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Open
10 Jan 2011
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Close
12 Jan 2011
3
Allotment
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Listing
Thu, Jan 27, 2011
Price Band
₹64 to ₹70
Issue Size
85,71,429 shares (agg. up to ₹60 Cr)
Lot Size
95 Shares
Listing Date
Thu, Jan 27, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.65x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Eros International Media Ltd. | Mainboard | ₹350.00 Cr | ₹175 | null | ₹190.25 | +8.71% | ₹7.81 (+4.92%) |
| DQ Entertainment (International) Ltd. | Mainboard | ₹128.26 Cr | ₹80 | null | ₹108.55 | +35.69% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Entering into screening agreements with 300 cinema theatres | 15.00 |
| 2 | Renovation and Up-gradation of cinema infrastructure with Digital Equipment and other related assets for select 100 screens | 25.95 |
| 3 | Acquisition of company, acquisition of screening rights of company having similar line, range and objects of business | 12.00 |
| 4 | To meet general corporate expenses | 3.80 |
| 5 | Meeting the IPO expenses | 3.25 |
About Midvalley Entertainment IPO
Midvalley Entertainment is a multinational Media & Entertainment company operating from Chennai. Midvalley's major businesses are Exhibition and Concept Theatres, Film Production, Distribution, Hospitality and Cine Advertising, etc. It produces, distribute and exhibit movies both in Indian and foreign languages.At present, they are with the network of 40 plus screens across southern peninsula. By 2011, the group positioning to operate 100 plus screens that includes Cineplex, Multiplex, Open Air Theatres and Concept Theatres. Midvalley also preparing well in the segments of film Production and Distribution and expected to release its next movie as by Jan 2011 during Pongal season. Current promoters of the company are Unigold Pacific, Kiara Enigma and Global Motion Pictures & Ventures Ltd.+ Read More
Contact Details
Midvalley Entertainment Ltd. Address9th FloorGee Gee Emerald312 Valluvar Kottam High RoadChennai, Tamil Nadu, 60003491-44-30632454/55ipo@mvel.inVisit Website