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Bharatiya Global Infomedia IPO

Bharatiya Global Infomedia IPO — date, price band, lot size & details 2011

Bharatiya Global Infomedia listed on 28 Jul 2011 at ₹81.9, 0.1% below the ₹82 issue price.

Bharatiya Global Infomedia offers IT based RFID and smart card solutions, IT security software and a digital post production studio. Its total income was Rs 71.01 crore in FY2011.

Stock price

Bharatiya Global Infomedia is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 12 November.

Key dates Listed
  1. Open 11 Jul 2011
  2. Close 14 Jul 2011
  3. Allotment 21 Jul 2011
  4. Refund/credit TBA
  5. Listing 28 Jul 2011

Issue summary

The terms of the offer, as filed.

IPO Dates 11 to 14 Jul, 2011
Price Band ₹75 – ₹82
Face Value ₹10
Lot Size 75 Shares
Issue Size ₹55.1 Cr
Sale Type Fresh capital only
Listing On BSE, NSE
Registrar KFin Technologies Limited
Min Investment ₹ 6,150
Reservation
QIB 50%
NII 15%
Retail 35%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 75 shares at the ₹82 cut-off. Drag to size your application.

shares
1 lot lots
Application Lots Shares Amount
Retail (min) 1 75 ₹6,150
Retail (max) 32 2,400 ₹1,96,800
S-HNI (min) 33 2,475 ₹2,02,950
S-HNI (max) 162 12,150 ₹9,96,300
B-HNI (min) 163 12,225 ₹10,02,450

Strengths & risks

Drawn from the offer document — the case for and against, side by side.

Strengths · 4

  • 01Total income rose from Rs 33.61 crore in FY2009 to Rs 71.01 crore in FY2011.
  • 02Profit after tax rose from Rs 0.07 crore in FY2009 to Rs 4.55 crore in FY2011.
  • 03Total borrowing was low at Rs 5.94 crore in FY2011.
  • 04Rs 22.05 crore of the issue was for upgrading its post production studio and IT division.

Risks · 5

  • 01Profit after tax was only Rs 4.55 crore on income of Rs 71.01 crore in FY2011.
  • 02It runs two unrelated businesses, IT solutions and film post production, which splits focus; R&D needed Rs 6.57 crore.
  • 03Rs 9.90 crore of the issue was for buying an office rather than growing the business.
  • 04It is small, with net worth of Rs 31.93 crore in FY2011.
  • 05Promoter holding fell from 88.66% before the issue to 51.06% after it.

Three years of numbers

All figures in ₹ crore, as reported in the Bharatiya Global Infomedia offer document.

Total income
71.01
34
46
71
31 Mar 200931 Mar 201031 Mar 2011
Profit after tax
4.55
0
3
5
31 Mar 200931 Mar 201031 Mar 2011
Borrowing vs net worth
5.94 / 31.93
31 Mar 200931 Mar 201031 Mar 2011
Borrowing Net worth
Metric 31 Mar 2011 31 Mar 2010 31 Mar 2009
Assets 57.62 47.64 38.22
Total Income 71.01 46.37 33.61
Profit After Tax 4.55 2.87 0.07
NET Worth 31.93 27.72 22.93
Reserves and Surplus 23.36 20.88 16.21
Total Borrowing 5.94 6.61 6.28

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Bharatiya Global Infomedia RHP.

RoNW
14.24%

Where the money goes

₹52.77 Cr of the issue is earmarked to named objects.

Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (a) Purchase of owned Corporate Office & relocation of Branch Office ₹9.90 Cr
Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (b) Upgradation of Digital Post Production Studio and Investment in IT division ₹22.05 Cr
Expansion of R&D technology centre ₹6.57 Cr
Repayment of bank borrowings ₹2.70 Cr
Meeting long term working capital requirements ₹5.05 Cr
General Corporate Purpose ₹6.50 Cr

About the company

Bharatiya Global Infomedia Limited is a technology based company. Its promoters are Rakesh Bhhatia and Arti Bhatia.

Its businesses are IT based solutions such as RFID and smart cards, and a digital post production studio for media and entertainment.

It focuses on IT security and compliance automation software and on technology for the media and entertainment industry, with an emphasis on research and development.

The IPO was Rs 55.1 crore and was entirely fresh issue at Rs 82, the top of the Rs 75 to Rs 82 band. The money was for a corporate office in Noida, upgrading its studio and IT division, R&D and working capital.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
Rakesh Bhhatia and Arti Bhatia
Promoter holding
88.66% → 51.06%
Pre-issue → post-issue

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Almondz Global Securities Ltd View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP

Bharatiya Global Infomedia IPO Documents

Read the filings this page is built from.

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Almondz Global Securities Ltd

23 issues handled
Listed in Profit 73.9% 17 of 23 listed
Avg Listing Gain +21.2% across 23 issues
Listed Below Issue 6 of 23 listed

Best listing: Amar Remedies (+100.0%). Weakest: First Winner Industries (-12.0%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Bharatiya Global Infomedia
Email

Frequently asked

What is the GMP of Bharatiya Global Infomedia?

The current Grey Market Premium is ₹0.

What is the Bharatiya Global Infomedia IPO price band?

₹75 to ₹82, on a face value of ₹10.

When is the allotment?

The basis of allotment is 21 July 2011, with listing on 28 July 2011.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.

Bharatiya Global Infomedia IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹0
Subscribed
2.06×
Min bid
₹6,150
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