Shemaroo Entertainment plans to raise Rs120 crore via IPO

India Infoline News Service | Mumbai | September 09, 2014 11:04 IST

Shemaroo Entertainment Pvt Ltd is planning to raise Rs120 crore through an initial public offer.

The issue will open on 16 September and will close on 18th September, 2014.

The company has offered a 10% discount to retail subscribers.

The equity shares are being offered in the price band of Rs155 to Rs170 per equity share of Rs10 each.

The lead managers of the issue are Yes Bank Ltd and ICICI Securities Ltd, says report.