Business Standard

PVR Inox Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

173.25 cr

Price Range (₹)

225

Lot Size

25

Min Investment (₹)

5,625.00

Listing Exchange

MumbaiNSE

Open Date

08-Dec-2005

Close Date

14-Dec-2005

Listing Date

04-Jan-2006

PVR Inox Ltd News

    The Shares of PVR Inox Ltd have now been listed.

    PVR Inox Ltd IPO Details

    Public Issue of 7,700,000 Equity Shares of Rs. 10 each for cash at a price of Rs. 225 per Equity Share aggregating Rs. 173.25 crores (the Issue), by PVR Limited (PVR Cinemas, the Company or the Issuer), consisting of a fresh issue of 5,700,000 Equity Shares of Rs. 10 each, and an offer for sale of 2,000,000 Equity Shares of Rs. 10 each by The Western India Trustee and Executor Company Limited (WITEC or the Selling Shareholder), in its capacity as trustee of India Advantage Fund - I, a trust registered under the Indian Trusts Act, 1882 acting through its investment manager ICICI Venture Funds Management Company Limited. The Issue comprises of Promoter's Contribution of 300,000 Equity Shares brought in by our Promoter, PEPL, a reservation for Employees of 150,000 Equity Shares of Rs. 10 each and a Net Issue to the public of 7,250,000 Equity Shares of Rs. 10 each (the Net Issue). The Issue will constitute 33.66% of the fully diluted post-Issue capital of our Company.Issue Price is Rs. 225 per Equity share and is 22.50 times the face value.

    Objective of issue

    To Finance New Cinema Projects. To expand Film Distribution Business. Technological Upgradtion & Renovation of Cinemas.

    PVR Inox Ltd Contact Details

    PVR Inox Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - cosec@pvrcinemas.com

    Website - www.pvrcinemas.com