IPO Synopsis
| Tips Music Ltd |
|---|
| Registered Office: 601 Durga Chambers 6th Floor,278/E Linking Road Khar (W),Mumbai-400052, Maharashtra |
| Tel. No: 91-022-66431188 |
| Fax No: 91-022-66431189 |
| Email: response@tips.in |
| Website: www.tips.in |
| Public Issue of 30,00,000 equity shares of Rs 10/- each for cash at a premium of Rs 315/- per share(i.e. price of Rs 325/- per equity share) aggregating Rs 97.50. The issue comprises of Book Built Portion of 27,00,000 equity shares and Fixed price Portion of 3,00,000 equity shares. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 05-Sep-2000 | 12-Sep-2000 | ₹325.00 - 0.00 | |
| Minimum Application for shares in Nos : 1050.0 | Further Multiples of :50.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 187.95 | Anand Rathi Securities Pvt Ltd |
| Project Financed through Current Offer | 87.75 | Triumph International Finance India Ltd |
| Post Issue Equity Share Capital | 12.00 | Triumph International Finance India Ltd |
| Issue Price | 325.00 |
| Projects |
|---|
| To setup studio for recording music, videos etc |
| To setup mfg. plant for Compact Discs. |
| To expand existg. cassette mfg. facilities. |
| To acquire audio rights |
| To setup studio for recording music, videos etc |
| To setup mfg. plant for Compact Discs. |
| To expand existg. cassette mfg. facilities. |
| To acquire audio rights |
| Promoted By |
|---|
| Kumar Taurani |
| Ramesh Taurani |
| Renu Taurani |
| Kumar Taurani |
| Ramesh Taurani |
| Renu Taurani |
| Listing At |
|---|
| BSE |
| NSE |
| BSE |
| NSE |
| Registrar To The Issue |
|---|
