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GBN IPO is a book built issue of Rs 105.00 crores.
GBN IPO bidding started from January 15, 2007 and ended on January 18, 2007. The shares got listed on BSE, NSE on February 8, 2007.
GBN IPO price band is set at ₹230 to ₹250 per share. The minimum lot size for an application is 25 Shares. The minimum amount of investment required by retail investors is ₹6,250.
ICICI Securities Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the GBN IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to GBN IPO RHP for detailed information.
IPO Date | January 15, 2007 to January 18, 2007 |
Listing Date | February 8, 2007 |
Face Value | ₹10 per share |
Price Band | ₹230 to ₹250 per share |
Lot Size | 25 Shares |
Total Issue Size | 4,200,000 shares (aggregating up to ₹105.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Investors can bid for a minimum of 25 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 | 25 | ₹6,250 |
Retail (Max) | 32 | 800 | ₹200,000 |
Lot Size Calculator |
Global Broadcast News Limited (GBN) operates one of India�s leading 24-hour English language news and current affairs channel, �CNN-IBN�. CNN-IBN was launched in December, 2005 and has consistently been ranked as India�s No. 2 English language news channel.
Global Broadcast News Limited has also share subscription cum shareholders agreement with the Gupta family, BK Fincap Private Limited and others and has acquired significant equity shareholding in BK Fincap Private Limited which is the holding company of Jagran TV Private Limited, which owns Channel 7, a 24-hour Hindi language news and current affairs channel.
GBN is also part of the TV 18 group, which owns and operates some of India�s leading business channels and internet portals such as CNBC-TV18, Awaaz, South Asia World, www.moneycontrol.com and www.commoditiescontrol.com, etc.
The Company intends to use the Net Proceeds for the following purposes:
1. Further investment for expansion into Hindi news genre;
2. Repayment of a loan of our company;
3. General corporate purposes; and
4. Avail of the benefits of listing of our Equity Shares on the Stock Exchanges.
The GBN IPO is subscribed 48.74 times on January 18, 2007 5:00:00 PM. The public issue subscribed 42.76 times in the retail category, 35.26 times in the QIB category, and 170.40 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | February 8, 2007 |
BSE Script Code | 532800 |
NSE Symbol | TV18BRDCST |
ISIN | INE886H01027 |
Final Issue Price | ₹250 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹250.00 |
₹417.10 |
₹381.25 |
₹524.00 |
₹510.10 |
NSE |
---|
₹250.00 |
₹425.00 |
₹425.00 |
₹518.80 |
₹505.90 |
Global Broadcast News Ltd
B-2, Kailash Apartments,
Lala Lajpat Rai Marg,
New Delhi 110 048, India
Phone: +91 120 4341 818
Email: ipo@tv18online.com
Website: http://www.ibnlive.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: gbn-ipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html
GBN IPO is a main-board IPO of 4,200,000 equity shares of the face value of ₹10 aggregating up to ₹105.00 Crores. The issue is priced at ₹230 to ₹250 per share. The minimum order quantity is 25 Shares.
The IPO opens on January 15, 2007, and closes on January 18, 2007.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The GBN IPO opens on January 15, 2007 and closes on January 18, 2007.
GBN IPO lot size is 25 Shares, and the minimum amount required is ₹6,250.
You can apply in GBN 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 GBN IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the GBN IPO allotment status.
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