Madhya Pradesh Today Media IPO

Madhya Pradesh Today Media IPO

Madhya Pradesh Today Media IPO

Business description from prospectus - Pradesh Today - a daily Hindi Newspaper, was launched in the year 2010. Thereafter, the newspaper was launched on a bigger scale and the mega launching of ‘Pradesh Today’ was carried out on 5th April 2011. In its survey phase only, it notched up a paid-booking of approximately 55,181 copies per day. The Company achieved its Break-Even within a period of one year.

‘Pradesh Today’ is the First Evening Daily of the Madhya Pradesh State which is providing all its 12 pages coloured and that too in an international size form of newspaper. It also introduced Morning Daily newspaper in the State of Madhya Pradesh in the year 2010. After establishing well all over Madhya Pradesh and Chhatisgarh States, the company introduced its newspaper in the State of Uttar Pradesh, Delhi & Maharashtra. Now it also has plans to start publication and printing in other States of India in the years to come. The company has a strong team of experts having wide experience in print media.

The number of copies circulated/distributed per day by the Pradesh Today on state wise basis are as under:

Madhya Pradesh - 15,55,483

Chhattisgrah - 1,87,314

Uttar Pradesh - 1,15,082

Delhi - 1,13,338

Maharashtra - Negligible

Promoters of Madhya Pradesh Today Media – Mr. Hradayesh Kumar Dixit and Mr. Shantanu Dixit

Madhya Pradesh Today Media IPO details

Subscription Dates19 - 21 September 2017
IPO Price bandINR66 per share
Fresh issue 2,146,500 shares (INR14.17 crore)
Offer for sale Nil
Total IPO size2,146,500 shares (INR14.17 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform

Madhya Pradesh Today Media's financial performance (in INR crore)

FY2013FY2014FY2015FY2016FY2017
Total revenue10.615.715.415.219.3
Total expenses9.914.614.714.215.8
Profit after tax0.50.70.40.72.3

Madhya Pradesh Today Media Contact Details

Madhya Pradesh Today Media Limited
178, Bhakt Prahlad Nagar,
Near Gangwal Bus Stand,
Opposite M.O.G. Lines, Indore-452 006

Phone: +91 75530 95500
Email: [email protected]
Website: www.pradeshtoday.com

Madhya Pradesh Today Media IPO Subscription Details

Day

Subscription (no. of times)

Day 10.30
Day 20.48
Day 32.93

 

Madhya Pradesh Today Media Valuation (latest FY)

Earnings Per Share (EPS): INR9.63

Price/Earnings (P/E) ratio: 6.85

Return on Net Worth (RONW): 51.85%

Net Asset Value (NAV): INR18.58 per share

Registrar of Madhya Pradesh Today Media IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Madhya Pradesh Today Media IPO Allotment Status

Madhya Pradesh Today Media IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

LISTING PERFORMANCE OF Madhya Pradesh Today Media IPO

IPO Opening Date: 19 September 2017

IPO Closing Date: 21 September 2017

Listing Date: 29 September 2017

Listing Price on NSE SME: INR70 per share (up 6.1% from IPO price)

Closing Price on NSE SME: INR79.2 per share (up 20% from IPO price)

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