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|
Company |
Essemm Information Systems |
Market Price |
Not listed |
Lead manager |
Nagarjuna Financial Services |
Listing At |
Hyderabad, Bangalore
|
Opening/Closing |
3rd October / 10th October |
Promoters |
B. Satyanarayana, R. Gopala Krishna, V. G. Chako. |
Associate Co. |
Essemm Intraport Services Pvt. Ltd, Essemm Gopher Information Systems, Essemm Asset Management, Vizag Hospital and Cancer Research |
Managing Director |
B. Satyanarayana |
Post-issue Stake |
58.18% |
Issue |
|
Size |
Rs.12.5 million |
Price |
Rs.10 |
On Application |
Rs.5 |
On Allotment |
Rs.5 |
Objective |
Part financing expansion project, Setup overseas office. |
Business |
|
Product |
Software Development, Content Development, Onsite Consultancy |
Location |
Vishakapatnam |
Project cost |
Rs.45.23 million |
Funded by |
Promoters and their Associates (61%), Public Equity (28%), Term Loan (11%). |
Kensource projections |
(2001) |
Sales |
Rs 42 million
|
Profit |
Rs 6 million
|
Earnings per share |
Rs 1.25 |
Forward P/E |
8 |
Post-issue equity |
Rs 48.10 million
|
Return on equity |
12% |
Comment |
Loss making until last year. Associate company also into software. |
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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