FREE Account Opening + No Clearing Fees
Loading...

Broadcast Initiatives Limited IPO (Broadcast Initiatives IPO) Detail

February 9, 2007 - February 14, 2007

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.

Broadcast Initiatives IPO Details

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 Size8,550,000 shares
(aggregating up to ₹102.60 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Broadcast Initiatives IPO Lot Size

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

About Broadcast Initiatives Limited

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.

Objects of the Issue (Broadcast Initiatives IPO Objectives)

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.


Broadcast Initiatives IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)

Broadcast Initiatives IPO Prospectus

Broadcast Initiatives IPO Rating

25
3.1
Rating:Rated 3.1 stars
Vote Here ...

Broadcast Initiatives IPO Listing Details

Listing Date March 7, 2007
BSE Script Code 532816
NSE Symbol BROADCAST
ISIN INE698H01018
Final Issue Price ₹120 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

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

Check IPO Performance…

Broadcast Initiatives Limited Contact Details

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

Broadcast Initiatives IPO Registrar

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 - Buy or Not

Broadcast Initiatives IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

Broadcast Initiatives IPO FAQs

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.

The Broadcast Initiatives IPO listing date is on March 7, 2007.
Open an Instant Account with Zerodha

Broadcast Initiatives IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

11 Comments

11. konna |   Link |  Bookmark |March 10, 2007 7:10:10 AM
Hold this stock for two years for decent returs form current levels.
10. ranjith |   Link |  Bookmark |March 9, 2007 9:50:13 PM
i want to know the status of my client . that is he has been invested in the IDEA CELLULAR IPO but he does int have the Application no But He Has his CLIENT ID is : 21132136
9. Rajan |   Link |  Bookmark |March 4, 2007 8:06:07 PM
Anyone please tell me abt listing date and approx listing price????Any Idea
8. Tasneem |   Link |  Bookmark |March 3, 2007 7:51:54 PM
When is this hare getting listed? Any idea?
7. OP Saxena |   Link |  Bookmark |March 3, 2007 10:09:04 AM
Investor Junta does not seem to be much interested in this
IPO. There are hardly any comments from the people.
Probably no gains are expected out of this investment,
specially when the market has crashed down so much.
It appears that people are generally not aware of the
relationship of Broadcast Initiatives Ltd. with SAB TV and
Janmat which are so popular. We have to wait and watch
the listing.
6. pinky |   Link |  Bookmark |February 28, 2007 2:02:09 AM
allotment out in intime spectrum
5. Gouri |   Link |  Bookmark |February 20, 2007 10:49:34 PM
In NSE website, it is shown that this is being listed today and the CMP is 165.

When this share was allotted ?
4. Dheeraj |   Link |  Bookmark |February 17, 2007 12:35:46 AM
I have applied one lot. Will it be alloted to me?
3. SK |   Link |  Bookmark |February 11, 2007 8:31:01 AM
No point wasting effort on this issue, when the market is flooded with top notch issues.
2. Ramjane |   Link |  Bookmark |February 10, 2007 7:27:12 AM
Please avoid this issue.
a TOTAL fLOP.
1. Aman |   Link |  Bookmark |February 7, 2007 9:23:30 PM
Where can we find grey market premiums? Any idea