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Jul 15, 2007

Mid Valley Entertainment Limited IPO - Files for DRHP with SEBI


Mid Valley is a global media company involved in the business of film production, distribution and exhibition. The company is headquartered in Chennai and has been focusing on South Indian entertainment through production of Tamil feature films and Tamil television serials. Mid Valley has also produced Thambi, a block buster movie starring Madhavan, and more than 500 episodes of television serials. The company has distributed many audio titles and has acquired rights for the overseas telecast of over 1200 movies and about 5000 serials across genres. IPO DetailsPublic issue of 90, 00,एकुइटी shares of rs. 10 each of midvalley entertainment limited (“midvalley” or the “company” or the “issuer” for कैश at a price of rs. [●] per equity share (including a share premium of rs. [●] per equity share] aggregating rs. [●] lacs (“the issue”). The issue comprises a reservation for एम्प्लोयीस of up to 3, 00,000 equity shares aggregating rs. [●] lacs (the “employee reservation portion”) and a net issue to the public of up to 87, 00,000 equity shares of rs.10 each aggregating rs. [●] lacs (the “net issue”). The issue will constitute 25.97% of the fully diluted post-issue equity share capital of the company.