Bharatiya Global Infomedia Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,360,000 (50%) | — | ₹2,755 Cr |
| NII (HNI) | — | 1,008,000 (15%) | — | ₹827 Cr |
| Retail | — | 2,352,000 (35%) | — | ₹1,929 Cr |
| Σ Total | — | 6,720,000 (100%) | — | ₹55,104 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹6,150 |
| Retail (Max) | 13 | 975 | ₹79,950 |
| S-HNI (Min) | 14 | 1,050 | ₹86,100 |
| B-HNI (Min) | 67 | 5,025 | ₹412,050 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (a) Purchase of owned Corporate Office & relocation of Branch Office – 9.90
- 2 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
- 3 Expansion of R&D technology centre – 6.57
- 4 Repayment of bank borrowings – 2.70
- 5 Meeting long term working capital requirements – 5.05
- 6 General Corporate Purpose – 6.50
Company Overview
Incorporated in 1994, Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development.
BGIL provides visibility across the IT infrastructure, intelligently identifies security threats and compliance breaches, and automates security and compliance processes to reduce risk. They have total of 32 Radio Frequency Identification solutions, out of which they got registration for 8 solutions from Government of India. The IT division of the Company has developed products in house in its R& D centre in Noida using Radio Frequency Identification (RFID) technology. RFID is the key technology of BGIL and used for identification and tracking of the identity, location and conditions of assets, tools, inventory, people using radio waves.