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Home > Money > Stocks > IPO Center > IPO Analysis
October 9, 2000
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 Company  Balaji Telefilms
 Market Price  Not listed
 Lead manager  JM Morgan Stanley, IL&FS Merchant Banking Services, Triumph International Finance
 Listing At  BSE, NSE
 Opening/Closing  Book bldg: October 6/October 12, Fixed price: October 27/November 3
 Promoters  Jeetendra, Shobha Kapoor, Ekta Kapoor
 Associate Co.  J K Telefilms & Exports, J K Telefilms & Equipments, Shri Siddhivinayak Films, B R A Corporation, Ekta Corporation, Ekta Icecreams and Foods, Satej Plastics Pvt Ltd, Streamflow Polyweaves Pvt Ltd
 Managing Director  Shobha Kapoor
 Post-issue Stake  67.92%
 Issue  
 Size  2.8 million shares
 Price  Face value Rs 10, Floor Price: Rs 125-135
 On Application  Minimum Shares Retail: 50, Others: 1050
 On Allotment  —
 Objective  Expansion of infrastructure facilities, long term working capital
 Business  
 Product  Television Software
 Location  Bombay
 Project cost  Rs 574 million
 Funded by  Equity (88%), Term Loan (12%)
 Kensource projections  (2001)
 Sales  Rs 302 million
 Profit  Rs 54 million
 Earnings per share  Rs 5.28
 Forward P/E  26
 Post-issue equity  Rs 103 million
 Comment Track record of high growth, promising future prospects.
 Rating *  B

* 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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IPO Analysis

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