Business Standard

Tips Music Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

87.75 cr

Price Range (₹)

325

Lot Size

50

Min Investment (₹)

16,250.00

Listing Exchange

BombayNSE

Open Date

05-Sept-2000

Close Date

12-Sept-2000

Listing Date

20-Nov-2000

Tips Music Ltd News

    Tips Music Ltd IPO Details

    Public Issue of 30,00,000 equity shares of Rs 10/- each for cash at a premium of Rs 315/- per share(i.e. price of Rs 325/- per equity share) aggregating Rs 97.50.The issue comprises of Book Built Portion of 27,00,000 equity shares and Fixed price Portion of 3,00,000 equity shares.

    Objective of issue

    To setup studio for recording music, videos etc. To setup mfg. plant for Compact Discs.. To setup mfg. plant for Compact Discs.. To setup mfg. plant for Compact Discs.. To setup mfg. plant for Compact Discs.. To expand existg. cassette mfg. facilities.. To expand existg. cassette mfg. facilities.. To expand existg. cassette mfg. facilities.. To expand existg. cassette mfg. facilities.. To acquire audio rights. To acquire audio rights. To acquire audio rights. To acquire audio rights.

    Tips Music Ltd Contact Details

    Tips Music Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - response@tips.in

    Website - www.tips.in