✓
Open
23 Jan 2006
✓
Close
27 Jan 2006
3
Allotment
—
✓
Listing
Wed, Feb 15, 2006
Price Band
₹144 to ₹162
Issue Size
1,32,00,000 shares (agg. up to ₹214 Cr)
Listing Date
Wed, Feb 15, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 36.92x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 81.00 | 63.39 | 68.03 | 87.30 |
| Total Income | 49.46 | 76.23 | 56.95 | 20.99 |
| Profit After Tax | 11.05 | -17.90 | -29.30 | -40.19 |
| NET Worth | 44.75 | 33.70 | 51.59 | 80.89 |
| Reserves and Surplus | 10.83 | -93.27 | -65.37 | -36.07 |
| Total Borrowing | 0.04 | |||
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | OTEF and Migration Fee payments under the Phase II Policy | 145.00 |
| 2 | Investment in the Subsidiary | 10.00 |
| 3 | General Corporate Purposes | 25.80 |
| Total | 180.80 |
About Entertainment Network (India) IPO
Entertainment Network (India) Ltd is one of the India’s largest private FM radio broadcaster in terms of both operating stations and audience reach. Its radio stations operate under the brand Radio Mirchi across seven major Indian cities. It is the only private FM broadcaster with a presence in all four metropolitan cities—Delhi, Mumbai, Chennai, and Kolkata—and also the sole private FM operator in Ahmedabad, Indore, and Pune. On January 6, 2005, the company has secured licenses to operate stations in Bangalore, Hyderabad, Nagpur, Kanpur, Lucknow, Surat, and Jaipur. In addition to radio broadcasting, the company has diversified into event management and out-of-home (OOH) media through our brands 360° and Times Out-of-Home Media. These businesses were previously managed by the promoter, TIML, and recently been transferred to our subsidiary, TIMPL. Through our OOH media division, the company offer advertising opportunities by marketing space across a wide network of outdoor media sites to advertisers and agencies. Competitive strengths: Largest operating network and reach among listeners. Track record of developing innovative and creative content. Proven ability to successfully opera
Contact Details
Entertainment Network (India) Ltd. Address4th Floor, A-Wing, Matulya CentreSenapati Bapat Marg, Lower Parel (West)Mumbai, Maharashtra, 40001391 22 5553 6983ipo@radiomirchi.comVisit Website