GECs
UTV IPO oversubscribed; bids in upper price band
MUMBAI: UTV Software Communications’ initial public offering (IPO) has received overwhelming response. At the end of the day’s trading, the issue had been oversubscribed 3.4 times.
Most of the bids were received at Rs 130 per share, at the upper end of the price band. The IPO of nearly 7 million shares is being offered in a price band of Rs 115-130 per share.
The issue, which opened today and will close on 25 February, was oversubscribed in the first 10 minutes of it’s going up on offer.
UTV expects to raise Rs 910 million at the upper end. The issue comprises 34.11 per cent of UTV’s expanded equity.
UTV is the first media company this year to take the IPO route. Shringar Cinemas is planning to float a public issue to raise Rs 500 million.
MUMBAI: Lights, camera… connection because this time, the game isn’t just about winning, it’s about who’s with you. Sony Pictures Networks India is gearing up to launch a new reality game show, Tum Ho Naa, expanding its unscripted slate with a format that promises both emotion and engagement.
The show will premiere soon on Sony Entertainment Television and stream on Sony LIV, with Rajeev Khandelwal stepping in as host. Known for his measured screen presence and selective choices, Khandelwal’s return to television adds a layer of familiarity and credibility to the upcoming format.
While specific details of the gameplay remain under wraps, the positioning suggests a reality format that leans as much on emotional resonance as it does on competition, an increasingly popular blend in Indian television, where audiences are gravitating towards content that offers both stakes and storytelling.
Khandelwal, reflecting on his return, noted that his choices have often been guided by instinct rather than convention, describing Tum Ho Naa as a project that feels “close to the heart”. His association also signals Sony’s continued focus on anchoring new formats with recognisable faces who bring both relatability and depth.
The launch comes at a time when broadcasters are doubling down on original non-fiction formats to drive appointment viewing, even as digital platforms expand parallel reach. By placing the show across both linear television and OTT, Sony appears to be aiming for a dual-audience strategy capturing traditional viewers while engaging digital-first consumers.
As the countdown to premiere begins, Tum Ho Naa positions itself not just as another game show, but as a reminder that sometimes, the biggest prize on screen isn’t the jackpot, it’s the journey shared along the way.
