|
|
|
| Company |
Geekay Imaging
|
| Market Price |
Not listed |
| Lead manager |
Canara Bank
|
| Listing At |
Bangalore, Ahmedabad
|
| Opening/Closing |
September 25/September 29 |
| Promoters |
G K Deshpande, Rupa G Deshpande, Anand B Madyalkar
|
| Associate Co. |
None
|
| Managing Director |
G K Deshpande
|
| Post-issue Stake |
56.44%
|
| Issue |
|
| Size |
Rs 47 million
|
| Price |
Rs 20
|
| On Application |
Rs 10
|
| On Allotment |
Rs 10 |
| Objective |
Establishment of software development centre, setting up overseas marketing offices, meet working capital requirement.
|
| Business |
|
| Product |
Digital graphic and multimedia solutions
|
| Location |
Bangalore |
| Project cost |
Rs 95 million
|
| Funded by |
Equity, term loan
|
| Kensource projections |
(2001) |
| Sales |
Rs 40 million |
| Profit |
Rs 5 million
|
| Earnings per share |
Re 0.89 |
| Forward P/E |
22 |
| Post-issue equity |
Rs 53.95 million
|
| Return on equity |
9% |
| Comment |
Sound financials but likely to face competition from existing players.
|
| Rating *
|
D
|
* A=Subscribe & Hold; B = Subscribe & Watch; C=Subscribe & Sell; D = Avoid; E = Buy post-listing
By Kensource Information Services Pvt Ltd.
Money
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