| Broadcast Initiatives Ltd |
|---|
| Registered Office: 101 Sumer Kendra Society, Pandurang Budhkar Marg Worli, Mumbai - 400013, Maharashtra |
| Phone: 91-022-61709777 |
| Email: investorservices@liveindia.tv |
| Website: www.liveindia.tv |
| Public issue of 85,50,000 equity shares of Rs. 10/- each at issue price of Rs.120/- per equity share (including share premium of Rs.110/- per equity share), aggregating Rs.102.60 crores (the "Issue"). The issue consists of reservation of 1,00,000 equity shares of Rs. 10/- each at issue price of Rs.120/- per equity share (including share premium of Rs.110/- per equity share) aggregating Rs.1.20 crores for eligible employees (the "employee reservation portion"), and net issue of 84,50,000 equity shares of Rs. 10/- each at issue price of Rs.120/-. The issue would constitute 44.27 % of fully diluted post issue paid-up capital of the company. Issue Price is Rs.120/- per equity share of face value of Rs. 10/- each The issue price is 12 times the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 09-Feb-2007 | 14-Feb-2007 | ₹ 120.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 0.00 | Allianz Securities Ltd |
| Project Financed through Current Offer | 102.60 | |
| Post Issue Equity Share Capital | 19.31 | |
| Issue Price | ₹120.00 | |
| Projects |
|---|
| Purchase of land & construction of studio |
| Purchase of prod.,post prod. & broadcasting equip. |
| Prepayment of loans |
| General corporate purposes |
| Promoted By |
|---|
| Gautam Adhikari |
| Markand Adhikari |
| Listing At |
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| BSE |
| NSE |
| Registrar to the Issue |
|---|
