South Asian Enterprises Ltd

South Asian Enterprises Ltd (526477)


Key Stats

Day's Price Range
52-Week Price Range
3 Month Return22.27 %
1 Year Return77.6 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 393
Rank 411
Rank 215
Dividend Yield
Rank 110
Rank 686
Price To Book Ratio
Debt To Asset
Rank 372

Company Information

Formerly South Asian Entertainment South Asian Enterprises SAEL was incorporated in 1989 and is in the business of recreation and amusement parks. Since SAEL plans to diversify into various other activities its name is changed from South Asian Entertainment to the present one. Now SAEL propose to explore real estate business. To reflect the true nature of its activities it is proposed to change the name to VLS Real Estate Ltd. V K Goel is the chairman and T B Gupta is the managing director. The company has been operating an amusement park in Kanpur since Mar.91.It came out with a Rs 6cr public issue premium: Rs 20 in Mar.94 to partfinance the Rs 10cr project of installing new rides and assets at the Noida and Lucknow amusement parks at a cost of Rs 4 cr and Rs 6 cr respectively. Of the project cost of Rs 10 cr Rs 5.22 cr has been paid towards the purchase and commissioning of the new rides purchase of assets etc and the development of the Kanpur and Lucknow amusement parks while Rs 3.60 lac was deployed for the development of holiday resorts in Jaipur. The site for the Noida project has not been allotted. It is proposed to explore real estate business in a big way by focussing on investing the funds in acquisition of land and properties for investment purposes.
OrganisationSouth Asian Enterprises Ltd