Broadcast Initiatives Ltd IPO

Closed

Subscription Details

  • Open Date 09 Feb
  • Close Date 14 Feb
  • Lot Size 50
  • IPO Size ₹ 102.6 Cr
  • IPO Price Range ₹ 120
  • Min Investment ₹ 6000

Broadcast Initiatives Ltd IPO Timeline

Open Date
09 Feb
Close Date
14 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Broadcast Initiatives Ltd IPO

Contact Information

Address

101 Sumer Kendra Society,
Pandurang Budhkar Marg Worli,
Mumbai, Maharashtra 400013

Broadcast Initiatives Ltd IPO Lead Manager

Allianz Securities Ltd
Open Demat Account