CEE (I) TV Entertainment Ltd.

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  • Issue Opens :
  • Issue Price: Rs. 20/- per share (FV - Rs.10/-)
  • Issue Size: 26,65,000 shares amounting to Rs.533 lakhs
  • Registrars to the Issue: Integrated Enterprises India Ltd.
  • Issue Closes:
  • Minimum Application: 200 shares @ Rs.20/- each
  • Post-issue promoter’s stake: 26.675%
  • Lead Managers: UTI Securities Exchange Ltd.

Listing on: Bangalore, Mumbai and Chennai Stock Exchanges

Highlights of the Issue

  • Entered the industry almost a decade ago.
  • Main objective of the company is to produce, telecast and market television serials in different languages.
  • Application by NRIs/OCBs is to be made only on a non-repatriable basis.
  • Issue proceeds will be used to meet working capital requirement and also have plans to enter the overseas market.
  • Shri Murali Manohar, Mrs. Sunanda and Kausalya are the three main promoters.
  • Investment can be considered for medium to long-term.

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