UFO Moviez India Limited, India”s LARGEST digital cinema distribution network and in cinema advertising platform in terms of number of screens
is planning to enter the capital market with initial public offer of its equity shares of Price Band Rs. 615 to Rs. 625 aggregating up to INR 600 Crs.
The Initial Public Offer Opens On : Tuesday, April 28, 2015 and Closes On :Thursday, April 30, 2015.The Lead Managers to this Issue are Axis Capital/Citigroup

Bid Lot:
24 Shares & In multiple thereafter

Registrar
Karvy Computershare Private Limited

QIB
50% of the Net Issue – Rs. 300 Crores

NIB
15% of the Net Issue – Rs. 90 Crores

Retail
35% of the Net Issue – Rs. 210 Crores

Listing
NSE and BSE Incorporated in 2004, 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.

In fiscal year 2014, they digitally delivered more than 1,500 movies in 22 languages to 4,703 screens with aggregate seating capacity of approximately 2.14 million viewers spread across India. Since the beginning of their operations, they have digitally delivered more than 8,100 movies in India. UFO’s global network spans 6,611 screens worldwide, including 4,912 screens across India and 1,699 screens across Nepal, the Middle East, Israel, Mexico and the USA.

Company Promoters:
The promoters of the company are:
1. Mr. Sanjay Gaikwad
2. Mr. Narendra Hete
3. Valuable Technologies Ltd
4. Valuable Media Ltd and
5. Apollo International Ltd

Objects of the Issue:
The objects of the offer are to:
1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges; and
2. Sale of Equity Shares by the Selling Shareholders.

Issue Detail:
»»  Issue Open: Apr 28, 2015 – Apr 30, 2015
»»  Issue Type: 100% Book Built Issue IPO
»»  Issue Size: Equity Shares of Rs.
»»  Issue Size: Rs. [.] Crore
»»  Face Value: Rs. Per Equity Share
»»  Issue Price: Rs. – Rs. Per Equity Share
»»  Market Lot:
»»  Minimum Order Quantity:
»»  Listing At: BSE, NSE

Incorporated in 2004, 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.

In fiscal year 2014, they digitally delivered more than 1,500 movies in 22 languages to 4,703 screens with aggregate seating capacity of approximately 2.14 million viewers spread across India. Since the beginning of their operations, they have digitally delivered more than 8,100 movies in India. UFO’s global network spans 6,611 screens worldwide, including 4,912 screens across India and 1,699 screens across Nepal, the Middle East, Israel, Mexico and the USA.

Company Promoters:
The promoters of the company are:
1. Mr. Sanjay Gaikwad
2. Mr. Narendra Hete
3. Valuable Technologies Ltd
4. Valuable Media Ltd and
5. Apollo International Ltd

Objects of the Issue:
The objects of the offer are to:
1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges; and
2. Sale of Equity Shares by the Selling Shareholders.

Issue Type: 100% Book Built Issue IPO
Listing At: BSE, NSE

Going by the details in the draft documents, UFO Moviez, India’s largest digital cinema distribution network and in-cinema advertising platform in terms of numbers of screens, plans to raise around Rs 750 crore by selling shares of the existing shareholders.

The selling shareholders include PE investors such as 3i Research (Mauritius) Ltd, P5 Asia Holding Investments (Mauritius) Ltd (P5) and promoters selling their partial holdings in the company.

The funds raked in from the offer for sale would be received by the selling shareholders.

Source : Sachin Murdeshwar