Top Story

e4m_logo.png

Home >> Media – Print >> Article

Amar Ujala files for an IPO

01-April-2015
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. 

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

Understanding the round-the-clock nature of change, KG Suresh, Director General, Indian Institute of Mass Communication, in a conversation with exchange4media, talked about his plans to introduce a fu...

The mall has a diverse range of media formats that includes, billboards, backlit kiosk, pillar wraps, product/promotion display spaces etc.

The beauty of the internet business is that as your cost curve flattens, your revenue curve keeps growing up and that's why the valuations are so high, said Ashish Hemrajani, Founder-CEO, BookMyShow