The equity shares of Jupiter Infomedia Ltd will be listed on the SME platform of the Bombay Stock Exchange on August 16.

Jupiter Infomedia’s public issue, which opened on July 30 and closed on August 1, was oversubscribed 1.6 times, a company statement said here.

Jupiter Infomedia had come out with a public issue of 20.40 lakh equity shares of Rs 10 each for cash at a price of Rs 20 per share, aggregating to Rs 408 lakhs.

Out of these, 5.40 lakh shares had been reserved for the promoters, 1.80 lakh shares for the market maker and 13.20 lakh shares were offered to the public.

The issue and the net issue constituted 58.45 and 37.82 per cent, respectively, of the post issue paid up equity share capital of the company.

Jupiter Infomedia is a web infomedia company with online publication on business, encyclopedia, yellowpages etc.

(This article was published on August 15, 2012)
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