Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
IPO News

| More

UFO Moviez India allots 2.88 mn equity shares at Rs. 625 to anchor investors

Posted On: 2015-05-01 23:48:25

UFO Moviez India Limited (the "Company"), its Board and Selling Shareholders, in consultation with the Global Co-ordinators and Book Running Lead Managers, has finalized the allocation of 2,880,000 Equity Shares in aggregate, to Anchor Investors at Anchor Investor allocation price of Rs. 625 per Equity Share (upper end of the Price Band), aggregating to Rs. 1,800 million (Rs. 180 crore).

The Company allotted 2,880,000 equity shares to anchors as follows: Reliance Capital Trustee Co. Ltd A/c Reliance Regular Savings Fund - Equity Option - 448,000 equity shares; Reliance Capital Trustee Co. Ltd A/c Reliance Regular Savings Fund - Balanced Option - 138,480 equity shares; Reliance Capital Trustee Co. Ltd A/c - Reliance Retirement Fund - Wealth Creation Scheme - 50,016 equity shares; Reliance Capital Trustee Co. Ltd A/c - Reliance Retirement Fund - Income Generation Scheme - 3,504 equity shares; SBI Small and Midcap Fund - 270,000 equity shares; SBI Magnum Global Fund - 290,000 equity shares; Pinebridge Global Funds - Pinebridge Asia Ex Japan Equity Fund - 560,000 equity shares; National Westminster Bank Plc as trustee of the Jupiter India Fund - 213,333 equity shares; Jupiter South Asia Investment Company Limited - South Asia Access Fund - 106,667 equity shares; Amundi Funds A/c Amundi Funds - Equity India - 320,000 equity shares; Ashmore SICAV Indian Small - Cap Equity Fund - 160,000 equity shares; Kotak Opportunities Fund - 72,000 equity shares; Kotak Emerging Equity Scheme - 63,984 equity shares; Kotak Classic Equity Fund - 17,592; Kotak Equity Savings Fund - 6,424 equity shares; and Bharti Axa Life Insurance Company Limited - 160,000 equity shares.

The Company will open on April 28, 2015, a public issue of equity shares of face value Rs. 10 each ("Equity Shares") for cash, at a price per Equity Share (including a Share Premium) aggregating to Rs. 6,000 million (the "Offer") through an Offer for Sale by 3i Research (Mauritius) Limited ("3i RESEARCH"), P5 Asia Holding Investments (Mauritius) Limited ("P5"), Sanjay Gaikwad (Managing Director), Narendra Hete, Valuable Media Limited, Valuable Technologies Limited, Raaja Kanwar, Prafulla Vaidya, Uday Gaikwad, Rakesh Gupta, Amit K. Mehta, Amit S. Shelar, Ashish Sadanand Malushte, Daniyal Appa Parab, Deepak Ranjan, Dheerendra Singh Muchhal, K. Suvarna, Kapil Kumar Agarwal (Joint Managing Director), Ketan Natwarlal Pithadia, Mitalee V. Patel, Mukesh Shanker Sherigar, Nitin Lionel Monteiro, Nitin Nohani, Prashant S. Keluskar, Pravin Ramdas Vaje, Rajendra Laxman Gaikwad, Rajesh B. Mishra, Ravi Sukhadeo Nakhale, Samir Shantaram Surve, Sanjay Pardeshi Chavan, Sudalaimani Konar, Sudhir Vittal Shetty, Swapnil C. Borkar, Vikram Machaiah and Vishnu Vithalbhai Patel (together the "Selling Shareholders").

The Price Band is fixed from Rs. 615 to Rs. 625 per Equity Share. The Anchor Investor Bidding Date shall be on Monday, April 27, 2015 - one Working Day prior to the Offer Opening Date. The Bid/ Issue will close on April 30, 2015. The minimum Bid Lot is 24 Equity Shares and in multiples of 24 Equity Shares thereafter.

The Global Co-ordinators and Book Running Lead Managers (or collectively "Managers") to the Issue are Axis Capital Limited and Citigroup Global Markets India Private Limited.

The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on BSE and NSE.

In terms of Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 41 of the ICDR Regulations, this is an offer for at least 25% of the post-Offer capital and is being made through the Book Building Process, wherein 50% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs"). Provided that our Company, 3i Research, P5 and the Promoter Selling Shareholders, in consultation with the Managers, may allocate up to 60% of the QIB Category to Anchor Investors on a discretionary basis out of which one-third shall be reserved for domestic Mutual Funds only subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription in the Anchor Investor Portion, the remaining Equity Shares shall be added to the Net QIB Category. 5% of the Net QIB Category shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Category shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Offer Price. Further, not less than 15% of the Offer shall be available for allocation on a proportionate basis to Non-Institutional Investors and not less than 35% of the Offer shall be available for allocation, in accordance with the ICDR Regulations, to Retail Individual Investors, subject to valid Bids being received at or above the Offer Price. All investors, other than Anchor Investors, can participate in the Offer through the Applications Supported by Blocked Amount ("ASBA") process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the Self Certified Syndicate Banks ("SCSBs"). However, QIBs (excluding Anchor Investors) and Non-Institutional Investors are mandatorily required to submit their Bids by way of ASBA only.

UFO Moviez India Ltd. is India's largest digital cinema distribution network and in-cinema advertising platform (in terms of numbers of screens), as at October 31, 2014, according to CRISIL. It operates India's largest satellite-based, digital cinema distribution network (in terms of numbers of screens) using UFO-M4 platform, as well as India's largest D-Cinema network (in terms of numbers of screens), according to CRISIL. In fiscal year 2014, it digitally delivered more than 1,500 movies in 22 languages to 4,703 screens with aggregate seating capacity of approximately 2.15 million viewers spread across India. Since the beginning of operations, it has digitally delivered more than 8,800 movies in India until February 28, 2015. As at February 28, 2015, its global network spans 6,626 screens worldwide, including 4,911 screens across India and 1,715 screens across Nepal, the Middle East, Israel, Mexico and the USA. The Company created a pan-India, high-impact, in-cinema advertising platform with generally long-term advertising rights to 3,770 screens, with an aggregate seating capacity of approximately 1.85 million viewers and a reach of over 1,800 locations across India, as at February 28, 2015. It has been able to attract 1,669 advertisers from private and government sectors as of February 28, 2015, compared with 1,056 advertisers in fiscal year 2014 and 563 advertisers in fiscal 2013. It has also been able to grow the consolidated advertisement revenue from Rs. 370.36 million to Rs. 998.64 million from fiscal year 2012 to 2014, at a compound annual growth rate of 64.21%. The Company receives revenues primarily from (i) advertisers, through in-cinema advertising, (ii) movie producers and distributors, for the secured delivery and screening of their movies and (iii) exhibitors, through equipment rental and sales for digital cinema equipment. It has a variety of revenue arrangements with exhibitors depending on the technology format (UFO-M4 or D-Cinema) and investment in equipment. Its technological innovation and business achievements have earned it multiple industry awards, including (i) India's TOP SME 100 Awards for 2014, (ii) Inc. India 500 Certificate of Excellence in recognition of exemplary growth in 2012, (iii) Marico Innovation Foundation's Innovation for India Awards 2012 - Award for Business Innovation, (iv) Technology Fast 50 - India 2010 winner, by Deloitte, (v) the Advertising Club Awards for Excellence in Advertising and Media- For Media Innovation Digital Gold in 2007, (vi) the Idea IIFA Innovation Award in Indian Cinema in 2007 and (vii) Global Entrepolis @ Singapore Award - For Technopreneur of the Year in the Asia-Pacific Region in 2007.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

HDFC updates on proposed IPO of HDFC Standard Life Insurance Company Ltd
Srei Equipment Finance plans to dilute upto 25% of its capital
Cochin Shipyard Ltd - IPO Note - Angel Broking
Security and Intelligence Services (India) Ltd - IPO Note - Angel Broking
M&M to sell part of its stake in Mahindra Logistics Ltd in IPO
Salasar Techno Engineering Ltd - IPO Note - Hem Securities Ltd
ICICI Lombard General Insurance Company Limited files DRHP for IPO
20 Microns Nano Minerals Ltd to come with SME IPO
AU Small Finance Bank Ltd - IPO Note - CSEC Research
AU Small Finance Bank - IPO Note - Sushil Finance
IPO: AU Small Finance Bank - Subscribe - IIFL
CDSL IPO evokes huge demand from investors
Ashok Leyland Ltd's subsidiary Hinduja Leyland Finance withdraws IPO
CDSL IPO subscribed 170.11 times
GTPL Hathway Ltd - IPO Note - Angel Broking
Central Depository Services Ltd - IPO Note - Angel Broking
Bharat Road Network Ltd receives observation letter from SEBI for the DRHP
PSP Projects Limited - IPO Note - Angel Broking
India Grid Trust - IPO Note - Angel Broking
Hudco Ltd - Focus on Housing and Urban Infrastructure Finance in India: Angel Broking
S Chand and Company Limited IPO garners subscription of 59.49 times
S.Chand & Company Ltd - Providing the syllabus for growth: Angel Broking
S. Chand and Company Limited - IPO Note - Sushil Finance
Shankara Building Products Limited IPO to close for subscription today
CL Educate Limited receives subscription of 1.90 times
Escorp Asset Management IPO to open for subscription on Mar 31, 2017
Avenue Supermarts Limited to list today
Chemcrux Enterprises Ltd SME IPO gets huge over subscription
Shankara Building Products Limited - Thrust on retail to boost potential - Angel Broking
CL Educate Limited - Preparing for the big Test: Angel Broking
Optimus Finance Ltd announces IPO of wholly owned subsidiary
Gitanjali Brands Limited files DRHP with SEBI, BSE and NSE
Jagran Prakashan Limited announces fixing of IPO price by Music Broadcast Ltd at Rs. 333
Avenue Supermarts Limited - A retailer with a growth appetite - Angel Broking
Avenue Supermarts Limited - IPO Note - Sushil Finance
Music Broadcast Limited - IPO Note - Sushil Finance
Avenue Supermarts Limited - A retailer with a growth appetite: Angel Broking
Music Broadcast Limited fixes IPO price band as Rs. 325 to Rs. 333
Music Broadcast Limited IPO to open on Mar 6, 2017
India Finsec Ltd arm IFL Enterprises Limited gets approval fo Public Issue of equity shares on SME Platform of BSE Limited
SREI Infrastructure Finance Ltd's arm Bharat Road Network Limited Files DRHP with SEBI for IPO
GlobalSpace Technologies Limited plans SME IPO, files papers with BSE
Nakshatra World Limited, wholly owned subsidiary of Gitanjali Gems Ltd to raise funds through IPO
Jagran Prakashan Ltd arm Music Broadcast Ltd files DRHP with SEBI for IPO
Majestic Research Services and Solutions Ltd receives approval from ROC for RHP filed for Further Public Issue
GNA Axles Limited - IPO Note Attractive on Valuations: Subscribe - Angel Broking
L&T Technology Services Limited - Issue competitively priced - Subscribe - Angel Broking
IRB Infrastructure Developers Ltd arm files for IPO of units
RBL Bank - IPO Note - SUBSCRIBE - Long-term Play on Strong Growth Potential - Reliance Securities
RBL Bank - IPO Note - Strong Management at the helm of affairs - Angel Broking


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2017