Next Mediaworks Ltd - IPO

Next Mediaworks Ltd IPO Details

Public Issue of 71,42,858 Equity Shares (Issue) of Face Value of Rs 10 each, for cash at a premium of Rs 60 per equity share aggregating Rs 50 cr. The Issue is being made through the 90% Book Building scheme. Not more than 60% of the Issue size (42,84,714 shares) shall be available for allocation on a discretionary basis to Institutional Investors and not less than 15% of the issue size (10,71,429) shall be available for allocation on a proportionate basis to Non-Institutional Investors. The balance 15% (10,71,429) of the issue shall be available for allocation on a proportionate basis to Retail Investors. The Fixed Price Portion of the Issue will constitute a minimum of 10% of the issue (7,14,286) on a proportionate basis to retail investors.

Objective of issue

To invest in the growth of the publishing business. To expand the outdoor business of the Company. To expand the outdoor business of the Company. To expand the outdoor business of the Company. To expand the outdoor business of the Company. Investment in the internet business. Investment in the internet business. Investment in the internet business. Investment in the internet business. Investment in enabling and support Services. Investment in enabling and support Services. Investment in enabling and support Services. Investment in enabling and support Services.

Next Mediaworks Ltd Contact Details

Next Mediaworks Ltd, Sri Padmavati Bhavan, Plot No 93 Rd No 16, MIDC Andheri (E), Mumbai - 400093

Phone - 91-22-28372385

Fax - 91-22-28201783

Website - www.nextmediaworks.com