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Open
25 Jan 2006
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Close
31 Jan 2006
3
Allotment
—
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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
| Category | Subscription (times) |
|---|---|
| Total | 12.29x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 391.50 | 275.87 | 232.85 | 186.12 |
| Total Income | 228.26 | 377.47 | 312.78 | 256.28 |
| Profit After Tax | 11.98 | 1.53 | 15.36 | 18.01 |
| Reserves and Surplus | 178.06 | 58.44 | 68.07 | 52.90 |
| Total Borrowing | 148.35 | 158.76 | 124.72 | 95.86 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| HT Media Ltd. | Mainboard | ₹407.62 Cr | ₹530 | null | ₹557.67 | +5.22% | ₹26.50 (-2.61%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure to enhance print and publishing capabilities | 76.42 |
| 2 | Capital expenditure to consolidate our infrastructure including print facility, editorial, marketing and administrative departments in and around New Delhi | 17.36 |
| 3 | Capital expenditure on plant and machinery for launching a second brand | 43.39 |
| 4 | Acquisitions and investments | 80.00 |
| 5 | Expansion of outdoor advertising business | 40.00 |
| 6 | Augmentation of working capital | 40.00 |
| 7 | General corporate purposes | 0.48 |
| 8 | Issue related expenses | 23.60 |
| Total | 321.25 |
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