Onesource Techmedia lists at Rs 12.40 on BSE SME
Shares of Onesource Techmedia listed at Rs 12.40 on the Bombay Stock Exchange (BSE) SME platform, down 11 percent over its issue price of Rs 14 apiece today.
June 05, 2013 / 11:51 IST
Onesource Techmedia a Chennai based company lists today on Bombay Stock Exchange (BSE) SME platform, down 11 percent over its issue price of Rs 14 apiece today.
At 10:07 hrs the share of the company was quoting at Rs 12.40, down Rs 1.60, or 11.43 percent. It has touched an intraday high of Rs 13.00 and an intraday low of Rs 12.40. There were pending sell orders of 100,000 shares, with no buyers available.The issue price was fixed at Rs 14 per share for the public issue of 64,92,500 equity shares of Rs 10 each, which was opened for subscription during May 17 - May 21, 2013.Also Read: Just Dial up 15% on debut; lists at Rs 590The company is mainly engaged in the business of distribution and trading of media contents in the form of audio and video cassettes, compact disks etc. It enter in to royalty agreements with various media houses which pave the way for marketing the contents of Hindi devotional, Bengali devotional, Bengali folk songs, Rajasthani Devotional, Rajasthani Folk, Bhojpuri Bhajan, Bhojpuri film, Animation movie – Jai Vigneswara, Tamil TV serials in India and abroad. It is also engaged in event management for corporate and small events.Guiness Corporate Advisors Pvt. Ltd. is the lead manager and Purva Sharegistry (India) Private Limited is the registrar to the issue. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
