One of the early entrants in the media industry, with multi channel, multi lingual,
multi genre and multi time band products in its portfolio.
- Highly experienced in production and marketing of television content across various
genres, which include music countdown shows, soap operas, sports shows and events, cartoon
serials, comedies, regional language serials and film formatted shows.
- A program library of 3087 hours consisting of varied portfolio.
- Client list includes Doordarshan, Zee, Star, Sun, Gemini, Sony, MTV and Surya.
- Promoted by Harish Thawani, who has been in the industry for the past 20 years.
- Total income decreased from Rs.348.1 million in 1995 to Rs.163.43 million in 1999.
However, the half-year closed on Sept. 1999 with a total revenue of Rs 671.3 million.
During the same period, the net profit decreased from Rs.10.05 million to Rs.6.94 million
and in the half year it stood at Rs 3.67 million.
- Plans strategic forays into television broadcasting, Internet content and e-commerce, FM
radio broadcasting, which would enable the company to establish its presence across
multiple media platforms and obtain multiple content revenue streams.
- Estimated capital expenses of Rs 2,040 million out of which Rs. 24.3 million has already
been incurred.
- In the issue, the new equity shares constitute 51,00,000 and the promoters are selling
6,75,000 shares out of their holding.
- Projected total revenue of Rs 1024.45 million and a net profit of Rs 101.74 million for
2000.
- NRIs have not been allotted any quota but they can apply on par with the Indian
nationals. They can apply through NRE/FCNR accounts and on a repatriation basis.
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