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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Broadcast Initiatives Ltd
Registered Office: 101 Sumer Kendra Society, Pandurang Budhkar Marg Worli, Mumbai - 400013, Maharashtra
Phone: 1
Email: 1
Website: 1
Public issue of 85,50,000 equity shares of Rs. 10/- each at issue price of Rs.120/- per equity share (including share premium of Rs.110/- per equity share), aggregating Rs.102.60 crores (the "Issue"). The issue consists of reservation of 1,00,000 equity shares of Rs. 10/- each at issue price of Rs.120/- per equity share (including share premium of Rs.110/- per equity share) aggregating Rs.1.20 crores for eligible employees (the "employee reservation portion"), and net issue of 84,50,000 equity shares of Rs. 10/- each at issue price of Rs.120/-. The issue would constitute 44.27 % of fully diluted post issue paid-up capital of the company. Issue Price is Rs.120/- per equity share of face value of Rs. 10/- each The issue price is 12 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Feb-2007 14-Feb-2007 120.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 102.60
Post Issue Equity Share Capital 19.31
Issue Price 120.00
Projects
Purchase of land & construction of studio
Purchase of prod.,post prod. & broadcasting equip.
Prepayment of loans
General corporate purposes
Promoted By
Gautam Adhikari
Markand Adhikari
BSE
NSE
Registrar to the Issue
Attention Investor
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