Raj Television Network Ltd IPO

Closed

Subscription Details

  • Open Date 14 Feb
  • Close Date 23 Feb
  • Lot Size 25
  • IPO Size ₹ 91.7 Cr
  • IPO Price Range ₹ 257
  • Min Investment ₹ 6425

Raj Television Network Ltd IPO Timeline

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

IPO Synopsis

Public issue of 35,68,250 equity shares of face value of Rs.10/- each at a price of Rs.257/- for cash (including premium of Rs.247/- per share) aggregating Rs.91.70 Crores, consisting of a fresh issue of 22,70,700 equity shares by Raj Television Network Limited (company or issuer) and an offer for sale of 12,97,550 equity shares by selling shareholders (hereinafter referred to as the issue.) The issue comprises a net issue to the public of up to 32,43,866 equity shares of Rs. 10 each (the net issue) and a reservation of up to 3,24,384 equity shares of Rs.10 each, for the eligible Employees of the company(employee reservation portion). The issue constitutes 27.50% of fully diluted post issue paid-up capital of the company. Issue Price is Rs.257/- per Equity Share of Face Value Rs.10/- each. The issue price is 25.7 times of 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 Raj Television Network Ltd IPO

Contact Information

Address

No 32 Poes Road IInd Street,
Teynampet,
Chennai, Tamil Nadu 600018

Raj Television Network Ltd IPO Lead Manager

Canara BankVivro Financial Services Pvt Ltd
Open Demat Account