IPO Issue Details
Issue Price / Price Band₹82 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size75 Shares per Lot
Total Issue Size67,20,000 shares (aggregating up to ₹55.10 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 11 Jul 2011
Subscription CloseThu, 14 Jul 2011
Anchor AllotmentSun, 10 Jul 2011
Basis of AllotmentWed, 20 Jul 2011
Initiation of RefundsThu, 21 Jul 2011
Credit of Shares to DematThu, 21 Jul 2011
Listing DateThu, 28 Jul 2011
UPI Mandate Deadline2011-07-14
Application & Investment Details
Retail — Min (1 Lots)₹6,150 — 75 shares
Retail — Max (13 Lots)₹79,950 (13 Lots)
HNI — Min (33 Lots)₹2,02,950 — 2,475 shares
Pre-IPO Promoter Holding91,23,110 shares
Post-IPO Promoter Holding1,58,43,110 shares
About Bharatiya Global Infomedia Ltd.
Incorporated in 1994, Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development.BGIL provides visibility across the IT infrastructure, intelligently identifies security threats and compliance breaches, and automates security and compliance processes to reduce risk. They have total of 32 Radio Frequency Identification solutions, out of which they got registration for 8 solutions from Government of India. The IT division of the Company has developed products in house in its R& D centre in Noida using Radio Frequency Identification (RFID) technology. RFID is the key technology of BGIL and used for identification and tracking of the identity, location and conditions of assets, tools, inventory, people using radio waves.
Objects of the Issue
Bharatiya Global Infomedia Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (a) Purchase of owned Corporate Office & relocation of Branch Office
9.90
2
2 Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (b) Upgradation of Digital Post Production Studio and Investment in IT division
22.05
3
3 Expansion of R&D technology centre
6.57
4
4 Repayment of bank borrowings
2.70
5
5 Meeting long term working capital requirements
5.05
6
6 General Corporate Purpose
6.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
91,23,110 shares
Post-IPO Promoter Holding
1,58,43,110 shares