Business Standard

Jagran Prakashan Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

321.25 cr

Price Range (₹)

320

Lot Size

20

Min Investment (₹)

6,400.00

Listing Exchange

MumbaiNSE

Open Date

25-Jan-2006

Close Date

31-Jan-2006

Listing Date

22-Feb-2006

Jagran Prakashan Ltd News

    The Shares of Jagran Prakashan Ltd have now been listed.

    Jagran Prakashan Ltd IPO Details

    Public Issue of 10,039,020 Equity Shares of Rs.10 each for cash at a price of Rs.320 per Equity Share aggregating Rs.321.25 crores (Issue). There will also be a Green Shoe Option of upto 1,505,853 Equity Shares for cash at a price of Rs.320 per Equity Share aggregating Rs.48.19 crores. The Issue and the Green Shoe Option, if exercised in full, will aggregate 11,544,873 Equity Shares amounting to Rs. 369.44 crores. The Issue will constitute 20% of the fully diluted post-issue Equity Share capital of our Company assuming that the Green Shoe Option is not exercised and 22.33% assuming that the Green Shoe Option is exercised in full.

    Objective of issue

    Cap. expd. to enhance our printing and publishing. Cap. expd. to consolidate our infrastructure. Cap. expd. on plant and machinery for second brand. Acquisitions and investments. Expansion of outdoor advertising business. Augmentation of working capital. General corporate purposes.

    Jagran Prakashan Ltd Contact Details

    Jagran Prakashan Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - investor@jagran.com

    Website - www.jplcorp.in; www.jagran.com