Hey Friends, lets do complaint to SEBI about Intime Spectrum for delay in allotment and refund. Definitely SEBI will take some action. SEBI Site is www.sebi.gov.in. In that there are may Phone Nos. and E-mail Ids based on our region. We can do atlest one e-mail from each region. Let's start then. Thanx for your support
although this ipo seem good to share but as most of the people suggest that registrar intime spectrum is the worst so there is 90% chances of delay refunding and delay in allotment
ya both bgr and transformer are good issues.but the registrar intime is worest. had very bad experience with mundraport even unable to know allotment status.
both BGR and transformer rectifier are a good issue . as power sector is growing very well . so to establish a sub-station or power grid , power sector will require a HUGE NO of transformer . so naturally transformer ipo will do well in the near future . but one concern is there NO. oF EQUITY SHARE IS LESS . SO IT WILL BE HEAVILY SUBSCRIBED , SO CHANCES OF ALLOTMENT WILL BE LESS . Its peer competitor are really diong very well . BHARAT BIJILEE (7 DEC. - 07) - 3,410.85 02-01-06 - 625
Among thee votamp,indotech and transformers & rectifiers,position of transformers and rectifiers is better because of entering in higher range i.e. 400 KV where profitability is more as there are big players in competion e.g.BHEL,Crompton,ABB,AREVA and EMCO and market is huge.
The only postiive (strong also) factor is the company falls under power sector and in the next five year plan the allocation to power sector is going to be 1,70,000 crores.
The negative thing is the company is having negative cash flow.
As the issue size is small, the issue will be heavily oversubscribed and the allotment will be in lottery. Will give good listing gains.
Shares of Transformers & Rectifiers India Ltd (TRIL) are available at price to earnings (P/E) multiple of 21.96x at the floor price and 24.02x at the cap price based on annualised earnings per share (EPS) for FY 2008 on post issue capital of the company. On the other hand shares of its peers, EMCO, Bharat Bijlee and Voltamp Transformers were trading at P/E multiple of 37.41x, 33.18x and 25.33x (based on annualised EPS for FY 2008 and share price as on Dec. 6, 2007) as against industry average of 39.6x. The valuation of TRIL looks attractive when compare with its peers and industry average. Considering all these parameters, one can think of subscribing to IPO of TRIL.