I HOPE ASHOKA AND WABAG IPO DO NOT OPEN IN THIS MONTH.
ALREADY GOOD IPO LIKE EROS AND CAREER POINT IS OPENING NEXT WEEK.
I M STILL HOLDING 2000 SHARES OF GPPL @ IPO FOR A BETTER PRICE, TODAY I EXITED SOME QTY IN MUNDRA PORT AS GPPL IS MORE OR LESS SIMILAR CO TO STAY INVESTED. NOW I CAN WAIT.
IN THIS CO QIB RESPONSE WAS NOT UPTO THE MARK, IT WAS HNI DRIVEN IPO AND SOME OPERATORS REVERSED THE LISTING GAME FOR HNI, IT SHOULD HAVE TRADED AT 55-60 THAT WAS MY ORGIONAL EXPECTATION AS I FOUGHT WITH YOU FOR DAY ONE TARGET OF 58.
ANYWAY ITS A GOOD LT HOLD, BUT NOW A DAYS EVERY IPO IS A GOOD LT HOLD & WE HAVE LTD AMT OF RESOURCES TO DEAL WIH ALL.
Eros International Media, a part of Eros group, is set to tap capital markets by opening its public issue for subscription on September 17. As per draft prospectus, the company plans to raise up to Rs 350 crore via initial public offering (IPO).
Indian company, Eros Digital Private Limited holds 30.39% stake and foreign company, Eros Worldwide holds 69.60% stake in the company. The issue will close on September 21.
Eros Group is a global player within the Indian media and entertainment sector and has been in the business for close to three decades. The Eros Group has an extensive film library and is in the business of sourcing Indian and other film content and exploiting it worldwide through its offices in India, UK, USA, UAE, Singapore, Australia, the Isle of Man and Fiji across formats such as theatres, home entertainment, television and digital new media. Eros plc, the holding company of the Eros Group, is a promoter of the company and is listed on the Alternative Investment Market of the London Stock Exchange.
The issue proceeds will be used for acquiring and co-producing Indian films, including primarily Hindi language films as well as certain Tamil and other regional language films.
The company intends to use up to Rs 280 crore from the net proceeds, to fund Hindi, Tamil and other regional language film projects that it intends to release in fiscal 2011 and 2012