Spel Semiconductor has the distinction of being the first and only IC assembly and Test sub-contractor in India ,competing with bigger sub-contractors in China,Korea,Taiwan,Phillipines,Malaysia,Indonesia etc.Being the first in India has its  advantages and crippling disadvantages too.However in case of Spel www.spel.com, over the last 15 years weaknesses have been converted into strengths,and now the company an ISO 9001 and ISO 14001 certified and waiting to get ISO/TS16949 certification,is about to  take off.Accumulate its stock,available @Rs.14 on BSE.Could turn out to be a multibagger.