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Jagran Prakashan IPO IPO

Mainline25 Jan 200631 Jan 2006
Open
25 Jan 2006
Close
31 Jan 2006
3
Allotment
Listing
Wed, Feb 22, 2006
Price Band
₹270 to ₹324
Issue Size
1,15,44,873 shares (agg. up to ₹369 Cr)
Listing Date
Wed, Feb 22, 2006
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total12.29x

Restated Financials (₹ Cr.)

Period Ended30 Sep 200531 Mar 200531 Mar 200431 Mar 2003
Assets391.50275.87232.85186.12
Total Income228.26377.47312.78256.28
Profit After Tax11.981.5315.3618.01
Reserves and Surplus178.0658.4468.0752.90
Total Borrowing148.35158.76124.7295.86
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
HT Media Ltd.Mainboard₹407.62 Cr₹530null₹557.67+5.22%₹26.50 (-2.61%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Capital expenditure to enhance print and publishing capabilities76.42
2Capital expenditure to consolidate our infrastructure including print facility, editorial, marketing and administrative departments in and around New Delhi17.36
3Capital expenditure on plant and machinery for launching a second brand43.39
4Acquisitions and investments80.00
5Expansion of outdoor advertising business40.00
6Augmentation of working capital40.00
7General corporate purposes0.48
8Issue related expenses23.60
Total321.25

About Jagran Prakashan IPO

Jagran Prakashan publish Dainik Jagran, India’s most widely read and highest-circulated daily newspaper (Source: IRS 2005 Round 2 and ABC January–June 2005 data). As per IRS 2005 Round 2, the newspaper has an estimated readership of around 19.2 million readers per day—believed to be the highest for any publication in IRS history. Originally launched in 1942 under the name “Jagran,” the publication has since expanded significantly. It is currently brought out in 28 editions across 10 states. Of these, 25 editions are published directly by the company, while two editions are published by an associated company and one by an independent firm. In addition to the newspaper, the company publishes several other titles, including Sakhi, a monthly magazine for women, Jagran Varshiki, an annual general knowledge digest, and a range of national and state-level statistical publications. The company's printing operations span 25 facilities, with a combined installed capacity of approximately 1.28 million copies per hour. Distribution is managed through a well-established, multi-tiered network of agents and vendors. Competitive Strengths: Number One Newspaper in India in terms of both Total Circu

Contact Details

Jagran Prakashan Ltd. AddressJagran Building2 Sarvodaya NagarKanpur, Uttar Pradesh, 208005+91 512 221 6161ipo@jagran.comVisit Website