Tag Archives: UFO Moviez

UFO Moviez raises INR1.80bn on first day of IPO

UFO Moviez, satellite based digital movie distributor and advertising platform in Mumbai, raises INR1.80 billion by allotting 2.88 million equity shares at INR625 per share through Initial Public Offering (IPO) on the first day. IPO continues for next two days. The company plans to raise over INR6 billion from IPO. The anchor investors are Reliance [...]

UFO Moviez IPO to open on 28 April

UFO Moviez India Ltd, the Digital Cinema distribution network, has announced that its initial public offering  will be up for subscription on 28 April. The IPO is expected to raise as much as INR six billion for the company; price band for the shares has been fixed at INR 615 to INR625 per share. Private [...]

UFO Moviez to raise INR7.5 bn through IPO

UFO Moviez India has announced their plans to go public and raise over INR7.5 billion. The firm has filed a draft red herring prospectus with Securities and Exchange Board of India. Private equity investors namely Providence and 3i Research and promoters have planned to sell partial holdings. Providence is likely to exit the company, said [...]