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Midvalley Entertainment is a multinational Media & Entertainment company operating from Chennai. Midvalley's major businesses are Exhibition and Concept Theatres, Film Production, Distribution, Hospitality and Cine Advertising, etc. It produces, distribute and exhibit movies both in Indian and foreign languages.
At present, they are with the network of 40 plus screens across southern peninsula. By 2011, the group positioning to operate 100 plus screens that includes Cineplex, Multiplex, Open Air Theatres and Concept Theatres. Midvalley also preparing well in the segments of film Production and Distribution and expected to release its next movie as by Jan 2011 during Pongal season. Current promoters of the company are Unigold Pacific, Kiara Enigma and Global Motion Pictures & Ventures Ltd.
Company's Individual Promoter is:
1. Datuk K. Ketheeswaran
Company's Corporate Promoters are:
1. Unigold Pacific Limited
2. Global Motion Pictures & Ventures Pvt Ltd
3. Kiara Enigma Sdn. Bhd
| Particulars | For the year/period ended (in Rs. lacs) | |||||
| 31-Jul-10 | 30-Apr-10 | 30-Apr-09 | 30-Apr-08 | 30-Apr-07 | 30-Apr-06 | |
| Total Income | 486.90 | 1294.74 | 2,116.43 | 7,362.93 | 4,882.45 | 1,340.70 |
| Profit After Tax (PAT) | 143.31 | 3.93 | (47.06) | 886.60 | 727.25 | 287.25 |
The Object of the issue are:
1. Entering screening agreements with cinema theatres;
2. Renovation & Up-gradation of cinema infrastructure;
3. Acquisition of company and acquisition of screening rights;
4. To meet general corporate expenses.
| IPO Opening Date | Jan 10, 2011 |
| IPO Closing Date | Jan 12, 2011 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹64 to ₹70 per equity share |
| Market Lot | 95 Shares |
| Min Order Quantity | 95 Shares |
| Listing At | BSE |
| Issue Size | 8,571,429 Eq Shares of ₹10 (aggregating up to ₹60.00 Cr) |
The Midvalley Entertainment IPO market lot size is 95 shares. A retail-individual investor can apply for up to 30 lots (2850 shares or ₹199,500).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 95 | ₹6,650 |
| Maximum | 30 | 2850 | ₹199,500 |
Brickworks has assigned an IPO Grade 1 to Midvalley Entertainment Ltd IPO. This means as per Brickworks, company has 'Poor Fundamentals'. Brickworks assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the Brickworks IPO Grading Document for Midvalley Entertainment Ltd.
Midvalley Entertainment Ltd IPO, Midvalley Entertainment IPO, Midvalley Entertainment IPO Bidding, Midvalley Entertainment IPO Allotment Status, Midvalley Entertainment IPO drhp and Midvalley Entertainment IPO listing.
The Midvalley Entertainment IPO is subscribed 4.03 times on 1/12/2011 5:00:00 PM. The public issue subscribed 9.01 times in the retail category, 0.35 times in the QIB category, and 4.68 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 0.35 |
| NII | 4.68 |
| Retail | 9.01 |
| Total | 4.03 |
| Listing Date | Thursday, January 27, 2011 |
| BSE Script Code | 533310 |
| NSE Symbol | |
| Listing In | B Group of Securities |
| ISIN | INE422B01016 |
| IPO Price | ₹70 per equity share |
| Face Value | ₹10 per equity share |
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Midvalley Entertainment Ltd
9th Floor Gee Gee Emerald,
312 Valluvar Kottam High Road,
Chennai - 600034, Tamil Nadu, India
Phone: 91-44-30632454/55
Email: ipo@mvel.in
Website: http://www.mvel.in
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/
Midvalley Entertainment IPO is a main-board IPO of 8,571,429 equity shares of the face value of ₹10 aggregating up to ₹60.00 Crores. The issue is priced at ₹64 to ₹70 per equity share. The minimum order quantity is 95 Shares.
The IPO opens on Jan 10, 2011, and closes on Jan 12, 2011.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.
The Midvalley Entertainment IPO opens on Jan 10, 2011 and closes on Jan 12, 2011.
Midvalley Entertainment IPO lot size is 95 Shares and the minimum order quantity is 95 Shares.
You can apply in Midvalley Entertainment 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 Midvalley Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Midvalley Entertainment IPO allotment status.
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IPO Mentor (600+ Posts)
Oh. Sorry. I thought and also surprised that u made some inv for long term purpose.