FINANCIAL SUMMARY OF RELIANCE INFRATEL ISSUE AS ON 31-03-2009.

IMPORTANT FIG OF BALANCE SHEET
1) FIXED ASSETS - 18,557.85 CR.
2) CURRENT ASSETS, LOANS AND ADVANCES - 2,203.48 CR.
3) LIABILITIES & PROVISIONS - 16,724.57 CR.
4) Net Worth - 4,036.77 CR.

INPORTANT FIG FROM PL AC. AS ON 31-3-2009.

Total Income - 4,934 CR.
(including Net Service and Lease Revenue & Other Income )

2) EXPENDITURE -1,553.82 CR.

3) Operating Profit/(Loss) before Depreciation and
Adjustment pursuant to the Scheme of
Arrangement - 3,250.82 CR.
4)Profit/(Loss) after Tax - 1,685.70 CR.

OTHER FINANCIALS :
Cash and Bank Balances - 154 CR.
Loans and Advances - 491 CR.
BALANCE CARRIED FORWARD RESTATED - 2,006.30

Issue of Equity Shares - 156,000,000*

Equity Shares outstanding prior to the Issue - 1,396,570,934
Equity Shares outstanding after the Issue - 1,552,570,934*

Amount Payable per Equity Share (Rs.) - 10
On Application - 2.5
By Due Date for Balance Amount Payable - 7.5

CAPITAL STRUCTURE

1) AUTHORISED SHARE CAPITAL - 2500 CR
2) ISSUED, SUBSCRIBED AND PAID UP SHARE CAPITAL BEFORE THE ISSUE -
A) 1396570934 Equity Shares of Rs. 10 each - 1,396.57 CR.
B) 15000000 Preference Shares of Rs. 10 each- 15 CR

3) PRESENT ISSUE IN TERMS OF THIS DRAFT RED HERRING PROSPECTUS* -

156,000,000 Equity Shares of Rs. 10 each - 156 CR

4)EQUITY CAPITAL AFTER THE ISSUE -
1,552,570,934 Equity Shares of Rs. 10 each - 1552.5

Equity Shares held by top shareholders IN %.

1. Reliance Communications Infrastructure Limited 79.71
2. Reliance Globalcom B.V. 10.00
3. Reliance Telecom (Cyprus) Holdings Limited 4.79
4. HSBC Daisy Investments (Mauritius) Limited 1.19
5. GLG Emerging Markets Fund 0.74
6. Drawbridge Towers Limited 0.74
7. Reliance ADA Group Trustees Private Limited 0.50
8. Galleon Technology Offshore Limited 0.37
9. Investment Partners B (Mauritius) Limited 0.37
10. Quantum (M) Limited 0.37
Total 98.78

Thanks for information.

it looks more than a red herring prospectous
good collection

yes mam, it is from draft hearing prospectus.

u r welcome sir,

what is the conclusion? is rcom worth or not? your opinion plz.

no conclusion, dont worry, thanks.

y should i worry? i can`t understand ur answer.

good compilation... sharukhji

thx mam. what is your take from that? i want to know ur opinion about rcom (in infratel context).

last year 5% stake of infratel was sold by AA at rs. 1400 cr. (total valuation 28000 cr of rit). In this issue AA wants rs. 5000-6000 Cr. for 10% stake sell.valuation is almost double in year time).
(revenue n profit also double in a year time, big 100% gain. n people talking about telecom sector dying.)
I think telecom sector is dying only for retail,small investor, big players double their money every year. i.e. rel infratel,unitech etc....

bazeegar
what had changed since the balance sheet of 31-3-09 is that revenues are falling.

Thanks for the info.
I feel this is just another begging bowl. Look at RPower price. Stocks and NF moving ahead so well and it is still languishing.

i do not think , this will get widespread response , though anil would like to push thru mega ipo...

I feel the telecom sector have been shown as dying and prices of all the companys have crashed just to prevent huge participation in the upcoming 3g aution.

once the 3g auction is through we all can see where these companys share price will trade.

Hi! Dont only copy & paste these informations. If you are an analyst you should prove it with your detailed comments with justification. According to me this is a short bad time for rcom. Once things start improving it will fly like a rocket. We can expect short coverings next month

BAZEEGAR-Very good information on RELIANCE INFRATEL ltd!!FINANCIAL SUMMARY OF RELIANCE INFRATEL is excellent!!