May 3, 2000
Books
Columnists
Indian Tax
Insurance
Interview
Mutual Funds
NRI Tax
Personal Finance
Personal Banking
Real Estate
Stocks
|
|
Company |
Softsol India Limited |
Market Price |
Not listed |
Lead manager |
Khandwala Securities Limited |
Listing At |
Bombay and Hyderabad |
Opening/Closing |
3rd May 2000 / 8th May 2000 |
Promoters |
Mr. Srinivasa Rao Madala, Dr. (Mrs.) V.L.K Durga Madala
|
Associate Co. |
Softsol Technologies Inc. USA, Softsol Resources Inc. USA
|
Managing Director |
Mr. Shrinivasa Rao Madala |
Post-issue Stake |
74.96% |
Issue |
|
Size |
341.29 million |
Price |
Rs. 95, Rs. 10 per share at a premium of Rs 85
|
On Application |
Rs. 47.50
|
On Allotment |
Rs. 47.50
|
Objective |
Expand infrastructure facilities for its Software Development Center, set up offices abroad |
Business |
|
Product |
Network Solutions, Legacy Systems, E-commerce, Client-Server / Migrations, ASP, Intranet and Web Applications
|
Location |
Hyderabad |
Project cost |
469.25 million
|
Funded by |
Public issue and internal accruals |
Kensource projections |
(2001) |
Sales |
268.03 million |
Profit |
134.01 million |
Earnings per share |
Rs. 9.35 |
Return on equity |
26% |
Comment | Sound growth, good P/E and RoE. The company's prospects look good. |
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
|