Broadcast Initiatives Limited IPO (Broadcast Initiatives IPO) Detail

Feb 9, 2007 - Feb 14, 2007

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

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 Details

IPO Date Feb 9, 2007 to Feb 14, 2007
Listing Date Wednesday, March 7, 2007
Face Value ₹10 per share
Price ₹100 to ₹120 per share
Lot Size 50 Shares
Issue Size8,550,000 shares of ₹10
(aggregating up to ₹102.60 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Broadcast Initiatives IPO Lot Size

The Broadcast Initiatives IPO lot size is 50 shares. A retail-individual investor can apply for up to 33 lots (1650 shares or ₹198,000).

Application Lots Shares Amount
Retail (Min) 1 50 ₹6,000
Retail (Max) 33 1650 ₹198,000

Broadcast Initiatives IPO Subscription Status (Bidding Detail)

The Broadcast Initiatives IPO is subscribed 2.76 times on Feb 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

Rating:Rated 3.1 stars
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Broadcast Initiatives IPO Listing Date

Listing Date Wednesday, March 7, 2007
BSE Script Code 532816
Listing In B1 Group of Securities
ISIN INE698H01018
IPO Price ₹120 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Broadcast Initiatives Limited
Broadcast Initiatives Limited ,
Adhikari Chambers, Oberoi Complex, New Link Road
Andheri West, Mumbai 400053, India
Phone: (022) 2639 5400

Broadcast Initiatives IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Broadcast Initiatives IPO Review

Broadcast Initiatives IPO Recommendation Summary

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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 Feb 9, 2007, and closes on Feb 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 Feb 9, 2007 and closes on Feb 14, 2007.

Broadcast Initiatives IPO lot size is 50 Shares and the minimum order quantity is .

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, Edelweiss, 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 Wednesday, March 7, 2007.
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Broadcast Initiatives IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



11. konna |   Link |Mar 10, 2007 8:10:10 AM
Hold this stock for two years for decent returs form current levels.
10. ranjith |   Link |Mar 9, 2007 10:50:13 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 |Mar 4, 2007 9:06:07 PM
Anyone please tell me abt listing date and approx listing price????Any Idea
8. Tasneem |   Link |Mar 3, 2007 8:51:54 PM
When is this hare getting listed? Any idea?
7. OP Saxena |   Link |Mar 3, 2007 11:09:04 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 |Feb 28, 2007 3:02:09 AM
allotment out in intime spectrum
5. Gouri |   Link |Feb 20, 2007 11:49:34 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 |Feb 17, 2007 1:35:46 AM
I have applied one lot. Will it be alloted to me?
3. SK |   Link |Feb 11, 2007 9:31:01 AM
No point wasting effort on this issue, when the market is flooded with top notch issues.
2. Ramjane |   Link |Feb 10, 2007 8:27:12 AM
Please avoid this issue.
1. Aman |   Link |Feb 7, 2007 10:23:30 PM
Where can we find grey market premiums? Any idea