10 January 2011

Know more about Midvalley Entertainment: IPO highlights

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Midvalley Entertainment



Sector: Media ; Entertainment

Issue Terms
Issue price / Floor Price (Rs)
64-70
Application per share (Rs)
64.00
Minimum investment amount (Rs)
6,080.00
Minimum bid (no of shares)
95 shares and in multiples of 95 thereafter
Maximum Shares for Retail
3040-2850



ssue Date and Size
Issue opens
10-Jan-11
Issue closes
12-Jan-11
Listing on
BSE
Issue size (Rs cr)
60


Lead Managers & Registrar
Lead Manager(1)
Aryaman Financial Services limited
E-mail
info@afsl.co.in
Lead Manager(2)
N.A.
E-mail
N.A.
Registrar
Cameo Corporate Services Limited
E-mail
investor@cameoindia.com



Company Contact Details
Company's address
9th Floor, Gee Gee Emerald, 312, Valluvar Kottam High Road, Nangumbakkam, Chennai, Tamil
Pincode
600034
Tel No.
91 44 30632454
Fax No.
91 44 30632453
Website
http://www.mvel.in

Description
It is a film production, distribution and exhibition company, actively engaged in the media and entertainment industry in South India. It has presence in the media and entertainment activity from concept to completion i.e. from script to screen. It produces, distribute and exhibit movies both in Indian and foreign languages.

Objects of Issue
Entering into screening agreements with 300 cinema theatres
Renovation and up-gradation of cinema infrastructure with Digital Equipment and other related assets for a select 100 screens
Acquisition of company, acquisition of screening rights of company having similar line, range and objects of business

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