Wednesday, April 22, 2015

UFO Moviez IPO to open on Apr 28th

UFO Moviez Ltd is entering in the capital markets with an initial public offering, IPO aggregating Rs. 600.00 Crore. The price band for the issue has been fixed at Rs 615/- at lower level and Rs 625/- at upper level. The minimum bid lot is 24 equity shares and in multiples of 24 equity shares thereafter.

UFO Moviez Ltd is India's largest digital cinema distribution network and in-cinema advertising platform (in terms of numbers of screens), according to CRISIL. They operate India's largest satellite-based, digital cinema distribution network.

The issue opens on Apr 28, 2015 and closes for subscription on Apr 30, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).