Bell Marshal Tele Systems Limited

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  • Issue Opens :
  • Offer Price: Rs.15/- (Face Value Rs.10/-)
  • Issue Size: 60,00,000 shares amounting to Rs.9 crore
  • Registrars to the Issue:Intime Spectrum Registry Pvt. Ltd.
  • Issue Closes:
  • Minimum Application: 200 shares @ Rs.15/- each.
  • Post-issue promoter’s stake: 42.86%
  • Lead Managers:Aryaman Financial Services Limited

Listing on: Mumbai and Hyderabad Stock Exchanges

Highlights of the Issue

  • Profit making company dealing in telephonic equipment.
  • Promoted by Mr. Bhupesh Rathod, Mohanlal Shah, Sunil Dangi and Reeta Rathod who are quite experienced in the business.
  • Total income increased from Rs.96.38 lakhs in 1995 to Rs.1100.66 lakhs in FY2000. During the same period, the net profit increased from Rs.1.42 lakhs to Rs.25.66 lakhs.
  • Expected total income stands at Rs. 2027.33 lakhs and net profit at Rs. 242.88 lakhs for FY2001.
  • Estimated working capital for 2001 stands at Rs.276.92 lakhs and capital expenses at Rs. 1,275 lakhs for the infrastructure development, of which Rs. 43.96 lakhs is already spent by the company.
  • 10,00,000 shares of Rs.10/- each at a premium of Rs.5/- per share have been allotted for NRI’s / FII’s / OCB’s and 2,00,000 equity shares of Rs.10/- each at a premium of Rs.5/- per for Indian mutual funds / banks / FI’s. NRIs can apply on repatriable basis and on NRE/FCNR accounts.

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