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Home > Money > Stocks > IPO Center > IPO Analysis
October 10, 2000
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 Company  Oasis Infotech
 Market Price  Not listed
 Lead manager  Aryaman Financial Services
 Listing At  Hyderabad, Bangalore, Ahmedabad
 Opening/Closing  October 4/October 12
 Promoters  V Srikanth, L Vijay Anand, V S R Ch Murthy
 Associate Co.  None
 Managing Director  V Srikanth
 Post-issue Stake  65.61%
 Issue  
 Size  Rs 20 million
 Price  Rs 10
 On Application  Rs 5
 On Allotment  Rs 5
 Objective  Funding of software development project cost, set up overseas office, working capital
 Business  
 Product  Software development, e-commerce related services, banking solutions, WAP solutions, manpower consultancy, software consultancy, software education
 Location  Hyderabad
 Project cost  Rs 67.31 million
 Funded by  Equity, term loan, internal accruals
 Kensource projections  (2001)
 Sales  Rs 35 million
 Profit  Rs 4 million
 Earnings per share  Re 0.53
 Forward P/E  19
 Post-issue equity  Rs 60.2 million
 Return on equity  5%
 Comment Bulk of revenue still comes from training. Poor margins. The portals are not something to write home about. Fantastic projections.
 Rating *  D

* A=Subscribe & Hold; B = Subscribe & Watch; C=Subscribe & Sell; D = Avoid; E = Buy post-listing

By Kensource Information Services Pvt Ltd.

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IPO Analysis

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