Thursday, September 22, 2016

Diksat Transworld IPO to open on Sep 29th

Diksat Transworld Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 4,608,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 36 at lower level and Rs 40 at upper level.

Diksat Transworld Limited is engaged in the business of Media and Entertainment through the mediums of Television, Newspapers and Movies. Headquartered in Southern India they are established television broadcaster and newspaper circulation in India. The company owns and operates four satellite channels, including Win TV (Tamil), Win TV (U.P.), Cuisine TV, and Aaseervatham TV; and circulates a daily newspaper named Tamil News.

The issue opens on Sep 29, 2016 and closes for subscription on Oct 06, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

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