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Broadcast Initiatives IPO is a book built issue of Rs 102.60 crores.
Broadcast Initiatives IPO bidding started from February 9, 2007 and ended on February 14, 2007. The shares got listed on BSE, NSE on March 7, 2007.
Broadcast Initiatives IPO price band is set at ₹100 to ₹120 per share. The minimum lot size for an application is 50 Shares. The minimum amount of investment required by retail investors is ₹6,000.
Almondz Global Securities Limited is the book running lead manager of the Broadcast Initiatives IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Broadcast Initiatives IPO RHP for detailed information.
IPO Date | February 9, 2007 to February 14, 2007 |
Listing Date | March 7, 2007 |
Face Value | ₹10 per share |
Price Band | ₹100 to ₹120 per share |
Lot Size | 50 Shares |
Total Issue Size | 8,550,000 shares (aggregating up to ₹102.60 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Investors can bid for a minimum of 50 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 50 | ₹6,000 |
Retail (Max) | 33 | 1650 | ₹198,000 |
Lot Size Calculator |
Broadcast Initiatives Limited, popularly known as "Sri Adhikari Brothers News & Television Network Ltd." was incorporated in year 2004.
Broadcast Initiatives Limited is in the business of broadcasting and has launched "JANMAT" channel on November 14, 2005 as news & views channel. Being a group company of Sri Adhikari Brothers Television Network Limited, Broadcast Initiatives Limited enjoys recognition and is ably supported by its network and programming experience.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital for
1. Purchase of Land & Construction of Studio;
2. Purchase of Production, Post Production & Broadcasting Equipments;
3. Prepayment of loans.
The Broadcast Initiatives IPO is subscribed 2.76 times on February 14, 2007 5:00:00 PM. The public issue subscribed 2.89 times in the retail category, 1.61 times in the QIB category, and 6.45 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | March 7, 2007 |
BSE Script Code | 532816 |
NSE Symbol | BROADCAST |
ISIN | INE698H01018 |
Final Issue Price | ₹120 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹120.00 |
₹117.00 |
₹66.60 |
₹118.00 |
₹69.40 |
NSE |
---|
₹120.00 |
₹140.00 |
₹67.00 |
₹140.00 |
₹70.40 |
Broadcast Initiatives Limited
Broadcast Initiatives Limited ,
Adhikari Chambers, Oberoi Complex, New Link Road
Andheri West, Mumbai 400053, India
Phone: (022) 2639 5400
Email: ipo@janmat.tv
Website: http://www.janmat.tv
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: janmat.ipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html
Broadcast Initiatives IPO is a main-board IPO of 8,550,000 equity shares of the face value of ₹10 aggregating up to ₹102.60 Crores. The issue is priced at ₹100 to ₹120 per share. The minimum order quantity is 50 Shares.
The IPO opens on February 9, 2007, and closes on February 14, 2007.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Broadcast Initiatives IPO opens on February 9, 2007 and closes on February 14, 2007.
Broadcast Initiatives IPO lot size is 50 Shares, and the minimum amount required is ₹6,000.
You can apply in Broadcast Initiatives IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Broadcast Initiatives IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Broadcast Initiatives IPO allotment status.
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