May 8, 2000
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Stocks
|
|
Company |
Computer Power (India) |
Market Price |
Not listed |
Lead manager |
Munoth Financial Services
|
Listing At |
Madras, Cochin, Ahmedabad, Calcutta, Hyderabad and Bangalore
|
Opening/Closing |
May 8, 2000 / May 11, 2000 |
Promoters |
Easwar Subramanian, Easwar Ramabhadran, J Venkataraman
|
Associate Co. |
—
|
Managing Director |
Easwar Ramabhadran
|
Post-issue Stake |
60% |
Issue |
|
Size |
Rs 20 million |
Price |
Re 1
|
On Application |
Re 1
|
On Allotment |
—
|
Objective |
Hardware and software upgradation, development of e-commerce and web based project facilities, expansion of training centers
|
Business |
|
Product |
Software development and training
|
Location |
Chennai, Dindigul, Mayiladuthurai, Trichy
|
Project cost |
Rs 54.82 million
|
Funded by |
Equity and term loan from Federal Bank
|
Kensource projections |
(2001) |
Sales |
Rs 30 million
|
Profit |
Rs 4.5 million
|
Earnings per share |
Re 0.09 |
Return on equity |
8% |
Comment | A penny stock and you can lose the whole of it.
|
Rating *
|
D
|
* A=Subscribe & Hold ; B = Subscribe & Watch C=Subscribe & Sell ; D = Avoid
By Kensource Information Services Pvt. Ltd.
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