Kellton Tech – Fast growing IT guy in ISMAC space

With all due respect, I think it would have been good to have a more balanced view including risks and few other points, etc,.

For e.g.

1. What are the risks associated?

2. What other businesses have promoters been into if they are serial entrepreneurs, i.e. their track record etc,.?

3. What is the focus of promoters on this business i.e. they being serial entrepreneurs, are they involved in other businesses too at present?

4. Kellton seems to have multiple other business interests like:
   Kellton Commodity & Derivatives Pvt. Ltd
   Kellton Infra Pvt. Ltd.
   Kellton Financial Services Pvt. Ltd.
   Kellton Insurance Services Pvt. Ltd.
   Kellton Securities Pvt. Ltd.
   What is Kellton doing with all these businesses? Any relation with Kellton tech? Are their any other group companies?

5. What synergy or value add or capabilities have the acquisitions brought in? Are they just to acquire more customers or do these acquisitions bring in specific skills that were missing?

6. More details on margins, EPS accretiveness, funding of acquisitions, etc,.?

7. More details on nature of work i.e. run of the mill work or say any niche, etc,.?

8. Views on dilution (past, present, future)?

9. Basic note on financials and/or valuations?

Also, I think expected topline of 600 Crs is by FY16 (I just glanced through a news item headline on moneycontrol on Kellton’s page).

I had a look at Rs.30, but gave it a pass as wasn’t able to find many answers and didn’t understand the differentiating factors etc,. very well.

Making the suggestion in the spirit of admin’s (@adminph2) and moderator’s focus on presenting a balanced view, as the starting post doesn’t give much information.

Kind Regards.