Hindi
K Sera Sera raises Rs 1.35 bn via GDR
MUMBAI: K Sera Sera Productions has raised Rs 1.35 billion through a GDR (Global Depositary Receipts) issue, building cash to fund its expansion programme that includes bidding for an IPL (Indian Premier League) team franchise.
The company already has a cash reserve of Rs 1.25 billion. “A substantial chunk of the GDR money will be kept for the IPL. We may bid with strong partners. Part of the net proceeds of the issue will be for movies and also the online business,” says K Sera Sera chief financial officer Dharmesh Rajkotia.
K Sera Sera will be investing Rs 250 million in the portal business, Rajkotia adds.
Indiantelevision.com was the first to report that K Sera Sera will raise over Rs 1 billion through a GDR.
K Sera Sera has approved and allotted 4.48 million GDR shares and and 134.2 million underlying equity shares (of Rs 10 each) representing the GDR, the company said.
In an earlier GDR in November 2007, K Sera Sera had raised Rs 1 billion.
Meanwhile, K Sera Sera has decided not to issue convertible warrants on preferential basis to Hindustan Times and Dainik Bhaskar. The company had earlier issued warrants to the Times of India Group.
Hindi
Dhurandhar the revenge storms past Rs 1,000 crore in a week, rewrites box office records
Aditya Dhar’s spy thriller sets fastest run to Rs 1,000 crore with record-breaking weekday hold
MUMBAI: The box office has a new juggernaut—and it is moving at breakneck speed. Dhurandhar the revenge has smashed past the Rs 1,000 crore mark worldwide in just a week, clocking a staggering Rs 1,088 crore and resetting the rules of the blockbuster game.
Backed by Jio Studios and B62 Studios, and directed by Aditya Dhar, the spy action sequel opened to the biggest weekend ever for an Indian film globally—and then refused to slow down. Unlike typical tentpole releases that taper off after Sunday, this one powered through the weekdays with rare muscle, posting Rs 64 crore on Monday, Rs 58 crore on Tuesday, Rs 49 crore on Wednesday and Rs 53 crore on Thursday.
The numbers stack up to a formidable first-week haul. India collections stand at Rs 690 crore nett and Rs 814 crore gross, while overseas markets have chipped in Rs 274 crore, taking the worldwide total to Rs 1,088 crore in just eight days.
The film’s opening weekend alone delivered Rs 466 crore, laying the foundation for what is now being billed as the fastest climb to the Rs 1,000 crore club in Indian cinema. Every single day of its first week has set fresh benchmarks, from the highest opening weekend to the strongest weekday hold—metrics that typically separate hits from phenomena.
A sequel to the earlier hit Dhurandhar, the film has not just built on its predecessor’s momentum but obliterated previous records, emerging as the biggest global blockbuster run by an Indian film to date.
At this pace, the film is not merely riding a wave—it is creating one.
