Fixed Price IPO | ₹12 Cr | Listed at BSE SME | Fri, Feb 22, 2013 - Tue, Feb 26, 2013
Channel Nine Entertainment IPO is a fixed price issue of ₹11.72 crores. The issue is entirely a fresh issue of 0.47 crore shares of ₹11.72 crore.
Channel Nine Entertainment IPO bidding started from Feb 22, 2013 and ended on Feb 26, 2013. The shares got listed on BSE SME on Mar 12, 2013.
Channel Nine Entertainment IPO price is ₹25 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹3,00,000.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Beetal Financial & Computer Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Narayan Securities Ltd..
Refer to Channel Nine Entertainment IPO RHP for detailed Information.
IPO Open
Fri, Feb 22, 2013
IPO Close
Tue, Feb 26, 2013
Issue Price
₹25 per share
Market Cap (Pre-IPO)
₹38.77 Cr
| IPO Date | 22 to 26 Feb, 2013 |
| Listed on | Tue, Mar 12, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 46,86,000 shares (agg. up to ₹12 Cr) |
| Reserved for Market Maker | 2,40,000 shares Narayan Securities Ltd. (agg. up to ₹0.6000 Cr) |
| Fresh Issue (Ex Market Maker) | 44,46,000 shares (agg. up to ₹11 Cr) |
| Net Offered to Public | 44,46,000 shares (agg. up to ₹11 Cr) |
| Share Holding Pre Issue | 1,08,40,400 shares |
| Share Holding Post Issue | 1,55,08,400 shares |
| BSE Script Code | 535142 |
| ISIN | INE437O01025 |
Channel Nine Entertainment IPO comprises a total issue size of 46,68,000 shares. The net offer to the public is 44,28,000 shares, after excluding 2,40,000 shares allotted on a firm basis. Of the Net offer 22,14,000 (50.00%) allocated to NII 22,14,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 22,14,000 | 50.00% | 47.43% |
| Retail Shares Offered | 22,14,000 | 50.00% | 47.43% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,40,000 | 5.14% | |
| Total Shares Offered | 46,68,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,50,000 |
| Retail (Max) | 1 | 6,000 | ₹1,50,000 |
| HNI (Min) | 2 | 12,000 | ₹3,00,000 |
Incorporated in 2002, Channel Nine Entertainment Ltd is engaged in the business of production and distribution television serials, films, corporate films, feature films, documentaries, and marketing of sports and entertainment events. It has to its credit distribution of 19 films and 5 TV Serials so far.
Company have produced, co-produced, presented and distributed the feature films like CHAMELI, AMERICAN DESI, AGNI PANKH, INSOMNIA and FUN2SHH etc. Also Channel Nine produced and distributed the TV serials like TERRA QUIZ, INDIAN LEGENDS, Khamoshi kyon and Talk Positive.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To finance the estimated expenditure of production of two (2) films | 7.00 |
| 2 | Strengthening Distribution operations | 3.50 |
| 3 | Brand building | 0.60 |
| 4 | Issue Expenses | 0.57 |
| KPI | |
|---|---|
| RoNW | 1.33% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 29.48% | 20.6% |
| Market Cap | ₹38.77 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.37 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.10 |
| 3 | Advertisement & Marketing Expenses | 0.07 |
| 4 | Regulatory & other expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹26.25 |
| Low | ₹26.25 |
| High | ₹26.25 |
| Last Trade | ₹26.25 |
Beetal Financial & Computer Services Pvt.Ltd.
Lead Manager Reports
Channel Nine Entertainment IPO is a SME IPO of 46,86,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.
The IPO opens on Fri, Feb 22, 2013, and closes on Tue, Feb 26, 2013.
Beetal Financial & Computer Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Channel Nine Entertainment IPO using UPI as a payment gateway. Zerodha customers can apply in Channel Nine Entertainment IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Channel Nine Entertainment IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Channel Nine Entertainment IPO opens on Fri, Feb 22, 2013 and closes on Tue, Feb 26, 2013.
Channel Nine Entertainment IPO lot size is 6000, and the minimum amount required for application is ₹1,50,000.
You can apply in Channel Nine Entertainment 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 Channel Nine Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Channel Nine Entertainment IPO allotment status.
The Channel Nine Entertainment IPO listing date is on Tue, Mar 12, 2013.
