Thursday, February 8, 2007

Raj Television Network IPO Opening on Feb 14

Hi Friends,

Raj Television Network, a regional broadcaster and media company, is entering the capital markets with an initial public offering, IPO of 35,68,250 equity shares of face value of Rs 10 each, for cash, at a premium to be decided through a 100% book-building process.

The price band for the issue has been fixed between Rs 221 and Rs 257 per equity share. The issue opens on February 14, 2007, and closes for subscription on February 23, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.