GECs
UTV Software Communications to list on 17 March
MUMBAI: UTV Software Communications Ltd’s IPO (initial public offering), which closed on 25 February with a total demand for 26.12 times the issue size of approximately seven million shares will list on 17 March 2005 at National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
The company received bids for about 185 million shares and the size of the issue was Rs 910 million at the upper end (Rs 130) of the price band.
The Book Running Lead Manager to the Issue was Enam Financial Consultants Pvt. Ltd. with IL&FS Investsmart Ltd being the Co-Book Running Lead Manager. Karvy Computershare Pvt LTD was the Registrar to the Issue.
Merchant banking sources have added that over 2.85 lakh bids were received for the issue with the Qualified Institutional Buyers quota being oversubscribed 18.6 times, the Non-Institutional Buyers quota being oversubscribed 33.12 times and retail 35.9 times.
The proceeds from the IPO will be used for enhancement of production facility and office infrastructure, investment in Hungama TV, funding of SFX and post-production expansion, investment in movie production and distribution initiatives and general corporate purposes.
The issue comprised a fresh equity of 4,500,000 shares of Rs 10 each and offer for sale by CDPQ, a Canadian private equity investor, of 2,499,950 equity shares of Rs 10 each for cash. 349,950 equity shares were reserved for employees on a competitive basis with a net issue to the public of 6,650,000 equity shares. The net issue to public constituted 34.11 per cent of the fully diluted post issue paid-up capital of the company.
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.
