Wednesday, May 15, 2013

Onesource Techmedia IPO to open on May 17th

Onesource Techmedia Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 20,00,000 Equity Shares of Rs 10/- each aggregating upto Rs 20 crore. The price for the issue has been fixed at Rs 14/- per share.

Onesource Techmedia Ltd is engaged in the business of distribution and trading of media contents in the form of audio and video cassettes, compact disks etc. They enter in to royalty agreements with various media houses which pave the way for marketing the contents of Hindi devotional, Bengali devotional, Bengali folk songs, Rajasthani Devotional, Rajasthani Folk, Bhojpuri Bhajan, Bhojpuri film, Animation movie – Jai Vigneswara, Tamil TV serials in India and abroad.

The issue opens on May 17, 2013 and closes for subscription on May 21, 2013. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.

Onesource Techmedia Ltd IPO page for more detail.