|
June 30, 2000
Books
Columnists
Indian Tax
Insurance
Interview
Mutual Funds
NRI Tax
Personal Finance
Personal Banking
Real Estate
Stocks
|
|
| Company |
Creative Eye |
| Market Price |
Not listed |
| Lead manager |
HSBC Securities, SMIFS Capital Markets |
| Listing At |
BSE, NSE
|
| Opening/Closing |
Book building Bid: June 30, 2000 / July 6, 2000, Fixed price: July 20 / July 25 |
| Promoters | Dheeraj Kochar, Zuby Kochar
|
| Associate Co. |
Namah Shivay Enterprises, Creative Eye, Kochar Combine, CE Entertainment
|
| Managing Director |
Dheeraj Kumar Kochar
|
| Post-issue Stake |
72.59%
|
| Issue |
|
| Size |
2.5 mn shares, book bldg: 1.88 mn, Fixed price: 0.6 mn shares
|
| Price |
Floor price: Rs 225, Face value: Rs 10
|
| On Application |
|
| On Allotment |
|
| Objective |
Finance future activities which include developing portals, procuring film and Hindi songs rights, tele-shopping & e-commerce network, expanding marketing network, expanding post-production studio
|
| Business |
|
| Product |
Television software
|
| Location |
Bombay, Delhi
|
| Project cost |
Rs 755.49 million
|
| Funded by |
Equity and loan from Oriental Bank
|
| Kensource projections |
(2001) |
| Sales |
Rs 542.45 million
|
| Profit |
Rs 43.39 million
|
| Earnings per share |
Rs 4.35
|
| Return on equity |
7% |
| Comment | Erratic topline growth, poor profit margin, return on capital is already falling and will crash after the issue. Creative projections.
|
| Rating *
|
C
|
* A=Subscribe & Hold ; B = Subscribe & Watch C=Subscribe & Sell ; D = Avoid
By Kensource Information Services Pvt. Ltd.
IPO Analysis
Tell us what you think of this feature
|
