Business Standard

Sun TV Network Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

602.79 cr

Price Range (₹)

875

Lot Size

8

Min Investment (₹)

7,000.00

Listing Exchange

NSEMumbai

Open Date

03-Apr-2006

Close Date

07-Apr-2006

Listing Date

24-Apr-2006

Sun TV Network Ltd News

    The Shares of Sun TV Network Ltd have now been listed.

    Sun TV Network Ltd IPO Details

    Public issue of 6,889,000 equity shares of Rs. 10 each for cash at a price of Rs. 875/- per equity share including a share premium of Rs. 865/- per equity share, aggregating Rs. 602.79 crores (the Issue). The issue would constitute 10% of the fully diluted post issue paid-up capital of the company.Issue price : Rs. 875/- per equity share of face value Rs. 10/-The face value of the equity shares is Rs.10 and the cap price is 87.5 times of the face value.

    Objective of issue

    Capitalization of our subsidiaries. Launch of new TV channels. Construction of corp. office & studio facilities. Purchase new equipment & upgradation of equipment. General corporate purposes.

    Sun TV Network Ltd Contact Details

    Sun TV Network Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - tvinfo@sunnetwork.in

    Website - www.suntv.in