Eros: celebrating IPO success in its own style

Eros: celebrating IPO success in its own styleThe well known Eros International Media, which is a subsidiary of Eros International Plc, hoisted up Rs. 350 crore via the public offer and anticipates utilizing these earnings to obtain and co-create films in a number of dialects.

Today the group churned out a astral introduction on the bourses, unbolting 17 per cent upwards at Rs. 204.45 on the National Stock Exchange and 21 per cent elevated at Rs. 213 on the Bombay Stock Exchange. Further aka Superstar Shahrukh Khan was in attendance for the catalog observance.

Investors subscribing to Eros International's issue

Investors subscribing to Eros International's issueEros International Media is stepping in the capital market via a public issue hoisting approximately Rs 350 crore at the price band of Rs 158-175. The group campaigns to employ a few of Rs 280 crore to obtain or co-produce films in Hindi and different local languages.

It has an alluring channel of movies that might get released in approaching quarters. Movies such as Desi Boyz and Anjaana Anjaani, in Hindi and a little other in Tamil and Marathi have been acknowledged for the net earnings of the issue.

Brokers eye Eros Intl IPO differently

Brokers eye Eros Intl IPO differentlyIndian arm of Eros Group, Eros International Media is going to come up with a public issues. The total money it plans to raise from this is going to be 3.50 billion rupees and as many as 20-22 million shares will be floated in the market. Each share is going to be priced 10 rupees and the price band of the issue is between 158-175 rupees each for equity share.

The issue which is going to close on September 21 will constitute up of 22-24 per cent of the total paid up capital of the company.

Eros Signs Strategic Alliance With T-Series

Eros Signs Strategic Alliance With T-SeriesMedia and entertainment company Eros has inked a strategic alliance with music label T-series through which T-series can exclusively exploit the music and audio visual rights of upcoming Eros Films.

The announcement was made by a T-series representative.

The music and audio visual content of flicks under the Eros banner will be now distributed by T-Series on all platforms, which comprise all physical formats, radio, TV, cellular phone and digital formats.

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