Bookbuilding IPO | ₹350 Cr | Listed at BSE, NSE | Fri, Sep 17, 2010 - Tue, Sep 21, 2010
Eros International Media IPO is a book build issue of ₹350.00 crores. The issue is entirely a fresh issue of 2.00 crore shares of ₹350.00 crore.
Eros International Media IPO bidding started from Sep 17, 2010 and ended on Sep 21, 2010. The shares got listed on BSE, NSE on Oct 6, 2010.
Eros International Media IPO price band is set at ₹175 per share. The lot size for an application is 40. The minimum amount of investment required by an retail is ₹7,000 (40 shares) (based on upper price). The lot size investment for sNII is 29 lots (1,160 shares), amounting to ₹2,03,000, and for bNII, it is 143 lots (5,720 shares), amounting to ₹10,01,000.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Eros International Media IPO RHP for detailed Information.
IPO Open
Fri, Sep 17, 2010
IPO Close
Tue, Sep 21, 2010
Issue Price
₹175 per share
Market Cap (Pre-IPO)
₹1,599.62 Cr
| IPO Date | 17 to 21 Sep, 2010 |
| Listed on | Wed, Oct 6, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹158 to ₹175 |
| Issue Price | ₹175 per share |
| Lot Size | 40 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,00,00,000 shares (agg. up to ₹350 Cr) |
| Fresh Issue | 2,00,00,000 shares (agg. up to ₹350 Cr) |
| Share Holding Pre Issue | 7,14,07,000 shares |
| Share Holding Post Issue | 9,14,07,000 shares |
| BSE Script Code / NSE Symbol | 533261 / EROSMEDIA |
| ISIN | INE416L01017 |
Eros International Media IPO comprises a total issue size of 2,00,00,000 shares. Out of which, 1,20,00,000 (60.00%) are allocated to QIB, 20,00,000 (10.00%) allocated to NII 60,00,000 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 1,20,00,000 | 60.00% | NA |
| − Anchor Investor Shares Offered | 36,00,000 | 18.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 84,00,000 | 42.00% | NA |
| NII (HNI) Shares Offered | 20,00,000 | 10.00% | NA |
| Retail Shares Offered | 60,00,000 | 30.00% | 1,50,000 |
| Total Shares Offered | 2,00,00,000 | 100.00% |
Investors can bid for a minimum of 40 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹7,000 |
| Retail (Max) | 28 | 1,120 | ₹1,96,000 |
| S-HNI (Min) | 29 | 1,160 | ₹2,03,000 |
| S-HNI (Max) | 142 | 5,680 | ₹9,94,000 |
| B-HNI (Min) | 143 | 5,720 | ₹10,01,000 |
Eros International Media Ltd is part of the Eros Group, which has global presense in Indian media and entertainment arena. The Eros Group operates on a vertically integrated studio model controlling content as well as distribution & exploitation across all formats globally, including cinema, digital, home entertainment and television syndication.
Established in 1977, Eros has over three decades of market leadership in creating a global platform for Indian cinema. The group has an enviable distribution network that spans across 50 countries and over 27 dubbed foreign languages, with offices in India, UK, USA, Dubai, Australia, Fiji, Isle of Man and Singapore. Eros has built a successful business model by combining the release of a portfolio of over 70 new films every year with the exploitation of a valuable film library of over 2000 film titles.
In 2006, Eros plc, the holding company of the Eros Group, became the first Indian media company to obtain a listing on the Alternative Investment Market (AIM) of the London Stock Exchange.
| 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 | Acquiring and co-producing Indian films, including primarily Hindi language films as well as certain Tamil and other regional language films. | 280.00 |
| 2 | General corporate purposes. |
| KPI | |
|---|---|
| RoNW | 31.6% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 78.12% |
| Market Cap | ₹1,599.62 Cr. |
The Eros IPO is subscribed 26.51 times on September 21, 2010 9:00:00 PM (Day 3). The public issue subscribed 11.95 times in the retail category, 25.79 times in the QIB category, and 73.4 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 25.79 | 96,91,140 | |
| NII | 73.4 | 22,15,189 | |
| Retail | 11.95 | 66,45,569 | |
| Total | 26.51 | 1,85,51,898 |
CARE has assigned an IPO Grade 4 to Eros International Media Ltd IPO. This means as per CARE company has 'Above 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. Click here to download the CARE IPO Grading Document for Eros International Media Ltd.
Eros International Media Ltd IPO, Eros International IPO, Eros International Media IPO Bidding, Eros IPO Allotment Status, Eros International Media drhp and Eros International Media Ltd IPO listing.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management fees and Underwriting, brokerage and selling commission | 15.46 |
| 2 | Registrar's fees | 0.14 |
| 3 | Advertising and marketing | 9.53 |
| 4 | Printing and distribution | 2.46 |
| 5 | Fees paid to IPO grading agency | 0.04 |
| 6 | Bankers to the Issue | 0.18 |
| 7 | Others (SEBI filing fees, bidding software expenses, depository charges, listing fees, etc.) | 3.48 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹175.00 | ₹175.00 |
| Open | ₹213.35 | ₹205.45 |
| Low | ₹178.60 | ₹177.65 |
| High | ₹217.70 | ₹213.95 |
| Last Trade | ₹190.05 | ₹190.25 |
Eros International Media IPO is a main-board IPO of 2,00,00,000 equity shares of the face value of ₹10 aggregating up to ₹350 Crores. The issue is priced at ₹175 per share. The minimum order quantity is 40.
The IPO opens on Fri, Sep 17, 2010, and closes on Tue, Sep 21, 2010.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Eros International Media IPO using UPI as a payment gateway. Zerodha customers can apply in Eros International Media IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Eros International Media IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Eros International Media IPO opens on Fri, Sep 17, 2010 and closes on Tue, Sep 21, 2010.
Eros International Media IPO lot size is 40, and the minimum amount required for application is ₹7,000.
You can apply in Eros International Media 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 Eros International Media IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Eros International Media IPO allotment status.
The Eros International Media IPO listing date is on Wed, Oct 6, 2010.
