|
July 3, 2000
Books
Columnists
Indian Tax
Insurance
Interview
Mutual Funds
NRI Tax
Personal Finance
Personal Banking
Real Estate
Stocks
|
|
| Company |
Sibar Media & Entertainment
|
| Market Price |
Not listed |
| Lead manager |
Fedex Securities
|
| Listing At |
Hyderabad, Bombay
|
| Opening/Closing |
July 3 / July 7 |
| Promoters | Sibar Group
|
| Associate Co. |
Sibar Finance, Sibar Agro Farms, Sibar International Investments, Sibar Charitiable Trust, Sibar Dental Health Research Center, Sibar Constructions, Sibar Medicare, Sibar Educational Academy
|
| Managing Director |
K Anil Kumar
|
| Post-issue Stake |
73.81%
|
| Issue |
|
| Size |
Rs 55 million
|
| Price |
Rs 10
|
| On Application |
Rs 5
|
| On Allotment |
Rs 5
|
| Objective |
Animation studio in Hyderabad, modern amusement parks
|
| Business |
|
| Product |
2D/3D Animation, amusement parks
|
| Location |
Hyderabad, Vijaywada, Guntur
|
| Project cost |
Rs 233.50 million
|
| Funded by |
Equity, term loan (Rs 23.5 million)
|
| Kensource projections |
(2001) |
| Sales |
Rs 33 million
|
| Profit |
Rs 4 million
|
| Earnings per share |
Re 0.19
|
| Return on equity |
2%
|
| Comment | Capital intensive business. Slow returns
|
| Rating *
|
D
|
* A=Subscribe & Hold ; B = Subscribe & Watch C=Subscribe & Sell ; D = Avoid
By Kensource Information Services Pvt. Ltd.
IPO Analysis
Tell us what you think of this feature
|