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Sunday, September 19, 2010

CARE has assigned an IPO Grade 4/5 to the IPO of Eros International Media Limited, indicating Above Average Fundamentals. The objects of the Issue are to raise capital for acquisition and co-production of Indian films, including primarily Hindi films as well as certain Tamil and other regional language films and for General corporate purposes.

The Price Band for the IPO has been fixed at Rs.158/- to Rs.175/- per equity share. The Bid Lot will be 40 Equity Shares and in multiples thereof

Stay tuned for more on Eros International IPO!

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