*Asian Business Exhibitions and Conferences ltd*. have come out with an IPO of 5.6 mn equity shares.The BRLM to this IPO is Anand Rathi Advisors Ltd.
ABEC organizes exhibitions, fairs, conferences and corporate launches. Various B2B & B2C exhibitions and trade shows owned / organized by ABEC are ACETECH, GlassCon, OfficeExpo, Glamour, Glitter, Shagun, International Property Fair, AV Revolution, India International Engineering Expo (IIEE), TGTech, Safety, Security and Disaster Management Expo (ISSDM), Smartcard Expo, Asia IT Expo. The Promoters of ABEC are *Surendra Mohan Singh Gandhi* and his sons *Sumit & Manish Gandhi*.The promoters and Promoter group hold 8.5 mn equity shares of the company.It became 100% holder of its subsidiary Oil Asia Publication Private Limited as on 1st April 2009. The Company intends to Purchase Semi Permanent Exhibition Structure (SPEC) and allied components, Exhibition/ exhibition brands & stall designing and fabrication companies. ABEC has reported Revenue of Rs.456.4 mn as on March 2009 as against Rs.275.6 mn in March 2008. (Increase of 65%).It’s NPAT as on March 2009 is Rs.49.6 mn as against 23.9 mn in March 2008. (Increase of 100%). Some of its Competitors are Afairs Exhibitions & Media Private Limited, Conventions & Fairs (India) Private Limited, BUYSELL INTERACTIONS (P) LTD, Comnet Conferences, Expomedia Events India (P) Ltd. (EME India), India Exhibition & Conference Services Private Limited. -- Regards Hardik Shah -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
