Exquisite Exports Limited

Listing on: Chennai, Calcutta and Hyderabad Stock Exchanges

• Making profits for the last 6 years.
  
• Main business involves computer training and export of leather and leather products.

• Total income marginally increased from Rs 385.82 lakhs in 1997 to Rs 386.25 lakhs in 1999 and during the same period net profit increased from Rs.1.88 lakhs to Rs 9.57 lakhs. The 11 month period ending January 2000 closed with total income of Rs 516.79 lakhs and a net profit of Rs 11.53 lakhs.

• S.Aravindan, the promoter,  is well qualified and has vast experience in the leather industry.

• Proposed project involves diversification of the company into web enabled services and medical transcription business.

• Issue proceeds would be used to finance the medical transcription center, develop e-commerce portal for leather industry and to meet the working capital expenses.

• Strategic tie-up with CBay Systems, one of the pioneers in Medical Transcriptions in the world.

• The estimated total income for 2001 and 2002 stands at Rs.1188.55 lakhs Rs.1775.96 lakhs and the net profit at Rs 183.57 lakhs and Rs.548.84 lakhs respectively. EPS for the same period is estimated at Rs. 3.49 and Rs.10.43 respectively.

.

..