SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sun TV Network’s promoters to sell stake through OFS: Report

21 May 2013 Evaluate

South-based, Sun TV Network’s promoters are reportedly planning to sell 2% stake through offer for sale (OFS) in order to comply with the Securities Exchange Board of India's minimum shareholding norms.  The issue price will be in the range of Rs 410-420 per share. The promoters are likely to raise around $65 million via OFS route. Currently, promoters owns 77% stake in the company.

The company has reported a rise of 11.61% in its net profit at Rs 177.50 crore in Q4FY13 as compared to net profit of Rs 159.03 crore in the same quarter previous year. Total income of the company has increased by 11.81% to Rs 494.30 crore as compared to Rs 442.09 crore in corresponding quarter last year.

Sun TV Network Share Price

641.25 8.75 (1.38%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×