Top Story


Home >> Media – Print >> Article

Amar Ujala files for an IPO

Font Size   16
Amar Ujala files for an IPO

The leading Hindi daily which publishes Amar Ujala has filed draft papers with capital markets Security Exchange Board of India (SEBI) to increase funds via an Initial Public Offer.

The offerings explained all the details of the company about its working process. The face value of the equity share is Rs 10 each.

The draft document says, “The fresh issue of equity shares worth Rs 50 crore and an offer for sale of up to 26.90 lakh equity shares by existing shareholders.”

The draft stated that shareholders are Rajul Maheshwari, MD, Amar Ujala, Sneh Lata Maheshwari and Pun Undertakings Pvt Ltd and the draft also mentioned all the four promoters of the company. They are Rajul Maheshwari, Sneh Lata Maheshwari , Tanmay Maheshwari and Antarctica Finvest Private Limited. Axis Capital and IDFC Securities are managing the issue of Amar Ujala. 

NP Singh, CEO of Sony Pictures Networks India, talks of SPN’s growth drivers, pay wall for content, sharing IP and more…

The future of the industry will be 1:1 advertising as traditional channels, like television, become more addressable: Bryan Kennedy, Epsilon

The Founder of Pocket Aces shared his insights on how the consumption of content has evolved and how digital media is growing as the preferred medium of entertainment.

The production house has already established itself as the leader in the non-scripted genres. However, Rege now wants Endemol to achieve the same in the original scripted zone and film production

A look at the South Indian movies which boosted the viewership of certain channels in week 45 (November 4-10)

The Indian advertising industry currently stands at Rs. 56,398 crore, predicted to grow at a rate of 14 per cent by 2017

Naidu also talks about the ushering in of a new era of digital payments and says this is just the beginning and there’s lots of space for newer players to step in and evolve