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(As on Jul 12, 2018, 10:30)

Ganesh Films India announces launch of initial public offering

Ganesh Films India Ltd. has announced public offering of 1052800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 70.00 per share. The gross proceeds of the issue are expected to be Rs 842.24 lakhs.

The company's initial public offer (IPO) will open on 16 July 2018 and is expected to close on 18 July 2018, subject to customary closing conditions.

The IPO includes a fresh Issue of 1052800 Equity Shares of the Company at an price of Rs 80.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Ganesh Films India Ltd. anticipates using the proceeds of the issue for .

Fedex Securities Ltd. as lead manager & is the registrar, to the issue.

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