Accel Frontline IPO Review & Recommendations

Bookbuilding IPO | ₹42 Cr | Listed at BSE, NSE | Thu, Sep 28, 2006 - Thu, Oct 5, 2006

IPO Recommendations (0 Reviews)

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Peer Comparison

Accel Frontline Ltd. peer comparison with similar listed entities. (As on March 31, 2006)

Company NameEPS (Basic)NAV (₹ per share)P/E (x)RoNW (%)P/BV RatioFinancial statements
Accel Frontline5.5635.0415.86
CMC16.00139.1022.7013.103.72
HCL Infosystems6.6025.6023.7032.106.09
Tata Elxsi10.1021.2017.7056.9010.19
3i Infotech5.3051.2019.9018.303.26

Notes:

  1. Price per share has been taken as the closing price on August 21, 2006.
  2. NAV (book value per share) has been calculated as per latest Fiscal which is year ended March 31, 2006.

EPS is for the fiscal 2006. The Issue Price of Rs. 75 has been determined by the Company and the Selling Shareholder, in consultation with the BRLM, on the basis of the demand from investors for the Equity Shares through the Book-Building Process and is justified based on the above factors.

IPO Review by Members

Accel Frontline IPO Reviews, analysis and views by popular members.

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