Issue Price: Rs. 75 - Rs. 82 Per Equity Share


Allotment Status: http://mis.karvycomputershare.com/ipo/

Bid Details:
Number of Times Issue is Subscribed (BSE + NSE)
As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional Investors (NIIs)Retail Individual Investors (RIIs)Total
Shares Offered / Reserved 3,360,000  1,008,000  2,352,000  6,720,000 
 Day 1 - Jul 11, 2011 17:00 IST 0.0000 0.0100 0.2000 0.0700 
 Day 2 - Jul 12, 2011 17:00 IST 0.0000 0.0100 0.5800 0.2100 
 Day 3 - Jul 13, 2011 17:00 IST 0.0000 0.2900 1.2000 0.4700 
 Day 4 - Jul 14, 2011 17:00 IST 0.0000 1.9400 5.0600 2.0600 

Issue Detail:
»» Issue Open: Jul 11, 2011 - Jul 14, 2011
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 6,720,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 50.40 - 55.10 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Market Lot: 75 Shares
»» Minimum Order Quantity: 75 Shares
»» Listing At: BSE, NSE

Incorporated in 1994, Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development.

BGIL provides visibility across the IT infrastructure, intelligently identifies security threats and compliance breaches, and automates security and compliance processes to reduce risk. They have total of 32 Radio Frequency Identification solutions, out of which they got registration for 8 solutions from Government of India. The IT division of the Company has developed products in house in its R& D centre in Noida using Radio Frequency Identification (RFID) technology. RFID is the key technology of BGIL and used for identification and tracking of the identity, location and conditions of assets, tools, inventory, people using radio waves.

Company Promoters:
The promoters of the company are:
1. Mr. Rakesh Bhhatia
2. Mrs. Arti Bhatia

Objects of the Issue:
The object of the issue are to:
1. Setting up of Corporate office at Noida & Branch Office at Mumbai;
  • Purchase of owned Corporate office at Noida & relocation of Branch Office at Mumbai
  • Upgradation of Digital Post Production Studio and Investment in IT division
2. Expansion of R&D technology centre;
3. Repayment of bank borrowings;
4. Meeting long term working capital requirements;
5. Meeting general corporate purposes; and
6. Meeting Issue Expenses.