Oceana Software Solutions Ltd. |
- Issue Opens : 10th August, 2000
- Offer Price: Rs.20/- per share (FV -
Rs.10/-)
- Issue Size: 50,00,000 shares amounting to
Rs.10 crores
- Registrars to the Issue: Ankit Consultancy
Pvt. Ltd.
|
- Issue Closes: 14th August, 2000
- Minimum Application: 200 shares @ Rs.5/-
each
- Post-issue promoter's stake: 48%
- Lead Managers: Systematix Corporate Services
Ltd.
|
|
Listing on: Chennai
and Mumbai Stock Exchanges |
- Orders for hardware amounting to Rs.350 lakhs and software
for Rs.200 lakhs are yet to be placed.
.
- The office premises at Chennai which likely to cost Rs.100
lakhs is yet to be acquired.
.
- Office to be set up at Atlanta, USA, (Rs.200 lakhs) for
which permission from RBI is yet to be received.
- Training programs offered by the company are not
developed/accredited/recognized by any University/Board/AICTE/Government authorities.
Course material is certified by Apple Computers Inc., USA.
- Is the authorized representative to market Apple's products
in Government and industrial segments.
- Issue proceeds will be used to expand software development
facilities and training centers, to develop e-commerce and web based project facilities,
to set up office at USA and to meet working capital requirement.
- Mr. K.S. Ramaswamy, aged 47 years and qualified as B.Com.
- Has four ongoing ERP projects for the oil mining, textile
accessories, rubber plantation and paper industry. Further projects in hand worth Rs.155
lakhs.
.
Investors are advised to be cautious.
|
.. |
