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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
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| Rating *
|
D
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* A=Subscribe & Hold ; B = Subscribe & Watch C=Subscribe & Sell ; D = Avoid
By Kensource Information Services Pvt. Ltd.
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