Bookbuilding IPO | ₹603 Cr | Listed at BSE, NSE | Mon, Apr 3, 2006 - Fri, Apr 7, 2006
Sun TV IPO is a book build issue of ₹602.79 crores. The issue is entirely a fresh issue of 0.69 crore shares of ₹602.79 crore.
Sun TV IPO bidding started from Apr 3, 2006 and ended on Apr 7, 2006. The shares got listed on the NSE and the BSE on Apr 28, 2006.
Sun TV IPO is set final issue price at ₹875 per share.
Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Sun TV IPO DRHP for detailed Information.
IPO Open
Mon, Apr 3, 2006
IPO Close
Fri, Apr 7, 2006
Issue Price
₹875 per share
Market Cap (Pre-IPO)
₹6,027.80 Cr
| IPO Date | 3 to 7 Apr, 2006 |
| Listed on | Fri, Apr 28, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹730 to ₹875 |
| Issue Price | ₹875 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 68,89,000 shares (agg. up to ₹603 Cr) |
| Fresh Issue | 68,89,000 shares (agg. up to ₹603 Cr) |
| Share Holding Pre Issue | 6,20,00,155 shares |
| Share Holding Post Issue | 6,88,89,155 shares |
| BSE Script Code / NSE Symbol | 532733 / SUNTV |
| ISIN | INE424H01027 |
Sun TV IPO comprises a total issue size of 68,89,000 shares. Out of which, 41,33,400 (60.00%) are allocated to QIB, 6,88,900 (10.00%) allocated to NII 20,66,700 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 41,33,400 | 60.00% |
| NII (HNI) Shares Offered | 6,88,900 | 10.00% |
| Retail Shares Offered | 20,66,700 | 30.00% |
| Total Shares Offered | 68,89,000 | 100.00% |
Incorporated in 1985, Sun TV Limited is a television broadcasting company focused on regional entertainment, primarily in Tamil and Malayalam languages.
The company operates multiple TV channels, including flagship channel Sun TV, along with KTV, Sun Music, and Surya TV, offering a mix of serials, movies, music, game shows, and talk shows. It also runs Tamil FM radio stations under the Suryan FM brand.
Operations are concentrated in South India, particularly Tamil Nadu and Kerala, where the network has a strong audience presence driven by local-language programming.
The company had 699 employees as of December 31, 2005, with workforce spread across programming, administration, technical, and marketing functions.
| Period Ended | 31 Dec 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 427.33 | 490.10 | 362.62 |
| Total Income | 252.70 | 301.05 | 268.32 |
| Profit After Tax | 101.30 | 76.75 | 77.73 |
| NET Worth | 296.68 | 405.27 | 327.30 |
| Reserves and Surplus | 234.68 | 403.27 | 325.30 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capitalization of the Subsidiaries | 35.58 |
| 2 | Launch of new TV channels | 11.37 |
| 3 | Construction of an owned corporate office, studio facilities and additional uplinking infrastructure | 6.23 |
| 4 | Purchase of new equipment and up-gradation of existing equipment | 3.13 |
| 5 | General corporate purposes | 0.89 |
| Total | 57.19 |
| KPI | Dec 31, 2005 | Mar 31, 2005 |
|---|---|---|
| RoNW | 35% | 19% |
| Price to Book Value | 18.29 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 89.99% |
| Market Cap | ₹6,027.80 Cr. |
The Sun TV IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 46.92 | 68,89,000 | 32,32,62,223 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management fee and underwriting commissions | 1.79 |
| 2 | Advertising and Marketing expenses | 0.13 |
| 3 | Printing and stationery | 0.70 |
| 4 | Others (Monitoring agency fees, Registrars fee, legal fee, etc.) | 0.46 |
| Total | 3.08 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹875.00 | ₹875.00 |
| Open | ₹1,111.00 | ₹1,000.00 |
| Low | ₹1,061.00 | ₹1,000.00 |
| High | ₹1,500.00 | ₹1,502.90 |
| Last Trade | ₹1,466.05 | ₹1,464.65 |
Lead Manager Reports
Sun TV IPO is a main-board IPO of 68,89,000 equity shares of the face value of ₹10 aggregating up to ₹603 Crores. The issue is priced at ₹875 per share. The minimum order quantity is .
The IPO opens on Mon, Apr 3, 2006, and closes on Fri, Apr 7, 2006.
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 Sun TV IPO using UPI as a payment gateway. Zerodha customers can apply in Sun TV IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sun TV IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sun TV IPO opens on Mon, Apr 3, 2006 and closes on Fri, Apr 7, 2006.
Sun TV IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sun TV 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 Sun TV IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sun TV IPO allotment status.
The Sun TV IPO listing date is on .
