Sky Net Web TV |
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- Issue Opens : Opening Shortly
- Offer Price: Rs.40 each (FV – Rs.10/-)
- Issue Size: 50,00,000 shares amounting
to Rs.200 million
- Registrars to the Issue: Adroit
Corporate Services Pvt. Ltd.
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- Issue Closes: -
- Minimum Application: 200 shares @ Rs.40/-
each
- Post issue promoter's stake: 50%
- Lead Managers: Aryaman Financial
Services Limited, Mumbai.
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Listing on:
Mumbai, Pune, Ahmedabad, Hyderabad and National Stock Exchange |
- Core Promoters, Mr.Satish Goyal, Mr.Sudhir Goyal and Mr.
Ashok Saraogi, are experienced and qualified software professionals.
- Presently engaged in business of Training, Software
Development, trading in software and hardware as well as in specialization of Client
Server Technology.
- Trained nearly 6000 students per annum since incorporation.
- Customized software developed in the areas of accounting,
medicine and engineering related packages.
- Main aim is to diversify the business into Web-based
projects.
- Proposes to start a Web-based entertainment portal targeting
Non-Resident Indians. Portal is planned to contain Indian Movies and Television Serials.
- Of the project cost of Rs.302.5 million, Rs.85 million is
for computer hardware, Rs.37.5 million for VSNL lines and Rs.20 million towards brand
building.
- Projected profit for the year ended March 2000 is Rs.2.25
million against Rs.1.36 million in the last financial year.
- Project is appraised by Gujarat State Financial Corporation
(GSFC) but no fund contribution is made.
- Investment can be considered for the short to medium term.
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