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.


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

Secondary Market?

Secondary Market? Secondary Markets refers to a market where securities are traded after being initially offered to the public (IPO) in the primary market, Secondary market comprises ...…

Initial Public Offer

Initial Public Offer Initial Public Offer. The initial sale of share by a firm for the public. The commonest reason for a firm to start an IPO is ...…

4 Blunders To Avoid While Stock Markets Fall

4 Blunders To Avoid While Stock Markets Fall The current outlook on the market seems utmost pessimistic on concerns of High crude oil prices, inflation, high interest hurting corporate earnings etc. Analyst on ...…

What IS a Share?

What IS a Share? [ad name="468x15- 5 link"] share is a unit of account for various financial instruments including mutual funds, stocks, limited partnerships, and REIT's. In simple Words, stock ...…

American Depositary Receipt

American Depositary Receipt American Depositary Receipt (ADR) is known as a negotiable certificate  issued by an american bank stating that a number of stocks in the overseas firm ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV