Sebi has sought clarifications from Adlabs Entertainment regarding the company’s proposed initial public offer (IPO).Sebi had received the draft offer documents on May 22, 2014 through its lead manager. The company has proposed a public issue of 2.3 crore equity shares of face value of Rs 10 each.
The issue comprises a fresh public issue of up to 2.2 crore shares and an offer for sale of up to 20 lakh shares by the promoter Thrill Park Ltd.Adlabs Entertainment is considering a pre-IPO placement of up to three lakh equity shares for an amount not exceeding Rs 80 crore. Deutsche Equities India Pvt Ltd, Centrum Capital Ltd and Kotak Mahindra Capital Company are book running lead managers for the issue.
Adlabs Entertainment runs amusement park on the Mumbai-Pune expressway built by film producer and director Manmohan Shetty.
The issue comprises a fresh public issue of up to 2.2 crore shares and an offer for sale of up to 20 lakh shares by the promoter Thrill Park Ltd.Adlabs Entertainment is considering a pre-IPO placement of up to three lakh equity shares for an amount not exceeding Rs 80 crore. Deutsche Equities India Pvt Ltd, Centrum Capital Ltd and Kotak Mahindra Capital Company are book running lead managers for the issue.
Adlabs Entertainment runs amusement park on the Mumbai-Pune expressway built by film producer and director Manmohan Shetty.
