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Broadcast Initiatives Ltd IPO

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Public issue of 85,50,000 equity shares of Rs. 10/- each at issue price of Rs.120/- per equity share (including share premium of Rs.110/- per equity share), aggregating Rs.102.60 crores (the Issue). The issue consists of reservation of 1,00,000 equity shares of Rs. 10/- each at issue price of Rs.120/- per equity share (including share premium of Rs.110/- per equity share) aggregating Rs.1.20 crores for eligible employees (the employee reservation portion), and net issue of 84,50,000 equity shares of Rs. 10/- each at issue price of Rs.120/-. The issue would constitute 44.27 % of fully diluted post issue paid-up capital of the company. Issue Price is Rs.120/- per equity share of face value of Rs. 10/- each The issue price is 12 times the face value.

Broadcast Initiatives Ltd IPO Subscription Details

Company

Broadcast Initiatives Ltd

Issue Type

(Book Built Portion)

Open Date

09 Feb

Close Date

14 Feb

Offer Price

120.00

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Contact Details of Broadcast Initiatives Ltd IPO

Company Contact Information

Broadcast Initiatives Ltd IPO
101 Sumer Kendra Society,
Pandurang Budhkar Marg Worli,
Mumbai, Maharashtra 400013.

Phone: 91-022-61709777
Email: investorservices@liveindia.tv

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Broadcast Initiatives Ltd IPO Lead Manager(s)

  • Allianz Securities Ltd

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