Eros International Media Ltd IPO

Eros International Media Limited LogoEros International Media Ltd is part of the Eros Group, which has global presense in Indian media and entertainment arena. The Eros Group operates on a vertically integrated studio model controlling content as well as distribution & exploitation across all formats globally, including cinema, digital, home entertainment and television syndication.

Established in 1977, Eros has over three decades of market leadership in creating a global platform for Indian cinema. The group has an enviable distribution network that spans across 50 countries and over 27 dubbed foreign languages, with offices in India, UK, USA, Dubai, Australia, Fiji, Isle of Man and Singapore. Eros has built a successful business model by combining the release of a portfolio of over 70 new films every year with the exploitation of a valuable film library of over 2000 film titles.

In 2006, Eros plc, the holding company of the Eros Group, became the first Indian media company to obtain a listing on the Alternative Investment Market (AIM) of the London Stock Exchange.

Company Promoters:

The promoters of the company are:

1. Eros International plc
Incorporated in 2006, Eros plc is engaged in the business of producing, commissioning, distributing and exploiting films in all formats globally.

2. Eros Worldwide
Incorporated in 2001, Eros Worldwide in is engaged in the business of media and entertainment. The promoter of Eros Worldwide is Eros plc, which holds 100.0% of its issued share capital.

Company Financials:

ParticularsFor the year/period ended (Rupees in lakhs)
31-Mar-1031-Mar-0931-Mar-0831-Mar-0731-Mar-06
Total Income54,750.7547,960.7943,878.0718,431.869,497.38
Profit After Tax (PAT)5,163.854,792.833,448.34327.11122.56


The objects of the Issue are:
1. Acquiring and co-producing Indian films, including primarily Hindi language films as well as certain Tamil and other regional language films.
2. General corporate purposes.

Issue Detail:

»» Issue Open: Sep 17, 2010 - Sep 21, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 20,000,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 350.00 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 158 - Rs. 175 Per Equity Share
»» Market Lot: 40 Shares
»» Minimum Order Quantity: 40 Shares
»» Listing At: BSE, NSE

Eros International Media Ltd IPO Grading / Rating

CARE has assigned an IPO Grade 4 to Eros International Media Ltd IPO. This means as per CARE company has 'Above Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for Eros International Media Ltd.

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Eros International Media Limited IPO Tags:

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Bidding Status (IPO subscription detail):

Number of Times Issue is Subscribed (BSE + NSE)
As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional InvestorsRetail Individual Investors (RIIs)Total
Shares Offered / Reserved 9,691,140 2,215,189 6,645,569 18,551,898
Day 1 - Sep 17, 2010 17:00 IST 0.1800 3.7400 0.6900 0.7900
Day 2 - Sep 20, 2010 17:00 IST 0.8200 4.6300 2.0400 1.7100
Day 3 - Sep 21, 2010 21:00 IST 25.7900 73.4000 11.9500 26.5100