IPO Synopsis

Broadcast Initiatives Ltd
Registered Office: 101 Sumer Kendra Society,Pandurang Budhkar Marg Worli,Mumbai-400013, Maharashtra
Tel. No: 91-022-61709777
Fax No:
Email: investorservices@liveindia.tv
Website: www.liveindia.tv
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
Minimum Application for shares in Nos : 50 Further Multiples of :50
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Allianz Securities Ltd
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
Listing At
BSE
NSE
Registrar To The Issue