Business Line ( 18 Aug ) carries following news :
Highlights :
·
In Jan 2018 , its paid up capital was Rs
460 cr
·
Revenue : Rs 1200 cr in 2016-17 / Rs
1400 cr in 2017-18
·
Revenue target : Rs 3000 cr in 2018-19
·
Capital Expenditure proposed for
2018-19 : Rs 6,000 cr
·
Amount to be raised through DEBT : Rs
4,800 cr ( 80 % of Rs 6,000 cr )
·
Comprising : Domestic Borrowing of Rs 2,000
cr / Rs 2,000 cr of Bonds
I suppose , EESL needs that Rs 6,000 cr of Capital
Expenditure to “ BUY
“ , those ELECTRIC CARS ( each priced at Rs 11 lakhs ) from TATA and M&M
But , if it were to “ LEASE
“ those cars ( from TATA / M&M ) , instead of “ BUYING
“ , then I suppose EESL would NOT need that CAPITAL EXPENDITURE !
If anything , it might have a monthly “ LEASE INCOME “
( through sub-leasing of those cars to various Govt Depts ) which would be far in
excess of the “ LEASE RENT “ that it would pay to TATA / M&M !
A positive “
Working Capital “ !
I , once again urge Shri
Saurabh Kumarji , to go through my suggestions in following emails :
EESL
: Grab this chance ! [ 01
Aug 2018 ]
You may be able to :
·
Avoid market borrowing of Rs 4800 cr
at 12 % interest
·
Service additional Equity
·
Avoid IPO
19
Aug 2018
www.hemenparekh.in
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