Fixed Price IPO | ₹14 Cr | Listed at NSE SME | Tue, Sep 19, 2017 - Thu, Sep 21, 2017
Madhya Pradesh Today Media IPO is a fixed price issue of ₹14.18 crores. The issue is entirely a fresh issue of 0.21 crore shares of ₹14.18 crore.
Madhya Pradesh Today Media IPO bidding started from Sep 19, 2017 and ended on Sep 21, 2017. The shares got listed on NSE SME on Sep 29, 2017.
Madhya Pradesh Today Media IPO price is ₹66 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,32,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,64,000.
Mark Corporate Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Sparkle Securities Solutions Pvt.Ltd..
Refer to Madhya Pradesh Today Media IPO RHP for detailed Information.
IPO Open
Tue, Sep 19, 2017
IPO Close
Thu, Sep 21, 2017
Issue Price
₹66 per share
Market Cap (Pre-IPO)
₹30.14 Cr
| IPO Date | 19 to 21 Sep, 2017 |
| Listed on | Fri, Sep 29, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹66 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 21,48,000 shares (agg. up to ₹14 Cr) |
| Reserved for Market Maker | 1,08,000 shares Sparkle Securities Solutions Pvt.Ltd. (agg. up to ₹0.7128 Cr) |
| Fresh Issue (Ex Market Maker) | 20,40,000 shares (agg. up to ₹13 Cr) |
| Net Offered to Public | 20,40,000 shares (agg. up to ₹13 Cr) |
| Share Holding Pre Issue | 24,20,000 shares |
| Share Holding Post Issue | 45,66,500 shares |
| NSE Symbol | MPTODAY |
| ISIN | INE105Y01019 |
Madhya Pradesh Today Media IPO comprises a total issue size of 21,46,500 shares. The net offer to the public is 20,38,500 shares, after excluding 1,08,000 shares allotted on a firm basis. Of the Net offer 10,19,250 (50.00%) allocated to NII 10,19,250 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,19,250 | 50.00% | 47.48% |
| Retail Shares Offered | 10,19,250 | 50.00% | 47.48% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,08,000 | 5.03% | |
| Total Shares Offered | 21,46,500 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,32,000 |
| Retail (Max) | 1 | 2,000 | ₹1,32,000 |
| HNI (Min) | 2 | 4,000 | ₹2,64,000 |
Incorporated in 2010, Madhya Pradesh Today Media Limited is primarily engaged in the publication of newspaper, news through newsportal and event based magazine. They are a publishing house having a daily evening Hindi newspaper that was primarily launched in MP and is currently available in Chhattisgarh, UP, Delhi and Maharashtra.
The group has also launched a Morning Daily soon thereafter in the year 2010. Now it also has plans to start publication and printing in other States of India in the years to come. The company has a strong team of experts having wide experience in print media. Pradesh Today has all 12-page colored newspaper with an internationally acceptable size form – The first of its type in the Madhya Pradesh State.
Pradesh today now covers entire Zone’s all over the Madhya Pradesh by contributing its morning newspaper in 52 Districts of Madhya Pradesh state like Hoshangabad, Vidisha, Dhar, Neemuch, Sagar, Shivpuri, etc. Pradesh today is the only newspaper covering both evening as well as morning newspaper.
| 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 | Expansion of Business by upgrading Unit Offices in various cities in the State of Madhya Pradesh and Chhatisgarh | 4.83 |
| 2 | Working Capital Requirements | 6.44 |
| 3 | General Corporate Expenses | 2.40 |
| 4 | Issue Expenses | 0.50 |
The Madhya Pradesh Today IPO is subscribed [.] times on September 21, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and reimbursements of market making fees, underwriting fees, selling commissions, brokerages, and payment to other intermediaries such as legal advisors, registrars and other out of pocket expenses | 0.30 |
| 2 | Regulatory Fees | 0.10 |
| 3 | Other Expenses (printing, stationery, advertisement, auditors fees, postage etc.) | 0.10 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹66.00 |
| Open | ₹70.00 |
| Low | ₹68.00 |
| High | ₹79.20 |
| Last Trade | ₹79.20 |
Lead Manager Reports
Madhya Pradesh Today Media IPO is a SME IPO of 21,48,000 equity shares of the face value of ₹10 aggregating up to ₹14 Crores. The issue is priced at ₹66 per share. The minimum order quantity is 2000.
The IPO opens on Tue, Sep 19, 2017, and closes on Thu, Sep 21, 2017.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Madhya Pradesh Today Media IPO using UPI as a payment gateway. Zerodha customers can apply in Madhya Pradesh Today Media IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Madhya Pradesh Today Media IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Madhya Pradesh Today Media IPO opens on Tue, Sep 19, 2017 and closes on Thu, Sep 21, 2017.
Madhya Pradesh Today Media IPO lot size is 2000, and the minimum amount required for application is ₹1,32,000.
You can apply in Madhya Pradesh Today 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 Madhya Pradesh Today Media IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Madhya Pradesh Today Media IPO allotment status.
The Madhya Pradesh Today Media IPO listing date is on Fri, Sep 29, 2017.
