Quint Digital Media Ltd Right Issue

₹125.00 Cr BSE 9 Jan 2023 – 24 Jan 2023

Closed BSE
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Issue Price
₹50.00
Face Value
₹10.00
Issue Size (Shares)
25,000,000
Issue Size (₹ Cr.)
₹125.00
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateThu, Dec 22, 2022
Credit of Rights Entitlements
Bid/Offer Opens OnMon, Jan 9, 2023
Issue Open DateMon, Jan 9, 2023
Renunciation Last DateFri, Jan 13, 2023
Bid/Offer Closes OnTue, Jan 24, 2023
Issue Close DateTue, Jan 24, 2023
Deemed Date of AllotmentTue, Jan 31, 2023
Credit DateWed, Feb 1, 2023
Listing DateFri, Feb 3, 2023
📋 Right Issue Details
Issue Size (Shares)25,000,000
Issue Size (Amount)₹125.00 Cr.
Issue Price₹50.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE
Terms of PaymentRs. 50/- per Rights Equity Share payable on application.
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-312020-03-31
Income61.5339.1673.59
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
2Payment of the remaining purchase price to Mr. Raghav Bahl for acquisition of 100% shares and securities of QML in accordance with the QML SPA.
3Payment of the remaining purchase price to RB Diversified for acquisition of 100% shares and securities of QML in accordance with the QML SPA.
4Payment of the remaining purchase price to Mr. Raghav Bahl for acquisition of 47.92% stake in Spunklane Media in accordance with the Spunklane SPA.
6. Pre- payment / repayment of loans; and 6. General Corporate Purposes.
🏢 About the Company
Incorporated in 1985, Quint Digital Media Ltd presently operates in the M & E-business through its presence in the digital news media segment with three leading digital media platforms viz.: "www.thequint.com" "www.hindi.thequint.com" and www.thequint.com/fit.

The digital media platforms of the Company disseminate news, opinions, and current affairs content on India and the world covering multiple categories such as governance, politics, economy, business, entertainment, sports, technology, education, lifestyle, health and fitness, gender issues, and more.

The Company is India's only pureplay digital news media player.
📞 Company Contact
CompanyQuint Digital Media Ltd
Address403, Prabhat Kiran, 17,
Rajendra Place, Delhi
110 008v
Phone+91 011 4514 2374
Emailcs@thequint.com
WebsiteVisit ↗
📝 Registrar
NameSkyline Financial Services Pvt.Ltd
Phone011-26812682
Emailsubhashdhingreja@skylinerta.com
WebsiteVisit ↗