Public issue of 85,71,429 equity shares of Rs. 10/- each (The "Equity Share") for cash at a price of Rs. 70/- per equity share (including a share premium of Rs. 60/- per equity share) aggregating to Rs. 60.00 crores ("The Issue") by Midvalley Entertainment Limited ("MVEL" or The "Company" or The "Issuer"). The issue shall constitute 25.04% of the post issue share capital of the company.
Issue price: Rs. 70/- per equity share of face value Rs. 10 each.
Issue price is 7.0 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
10-Jan-2011
12-Jan-2011
₹ 70.00
₹ 0.00
Minimum Application for shares in Nos : 95.0
Further Multiples of : 95.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
60.00
Aryaman Financial Services Ltd
Project Financed through Current Offer
60.00
Post Issue Equity Share Capital
34.22
Issue Price
₹70.00
Projects
Entering screening agreements with cinema theatres
Renovation & Up-gradation of cinema infrastructure