Bookbuilding IPO | ₹149 Cr | Listed at BSE, NSE | Thu, Nov 25, 2004 - Thu, Dec 2, 2004
Deccan Chronicle Holdings IPO is a book build issue of ₹149.28 crores. The issue is entirely a fresh issue of 0.92 crore shares of ₹149.28 crore.
Deccan Chronicle Holdings IPO bidding started from Nov 25, 2004 and ended on Dec 2, 2004. The shares got listed on NSE and BSE on Dec 22, 2004.
Deccan Chronicle Holdings IPO is set final issue price at ₹162 per share.
ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to for detailed Information.
IPO Open
Thu, Nov 25, 2004
IPO Close
Thu, Dec 2, 2004
Issue Price
₹162 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 25 Nov to 2 Dec, 2004 |
| Listed on | Wed, Dec 22, 2004 |
| Face Value | ₹10 per share |
| Price Band | ₹162 to ₹194 |
| Issue Price | ₹162 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 92,15,060 shares (agg. up to ₹149 Cr) |
| Fresh Issue | 92,15,060 shares (agg. up to ₹149 Cr) |
| Share Holding Pre Issue | 3,20,52,450 shares |
| Share Holding Post Issue | 4,12,67,510 shares |
| BSE Script Code / NSE Symbol | 532608 / DCHL |
| ISIN | INE137G01019 |
DECCAN CHRONICLE HOLDINGS IPO comprises a total issue size of 92,15,060 shares. Out of which, 55,29,036 (60.00%) are allocated to QIB, 13,82,259 (15.00%) allocated to NII 23,03,765 (25.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 55,29,036 | 60.00% |
| NII (HNI) Shares Offered | 13,82,259 | 15.00% |
| Retail Shares Offered | 23,03,765 | 25.00% |
| Total Shares Offered | 92,15,060 | 100.00% |
Deccan Chronicle, the flagship newspaper of the company is the leading English daily in Hyderabad and Andhra Pradesh. They publish seven editions of the Deccan Chronicle in Andhra Pradesh from our printing presses located at Hyderabad/Secunderabad, Vijayawada, Rajahmundry, Vishakapatnam, Anantapur, Karimnagar and Nellore.
Deccan Chronicle also has the highest circulation and readership among English dailies in Hyderabad and Andhra Pradesh. As per ABC the average net paid sales of Deccan Chronicle was 342,053 during the period July-December 2003.
They have modified the form and content focus of our newspaper with time keeping pace with the changing taste patterns and the preferences of the readers. They publish several supplements like Hyderabad Chronicle, Lifestyle, Vizag Chronicle, Teen Chronicle, School Chronicle, DC Estatewhich are targeted at specific readership segments.
Competitive Strengths:
| Period Ended | 30 Sep 2004 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 238.14 | 244.23 | 108.98 |
| Total Income | 73.71 | 122.38 | 22.14 |
| Profit After Tax | 12.78 | 17.50 | 3.65 |
| EBITDA | 23.21 | 34.36 | 6.68 |
| NET Worth | 118.00 | 106.78 | 73.73 |
| Reserves and Surplus | 88.23 | 103.11 | 69.37 |
| Total Borrowing | 94.10 | 102.23 | 19.01 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Printing Machine at Chennai | 0.03 |
| 2 | Trichy Printing Facility | 0.02 |
| 3 | Coimbatore Printing Facility | 0.02 |
| 4 | Tamil Nadu Launch/marketing expenses | 0.01 |
| 5 | Increase in Working Capital | 0.04 |
| 6 | Issue Expenses | 0.01 |
| Total | 0.11 |
| KPI | Mar 31, 2004 |
|---|---|
| RoNW | 16.4% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 77.67% |
The Deccan Chronicle Holdings IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 7.35 | 92,15,060 | 6,77,39,910 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management, underwriting and selling commission | 4.00 |
| 2 | Advertisement and Marketing expenses | 4.00 |
| 3 | Printing and stationery | 2.00 |
| 4 | Others (Registrars fee, legal fee, listing fee, etc) | 2.00 |
| Total | 12.00 |
| Price Details |
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| Final Issue Price |
| Open |
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Lead Manager Reports
Deccan Chronicle Holdings IPO is a main-board IPO of 92,15,060 equity shares of the face value of ₹10 aggregating up to ₹149 Crores. The issue is priced at ₹162 per share. The minimum order quantity is .
The IPO opens on Thu, Nov 25, 2004, and closes on Thu, Dec 2, 2004.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Deccan Chronicle Holdings IPO using UPI as a payment gateway. Zerodha customers can apply in Deccan Chronicle Holdings IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Deccan Chronicle Holdings IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Deccan Chronicle Holdings IPO opens on Thu, Nov 25, 2004 and closes on Thu, Dec 2, 2004.
Deccan Chronicle Holdings IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Deccan Chronicle Holdings IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Deccan Chronicle Holdings IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Deccan Chronicle Holdings IPO allotment status.
The Deccan Chronicle Holdings IPO listing date is on .
