CyberMedia IPO opened to a fabulous response

The CyberMedia IPO listed on the Indian stock exchanges on June 10, 2005, had
a dream opening. The IPO offered at Rs 60 per share shot up within a week to a
peak of Rs 167 (a 178% appreciation in price). The interest in the stock was
apparent from the first day itself as it closed at Rs 106. It continued to climb
and is currently trading in the Rs 130 to 150 band.

The listing ceremony or the 'bell-ringing' as it used to be called in the
old stock market parlance, was well attended by some luminaries of the IT and
BPO industry like Neeraj Bhargava, CEO, WNS; Harish Mehta, Chairman, Onward
Group; Raj Saraf, CMD, Zenith Computers; Ashank

Desai, CMD, Mastek; and Javed Tapia, CEO, Red Hat India, to
name a few. Pradeep Gupta, CMD, Cyber Media, said, "The industry has
supported me and the company and their presence here only reaffirms this fact. I
am encouraged to chart CyberMedia into its next phase of growth."

CyberMedia (India) Ltd, which publishes a clutch of
technology-related magazines, launched its initial public offering (IPO) of
shares on May 4 at Rs 60 per share. The shares sold would constitute about 28%
of the post-issue capital, giving the firm a valuation of about Rs 600 million
($13.7 million). Khandwala Securities lead-managed the issue to raise Rs 170
million.

The company also announced its annual results for FY05. The
net profits of the company grew by 15.2% while the revenue growth was 14.9%. The
company has declared a final dividend of 10%. During this period, the
company's advertisement revenues increased by 34.3%. The Earning Per Share
(EPS) is now Rs 6.03.

Some of the operational highlights of CyberMedia were:

• Wholly owned subsidiary formed in Singapore to address
  opportunities in the APAC region

• New joint venture formed with Dice Inc, world's largest
  Tech job board to target the growing online job-recruitment space in India

• Tie up with SRI-BI (a Stanford Research offshoot) for the
  emerging demand for psychographics research in consumer and entertainment
  industry

• Launched DQ Week Kolkata, the fourth edition of DQ Week

CyberMedia is the publisher of nine publications, including
Dataquest, PC Quest, Voice&Data, Living Digital, four editions of The DQ
Week, DQ Channels and Bio Spectrum in the infotech, telecom, consumer
electronics and biotech areas. and a media value chain with 12 websites
(including www.ciol.com), events and
television. The group's media services include market research (IDC India),
content outsourcing, multimedia, and media education. 

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