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3I Infotech IPO ?

Discuss 3I Infotech IPO ? at the Initial Public Offers (IPO's) within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Experts. 3i Infotech(formerly ICICI Infotech ) IPO is openning tomorrow. Face value of Rs.10 ...


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  #1  
Old 29th March 2005, 03:57 PM
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Default 3I Infotech IPO ?


Hi Experts.
3i Infotech(formerly ICICI Infotech ) IPO is openning tomorrow. Face value of Rs.10 will be open for bidding at band Rs.90 - Rs.100.
Experts comments required for this IPO.

Thanks
Nirmalya
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Old 4th April 2005, 11:55 AM
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Default Re: 3I Infotech IPO ?

Not an expert.. but it appears to me that with only domestic customers for 3I infotech and no immediate future plan for overseas business, premium appears to me a lot. a price band near 60-70 Rs may be more reasonable.
I may be wrong.. TraderJi may put more light on it.
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Old 5th April 2005, 12:21 PM
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Default Re: 3I Infotech IPO ?

I do agree the revenue mix does not have sufficient BPO( foreign) income. This IPO is not very encouraging. I may be wrong

Regards
Ronald


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