to 1.1 cr through further allotment and Two Bonus issue in 2009 and 2010.







Risks



· Promoter Company M/s. Maloo Building Material Pvt. Ltd. Continuously in losses.





Industry Comparison







Do not apply

with out reading the issue contents price of the shares just make comments that it is vasvani because it is grade 1

Another Vaswani..

Beware..

Gane.

Grade 1 IPO....

any view?