|
|
|
| Company |
Balaji Telefilms |
| Market Price |
Not listed |
| Lead manager |
JM Morgan Stanley, IL&FS Merchant Banking Services, Triumph International Finance
|
| Listing At |
BSE, NSE
|
| Opening/Closing |
Book bldg: October 6/October 12, Fixed price: October 27/November 3 |
| Promoters |
Jeetendra, Shobha Kapoor, Ekta Kapoor
|
| Associate Co. |
J K Telefilms & Exports, J K Telefilms & Equipments, Shri Siddhivinayak Films, B R A Corporation, Ekta Corporation, Ekta Icecreams and Foods, Satej Plastics Pvt Ltd, Streamflow Polyweaves Pvt Ltd
|
| Managing Director |
Shobha Kapoor |
| Post-issue Stake |
67.92% |
| Issue |
|
| Size |
2.8 million shares
|
| Price |
Face value Rs 10, Floor Price: Rs 125-135 |
| On Application |
Minimum Shares Retail: 50, Others: 1050
|
| On Allotment |
— |
| Objective |
Expansion of infrastructure facilities, long term working capital |
| Business |
|
| Product |
Television Software |
| Location |
Bombay |
| Project cost |
Rs 574 million
|
| Funded by |
Equity (88%), Term Loan (12%) |
| Kensource projections |
(2001) |
| Sales |
Rs 302 million
|
| Profit |
Rs 54 million
|
| Earnings per share |
Rs 5.28 |
| Forward P/E |
26 |
| Post-issue equity |
Rs 103 million
|
| Comment |
Track record of high growth, promising future prospects.
|
| Rating *
|
B
|
* A=Subscribe & Hold; B = Subscribe & Watch; C=Subscribe & Sell; D = Avoid; E = Buy post-listing
By Kensource Information Services Pvt Ltd.
Money
IPO Analysis
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