Date:22/09/11,
IPO,
Domestic Company Announced,
Shemaroo Entertainment, a Mumbai based integrated media content house, filed a DRHP to raise upto INR 1150 million through an IPO. The funds will be used to finance it's working capital requirements.
Yes Bank Ltd and ICICI Securities Ltd are the book running lead managers to the issue.
Shemaroo Entertainment, a Mumbai based integrated media content house in India with activities across content acquisition, value addition to content and content distribution. Shemaroo has also tied up with AKG GRoup for online video services. It provides AKG with premium video content for NyooTV.com, its social television network.
Shemaroo Entertainment, a Mumbai based integrated media content house in India with activities across content acquisition, value addition to content and content distribution. Shemaroo has also tied up with AKG GRoup for online video services. It provides AKG with premium video content for NyooTV.com, its social television network.
Promoters - Raman Maroo, Atul Maru and promoter group together hold 90.14% Stake in the company.
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