IPO Issue Details
Issue Price / Price Band₹25 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size46,86,000 shares (aggregating up to ₹11.72 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 22 Feb 2013
Subscription CloseTue, 26 Feb 2013
Anchor AllotmentThu, 21 Feb 2013
Basis of AllotmentMon, 04 Mar 2013
Initiation of RefundsTue, 05 Mar 2013
Credit of Shares to DematTue, 05 Mar 2013
Listing DateTue, 12 Mar 2013
UPI Mandate Deadline2013-02-26
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 6,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 12,000 shares
Net Offer to Public44,46,000 shares (aggregating up to ₹11.12 Cr)
Reserved for Market Maker2,40,000 shares (aggregating up to ₹0.6000 Cr)
Pre-IPO Promoter Holding1,08,40,400 shares
Post-IPO Promoter Holding1,55,08,400 shares
About Channel Nine Entertainment Ltd.
Incorporated in 2002, Channel Nine Entertainment Ltd is engaged in the business of production and distribution television serials, films, corporate films, feature films, documentaries, and marketing of sports and entertainment events. It has to its credit distribution of 19 films and 5 TV Serials so far.Company have produced, co-produced, presented and distributed the feature films like CHAMELI, AMERICAN DESI, AGNI PANKH, INSOMNIA and FUN2SHH etc. Also Channel Nine produced and distributed the TV serials like TERRA QUIZ, INDIAN LEGENDS, Khamoshi kyon and Talk Positive.
Objects of the Issue
Channel Nine Entertainment Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To finance the estimated expenditure of production of two (2) films
7.00
2
2 Strengthening Distribution operations
3.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,08,40,400 shares
Post-IPO Promoter Holding
1,55,08,400 shares