Global Broadcast News Ltd IPO (GBN IPO) Detail

Jan 15, 2007 - Jan 18, 2007

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.

Objects of the Issue:

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.

GBN IPO Details

IPO Opening DateJan 15, 2007
IPO Closing DateJan 18, 2007
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹230 to ₹250 per equity share
Market Lot25 Shares
Min Order Quantity25 Shares
Listing AtBSE, NSE
Issue Size4,200,000 Eq Shares of ₹10
(aggregating up to ₹105.00 Cr)

GBN IPO Lot Size

The GBN IPO market lot size is 25 shares. A retail-individual investor can apply for up to 32 lots (800 shares or ₹200,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum125₹6,250
Maximum32800₹200,000
The name of the company has changed to 'IBN18 BROADCAST LTD.'

GBN IPO Subscription Status (Bidding Detail)

The GBN IPO is subscribed 48.74x times on Jan 18, 2007 17:00. The public issue subscribed 42.76x in the retail category, 35.26x in the QIB category, and 170.40x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
Total

48.74x

GBN IPO Prospectus

GBN IPO Rating

59
3.7
Rating:Rated 3.7 stars

Vote Here ...

GBN IPO Listing Date

Listing DateThursday, February 8, 2007
BSE Script Code532800
NSE SymbolTV18BRDCST
Listing InB1
ISININE886H01027
IPO Price₹250 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹250.00
₹417.10
₹381.25
₹524.00
₹510.10
13,080,245
NSE
₹250.00
₹425.00
₹425.00
₹518.80
₹505.90
18,379,066

GBN IPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

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/

GBN 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
Email: gbn-ipo@intimespectrum.com
Website: http://www.linkintime.co.in

GBN IPO FAQs

  1. What is GBN IPO?

    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 equity share. The minimum order quantity is 25 Shares.

    The IPO opens on Jan 15, 2007, and closes on Jan 18, 2007.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When GBN IPO will open?

    The GBN IPO opens on Jan 15, 2007 and closes on Jan 18, 2007.

  3. What is the lot size of GBN IPO?

    GBN IPO lot size is 25 Shares and the minimum order quantity is 25 Shares.

  4. How to apply for GBN IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When GBN IPO allotment?

    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.

  6. When is GBN IPO listing date?

    The GBN IPO listing date is on Thursday, February 8, 2007.

GBN IPO Message Board

Ranked Members  Ranked Members

Loading...
111. yash |Feb 13, 2007 22:26
I have not received my refund yet
Pls. any body tell me how much time it will take.
110. Pawan Nathany |Feb 13, 2007 06:37
Pls give your GBN price target within March 2007
109. Ankur Jhunjhunwala |Feb 8, 2007 03:43
It will easily touch 1000 as FIIs were not allowed to buy till now.. So heavy buying activity is expected tomorrow when it lists..
108. Amit |Feb 7, 2007 22:58
what will be listing rate for GBN?
107. palash |Feb 7, 2007 04:57
Hi, Sachin
please open bseindia dot com and BSE
Announcements dated 05.02.2007 , notices no 15
106. Sachin |Feb 7, 2007 00:18
Thanks Indu ,i had search lot but i didnt get listing date of GBN again thanks Indu.
105. Srini |Feb 7, 2007 00:18
Anybody received refund through HDFC ECS???
104. INDU |Feb 6, 2007 23:24
It will list on 8th february as per circular
103. Sachin |Feb 6, 2007 22:59
Have anybody know what will be the expected listing date of GBN?
102. manish v chhichhiya |Feb 6, 2007 09:59
decent openming expected.i havent got any allotment even if i applied for full 400 share.ratio of allotment for 400 share is(37:102).i am going to purchase 1000 share @ 425 from the mkt if lucky.
101. kota |Feb 6, 2007 06:02
I received the fund through ECS immediately after the day of allotment.
100. NARAYAN |Feb 6, 2007 05:04
CAN ANY ONE CAN TELL ME LISTING OF GBN ?
99. mohammed |Feb 6, 2007 03:03
no,till now i haven't recieved my refund cheque
98. Srini |Feb 6, 2007 02:54
Mohammed and Vishnu...Did u guys got refund?
97. mohammed |Feb 6, 2007 02:50
i applied for 50 and got 25,can anyone please tell me when will it list and at what price
96. vishnu |Feb 6, 2007 02:00
I applied for 400 and got "0" there is some problem in the process
95. Srini |Feb 6, 2007 01:34
Did anyone has received refund for this IPO? I received refund for Akruthi, but not for GBN, eventhough registrar for both the issue is same.
94. Sachin |Feb 5, 2007 22:01
Have anybody know what will be the expected listing date of GBN?
93. Natrajan Mani |Feb 5, 2007 20:26
The reason why people did not get enough shares was that, the retail portion of the bid was oversubscribed 43 times. That's why they have done this allotment using the lot system. If you had read the prospectus, it was clearly mentioned. Nobody can help if you dont read the prospectus but simply apply because somebody advices to invest.I had applied for 175 and got 25. My mother also had applied for 175 but got none. Thats how life is. No point in cribbing. Even the current IPOs are going to be like this.
92. K. Lobo |Feb 4, 2007 22:42
I applied for 400 (max) and have not got even 25 shares. This is not wierd, there is some hanky panky. No regrets anyway, I am saved from receiving shares in a loss-making Company and will buy it at discount when market corrects.







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