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|
Company |
Visie Cyber Tech
|
Market Price |
Not listed |
Lead manager |
Aryaman Financial Services |
Listing At |
Hyderabad, Bangalore and Calcutta
|
Opening/Closing |
September 18/September 25 |
Promoters |
C Ashok Vishnu and N Surya Kumar
|
Associate Co. |
None
|
Managing Director |
C Ashok Vishnu
|
Post-issue Stake |
67.13%
|
Issue |
|
Size |
Rs 14 million
|
Price |
Rs 10
|
On Application |
Rs 5
|
On Allotment |
Rs 5 |
Objective |
Fund software development project, set up overseas office
|
Business |
|
Product |
Software training
|
Location |
Hyderabad |
Project cost |
Rs 53 million
|
Funded by |
Equity, term loan from APIDC
|
Kensource projections |
(2001) |
Sales |
Rs 0.80 million |
Profit |
Rs 0.16 million
|
Earnings per share |
Re 0.05 |
Forward P/E |
202 |
Post-issue equity |
Rs 50.20 million
|
Return on equity |
1% |
Comment |
Size of operations is too small. Has no experience in the proposed project.
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Rating *
|
D
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* A=Subscribe & Hold; B = Subscribe & Watch; C=Subscribe & Sell; D = Avoid; E = Buy post-listing
By Kensource Information Services Pvt Ltd.
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