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Midvalley Entertainment Ltd IPO (Midvalley Entertainment IPO) Detail

Jan 10, 2011 - Jan 12, 2011

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 Promoters:

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

Company Financials:

ParticularsFor the year/period ended (in Rs. lacs)
31-Jul-1030-Apr-1030-Apr-0930-Apr-0830-Apr-0730-Apr-06
Total Income486.901294.742,116.437,362.934,882.451,340.70
Profit After Tax (PAT)143.313.93(47.06)886.60727.25287.25

Objects of the Issue:

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.

Midvalley Entertainment IPO Details

Issue OpenJan 10, 2011 - Jan 12, 2011
Issue TypeBook Built Issue IPO
Issue Size8,571,429 Eq Shares of Rs 10
(aggregating up to Rs 60.00 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 64 - Rs 70 Per Equity Share
Market Lot95 Shares
Min Order Quantity95 Shares
Listing AtBSE

Midvalley Entertainment Ltd

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.

Check IPO Ratings from other stock analysts.

Midvalley Entertainment Ltd IPO Tags:

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.

Midvalley Entertainment IPO Subscription Status (Bidding Detail)

Midvalley Entertainment IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

4,687,500

1,406,250

3,281,250

9,375,000

Jan 12, 2011 17:00

0.35x

4.68x

9.01x

4.03x

Midvalley Entertainment IPO Prospectus

Midvalley Entertainment IPO Rating

331
3.8
Rating:Rated 3.8 stars

Vote Here ...

Midvalley Entertainment IPO Listing Date

  •   ›  Listing Date: Thursday, January 27, 2011
  •   ›  BSE Script Code: 533310
  •   ›  NSE Symbol:
  •   ›  Listing In: B
  •   ›  ISIN: INE422B01016
  •   ›  Issue Price: Rs 70 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
Rs 70.00
Rs 73.00
Rs 55.00
Rs 76.50
Rs 58.05
33,871,373

Midvalley Entertainment IPO Reviews / Ratings

Capital Market Review
MLR Securities - Avoid.
SP Tulsian - Avoid.

Company Contact Information

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

Midvalley Entertainment IPO Registrar

Cameo Corporate Services Limited
   Cameo Corporate Services Ltd.,
   Subramanian Building # 1, Club House Road,
   Chennai 600 002 - India

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/

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Midvalley Entertainment IPO Review / Comments

avatar
311. SkDash  Jan 27, 2011 16:13 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
Ravi-317
Oh. Sorry. I thought and also surprised that u made some inv for long term purpose.
avatar
310. Ravi, Bangalore  Jan 27, 2011 16:02 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts)
316. SkDash

You did not get me. As you were asking during trading hours, I said long-term till 3:30 p.m. today. However, I booked loss at 3:15 p.m. itself!

(1000 + 2200) - 400 profit in Midvalley.
avatar
309. SkDash  Jan 27, 2011 15:44 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
HK-315
how come u didnt sell when it was moving downward. If possible, buy some shares at the end of tomorrw to average and keep it as long term otherwise u may have to book around 50% loss (today 30% + tomorrow may be another 10-15%). Ravi, bangalore bought some shares for long term inv, u can take his view whether it is worth keeping long term or not. I dont have any position in the stock
avatar
308. Hk  Jan 27, 2011 15:08 I Like It. | Report Abuse
I Purchase Midvelly Entertainment at 75.50 what I do.
avatar
307. Ravi, Bangalore  Jan 27, 2011 13:56 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts)
313. SkDash

I have bought 100 shares at 61 for long-term investment till 3:30 p.m. This is not recommendation to you.

For details, you can see my analysis in IPO Recommendation Section.
avatar
306. SkDash  Jan 27, 2011 13:42 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
Ravi-what a sudden fall in price. I placed order @ 67 and now position is NIL.

OK, Any how. Thanks
avatar
305. Ravi, Bangalore  Jan 27, 2011 13:26 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts)
311. SkDash

I have placed buy order for 400 shares at 70 & balance 400 at 67.

Place stop-loss & targets, then switch-off your system. Concentrate on your office work.
avatar
304. SkDash  Jan 27, 2011 13:06 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
Ravi-310- Shall i settle the position now @ 71 or will it go down further ? Whats the cut off time. I think it is 3.30
avatar
303. Ravi, Bangalore  Jan 27, 2011 11:28 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts)
307. SkDash

My targets are 70 & bElow 67.

This is crude method. I reiterate that DON'T FOLLOW ME.
avatar
302. SkDash  Jan 27, 2011 11:07 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
"class room session". OK. :) Wish u happy return
avatar
301. Ravi, Bangalore  Jan 27, 2011 11:02 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts)
307. SkDash

75 is my stop-loss. Target later.

Classroom session is only after trading hours.
avatar
300. SkDash  Jan 27, 2011 10:55 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
306-Ravi
Thanks. I have shorted some shares @ 72.75, if it will go beyond 75 again, i will short again to average. Hope it will break the resistence and will go below the issue price, may be by the EOD or tomorrow. But how one can see the intraday chart in case of shares listed in NSE ? Can u guide pl
avatar
299. Ravi, Bangalore  Jan 27, 2011 10:45 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts)
305. SkDash / 301. CLD

It is not listed in NSE. Hence, no on-line chart available.

If it breaches 72.75, I am planning to go short. It is crude method. My suggestion is DO NOT follow me.
avatar
298. SkDash  Jan 27, 2011 09:18 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
Ravi, Sreedhar, Durai, KK- what u all r doing ? Pl share
avatar
297. SkDash  Jan 27, 2011 08:33 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
Shorted @ 72.75, hope it will come down to 65
avatar
296. SkDash  Jan 27, 2011 08:24 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
Opened at 73.30 (up around 5%) and going forward. Lets see the direction. As per me, it will be at discount at the closing hr
avatar
295. SkDash  Jan 27, 2011 07:57 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts)
Few min left. Any strategy for the day- Sreedhar, Ravi, KK Natrajan..................Other experts. I think it will be better to watch for around 1 hr at least so that direction will be clear
avatar
294. CLD  Jan 26, 2011 19:03 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
@ Ravi, Bangalore
Your dirction on C.Mahendra Export in the afternoon session of its listing was OK. Although it did not go down to 106/101 by closing, yet your shorting stretegy at 116 played with some benefits. Please post your stretegies as & when you find it beneficial so that others can take benefits. What is your forecast for listing tomorrow & trading during the day especially in the opening & closing hour.
avatar
293. Hardesh k. maurya  Jan 26, 2011 18:52 I Like It. | Report Abuse
i like to further asked that ME is low volume stock therefore hold it for good listing gain.
avatar
292. Hardesh k. maurya  Jan 26, 2011 18:45 I Like It. | Report Abuse
Open at around 79 target to high 99/- and low 75



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