Initial public offer of upto 17,56,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Panchatv Bharat Limited (the "Company" or "PBL" or "Issuer") at an issue price of Rs.120.00 per equity share for cash, aggregating up to
Rs. 21.08 crores ("Public Issue") out of which 91,200 equity shares of face value of Rs. 10/- each, at an issue price of
Rs.120.00 per equity share for cash, aggregating Rs. 1.09 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 16,65,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 120.00 per equity share for cash, aggregating up to Rs. 19.99 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 30.02% and 28.47%, respectively, of the post-issue paid-up equity share capital of the company.
The face value of the equity shares is Rs. 10/- each and the issue price is 12 times the face value of the equity shares.