SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kavveri Telecom Products to raise up to Rs 7.5 crore via private placement of equity to QIB’s

04 Jul 2011 Evaluate

Kavveri Telecom Products has decided to raise funds up to Rs 7.5 crore by the way of private placement of equity to Qualified Institutional Buyers (QIB). Moreover, the company has appointed ENAM Securities for raising funds.

The company’s shareholders at the extra ordinary general meeting (EGM) held on July 04, 2011 have approved raising of the funds and also at the same meeting decided to increase authorized capital from existing Rs 20 crore to Rs 25 crore and the consequent alteration to capital clause in the Memorandum of Association of the company.

The company’s net profit for the fourth quarter rose by 16.54% at Rs 7.75 crore as compared to Rs 6.65 crore for the corresponding quarter last year. Its total income increased by 37.19% at Rs 76.25 crore for the quarter under review from Rs 55.58 crore in the corresponding previous quarter. Meanwhile, the company registered a growth of 9.53% in its net profit for FY11 at Rs 34.12 crore as compared to Rs 31.15 crore for FY10.

Kavveri Telecom Products is a leading telecom products manufacturer, providing world-class hardware products and solutions for the telecom, defense and space industry. Kavveri Telecom combines expertise with experience to deliver state-of-art products and solutions spanning the wide spectrum of wireless Telecommunications. The diverse range of products manufactured by Kavveri Telecom includes Antennas, RFComponents, Repeaters, TMA / TMB etc.

Kavveri Def. Wireles Share Price

64.18 3.05 (4.99%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tejas Networks 443.40
ITI 292.35
Sedemac Mechatronics 1647.80
Black Box 524.25
Quadrant Televenture 0.34
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×