Monday, 6 April 2015

Adlabs Entertainment to make debut on stock market

The issue had opened on March 10 and the issue price for the public issue is Rs 180 per share.

Adlabs Entertainment Ltd, which recently concluded its initial public offer (IPO), will make debut on the stock market. 

Trading Members of the Exchange are hereby informed that effective from April 06, 2015, the equity shares of Adlabs Entertainment Ltd (Scrip Code: 539056) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities, according to BSE.
The company's IPO was subscribed 1.11 times.

The issue had opened on March 10 and the issue price for the public issue is Rs 180 per share. 

The Equity Shares offered through this Red Herring Prospectus are proposed to be listed on BSE and NSE.

The Global Co-ordinators & Lead Managers (“GCLMs”) to the Issue are Deutsche Equities India Private Limited, Centrum Capital Limited & Kotak Mahindra Capital Company Limited.

Earlier, the company has finalised allocation of 27,22,135 Equity Shares to Anchor Investors Daiwa India Stock Active Mother Fund, HDFC Infrastructure Fund, Axis Mutual Fund, L&T Mutual Fund and IL&FS Trust Co (Forefront Alternative Equity Scheme) at Rs. 221 per Equity Share aggregating to Rs. 60.16 crore

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