July 10, 2000
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|
Company |
Cyberscape Multimedia |
Market Price |
Not listed |
Lead manager |
Indbank Merchant Banking Services
|
Listing At |
BSE, NSE, Calcutta
|
Opening/Closing |
July 10 / July 15
|
Promoters | Anand Shankara Kanakanhalli, Madurai Somasubramanian Sridhar, Suresh Shetkere Gundappa, Avinash Bimal Keshan
|
Associate Co. |
Aces Technologies, Aces Consultants, Overdrive Infotech, Overdrive Information Technology, Turbo Consultants & Enterprises, Aristodic Dealers
|
Managing Director |
Anand Shankara Kanakanhalli
|
Post-issue Stake |
66.33%
|
Issue |
|
Size |
Rs 34 million
|
Price |
Rs 10
|
On Application |
Rs 5
|
On Allotment |
Rs 5
|
Objective |
Part finance expanision and setting up of overseas office
|
Business |
|
Product |
Software development & trading
|
Location |
Bangalore
|
Project cost |
Rs 112.20 million
|
Funded by |
Mainly equity, term loan of Rs 11.5 million
|
Kensource projections |
(2001) |
Sales |
Rs 38.1 million
|
Profit |
Rs 3.5 million
|
Earnings per share |
Re 0.34
|
Return on equity |
3% |
Comment | No clear focus, no core competency
|
Rating *
|
D
|
* A=Subscribe & Hold ; B = Subscribe & Watch C=Subscribe & Sell ; D = Avoid
By Kensource Information Services Pvt. Ltd.
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