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
IPO Details
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
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
Projects
Entering screening agreements with cinema theatres
Renovation & Up-gradation of cinema infrastructure