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Monday, January 10, 2011

Mid Valley Entertainment IPO opens from today

The IPO of Mid Valley Entertainment Ltd. is engaged in film production, distribution & exhibition in South India, opens for subscription from today. The IPO would consist of Equity Shares, having a Face Value of Rs.10/- each and would remain open for subscription from Monday, January 10, 2011 to Wednesday, January 12, 2011

The shares will be offered in a Price Band of Rs.64/- to Rs.70/- per equity share with a bid lot of 95 Equity shares and in multiples thereof. Aryaman Financial Services Limited is the Book Running Lead Manager to the Issue, while Cameo Corporate Services Limited is the Registrar to the Issue

Mid Valley Entertainment IPO has been rated by Brickworks Ratings India Pvt. Ltd.. and has been assigned ‟BWR IPO Grade 1”, which indicates poor fundamentals for the issue in relation to the other listed equity securities in India. BWR assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with Grade 5 signifying strong fundamentals and Grade 1 signifies poor fundamentals of the issue in relation to the other listed equity securities in India

Check back Indian IPO Blog for subscription status updates on  Mid Valley Entertainment IPO!
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