Shree Ashtavinayak Cine Vision Ltd - IPO

Shree Ashtavinayak Cine Vision Ltd IPO Details

Public issue of 37,28,000 equity shares of face value of Rs.10/- each issued at a price of Rs.160/- per share for cash at a premium aggregating to Rs.59.65 Crores (the issue), including promoters contribution of 4,28,000 equity shares of face value of Rs.10/- each at a price of Rs.160/- for cash at a premium aggregating to Rs.6.85 Crores and net issue to public of 33,00,000 equity shares of face value of Rs.10/- each at a price of Rs.160/- at a premium agreegating to Rs.52.80 Crores (herein after referred to as the net issue to the public) the issue would constitute 32.90% of the fully diluted post issue paid up capital of the company.Issue Price : Rs.160/- per equity share of face value Rs. 10/- eachIssue price is 16 times of the face value

Objective of issue

To Finance the Estm. Exp. for Prodn. of 3 Films. To Purchase Equipment for Film Production. General Corporate Purposes/Prepayment of Loans.

Shree Ashtavinayak Cine Vision Ltd Contact Details

Shree Ashtavinayak Cine Vision Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - info@ashtavinayakindia.com

Website - www.ashtavinayakindia.com