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Open
11 Jul 2011
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Close
14 Jul 2011
3
Allotment
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Listing
Thu, Jul 28, 2011
Price Band
₹75 to ₹82
Issue Size
67,20,000 shares (agg. up to ₹55 Cr)
Lot Size
75 Shares
Listing Date
Thu, Jul 28, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.47x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (a) Purchase of owned Corporate Office & relocation of Branch Office | 9.90 |
| 2 | Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (b) Upgradation of Digital Post Production Studio and Investment in IT division | 22.05 |
| 3 | Expansion of R&D technology centre | 6.57 |
| 4 | Repayment of bank borrowings | 2.70 |
| 5 | Meeting long term working capital requirements | 5.05 |
| 6 | General Corporate Purpose | 6.50 |
About Bharatiya Global Infomedia IPO
Incorporated in 1994, Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development.BGIL provides visibility across the IT infrastructure, intelligently identifies security threats and compliance breaches, and automates security and compliance processes to reduce risk. They have total of 32 Radio Frequency Identification solutions, out of which they got registration for 8 solutions from Government of India. The IT division of the Company has developed products in house in its R& D centre in Noida using Radio Frequency Identification (RFID) technology. RFID is the key technology of BGIL and used for identification and tracking of the identity, location and conditions of assets, tools, inventory, people using radio waves.+ Read More
Contact Details
Bharatiya Global Infomedia Ltd. Address623, 6th Floor, Devika Tower6, Nehru PlaceNew Delhi, New Delhi, 110019+91-11- 40765562kumar.pushkar@bgilinfo.comVisit Website