Lokmat Media IPO

Lokmat Media IPO Lokmat Media has planned to enter the capital market for financing its development plan. Lokmat Media has filed DRHP with the Securities and Exchange Board of India for IPO issue of 13,829,064 equity stocks.

Lokmat Media publishes 3 news-papers: Lokmat in Marathi, Lokmat Times in English and Lokmat Samachar in Hindi that collectively possess seventeen editions and also fifty eight sub editions.

Lokmat-Media’s flagship news paper Lokmat continues to be the top Marathi news paper with regards to average day-to-day circulation as well as average every day readership in Maharashtra,

Promoter’s Mr VijayDarda as well as Mr RajendraDarda keep 54.75percent stake in firm and also other members of the family keep 45.25percent stake, that will be decreased to 41.07percent & 33.93percent post issue.

Firm plans to utilize total issue proceeds of Rs 368.6 cr for improving current printing amenities (Rs 150.36); building capacity for development to fresh markets (Rs 90 cr), promotion, marketing and brand building (Rs 30 cr ); repayment and pre-payment of loans (Rs 48.23 cr, buying and coproducing Indian movies and investments in IBNL around Rs 25 crore.


Tags;

Lokmat Media IPO come market,  ipo open date close date, listing subscription details  Face Value, Tick Size, Minimum Order Qty, Market Lot, Issue Type,  lokmat media ipos, initial public offer of lokmat ,  initial public offer allotment

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Who makes the Offer Documents / Prospectus?

Who makes the Offer Documents / Prospectus? Commonly, the public issues of firms are maintained by "Merchant Bankers" who are accountable for obtaining the project estimated, finalizing the value of the projects, ...…

When Begins Investing

When Begins Investing [ad name="Banner 468 x 60 Text emage"] The quicker one begins investing the better. By investing very early a person allow investment funds a longer period ...…

Mutual Funds

Mutual Funds Why  you need a expert or a financial planner to select the funds & timely review them because even a 3% difference in the Portfolio ...…

Preference Shares

Preference Shares Dividend that is first paid to preference shareholders before any dividends are paid to common stock holders, This shares represent partial ownership in a company ...…

Auction Market

Auction Market An auction  market is a good example of buying and selling of financial instruments (stocks) which happens on the floor of the exchange, such as ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics