Midvalley Entertainment Ltd Announces 60 Cr. IPO

Online, January 8, 2011 (Newswire.com) - Midvalley Entertainment Ltd, a Chennai-based multinational Media & Entertainment company, plans to raise Rs 60 crore through an initial public offer (IPO). The price band for the issue has been fixed at Rs 64-Rs 70 per equity share of face value, Rs. 10 each. The issue will be open from 10 January to 12 January 2011.

Further Details Of IPO
- Minimum Quantity: 95 Shares (Rs. 6650 with 1 Lot)
- Maximum Quantity (1 Lakh Application): 1425 Shares (Rs. 99750 with 15 Lot)
- Maximum Quantity (2 Lakh Application): 2850 Shares (Rs. 199500 with 30 Lot)

The equity shares of the company are proposed to list on the Bombay Stock Exchange and National Stock Exchange. Aryaman Financial Services Ltd. is the Book Running Lead Manager to the IPO.

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