Net 4 India Ltd. ( buy)

Net 4 India Ltd.:-


Net 4 India Ltd has informed that M/s. Bonnett Coleman & Co. Ltd., has agreed to invest in the Equity Shares of the Company to the tune of 500,000 equity shares of Rs 10/- each at a premium of Rs 90 per share; subject to the approval of the Board at Directors and also requisite compliance of the listing and SEBI Guidelines


Founded in 1999, by professionals from U.K., the company has grown multifold within a very short period of time. It has built several successful brands including 'Net4Domains' and 'Phonewala'.Today, Net4India in association with Trak Online Net India Pvt Ltd, is among the leading Internet services company in India and the largest provider of data center services and domain name registration in Asia Pacific. It has over 1, 50,000 unique clients and executes nearly 280 new transactions everyday.The Company headquarters are located in New Delhi (India) and has business offices in Ahmedabad, Bangalore, Chennai, Cochin, Coimbatore, Mumbai, Chandigarh, Delhi, Kolkata, Hyderabad and Pune. It operates its Internet Data Center facilities in 6 cities. These data centers are built using the world’s best technologies (Cisco, Intel, etc.) and are equipped with state-of-the-art security, monitoring and management systems. Net4 provides the following services:Consumer Services PC-Phone Calling Cards Call Shops Business Solutions Small Business Solutions Enterprise solutions VoIP Products Dial-up Devices Ethernet/Broadband Devices Multiport Devices Leased Line Services Broadband Access Fixed Wireless AccessWeb Presence ServicesData Centre ServicesCorporate Email Solutions

The company, which is part of the UK based Sawhney group of companies, will provide a number of value added services to the user giving end-to-end solutions. The services will include Internet access, e-mail, web hosting, e-commerce, web design, web strategy consulting and Internet marketing.
Net4 India will be offering assistance in strategising, consultancy, database distribution management and customer services.
i am expecting 5-7 rs e.p.s and consolidated eps of 10.rs. for full year .

buy with a price target 200 in six months