Jagran Prakashan Ltd - IPO

Jagran Prakashan Ltd IPO Details

Public Issue of 10,039,020 Equity Shares of Rs.10 each for cash at a price of Rs.320 per Equity Share aggregating Rs.321.25 crores (Issue). There will also be a Green Shoe Option of upto 1,505,853 Equity Shares for cash at a price of Rs.320 per Equity Share aggregating Rs.48.19 crores. The Issue and the Green Shoe Option, if exercised in full, will aggregate 11,544,873 Equity Shares amounting to Rs. 369.44 crores. The Issue will constitute 20% of the fully diluted post-issue Equity Share capital of our Company assuming that the Green Shoe Option is not exercised and 22.33% assuming that the Green Shoe Option is exercised in full.

Objective of issue

Cap. expd. to enhance our printing and publishing. Cap. expd. to consolidate our infrastructure. Cap. expd. on plant and machinery for second brand. Acquisitions and investments. Expansion of outdoor advertising business. Augmentation of working capital. General corporate purposes.

Jagran Prakashan Ltd Contact Details

Jagran Prakashan Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - investor@jagran.com

Website - www.jplcorp.in, www.jagran.com