Gateway Tele-Soft Limited |
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- Issue Opens :
- Offer Price: Rs.20/- per share (Face Value
of Rs.10/- per share)
- Issue Size: 45,00,000 shares amounting to
Rs.9 crore
- Registrars to the Issue:
MCS Limited
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- Issue Closes:
- Minimum Application: 200 shares @ Rs.10/-
each
- Post-issue promoter’s stake: 25.96%
- Lead Managers: Doogar &
Associates Ltd.
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| Listing On: Mumbai and Ahmedabad Stock Exchanges |
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Highlights of the Issue |
- Ahmedabad based IT company with a large number of customers.
- Promoted by Mr. Ilanthirayan and other strong group of
promoters who have good exposure to the industry.
- Total income increased from Rs.4.91 lakhs in 1996 to nearly
Rs.68.06 lakhs in 1999. During the same period, the net profit increased from Rs.0.29
lakhs to Rs.17.49 lakhs.
- Estimated total income stands at Rs.2529.08 lakhs and Rs
3004.65 lakhs in the years 2001 and 2002 respectively. The Net profit for the same period
stands at Rs.566.46 lakhs and Rs 709.68 lakhs
- Estimated EPS and Dividend for the same period stands at
Rs.5.63, Rs.7.06 and 30% and 45% respectively and the estimated RONW and NAV figures out
to be 30.28%, 33.36% and Rs.16.83, Rs.19.59 respectively.
- Expanding its software development facilities, e-commerce
and web based project facilities.
- Estimated total expenditure at Rs 1338.63 lakhs which is
being procured by the issue and through promoters.
- The issue goes by NRO account and on non-repatriation basis.
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