The book-built issue of Bharatiya Global Infomedia is valued at Rs 55.10 crore. On July 11, 2011, the Bharatiya Global Infomedia IPO bidding began, and it concluded on July 14, 2011. On July 28, 2011, the shares were listed on the BSE and NSE. The IPO price range for Bharatiya Global Infomedia is ₹75 to ₹82 per share. 75 Shares is the minimum lot size required for an application. Retail investors are required to invest a minimum of ₹6,150.
Bharatiya Global Infomedia Ltd (BGIL), a technology-based company, was founded in 1994 and specialises in providing RFID and smart card information technology-based solutions as well as digital post production studio services. BGIL is a research and development-focused organisation that focuses on areas including information technology security, compliance automation software solutions, and media and entertainment industry technologies. In order to lower risk, BGIL automates security and compliance procedures, offers visibility throughout
the IT infrastructure, and detects security threats and compliance violations with intelligence. They have 32 radio frequency identification solutions in total, of which the Indian government has registered eight of them. The company’s IT division has used radio frequency identification (RFID) technology in-house at its R&D unit in Noida to build goods. The main technology of BGIL is RFID, which uses radio waves to identify and track the identity, position, and conditions of people, merchandise, tools, and other assets.
Bharatiya Global Infomedia IPO Details
IPO Date | July 11, 2011 to July 14, 2011 |
Listing Date | July 28, 2011 |
Face Value | ₹10 per share |
Price Band | ₹75 to ₹82 per share |
Lot Size | 75 Shares |
Total Issue Size | 6,720,000 shares (aggregating up to ₹55.10 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Bharatiya Global Infomedia IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 75 | ₹6,150 |
Retail (Max) | 32 | 2400 | ₹196,800 |
Bharatiya Global Infomedia IPO Reservation
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | – | NA |
QIB Shares Offered | 3,360,000 (50.00%) | NA |
NII (HNI) Shares Offered | 1,008,000 (15.00%) | |
Retail Shares Offered | 2,352,000 (35.00%) | 31,360 |
Total Shares Offered | 6,720,000 (100%) |
Objects of the Issue (Bharatiya Global Infomedia IPO Objectives)
The object of the issue are to:
- Setting up of Corporate office at Noida & Branch Office at Mumbai;
- Purchase of owned Corporate office at Noida & relocation of Branch Office at Mumbai
- Upgradation of Digital Post Production Studio and Investment in IT division
- Expansion of R&D technology centre;
- Repayment of bank borrowings;
- Meeting long term working capital requirements;
- Meeting general corporate purposes; and
- Meeting Issue Expenses.
Bharatiya Global Infomedia IPO Listing Details
Listing Date | July 28, 2011 |
BSE Script Code | 533499 |
NSE Symbol | BGLOBAL |
ISIN | INE224M01013 |
Final Issue Price | ₹82 per share |
Bharatiya Global Infomedia Listing Day Trading Information
Price Details | BSE | NSE |
---|---|---|
Final Issue Price | ₹82.00 | ₹82.00 |
Open | ₹84.00 | ₹81.90 |
Low | ₹27.15 | ₹26.10 |
High | ₹84.00 | ₹83.00 |
Last Trade | ₹30.95 | ₹29.90 |
Bharatiya Global Infomedia Ltd Contact Details
Bharatiya Global Infomedia Ltd
623, 6th Floor, Devika Tower,
6, Nehru Place,
New Delhi- 110 019
Phone: +91-11- 40765562
Email: [email protected]
Website: http://www.bgilinfo.com
Bharatiya Global Infomedia IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com
Bharatiya Global Infomedia IPO FAQs
Q1. What is Bharatiya Global Infomedia IPO?
Ans. Bharatiya Global Infomedia IPO is a main-board IPO of 6,720,000 equity shares of the face value of ₹10 aggregating up to ₹55.10 Crores. The issue is priced at ₹75 to ₹82 per share. The minimum order quantity is 75 Shares. The IPO opens on July 11, 2011, and closes on July 14, 2011.
Q2. When Bharatiya Global Infomedia IPO will open?
Ans. The Bharatiya Global Infomedia IPO opens on July 11, 2011 and closes on July 14, 2011.
Q3. What is the lot size of Bharatiya Global Infomedia IPO?
Ans. Bharatiya Global Infomedia IPO lot size is 75 Shares, and the minimum amount required is ₹6,150.
Q4. When is Bharatiya Global Infomedia IPO listing date?
Ans. The Bharatiya Global Infomedia IPO listing date is on July 28, 2011.