Onesource Techmedia IPO to list on June 5
The Chennai based company, Onesource Techmedia is going to list its equity shares on Wednesday (June 5) on the BSE SME platform.
June 04, 2013 / 20:45 IST
Onesource Techmedia's public issue of 64,92,500 equity shares of Rs. 10/- each will list on Wednesday (June 5) on BSE SME exchange. The issue price for the current public issue is fixed at Rs 14/- per share.
The issue was opened fo subscription during May 17 and close on May 21, 2013.The 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.The equity shares offered through prospectus are proposed to be listed on the BSE SME platform.The objects of the issue were to finance company's business expansion plans and achieve the benefits of listing on the SME platform of BSE Ltd.Also Read: Just Dial IPO to list on Wednesday 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!
