Entertainment in the IPO market - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Entertainment in the IPO market

Mar 7, 2000

A slew of media companies are slated to hit the IPO market over the next couple of months. Notable among them are Sun TV, NDTV, Nimbus, Creative Eye, Sagar Entertainment, ATN and UTV.The media sector is going through a massive transformation with content creators venturing into broadcasting and post-production, the broadcasters venturing into media marketing, pay channels as well as provision of distribution trolleys etc.

The valuations that media stocks have attracted the world over (Time Warner, Viacom, News Corp etc) as well as in India (Zee Television, Sri Adhikari Brothers, Crest Communications, TV 18) have led the media companies especially those catering to the Cable and Satellite market to tap the capital market for funding their ambitious plans.

While Creative Eye is already planning for a Rs. 1.20 bn IPO with the money to be used for creation of post–production facilities apart from production studios and a tele–shopping channel, Nimbus has plans for two television channels apart from radio broadcasting. The company has so far been engaged in media marketing apart from television programming. The Rs 2.31 bn issue is to be priced at around Rs 400.

With quite a lot of quality stocks tapping the IPO market, the primary market is in for good times. Also since all these companies are profit making this will give investors a chance to participate in good quality companies.

However, it is that the valuation of the individual stocks vis-à-vis their fundamentals and the success of their plans will be crucial for determining the gains that investors make.


Equitymaster requests your view! Post a comment on "Entertainment in the IPO market". Click here!

  

More Views on News

Sorry! There are no related views on news for this company/sector.

Most Popular

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers (Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

My Top Stock to Buy in this Market Selloff (Profit Hunter)

Sep 22, 2020

The recent correction offers a great opportunity to buy this high conviction smallcap stock.

Can the Nifty Fall to 10,200? (Fast Profits Daily)

Sep 24, 2020

The Nifty has reached an important support level today. If it breaks then we could see further downside.

What Do the Charts Say About Buying Smallcaps Now? (Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE TECK


Sep 29, 2020 (Close)

S&P BSE TECK 5-YR ANALYSIS

COMPARE COMPANY

MARKET STATS