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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (8011)	10/8/1999 9:26:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

IPOwatch: Logix Microsystems Ltd logixindia.com Logix Micro plans public issue to finance expansion THE BANGALORE-based Logix Microsystems Ltd is making a public offer of equity shares of Rs 10 each at a premium of Rs 10 aggregating to Rs 2.60 crore. The turnover this fiscal is projected at Rs 12.5 crore and the net profit at Rs 2.2 crore, while the post-issue equity base will be Rs 5.10 crore, said Mr Sanjay Soni, managing director, Logix. The public issue is towards part financing the company?s expansion with an investment of Rs 6 crore. (et)