Raj TV IPO price fixed at Rs 257 per equity share

Mumbai, Mar 7 (UNI) A regional broadcaster and media company, Raj Television Network Limited today announced that they have fixed their issue price at Rs 257 per equity share for its Initial Public Offering (IPO) of 35,68,250 equity shares of face value of Rs 10 each for cash, at a premium of Rs 247 decided through a 100 per cent book-building process.

The Issue closed for subscription on February 23, 2007.

The equity shares of the Company are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), an official statement disclosed.

UNI