JAGRAN PRAKASHAN LTD is planning to launch offer to Buy. The issue type of offer to buy by Jagran Prakashan Ltd is Buyback. The issue will open on 10 July, 2018 and close on 23 July 2018.The number of share in this offer to buy by JAGRAN PRAKASHAN LTD is Rs 1, 50, 00,000. The face value of offer to buy is Rs 2 and Floor Price is Rs 195.
Company profile of JAGRAN PRAKASHAN LTD:
- Jagran Prakashan Ltd. (JPL), incorporated in the year 1975, is a Mid Cap company (having a market cap of Rs 4222.74 Crore) operating in Paper sector.
- JagranPrakashan is in the Media & Entertainment sector. JPLs birth was the pet project of the Indian freedom fighter Late Shri Puran Chandra Gupta. The Company is engaging in printing and publishing of newspapers, magazines, journals and media related businesses.
- JAGRAN PRAKASHAN LTD (JPL) is listed on the BSE with a BSE Code of 532705 and the NSE with an NSE Code of JAGRAN.
- Jagran Prakashan Ltd. key Products/Revenue Segments include Income From Advertisement which contributed Rs 1329.06 Crore to Sales Value (69.94 % of Total Sales), Newspapers which contributed Rs 404.15 Crore to Sales Value (21.26 % of Total Sales), Other Services which contributed Rs 119.05 Crore to Sales Value (6.26 % of Total Sales), Other Operating Revenue which contributed Rs 46.47 Crore to Sales Value (2.44 % of Total Sales), Magazines which contributed Rs 1.35 Crore to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2017.
- For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 548.03 Crore, down -8.37 % from last quarter Sales of Rs 598.07 Crore and up 6.39 % from last year same quarter Sales of Rs 515.13 Crore Company has reported net profit after tax of Rs 62.75 Crore in latest quarter.
Issue Details of offer to Buy by Jagran Prakashan Ltd. (JPL):