|
May 13, 2000
Books
Columnists
Indian Tax
Insurance
Interview
Mutual Funds
NRI Tax
Personal Finance
Personal Banking
Real Estate
Stocks
|
|
| Company |
C S Software Enterprise |
| Market Price |
Not listed |
| Lead manager |
Karvy Investor Services, Nagarjuna Financial Services
|
| Listing At |
Hyderabad and Bangalore
|
| Opening/Closing |
May 15, 2000 / May 18, 2000 |
| Promoters |
Ravi Vishnu, Sunder Raj Nyayapathi, Vikram Reddy Doodipala |
| Associate Co. |
Granada Engineers Ltd, CS Exports Pvt Ltd, RRK Enterprise Pvt Ltd, Granada Software Consultancy Ltd
|
| Managing Director |
Ravi Vishnu
|
| Post-issue Stake |
65.88%
|
| Issue |
Equity shares at par |
| Size |
Rs 25.18 million
|
| Price |
Rs 20 (Rs 10, premium Rs 10)
|
| On Application |
Rs 20
|
| On Allotment |
Nil
|
| Objective |
Infrastructure facilities, set up software development, training and maintenance divisions for the company's domestic and foreign corporations
|
| Business |
Software Development
|
| Product |
Software development and services, contract staffing, data management
|
| Location |
Hyderabad
|
| Project cost |
Rs 52 million
|
| Funded by |
Equity capital
|
| Kensource projections |
(2001) |
| Sales |
Rs 87 million
|
| Profit |
Rs 15.66 million |
| Earnings per share |
Re 3.13 |
| Return on equity |
15% |
| Comment | The company has scope for growth and is likely to meet its targets |
| Rating *
|
B
|
* 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
|
