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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
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| Managing Director |
G Adiseshagiri Rao
|
| Post-issue Stake |
70%
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| Issue |
|
| Size |
Rs 250 million
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| 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
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| Business |
|
| Product |
Television software and content, films
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| Location |
Hyderabad
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| Project cost |
Rs 542.5 million
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| Funded by |
Share capital, non-repayable capital reciept from Reliance Capital
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| 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
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| Rating *
|
D
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* A=Subscribe & Hold ; B = Subscribe & Watch C=Subscribe & Sell ; D = Avoid
By Kensource Information Services Pvt. Ltd.
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