May 31, 2000
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|
Company |
Padmalaya Telefilms |
Market Price |
Not listed |
Lead manager |
Karvy Investor Services |
Listing At |
Hyderabad, BSE |
Opening/Closing |
May 31, 2000 / June 6, 2000 |
Promoters |
G V Narasimha Rao, G R S Krishnamurthy, G Adiseshagiri Rao
|
Associate Co. |
Padmalaya Studios Pvt Ltd, Padmalaya Vision Pvt Ltd, Priyadarshani A/c
|
Managing Director |
G Adiseshagiri Rao
|
Post-issue Stake |
70%
|
Issue |
|
Size |
Rs 250 million
|
Price |
Rs 100 (Rs 10, premium Rs 90)
|
On Application |
Rs 50
|
On Allotment |
Rs 50
|
Objective |
Upgradation of equipment, setting up 2D/3D studio in Hyderabad, marketing offices in the US and India, procure films for the library
|
Business |
|
Product |
Television software and content, films
|
Location |
Hyderabad
|
Project cost |
Rs 542.5 million
|
Funded by |
Share capital, non-repayable capital reciept from Reliance Capital
|
Kensource projections |
(2001) |
Sales |
Rs 206.08 million
|
Profit |
Rs 51.52 million
|
Earnings per share |
Rs 5.15 |
Return on equity |
9% |
Comment | Erratic past. Wishful future. Dosen't pay taxes. No significant income growth
|
Rating *
|
D
|
* A=Subscribe & Hold ; B = Subscribe & Watch C=Subscribe & Sell ; D = Avoid
By Kensource Information Services Pvt. Ltd.
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