Deepak Cables set to raise Rs 200 cr from PE investors

Deepak Cables (Papa Rao Karuturi Chairman), the Bangalore-based Rs 750 crore EPC (engineering, procurement, construction) player in the power sector, is set to raise Rs 200 crore through the private equity route.

UTI Ventures is leading the round with an investment of close to Rs 80 crore in this 25-year old firm, which makes cables for transmission & distribution of power.

The other investors are expected to be finalised in a month's time. UTI Ventures MD Raja Kumar confirmed this investment, but however declined to give out further details. O3 Capital, a boutique investment firm, is advising Deepak Cables on this transaction.

The power ancillaries' sector has been attracting a lot of private equity interest over the past 18 months given the increasing thrust which is being put from the Indian government to ramp up the power generation capacity.

Independent research data indicate that during the past 6 quarters close to $2.14 billion of PE money has been invested in the Indian power sector.

"Going forward, an on average of the annual $20 billion PE investments anticipated into Indian companies, 20 per cent is expected to be routed in to the power sector and this is expected to be sustained over the next three years," a PE analyst detailed.

The advantage Deepak Cables brings to the table is that the company has a cable manufacturing unit which rides in with EPC contract thus enabling the company to control cost.

According to industry information, the company is turning in a net of close to Rs 80 crore and is expected to scale up significantly as it aims at a topline of Rs 1400 crore during FY09.

According to information available, Deepak Cables generates 70 per cent of its sales through EPC contracts while the rest from selling cables to third parties.

"Deepak Cables has been extremely active in the South Indian region having aligned itself closely to power generation and distribution firms. The company is now actively scaling up its operations to tap in to Punjab, Madhya Pradesh, Bihar," a source detailed adding that Middle East is also an region which this company is eyeing.

Comments

Kamma Cine Heroes

1) N.T.Rama Rao 2) Akkineni Nageswara Rao 3) Gattamaneni Krishna 4) Sobhan Babu (Uppu Sobhana Chalapathi Rao) 5) Gummadi Venkatwsara Rao 6) Maganti Murali Mohan 7) Manchu Mohan Babu 8) Kongara Jaggayya 9) Giri babu (Yerra Seshagiri Rao) 10) Sridhar Surapaneni 11) Madala Ranga rao 12) Nandamuri Bala Krishna 13) SaiChand Tripuraneni 14) Akkineni Nagarjuna 15) Daggubati Venkatesh 16) Gadde Rajendra Prasad 17) Raja Sekhar (Kasukurthi) 18) Daggubati Raja 19) Bhagya Raj 20) Nandamuri Hari Krishna 21) Veeramachineni Jagapathi Babu 22) Meka Srikanth 23) Vadde Naveen 24) Tottempudi Venu 25) Gattamaneni Mahesh Babu 26) Junior. N.T.R 27) Sivaji Sontineni 28) Nandamuri Taraka Ratna 29) Nandamuri Kalyanaram 30) Yarlagadda Sumanth 31) Tottempudi Gopi Chand 32) Manchu Vishnu Vardhan 33) Manchu Manoj 34) Edara Naresh 35) Edara Aryan Rajesh 36) Ram Pothineni 37) Myneni Sarvanand 38) Daggubati Rana 39) Akkineni Naga Chaitanya 40) Nani (Ghanta Naveen Kum...

Kamma Movie Directors

List of Kamma Movie Ditrectors 1) Gudavalli Ramabrahmam 2) Akkineni Lakshmi Vara Prasad (LV Prasad) 3) Kovelamudi Bapayya 4) Veeramachineni Madhusudhana Rao 5) Kovelamudi S.Prakasa Rao 6) Kolli Pratyagatma 7) G.Sambasiva Rao 8) Tammareddy Krishnamurthy 9) Mannava Balayya 10) Tatineni Prakasa Rao 11) Tatineni Rama Rao 12) Tatineni Prasad 13) Kovelamudi Raghavendra Rao 14) Gutta Ramineedu 15) Kolli Hemambaradhara Rao 16) Uppalapati Visveswara Rao 17) Tripuraneni Maharadhi 18) Tripuraneni Gopichand 19) Tottempudi Krishna 20) Madala Ranga Rao 21) Siva Nageswara Rao 22) Uppalapati Narayana Rao 23) P.Sarat 24) A.Mohan Gandhi 25) Bezawada Gopal 26) T.Kranthi Kumar 27) Maganti Vijaya Bapineedu 28) Tammareddy Bharadwaj 29) Akkineni Kutumba Rao 30) K.Vasu 31) Edara VV Satyanarayana 32) Muppalaneni Siva 33) Yalamanchili VS Chowdary 34) Theja Jasti 35) Sreenu Vytla 36) Koduri Srisaila Sri Rajamouli 37) Vemulapalli Srikanth 38) AS Ravikumar Chowdary 39)...

List of 30 Kamma Billionaires and rankings

The IIFL Wealth Hurun India Rich List 2021 shows that India has more than 1,000 individuals who have a net worth of ₹ 1,000 crore or more across 119 cities. The cumulative wealth in the country has gone up by 51 per cent, while the average wealth has also increased by 25 per cent, the report by Hurun India said. 30 Kamma business and industrialists finds place in the list from AP, Tamilnadu, Karnataka and Maharashtra. 14. Murali Divi Rs76,000 crores Divis Laboratories 179. Venkateswarlu Jasti 9,600 crores Suven Pharma 190. Veeraiah Chowdary Nannapaneni 9,100 crores NATCO Laboratories 209. Chava Satyanarayana 8,400 crores Laurus Labs 264. Satya Nadella 6,200 crores Microsoft 368. Mandava PrabhakaraRao 4,300 crores Nuziveedu seeds 377. Ella KrishnaMurthy 4,100 crores Bharat Biotech 384. Doppalapudi Bhaktavatsala Rao 4000 crores Privi Speciality Chemicals 398. Galla Ramachandra Naidu 3,900 crores Amara Raja Batteries 398. Chinta VisveswaraRao 3,900 crores...

List of Kamma Cine Heroes (Updated)

List of Kamma Movie stars: 1) Nandamuri Taraka Rama Rao 2) Akkineni Nageswara Rao 3) Gattamaneni Krishna 4) Sobhan Babu (Uppu Sobhana Chalapathi Rao) 5) Gummadi Venkatwsara Rao 6) Maganti Murali Mohan 7) Manchu Mohan Babu 8) Kongara Jaggayya 9) Giri babu (Yerra Seshagiri Rao) 10) Sridhar Surapaneni (Mutyalamuggu fame) 11) Madala Ranga rao 12) Nandamuri Bala Krishna 13) SaiChand Tripuraneni 14) Akkineni Nagarjuna 15) Daggubati Venkatesh 16) Gadde Rajendra Prasad 17) Raja Sekhar (Kasukurthi) 18) Daggubati Raja 19) Bhagya Raj 20) Nandamuri Hari Krishna 21) Veeramachineni Jagapathi Babu 22) Meka Srikanth 23) Vadde Naveen 24) Tottempudi Venu 25) Gattamaneni Mahesh Babu 26) Junior. N.T.R 27) Sivaji Sontineni 28) Nandamuri Taraka Ratna 29) Nandamuri Kalyanaram 30) Yarlagadda Sumanth 31) Tottempudi Gopi Chand 32) Manchu Vishnu Vardhan 33) Manchu Manoj 34) Edara Naresh 35) Edara Aryan Rajesh 36) Ram Pothineni 37) Myneni Sarvanand 38) Daggubati Rana...

The Great Mikkilineni and Pemmasani Rulers of Gandikota

Gandikota is a small village on the right bank of the river Pennar, 15 km from Jammalamadugu in Kadapa district, Andhra Pradesh. Gandikota was one of the greatest forts of south India in its hay days and so were the kings who ruled the region. Years after its formation, Gandikota fort was ruled by the Mikkilineni dynasty of Bharadwaja gotra who belonged to a clan of Kamma lords. Kammas were kings belonging to the Solar, lunar and Haihaya clans of Kshatriyas and were said to be ferocious in nature. The kings of Gandikota were equally famous and said to be so powerful, that they could severe the heads of a horseman and the horse with a single stroke of the sword. The location of the fort and the security it offered attracted most of the enemy kings for conquering. Raghunatha Swamy temple - Gandikota History of later Gandikota Kings: In the year 1350 A.D. the Mikkilineni King Rama Naidu , who did not have sons, got his only daughter married to Pemmasani Kumara Th...

Kamma IPS officers

Kamma IPS officers (Past and Present) 1. Pendurthi S.Ramamohana Rao 2. Kommareddi Ramamohana Rao 3. K.V.Appa Rao 4. P.D.Koteswara Rao 5. Chirumamilla Venkata Narasaiah 6. Prattipati Gowtham Kumar 7. Mandava Lakshmi Narayana 8. K.Sadasiva Rao 9. Yendluri Anil Kumar 10. P.S.Prasad 11. C.R.Naidu 12. N.V.Surendra Babu 13. Jasti Venkata Ramudu 14. Boyapati Dinakar Prasad 15. Chadalawada Umesh Chandra 16. Maganti Kantha Rao 17. Goduguluri Srinivasa Rao 18. Ammineni. R. Srinivasa Rao 19. Kode Durga Prasad 20. Mannam Malakondaiah 21. Aluri Venkateswara rao 22. P. Appa Rao 23. Mandava VishnuVardhan Rao 24. Alluri Srinivas (DIG-CRPF) 25. Muvva Chandra Sekhar 26. M.Punna Rao 27. Athota Malakondaiah 28. Thummala Vikram 29. E.Damodar 30. Parvathaneni Sai Prasad 31. Chitturi Prasad 32. Kalluri Siva Rama Prasad 33. Dr.K Ramachandra Rao (IGP - Karnataka) 34. M.V.Rao 35. Kondaveeti Rajendra Kumar 36. Pullela Murali Mohana Rao 37. ...

Telugu TV Channels own and run by Kammas

1) ETV - Cherukuri Ramoji Rao 2) Gemini - Akkineni Manohara Prasad (Founder and stake holder) 3) MAA - (MAA - Music, MAA Movies) Nimmagadda Prasad, Akkineni Nagarjuna (Majority stake holders - Then sold to Sony) 4) TV9 - Velicheti Ravi Prakash, minority stake holder holds the grip 5) ETV2 - Cherukuri Ramoji Rao 6) TV 5 - Bollineni Rajagopala Naidu 7) NTV - Tummala Narendranath chowdary 8) Studio N - Narne Srinivasa Rao, sold to SivaramPrasad Vasireddi 9) Mahaa TV - Inaganti Venkatarao now taken over by Sujana Chowdary 10) I News - Tummala Narendra and Sabbineni Surendra (sold to Kiran Kumar Reddy) 11) ABN Andhra Jyothi - Radhakrishna Vemuri 12) Bhakti - Tummala Narendranath Chowdary 13) Vanitha - Tummala Narendranath Chowdary 14) ATV - Anil Sunkara 15) CVR News - Chalasani Venkateswara Rao 16) CVR Health - Chalasani Venkateswara Rao 17) Om TV - Chalasani Venkateswara Rao 18) YTV - Yalamanchili Venkateswara Rao (Aired from Vizag) 19) Express ...

Pharma Entrepreneur Chava Satyanarayana Joins Billionaire Ranks

India’s pharma sector, which has been in the spotlight during the pandemic, has just minted a new billionaire. Satyanarayana Chava , 60, founder and CEO of the $658 million (revenue) Laurus Labs —an integrated pharma and biotech company which makes everything from pharma ingredients to enzymes and proteins—saw his personal net worth cross $1.1 billion after shares of his company jumped this week. The stock has risen 176% in the past 12 months. Laurus Labs supplies pharma ingredients for drugs to treat HIV, cancer, asthma and diabetes. The company says that one out of three HIV-infected patients in low and middle income countries are taking meds with ingredients supplied by Laurus Labs. It has marquee clients, including some of the world’s big pharma players, who buy pharma intermediates, generics and contract manufacturing research services from Laurus. For the fiscal year ended March 31, 2021, the company recorded a 70% uptick in revenue and a 286% surge in net profit to 9.8 billion r...

List of Kamma Beauty Queens (9)

Leela Naidu 1) Nina Davuluri - Miss NewYork ( USA ) and Miss USA 2013 2) Leela Naidu Prattipati - Miss India 1954 3) Sindhura Gadde - Miss India World 2005 and Semi Finalist Miss World 2005 4) Vasuki Sunkavalli - Miss Universe India 2011 5) Kerishnie Naicker - Miss South Africa 1997 6) Pratima Yarlagadda - Miss Indiana ( USA ) 1999 and Finalist Miss USA 1999 7) Kaisha Naidoo - Miss South Africa finalist 2010 8) Sandhya Naidoo - Miss South Africa finalist 2010 ( Second Princess at the Miss SA Teen competition in 2005) 9) Shravya Kalyanapu - Miss Alberta state - Miss World Canada 2017

NTR Health Univarstiy PG Medical Entrance Exam topper: Immani Srivani

NTR Health Univarstiy PG Medical Entrance Exam results Released on March 23, 2012.Andhra University Topper Immani Srivani (Rajahmundry) secured 1st rank with 179 out of 200 marks in the entrance examination, wants to become a radiologist or study general medicine. She did her MBBS in GSL Medical College. A thorough revision of the subjects has what helped Immani Srivani secure the top rank in the PG Medical Entrance examination for the year 2012. “Vigorous revision is important for any exam,” says the topper, who admits she has never fancied her chance of topping the exam.

Kammas World

Search This Blog