GECs
Inox IPO oversubscribed; to be listed on 23 February
MUMBAI: Inox Leisure Ltd is all set to list on the BSE and NSE on 23 February after its intial public offer (IPO) got oversubscribed by 49.06 times.
The issue was open for subscription on 27 January and closed on 2 February. Inox had fixed the price band between Rs 100 and Rs 120.
The qualified institutional buyers portion was subscribed by 59.19 times. While the retail sement was subscribed by 17.75 times, HNIs portion received 92.31 times response.
The proceeds of the issue will be utilised to set up new multiplexes on a capital outlay of Rs 1.11 billion. The rest of the proceeds will be for general corporate and issue expenses.
The sole Book-Running Lead Manager to the issue is Enam Financial Consultants Private Limited.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
