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Open
9 Feb 2007
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Close
14 Feb 2007
3
Allotment
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Listing
Wed, Mar 7, 2007
Price Band
₹100 to ₹120
Issue Size
85,50,000 shares (agg. up to ₹103 Cr)
Lot Size
50 Shares
Listing Date
Wed, Mar 7, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.36x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Global Broadcast News Ltd. | Mainboard | ₹105.00 Cr | ₹250 | null | ₹505.90 | +102.36% | ₹45.27 (+6.48%) |
| Sun TV Ltd. | Mainboard | ₹602.79 Cr | ₹875 | null | ₹1,464.65 | +67.39% | ₹500.60 (+1.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Land & Construction of Studio | 9.60 |
| 2 | Purchase of Production, Post Production & Broadcasting Equipments | 41.53 |
| 3 | Prepayment of loans | 25.00 |
| 4 | General Corporate purpose | 19.65 |
| 5 | Issue Expenses | 6.82 |
About Broadcast Initiatives IPO
Broadcast Initiatives Limited, popularly known as "Sri Adhikari Brothers News & Television Network Ltd." was incorporated in year 2004.Broadcast Initiatives Limited is in the business of broadcasting and has launched "JANMAT" channel on November 14, 2005 as news & views channel. Being a group company of Sri Adhikari Brothers Television Network Limited, Broadcast Initiatives Limited enjoys recognition and is ably supported by its network and programming experience.+ Read More
Contact Details
Broadcast Initiatives Ltd. AddressBroadcast Initiatives LimitedAdhikari Chambers, Oberoi Complex, New Link RoadAndheri (west)Mumbai, Maharashtra, 400053(022) 2639 5400ipo@janmat.tvVisit Website