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.
GECs
Sony PAL to air Sankat Mochan Hanuman from May 4 at 9 PM
Mythological series brings Lord Hanuman’s tale of devotion and courage back to TV
MUMBAI: Sony PAL is set to bring back the timeless mythological series Sankat Mochan Hanuman, with its premiere scheduled for May 4 at 9 PM. The show revisits the legendary journey of Lord Hanuman, offering viewers a chance to reconnect with one of Indian mythology’s most revered figures.
Centred on themes of devotion, courage and righteousness, the series traces Hanuman’s unwavering loyalty to Lord Ram and his fearless stand against evil. With its mix of dramatic storytelling and visually rich sequences, the show aims to deliver both entertainment and spiritual resonance, appealing to audiences across age groups.
The narrative unfolds as a larger-than-life saga, positioning Hanuman as the ultimate protector and a symbol of strength and selfless service. His journey, rooted in faith and duty, continues to strike a chord with viewers, making the series as relevant today as ever.
The cast features Gagan Malik as Lord Ram, Debalina Chatterjee as Sita, Nirbhay Wadhwa in the titular role, and Saurav Gurjar as Raavan. Their performances bring depth and authenticity to characters deeply embedded in Indian cultural memory.
With its return to television, the show is positioned as more than just a rerun. It taps into a renewed appetite for mythological storytelling, blending nostalgia with timeless values.
As audiences increasingly seek content that resonates beyond entertainment, ‘Sankat Mochan Hanuman’ offers a familiar yet powerful narrative, reminding viewers that stories of faith and courage never really go out of style.
