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Open
1 Nov 2004
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Close
8 Nov 2004
3
Allotment
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Listing
Thu, Dec 2, 2004
Price Band
₹25 per share
Issue Size
30,15,000 shares (agg. up to ₹8 Cr)
Listing Date
Thu, Dec 2, 2004
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 47.05x |
Restated Financials (₹ Cr.)
| Period Ended | 30 May 2004 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Total Income | 16.56 | 61.95 | 47.55 |
| Profit After Tax | 1.31 | 6.32 | 1.93 |
| NET Worth | 29.77 | 28.46 | 22.15 |
| Reserves and Surplus | 22.79 | 21.48 | 15.17 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| I-Power Solutions India Ltd. | Mainboard | ₹1.11 Cr | ₹10 | null | ₹24.85 | +148.50% | ₹17.17 (+4.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lease Deposit | 0.68 |
| 2 | Land & Building | 8.80 |
| 3 | Equipments | 19.68 |
| 4 | Computers & Others | 2.19 |
| 5 | Electrification | 2.61 |
| 6 | Furniture & Fixture | 4.15 |
| 7 | Preliminary & Pre-operative (including issue expenses) | 1.24 |
| Total | 39.35 |
About Spanco Telesystems Solutions IPO
Originally incorporated in 1984 as Kadambari Leasing Ltd., the company was initially engaged in leasing and hire purchase activities. In 1999, it acquired the telecom business of Spanco Telesystems Ltd. and changed its name to Spanco Telesystems and Solutions Ltd. to focus on telecom system integration and IT-enabled services. The company provides telecom networking and communication infrastructure solutions involving the integration of voice, data, and video communication systems. Its offerings include access network solutions, WAN and LAN integration, radio and satellite communication systems, DSL solutions, video conferencing systems, and campus-wide networking infrastructure. Spanco also offers end-to-end call centre infrastructure solutions, including WAN and LAN integration, CRM integration, IVRS systems, predictive diallers, ACD-enabled switches, and report generation software. The company additionally provides installation, testing, commissioning, and post-integration support services in India and overseas. The company serves sectors such as defence, public sector utilities, railways, oil companies, telecom carriers, and corporates. It has executed projects involving data n
Contact Details
Spanco Telesystems & Solutions Ltd. AddressB-22, Krishna BhuvanB.S.Deoshi MargDeonarMumbai, Maharashtra, 400088contact@spancotele.comVisit Website