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

Definitions For Interest

Definitions For Interest When you take a loan, you are expected to pay for utilizing it - that is called as a Interest. Interest is actually money charged ...…

Meaning For Abridged Prospectus

Meaning For Abridged Prospectus 'Abridged Prospectus' is usually a shorter model of the-Prospectus and possesses all the significant features of a Prospectus. That accompanies the application-form of public issues - [ad ...…

Stock Splits

Stock Splits [ad name="468x15- 5 link"] what is a stock split? A stock split is really a procedure helpful to enhance the number of stocks in order to issue ...…

Definition For Lock In Profits

Definition For Lock In Profits Realizing the profits of a position, like buying a share, through exiting at a gain. By locking in, that part of the investment is not ...…

What Is Face Value Of A Share And Debenture?

What Is Face Value Of A Share And Debenture? stated value given to a security by the company. For stocks, it's the original price of the share shown on the certificates for bonds, it's ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics