Issue Price
₹70
Per Share
GMP
NIL
Grey Market
Est. Listing
₹70
Expected Price
Min. Application
₹13,300
2 lots × 95 shares
Midvalley Entertainment is a multinational Media & Entertainment company operating from Chennai. Midvalley's major businesses are Exhibition and Concept Theatres, Film Production, Distribution, Hospitality and Cine Advertising, etc. It produces, distribute and exhibit movies both in Indian and foreign languages.At present, they are with the network of 40 plus screens across southern peninsula. By 2011, the group positioning to operate 100 plus screens that includes Cineplex, Multiplex, Open Air Theatres and Concept Theatres. Midvalley also preparing well in the segments of film Production and Distribution and expected to release its next movie as by Jan 2011 during Pongal season. Current promoters of the company are Unigold Pacific, Kiara Enigma and Global Motion Pictures & Ventures Ltd.
Midvalley Entertainment Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 8,571,429 | 100.00% | ₹60.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 95 | ₹6,650 |
| Retail (Max) | 2 | 190 | ₹13,300 |
| sNII (Min) | 31 | 2,945 | ₹206,150 |
| bNII (Min) | 151 | 14,345 | ₹1,004,150 |
| Particulars | 31-Jul-10 | 30-Apr-10 | 30-Apr-09 |
|---|---|---|---|
| Revenue from Operations | 486.90 | 1294.74 | 2116.43 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 143.31 | 3.93 | 47.06 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |