- Entered the multimedia and animation
industry in 1999.
- Has ISO 9001 Certification from
International Certifications Ltd. for its activities relating to design and development of
software for education, entertainment and business applications for its site at New Delhi.
- Client list includes Ranbaxy, HP,
Modi Xerox and many others. Also produced few serials being telecasted in Doordarshan.
- Issue proceeds would be used for
setting up of media and animation facilities, software development division and e-commerce
division.
- Promoted by Bal, Prabhash Bhatnagar,
Atul Garg, S.K.Sethi and Simmi Gupta.
- Total Income stood at Rs.272.28
lakhs and net profit at Rs.11.13 lakhs in FY2000.
- Projected income of the company for
the next three years starting FY2001 is Rs.1334.4, Rs.1918.39 and Rs.2238.12 and Net
profit at Rs.320.24, Rs.566.35 and Rs.637.75 lakhs respectively.
- Working capital requirements for the
next three years starting 2001 are estimated at Rs.428.13, Rs. 453.98, Rs. 522.35
respectively.
- 7,89,000 shares are allotted to NRIs. They
can apply on a non-repatriable basis.
- A premium is not justifiable on
qualitative grounds.
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