The upcoming IPO of Mid Valley Entertainment Limited, has been assigned an IPO Grade 1/5 by Brickworks. Brickwork Ratings  ‟BWR IPO Grade 1” 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

Mid Valley Entertainment Ltd. is engaged in film production, distribution & exhibition in South India.  The company produces, distributes and exhibits movies both in Indian and foreign languages. It also holds the music, video and television rights of movies, television serials for sales to TV Channels. The company has earlier produced movies like Thambi and Seena Thana in Tamil.

The company presently has screening agreements with 46 theatres across Tamil Nadu, Andhra Pradesh and Karnataka. The company plans to focus primarily on movie production and exhibition business going forward

Click here to download the Midvalley Entertainment Ltd. IPO Grading Document

Issue Opens on: Monday, January 10, 2011
Issue Closes on: Wednesday, January 12, 2011
Price Band: Rs.64/- to Rs.70/- per equity share
Bid Lot: 95 Equity Shares and in multiples thereof
Lead Manager: Aryaman Financial Services Ltd.
Registrar: Cameo Corporate Services Limited

The Price Band for the first IPO opening in 2011, Mid Valley Entertainment Ltd. IPO is fixed at Rs.64/- to Rs.70/- per equity share for shares having a Face Value of Rs.10/- each. The Bid Lot or the minimum order quantity is fixed at 95 Equity Shares and in multiples thereof

Mid Valley Entertainment IPO would remain open for subscription between Monday, January 10, 2011 and Wednesday, January 12, 2011. The Equity Shares are proposed to be listed on the BSE

Mid Valley Entertainment is a multinational Media & Entertainment company operating from Chennai. It produces, distribute and exhibit movies both in Indian and foreign languages

Mid Valley Entertainment IPO Price Band has been fixed at Rs.64/- per equity share at the lower end and Rs.70/- per equity share at the upper end for equity shares, having a Face Value of Rs.10/- each.

Mid Valley Entertainment Ltd., a south based media and entertainment company, is coming up with an IPO for about Rs.60 Crs, which would open for subscription from Monday, January 10, 2011

Mid Valley Entertainment Ltd. is a film production, distribution and exhibition company, actively engaged in the media and entertainment industry in South India. It has presence in the media and entertainment activity from concept to completion i.e. from script to screen. It produces, distributes and exhibits movies both in Indian and foreign languages

Stay tuned for latest updates on Mid Valley Entertainment Ltd. IPO!

Mid Valley Entertainment Ltd., a south based media and entertainment company, is coming up with an IPO for about Rs.60 Crs, which would open for subscription from Monday, January 10, 2011

Mid Valley Entertainment Ltd. is a film production, distribution and exhibition company, actively engaged in the media and entertainment industry in South India. It has presence in the media and entertainment activity from concept to completion i.e. from script to screen. It produces, distributes and exhibits movies both in Indian and foreign languages

Stay tuned for latest updates on Mid Valley Entertainment Ltd. IPO!