Hi Vishnuindian,
Have some patience. This is for Teledata Investors :
Teledata Informatics Ltd had announced that, it plans to split the Company into three separate entities, focusing on specific businesses. The demerged entities will be Teledata Marine Solutions Ltd, Teledata Technology Solutions Ltd and Teledata Informatics Ltd (the Company).
Explaining the logic for the demerger, the Companys Managing Director, Mr. K Padmanabhan said that each business was distinct and had significant potential for growth The de-merger will ensure better operational management and focus on accelerated growth of individual units and will also ensure higher returns. The restructuring will enable greater focus on the respective business operations and products and provide scope for independent collaboration and expansion, he said. Moreover, the de-merger will create potential to attract different set of investors, strategic partners and lenders for each business, thereby unlocking and enhancing value for shareholders and other stakeholders, Mr. K Padmanabhan said.
The scheme has been filed with the Chennai High Court for its approval and it was approved.
1. Activities of Demerged divisions:
A. Teledata Marine Solutions Ltd:
- Logistics Software Products and solutions
- Marine software solutions
- E learning solutions
- Ship owning & Ship management
- Logistics management
- Environmental pollution certification
- Port management & LPG distribution
- Marine Insurance Services
B. Teledata Technology Solutions Ltd:
- ERP (Oracle, SAP, JD Edwards, Navision)
- CRM (Clarify)
The above include projects, consulting and recruitment
C. Teledata Informatics Ltd:
- Education
- Utility
- Communication
- Agro Biotech
2. Subsidiaries in each de-merged entity:
A. Teledata Marine Solutions Ltd:
- ECM Maritime Services
- Sirius Marine Services Pte Ltd
- Sirius shipping Company Ltd
- Picnic Marine Co Ltd
- Navakun Transport Ltd
- SBC Data systems
B. Teledata Technology Solutions Ltd:
- Transworld Information Systems
- Bitech International LLC, Dubai
- Alphasoft Services corporation
- Datamethods
- Bitech International Pte Ltd, Singapore
- Nemera International Co Ltd
- Netsol Technologies Ltd
- Vanguard Technologies Pvt Ltd
- Daan Consulting Inc
C. Teledata Informatics Ltd:
- Hyper Sascom Ltd
- Teledata Education Management Systems Ltd
- Insoft Systems Pte Ltd
- iMax Networks Ltd
- Voicetec International
- Kryptos Networks Pvt Ltd
Transfer of Assets & Liabilities to Teledata Marine Solutions Ltd:
Part A
Fixed Assets : 41.43 Crores
Current Assets : 213.64 Crores
Investments : 14.59 Crores
Part B
Liabilities : 56.04
Book Value of Assets over liabilities aggregates to Rs 213.62 crores
Transfer of Assets & Liabilities to Teledata Technology Solutions Ltd:
Part A
Fixed Assets : Nil
Investments : 76.57
Part B
Liabilities : Nil
Book Value of Assets over liabilities aggregates to Rs 76.57 crores
Balance With Teledata Informatics Ltd:
Part A
Fixed Assets : 65.45 Crores
Current Assets : 174.34 Crores
Investments : 15.23 Crores
Part B
Liabilities : 51.49
Book Value of Assets over liabilities aggregates to Rs 203.49 crores
Equity Share Capital (Post Demerger)
Teledata Informatics Ltd - Rs 39.33 Crores
19.66 Crore equity shares of Rs 2 each
Teledata Marine Solutions Ltd - Rs 29.49 Crores
14.748 Crore equity shares of Rs 2 each
Teledata Technology Solutions Ltd - Rs 29.16 Crores
14.58 Crore equity shares of Rs 2 each
How many shares, the present share holders will get after the demerger
After the demerger, for 100 shares of Teledata Informatics Ltd, Shareholders will get: After the Demerger - No of Shares
Teledata Informatics Ltd - 100
Teledata Marine Solutions Ltd - 50
Teledata Technology Solutions Ltd - 50
The present shareholders will be entitled to the shares of all three companies subsequent to the demerger in the ratio of 2:1:1 i.e. for every 2 shares held in Teledata Informatics Ltd. the shareholder will be additionally entitled to one share each in Teledata Marine Solutions Ltd and Teledata Technology Solutions Limited.
Buying 100 shares of Teledata Infomatics @ Rs. 58 will result in 100 shares of Teledata Infomatics , 50 shares of TD Marines and 50 shares of TD Technology.For FY 08 Expected EPS of Teledata Infomatics is Rs. 12 , of TD Marine Rs. 30 and of TD Technology is Rs. 20. Even at P/E of 5 the share appears to be a multibagger.
A Definite hold for 1 year till Dec 2008 for good gains.
Have some patience. This is for Teledata Investors :
Teledata Informatics Ltd had announced that, it plans to split the Company into three separate entities, focusing on specific businesses. The demerged entities will be Teledata Marine Solutions Ltd, Teledata Technology Solutions Ltd and Teledata Informatics Ltd (the Company).
Explaining the logic for the demerger, the Companys Managing Director, Mr. K Padmanabhan said that each business was distinct and had significant potential for growth The de-merger will ensure better operational management and focus on accelerated growth of individual units and will also ensure higher returns. The restructuring will enable greater focus on the respective business operations and products and provide scope for independent collaboration and expansion, he said. Moreover, the de-merger will create potential to attract different set of investors, strategic partners and lenders for each business, thereby unlocking and enhancing value for shareholders and other stakeholders, Mr. K Padmanabhan said.
The scheme has been filed with the Chennai High Court for its approval and it was approved.
1. Activities of Demerged divisions:
A. Teledata Marine Solutions Ltd:
- Logistics Software Products and solutions
- Marine software solutions
- E learning solutions
- Ship owning & Ship management
- Logistics management
- Environmental pollution certification
- Port management & LPG distribution
- Marine Insurance Services
B. Teledata Technology Solutions Ltd:
- ERP (Oracle, SAP, JD Edwards, Navision)
- CRM (Clarify)
The above include projects, consulting and recruitment
C. Teledata Informatics Ltd:
- Education
- Utility
- Communication
- Agro Biotech
2. Subsidiaries in each de-merged entity:
A. Teledata Marine Solutions Ltd:
- ECM Maritime Services
- Sirius Marine Services Pte Ltd
- Sirius shipping Company Ltd
- Picnic Marine Co Ltd
- Navakun Transport Ltd
- SBC Data systems
B. Teledata Technology Solutions Ltd:
- Transworld Information Systems
- Bitech International LLC, Dubai
- Alphasoft Services corporation
- Datamethods
- Bitech International Pte Ltd, Singapore
- Nemera International Co Ltd
- Netsol Technologies Ltd
- Vanguard Technologies Pvt Ltd
- Daan Consulting Inc
C. Teledata Informatics Ltd:
- Hyper Sascom Ltd
- Teledata Education Management Systems Ltd
- Insoft Systems Pte Ltd
- iMax Networks Ltd
- Voicetec International
- Kryptos Networks Pvt Ltd
Transfer of Assets & Liabilities to Teledata Marine Solutions Ltd:
Part A
Fixed Assets : 41.43 Crores
Current Assets : 213.64 Crores
Investments : 14.59 Crores
Part B
Liabilities : 56.04
Book Value of Assets over liabilities aggregates to Rs 213.62 crores
Transfer of Assets & Liabilities to Teledata Technology Solutions Ltd:
Part A
Fixed Assets : Nil
Investments : 76.57
Part B
Liabilities : Nil
Book Value of Assets over liabilities aggregates to Rs 76.57 crores
Balance With Teledata Informatics Ltd:
Part A
Fixed Assets : 65.45 Crores
Current Assets : 174.34 Crores
Investments : 15.23 Crores
Part B
Liabilities : 51.49
Book Value of Assets over liabilities aggregates to Rs 203.49 crores
Equity Share Capital (Post Demerger)
Teledata Informatics Ltd - Rs 39.33 Crores
19.66 Crore equity shares of Rs 2 each
Teledata Marine Solutions Ltd - Rs 29.49 Crores
14.748 Crore equity shares of Rs 2 each
Teledata Technology Solutions Ltd - Rs 29.16 Crores
14.58 Crore equity shares of Rs 2 each
How many shares, the present share holders will get after the demerger
After the demerger, for 100 shares of Teledata Informatics Ltd, Shareholders will get: After the Demerger - No of Shares
Teledata Informatics Ltd - 100
Teledata Marine Solutions Ltd - 50
Teledata Technology Solutions Ltd - 50
The present shareholders will be entitled to the shares of all three companies subsequent to the demerger in the ratio of 2:1:1 i.e. for every 2 shares held in Teledata Informatics Ltd. the shareholder will be additionally entitled to one share each in Teledata Marine Solutions Ltd and Teledata Technology Solutions Limited.
Buying 100 shares of Teledata Infomatics @ Rs. 58 will result in 100 shares of Teledata Infomatics , 50 shares of TD Marines and 50 shares of TD Technology.For FY 08 Expected EPS of Teledata Infomatics is Rs. 12 , of TD Marine Rs. 30 and of TD Technology is Rs. 20. Even at P/E of 5 the share appears to be a multibagger.
A Definite hold for 1 year till Dec 2008 for good gains.