Television

Deccan Chronicle IPO oversubscribed 1.82 times on Day 1

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2016/05/18/deccan%20chronical.jpg?itok=SO9u8S0y

MUMBAI: The initial public offer (IPO) of Deccan Chronicle Holdings Limited, publishers of the English broadsheet newspaper Deccan Chronicle, opened today to a positive response from the capital markets. The 8.01 million shares on offer were oversubscribed more than 1.82 times by the end of the first day.

The public issue offer for ownership of India's first listed broadsheet newspaper is slated to close on 2 December. The final share allocation and pricing will be determined through the book-building route, the company has determined the price band as being between Rs 162 and Rs 194. At this price, the IPO is expected to yield between Rs 1.3 billion and Rs 1.55 billion.

Deccan Chronicle Holdings Limited has appointed ICICI Securities Limited as the lead managers to the issue. The issue constitutes approximately 20 per cent of the fully diluted post offer paid-up capital assuming that the green shoe option is not exercised, and approximately 22 per cent assuming that the green shoe option is exercised in full.

Deccan Chronicle is the largest circulated and read English newspaper in Andhra Pradesh. The capital raised by the IPO will be used for financing new printing facilities, and for venturing into new territories and future strategic initiatives & acquisitions. The company has announced that it will be launching Deccan Chronicle in Tamil Nadu shortly.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/15/dsport.jpg?itok=aG_5Yuxw
DSPORT to telecast marquee european tour events in india

DSPORT, a premium sports channel of Discovery Communications, will broadcast live , Marquee events from the European Tour 2019, Europe’s premiere and one of golf’s strongest professional tours featuring some of the world’s top professional golfers.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/15/tv_0.jpg?itok=VNea0CHD
TV18 boosts Network18 numbers for third quarter

Mukesh Dhirbhai Ambani’s media arm, Network18 reported improved numbers for the quarter ended 31 December 2018 (Q3 2019, quarter under review) as compared to the corresponding year ago quarter Q3 2018).

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/15/nm.jpg?itok=Saurl_Ya
PM Narendra Modi's interview with ANI News garners 5.9 mn impressions

Indian PM Narendra Modi gave an interview to ANI News on 1 January 2019. It raked in 5.9 million impressions in the Hindi news genre, according to BARC India.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/15/cc.jpg?itok=jIb76f5i
Comedy Central and BSF join forces to ‘Spread The Cheer’ among the Jawans in Jammu

Comedy Central – India’s leading 24-hour English Entertainment channel is committed towards making India smile and spreading cheer in citizens’ lives.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/14/discovery.jpg?itok=xC9KADws
Discovery Channel to premiere epic Docu-Drama ‘First Man'

Who are we? Where did we come from? What makes us human? The two hour special First Man, premiering on Discovery Channel on January 15 at 9:00 pm

Television TV Channels Factual @ Discovery
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/14/tv_0.jpg?itok=ilxqj_Zc
&TV presents an unusual love story Main Bhi Ardhangini

It is often said that a man’s life can never be complete without a wife i.e. his ‘Ardhangini’ or his better half. Donning multiple roles

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/14/fanney.jpg?itok=J0nHnxV5
Follow your passion with this slice-of-life story of Fanney Khan with its World Television Premiere Only on Sony MAX

Set to conquer the world battling the daily rat-race, a father-daughter duo is passionate to achieve their goals against all odds.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/14/shemaroo.jpg?itok=aTKQha0R
Shemaroo Entertainment Limited LaunchesSix New Services onInDigital& NXTDigital

Shemaroo Entertainment Limited, one of India’s leading content power house,has successfully launched six new servicesonthe digital television distribution platforms of IndusInd Media & Communications Ltd.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/14/times.jpg?itok=PvcXfOHB
Times Network and NSE launch Prosperous India 2019

Times Network, India’s leading television broadcasting network, in partnership with NSE launched ‘Prosperous India 2019

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories