Bookbuilding IPO | ₹173 Cr | Listed at BSE, NSE | Thu, Dec 8, 2005 - Wed, Dec 14, 2005
PVR IPO is a book build issue of ₹173.25 crores. The issue is a combination of fresh issue of 0.57 crore shares aggregating to ₹128.25 crores and offer for sale of 0.20 crore shares aggregating to ₹45.00 crores.
PVR IPO bidding started from Dec 8, 2005 and ended on Dec 14, 2005. The shares got listed on NSE and BSE on Jan 4, 2006.
PVR IPO is set final issue price at ₹225 per share.
ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to PVR IPO DRHP for detailed Information.
IPO Open
Thu, Dec 8, 2005
IPO Close
Wed, Dec 14, 2005
Issue Price
₹225 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 8 to 14 Dec, 2005 |
| Listed on | Wed, Jan 4, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹200 to ₹240 |
| Issue Price | ₹225 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 77,00,000 shares (agg. up to ₹173 Cr) |
| Reserved for Private Promoter | 3,00,000 shares (agg. up to ₹7 Cr) |
| Fresh Issue | 54,00,000 shares (agg. up to ₹122 Cr) |
| Offer for Sale | 20,00,000 shares of ₹10 (agg. up to ₹45 Cr) |
| Net Offered to Public | 74,00,000 shares (agg. up to ₹167 Cr) |
| Share Holding Pre Issue | 1,71,77,370 shares |
| Share Holding Post Issue | 2,28,77,370 shares |
| BSE Script Code / NSE Symbol | 532689 / PVRINOX |
| ISIN | INE191H01014 |
PVR IPO comprises a total issue size of 74,00,000 shares. The net offer to the public is 69,50,000 shares, after excluding 3,00,000 shares allotted on a firm basis and 1,50,000 shares under a preferential allotment. Of the Net offer 36,25,000 (50.00%) are allocated to QIB, 10,87,500 (15.00%) allocated to NII 25,37,500 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 36,25,000 | 50.00% | 48.99% |
| NII (HNI) Shares Offered | 10,87,500 | 15.00% | 14.70% |
| Retail Shares Offered | 25,37,500 | 35.00% | 34.29% |
| Preferential Reservations | |||
| Employee Shares Offered | 1,50,000 | 2.03% | |
| Firm Reservations | |||
| Private Promoter Shares Offered | 3,00,000 | 4.05% | |
| Total Shares Offered | 74,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII 'OR' NII limits | Yes (EMP/RII) |
Incorporated in 1995, PVR Limited is engaged in the business of film exhibition and cinema entertainment in India.
The company operates multiplex and single-screen cinemas across multiple cities in India under the “PVR” brand. It established India’s first multiplex cinema, PVR Anupam in Delhi, in 1997.
As of August 31, 2005, PVR Limited operated a cinema network comprising 10 cinemas with 39 screens across five major cities in India, including multiplex and single-screen formats.
The company serves millions of moviegoers annually and focuses on expanding its cinema exhibition business through the launch of new multiplex cinemas across major metropolitan and emerging cities in India.
As of August 31, 2005, the company had over 700 employees across its operations in India.
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 47.51 | 33.07 | 23.30 |
| Total Income | 55.71 | 70.67 | 49.74 |
| Profit After Tax | 3.87 | 3.65 | 1.56 |
| Reserves and Surplus | 76.91 | 52.64 | 29.95 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up New Cinemas | 138.00 |
| 2 | Equity Investment in CR Retail, a wholly owned subsidiary for setting up a Multiplex | 30.00 |
| 3 | Equity Investment in PVR Pictures, a wholly owned subsidiary for Film Distribution Business | 7.00 |
| 4 | General Corporate Purposes | 6.20 |
| 5 | Issue Expenses | 12.00 |
| Total | 193.20 |
| KPI | Sep 30, 2005 | Mar 31, 2005 |
|---|---|---|
| RoNW | 6.93% | |
| Price to Book Value | 6.76 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 52.11% | 40.44% |
The PVR IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 11.67 | 74,00,000 | 8,63,38,600 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management, underwriting and selling commission | 4.50 |
| 2 | Other expenses (including advertising, registrars fee, legal fee and listing fee) | 7.50 |
| Total | 12.00 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹225.00 | ₹225.00 |
| Open | ₹270.00 | ₹266.35 |
| Low | ₹270.00 | ₹260.10 |
| High | ₹309.40 | ₹309.80 |
| Last Trade | ₹294.95 | ₹295.95 |
Lead Manager Reports
PVR IPO is a main-board IPO of 77,00,000 equity shares of the face value of ₹10 aggregating up to ₹173 Crores. The issue is priced at ₹225 per share. The minimum order quantity is .
The IPO opens on Thu, Dec 8, 2005, and closes on Wed, Dec 14, 2005.
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 PVR IPO using UPI as a payment gateway. Zerodha customers can apply in PVR IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in PVR IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The PVR IPO opens on Thu, Dec 8, 2005 and closes on Wed, Dec 14, 2005.
PVR IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in PVR 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 PVR IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the PVR IPO allotment status.
The PVR IPO listing date is on .
