IPO Issue Details
Issue Price / Price Band₹66 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size21,48,000 shares (aggregating up to ₹14.18 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 19 Sep 2017
Subscription CloseThu, 21 Sep 2017
Anchor AllotmentMon, 18 Sep 2017
Basis of AllotmentWed, 27 Sep 2017
Initiation of RefundsThu, 28 Sep 2017
Credit of Shares to DematThu, 28 Sep 2017
Listing DateFri, 29 Sep 2017
UPI Mandate Deadline2017-09-21
Application & Investment Details
Retail — Min (1 Lots)₹1,32,000 — 2,000 shares
Retail — Max (13 Lots)₹1,716,000 (13 Lots)
HNI — Min (2 Lots)₹2,64,000 — 4,000 shares
NII / HNI Quota47.48% of Issue
Retail Quota47.48% of Issue
Market Maker Quota5.03% of Issue
Net Offer to Public21,48,000 shares (aggregating up to ₹14.18 Cr)
Reserved for Market Maker21,48,000 shares (aggregating up to ₹14.18 Cr)
Pre-IPO Promoter Holding24,20,000 shares
Post-IPO Promoter Holding45,66,500 shares
About Madhya Pradesh Today Media Ltd
Incorporated in 2010, Madhya Pradesh Today Media Limited is primarily engaged in the publication of newspaper, news through newsportal and event based magazine. They are a publishing house having a daily evening Hindi newspaper that was primarily launched in MP and is currently available in Chhattisgarh, UP, Delhi and Maharashtra.The group has also launched a Morning Daily soon thereafter in the year 2010. Now it also has plans to start publication and printing in other States of India in the years to come. The company has a strong team of experts having wide experience in print media. Pradesh Today has all 12-page colored newspaper with an internationally acceptable size form – The first of its type in the Madhya Pradesh State.Pradesh today now covers entire Zone’s all over the Madhya Pradesh by contributing its morning newspaper in 52 Districts of Madhya Pradesh state like Hoshangabad, Vidisha, Dhar, Neemuch, Sagar, Shivpuri, etc. Pradesh today is the only newspaper covering both evening as well as morning newspaper.
Objects of the Issue
Madhya Pradesh Today Media Ltd proposes to utilise the net proceeds for the following objects as stated in the DRHP:
1
Expansion of Business by upgrading Unit Offices in various cities in the State of Madhya Pradesh and Chhatisgarh
Amount: 4.83
2
Working Capital Requirements
Amount: 6.44
3
General Corporate Expenses
Amount: 2.40
4
Issue Expenses
Amount: 0.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
24,20,000 shares
Post-IPO Promoter Holding
45,66,500 shares
