Latest IPO Updates CINERAD COMMUNICATIONS LTD Launches Takeover, Debuting 13-05-2024!

CINERAD COMMUNICATIONS LTD Launches Takeover, Debuting 13-05-2024!

Cinerad Communications Ltd. is a leading player in the Film Production- Distribution & Exhibition industry, categorized under the Consumer Discretionary sector, offering Equity instruments. the company is entered into the public market through its Takeover, set to launch from 13 May 2024 to 28 May 2024. Investors have the opportunity to acquire shares priced at 10.00 each, with a face value of Rs10.00 per share, the market lot for this company is 1.

 

Security Name CINERAD COMMUNICATIONS LTD
Start Date 13-05-2024
End Date 28-05-2024
Offer Price () 10.00
Face Value 10.00
Type Of Issue Takeover
Issue Status Forthcoming
Scripname CINERAD COMMUNICATIONS LTD
Security Type Equity
Symbol CINERAD
Issue Type Takeover
Issue Period 13 May 2024 to 28 May 2024
Tick Price 0.01
Market Lot 1
Book Size – No. Of Shares 49,82,098
Minimum Offer Quantity 1
Maximum Offer Quantity 49,82,098
Floor Price/Offer Price 10.00
Indicative Price
Cummulative Bid Quantity
Name Of Acquirer(s)/Company Pankaj Ramesh Samani (‘Acquirer 1’)
Buyer Member Pravin Ratilal Share and Stock Brokers Ltd
Book Running Lead Manager VIVRO FINANCIAL SERVICES PRIVATE LIMITED
Registrar Niche Technologies Private Limited
Exchange Notices 1) Opening of Offer to Buy – Acquisition Window (Takeover) of CINERAD COMMUNICATIONS LIMITED2) Offer to Buy – Acquisition Window (TAKEOVER) for CINERAD COMMUNICATIONS LTD- Live Activities Schedule3) Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for CINERAD COMMUNICATIONS LIMITED.

 

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