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.
Company Promoters:The Promoters of the Company are:
1. Mr. Gaj Raj Singh2. Mrs. Kirti
Objects of the Issue:The objects of the Issue are:
1. To finance the estimated expenditure of production of two (2) films;2. Strengthening Distribution operations'3. Brand Building; and4. To meet the expenses of the Issue.
»» Issue Open: Feb 22, 2013 - Feb 26, 2013
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Channel Nine Entertainment IPO Messages (Channel Nine Entertainment IPO Comments)
Limited operations for the past five years, bonus issue just before the IPO, steep drop in PAT margins till October 2012 and expensive valuations ingredients for a risky and overpriced IPO!
Highly priced issue not worth betting on
lot of sme ipos