IPO Synopsis
| Next Mediaworks Ltd |
|---|
| Registered Office: Unit-701-A 7th Floor Tower-2,Indibulls Fin. Centre SB Marg,Mumbai-400013, Maharashtra |
| Tel. No: +91-22-44104104 |
| Fax No: NA |
| Email: investor.communication @radioone.in |
| Website: www.nextmediaworks.com |
| Public Issue of 71,42,858 Equity Shares ("Issue") of Face Value of Rs 10 each, for cash at a premium of Rs 60 per equity share aggregating Rs 50 cr. The Issue is being made through the 90% Book Building scheme. Not more than 60% of the Issue size (42,84,714 shares) shall be available for allocation on a discretionary basis to Institutional Investors and not less than 15% of the issue size (10,71,429) shall be available for allocation on a proportionate basis to Non-Institutional Investors. The balance 15% (10,71,429) of the issue shall be available for allocation on a proportionate basis to Retail Investors. The Fixed Price Portion of the Issue will constitute a minimum of 10% of the issue (7,14,286) on a proportionate basis to retail investors. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 12-Feb-2001 | 16-Feb-2001 | ₹70.00 - 0.00 | |
| Minimum Application for shares in Nos : 50.0 | Further Multiples of :50.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 65.77 | IL&FS Merchant Banking Services Ltd |
| Project Financed through Current Offer | 45.00 | Prebon Yamane(I) Ltd |
| Post Issue Equity Share Capital | 34.14 | Prebon Yamane(I) Ltd |
| Issue Price | 70.00 | Triumph International Finance India Ltd |
| Projects |
|---|
| To invest in the growth of the publishing business |
| To expand the outdoor business of the Company |
| Investment in the internet business |
| Investment in enabling and support Services |
| To invest in the growth of the publishing business |
| To expand the outdoor business of the Company |
| Investment in the internet business |
| Investment in enabling and support Services |
| Promoted By |
|---|
| Khalid Ansari |
| Tarique Ansari |
| Khalid Ansari |
| Tarique Ansari |
| Listing At |
|---|
| BSE |
| NSE |
| BSE |
| NSE |
| Registrar To The Issue |
|---|
