MoneyWorks4Me

Eros International Media’s parent company files form F-1 with USSEC for IPO

31 Mar 2012 Evaluate

Eros International Media’s parent company - Eros International Plc has filed a registration statement on Form F-1 with the United States Securities and Exchange Commission (USSCE) relating to a proposed initial public offering (IPO) of its A Ordinary Shares. Deutsche Bank Securities Inc., BofA Merrill Lynch, Citigroup and UBS Securities LLC are acting as joint-book runners for the offering.

However, the company has not yet decided on the number of shares to be offered and the price range for the offering.

Eros International Media is a part of the Eros Group., which has an extensive film library and is in the business of sourcing Indian and other film content and exploiting it worldwide through its offices in India, UK, USA, UAE, Singapore, Australia, the Isle of Man and Fiji across formats such as theatres, home entertainment, television and digital new media.

Peers
Company Name CMP
PVR Inox 1255.90
Saregama India 486.75
Shemaroo Entertain. 115.65
UFO Moviez India 60.63
Balaji Telefilms 92.38
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