Channel Nine Entertainment Ltd IPO


IPO Subscription Details

  • Open Date 22 Feb
  • Close Date 26 Feb
  • Lot Size 6000
  • IPO Size ₹ 11.67 Cr
  • IPO Price Range ₹ 25
  • Min Investment ₹ 150000

IPO Synopsis

Public issue of 46,68,000 equity shares of Rs. 10/- each (Equity Shares) of Channel Nine Entertainment Limited (CNEL or The Company or The Issuer) for cash at a price of Rs. 25/- per share The Issue Price), aggregating to Rs. 11.67 crores (The Issue), of which 2,40,000 equity shares of Rs. 10 each will be reserved for subscription by Market Makers to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 44,28,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 30.10% and 28.55% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 2.5 (Two & Half) times of the face value.

How to apply for 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 Channel Nine Entertainment Ltd IPO

Contact Information

2164/1 No 101,
village Shadi Kham pur,
Delhi, Delhi 110008

Channel Nine Entertainment Ltd IPO Lead Manager

Guiness Corporate Advisors Pvt Ltd

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