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 Opening DateFeb 9, 2007
IPO Closing DateFeb 14, 2007
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹100 to ₹120 per equity share
Market Lot50 Shares
Min Order Quantity50 Shares
Listing AtBSE, NSE
Issue Size8,550,000 Eq Shares of ₹10
(aggregating up to ₹102.60 Cr)

Broadcast Initiatives IPO Lot Size

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

ApplicationLotsSharesAmount (Cut-off)

Broadcast Initiatives IPO Subscription Status (Bidding Detail)

The Broadcast Initiatives IPO is subscribed 2.76x times on Feb 14, 2007 17:00. The public issue subscribed 2.89x in the retail category, 1.61x in the QIB category, and 6.45x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription


Broadcast Initiatives IPO Prospectus

Broadcast Initiatives IPO Rating

Rating:Rated 3.1 stars

Vote Here ...

Broadcast Initiatives IPO Listing Date

Listing DateWednesday, March 7, 2007
BSE Script Code532816
Listing InB1 Group of Securities
IPO Price₹120 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Broadcast Initiatives IPO Reviews / Ratings

  • Business Line - Avoid

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
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270

Broadcast Initiatives IPO FAQs

  1. What is Broadcast Initiatives IPO?

    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 equity 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.

  2. When Broadcast Initiatives IPO will open?

    The Broadcast Initiatives IPO opens on Feb 9, 2007 and closes on Feb 14, 2007.

  3. What is the lot size of Broadcast Initiatives IPO?

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

  4. How to apply for Broadcast Initiatives IPO?

    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.

  5. When Broadcast Initiatives IPO allotment?

    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.

  6. When is Broadcast Initiatives IPO listing date?

    The Broadcast Initiatives IPO listing date is on Wednesday, March 7, 2007.

Broadcast Initiatives IPO Message Board

Ranked Members  Ranked Members

11. konna |Mar 10, 2007 07:10
Hold this stock for two years for decent returs form current levels.
10. ranjith |Mar 9, 2007 21:50
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 |Mar 4, 2007 20:06
Anyone please tell me abt listing date and approx listing price????Any Idea
8. Tasneem |Mar 3, 2007 19:51
When is this hare getting listed? Any idea?
7. OP Saxena |Mar 3, 2007 10:09
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 |Feb 28, 2007 02:02
allotment out in intime spectrum
5. Gouri |Feb 20, 2007 22:49
In NSE website, it is shown that this is being listed today and the CMP is 165.

When this share was allotted ?
4. Dheeraj |Feb 17, 2007 00:35
I have applied one lot. Will it be alloted to me?
3. SK |Feb 11, 2007 08:31
No point wasting effort on this issue, when the market is flooded with top notch issues.
2. Ramjane |Feb 10, 2007 07:27
Please avoid this issue.
1. Aman |Feb 7, 2007 21:23
Where can we find grey market premiums? Any idea


Download Our Mobile App

Android App iOS App