Wednesday, November 5, 2014

SPEL SEMICONDUCTOR LTD (517166) :- A TURNAROUND CANDIDATE ?

Dear friends,


            Today we are discussing low priced stock for some risk taker can buy and hold for medium to long term it may be get re rating.


      

        SPEL SEMICONDUCTOR LTD

      Natronix acquires majority stake in SPEL

 Mar 24, 2014
Natronix Semiconductor Technology Private Limited, Singapore (Natronix-Sg), has on Mar 24, 2014 acquired 56% of SPEL Semiconductor Limited (SPEL). This acquisition was pursuant to the approvals granted by the Securities & Exchange Board of India (SEBI).

Natronix-Sg is a member of the Valingro Group promoted by Mr. Ar Rm Arun. Headquartered in Singapore, Natronix-Sg is focused on Semiconductor Packaging and Semiconductor Design. Natronix-Sg has already targeted further acquisitions within the Outsourced Semiconductor Assembly & Test (OSAT) and Design & Verifications (D&V) segments.

A 100% EOU, SPEL has in the past been constrained in raising debt expansion capital. With this acquisition, SPEL looks forward to securing cost-effective debt capital that will better position itself in the global scenario. The acquisition will assist SPEL in growing within its existing Customer base while also bringing in further advanced semiconductor packaging capabilities into India. SPEL will importantly be ready to enable India’s self-sufficiency within the electronics manufacturing supply chain.
Natronix is a Semiconductor Packaging & Design company focusing on complex solutions to global Semiconductor companies. Headquartered in Singapore, Natronix has carved a niche within its business, fuelling growth by continually introducing latest technologies, capacity expansions and acquisitions. 

Natronix's India OSAT (Outsourced Semiconductor Assembly & Test) presence is SPEL Semiconductor Limited. With over 25 years of Business excellence & a privileged Customer base, SPEL’s Packaging capabilities include the Leaded & QFN Packages. Being India’s 1st & only OSAT facility, SPEL’s well-defined Package Roadmap entails launching further high-end Packages.

Natronix has planned strategic acquisitions of APAC OSAT companies to further its vision of
being the Natural Destination for global Semiconductor companies. This will enable Natronix’s presence within established Semiconductor Ecosystems.
Natronix has recently forayed into Semiconductor Design. Using latest technologies, we strive to improve our Customers’ time-to-market & profitability.

Natronix is a member of the Valingro Group. The Valingro Group has diversified business interests with a Vision of Building Businesses that Transcend time.

Details  of company  HERE

   Singapore group NATRONIX is a promoter group holding  58.09% of 40cr paid up equity capital. Company posted  26cr sales with 0.54cr net profit in latest half year  results.

     Stock trading only BSE @13.50 risk taker investors can buy current market price stock may re rated in future.

  Disclosure :- I am holding this stock

1 comment:

  1. Thanks for the information... I really love your blog posts... specially those on PCB Engineering Services

    ReplyDelete