Business Standard

Entertainment Network (India) Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

194.40 cr

Price Range (₹)

162

Lot Size

40

Min Investment (₹)

6,480.00

Listing Exchange

MumbaiNSE

Open Date

23-Jan-2006

Close Date

27-Jan-2006

Listing Date

15-Feb-2006

Entertainment Network (India) Ltd News

    The Shares of Entertainment Network (India) Ltd have now been listed.

    Entertainment Network (India) Ltd IPO Details

    Public Issue of 12,000,000 Equity Shares of Rs. 10 each at a price of Rs. 162 per Equity Share including Securities Premium of Rs. 152 per Equity Share for cash aggregating Rs. 194.40 crores (hereinafter referred to as the issue), including Employee Reservation of 200,000 Equity Shares of face value of Rs. 10 each at a price of Rs. 162 per Equity Share for cash aggregating Rs. 3.24 crores (hereinafter referred to as the Employee Reservation Portion). The Issue less the Employee Reservation Portion shall be hereinafter referred to as the net issue. There will also be a Green Shoe Option of 1,200,000 Equity Shares for cash at a price of Rs. 162 per Equity Share aggregating Rs. 19.44 crores. The issue will constitute 25.88% of the post issue paid-up capital of the Company assuming that the Green Shoe Option is not exercised and 27.75% of the post issue paid-up capital of the Company assuming that the Green Shoe Option is exercised in full. The issue price is 162 per Equity Share. The Issue Price is 16.2 times of the face value.

    Objective of issue

    OTEF & Migration fee payment relat. PhaseII policy. Investment in the Subsidiary.

    Entertainment Network (India) Ltd Contact Details

    Entertainment Network (India) Ltd, Karvy House No 46, Avenue 3 Street No 1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23420818

    Fax - 91-40-23420814

    Email - enil.investors@timesgroup.com; mehul.shah@timesgro

    Website - www.enil.co.in