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Bharatiya Global Infomedia IPO is a book build issue of ₹55.10 crores. The issue is entirely a fresh issue of 0.67 crore shares of ₹55.10 crore.
Bharatiya Global Infomedia IPO bidding started from Jul 11, 2011 and ended on Jul 14, 2011. The shares got listed on BSE, NSE on Jul 28, 2011.
Bharatiya Global Infomedia IPO price band is set at ₹82.00 per share . The lot size for an application is 75. The minimum amount of investment required by an retail is ₹5,625 (75 shares). The lot size investment for sNII is 33 lots (2,475 shares), amounting to ₹2,02,950, and for bNII, it is 163 lots (12,225 shares), amounting to ₹10,02,450.
Almondz Global Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Bharatiya Global Infomedia IPO RHP for detailed Information.
| IPO Date | July 11, 2011 to July 14, 2011 |
| Listing Date | July 28, 2011 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹75 to ₹82 per share |
| Issue Price Final | ₹82 per share |
| Lot Size | 75 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 67,20,000 shares (aggregating up to ₹55.10 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 91,23,110 shares |
| Share Holding Post Issue | 1,58,43,110 shares |
Bharatiya Global Infomedia IPO offers total 67,20,000 shares. Out of which 33,60,000 (50.00%) allocated to QIB, 10,08,000 (15.00%) allocated to NII, 23,52,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 33,60,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 10,08,000 (15.00%) | NA |
| Retail Shares Offered | 23,52,000 (35.00%) | 31,360 |
| Total Shares Offered | 67,20,000 (100.00%) |
Bharatiya Global Infomedia IPO opens on July 11, 2011, and closes on July 14, 2011.
| IPO Open Date | Mon, Jul 11, 2011 |
| IPO Close Date | Thu, Jul 14, 2011 |
| Tentative Listing Date | Thu, Jul 28, 2011 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jul 14, 2011 |
Investors can bid for a minimum of 75 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹6,150 |
| Retail (Max) | 32 | 2,400 | ₹1,96,800 |
| S-HNI (Min) | 33 | 2,475 | ₹2,02,950 |
| S-HNI (Max) | 162 | 12,150 | ₹9,96,300 |
| B-HNI (Min) | 163 | 12,225 | ₹10,02,450 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1994, Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development.
BGIL provides visibility across the IT infrastructure, intelligently identifies security threats and compliance breaches, and automates security and compliance processes to reduce risk. They have total of 32 Radio Frequency Identification solutions, out of which they got registration for 8 solutions from Government of India. The IT division of the Company has developed products in house in its R& D centre in Noida using Radio Frequency Identification (RFID) technology. RFID is the key technology of BGIL and used for identification and tracking of the identity, location and conditions of assets, tools, inventory, people using radio waves.
The Company Bharatiya Global Infomedia IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (a) Purchase of owned Corporate Office & relocation of Branch Office | 9.90 |
| 2 | Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (b) Upgradation of Digital Post Production Studio and Investment in IT division | 22.05 |
| 3 | Expansion of R&D technology centre | 6.57 |
| 4 | Repayment of bank borrowings | 2.70 |
| 5 | Meeting long term working capital requirements | 5.05 |
| 6 | General Corporate Purpose | 6.50 |
CARE has assigned an IPO Grade 2 to Bharatiya Global Infomedia IPO. This means as per CARE, company has 'Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Bharatiya Global Infomedia IPO Grading Report
| Listing Date | July 28, 2011 |
| BSE Script Code | 533499 |
| NSE Symbol | BGLOBAL |
| ISIN | INE224M01013 |
| Final Issue Price | ₹82 per share |
| BSE Listing Group | B |
Bharatiya Global Infomedia Ltd.
623, 6th Floor, Devika Tower,
6, Nehru Place,
New Delhi- 110 019
New Delhi, New Delhi
Phone: +91-11- 40765562
Email: kumar.pushkar@bgilinfo.com
Website: http://www.bgilinfo.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: bgil.ipo@karvy.com
Website: https://ipostatus.kfintech.com/
Bharatiya Global Infomedia IPO is a main-board IPO of 67,20,000 equity shares of the face value of ₹10 aggregating up to ₹55.10 Crores. The issue is priced at ₹82 per share. The minimum order quantity is 75.
The IPO opens on July 11, 2011, and closes on July 14, 2011.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Bharatiya Global Infomedia IPO using UPI as a payment gateway. Zerodha customers can apply in Bharatiya Global Infomedia IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bharatiya Global Infomedia IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bharatiya Global Infomedia IPO opens on July 11, 2011 and closes on July 14, 2011.
Bharatiya Global Infomedia IPO lot size is 75, and the minimum amount required for application is ₹6,150.
You can apply in Bharatiya Global Infomedia IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Bharatiya Global Infomedia IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bharatiya Global Infomedia IPO allotment status.
The Bharatiya Global Infomedia IPO listing date is on Thursday, July 28, 2011.
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