Public issue of 42,00,000 equity shares of Rs. 10 each ("equity shares") for cash at a price of Rs.250/- per equity share of Global Broadcast News Limited ("GBN", "the company" or "the issuer") aggregating up to Rs.105.00 Crores (the "issue"). The issue comprises a net issue to the public of up to 40,00,000 equity shares of Rs. 10 each aggregating up to Rs.100.00 Crores ("the net issue") and a reservation of 2,00,000 equity shares of Rs. 10 each for subscription by eligible employees aggregating upto Rs. 5.00 Crores (as defined herein) (the "employee reservation portion"), at the issue price. The issue shall constitute 15.71% of the fully diluted post-issue capital of Global Broadcast News Limited.
Issue Price : Rs.250/- per equity share of face value Rs. 10
The issue price is 25 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
15-Jan-2007
18-Jan-2007
₹ 250.00
₹ 0.00
Minimum Application for shares in Nos : 25.0
Further Multiples of : 25.0